Trump WEF speech boosts Bitcoin’s macro support

BitcoinBTC() demanded a $90,000.00 reclaim during Wednesday’s Wall Street opening as US President Donald Trump promised to sign crypto legislation.

Important points

• Trump’s World Economic Forum address brings modest price increases to Bitcoin

• The US is re-introducing crypto legislation, while Japanese bond issues dampen market excitement.

• Bitcoin may set new lows in 2026 “good” Analysis shows that the analysis predicts that in the long run, there will be a decline.

Trump promises crypto legislation “very soon”

Data from TradingView Trump’s appearance at Davos World Economic Forum, Switzerland showed daily BTC gains of up to 1.7%.

“To unleash innovation and savings and financing I’m also working to ensure America remains the crypto capital of the world, and to that end I signed the landmark Genius Act into law,” Trump remarked. 

“Now, Congress is working very hard on crypto market structure legislation — Bitcoin, all of them — which I hope to sign very soon, unlocking new pathways for Americans to reach financial freedom.”

Donald J. Trump’s Special Address@realDonaldTrump“), the President of United States of America@POTUS @whitehouseWith a. @borgebrende Laurence D. Fink@BlackRock) #WEF26 https://t.co/k0rVz5zK8J

— World Economic Forum (@wef) January 21, 2026

Trump also said that he would not use force to take over Greenland, a topic that stock markets welcomed, with the S&P 500 up 0.5% at the time of writing.

“That stock market is going to be doubled,” He added about Dow Jones Industrial Average.

“We’re going to hit 50,000 and that stock market’s going to double, in a relatively short period of time.” 

Trump spoke as the markets were waiting to learn the extent of EU trade reprisals over Greenland. Around the globe, Japanese bond market, which is a subject that crypto markets have traditionally been sensitive to, was once again in the news.

“After decades of near-zero rates, 10-year Japanese bond yields have risen to around 2.29%, levels not seen since 1999,” The latest issue of QCP Capital’s trading journal focuses on this topic. Asia Color Market Update

“This shift is exposing deep fiscal vulnerabilities: government debt now exceeds ~240% of GDP, total debt stands near ¥1,342tn, and debt servicing is projected to absorb roughly a quarter of fiscal spending in 2026,” QPC Capital written, adding:  

“As yields rise, the sustainability of Japan’s public finances is being openly questioned, and the spillover to global bonds underscores Japan as a key volatility catalyst.”

Trading Resource The Kobeissi Letter warns that Japanese Government Bond Demand was “crashing.”

“Japan’s bond market crisis is deepening,” It is a good idea to get a hold of someone else. wrote Post a X on the date.

2026 open still Bitcoin price magnet

Earlier, Cointelegraph reported BTC/USD was close to 2026’s starting price after the round-trip BTC prices in January. 

Related: Bitcoin sharks scoop up BTC like it’s 2013 despite ‘perfect bull trap’

So doing, the closed down a “gap” CME Group has a Bitcoin futures contract that leaves only gaps and the potential for a long-term rebound.

“$BTC has a solid buying wall. This shows that the support line is strong,” CW trader reported. 

Daan Crypto Trades recommended monitoring the local lowests. Daan Crypto Trades argued it could be even beneficial for BTC/USD. “wick below” Opening mark for the 2026 season.

$BTC This flush lower almost re-tested the annual open.

It’s still a very important area. I think it’s a good idea to put a little wick under the annual open, so it can be removed.

We can now see the whole picture. https://t.co/YdmvnbZpio pic.twitter.com/tIFG3nWVdQ

— Daan Crypto Trades (@DaanCrypto) January 21, 2026