“Good time to enter Bitcoin,” says Eric Trump, is he right?

In a movement that has sent tremors through the cryptographic community, Eric Trump took x today to express an upward posture in bitcoin. “It feels like a good time to enter btc! @Worldlibertyfi, ”he wrote, triggering immediate reactions of industry figures and observers equally.

<blockquote class="twitter-tweet”>

It feels like a good time to enter <a target="_blank" href="https://twitter.com/hashtag/btc?src=hash&ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank”>#btc! <a target="_blank" href="https://twitter.com/worldlibertyfi?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank”>@Worldlibertyfi

– Eric Trump (@erictrump) <a target="_blank" href="https://twitter.com/EricTrump/status/1887315608381108271?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank”>February 6, 2025

bitcoin or bass drum signal?

Michael Saylor, Executive Strategy President (previously Microstrategy), was one of the first to answer: it is not a time “Eric Weiss, CEO of bitcoin Investment Group, echoed a similar feeling: it is always a good time to buy bitcoin “

However, not all reactions were direct approval winks. General Byzantine Cryptographic Analyst (@Byzgeneral) <a target="_blank" href="https://x.com/ByzGeneral/status/1887328858505887811″ target=”_blank” rel=”noopener nofollow”>offered A more ironic shot: “People have eth for a day and become a btc Maxi.” Meanwhile, Joe Consorti, Chief of Growth in UTA, <a target="_blank" href="https://x.com/JoeConsorti/status/1887322438091886793″ target=”_blank” rel=”noopener nofollow”>mocking: “He only took 3 days capitular.”

The Consorti comment refers to Eric Trump's post only three days before, on February 3, when he declared that it was a “great time to add eth.” That comment was followed by a notable increase in the price of ethereum, reaching approximately $ 2,300 to more than $ 2,900 in 24 hours.

However, market analysts have pointed out that ethereum's demonstration was part of a broader recovery of the cryptography market after a fall triggered by the proposed rates, which were then temporarily arrested by President Donald Trump. There is no direct evidence to link Eric Trump's statement with the increase in ethereum prices.

Now that Eric Trump has turned to bitcoin, speculation works. Some merchants wonder if they have ideas beyond public knowledge, while others suggest that it could be another passenger support. So far, there has been no explicit justification for Eric Trump that explains his posture change.

Earlier this week, David Sacks, appointed by President Donald Trump as ai and crypto Czar of the Administration, confirms that the White House is actively exploring a strategic bitcoin reserve. “One of the things that the president instructed us to do was evaluate the idea of ​​a strategic Bitcoins reserve. That is one of the first things we will see as part of the Administration's internal work group: the viability of a bitcoin reserve, ”Sacks said at a press conference.

In particular, Eric Trump has never been shy to express great predictions for the world's largest cryptocurrency. During his key note at the bitcoin Mena conference earlier this year, he recalled that the day bitcoin reached $ 100,000 and added: “I can tell him that many eyes were open when bitcoin reached $ 100,000. And I can tell you that many more eyes will be open when bitcoin reaches $ 1 million. “

Then he doubled that forecast with a personal conviction: “I am sure that it will reach $ 1 million, I think we all trust in this room that will reach $ 1 million.”

What follows for btc Price?

According to an axios report in January, President Donald Trump himself spoke about a bitcoin target of $ 150,000 at the beginning of his presidency, with respect to cryptocurrency as “other stock market.”

Yesterday, the Secretary of the Treasury, Scott Besent, addressed concerns about the monetary priorities of the administration. Instead of focusing on the reference rates of the Federal Reserve, Besent declared, the president's gaze is fixed on the long -term indebtedness costs: “He and I are focused on the 10 -year treasure,” Besént a Fox told Fox Business, adding: “He is not asking the Fed to lower interest rates.”

The direction of 10 -year treasure yields is considered fundamental for traditional and cryptographic markets. The lowest yields typically stimulate loans and investment, which thus encourages risk taking. Many analysts see this as a massive bullish signal for the price of btc.

While Eric Trump's support has shone once again in bitcoin, the reasons behind his abrupt enthusiasm are still difficult to achieve. The market, influenced by changing interest rate strategies and speculation about a possible Federal Cryptography Reserve could be fundamental bullish catalysts.

At the time of publication, btc quoted at $ 98,137.

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