Bitcoin hits new all-time high above $109K ahead of Trump’s inauguration
Bitcoin briefly surged above $109,000 on Jan. 20, breaking its previous high above $108,000 recorded in mid-December 2024.
Auto Added by WPeMatico
Bitcoin briefly surged above $109,000 on Jan. 20, breaking its previous high above $108,000 recorded in mid-December 2024.
Traders bought up Bitcoin’s dips to $90,000, a sign that investors are confident in BTC prices above $100,000.
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.
Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally?
