Analysts: Bitcoin is expected to remain range-bound and could climb to $105,000 in January
2025-01-04 12:16:26
Bitfinex analysts predict that Bitcoin may climb to $105,000 in January. According to Bitfinex analysts, we expect Bitcoin to maintain a range-bound market movement as investors seek to deploy capital across a range of different asset classes. We predict that Bitcoin will fluctuate between $95,000 and $110,000 by the end of January. On January 20, the inauguration of US President-elect Donald Trump could serve as an important catalyst for cryptocurrency prices. Expectations for the new US administration include more friendly cryptocurrency regulatory policies as well as improved US economic policies. However, according to Bitfinex analysts, Trump's inauguration may not immediately trigger a cryptocurrency price increase.
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