Trump’s possible reelection might propel Bitcoin to new heights.

As a second Trump presidency appears increasingly likely to some, discussions about Bitcoin's future have gained momentum. Roundtable anchor Rob Nelson, along with Jon Najarian, Co-Founder of Market Rebellion, and Aaron Arnold, host of Altcoin Daily, explored this topic, examining how political shifts and market dynamics could drive Bitcoin to unprecedented heights.

Rob Nelson initiated the conversation by emphasizing the growing support for Bitcoin among influential figures like Mark Cuban and Larry Fink. He pointed out the prevailing sentiment that a Trump reelection could significantly impact Bitcoin’s trajectory.

Najarian shared his view, connecting potential political changes with substantial Bitcoin gains. He criticized Gary Gensler’s approach to cryptocurrency regulation and speculated that a Trump administration would be more favorable to crypto. Najarian confidently stated, “If Trump wins, Bitcoin goes through the roof.”

Nelson then pressed Najarian for his Bitcoin price predictions. Najarian, who had previously set a target of $85,000, suggested that the likelihood of Trump’s reelection could push Bitcoin over $100,000 by the end of 2024.