🚀 Is Bitcoin about to break out? Despite the market lacking liquidity due to the holidays, analysts remain optimistic about the upcoming recovery!
- BTC is currently down more than 10% from the peak of $108,300 on December 17. BTC is expected to reach $105,000 in January, according to Bitfinex.
- The market may fluctuate between $95,000 and $110,000 as investors allocate capital.
- The inauguration of the new U.S. President could be a catalyst for crypto prices, but not an immediate price-triggering event.
- Predictions suggest BTC could reach $200,000 by 2025 due to the growth of Bitcoin ETF funds in the U.S.
📊 For a strong recovery, BTC needs more trading volume. The current volume stands at only $66.7 million/day, significantly lower than $743 million at the beginning of December.
What do you think about the future of Bitcoin? Comment now! 💬