Bitcoin is once again in the spotlight after Donald Trump’s announcement that his administration plans to issue $2,000 stimulus checks funded by tariff revenues. The promise, which echoes the direct payments of 2020 that helped ignite Bitcoin’s historic bull run, has fueled optimism among investors anticipating a fresh wave of liquidity across financial markets.
The move could inject billions into the economy and potentially revive risk-on sentiment, sending speculative assets like cryptocurrencies soaring.
Trump defended his tariff policy, calling critics “fools,” and said the plan would exclude “high-income people,” though he didn’t specify income thresholds.
According to the Committee for a Responsible Federal Budget, the US has already collected over $151 billion in tariff revenue between April and October, with Treasury Secretary Scott Bessent projecting at least $500 billion annually moving forward.
If executed, these payments could not only support consumer spending but also channel a portion of that liquidity into Bitcoin (BTC) and other digital assets, just as seen during the pandemic stimulus era.
Bitcoin Breaks Resistance as Bulls Regain Control
Bitcoin price prediction seems bullish as BTC is currently trades near $106,338, up 3.7% in 24 hours, with a market capitalization above $2.12 trillion. The recent breakout above $106,000 represents a key technical milestone, signaling a shift in short-term sentiment.
A 20-EMA crossover above the 50-EMA confirms strengthening bullish momentum, while a steady series of higher lows reinforces the uptrend. The RSI around 74 points to sustained demand, indicating strong market conviction rather than exhaustion.
Bitcoin Price Chart – Source: TradingviewRecent candlestick patterns, including a bullish engulfing formation followed by spinning tops, suggest controlled consolidation ahead of another potential leg upward.
Bitcoin’s structure now resembles an ascending channel, with buyers repeatedly defending the $104,000 support zone.
BTC Outlook: Can Bulls Push Toward $111K?
If Bitcoin maintains support above $105,800, the next resistance lies at $108,000, with a more critical barrier at $111,200, a level aligning with the 61.8% Fibonacci retracement from October’s decline. A confirmed daily close above $111K could open a pathway toward $114,000, marking a potential continuation of the broader bull cycle.
For traders, the setup favors buying on dips near $105,000, targeting the $108,000–$111,000 range. A drop below $104,000 could spark a brief retest of prior support, though institutional demand appears firm.
As global liquidity expectations rise, Bitcoin’s appeal as a hard-cap alternative asset may strengthen further. If Trump’s proposed stimulus checks materialize, the resulting liquidity wave could echo the 2020 stimulus-driven Bitcoin explosion, potentially driving prices toward new all-time highs before year-end.
Bitcoin Hyper: The Next Evolution of BTC on Solana?
Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level speed.
Built as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance framework. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.
Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $26.4 million, with tokens priced at just $0.013245 before the next increase.
As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.
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The post Bitcoin Price Prediction: Trump’s $2,000 Checks Could Trigger a 2020-Style Bitcoin Explosion – New All-Time Highs Incoming appeared first on Cryptonews.
