Bitcoin's ready to party like it's $120K! đ After a 10% dip from its $108,300 high, analysts predict BTC could soar past $120,000 in January. The secret sauce? A hefty $45 billion in stablecoins on Binance, waiting to pounce.
With Trumpâs inauguration and a potential "January effect" boosting optimism, Bitcoin might hit a local top before a correction. Keep an eye on ETF inflows and FTX repayments for clues.
Remember, Bitcoin's still got hurdles at $95K and $96.4K, but if it breaks through, short sellers might face a $1.24 billion liquidation surprise!
