Market sentiment$BTC Bitcoin is at its peak as traders anticipate a pro-crypto shift once Donald Trump takes office on January 20. Investors are betting on a historic rally that could send prices to $120,000 and beyond.
With Bitcoin trading around $101,810, exchanges like Deribit have seen a surge in interest in the $120,000 BTC call option, which is now worth $1.52 billion. Greg Magadini, director of Amberdata, suggested that the bullish momentum could be driven by political statements and favorable sentiment around Trump’s stance on cryptocurrencies.$DF $HIVE #BTC100KTrumpEffect #BullCyclePrediction #BinanceAlphaAlert #TrumpBTCBoomOrBust