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Bitcoin needs trading volume boost to rally above $105K in January

Despite the subdued momentum, Bitcoin could climb as high as $105,000 in January, according to analysts at Bitfinex.

“We expect Bitcoin to see range-bound markets as investors look to deploy capital across a range of different asset classes. We see Bitcoin ranging between $95,000 and $110,000 by the end of January,” Bitfinex analysts told Cointelegraph.

United States President-elect Donald Trump’s inauguration on Jan. 20 could be a significant catalyst for cryptocurrency prices. Expectations for the incoming administration include more crypto-friendly regulations and improved economic policies in the US.

Read More:

Bitcoin needs trading volume boost to rally above $105K in January

Despite the subdued momentum, Bitcoin could climb as high as $105,000 in January, according to analysts at Bitfinex.

“We expect Bitcoin to see range-bound markets as investors look to deploy capital across a range of different asset classes. We see Bitcoin ranging between $95,000 and $110,000 by the end of January,” Bitfinex analysts told Cointelegraph.

United States President-elect Donald Trump’s inauguration on Jan. 20 could be a significant catalyst for cryptocurrency prices. Expectations for the incoming administration include more crypto-friendly regulations and improved economic policies in the US.

Read More: https://cointelegraph.com/news/bitcoin-recovery-rally-prediction-january-2025