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⚓Bitcoin Analysts Expect Recovery to $$ 105K, But ETF Inflows Stagnate

Bitcoin struggles below $$ 100K amid holiday liquidity crunch, but analysts predict a rally above $$ 105K after Christmas, citing macroeconomic trends.

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Bitcoin analysts are eyeing an imminent Bitcoin recovery above the $$ 100K mark despite a lack of institutional buying power due to the holidays.

Bitcoin price BTCR$661.686 has been trading below the psychological $$ 100.000 mark since Dec. 19 and is currently down 9.7% from its all-time high of over $$ 108.300 set on Dec. 17, data from Cointelegraph Markets Pro shows.

Still, Bitcoin price could see a correction and break above $$ 105.000 once liquidity returns after the Christmas holidays, according to Ryan Lee, chief analyst at Bitget Research.

Bitcoin’s current downtrend is an organic symptom of the lack of liquidity during the holidays, the analyst told Cointelegraph:

“After Christmas, market activity usually picks up again, with funds actively positioning themselves in sectors that could benefit from Trump’s upcoming inauguration... The expected trading range for BTC this week is $$ 94.000 to $$ 105.000.”