Title: Bitcoin targets $120K in January Post by: Oshosondy on December 31, 2024, 01:20:06 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January.
This is the news: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price Title: Re: Bitcoin targets $120K in January Post by: Apocollapse on December 31, 2024, 02:02:40 PM I think it's possible because when Trump won the election, the price increased from $70K to $90K, so it's also possible to see $100K+$20K = $120K, when Trump is officially become the US president and fire Gary Gensler from SEC's chair.
Most people thinks Trump is completely support Bitcoin, hence if there's a good news about Trump, people always try to correlate it with Bitcoin. Title: Re: Bitcoin targets $120K in January Post by: Davidvictorson on December 31, 2024, 02:33:04 PM Yes, $120000 in January is possible and that is where my eyes and others are set on. One person who missed collecting profit when bitcoin reached its ATH, has told me that he hopes to collect profit after January 20th because of the belief of a price increase and a new ATH.
Most people thinks Trump is completely support Bitcoin, hence if there's a good news about Trump, people always try to correlate it with Bitcoin. That's right. His body language has already shown us his support for bitcoin and he has spoken openly in support of it. So there is definitely a correlation and not just any correlation but a positive one. Title: Re: Bitcoin targets $120K in January Post by: Free Market Capitalist on December 31, 2024, 03:02:10 PM What is your take on this? As usual we can't know for sure but seeing that many people doubt that Trump will create a strategic reserve, and even that at Polymarket at least until recently gave it only a 35% chance, Trump signing an executive order in the first few days to start buying could push the price up to that level or higher. Title: Re: Bitcoin targets $120K in January Post by: Wiwo on December 31, 2024, 04:05:50 PM Technically when stable coins like USDT are sent to exchange in high volumes, what that indicates is that more capital is being injected into the market to buy various assets and if you see in the cryptocurrency today, bitcoin has the central of attention so if anyone is exchanged stable coin to hold assets a high percentage of that investment will go into bitcoin so for that you are very right, bitcoin is going to surpass most of our speculations in the coming year most especially now that government have it as a reserve investment it will trigger the confidence of a lot of individuals into buying and holding bitcoin.
Title: Re: Bitcoin targets $120K in January Post by: Lida93 on December 31, 2024, 04:17:13 PM I have had this believe before now that the inauguration of the incoming USA president Donald Trump by next year is going to be another spectacular event that is going to trigger the price of bitcoin price to sky high. So the bitcoin prediction price rallying around $120k isn't any level that is impossible possible to be actualised.
Addition to other factors that have been predicted to happen in 2025 such as more institutional investors finding their way into the market and BTC ETFs also anticipated to continue to surge, hence, there's so much to be optimistic about in 2025. See link for info https://www.bitget.com/news/detail/12560604449013 Title: Re: Bitcoin targets $120K in January Post by: Justbillywitt on December 31, 2024, 05:58:51 PM With the high anticipation and hype surrounding the forthcoming inauguration of Donald trump bitcoin can get to $120k and above. if bitcoin could get to the recent ATH of $108k just because Donald Trump won election, just imagine what it will do when Trump is sworn into office and make mention of bitcoin in his inaugural speech. There is a very big possibility of bitcoin hitting $120k this January. January is going to be very bullish from the second week. This correction we are might last till the end of first week of January. The stage is gradually heating up for bitcoin to start recording new ATH almost every day.
Title: Re: Bitcoin targets $120K in January Post by: pawel7777 on December 31, 2024, 06:22:58 PM Some bullish news, Tether moved over 8,400 bitcoins to their reserve, meaning less bitcoins are available for sale on the market:
https://cointelegraph.com/news/tether-moves-780-million-bitcoin-reserve-biggest-since-march It's important to note that those are not funds held on customers' behalf, but Tether's own reserve and a part of their policy/promise to transfer 15% of the net realised operating profits toward purchasing Bitcoin. It also shows how crazy profitable Tether is (assuming they're not cooking their books etc). This brings their total bitcoin holdings to 83,759, so almost $8 billion. Title: Re: Bitcoin targets $120K in January Post by: BABY SHOES on December 31, 2024, 06:34:12 PM Even I am waiting for that moment after Trump is inaugurated, it is likely that there will be a price surge in the market making bitcoin able to rise to $120K although this is not certain but confidence is still there.
As Donald Trump still supports bitcoin so after he becomes President he may soon make promises that were made during the campaign. About the strategic reserve of bitcoin is still difficult, but at least he still adopts bitcoin bigger there. Title: Re: Bitcoin targets $120K in January Post by: Questat on December 31, 2024, 06:39:16 PM I think it's possible because when Trump won the election, the price increased from $70K to $90K, so it's also possible to see $100K+$20K = $120K, when Trump is officially become the US president and fire Gary Gensler from SEC's chair. I have to agree with you here. Trump is no longer just a supporter, but a promoter of bitcoin indeed. So whatever his actions or decisions that connect into bitcoin, be it positive or negative, it will certainly leave an impact to bitcoin. However, the coming inauguration could be another breakthrough for bitcoin, so we'll expect again for bitcoin price to go into massive hopefully.Most people thinks Trump is completely support Bitcoin, hence if there's a good news about Trump, people always try to correlate it with Bitcoin. Title: Re: Bitcoin targets $120K in January Post by: bestcandy on January 01, 2025, 01:30:59 AM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. I'm very confidence that the appreciation of Bitcoin to $120000 is certain considering the interest of many investors, institution and government organizations to Bitcoin. And the propose suggestion of using Bitcoin as alternate fiscal reserve of some countries is a good news that will enhance the value of Bitcoin in the future if truly actualize.This is the news: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price If Donald Trump will also materialize his propose ambition to adopt Bitcoin into stable exchange in US will be another thing that will possible strengthen the price of Bitcoin to rise above $1200000 before the end of 2025 and seeing that US government have legalize bitcoin to be a national exchange will attract more investors to Bitcoin. Title: Re: Bitcoin targets $120K in January Post by: JeffBrad12 on January 01, 2025, 02:52:06 AM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news"
regardless even if BTC going down to $80k, doesn't mean we shifted to bearish sentiment, instead it could be that BTC is preparing for another chance of breaking the ATH. as of now, like as you said, many people speculated that there will be big correction and BTC going down to around the level of $80k, but truth is, everytime it dumped, so many buy order recovers BTC back to $95k, right now it's doing sideways, I will not be surprised if in this january the sentiment instead changed to bullish and we're done with the temporary retracement. people aren't cashing out for new year anymore. Title: Re: Bitcoin targets $120K in January Post by: Minor Miner on January 01, 2025, 04:16:36 AM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news" ... Theoretically, when we have a president who supports and promotes bitcoin, anyone can easily predict that the price of bitcoin will increase on the day he takes office. But the financial markets are more unpredictable than we think, when the majority of the crowd is bullish, the market going against the crowd is not a new thing. There are many factors that affect the market and manipulation is one of them, so I would not rule out the "sell the news" scenario on Trump's inauguration day. I believe there will be a correction before bitcoin recovers and hits a new ATH in Q1 of this year. Title: Re: Bitcoin targets $120K in January Post by: Pandorak on January 01, 2025, 07:42:46 AM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. It is possible, even very likely that the price will touch $120k to create a new ATH, but i am more interested in speculation that the price of Bitcoin will correct below $80,000, this is very interesting. Because in Price Action the crucial point of Bitcoin is at the price of $90k $87k $81k, if it manages to breakout it is likely that Bitcoin will chase in the $76k-$73k range.Title: Re: Bitcoin targets $120K in January Post by: lovesmayfamilis on January 01, 2025, 07:52:30 AM I want to believe that the growth of Bitcoin will continue, as we have already seen after the election of Trump. Now there will be many predictions from different analysts, forecasts of this or that rise in the price of Bitcoin, and the probability that the growth should be higher than the previous price seems obvious unless some "black swan" occurs in which Trump suddenly changes his interests.
Title: Re: Bitcoin targets $120K in January Post by: hugeblack on January 01, 2025, 08:30:22 AM There is excessive speculation about Trump but the real change has happened and the supposed rise has happened so I don't think 1/14 will cause a big difference in the price of Bitcoin. So I think we will be in the $80k to $110k levels and we may see $120k levels in March.
Title: Re: Bitcoin targets $120K in January Post by: Botnake on January 01, 2025, 08:47:00 AM There is excessive speculation about Trump but the real change has happened and the supposed rise has happened so I don't think 1/14 will cause a big difference in the price of Bitcoin. So I think we will be in the $80k to $110k levels and we may see $120k levels in March. I think people are more curious about the $45 billion in stablecoins being accumulated than the Trump news. If people are buying stablecoins, it’s a sign they’re preparing for something big. The closest hype we might see could be in January when Trump assumes office, so it makes sense to speculate that Bitcoin could rise. Hitting $120k seems very possible, especially since we’ve already reached $105k or more, IIRC.Title: Re: Bitcoin targets $120K in January Post by: Sebas.tian on January 01, 2025, 09:24:36 AM I don't know, why many people are still saying it's the victory of Trump that is making Bitcoin to reach $100,000 this year which I disagree with some people around me, because Bitcoin is a decentralized currency that is not control by the government of U.S which it will never be control by any government in the world. I know anything can happen to Bitcoin price in this new year, but I don't think this bullish season will continue in this month to reach $120,000 in January before the bearish season will begin to take place in the market. If any news is spreading about another bullish season of Bitcoin in this January, I don't think it will going to happen, because bearish season is about to happen to allow plenty of investors to start purchasing Bitcoin and hold for future.
Title: Re: Bitcoin targets $120K in January Post by: BadB0y00 on January 01, 2025, 10:27:27 AM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news"
I think 115k max in January 2025 Title: Re: Bitcoin targets $120K in January Post by: Doan9269 on January 01, 2025, 12:03:38 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. This is the news: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price I also have the feelings from my personal speculations that Bitcoin is going to make all time high of $120,000 to $150,000 before the end of the first quarter of the year 2025, let's expect more to come as the bitcoin ETF together with the US presidential election victory with Donald Trump and how the image of bitcoin has been represented globally and amidst the political elites, bitcoin is being under consideration for a reserve currency and once US government made this a success, Bitcoin dominance will remain and there will be more increase in adoption, many other countries can also consider bitcoin as legal tender after El-Salvador and Central Africa Republic, all these will make the bullrun on a more sustained level as part of it's post halving effect on market price. Title: Re: Bitcoin targets $120K in January Post by: Russlenat on January 01, 2025, 12:23:17 PM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news" I think 115k max in January 2025 If we're still influenced by the old trend, an inauguration wouldn't make a big difference in the market because it's already predicted to happen at that time. Are you familiar with the concept of "buy the rumor, sell the news"? Most likely, that approach is still in play, so there’s no hype during such events. Title: Re: Bitcoin targets $120K in January Post by: maydna on January 01, 2025, 12:37:50 PM I will still waits for the increasing of Bitcoin price in January because I feel that this year will gives surprise to us. We may see the moment where Bitcoin price will increase so high and that could be the real ATH that we are waiting for.
