Bitcoin's price surged to approximately $105,200 early Wednesday, experiencing a sharp rebound fueled by growing optimism that the U.S. government shutdown, the longest in the nation's history, could soon conclude. This rally precedes a crucial House vote scheduled for 7 p.m. ET, where lawmakers are widely expected to approve a Senate-passed bill aimed at reopening federal agencies through January 30, 2026.

House Majority Leader Steve Scalise confirmed that the chamber would move swiftly on the measure. The bill had already cleared the Senate late Monday with significant bipartisan support, seeing eight Democrats join Republicans in its passage, thus sending it to the House for final approval. President Donald Trump has publicly signaled his strong support for the deal, stating he would sign it 'immediately' once passed, and declaring the deal 'very good' to reporters on Monday.

Should the bill be enacted, it would restore crucial funding for various key agencies, including the Department of Agriculture and Veterans Affairs. Critically, it would also trigger the return of approximately 670,000 furloughed federal workers, providing much-needed relief and stability to their livelihoods and the broader economy.

The mere prospect of the government reopening has significantly boosted investor sentiment across a spectrum of risk assets. Bitcoin, which had momentarily slumped to the $102,000 range on Tuesday, found robust buying support as traders rotated back into digital assets, viewing the resolution as a positive market catalyst.

From a technical analysis perspective, the $99,000 level continues to serve as a critical support for Bitcoin's price, underpinned by its 55-week exponential moving average. Resistance is anticipated near the $109,000 to $111,000 range, where market analysts predict heavier selling pressure. However, a clean breakout above $116,000 could potentially open the door for a test of the $129,000 level, according to analysts.

Beyond immediate reopening, the Senate bill's passage also offers vital short-term fiscal relief. It ensures the funding of essential food assistance programs like SNAP through September 2026 and guarantees back pay for essential workers. Transportation Secretary Sean Duffy also reassured that air traffic controllers would receive 70% of their wages within two days of reopening, a measure expected to help ease nationwide flight disruptions. While the immediate market boost is clearly driven by policy relief, Bitcoin price’s long-term trajectory remains intrinsically tied to its inherent supply dynamics.

In other significant news impacting economic sentiment, President Trump recently announced a desire to send Americans $2,000 'tariff dividend' checks. This policy, unveiled over the weekend on Truth Social, proposes paying most Americans a cash rebate. The program would be funded by record tariff revenues, which the President claimed would return 'trillions of dollars' collected from trade tariffs, eventually contributing to paying down the nation’s $37 trillion debt.

Markets, however, are interpreting this proposal through a different lens, viewing it primarily as a fresh liquidity injection. Many see it as a