Is Bitcoin about to explode? Trump's anger over interest rates signals a major move.

Bitcoin experts are buzzing as President-elect Donald Trump criticizes the current policy of the Federal Reserve, calling interest rates "too high" despite persistent inflation pressures. "We're inheriting a very tough situation from a government that's getting ready to leave office," Trump said at his Mar-a-Lago club, adding that officials seem to be "trying to make things even more difficult" for his incoming team. These candid statements, made less than two weeks before Trump's inauguration, have sparked speculation about possible changes in US monetary policy—and have fueled speculation about the promotion of Bitcoin and other risky assets in the new year. Trump's strategy in 2017: Dollar is "too strong", will Bitcoin rise? Although the economic and geopolitical context has changed since Trump's first term, some market observers see similarities with his 2017 speech. Back then, he criticized the strong US dollar, a stance that preceded a significant drop in the currency. The US Dollar Index (DXY) reached nearly 104 in early January 2017 but began a prolonged decline until early 2018, hitting a low of around 98. This strong fluctuation of the dollar coincides with a broader risk environment, driving the upward momentum of stocks as well as the Bitcoin and cryptocurrency markets. Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), made a direct comparison to X. “The last time Trump said something 'too high', it was the dollar - in January 2017, just a few days before his inauguration,” Bittel declared and recounted: “This is what he said: 'Our companies can't compete with them right now because our currency is too strong. And that's killing us.” Notably, last year, Trump also called the recent strength a "major burden on US businesses". Bittel further argues: "Trump understands the impact of a strong dollar - and the same logic applies to high interest rates. They hinder exports, damage corporate income, and slow economic growth." Speaking of the impact on Bitcoin and the cryptocurrency market in general, Bittel concluded: 'What happens next? Well, the dollar begins to decline significantly, setting the stage for one of the most important macro moves we've seen in years - triggering the explosion of risky assets. Déjà vu? I think so. Let's see how it unfolds.' Please provide the text to be translated. Bittel is not the only expert speculating that the DXY may have peaked, reflecting its 2017 peak pattern. Steve Donzé, Chief Information Officer of Multi Asset at Pictet Asset Management Japan, shared a widely discussed chart on X, commenting "Right on time. Ready for resistance", while stacking the recent fluctuations of the DXY with its trajectory at the beginning of 2017. The chart indicates a similar pattern that may forecast a fresh weakness of the dollar in the coming weeks.

In a separate post, financial analyst Silver Surfer (@SilverSurfer_23) pointed out a strange time coincidence: "DXY peaked on January 3, 2017 - 18 days before Trump's inauguration. DXY seems to have peaked on January 2, 2025 - 19 days before Trump's inauguration." He described this parallel as "crazy history repeating itself", explaining that he sees a correlation between the path of DXY before both inaugurations. Such deductions are fueling speculation that the repeated decline of the dollar could create a supportive environment for risky assets. If the dollar really enters a new downward trend, like in 2017-2018, Bitcoin could ride a new wave of liquidity and speculative demand. At the time of press, BTC was trading at $94,950.