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Bitcoin has recently shown a strong upward trend, approaching all-time highs, coinciding with political developments, particularly the upcoming Trump inauguration. The discussion reflects the excitement surrounding potential policy changes favoring cryptocurrencies under the new administration, contrasting previous predictions of a market downturn. Analysts noted that investor sentiment appears to shift towards a more positive outlook, influenced by heightened speculation regarding executive orders relating to Bitcoin in the early days of the new presidency. This changing sentiment indicates a broader recognition of cryptocurrencies as significant economic factors rather than just speculative assets.