But before that happen, we may see many corrections happen to Bitcoin so we must be ready for anything that can happens. The coming Trump inauguration as the United States president could be a good moment for Bitcoin to starts rise. But the first thing that Bitcoin should do is back to $100k and stay to that price for a while. After that, Bitcoin will have more opportunities to increase higher and reach the next targets in January. Well, we can only wait and see for what will happen later. But we should use this time for our benefit so we can take profit when the time comes. Title: Re: Bitcoin targets $120K in January Post by: Zwei on January 01, 2025, 02:25:49 PM I think it's possible because when Trump won the election, the price increased from $70K to $90K, so it's also possible to see $100K+$20K = $120K, when Trump is officially become the US president and fire Gary Gensler from SEC's chair. i don't think that's going to happen just because trump will officially become president. a price jump already happened because of that when he won the election. to see another price jump, that will depend on who he picks for positions that can affect bitcoin and if those people are pro crypto or not. and if he really going to attempt to make bitcoin "made is USA". Most people thinks Trump is completely support Bitcoin that's not true imo. i think we can all agree that he will completely support whatever the crypto lobby wants. for now, that's bitcoin. Title: Re: Bitcoin targets $120K in January Post by: Odohu on January 01, 2025, 04:13:25 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. $120,000 is not a difficult number for Bitcoin to smash by the end of January but that will not happen before the inauguration of President Donald Trump. Before then, I expect some major retracement down to $85,000 to build the necessary liquidity that will propel the massive rise that is expected to follow the administration of the first pro-Bitcoin US president. This is my expectations and it must not go that way, so we can only speculate and let the market do what it wants to do. However, I will try to continue collecting Bitcoin aggressively from now down to the period of inauguration before reverting to my regular DCA method. This is the news: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price Title: Re: Bitcoin targets $120K in January Post by: Zaguru12 on January 01, 2025, 04:21:36 PM If we're still influenced by the old trend, an inauguration wouldn't make a big difference in the market because it's already predicted to happen at that time. Are you familiar with the concept of "buy the rumor, sell the news"? Most likely, that approach is still in play, so there’s no hype during such events. The trend can actually change but for me I think holding onto the trend is all that we have at the moment now. Yes the slogan to buy the rumor and sell the news will most definitely happen as that’s what actually happened during the election period in November. So a positive news will definitely turn to hype and many of these investors buy the hype, but for bitcoin to actually surge to $120k in a month I think we might need extra fundamentals like other countries like China making a bold move too towards bitcoin. $120,000 is not a difficult number for Bitcoin to smash by the end of January but that will not happen before the inauguration of President Donald Trump. Before then, I expect some major retracement down to $85,000 to build the necessary liquidity that will propel the massive rise that is expected to follow the administration of the first pro-Bitcoin US president. This is my expectations and it must not go that way, so we can only speculate and let the market do what it wants to do. However, I will try to continue collecting Bitcoin aggressively from now down to the period of inauguration before reverting to my regular DCA method. I wouldn’t say it will be a huge surprise to actually see a $85k retracement now but base on what happened in December which it’s retracement couldn’t get there I think the base support at $91k is every strong one at the moment and we will need a negative news create a fear that can break below that price, at the moment there isn’t sign of such as everyone is super bullish right now Title: Re: Bitcoin targets $120K in January Post by: Obim34 on January 01, 2025, 06:11:14 PM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news" I think 115k max in January 2025 If we're still influenced by the old trend, an inauguration wouldn't make a big difference in the market because it's already predicted to happen at that time. Are you familiar with the concept of "buy the rumor, sell the news"? Most likely, that approach is still in play, so there’s no hype during such events. The inauguration of Trump into office will brilliantly be a detailed factor to affect the price of Bitcoin positively, we will be getting some price pump if not few days after the inauguration but least the first week in the month of February. Title: Re: Bitcoin targets $120K in January Post by: YOSHIE on January 01, 2025, 06:30:51 PM This is also the speculation thread for January bitcoin price Yes, if we look outside, many people are optimistic about their respective speculations, where many of them speculate that the price of Bitcoin will reach $120k in 2025, but they didn't say that this price could happen in January, but they just predicted it would happen.However, if you look again, currently the price of Bitcoin is still at the level of $94k in the new year, January to be precise, it is not difficult to reach the price of $120k as predicted, whatever the reason, we hope that can happen. I believe that the bull market especially for Bitcoin is not over yet, my belief is that Bitcoin still has the possibility of reaching a price of $120k. Title: Re: Bitcoin targets $120K in January Post by: Jegileman on January 01, 2025, 07:59:17 PM It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price The news actually looks convincing since it involves the inauguration of Trump into office in this month. Earlier on during the presidential election that gave Trump the victory today, a lot of positive energy occurred in the market that lead it to record a new all time high which was also the genesis of the bull run to begin this cycle. I won’t be surprised to see an effect on the market as Trump prepares to take over the presidential seat of the United States. His campaign towards bitcoin and the post election campaign for bitcoin will unimaginably affect the price of bitcoin and it’s going to be on the positive side. We already achieved $108K as ATH, so getting to $120K won’t be a big surprise anymore from now. Title: Re: Bitcoin targets $120K in January Post by: Finestream on January 01, 2025, 08:36:21 PM Well honestly, majority here are bitcoin enthusiasts so everyone will definitely agree that bitcoin will surge high into $120k by January knowing we have the awaited Trump’s inauguration that will be happening soon. And besides there are currently no negative news or speculations that would target bitcoin, so most preferably, bitcoin will land into $120k early this year, if not by January, then let’s move to February.
Title: Re: Bitcoin targets $120K in January Post by: yudi09 on January 01, 2025, 08:37:22 PM Although it is not justified (perhaps) from many aspects, the effect of Trump's campaign has caused Bitcoin's price spike to reach $100K.
$120K price in January, it is not impossible to happen before and during Trump's inauguration if we refer to the price spike during Trump's campaign. Bitcoin's price after reaching $100K, the local exchange and Binance charts I see have not dropped below $90K, it is still very possible that in the next 29 days, that number could happen. For those who trade, you can order sell (not recommended). Title: Re: Bitcoin targets $120K in January Post by: Samlucky O on January 01, 2025, 09:25:44 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. i think $120k can be achievable by the end of january. if bitcoin could achieve the price of $70k - $108k by the Q4 of 2024 november/december precisely, surely $120 is achievable. but even if it doesn't hit as planned we will still have to continue investing and or accumulating. sometimes i don't even think about bitcoin price but i rather how it can be really accumulative.This is the news: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b Title: Re: Bitcoin targets $120K in January Post by: Baofeng on January 01, 2025, 09:57:57 PM I think it's possible because when Trump won the election, the price increased from $70K to $90K, so it's also possible to see $100K+$20K = $120K, when Trump is officially become the US president and fire Gary Gensler from SEC's chair. Most people thinks Trump is completely support Bitcoin, hence if there's a good news about Trump, people always try to correlate it with Bitcoin. When he won, we have a huge pump and getting into a new all time high of $108k. What's more if he officially sworn into office this January? I think the FOMO will be huge specially if he started to make true of his promises to make US a crypto friendly nation. We have seen his proposal of Bitcoin being used as a national reserved although by now we have seen the resistance of the Feds. Nevertheless, still bullish sign for us that once he is in the White House, and with other nations following his Bitcoin narrative, and even institutional money continue to flows in the billions, perhaps $120k is just around the corner before the end of this month. And perhaps seeing the price going into a correction, it could be a blessing in disguise as there are players that could still get in the market before it goes on another parabolic rise. Title: Re: Bitcoin targets $120K in January Post by: pawel7777 on January 01, 2025, 11:18:57 PM (...) sometimes i don't even think about bitcoin price but i rather how it can be really accumulative. One of the best ways of accumulating more is to sell at (or close to) the peak of the cycle and buy back more when we get into the bear market. You don't even have to time the market perfectly, you just have to be close enough. Be wary of the Capital Gains Tax in your jurisdiction, as it can mess things up a bit. The point is, it's always good to keep an eye on the market and the price, even if you don't consider yourself a trader. Accumulating forever while ignoring the cycles is only good for those who are really not confident in trading and analysing trends. Title: Re: Bitcoin targets $120K in January Post by: As-Soon-As on January 01, 2025, 11:37:40 PM The possibility of Bitcoin price going up this January is very high, because you notice that a few days ago Donald Trump signed an order to create a reserve fund to buy Bitcoin (but I am not sure when he will start buying Bitcoin) but if he starts buying Bitcoin then the price of Bitcoin will definitely point to an upward trend from the purchase price. However, if Donald Trump starts buying Bitcoin in January then I think it will definitely hit the highest high speed.
Title: Re: Bitcoin targets $120K in January Post by: Popkon6 on January 01, 2025, 11:48:43 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. This is the news: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price We don't know whether the price of Bitcoin will be higher or lower in the future. But we can assume that the price of Bitcoin is most likely to move higher this January, as there are positive aspects in some Bitcoins in January. As Donald Trump starts to increase his investment, the price of Bitcoin will certainly increase, and since the Bitcoin market dipped so much in early January to late December, many people have bought the dip and accumulated for long-term holdings. Because we are still in the middle of the bull run, we can say that the price of Bitcoin will still go positive. But I can guess that at least this January the price of Bitcoin will touch between 120k and 150k most likely. Title: Re: Bitcoin targets $120K in January Post by: danadc on January 02, 2025, 02:05:39 AM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. i think $120k can be achievable by the end of january. if bitcoin could achieve the price of $70k - $108k by the Q4 of 2024 november/december precisely, surely $120 is achievable. but even if it doesn't hit as planned we will still have to continue investing and or accumulating. sometimes i don't even think about bitcoin price but i rather how it can be really accumulative.This is the news: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b The key now is that, we are already at a date where we have to take advantage of increasing all the btc that can be bought, possibly by January 20 the btc market could go up, I think that if it will go up for the simple fact that Trump is going to take power, for me it Indicates that it will go up, because if it only went up when it was known that he won, the effect will be much greater when he takes power and more because he will start to take economic measures in favor of btc , by making the USA more friendly with btc that is already a very big gain. Title: Re: Bitcoin targets $120K in January Post by: NewRanger on January 02, 2025, 02:20:11 AM The key now is that, we are already at a date where we have to take advantage of increasing all the btc that can be bought, possibly by January 20 the btc market could go up, I think that if it will go up for the simple fact that Trump is going to take power, for me it Indicates that it will go up, because if it only went up when it was known that he won, the effect will be much greater when he takes power and more because he will start to take economic measures in favor of btc , by making the USA more friendly with btc that is already a very big gain. I think that's also a reasonable reason, because people are really looking forward to President Trump's steps after his inauguration in implementing aspects of economic policy and strengthening it. I think, if there is a policy that is seen as leading positively to digital assets such as BTC, I think the potential for growth and price increases in BTC will definitely move. The discourse on tax cuts is also considered crucial in my opinion. Well, in general it can be said that the new government also has a dominant influence in determining the direction and policies of the government and of course has a direct impact on future economic conditions. Title: Re: Bitcoin targets $120K in January Post by: JeffBrad12 on January 02, 2025, 02:33:11 AM Theoretically, when we have a president who supports and promotes bitcoin, anyone can easily predict that the price of bitcoin will increase on the day he takes office. But the financial markets are more unpredictable than we think, when the majority of the crowd is bullish, the market going against the crowd is not a new thing. There are many factors that affect the market and manipulation is one of them, so I would not rule out the "sell the news" scenario on Trump's inauguration day. I believe there will be a correction before bitcoin recovers and hits a new ATH in Q1 of this year. yeah, it kinda gives me that vibe of BTC halving, the price keep going up before the event and when the event takes place, people are dumping, so many people have become smart enough to buy before the event take place and it's just become another "sell the news" i won't be too optimistic with these events but instead I'd see BTC from higher timeframe and longer period, seeing something like the possibility of strategic bitcoin reserve, which realistically could add massive demand to BTC.Title: Re: Bitcoin targets $120K in January Post by: LogitechMouse on January 02, 2025, 02:50:36 AM It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price https://talkimg.com/images/2025/01/02/OuRk9.pngThat candlestick that I just shared is the candlestick of Bitcoin during the month of December, and that's a shooting star candlestick. Usually, that candle is a bearish candlestick, but it doesn't make sense TBH because many people are optimistic towards Bitcoin and it going up as well. I guess it's safe to say that we need to see how Bitcoin moves this month, and if it ends up in a red candle AGAIN, then brace for impact because that might continue throughout the following months. Candlesticks still aren't certain though so we might see a reversal this month especially when Trump gets inaugurated. Title: Re: Bitcoin targets $120K in January Post by: Tonimez on January 02, 2025, 08:49:01 AM This January hype has been a speculation though. But with what happened in November, there are near certainties that this January won't be different.
