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Analyst Sees Crypto Boom & New Millionaires Post-April 2

Analyst Sees Crypto Boom & New Millionaires Post-April 2 WikiBit 2025-03-31 15:26

Analyst predicts major crypto surge after April 2nd volatility, creating ‘new millionaires’ Cites institutional adoption & US gov’t support

Crypto

Analyst Sees Crypto Boom & “New Millionaires” Post-April 2

  • Analyst predicts major crypto surge after April 2nd volatility, creating ‘new millionaires’
  • Cites institutional adoption & US govt 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 Trumps 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.

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 among nations embracing crypto technology.

Besides President Trump, the analyst noted, many members of the current administration personally own or publicly support cryptocurrency, including the recently nominated SEC Chair, Paul Atkins.

Atkins himself stated recently that he has participated in industry efforts to develop best practices since 2017. He highlighted the need for creating clear, proper regulations for the digital asset market, calling it crucial for removing existing industry uncertainty and fostering responsible growth.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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