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#BTCBreaksATH Bitcoin Hits All-Time High Ahead of Trump's Inauguration! As President-elect Donald Trump's inauguration approaches, Bitcoin $BTC has surged to a new all-time high, surpassing $109,000. This unprecedented rise reflects growing optimism about the incoming administration's pro-crypto stance. In early trading, Bitcoin's price rallied 10% within approximately eight hours, breaking previous records. This rapid increase is unparalleled in Bitcoin's history and may signal the onset of a new bullish phase. Trump’s commitment to prioritizing cryptocurrency is expected to transform the regulatory landscape, fostering growth and innovation in the crypto industry. Significant institutional investments have contributed to this surge. U.S. Spot Bitcoin ETFs reported substantial inflows, with $975.60 million added on Friday, following $755.10 million on Wednesday and $626.10 million on Thursday. Additionally, companies like MicroStrategy are anticipated to announce further Bitcoin acquisitions, bolstering market confidence. Technical indicators also point to continued momentum. The weekly and bi-weekly Stochastic Relative Strength Index (RSI) show upward trends, suggesting potential for further price increases. Analysts believe Bitcoin’s position as a premier store of value is strengthening, with expectations of continued growth in the coming months. What are your thoughts on Bitcoin’s recent performance? Do you anticipate this upward trend will persist under the new administration? Source: Crypto Daily

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