With the inauguration of The US president, many investors are expected to troop in which will boost the market value. While we hope to see bitcoin rise above 120k, I'm optimistic that it will set a new record this month of January. Title: Re: Bitcoin targets $120K in January Post by: Tonimez on January 02, 2025, 08:55:02 AM It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price https://talkimg.com/images/2025/01/02/OuRk9.pngThat candlestick that I just shared is the candlestick of Bitcoin during the month of December, and that's a shooting star candlestick. Usually, that candle is a bearish candlestick, but it doesn't make sense TBH because many people are optimistic towards Bitcoin and it going up as well. I guess it's safe to say that we need to see how Bitcoin moves this month, and if it ends up in a red candle AGAIN, then brace for impact because that might continue throughout the following months. Candlesticks still aren't certain though so we might see a reversal this month especially when Trump gets inaugurated. If you watch the bitcoin market closely since 2 days ago, you will discover that it has been on the rise after hitting 92k. It is already closing in on 96k this day. This is expected to continue until inauguration of Donald Trump. After the inauguration, a limp is expected within the shortest period which can drive the bitcoin value to an unexpected price. These are speculations and should also be followed cautiously. Title: Re: Bitcoin targets $120K in January Post by: Ever-young on January 02, 2025, 09:04:37 AM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news" The effect could be either negative or positive; we never can tell what the outcome will be based on the speech and action he will take that very day, but let's not expect everything to be positive or any fast result, as he can't just start acting the same day he is being inaugurated. I think 115k max in January 2025 But if he is to sign in bitcoin as part of a strategic reserve, as most people have speculated, that news will call for celebration, which will eventually move the life to some height. Maybe it will call to an end of this below $100k rotation that it's experiencing in the past week, and we can finally see an evergreen when $110k and above can be achieved. Then from the coming months, if other governments also make a move on their interest, we will likely experience another big wave too. Title: Re: Bitcoin targets $120K in January Post by: hero_the_bossman on January 02, 2025, 11:08:53 AM This thread is coming at the right time and it is also a reminder to everyone that still has interest in accumulating bitcoin now. It's not late as there's still time. If you watch the bitcoin market closely since 2 days ago, you will discover that it has been on the rise after hitting 92k. It is already closing in on 96k this day. This is expected to continue until inauguration of Donald Trump. After the inauguration, a limp is expected within the shortest period which can drive the bitcoin value to an unexpected price. These are speculations and should also be followed cautiously. More time is needed moving forward into 2025 to see Bitcoin break a new ATH, or do it multiple times. The events would fall in like the dominos, one after another, and thus, the sentiment would be kept alive - even with dips and other stuff. Title: Re: Bitcoin targets $120K in January Post by: armanda90 on January 02, 2025, 12:29:56 PM I think that's also a reasonable reason, because people are really looking forward to President Trump's steps after his inauguration in implementing aspects of economic policy and strengthening it. I think, if there is a policy that is seen as leading positively to digital assets such as BTC, I think the potential for growth and price increases in BTC will definitely move. Many people are waiting for Donald Trump forward about bitcoin will be adopt or not based on his promising before at US election campaign, just few weeks left before appointing as US president and waiting his contribution bring good impact or not for bitcoin before predicting potential hit new ATH price until 120k$ in this month. Nowadays, bitcoin still difficult break to $100k after correcting yesterday and bitcoin price stable around $97k have potential for this week reach up or waiting when few days left before Donald Trump officially appointing as US president for five years later. The discourse on tax cuts is also considered crucial in my opinion. Well, in general it can be said that the new government also has a dominant influence in determining the direction and policies of the government and of course has a direct impact on future economic conditions. Usually new government have their own regulation and difficult will adopt old regulation leave by Joe Bidden, lets wait and see potential for bitcoin price hit or not on the first day of Donald Trump officially become US president around three weeks later. Title: Re: Bitcoin targets $120K in January Post by: Awaklara on January 02, 2025, 03:50:19 PM I think that's also a reasonable reason, because people are really looking forward to President Trump's steps after his inauguration in implementing aspects of economic policy and strengthening it. I think, if there is a policy that is seen as leading positively to digital assets such as BTC, I think the potential for growth and price increases in BTC will definitely move. Many people are waiting for Donald Trump forward about bitcoin will be adopt or not based on his promising before at US election campaign, just few weeks left before appointing as US president and waiting his contribution bring good impact or not for bitcoin before predicting potential hit new ATH price until 120k$ in this month. Nowadays, bitcoin still difficult break to $100k after correcting yesterday and bitcoin price stable around $97k have potential for this week reach up or waiting when few days left before Donald Trump officially appointing as US president for five years later. The discourse on tax cuts is also considered crucial in my opinion. Well, in general it can be said that the new government also has a dominant influence in determining the direction and policies of the government and of course has a direct impact on future economic conditions. Usually new government have their own regulation and difficult will adopt old regulation leave by Joe Bidden, lets wait and see potential for bitcoin price hit or not on the first day of Donald Trump officially become US president around three weeks later. Currently, we can only see that the price will tend to be stable, there will not be many changes that may not break through $ 100k. But if Trump makes a positive move for Bitcoin, then the end of the month at the beginning of this year to break through $ 120k will be very possible. We hope so. Title: Re: Bitcoin targets $120K in January Post by: Callido on January 02, 2025, 05:19:38 PM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news" The effect could be either negative or positive; we never can tell what the outcome will be based on the speech and action he will take that very day, but let's not expect everything to be positive or any fast result, as he can't just start acting the same day he is being inaugurated. I think 115k max in January 2025 But if he is to sign in bitcoin as part of a strategic reserve, as most people have speculated, that news will call for celebration, which will eventually move the life to some height. Maybe it will call to an end of this below $100k rotation that it's experiencing in the past week, and we can finally see an evergreen when $110k and above can be achieved. Then from the coming months, if other governments also make a move on their interest, we will likely experience another big wave too. Neglection of Bitcoin during his speech will leave the price same way, but a hype from him will interest more investors to put in more buys and cause the price to begin the pump. Title: Re: Bitcoin targets $120K in January Post by: Ricardo11 on January 03, 2025, 02:00:53 PM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news" The effect could be either negative or positive; we never can tell what the outcome will be based on the speech and action he will take that very day, but let's not expect everything to be positive or any fast result, as he can't just start acting the same day he is being inaugurated. I think 115k max in January 2025 But if he is to sign in bitcoin as part of a strategic reserve, as most people have speculated, that news will call for celebration, which will eventually move the life to some height. Maybe it will call to an end of this below $100k rotation that it's experiencing in the past week, and we can finally see an evergreen when $110k and above can be achieved. Then from the coming months, if other governments also make a move on their interest, we will likely experience another big wave too. Neglection of Bitcoin during his speech will leave the price same way, but a hype from him will interest more investors to put in more buys and cause the price to begin the pump. Title: Re: Bitcoin targets $120K in January Post by: danadc on January 03, 2025, 03:02:39 PM I think that's also a reasonable reason, because people are really looking forward to President Trump's steps after his inauguration in implementing aspects of economic policy and strengthening it. I think, if there is a policy that is seen as leading positively to digital assets such as BTC, I think the potential for growth and price increases in BTC will definitely move. The discourse on tax cuts is also considered crucial in my opinion. Well, in general it can be said that the new government also has a dominant influence in determining the direction and policies of the government and of course has a direct impact on future economic conditions. Yes, that is crucial for everything, when things are done well for a government like this one that is going to come in, it is where from the first moment the importance of BTC is given, when you talk about currencies and digital money, just with that everyone will understand that they are referring to BTC, the other cryptos too, but especially it is BTC, taxes and the cut of everything that can be done is also decisive, I have seen a lot of news where they say that they are going to request even migrants to be studied to get that country ahead, that is to say professional migrants , but everything until now is speculation, this is speculation about BTC but it is very likely to happen. Title: Re: Bitcoin targets $120K in January Post by: Agbe on January 03, 2025, 03:16:04 PM I don't think bitcoin price will hit $120,000 in this January. The chart has not shown upward for days but it is more of downward trend this days. Though the Month is just starting but I still doubt if the price will hit $120k. Some people are saying that when Trump has finally inaugurated to take over the affairs of the state and when he has finally created the bitcoin reserve in the in the Whitehouse (State) then the price of bitcoin will increase and as for me if the price increases, it is not in this month but from next month upward.
Title: Re: Bitcoin targets $120K in January Post by: justdimin on January 03, 2025, 09:33:24 PM I don't think bitcoin price will hit $120,000 in this January. The chart has not shown upward for days but it is more of downward trend this days. Though the Month is just starting but I still doubt if the price will hit $120k. Some people are saying that when Trump has finally inaugurated to take over the affairs of the state and when he has finally created the bitcoin reserve in the in the Whitehouse (State) then the price of bitcoin will increase and as for me if the price increases, it is not in this month but from next month upward. I do agree that 120k is a likely result. Not saying that it "will" happen but it is looking pretty much green these days. First it has to go above 100k again, and reaching 108k and above, like making a new all time high, is even more likely and that's what I am expecting at first.If we can do that, then we are going to be on the right path and we could have something much better. I am not saying we are going to end up with a bad result or anything like that, just saying that we are going to end up with a greater return if we know what we are dealing with. So a 109k price, technically would be all time high, and my goal is to reach that this month, doesn't matter how much higher it gets after that, the first point should be reaching ATH. Title: Re: Bitcoin targets $120K in January Post by: AmoreJaz on January 03, 2025, 10:26:59 PM I don't think bitcoin price will hit $120,000 in this January. The chart has not shown upward for days but it is more of downward trend this days. Though the Month is just starting but I still doubt if the price will hit $120k. Some people are saying that when Trump has finally inaugurated to take over the affairs of the state and when he has finally created the bitcoin reserve in the in the Whitehouse (State) then the price of bitcoin will increase and as for me if the price increases, it is not in this month but from next month upward. As we have seen, that target is not very far from the horizon as we already hit the 100k mark. However, it needs some good news so there will be uptick in the market. Because it will start to move upwards if there will be some positive news arising from this market such as new blockchain programs approved by the government, or endorsement of one country for btc to be used as legal tender, among others. Title: Re: Bitcoin targets $120K in January Post by: Smartvirus on January 03, 2025, 11:33:53 PM No doubt that the market might take few hours to respond quickly to some change either in a positive news or perhaps some element within the cryptocurrency space but, I don’t think $120k is possible within the month of January. Now it’s of common thought that, people would be looking to invest, to buy back what’s been sold in order to enjoy the festive seasons but, you need to have earned to do that and with some of the investors depending on being paid at the end of the week or month, that’s unlikely to come by which could only mean, a creeping market as we see it already.
