Analysis: Community believes Bitcoin may see a sharp rise on Trump's inauguration day

Cryptocurrency markets have been as unpredictable in recent days as the U.S. government shutdown, with news that the U.S. government is about to shut down due to stalled spending negotiations, a situation that has historically affected markets in various ways. Arthur Hayes believes that the cryptocurrency market will see a "dismal decline" around Trump's inauguration due to the disillusionment of market participants' short-term expectations, but the crypto community is holding its breath to see if Trump's inauguration will trigger a legendary "God candle" trend (Note: "God candle" refers to a sharp increase in prices in a day, which eclipses the surrounding activities on the price trend chart), which means that the current market downturn is just a temporary calm, a bear market phase in a larger bull market cycle, and Bitcoin may see a huge recovery if the United States solves the 2025 budget problem and Trump implements multiple Bitcoin-focused strategies to encourage the market. Of course, the immediate price trend of Bitcoin is still unclear. It is uncertain whether Trump's inauguration as the U.S. president will usher in the expected crypto market boom. (News.bitcoin)