Bitcoin Price Prediction – Executive Order On 401(k) Could Push BTC to $130K

Highlights:

• Bitcoin is gaining upside momentum and coming close to its all-time highs
• Rally triggered by executive order on 401(k) accounts to hold cryptocurrencies
• FOMO around this news could send Bitcoin to $130k soon

Bitcoin (BTC) is in the green and has strong momentum. In the last 24 hours, Bitcoin has gained by 2.50% to trade at $121,409.08, just shy of its all-time highs. This rising bullish momentum for Bitcoin is also reflected in its trading volumes. In the last 24 hours, Bitcoin trading volumes have increased by 26.17% to $77.35 billion. 

This indicates that FOMO is building up and that Bitcoin could be headed higher in the short to medium term. The rising bullish momentum in Bitcoin is a confluence of bullish factors, which could push Bitcoin to prices as high as $200k within the year. 

Trump’s Executive Order on 401(k): A Bullish Signal for Bitcoin

One of these factors is an executive order by Donald Trump that could inject fresh capital into Bitcoin. President Trump has signed an executive order that allows 401(k) retirement accounts to hold cryptocurrencies. This is a move that analysts believe could help inject trillions of dollars into the cryptocurrency market. For Bitcoin, in particular, this move could send it to new highs. Investors looking to diversify their retirement money into cryptocurrencies would likely move it into Bitcoin. That’s because Bitcoin offers a combination of growth and security that most altcoins cannot.

🚨 $9 TRILLION crypto bombshell just dropped. Jonathan Rose reveals how Trump’s executive order could put Bitcoin in your 401(k)—and why waiting could cost you.

Watch this episode with Jonathan Rose at 11am ET on the His Glory app or our website: https://t.co/lZGoeSie0h

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— HIS GLORY (@HISGLORYME) August 8, 2025

Possible Entry of 401(K) Money Adds Pressure to BTC’s Supply

With the perception that money is coming into Bitcoin from retirement accounts, investors are likely to continue flocking to Bitcoin to take advantage of a potential rally. The result is that Bitcoin could soon experience retail and institutional FOMO. The result is that Bitcoin could be headed to new highs as retail and institutional money continue to chase an increasingly dwindling supply. Such dynamics are likely to push Bitcoin to its all-time highs in the short term, with some analysts pointing to a potential breach of $200k, and opening the way for $1 million Bitcoin at some point in the future.

This is the biggest #crypto news since Bitcoin ETFs and everyone’s sleeping on it

Trump just signed the executive order allowing crypto in 401ks and people have no clue what this actually means 💀

Let me spell it out for you…

Every two weeks, 100 million Americans… pic.twitter.com/iGJMhkVBy1

— Budhil Vyas (@BudhilVyas) August 8, 2025

Broader Financial Markets In Risk-On Mode – Good for Bitcoin

Bitcoin is also set to get a boost because the broader financial markets are in risk-on mode. While there are a lot of uncertainties in the global environment, markets are increasingly showing resilience. Stock indices like the Nasdaq and the S&P 500 are trading at record highs. This means investors are confident in risk assets, and Bitcoin outshines all other risk-on asset classes on this front. In its short history, Bitcoin has gone from $0 to $100k, which none of the traditional risk-on investments have done. At the same time, Bitcoin has the benefit of scarcity.

S&P 500 rises, Nasdaq closes at record Fridayhttps://t.co/B2hmHxza9n

— Karoline Leavitt (@PressSec) August 8, 2025

There are only 21 million Bitcoins that can ever exist. This means the more demand rises, the scarcer Bitcoin gets. With institutional money now coming in, this aspect of Bitcoin could push Bitcoin to price levels that were previously looked at as impossible. Still on the macro environment, Bitcoin stands to benefit from expectations that interest rates could soon come down. This, combined with Trump’s executive order, could quickly send Bitcoin rocketing to new highs.

Technical Analysis – Bitcoin Pumps But Bulls Struggling to Maintain Momentum

Bitcoin has in the last 24 hours pumped from around $118k to a high of $122,296. However, bulls are losing momentum at this price level and are currently in a small intraday correction. 

If bears remain in control, Bitcoin could drop to around $118,345 in the day. On the other hand, if Bitcoin bulls retake control and push Bitcoin through the day high of $122,296, then a rally to prices as high as $130k could follow.