Title: Re: Bitcoin targets $120K in January Post by: pawel7777 on January 03, 2025, 11:39:00 PM As we have seen, that target is not very far from the horizon as we already hit the 100k mark. However, it needs some good news so there will be uptick in the market. Because it will start to move upwards if there will be some positive news arising from this market such as new blockchain programs approved by the government, or endorsement of one country for btc to be used as legal tender, among others. Many people seem to be waiting for Trump's inauguration as if it were some sort of magic date. This doesn't make sense to me. Even if he's serious about pushing for the creation of the strategic Bitcoin reserve, he won't do it on his first or second day in the office. It could be a year or two from now, if at all. I expect there might be some dip shortly after 20th Jan, but I don't think it'll break the longer bullish trend. Anyhow, there's still 17 days to go and I'm sure we'll see some action during that time. Title: Re: Bitcoin targets $120K in January Post by: danadc on January 04, 2025, 01:17:05 AM As we have seen, that target is not very far from the horizon as we already hit the 100k mark. However, it needs some good news so there will be uptick in the market. Because it will start to move upwards if there will be some positive news arising from this market such as new blockchain programs approved by the government, or endorsement of one country for btc to be used as legal tender, among others. I think the same, for me this is the Objective, just considering that it can reach $120k is not a bad goal, it is very likely that it will happen , however things can be different when they are raised in different ways, I want to buy btc even if it is going up because I know that in other years this price will be double or triple, that is why at this moment I feel that it is my opportunity to buy and accumulate more and more satoshis, it does not matter that I have to buy even if it is 5usd in btc, the Important thing is to buy because there is a lot of opportunity.Title: Re: Bitcoin targets $120K in January Post by: Ricardo11 on January 04, 2025, 07:36:17 AM No doubt that the market might take few hours to respond quickly to some change either in a positive news or perhaps some element within the cryptocurrency space but, I don’t think $120k is possible within the month of January. Now it’s of common thought that, people would be looking to invest, to buy back what’s been sold in order to enjoy the festive seasons but, you need to have earned to do that and with some of the investors depending on being paid at the end of the week or month, that’s unlikely to come by which could only mean, a creeping market as we see it already. Actually we can't say anything for sure, there have already a small been some changes in the market, currently Bitcoin is at $98K, and in the last 24h range Bitcoin was at $96,010.08 – $98,970.89. But it is really difficult to say whether Bitcoin will cross $120K this month, but since it is January and Trump will be sworn in on January 20, we can expect a pump this month, (but it is not for sure).You are right, in this situation, instead of a big rise in the market, a gradual creeping trend will continue. So every investor should plan for the long term. Title: Re: Bitcoin targets $120K in January Post by: Jating on January 04, 2025, 08:48:44 AM No doubt that the market might take few hours to respond quickly to some change either in a positive news or perhaps some element within the cryptocurrency space but, I don’t think $120k is possible within the month of January. Now it’s of common thought that, people would be looking to invest, to buy back what’s been sold in order to enjoy the festive seasons but, you need to have earned to do that and with some of the investors depending on being paid at the end of the week or month, that’s unlikely to come by which could only mean, a creeping market as we see it already. Actually we can't say anything for sure, there have already a small been some changes in the market, currently Bitcoin is at $98K, and in the last 24h range Bitcoin was at $96,010.08 – $98,970.89. But it is really difficult to say whether Bitcoin will cross $120K this month, but since it is January and Trump will be sworn in on January 20, we can expect a pump this month, (but it is not for sure).You are right, in this situation, instead of a big rise in the market, a gradual creeping trend will continue. So every investor should plan for the long term. That is already a good sign though, it seems that the market is recovering from as low as $93k'ish before the negative news surrounding FED's not agreeing with the incoming President about making Bitcoin as a national reserve. But since we're in January already and in just matter of weeks, Trump will officially be sworn in as the next US President, investors could be in the FOMO mode again, and wouldn't be surprised that we will be again at $100k before the 20th. And then maybe it will continue after that, maybe not that $120k, but maybe a new all time high again and then we will slowly see the price increasing all throughout this bear market specially if there are a lot of positive news coming from the new administration like the people that Trump will put in a crypto related position. Title: Re: Bitcoin targets $120K in January Post by: Richbased on January 04, 2025, 09:03:37 AM Actually we can't say anything for sure, there have already a small been some changes in the market, currently Bitcoin is at $98K, and in the last 24h range Bitcoin was at $96,010.08 – $98,970.89. But it is really difficult to say whether Bitcoin will cross $120K this month, but since it is January and Trump will be sworn in on January 20, we can expect a pump this month, (but it is not for sure). I think we should be optimistic that the price will definitely skyrocket after the swearing in ceremony of Donald Trump because we all saw how bitcoin performed so well when he was elected president in November 2024, we should also expect another sudden pump after his inauguration on Monday 20th January 2025. Even, we may start experiencing the sign from a day before the inauguration because some investors will want to be very smart to buy before the inauguration proper because since we all are anticipating an increase in the price, a lot of investors will want to buy before the price skyrockets. 2025 is characterized by a lot of bullish factors so i wouldn't be surprise if the price reaches $120k before the end of January. Title: Re: Bitcoin targets $120K in January Post by: Popkon6 on January 04, 2025, 09:17:56 AM The Bitcoin market is now in a normal range, but we are still close to $100k since the Bitcoin market touched $108k in the past. So this January, the Bitcoin price will definitely break the previous record and create a new record, because there is a bull market in the future. Currently, we are in a bull market.
So I can assume that the Bitcoin market is still ready to create a new record. As far as possible, the Bitcoin market will move towards improvement very quickly. Title: Re: Bitcoin targets $120K in January Post by: lixer on January 04, 2025, 05:25:43 PM I think that's also a reasonable reason, because people are really looking forward to President Trump's steps after his inauguration in implementing aspects of economic policy and strengthening it. I think, if there is a policy that is seen as leading positively to digital assets such as BTC, I think the potential for growth and price increases in BTC will definitely move. For me it doesn't look reasonable. I know we have a reason for investing and that is to profit but it's better to still expect less. As they say, less is more ;). Not all are a fan of Trump, so not all are looking forward for his action. Some haters might still look closely only to spot the mistake of him. For those who support Trump only because of Bitcoin, then they can only care more on the policy that is also related to it and not really about the economy or strengthening it.The policy you wish there is I think possible and in fact there are already a few that are in placed and they might have contributed positively already in the digital assets such as Bitcoin, as we see that their price had improved now. Title: Re: Bitcoin targets $120K in January Post by: Woodie on January 04, 2025, 06:12:43 PM December to January, generally liquidity is slow and low and I don't expect much activity to be happening on the market's!
And talking of registering a new all time high in January is a big ask too...unless say POTUS stimulates the markets by saying something that exites the market we can easily get a +10K jump as investors could be playing it safe and waiting for regulatory/government support then they hit the buys. The Bitcoin market is now in a normal range, but we are still close to $100k since the Bitcoin market touched $108k in the past. You are actually right, currently price is ranging which shows indecision and price could either go up or down when it breaks out.Title: Re: Bitcoin targets $120K in January Post by: Nwada001 on January 04, 2025, 07:17:33 PM The Bitcoin market is now in a normal range, but we are still close to $100k since the Bitcoin market touched $108k in the past. So this January, the Bitcoin price will definitely break the previous record and create a new record, because there is a bull market in the future. Currently, we are in a bull market. The market is just struggling to correct the spread, which it used to break up to that $108k level before it started dropping down; some even predicted that it will drop below $90k, which we still are looking at that level if it will drop to that before picking back up or if it won't.So I can assume that the Bitcoin market is still ready to create a new record. As far as possible, the Bitcoin market will move towards improvement very quickly. From the look of things, it has been resisting dropping below the $90k level even when it touched $92k before bouncing back to the current $97k, plus that it is as of today. If it can break through this level and get to $100k, then we are certain to see $110k to $120k this January. Title: Re: Bitcoin targets $120K in January Post by: KingsDen on January 04, 2025, 07:56:57 PM I think it's possible because when Trump won the election, the price increased from $70K to $90K, so it's also possible to see $100K+$20K = $120K, when Trump is officially become the US president and fire Gary Gensler from SEC's chair. The cryptocurrency industry is lucky to have a US president who openly supported bitcoin. Do you know what that means? It means that any goodnews that is surrounding Trump means bitcoin increment. There's no doubt that Trump inauguration will high bitcoin price once more and the effect could be much if Trump eventually mentions bitcoin or cryptocurrency during his inaugural speech. There's actually high hopes and believe me, this trend will continue for long period of time before we enter bear market. The bear market of this season will be very short.Most people thinks Trump is completely support Bitcoin, hence if there's a good news about Trump, people always try to correlate it with Bitcoin. Title: Re: Bitcoin targets $120K in January Post by: Smartvirus on January 04, 2025, 09:13:05 PM The cryptocurrency industry is lucky to have a US president who openly supported bitcoin. Do you know what that means? It means that any goodnews that is surrounding Trump means bitcoin increment. There's no doubt that Trump inauguration will high bitcoin price once more and the effect could be much if Trump eventually mentions bitcoin or cryptocurrency during his inaugural speech. There's actually high hopes and believe me, this trend will continue for long period of time before we enter bear market. The bear market of this season will be very short. That’s definitely something to look towards which I hadn’t considered, Trumps inauguration which is scheduled for January 20th of 2025, Martin Luther King Jnr’s day. The days around it and that day could mean well for Bitcoin, especially if Trump gets to drop any speech about cryptocurrency eventually. It could bring a spark to some fire that would see the current ATH broken maybe. Until then, I can’t afford to keep my hopes up but for sure, in the coming days, perhaps in the next month being February, the numbers would come in good.Title: Re: Bitcoin targets $120K in January Post by: aylabadia05 on January 04, 2025, 09:54:45 PM <snip> The cryptocurrency industry is lucky to have a US president who openly supported bitcoin. Do you know what that means? It means that any goodnews that is surrounding Trump means bitcoin increment. There's no doubt that Trump inauguration will high bitcoin price once more and the effect could be much if Trump eventually mentions bitcoin or cryptocurrency during his inaugural speech. There's actually high hopes and believe me, this trend will continue for long period of time before we enter bear market. The bear market of this season will be very short.Trump has certainly generated positive investor enthusiasm for the market due to his support of the industry, but I believe that this market is uncontrollable. Many people expect to profit regardless of which president supports bitcoin, so they can move the market through their selling. Title: Re: Bitcoin targets $120K in January Post by: tabas on January 04, 2025, 10:45:21 PM I am heavily influenced by the sentiment of the people with all of these price predictions. I have started to make some goals as well like this one when Trump becomes the president for his oath on January 20, then it should be expected that $120k is at hand. If not, then it should be close to it or surpass the ATH that we've got of $108k.
Trump has certainly generated positive investor enthusiasm for the market due to his support of the industry, but I believe that this market is uncontrollable. Many people expect to profit regardless of which president supports bitcoin, so they can move the market through their selling. While it is uncontrollable but the market can be influenced based on the sentiment that's surrounding in the global markets and even inside the community. And I agree that with these price goals, it is surely that many are going to take their profits instead of holding longer so, more of short term goals will be achieved by that time.Title: Re: Bitcoin targets $120K in January Post by: 2Pizza410000BTC on January 04, 2025, 11:18:08 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. We have seen Bitcoin reach an all-time high of $108,353 and from there it has been at a low of $91,530. In fact, it is very difficult to predict where Bitcoin will go next. Although we see different messages about the price of Bitcoin on different news feeds, we cannot fully support them because their predictions do not match very well. However, if Donald Trump takes office and creates good news for Bitcoin, it is expected that the price of Bitcoin will rise from the current all-time high and create a new ATH.This is the news: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price We saw a surge in the price of Bitcoin due to Donald Trump winning the presidential election. If we see a surge in the price of Bitcoin due to Donald Trump being elected president, I can say with certainty that if Donald Trump gives a positive message about Bitcoin at his inauguration, the price of Bitcoin will increase. I am optimistic that Bitcoin will be in a very good position in 2025. Title: Re: Bitcoin targets $120K in January Post by: STT on January 04, 2025, 11:59:49 PM That old news can related to buy the rumor sell the news and we already know whats happening upto end of January so we're into sell the news part of that phenomena I think. There can be other reasons but that dynamic is already sold imo.
