The cryptocurrency market is currently experiencing sharp U-turns as the domain continues to project high use cases. The US government has officially acknowledged the might and mettle of the cryptocurrency domain, giving it its official seal of approval. While the market seems to be in its corrective phase with retail yet to hit the domain in full force, Bitcoin seems unstoppable, raking in institutional interest from all sides. Trump’s crypto advisor, David Bailey, has spoken encouraging words for BTC, adding how this might be the last bear market scenario that investors could experience right now.
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Trump’s Cryptocurrency Advisor’s Encouraging Words for Bitcoin
David Bailey, US President Donald Trump’s crypto advisor, has shared a Bitcoin update. Bailey took to X to share how this might be one of the last Bitcoin dips ever for the market to bask in. Bitcoin plunged to $112K after a whale sold 24000 BTC tokens for Ethereum, ushering in a sharp market correction.
Bailey, in his latest tweet, added how every sovereign, bank, insurer, and corporation will circle back to BTC, owning it as an independent asset one day. This statement has sparked widespread bullish hues for the market, putting more weight on BTC as a dependable emerging asset.
“There’s not going to be another Bitcoin bear market for several years. Every sovereign, bank, insurer, corporation, pension, and more will own Bitcoin. The process has already begun in earnest, yet we haven’t even captured 0.01% of the TAM. We’re going so much higher. Dream big.”
🇺🇲Trump’s crypto advisor David Bailey👇
— Bitinning (@bitinning) August 25, 2025
Bitcoin won’t face another bear market for years. pic.twitter.com/EMtsRzMvxA
How High Can the Asset Surge in September?
As per CoinCodex BTC data, Bitcoin is looking forward to exploring a new high of $119K by September 2025.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 6.87% and reach $119,946 by September 24, 2025. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 47 (neutral). Bitcoin recorded 14/30 (47%) green days with 1.90% price volatility over the last 30 days.”
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