How high can Bitcoin price go before Trump’s inauguration?
Several Bitcoin price analysts see BTC trading between $100,000 and $200,000 just before and after Trump’s inauguration.
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Several Bitcoin price analysts see BTC trading between $100,000 and $200,000 just before and after Trump’s inauguration.
The two whales have acquired $142 million worth of Bitcoin since Trump’s victory in the US election was confirmed, showing growing investor demand for Bitcoin.
Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.
Investor appetite for risk-on assets like Bitcoin is growing, with Donald Trump projected to win the US presidential election.
The iShares Bitcoin Trust (IBIT) saw a rare day of outflows before Bitcoin went on to hit a new all-time high.
The ETN will trade on Euronext Amsterdam and Euronext Paris and will be available in 15 countries.
The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025.
Other key indicators suggest that Bitcoin’s long-term floor price is above $40,000.
Over $9.4 billion worth of Bitcoin was owed to approximately 127,000 Mt. Gox creditors for over 10 years.
Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800.