Whats happening now is consolidation around 100k area. 120k isnt very bullish, being only 12k above the 108k level though it might seem ungrateful to say so I wouldn't bother speculating on a brief movement like that. A proper breakout upwards will be good to see of course. 99.4k is the 78.6% fib retrace of that move, if we can see BTC price action trade above that level then add a little more bullish sentiment to your estimation is fair game. Title: Re: Bitcoin targets $120K in January Post by: LUCKMCFLY on January 05, 2025, 05:25:06 AM We have seen Bitcoin reach an all-time high of $108,353 and from there it has been at a low of $91,530. In fact, it is very difficult to predict where Bitcoin will go next. Although we see different messages about the price of Bitcoin on different news feeds, we cannot fully support them because their predictions do not match very well. However, if Donald Trump takes office and creates good news for Bitcoin, it is expected that the price of Bitcoin will rise from the current all-time high and create a new ATH. We saw a surge in the price of Bitcoin due to Donald Trump winning the presidential election. If we see a surge in the price of Bitcoin due to Donald Trump being elected president, I can say with certainty that if Donald Trump gives a positive message about Bitcoin at his inauguration, the price of Bitcoin will increase. I am optimistic that Bitcoin will be in a very good position in 2025. I have a lot of hope that bitcoin will reach a new high when Donald Trump takes power, in addition to the confidence that will be unique, that is why I Recommend that everyone who can buy bitcoin so they can make a good fortune, otherwise it will be very Difficult to acquire btc , things have to be taken advantage of to get more btc, whether in the future it is said I can buy cheap When btc was worth $91k and now that it is worth $1M it is more difficult, that is the vision that everyone has to see. Title: Re: Bitcoin targets $120K in January Post by: mich on January 05, 2025, 06:01:13 AM Well I am very 'bullish' for the price of Bitcoin in this year. I do think 120k for each Bitcoin is something we can see early in this year. If that does not happen in this month of January then I do think in the next 2 months it can happen.
But before we think of price going to 120k me must get back to price of 100k. I think it was not easy for us to get to that price. So after we do test that price we will see how 'bullish' Bitcoin will be. Title: Re: Bitcoin targets $120K in January Post by: Ricardo11 on January 05, 2025, 07:07:14 AM We have seen Bitcoin reach an all-time high of $108,353 and from there it has been at a low of $91,530. In fact, it is very difficult to predict where Bitcoin will go next. Although we see different messages about the price of Bitcoin on different news feeds, we cannot fully support them because their predictions do not match very well. However, if Donald Trump takes office and creates good news for Bitcoin, it is expected that the price of Bitcoin will rise from the current all-time high and create a new ATH. We saw a surge in the price of Bitcoin due to Donald Trump winning the presidential election. If we see a surge in the price of Bitcoin due to Donald Trump being elected president, I can say with certainty that if Donald Trump gives a positive message about Bitcoin at his inauguration, the price of Bitcoin will increase. I am optimistic that Bitcoin will be in a very good position in 2025. I have a lot of hope that bitcoin will reach a new high when Donald Trump takes power, in addition to the confidence that will be unique, that is why I Recommend that everyone who can buy bitcoin so they can make a good fortune, otherwise it will be very Difficult to acquire btc , things have to be taken advantage of to get more btc, whether in the future it is said I can buy cheap When btc was worth $91k and now that it is worth $1M it is more difficult, that is the vision that everyone has to see. We are all optimistic that Bitcoin will cross $150K to $200K this year. However, it is not possible to say for sure where its price will go in the future. However, there is a high possibility of a big pump this year, Because many Bitcoin experts have been saying this for a long time ago. now let's see what happens. Title: Re: Bitcoin targets $120K in January Post by: AirtelBuzz on January 05, 2025, 12:30:58 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. We have seen Bitcoin reach an all-time high of $108,353 and from there it has been at a low of $91,530. In fact, it is very difficult to predict where Bitcoin will go next. Although we see different messages about the price of Bitcoin on different news feeds, we cannot fully support them because their predictions do not match very well. However, if Donald Trump takes office and creates good news for Bitcoin, it is expected that the price of Bitcoin will rise from the current all-time high and create a new ATH.This is the news: https://cointelegraph.com/news/bitcoin-120k-january-effect-binance-stablecoin-reserve-45b It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. What is your take on this? This is also the speculation thread for January bitcoin price We saw a surge in the price of Bitcoin due to Donald Trump winning the presidential election. If we see a surge in the price of Bitcoin due to Donald Trump being elected president, I can say with certainty that if Donald Trump gives a positive message about Bitcoin at his inauguration, the price of Bitcoin will increase. I am optimistic that Bitcoin will be in a very good position in 2025. Donald Trump had earlier announced that he would make America the crypto capital. On January 20th, Donald Trump will be sworn in to win the election, and if he makes positive comments about Bitcoin, the price of Bitcoin will definitely increase again. https://www.talkimg.com/images/2025/01/05/OTGP3.jpeg https://x.com/realDonaldTrump/status/1840772362209251611?t=FWnUACcn1Yzx2oI4oPig5A&s=19 Title: Re: Bitcoin targets $120K in January Post by: Kemarit on January 06, 2025, 11:05:06 AM We have seen Bitcoin reach an all-time high of $108,353 and from there it has been at a low of $91,530. In fact, it is very difficult to predict where Bitcoin will go next. Although we see different messages about the price of Bitcoin on different news feeds, we cannot fully support them because their predictions do not match very well. However, if Donald Trump takes office and creates good news for Bitcoin, it is expected that the price of Bitcoin will rise from the current all-time high and create a new ATH. We saw a surge in the price of Bitcoin due to Donald Trump winning the presidential election. If we see a surge in the price of Bitcoin due to Donald Trump being elected president, I can say with certainty that if Donald Trump gives a positive message about Bitcoin at his inauguration, the price of Bitcoin will increase. I am optimistic that Bitcoin will be in a very good position in 2025. I have a lot of hope that bitcoin will reach a new high when Donald Trump takes power, in addition to the confidence that will be unique, that is why I Recommend that everyone who can buy bitcoin so they can make a good fortune, otherwise it will be very Difficult to acquire btc , things have to be taken advantage of to get more btc, whether in the future it is said I can buy cheap When btc was worth $91k and now that it is worth $1M it is more difficult, that is the vision that everyone has to see. We are all optimistic that Bitcoin will cross $150K to $200K this year. However, it is not possible to say for sure where its price will go in the future. However, there is a high possibility of a big pump this year, Because many Bitcoin experts have been saying this for a long time ago. now let's see what happens. It's more of him supporting Bitcoin that is the big game changer this 2025. In his first stint in the office, he didn't about Bitcoin and other crypto and he could have place people that is against crypto in 2016. But now it's totally different, version 2.0 of Trump talks about his friendly approach on Bitcoin and how we will make America as the leader in crypto in general with his pro crypto stance. So that alone is big as this is the first time that we have heard it from a incoming US president. Sure there is Bukele in Latin America, but this is very different as the president of the most powerful nation in the world is going full Bitcoin and he will have his time when he officially sits on January. And just like that, his influence in the world, maybe countries are now considering Bitcoin as their national reserve as well, just like what Trump wanted when he goes to the office this month. Title: Re: Bitcoin targets $120K in January Post by: Pandu Geddon on January 06, 2025, 02:31:18 PM Well I am very 'bullish' for the price of Bitcoin in this year. I do think 120k for each Bitcoin is something we can see early in this year. If that does not happen in this month of January then I do think in the next 2 months it can happen. But before we think of price going to 120k me must get back to price of 100k. I think it was not easy for us to get to that price. So after we do test that price we will see how 'bullish' Bitcoin will be. Today we are also approaching $100k. If this week Bitcoin can be more stable above $100k, then the possibility of reaching $120k this month can be achieved. But if by the 3rd week of this month, Bitcoin is still stuck in a sideways movement that does not pass $100k, maybe we can only hope that Bitcoin can reach that target next month. Several news reports are linked to the price increase this month, let's hope that everything can be achieved. Title: Re: Bitcoin targets $120K in January Post by: Solosanz on January 06, 2025, 03:35:53 PM Today we are also approaching $100k. If this week Bitcoin can be more stable above $100k, then the possibility of reaching $120k this month can be achieved. But if by the 3rd week of this month, Bitcoin is still stuck in a sideways movement that does not pass $100k, maybe we can only hope that Bitcoin can reach that target next month. It's already $100K, it's faster than I thought, you know it should be happen in January 20 because that's the day where Trump is officially become the US president. But now, there's no news or anything happen, Bitcoin price keep moving up.Several news reports are linked to the price increase this month, let's hope that everything can be achieved. Reaching $120K will not be something impossible, if Bitcoin price stay at $100K at the beginning of the month. Title: Re: Bitcoin targets $120K in January Post by: GigaBit on January 06, 2025, 04:45:54 PM Well I am very 'bullish' for the price of Bitcoin in this year. I do think 120k for each Bitcoin is something we can see early in this year. If that does not happen in this month of January then I do think in the next 2 months it can happen. But before we think of price going to 120k me must get back to price of 100k. I think it was not easy for us to get to that price. So after we do test that price we will see how 'bullish' Bitcoin will be. Today we are also approaching $100k. If this week Bitcoin can be more stable above $100k, then the possibility of reaching $120k this month can be achieved. But if by the 3rd week of this month, Bitcoin is still stuck in a sideways movement that does not pass $100k, maybe we can only hope that Bitcoin can reach that target next month. Several news reports are linked to the price increase this month, let's hope that everything can be achieved. Title: Re: Bitcoin targets $120K in January Post by: mirakal on January 06, 2025, 05:27:04 PM Today we are also approaching $100k. If this week Bitcoin can be more stable above $100k, then the possibility of reaching $120k this month can be achieved. But if by the 3rd week of this month, Bitcoin is still stuck in a sideways movement that does not pass $100k, maybe we can only hope that Bitcoin can reach that target next month. It's already $100K, it's faster than I thought, you know it should be happen in January 20 because that's the day where Trump is officially become the US president. But now, there's no news or anything happen, Bitcoin price keep moving up.Several news reports are linked to the price increase this month, let's hope that everything can be achieved. Reaching $120K will not be something impossible, if Bitcoin price stay at $100K at the beginning of the month. However, this isn't actually a problem or an issue. Bitcoin will definitely reach that price without pointing at a certain month. Let bitcoin do the process. Title: Re: Bitcoin targets $120K in January Post by: Asiska02 on January 06, 2025, 05:31:44 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. January is another month that is looking very promising to achieve a new all time high. The bitcoin dominance is still on and for some weeks now, we haven’t seen bitcoin gone below $90K and today we have seen it rise above $100K. We can’t say that the market has gone bearish since then and that we could see another all time high soon with the bulls still having total control of the market. $120K is an achievable milestone for bitcoin in this 2025 even though it’s not going to reach that amount in this January but it should sometime this year and could be sooner than we expected. Quote It is believed that the coming Trump inauguration as the United States president and the inflow of stable coins into exchanges may lead to increase in bitcoin price in January. It is believed that not that people are sending their stable coins to exchanges now for no reason, that it could be because they are planing to buy unstable coins like bitcoin. Trump effect has been felt in the past before and this time around, I don’t don’t his effect not been felt in the crypt market once he’s inaugurated as the new president of the United States of America. He has shown concern for bitcoin and made a lot of promises on particularly having a bitcoin reserve