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Cointelegraph

How high can BTC price go after Trump’s bullish Bitcoin speech?

Jul 28, 202422:06 GMT+6

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Former United States President Donald Trump went all in on Bitcoin in his latest keynote at the Bitcoin 2024 conference in Nashville, promising voters to make the United States “the crypto capital of the world.”

He will do so by creating a national Bitcoin

BTCUSD

“stockpile” and, in turn, making the cryptocurrency a “permanent national asset.”

Naturally, Trump’s electoral promises have triggered bullish responses from top crypto analysts, with some predicting BTC’s price will grow tenfold in the future.

One of the boldest and most bullish outlooks for Bitcoin after Trump’s speech comes from independent market analyst Daan de Rover.

The chartist, who goes by the moniker “Crypto Rover” on X, expects BTC’s price to cross $800,000 if the former US president is elected once again in November, particularly since Trump also stated that Bitcoin may overtake gold’s market capitalization in the future.

“If this would happen, BTC would be valued at $813,054,” Rover said in a tweet on July 28.