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

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

EU Seeks Nominations for New Tokenisation Standards Group

European authorities are inviting nominations for a new Tokenisation Standards Group to enhance coordination in the financial system.

user avatarFilippo Romano

Walt Introduces Standalone Android App for Cryptocurrency Trading

Walt has launched a standalone Android app for cryptocurrency trading, allowing users to sign up without a Telegram account.

user avatarEmily Carter

Charles Schwab Expands Crypto Trading Menu with New Altcoins

Charles Schwab has expanded its crypto trading menu to include Solana, Avalanche, and Chainlink, allowing eligible clients to trade a wider range of cryptocurrencies.

user avatarTomas Novak

24X and Standard Chartered Enhance Partnership for Institutional Crypto Trading

24X Bermuda expands its partnership with Standard Chartered to facilitate institutional trading of Bitcoin and Ether, enhancing access to cryptocurrency and foreign exchange.

user avatarKaterina Papadopoulou

Strategy's Dual Approach: Bitcoin Acquisition and Preferred Share Repurchase

On November 9, Strategy announced the acquisition of 1,036 additional Bitcoin alongside the repurchase of approximately 188 million STRC preferred shares.

user avatarMaya Lundqvist

Bitcoin Slips Toward $74,000 After Fed Governor Signals December Rate Hike

Bitcoin's value has dropped significantly, approaching the $74,000 level, as Federal Reserve Governor Christopher Waller voiced clear support for raising interest rates at the upcoming December FOMC meeting.

user avatarLeo van der Veen

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.