👀👀How High Will Bitcoin Rise in January? Will the Rally Ignite When Trump Takes Office? 👀👀

Bitfinex analysts predict that Bitcoin will move within a certain price range in January and could climb to $105,000. According to analysts, the price of Bitcoin will fluctuate between $95,000 and $110,000 by the end of the month.

In their latest market report, Bitfinex analysts made the following statements: “Since investors tend to allocate their capital across different asset classes, we expect Bitcoin to trade within a certain price range. We expect Bitcoin to fluctuate between $95,000 and $110,000 by the end of January.”

The inauguration of the new US President Donald Trump on January 20 is considered a potential turning point for the cryptocurrency market. More favorable regulations for cryptocurrencies and economic recovery policies in the United States are expected from the new administration.

However, Bitfinex analysts have cautiously warned that Trump’s inauguration may not lead to a sudden price increase in Bitcoin: “We expect the new US administration to make further statements on cryptocurrency policy, but we do not see the inauguration itself as a major price move. Rather, it may pave the way for cryptocurrencies to face fewer obstacles in the future in the United States.”

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