🤯😱 How much can the price of bitcoin rise before Trump's inauguration?
🔮 "It is possible that BTC will reach USD 100,000 when Trump heads to the Capitol for the inauguration on January 20," said the head of research at Copper.co. The price of bitcoin is on track to USD 100,000 following Trump's victory.
The price of bitcoin is likely to surpass the USD 100,000 mark following the electoral victory, according to Ryan Lee, chief analyst at Bitget Research.
Lee said that a high open interest (OI) in the futures markets along with the growing dominance of the stablecoin market suggests that traders are positioning themselves for high volatility in the price of bitcoin.
🚨 The price of BTC could reach USD 200,000 under Trump's presidency 🚨
In a post on November 7 on X, technical analyst Gert van Lagen said that the price of BTC rose beyond the key reaccumulation phase of the "Descending Broadening Wedge," indicating a potential parabolic move towards the USD 200,000 zone. "BTC has risen beyond the key reaccumulation phase 'Descending Broadening Wedge'. It is ready to reach the USD 200,000 zone parabolically."
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