for the country. That will bring more inflow on money into bitcoin and will in return have effect on its price. Title: Re: Bitcoin targets $120K in January Post by: Pandu Geddon on January 06, 2025, 05:54:49 PM Today we are also approaching $100k. If this week Bitcoin can be more stable above $100k, then the possibility of reaching $120k this month can be achieved. But if by the 3rd week of this month, Bitcoin is still stuck in a sideways movement that does not pass $100k, maybe we can only hope that Bitcoin can reach that target next month. It's already $100K, it's faster than I thought, you know it should be happen in January 20 because that's the day where Trump is officially become the US president. But now, there's no news or anything happen, Bitcoin price keep moving up.Several news reports are linked to the price increase this month, let's hope that everything can be achieved. Reaching $120K will not be something impossible, if Bitcoin price stay at $100K at the beginning of the month. That's what I mean. If currently, Bitcoin can maintain its position to continue to be for $ 100k-$ 110k in the first two weeks of this month. Then the opportunity to reach $ 120k by the end of the month could be achieved, maybe even faster. I was quite doubtful before with the situation of Bitcoin which had a fairly fast movement with the decline that occurred some time ago. But let's see if Bitcoin can be stable enough to stay at the current price range. Title: Re: Bitcoin targets $120K in January Post by: Issa56 on January 06, 2025, 06:40:26 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. Whenever bitcoin is dumping, you're going to see different news that bitcoin is going to dump harder, which most people will follow what they see on social media and won’t buy. If you are planning to invest in bitcoin, then just avoid all those people who are on social media predicting bitcoin price, most of them have little knowledge about bitcoin, but they will end up claiming they are professional. Lots of people predicted a massive dump for bitcoin; they predicted $80k just as you said, but as we can see, the bitcoin price has bounced back, and bitcoin's current price is $101k. I'm sure some people will be regretting why they didn’t buy when it dumped to around $92k.I am very sure $120k is really possible this month, bitcoin has gone higher to around $108k, so getting to $120k shouldn’t be what will be difficult, and we should be expecting that within a short period of time. Title: Re: Bitcoin targets $120K in January Post by: BABY SHOES on January 06, 2025, 06:44:19 PM Today we are also approaching $100k. If this week Bitcoin can be more stable above $100k, then the possibility of reaching $120k this month can be achieved. But if by the 3rd week of this month, Bitcoin is still stuck in a sideways movement that does not pass $100k, maybe we can only hope that Bitcoin can reach that target next month. It's already $100K, it's faster than I thought, you know it should be happen in January 20 because that's the day where Trump is officially become the US president. But now, there's no news or anything happen, Bitcoin price keep moving up.Several news reports are linked to the price increase this month, let's hope that everything can be achieved. Reaching $120K will not be something impossible, if Bitcoin price stay at $100K at the beginning of the month. I was quite doubtful before with the situation of Bitcoin which had a fairly fast movement with the decline that occurred some time ago. But let's see if Bitcoin can be stable enough to stay at the current price range. With Trump's inauguration this will be a lot to wait for, even I can't wait to see how it reacts to the market whether it's an increase or a decrease. Title: Re: Bitcoin targets $120K in January Post by: KingsDen on January 06, 2025, 08:39:15 PM The cryptocurrency industry is lucky to have a US president who openly supported bitcoin. Do you know what that means? It means that any goodnews that is surrounding Trump means bitcoin increment. There's no doubt that Trump inauguration will high bitcoin price once more and the effect could be much if Trump eventually mentions bitcoin or cryptocurrency during his inaugural speech. There's actually high hopes and believe me, this trend will continue for long period of time before we enter bear market. The bear market of this season will be very short. That’s definitely something to look towards which I hadn’t considered, Trumps inauguration which is scheduled for January 20th of 2025, Martin Luther King Jnr’s day. The days around it and that day could mean well for Bitcoin, especially if Trump gets to drop any speech about cryptocurrency eventually. It could bring a spark to some fire that would see the current ATH broken maybe. Until then, I can’t afford to keep my hopes up but for sure, in the coming days, perhaps in the next month being February, the numbers would come in good.Meanwhile, we should also pay attention to Trump's executive council and understand how many crypto enthusiasts are there because they'll be the ones to ignite the fire and implement every related policies. Title: Re: Bitcoin targets $120K in January Post by: aylabadia05 on January 06, 2025, 09:13:16 PM <snip> Thanks for reminding me that the inauguration will be on 20th of January. I also opened the browser to check it out. As I mentioned earlier, if bitcoin and cryptocurrency manages to make one paragraph of Trump's inaugural speech, expect a massive move and $120k could be easily reached. It might also be the trigger of the major bull run that everyone is anticipating.Meanwhile, we should also pay attention to Trump's executive council and understand how many crypto enthusiasts are there because they'll be the ones to ignite the fire and implement every related policies. Speaking of price, as I write, the price of bitcoin has increased by at least 4% or $102k. Prices may soar due to increased market demand, but on the other hand, many people will definitely be careful ahead of the inauguration day. Trump ultimately established himself as one of the key figures in price volatility, which can go down or up, depending on the content of his talks. Title: Re: Bitcoin targets $120K in January Post by: Richbased on January 06, 2025, 10:16:07 PM This is also the speculation thread for January bitcoin price Since you said that this thread can also stand as a speculation for January, i predict the price of the month to end around $110k to $115k because we have seen how the price have been going back and forth and today, the price reached $102k which means that we may not be experiencing much increase or DIP till 20th of January which is the swearing in date of Donald Trump. After his inauguration ceremony, we will likely see some gains that will possibly get to $115k by the end of January then if the price will reach $120k it will be around the first or second week of February. Title: Re: Bitcoin targets $120K in January Post by: Onyeeze on January 06, 2025, 10:58:57 PM The way I'm seeing the price of bitcoin fluctuating in this January 2025 I don't think bitcoin will add any value of increment to the bitcoin price, because I know that bitcoin price is rolling over and over, depreciating constantly instead of adding, I had that this year is a year of a bull season but since we entered into this year have not see or notice sign of increment,because investors who invest on Bitcoin Normally understand the clear concepts of bitcoin during investment. So do not predict what you have not make a research before you report I know that everything we do on the price of bitcoin is assumption, in subsequent time the pri is of bitcoin will be above 120 but not now such increase will take place because their's no sign of bitcoin increment
Title: Re: Bitcoin targets $120K in January Post by: dunfida on January 07, 2025, 12:49:02 AM <snip> Thanks for reminding me that the inauguration will be on 20th of January. I also opened the browser to check it out. As I mentioned earlier, if bitcoin and cryptocurrency manages to make one paragraph of Trump's inaugural speech, expect a massive move and $120k could be easily reached. It might also be the trigger of the major bull run that everyone is anticipating.Meanwhile, we should also pay attention to Trump's executive council and understand how many crypto enthusiasts are there because they'll be the ones to ignite the fire and implement every related policies. Speaking of price, as I write, the price of bitcoin has increased by at least 4% or $102k. Prices may soar due to increased market demand, but on the other hand, many people will definitely be careful ahead of the inauguration day. Trump ultimately established himself as one of the key figures in price volatility, which can go down or up, depending on the content of his talks. Well, who knows on when it would be starting but if we do really get in line with those traditional market movement on every cycles then we are really just that starting or too early. $120k isnt really that too far off imho but pretty sure that it wont really be that a smooth sail ride for anyone but well on the time that you are hoping for this price then its not bad to take up some positions right now. Price volatility will always be there no matter what and we do know that fundamentals or news now will be having that impact towards the whole market whether basing up on being negative or positive type. We cant be able to conclude on whats gonna happen or simply everything is totally unpredictable. Title: Re: Bitcoin targets $120K in January Post by: davis196 on January 07, 2025, 11:55:47 AM I don't think that the BTC "Trump inauguration pump" is going to hit levels above 110K USD, the selling pressure is going to be way too big.
What do I know? I wasn't expecting a 100K Bitcoin price in December, but it happened. The Bitcoin/crypto market is capable of great price pumps. Does Trump have the power to fire Gensler? Firing Gensler would be great news for the crypto industry in the USA. Comparing a potential upcoming January price pump with the Novermber-December 2024 Bitcoin price pump would most likely be a mistake. Title: Re: Bitcoin targets $120K in January Post by: AprilioMP on January 07, 2025, 02:13:49 PM What is your take on this? This is also the speculation thread for January bitcoin price $120K is a reliable target for a one-month period because from $100K to $120K is not a long distance. I noticed that since January 1, 2025 until today, January 7, 2025, the price is still stable between $100K with a slight down and a slight up swing. I actually really enjoy the current price market atmosphere. Title: Re: Bitcoin targets $120K in January Post by: bitgolden on January 07, 2025, 07:44:03 PM The sad thing about people thinking Trump could help, is that they do not realize Trump could hurt too. Just a year or two ago Trump was against bitcoin, he has tweets about calling bitcoin fake money, and something used for illegal drug trades and all that, which isn't wrong, you can still use bitcoin for drug deals, but that did not change suddenly, that is still true, and yet suddenly he thinks it's great.
I love that he likes it, and I love that he can help us take it higher, but I am not going to celebrate it too much because he is famous for going back on his words, he literally did so with bitcoin itself, so I have absolutely no trust that he would keep his word, there is nothing we can do about it and that's the whole thing. Title: Re: Bitcoin targets $120K in January Post by: UmerIdrees on January 07, 2025, 07:57:17 PM Thanks for reminding me that the inauguration will be on 20th of January. I also opened the browser to check it out. As I mentioned earlier, if bitcoin and cryptocurrency manages to make one paragraph of Trump's inaugural speech, expect a massive move and $120k could be easily reached. It might also be the trigger of the major bull run that everyone is anticipating. Meanwhile, we should also pay attention to Trump's executive council and understand how many crypto enthusiasts are there because they'll be the ones to ignite the fire and implement every related policies. Well, i cannot say that we will have 120K bitcoin price by the time Trump will take on the presidency inauguration but one thing is for sure that this is not the end of bull market and still we have some months or even more than 6 to 8 months, till we see the peak of bitcoin for this season. We need to remind ourself that this again and again because there will be sharps along the way that may shake our confidence. Today bitcoin has experiened another 5% dump but remember it is just temporary. Focus !!! Title: Re: Bitcoin targets $120K in January Post by: Fredomago on January 07, 2025, 08:04:59 PM I don't think that the BTC "Trump inauguration pump" is going to hit levels above 110K USD, the selling pressure is going to be way too big. What do I know? I wasn't expecting a 100K Bitcoin price in December, but it happened. The Bitcoin/crypto market is capable of great price pumps. Does Trump have the power to fire Gensler? Firing Gensler would be great news for the crypto industry in the USA. Comparing a potential upcoming January price pump with the Novermber-December 2024 Bitcoin price pump would most likely be a mistake. Yup, we never know what will happen till it happens, many traders and investors especially those who really have a big trust with this market will continue to hold and expect better compensation, though there's a sure impact with Trumps inauguration but we can not guarantee that it will pump the price still have that pressure from those long term holders who can quickly react when the value is already decent for them. Title: Re: Bitcoin targets $120K in January Post by: coolcoinz on January 07, 2025, 08:11:05 PM Looking at the big picture, it's very probable that we'll hit 120k this month. Even if we don't exactly get there, for instance reach 112 and correct, the 120 price is within reach.
