• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitfinex Predicts Bitcoin Will Range Between $95,000 and $110,000 by January End

user avatar

by Giorgi Kostiuk

a year ago

Bitfinex analysts have provided a forecast for Bitcoin's price in January, expecting it to fluctuate within the range of $95,000 and $110,000.

Bitfinex January Predictions

According to a recent report, Bitfinex analysts anticipate that Bitcoin will remain rangebound between $95,000 and $110,000 by the end of January, as investors allocate capital across different asset classes.

We expect Bitcoin to continue a range-bound market trend as investors look to allocate capital across different asset classes.Bitfinex Analysts

Impact of Trump's Inauguration

The inauguration of US President-elect Donald Trump on January 20 is considered a potential catalyst for cryptocurrency prices, with expectations of more favorable cryptocurrency regulations and improved economic policies from the new administration.

We expect the new US administration to provide greater clarity on crypto policy, but we do not see the inauguration itself as a significant price event.Bitfinex Analysts

Future of Cryptocurrencies in the US

According to Bitfinex analysts, Trump's inauguration might not trigger a sudden price rally for Bitcoin, but it could pave the way for reduced obstacles for cryptocurrencies in the US in the future.

Bitfinex forecasts a moderate outlook for Bitcoin's price, highlighting the potential for reduced barriers in the US crypto market after Trump's inauguration.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana Sees Significant Increase in Total Value Locked, Indicating Strong Market Interest

chest

Solana's Total Value Locked (TVL) has seen a notable increase, indicating robust capital inflows and strong interest in decentralized finance (DeFi) on the platform.

user avatarGustavo Mendoza

Community Forecasts SOL Price to Range Between $150 and $200 by 2025

chest

User forecasts suggest that the price of SOL could range between $150 and $200 by 2025, reflecting strong interest from the Solana community.

user avatarMaria Fernandez

Jupiter Exchange Admits to Inaccurate Zero Contagion Risk Claims

chest

Jupiter Exchange's COO Kash Dhanda admits that previous claims of zero contagion risk were inaccurate, highlighting issues with asset recollateralization.

user avatarMiguel Rodriguez

xLight's Innovative Approach to Semiconductor Lithography

chest

xLight is pioneering a revolutionary approach to semiconductor lithography by developing free electron lasers powered by particle accelerators, aiming to achieve shorter wavelengths and higher power, challenging ASML's market dominance.

user avatarArif Mukhtar

Government's Role in xLight's Semiconductor Innovation

chest

The US government is partnering with xLight to enhance semiconductor innovation by providing funding and becoming a major shareholder.

user avatarLuis Flores

Pat Gelsinger Leads xLight in $150M Government Deal

chest

xLight, led by former Intel CEO Pat Gelsinger, has secured a preliminary deal with the US Commerce Department for up to $150 million to innovate semiconductor lithography.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.