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Bitcoin’s Bull Run: Trump Endorsement, BlackRock Strategy Fuel $122K Price Target Optimism

Bitcoin’s Bull Run: Trump Endorsement, BlackRock Strategy Fuel $122K Price Target Optimism

Author:
Cryptonews
Published:
2025-10-13 22:57:40
13
1

Bitcoin bulls are charging back with renewed conviction as political tailwinds and institutional strategies converge.

The Trump Effect Meets Wall Street Muscle

Political developments combine with BlackRock's continued crypto embrace to create perfect storm conditions. Institutional adoption patterns suggest traditional finance finally understands what crypto natives knew years ago—though they'll probably take credit for the discovery.

Technical Breakout Signals

Chart analysis reveals clear pathways toward the $122,000 benchmark. Market structure improvements and accumulation patterns indicate this isn't just another speculative bubble—though skeptics remain convinced it's all just digital tulips.

The Institutional Stampede

Major financial players aren't just dipping toes anymore—they're diving headfirst into Bitcoin allocation strategies. Because nothing says 'serious investment' like chasing 100% returns while pretending it's about portfolio diversification.

The convergence of political support, institutional adoption, and technical momentum creates conditions where $122,000 appears less like fantasy and more like inevitable destination. Whether this proves crypto's ultimate validation or just another chapter in its volatile history depends entirely on whether the 'smart money' actually understands what they're buying.

BlackRock’s $94B ETF Strengthens the Case

Adding to the momentum, Larry Fink, CEO of BlackRock, recently likened bitcoin to gold in a CBS interview, marking a complete reversal from his earlier skepticism. “Crypto has a role, just like gold does,” he said.

JUST IN: $12 trillion BlackRock CEO Larry Fink says, “There is a role for crypto the same way there is a role for gold.”

“This is not a bad asset.” pic.twitter.com/PeTORJ3PHB

— Bitcoin Magazine (@BitcoinMagazine) October 13, 2025

BlackRock’s iShares Bitcoin Trust now manages roughly $94 billion, and half its investors are first-time clients. That mix of institutional and retail demand is deepening Bitcoin’s mainstream footprint, reinforcing its identity as “digital gold” amid inflation worries.

  • Fink’s endorsement has fueled renewed investor trust.
  • Retail interest is surging, widening the crypto market base.
  • Bitcoin’s store-of-value narrative continues to mature.

Wall Street’s growing embrace of Bitcoin adds another LAYER of validation, suggesting that the asset’s next phase of adoption could come from traditional portfolios seeking stability and diversification.

Trump’s BTC Holdings Add Political Weight

In another surprising twist, President Donald TRUMP has become one of Bitcoin’s biggest individual holders. His company, Trump Media, purchased $2 billion in Bitcoin earlier this year, giving him an indirect stake of roughly $870 million through his 41% ownership.

JUST IN:🇺🇸Forbes says President Donald Trump "is now one of the largest #bitcoin investors on the planet," owning an estimated $870 million in BTC👀pic.twitter.com/uvCtkvDdv4

— Bitcoin Magazine (@BitcoinMagazine) October 13, 2025

The move mirrors Michael Saylor’s playbook at MicroStrategy, turning Trump Media into a Bitcoin-treasury-style company. Since the purchase, Bitcoin’s price has risen nearly 6%, reflecting growing Optimism around the alignment between political influence and crypto adoption.

Market watchers now view this convergence, between Wall Street, corporate America, and political power, as the strongest signal yet of Bitcoin’s institutional legitimacy.

Bitcoin Technical Setup: Bulls Target $122K

Technically, Bitcoin trades in a tight consolidation channel between $112,700 and $117,600. A breakout above $116,100—the key 50% Fibonacci retracement—could trigger renewed bullish momentum toward $119,800–$122,500.

The RSI at 56 shows improving buying strength, while lower candle wicks highlight consistent dip accumulation. If resistance holds, BTC could retest $111,200, where strong support aligns with the 23.6% Fib retracement.

Bitcoin Price Chart – Source: Tradingview

For short-term traders, a close above $116,000 sets up a possible continuation pattern, while institutions continue to treat every dip as a buying opportunity.

With sentiment improving, ETF inflows steady, and macro tensions easing, Bitcoin’s path toward $122K may only be getting started.

Bitcoin Hyper: The Next Evolution of Bitcoin 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 $23.4 million, with tokens priced at just $0.013105 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.

Click Here to Participate in the Presale

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