By the end of January, Bitcoin will trade in the range of $95,000-110,000, analysts at Bitfinex believe.

The inauguration of the elected U.S. president Donald Trump on January 20 will be a significant catalyst for the growth of the cryptocurrency market. However, experts warned that the effect of the event could be long-term. CryptoQuant analyst Axel Adler stated that for Bitcoin to recover to a six-figure value, a larger trading volume is necessary. He expects the indicator to recover after the holiday season.