I'm looking at the global metrics that show the market is not yet overheated and there was no real FOMO top, where people go crazy and take loans just to buy some BTC. Obviously bitcoin is struggling near $100k because a lot of long term holders waited for that level for years. I don't blame people who sold, especially if they were holding all the way through the FTX disaster, being scared for years and hoping they will ever be able to take some serious profit, not 10% after 3 years of holding because most of us would never be satisfied with something like that, but at the very least 50% and that's where we are for people who bought at the 2021 rally. Most of them bought somewhere between 50 and 60k and 100k is their long awaited goal. The real rally usually starts when holders run out of money and will to sell and the price doesn't drop by a lot. The longer we stay in the 90s the more exhausted the sellers an the stronger the next wave will be. Title: Re: Bitcoin targets $120K in January Post by: cryptomaniac_xxx on January 07, 2025, 09:53:45 PM Looking at the big picture, it's very probable that we'll hit 120k this month. Even if we don't exactly get there, for instance reach 112 and correct, the 120 price is within reach. I'm looking at the global metrics that show the market is not yet overheated and there was no real FOMO top, where people go crazy and take loans just to buy some BTC. Obviously bitcoin is struggling near $100k because a lot of long term holders waited for that level for years. I don't blame people who sold, especially if they were holding all the way through the FTX disaster, being scared for years and hoping they will ever be able to take some serious profit, not 10% after 3 years of holding because most of us would never be satisfied with something like that, but at the very least 50% and that's where we are for people who bought at the 2021 rally. Most of them bought somewhere between 50 and 60k and 100k is their long awaited goal. The real rally usually starts when holders run out of money and will to sell and the price doesn't drop by a lot. The longer we stay in the 90s the more exhausted the sellers an the stronger the next wave will be. I think those who sold early might regret their decisions for selling this early, specially if you say that they are a long term holder, doesn't make sense that you have hold that for long and suddenly decided to sell at $100k'ish when there is prediction or at least wait for the massive bull run that we are expecting this year. In any case, we have another minor incoming dump as we have dip to $96k, -5% in the last 24 hours. And when we thought that we will maintain at least that 6 digit, for unknown reasons, there seems to be a some sell-off but I will attribute this to short term speculators who wanted to squeeze some profits as they know that $102k will be rejected. But plenty of time for us this month to hit $120k as there is the Trump officially sworn as the next US President two weeks from now. Title: Re: Bitcoin targets $120K in January Post by: CryptoBuds on January 08, 2025, 08:52:09 AM The sad thing about people thinking Trump could help, is that they do not realize Trump could hurt too. Just a year or two ago Trump was against bitcoin, he has tweets about calling bitcoin fake money, and something used for illegal drug trades and all that, which isn't wrong, you can still use bitcoin for drug deals, but that did not change suddenly, that is still true, and yet suddenly he thinks it's great. I love that he likes it, and I love that he can help us take it higher, but I am not going to celebrate it too much because he is famous for going back on his words, he literally did so with bitcoin itself, so I have absolutely no trust that he would keep his word, there is nothing we can do about it and that's the whole thing. I agree with you that many people are being too subjective in putting too much faith in Trump but we also don't need to be too skeptical or pessimistic that Trump will be able to harm Bitcoin again. Things have changed a lot from years ago, even Saylor Michael or Larry Fink used to despise Bitcoin but now they are the biggest Bitcoin holders, why can't Trump? In addition, If you follow the list of members of the Trump 2.0 administration, you will realize that many of them are people who have a positive attitude towards cryptocurrencies. That is also a positive sign and worth being optimistic about. I'm not saying he will deliver on every promise he makes to us but I believe we will have a more open and crypto friendly government under his tenure. In my opinion, that is enough for us and we should not ask too much from a politician. Title: Re: Bitcoin targets $120K in January Post by: SOKO-DEKE on January 08, 2025, 02:47:04 PM I read two news when bitcoin was falling that it could go below $80000 but bitcoin has not gone below $91500 since it dropped from $100000 after reaching all-time high of $108340. Not a surprise anymore as I am seeing the opposite which is about the possibility of bitcoin getting to $120000 in January. The truth is that any direction Bitcoin price moves, either up or down, some set people will try to predict it based on their technical analysis and guess the price; it will drop to or move up to so amount, and that is why we are getting different price predictions, but most of them are always getting it wrong; some it may just be one person that may be lucky to get it right, but even him, he does not know that Bitcoin price will actually get to that level, but he just predicted it. What I am just trying to say is that nobody can actually predict Bitcoin price; it is either pumping or dumping. It is bad to always believe most of this information we are seeing online; some people are getting it wrong in bitcoin investment with this information, as for now, some are predicting that Bitcoin is coming down to $80k; this may be what will discourage some set of people not to invest now and be waiting for when the Bitcoin price will come down to $80k, which position that Bitcoin may never come that drop again for now. Title: Re: Bitcoin targets $120K in January Post by: Out of mind on January 08, 2025, 03:05:08 PM At the beginning of January, the price of Bitcoin was above $97k and from here the market gradually increased and was able to enter $103k. Yesterday, the Bitcoin market was very good but later in a short time the Bitcoin market changed a lot where the market was dumped a lot. If we look today, we will see that the Bitcoin market came so low that it touched about $94k dollars. But we are certainly not so confused here, of course we have hopes and aspirations on this Bitcoin, one will definitely increase again. But what I see right now is the Bitcoin market forecast for January, and I think it will go to a good position by the end of the month. I think the Bitcoin market may enter above $110k and this will create a new ATH of this new year. Since the Bitcoin market is very stable at the moment, this market will take some time to rise and maybe the Bitcoin market has the possibility of rising next week.
Title: Re: Bitcoin targets $120K in January Post by: LUCKMCFLY on January 08, 2025, 04:13:32 PM Yes, the return to power of a big political figure like Donald Trump, and Trump himself supporting Bitcoin a lot, So it can definitely have a positive impact on the direction of the Bitcoin market. I also think that after Trump is sworn in on January 20, Bitcoin will start pumping. And for those who are already holding, big opportunities await in the future. That is the expectation that is expected, we all have the hope that it can be given like this, although it is not entirely clear because something that the btc market has shown us is that everything that the masses expect happens just the opposite, only in this case things are different because a political environment and too much optimism enters, many of us expected that if Trump won then the price would rise to $100k, and so it was, so there are many probabilities that when he takes power it will rise even more, this already becomes a bet, whether it rises or not, I think that all of us on January 20 will be very attentive to the USA and the market.We are all optimistic that Bitcoin will cross $150K to $200K this year. However, it is not possible to say for sure where its price will go in the future. However, there is a high possibility of a big pump this year, Because many Bitcoin experts have been saying this for a long time ago. now let's see what happens. Title: Re: Bitcoin targets $120K in January Post by: aylabadia05 on January 09, 2025, 02:48:59 PM <snip> <snip>Well, who knows on when it would be starting but if we do really get in line with those traditional market movement on every cycles then we are really just that starting or too early. $120k isnt really that too far off imho but pretty sure that it wont really be that a smooth sail ride for anyone but well on the time that you are hoping for this price then its not bad to take up some positions right now. Price volatility will always be there no matter what and we do know that fundamentals or news now will be having that impact towards the whole market whether basing up on being negative or positive type. We cant be able to conclude on whats gonna happen or simply everything is totally unpredictable. And regarding price volatility will always be there, that is true. But right now we have to admit that Trump is an influential figure in the crypto market price volatility. *prices at the time I wrote this post. Title: Re: Bitcoin targets $120K in January Post by: Odusko on January 09, 2025, 06:11:49 PM The cryptocurrency industry is lucky to have a US president who openly supported bitcoin. Do you know what that means? It means that any goodnews that is surrounding Trump means bitcoin increment. There's no doubt that Trump inauguration will high bitcoin price once more and the effect could be much if Trump eventually mentions bitcoin or cryptocurrency during his inaugural speech. There's actually high hopes and believe me, this trend will continue for long period of time before we enter bear market. The bear market of this season will be very short. That’s definitely something to look towards which I hadn’t considered, Trumps inauguration which is scheduled for January 20th of 2025, Martin Luther King Jnr’s day. The days around it and that day could mean well for Bitcoin, especially if Trump gets to drop any speech about cryptocurrency eventually. It could bring a spark to some fire that would see the current ATH broken maybe. Until then, I can’t afford to keep my hopes up but for sure, in the coming days, perhaps in the next month being February, the numbers would come in good.Title: Re: Bitcoin targets $120K in January Post by: GigaBit on January 09, 2025, 07:45:49 PM The Bitcoin chart for the last 7 days has been a bit down. Due to which many investors may take some time to buy Bitcoin. However, the market conditions are such that the price of Bitcoin may increase again. We may see a big rise in the last week of January. It is not difficult for the price of Bitcoin to reach 120k. If the market does not touch 100k within this month, it will take some time. But it is almost certain that the price of Bitcoin is increasing. We saw the highest price of Bitcoin on December 17th at $108,135, but it is very normal for its price to decrease slightly in the last few days and it is not difficult to come back from this price.
Title: Re: Bitcoin targets $120K in January Post by: Ricardo11 on January 10, 2025, 05:21:38 AM The Bitcoin chart for the last 7 days has been a bit down. Due to which many investors may take some time to buy Bitcoin. However, the market conditions are such that the price of Bitcoin may increase again. We may see a big rise in the last week of January. It is not difficult for the price of Bitcoin to reach 120k. If the market does not touch 100k within this month, it will take some time. But it is almost certain that the price of Bitcoin is increasing. We saw the highest price of Bitcoin on December 17th at $108,135, but it is very normal for its price to decrease slightly in the last few days and it is not difficult to come back from this price. In fact, even though the current market is slightly down, it will start to recover at any time. You are right, there is a possibility of a major price increase in the last week of January, and if a bullish trend is really seen, it is not impossible for the price to touch $120,000. However, we cannot say anything for sure, that is why it is better to focus on long-term investments rather than short-term profits. In the long term, Bitcoin has the potential to be much more valuable, because the history of Bitcoin proves that even if Bitcoin fluctuates a lot in the short term, Bitcoin will definitely be valuable in the long term, this is proven by history, so this is not something to be distrusted. Therefore, every investor should believe in the long-term potential of Bitcoin, and hold on. Only then can good success be achieved.Title: Re: Bitcoin targets $120K in January Post by: Popkon6 on January 10, 2025, 06:21:34 AM The price of Bitcoin is most likely to increase this January, because the investors who have deposited Bitcoin at the moment are for the long term. However, most of the investment institutions are always busy with Bitcoin holding, we have been able to see the most positive aspects this season. However, since the price of Bitcoin touched $108K, the most likely level is between $120K and $150K from this price.
