{"id":14275,"date":"2025-08-08T11:50:01","date_gmt":"2025-08-08T10:50:01","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=14275"},"modified":"2025-08-08T11:50:03","modified_gmt":"2025-08-08T10:50:03","slug":"bitcoin-surge-trump-support-123000-next-week","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-surge-trump-support-123000-next-week\/","title":{"rendered":"Trump Sparks Bitcoin Surge : Are $123,000 Levels on the Horizon Next Week ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"9-trillion-reasons-to-believe-in-bitcoin-bull-run\">9 Trillion Reasons to Believe in Bitcoin Bull Run<\/h2>\n\n\n\n<p>The <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/bitcoin\/\">Bitcoin price<\/a> has experienced a <strong>1.4% increase today<\/strong>, fueled by numerous catalysts in the United States. <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">BTC<\/a> has climbed <strong>above $116,000<\/strong>, with 24-hour trading volume reaching <strong>$61 billion<\/strong>. It has formed several highly bullish patterns, indicating additional gains, potentially <strong>reaching a new all-time high<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"584\" src=\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/08\/image-53.jpeg\" alt=\"bitcoin price trump\" class=\"wp-image-14276\" srcset=\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-53.jpeg 1024w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-53-300x171.jpeg 300w, https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2025\/08\/image-53-768x438.jpeg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>One of the primary drivers behind this momentum is that President Donald Trump will soon sign an <strong>important executive order<\/strong> on <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/\">cryptocurrencies<\/a>. This document will allow <strong>pension funds<\/strong> to easily invest in digital assets. They will notably be able to invest in Bitcoin, <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/ethereum\/\">Ethereum<\/a>, and <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/ripple-xrp\">XRP<\/a>.<\/p>\n\n\n\n<p>This represents a <strong>major decision<\/strong> as these funds currently hold trillions of dollars in assets. They are estimated to control more than <strong>$9 trillion<\/strong> spread across assets like gold, bonds, and stocks. Even a rotation of just 0.5% of these assets into Bitcoin would represent a <strong>massive inflow of $45 billion<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"123000-next-stop-for-the-crypto-king\">$123,000 : Next Stop for the Crypto King ?<\/h2>\n\n\n\n<p>Technical analysis reveals that BTC has formed several highly bullish chart patterns. These should <strong>trigger further gains<\/strong> this month. For example, the coin has formed an ascending triangle pattern, composed of a <strong>horizontal resistance at $111,822<\/strong> and a diagonal trendline.<\/p>\n\n\n\n<p>The Bitcoin price has also created a <strong>bullish flag pattern<\/strong>, consisting of a flag pole and a descending channel. This type of pattern typically leads to additional gains, which will likely materialize now that it has retested the <strong>support at $111,822<\/strong>.<\/p>\n\n\n\n<p>Additionally, Bitcoin is supported by the 100-period moving average and has remained <strong>above the ascending trendline<\/strong> since April. Therefore, the most probable forecast for BTC&#8217;s price is a <strong>continuation of the uptrend<\/strong>, with initial targets at the <strong>psychological threshold of $120,000<\/strong> and $123,118 (all-time high).<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy BTC on Bitget and receive $10 free !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/mantra-raises-20-million-is-it-the-perfect-time-to-buy-om\/\">MANTRA raises $20 million : The perfect time to buy OM ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/pump-forecast-2025-2030-how-high-can-price-surge\/\">PUMP prediction for 2025 and 2030 : How high can its price soar ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/why-virtuals-price-is-on-the-verge-of-skyrocketing\/\">Here&#8217;s why VIRTUAL&#8217;s price is about to explode<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market heats up following Donald Trump&#8217;s pro-Bitcoin statements. With trillions in financial inflow and renewed investor confidence, BTC could see a meteoric rise. Can this rally truly propel the leading crypto king to $123,000 so quickly ?<\/p>\n","protected":false},"author":38,"featured_media":14274,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"Bitcoin","_yoast_wpseo_title":"Bitcoin Price Prediction : Headed Towards $123,000 ?","_yoast_wpseo_metadesc":"Bitcoin gains momentum with Trump\u2019s support. Will it reach $123,000 next week ? Explore expert analysis and key scenarios now.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[12,10],"tags":[],"class_list":["post-14275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Price Prediction : Headed Towards $123,000 ?<\/title>\n<meta name=\"description\" content=\"Bitcoin gains momentum with Trump\u2019s support. Will it reach $123,000 next week ? 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