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Author Topic: Bitcoin targets $120K in January  (Read 675 times)
Popkon6
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January 10, 2025, 06:21:34 AM
 #101

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.

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JeffBrad12
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January 10, 2025, 08:18:36 AM
 #102

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.
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.
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.

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Ricardo11
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January 10, 2025, 08:18:48 AM
 #103

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.
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.
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January 10, 2025, 10:02:01 AM
 #104


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.

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pawel7777
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January 10, 2025, 10:49:52 PM
 #105

We have an interesting situation where Fear and Greed is approaching the Fear zone:

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.

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January 10, 2025, 10:52:28 PM
 #106

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

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.

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Ojima-ojo
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January 10, 2025, 11:02:25 PM
 #107


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.
The highest impact Trump can get on Bitcoin price have happened already during the campaign and the run up of the election when we saw how bitcoin jumped to a price that is above $100k + which was a great sight to behold with bitcoin doing multiple all time high prices within the shortest space of time.


20th is another day and if Trump should mentioned bitcoin in his presidential speach that will also have some impact on bitcoin price also.

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January 11, 2025, 07:04:11 AM
 #108

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

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.
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.
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January 12, 2025, 09:01:40 AM
 #109


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.
I like the word Trump Effect, without a doubt his pronouncements and visible support of cryptocurrency had a great influence in the market, while he was President-Elect imagine what will happen when he’s on seat. It just happened that his election came after the halving which also had its impact on the market. These two events combined were what gave rise to the ATH of bitcoin last year. This year we’re gonna see a new streak of ATH when Trump is President.

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January 12, 2025, 09:22:37 AM
 #110


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.

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January 13, 2025, 01:37:49 PM
 #111

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.

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January 13, 2025, 03:11:08 PM
 #112

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

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.

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.

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January 13, 2025, 07:48:53 PM
 #113

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.

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