The price of Bitcoin could reach $150,000 in a few weeks thanks to Trump's 'Big Beautiful Bill'.

Bitcoin is currently in the sights of investors and market followers as it has the potential to reach a new price level. Predictions suggest that the price of Bitcoin could rise to the sky by up to 40% in the short-term after U.S. President Donald Trump signs the massive spending bill "Big Beautiful Bill" on Independence Day. The connection between U.S. financial policies and the value of Bitcoin has been clearly demonstrated in history, and this time, the market is expecting a strong bounce back.

"Big Beautiful Bill" and its impact on Bitcoin

The "Big Beautiful Bill" proposed by President Donald Trump could bring about a major change in the U.S. economy. It is predicted that this bill will increase the national debt of the United States, potentially reaching 40 trillion dollars by 2025. This level of debt would mark a significant milestone in the financial history of the country, compared to the 23.2 trillion dollars of U.S. debt at the beginning of 2020.

Many experts believe that the rise in national debt is a key factor affecting the value of Bitcoin. In the past, when the national debt of the United States increased, Bitcoin reacted positively. For example, after President Trump signed the spending bill to cope with the COVID-19 pandemic at the end of 2020, the price of Bitcoin rose to the sky, achieving a growth of 38% in just a few weeks.

The trading source The Kobeissi Letter has analyzed that the growth of national debt will continue to drive demand for "anti-inflation" assets such as Bitcoin.

"To clarify, at the beginning of 2020, the total national debt of the United States reached 23.2 trillion dollars. This means that the public debt of the US will increase by nearly 17 trillion dollars in just the next 6 years. Never in history has the United States been in such a massive borrowing situation as it is now. This is truly a crisis."

The Relationship Between Bitcoin and M2 Money Supply

In addition to the impact of spending policies, another important factor driving the rise in Bitcoin's price is the expansion of the global M2 money supply. According to the latest data, the global M2 money supply has reached a record high, exceeding 55.4 trillion dollars as of July 3. This not only affects the economy as a whole but also directly relates to the value of Bitcoin.

M2 is an indicator that reflects the total amount of money in the economy, including cash, bank deposits, and other short-term financial assets. Bitcoin has demonstrated a strong correlation with the volatility of M2 throughout history, with changes in the money supply often preceding or following fluctuations in Bitcoin's price. As M2 increases, the amount of reserves globally rises, raising concerns about inflation and the depreciation of traditional currencies like the US dollar.

According to an analysis from Rekt Capital, a well-known analyst in the crypto community, the continued increase in M2 could drive the price of Bitcoin even higher in the near future.

"Whether Bitcoin reaches its peak in a bull market or not, the increase in M2 money supply may continue to drive BTC's bounce back in the short term."

Future Prospects: Could Bitcoin Reach $150,000?

With the current context, Bitcoin may be in a strong rising cycle. Experts predict that if the situation continues to follow historical patterns, the price of Bitcoin could exceed $150,000, especially if President Trump's spending bill – the "Big Beautiful Bill" – is passed and impacts the U.S. economy as expected.

In addition, signals from the cryptocurrency market also indicate a strong rise in investments in Bitcoin, especially from large investors and financial institutions. The combination of U.S. financial policy and the expansion of M2 money supply could create a new "boom" for the Bitcoin market in the near future.

BTC/USD compared to the global M2 money supply. Source: XBitcoin is on a strong growth trajectory and has the potential to reach record high prices if factors such as national debt growth and the increase in M2 money supply continue. Trump's "Big Beautiful Bill" spending bill, along with the expansion of the money supply, could be the determining factor for Bitcoin to break through and attract the attention of investors. If history repeats itself, Bitcoin could continue to grow strongly and reach new price milestones, taking this cryptocurrency to unprecedented heights.

Annie