Copper.co's research director Fadi Aboualfa stated that by January 20, 2025, when Trump becomes president, the price of bitcoin is likely to reach $0.1 million. Following the news of Trump's election victory, Aboualfa, in a written statement to CNBC, said: "For bitcoin, it's worth noting that Trump witnessed two historic high cycles during his presidency from 2016 to 2020. Although these gains occurred against the backdrop of a weakening dollar, which is different from the current environment of a stronger dollar. However, given that the bitcoin spot ETF currently holds about 1.1 million bitcoins, the momentum in the coming months may remain positive."