Bitcoin Price, Trump's Bill, and the $150K Dream: A NYC Take

Trump's 'Big Beautiful Bill' sparks debate. Will it send Bitcoin to $150K? We break down the possible outcomes and what it means for your digital wallet.

Bitcoin Price, Trump's Bill, and the $150K Dream: A NYC Take

So, Trump's about to sign his “Big Beautiful Bill” and the crypto world's buzzing. Could this be the rocket fuel that sends Bitcoin to $150K? Let's dive in.

The Trump Bill Effect: Deja Vu All Over Again?

Remember back in late 2020 when Trump signed a COVID-19 spending bill? Bitcoin went ballistic, jumping 38% in weeks. Some folks are betting that history might just repeat itself with this new bill.

The argument goes like this: increased government borrowing = more risk = Bitcoin becomes more attractive. If Bitcoin mirrors that 2020 performance, we're talking about a $150,000 Bitcoin. Hold on to your hats!

The Debt Dilemma: Is it Sustainable?

Of course, it's not all sunshine and rainbows. This “Big Beautiful Bill” could send the US national debt skyrocketing. We're talking potentially $40 trillion by 2025! That's a whole lotta dough.

Economists are raising eyebrows, warning about the long-term fiscal risks. Moody's is even hinting at investor unease. It's a gamble, no doubt about it.

Global Liquidity: Fueling the Fire

Beyond the Trump bill, there's also the global M2 money supply to consider. Historically, Bitcoin's price has tracked M2 pretty closely. And guess what? Global M2 just hit a new all-time high.

Some analysts think M2 will keep climbing even after Bitcoin hits its peak. It's all interconnected, see?

Whale Watching: Big Moves in the Crypto Sea

It's not just macroeconomics, there's movement on the micro level too. Crypto whales are making some interesting plays. We're talking million-dollar transactions, new wallets popping up, and some, shall we say, *questionable* memecoin decisions.

My Two Satoshis

Look, the Trump bill is a wildcard. On one hand, it could juice Bitcoin's price. On the other, it could destabilize the economy. There is definitely a possibility that history may repeat itself, and Bitcoin may pass $150,000 if the same price action were to follow the Big Beautiful Bill. However, keep in mind that a massive debt explosion can be bad for the economy and result in a price plunge.

The Bottom Line

So, will Bitcoin hit $150K? Nobody knows for sure. But with Trump's bill in the mix, plus global liquidity trends, things are about to get interesting. Buckle up, buttercups! It's gonna be a wild ride.