• 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

OPay Expands Its Presence with New Office in Ibadan

chest

OPay has officially launched a new office in Ibadan to enhance service delivery for merchants, SMEs, corporate clients, and millions of users in Oyo State.

user avatarArif Mukhtar

Advanced Strategies for Hedging Non-Market Risks

chest

The article discusses advanced strategies for hedging against non-market risks, including currency and interest rate risks.

user avatarMaria Gutierrez

Core Strategies for Protecting Equity Investments

chest

The article outlines several core equity protection strategies, including Protective Puts and Protective Collars, aimed at managing equity risk.

user avatarDavid Robinson

Understanding the Greeks: Key to Successful Derivatives Trading

chest

The Greeks are essential metrics for quantifying risk in derivatives trading, helping managers make informed decisions.

user avatarAndrew Smith

Seven Essential Derivatives Strategies for Risk Management

chest

The article introduces seven essential derivatives strategies designed for sophisticated investors to effectively manage risk in today's financial landscape.

user avatarJacob Williams

Bitcoin Price Plummets Following China's Regulatory Actions

chest

Bitcoin's price dropped by 4.83% in 24 hours and 21.21% over 30 days due to China's regulatory actions.

user avatarZainab Kamara

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.