Analyst Sees Crypto Boom & “New Millionaires” Post-April 2
The post Analyst Sees Crypto Boom & “New Millionaires” Post-April 2 appeared on BitcoinEthereumNews.com.
Analyst predicts major crypto surge after April 2nd volatility, creating ‘new millionaires’ Cites institutional adoption & US gov’t support (Trump/Atkins) as key drivers Forecast includes potential for Bitcoin reaching as high as $700,000 per coin A crypto boom is soon to happen, predicted a top crypto analyst on a latest YouTube podcast. Citing several indicators, the analyst forecasted significant market volatility soon, followed by a notable surge that they claim will create a “new set of millionaires” among retail crypto investors. In the podcast, the analyst highlighted April 2nd – the day President Donald Trump’s new tariffs take effect – as a crucial date for both traditional and digital asset markets. While not predicting a smooth upward trend, the analyst suggested the overall market movement ultimately will resolve higher, regardless of initial volatility caused by tariffs or other factors. Why the Bullish Prediction? Institutional Adoption Cited Additionally, the analyst cited fundamental reasons supporting their prediction that the crypto market will surge once more. One key factor mentioned is the current level of support the industry receives from major financial players worldwide. Related: Bitcoin Parks Near $87K, Shrugs Off Trump’s US Tariff Speed Bump This growing adoption, the analyst argued, could lead to significantly increased digital asset values, with Bitcoin possibly reaching as high as $700,000 per coin in their long-term bullish view. US Government Support Seen as Key Factor Support from the US government represents another crucial factor the analyst cited backing an imminent crypto boom. Describing the US as having the “largest capital market,” the analyst pointed to President Donald Trump’s stated promises to foster crypto investment and his administration’s efforts to establish mechanisms toward that goal (such as the proposed Strategic Bitcoin Reserve). The analyst recalled Trump stating a goal for the US to become the global leader…
Filed under: News - @ March 31, 2025 7:26 am