Odaily Planet Daily News Bitfinex analysts expect Bitcoin to rise to $105,000 in January. Bitfinex analysts stated, "We expect Bitcoin to maintain a range-bound market trend as investors seek to deploy capital across a variety of asset classes. We predict that by the end of January, Bitcoin will fluctuate between $95,000 and $110,000." On January 20, the inauguration of U.S. President-elect Donald Trump may become an important catalyst for cryptocurrency prices. Expectations for the new U.S. government include more favorable cryptocurrency regulatory policies and improved U.S. economic policies. However, according to Bitfinex analysts, Trump's inauguration may not immediately trigger a price surge in cryptocurrencies. "We expect the new U.S. government to bring more clarity to cryptocurrency policy, but we do not believe that the inauguration itself will be a significant price-raising event, but rather lay the groundwork for a less obstructive path for cryptocurrencies in the U.S." (Cointelegraph)

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