• 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

BOSAGORA Security Breach Results in Theft of 990 Million BOA Tokens

chest

The BOSAGORA Foundation has reported a devastating security breach, resulting in the theft of nearly one billion BOA tokens.

user avatarTenzin Dorje

Mono Protocol Achieves Milestones in Presale Engagement

chest

Mono Protocol has successfully engaged over 12,000 wallets in its latest presale, raising significant capital.

user avatarMohamed Farouk

Stablecoins Transfer $225 Billion Daily, Mostly via Bots

chest

Stablecoins are transferring an average of $225 billion daily, with a significant portion linked to automated trading.

user avatarBayarjavkhlan Ganbaatar

Community Urges Caution Following Solana Phishing Attack

chest

The community and industry figures are calling for increased vigilance regarding Solana's account ownership nuances following a phishing attack.

user avatarKenji Takahashi

Phishing Attack on Solana Results in $3 Million Loss

chest

A phishing attack exploited Solana's account ownership model, leading to significant financial losses.

user avatarElias Mukuru

BlackRock Transfers $135 Million in Ethereum to Coinbase Prime

chest

BlackRock has transferred 44,000 Ethereum, valued at approximately $135 million, to Coinbase Prime, indicating its commitment to the Ethereum ETF.

user avatarDiego Alvarez

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.