Although Bitcoin has been dumping for a while, I think it is definitely a complete high. However, we are going to create another new record very quickly this January, the possibility of breaking the previous record of Bitcoin price of $108K and creating a new record is very close. Title: Re: Bitcoin targets $120K in January Post by: JeffBrad12 on January 10, 2025, 08:18:36 AM The price of Bitcoin is most likely to increase this January, because the investors who have deposited Bitcoin at the moment are for the long term. However, most of the investment institutions are always busy with Bitcoin holding, we have been able to see the most positive aspects this season. However, since the price of Bitcoin touched $108K, the most likely level is between $120K and $150K from this price. tbh, i think january will just be the same sideway for bitcoin forming channel around $90k - $105k, there's fud, but until the fud which mostly are rumour become reality, price just gonna doing sideways.Although Bitcoin has been dumping for a while, I think it is definitely a complete high. However, we are going to create another new record very quickly this January, the possibility of breaking the previous record of Bitcoin price of $108K and creating a new record is very close. I won't expect much from this january, sentiment a little bit bearish from december and this january things seemed to be the same so expect not much thing to be happening but regardless i'm still as optimistic as when BTC first reached $100k and won't choose to get sidelined just because the small dip. Title: Re: Bitcoin targets $120K in January Post by: Ricardo11 on January 10, 2025, 08:18:48 AM The price of Bitcoin is most likely to increase this January, because the investors who have deposited Bitcoin at the moment are for the long term. However, most of the investment institutions are always busy with Bitcoin holding, we have been able to see the most positive aspects this season. However, since the price of Bitcoin touched $108K, the most likely level is between $120K and $150K from this price. Yes, the Bitcoin market will start to rise at any time, especially after the 20th of this month, or perhaps in the last week of this month. Because Trump will be sworn in on the 20th, it is expected that the market will continue to move upwards towards the end of this month. And if the market starts moving upwards, Bitcoin has the potential to easily cross $120K.Although Bitcoin has been dumping for a while, I think it is definitely a complete high. However, we are going to create another new record very quickly this January, the possibility of breaking the previous record of Bitcoin price of $108K and creating a new record is very close. However, we are expecting a new record to be seen by January, but investors should always be cautious, because nothing is certain, that is why long-term holding plans should always be made, because the possibility of Bitcoin becoming valuable in the long term is always very high. However, let's see where Bitcoin can go this month. Title: Re: Bitcoin targets $120K in January Post by: Marvell1 on January 10, 2025, 10:02:01 AM Yes, the Bitcoin market will start to rise at any time, especially after the 20th of this month, or perhaps in the last week of this month. Because Trump will be sworn in on the 20th, it is expected that the market will continue to move upwards towards the end of this month. And if the market starts moving upwards, Bitcoin has the potential to easily cross $120K. However, we are expecting a new record to be seen by January, but investors should always be cautious, because nothing is certain, that is why long-term holding plans should always be made, because the possibility of Bitcoin becoming valuable in the long term is always very high. However, let's see where Bitcoin can go this month. I know Trump is a pro-Bitcoin president but I don't think anything about him will impact bitcoin. His election as president was confirmed two months ago and the markets reacted positively to the news. So his inauguration is just a formality so I don't think it will have any significant impact anymore. The opposite scenario is also possible. What I mean is “sell the news”, when the crowd and retail investors get excited about the event and think bitcoin will go up in price. Market makers, whales will take advantage of this to manipulate the market and this is not new, so don't ignore that scenario. Not to mention, Lunar New Year is also one of the biggest holidays in the Asian market and it is inevitable that they will take profit. There will be a lot of selling pressure in the market, so i don't think bitcoin will hit a new ATH this january. Title: Re: Bitcoin targets $120K in January Post by: pawel7777 on January 10, 2025, 10:49:52 PM We have an interesting situation where Fear and Greed is approaching the Fear zone:
https://www.talkimg.com/images/2025/01/10/OhOqW.png I think that's pretty unusual to see in a market where the trend is still bullish. On one hand, it could be seen as a positive side, as this means that there's a lot of room for growth, i.e. when investors calm down and their mood changes. On the other hand, it shows the market is very fragile and skittish. Title: Re: Bitcoin targets $120K in January Post by: Ever-young on January 10, 2025, 10:52:28 PM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news" It's just 10 days from now to the inauguration, and 21 days till the month of January comes to an end. Is it enough time for bitcoin to either reach $115k or go down below $90k? While we await good news after or during Trump's inauguration, we should also expect negative effects too. Any negative speech for crypto that day from Trump can tumble the market upside down the same way his chances of winning caused a heavy effect on the market increase during the election.I think 115k max in January 2025 Title: Re: Bitcoin targets $120K in January Post by: Ojima-ojo on January 10, 2025, 11:02:25 PM Yes, the Bitcoin market will start to rise at any time, especially after the 20th of this month, or perhaps in the last week of this month. Because Trump will be sworn in on the 20th, it is expected that the market will continue to move upwards towards the end of this month. And if the market starts moving upwards, Bitcoin has the potential to easily cross $120K. However, we are expecting a new record to be seen by January, but investors should always be cautious, because nothing is certain, that is why long-term holding plans should always be made, because the possibility of Bitcoin becoming valuable in the long term is always very high. However, let's see where Bitcoin can go this month. I know Trump is a pro-Bitcoin president but I don't think anything about him will impact bitcoin. His election as president was confirmed two months ago and the markets reacted positively to the news. So his inauguration is just a formality so I don't think it will have any significant impact anymore. The opposite scenario is also possible. What I mean is “sell the news”, when the crowd and retail investors get excited about the event and think bitcoin will go up in price. Market makers, whales will take advantage of this to manipulate the market and this is not new, so don't ignore that scenario. Not to mention, Lunar New Year is also one of the biggest holidays in the Asian market and it is inevitable that they will take profit. There will be a lot of selling pressure in the market, so i don't think bitcoin will hit a new ATH this january. 20th is another day and if Trump should mentioned bitcoin in his presidential speach that will also have some impact on bitcoin price also. Title: Re: Bitcoin targets $120K in January Post by: Ricardo11 on January 11, 2025, 07:04:11 AM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news" It's just 10 days from now to the inauguration, and 21 days till the month of January comes to an end. Is it enough time for bitcoin to either reach $115k or go down below $90k? While we await good news after or during Trump's inauguration, we should also expect negative effects too. Any negative speech for crypto that day from Trump can tumble the market upside down the same way his chances of winning caused a heavy effect on the market increase during the election.I think 115k max in January 2025 Title: Re: Bitcoin targets $120K in January Post by: IceLincoln on January 12, 2025, 09:01:40 AM January is another month that is looking very promising to achieve a new all time high. The bitcoin dominance is still on and for some weeks now, we haven’t seen bitcoin gone below $90K and today we have seen it rise above $100K. We can’t say that the market has gone bearish since then and that we could see another all time high soon with the bulls still having total control of the market. $120K is an achievable milestone for bitcoin in this 2025 even though it’s not going to reach that amount in this January but it should sometime this year and could be sooner than we expected. Trump effect has been felt in the past before and this time around, I don’t don’t his effect not been felt in the crypt market once he’s inaugurated as the new president of the United States of America. He has shown concern for bitcoin and made a lot of promises on particularly having a bitcoin reserve for the country. That will bring more inflow on money into bitcoin and will in return have effect on its price. Title: Re: Bitcoin targets $120K in January Post by: Swordsoffreedom on January 12, 2025, 09:22:37 AM Yes, positive or negative news in the market can change the trend in an instant. Trump's statement is especially important, because if he says something negative about crypto, it can temporarily cause panic in the market, but I don't think he will do anything like that, because he has been making positive comments about crypto since the beginning of the election, he will make Bitcoin in the part of the US economy. And he has always been positive about Bitcoin. So I don't think he will become negative for crypto after being sworn in on the 20th, there is no possibility of that at the moment. However, we will all always think positively, Trump's positive steps for crypto after being sworn in will take the market forward. For my part, I don't think Trump cares much about Bitcoin and will mention it, I believe there won't be any statements related to crypto/Bitcoin in his first days in office. But the market will certainly be volatile because any statements he makes about war, immigration, taxes...will impact the economy and thus cause a reaction in the market. The market depends largely on the health and performance of the economy so don't just focus and predict what he will say about crypto. Instead, anticipate what he will say and what he plans to do with the world economy and the markets will follow. Even if he makes positive comments about crypto/bitcoin but makes comments that make people feel inflation and the economy will become more unstable, don't expect bitcoin to react any better. Title: Re: Bitcoin targets $120K in January Post by: moneystery on January 13, 2025, 01:37:49 PM The price of Bitcoin is most likely to increase this January, because the investors who have deposited Bitcoin at the moment are for the long term. However, most of the investment institutions are always busy with Bitcoin holding, we have been able to see the most positive aspects this season. However, since the price of Bitcoin touched $108K, the most likely level is between $120K and $150K from this price. Although Bitcoin has been dumping for a while, I think it is definitely a complete high. However, we are going to create another new record very quickly this January, the possibility of breaking the previous record of Bitcoin price of $108K and creating a new record is very close. bitcoin will still be in the range of 90k-105k this month because it is still driven by negative news from the US and many holders are starting to sell their assets. even though the market will return to green near trump's inauguration, this has not been able to increase investor confidence to buy bitcoin again. and from that $120k or $150k may not be achieved this month, but it is possible in the next few months. Title: Re: Bitcoin targets $120K in January Post by: Hewlet on January 13, 2025, 03:11:08 PM inauguration will definitely have an effect toward BTC, but i'm also worried if people are "selling the news" It's just 10 days from now to the inauguration, and 21 days till the month of January comes to an end. Is it enough time for bitcoin to either reach $115k or go down below $90k? While we await good news after or during Trump's inauguration, we should also expect negative effects too. Any negative speech for crypto that day from Trump can tumble the market upside down the same way his chances of winning caused a heavy effect on the market increase during the election.I think 115k max in January 2025 trumps presidency is not just about bitcoin and so on his inauguration, he might not say much about bitcoin and even if he does, he will be obviously diplomatic in whatever statement he will make and the rest will be left for speculators to draw conclusion from and make whatever inference they wish to make out of it. like you already have some sentiment in the lead up to trumps inauguration, there are going to be some sentiment to that effect and it will affect the market in it own way either negatively or positively depending on the direction of the speculation but the fact still remains that regardless of what plays out in the build up to the swearing in as well as what happens on that day and after that day, it will not bring an end to bitcoin but the worse is that it will create a small ripple effect after which everything will die down with time. bitcoin has gone global and with interest coming in across the different part of the world, whoever goes out will only give others an opportunity to come in and come in really big. 18 days before the month comes to an end and we are still at the lower part of $93k. can we get to $120k before the 18 remaining days elapse? only time will tell. Title: Re: Bitcoin targets $120K in January Post by: jaberwock on January 13, 2025, 07:48:53 PM positive or negative news in the market can change the trend in an instant. Trump's statement is especially important, because if he says something negative about crypto, it can temporarily cause panic in the market, but I don't think he will do anything like that, because he has been making positive comments about crypto since the beginning of the election, he will make Bitcoin in the part of the US economy. And he has always been positive about Bitcoin. So I don't think he will become negative for crypto after being sworn in on the 20th, there is no possibility of that at the moment. However, we will all always think positively, Trump's positive steps for crypto after being sworn in will take the market forward. Trump will definitely talk positively about bitcoin, and maybe even crypto in general. As far as I know, there are even projects that he supports and promotes as well, dude is fully in crypto and I am not sure if he will get out. He likes doing these type of stuff because it's literally his brand, and he likes to make money as well so I do not think that he will stop anytime soon.We are going to see things change with time of course, and whoever is the next president may not be as nice to bitcoin as Trump is, or maybe even Trump could eventually change, but I do not see that anytime soon. Bad part about Trump taking power right at this moment is that we are going to have a bull run soon, but then we will have years and years until we recover, so his presidency will be just all about trying to recover from the bear market. This could make people connect him and bitcoin in a bad manner and will not remember him nicely due to bear market during his time. |