Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Bitcoin Rally Expected Before January, But Trump’s Inauguration Could Disappoint

Bitcoin Rally Expected Before January, But Trump’s Inauguration Could Disappoint

Cryptodnes2024/12/26 19:00
By: Cryptodnes
BTC+0.60%AIOLD0.00%RLY0.00%

A well-known crypto expert believes the market is poised for continued bullish momentum, even with Bitcoin (BTC) still trading under $100,000.

The analyst, known as The Flow Horse, outlined his belief that both Bitcoin and altcoins could see significant price increases in the near future. He suggests the window of opportunity for such gains could last until the second week of January.

This positive outlook is partially fueled by expectations that the incoming administration under Donald Trump will be favorable for crypto. Trump has expressed support for ending the U.S. government’s anti-crypto stance and even proposed a Bitcoin treasury to help stabilize the country’s finances. However, the analyst warns that this bullish sentiment may start to dissipate as the inauguration date approaches.

According to The Flow Horse, traders could be overestimating the extent of Trump’s ability to push his crypto-friendly policies through Congress, which could lead to a reality check once he takes office in January 2025.

READ MORE:
Bitcoin, Memecoins, and AI Coins Set for Major Growth in 2025 Amid Regulatory Shifts

The Flow Horse also cautions that the crypto market may reach a local peak around the time of Trump’s second term inauguration. He notes that many traders seem to be under the impression that crypto will continue to rise due to Trump’s presidency, but he believes the market could soon face a correction.

Looking at the broader economic context, the analyst emphasizes that capital remains more expensive than during the 2020 cycle, when low interest rates and stimulus measures played a key role in boosting the market. He warns that for the market to significantly outperform the previous cycle, there needs to be a solid explanation for how this will happen without the same level of support from credit markets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitget Incentive Program: Win up to 1,100 USDT Per Week
Bitget Announcement2025/10/25 16:00
CandyBomb x MET: Trade futures to share 20,000 MET!
Bitget Announcement2025/10/24 09:00

Trending news

More
1
CandyBomb x COMMON: Trade futures to share 1,111,111 COMMON!
2
Stock Futures Rush(Phase 3): Trade popular stock futures and share $200,000 in equivalent MSTR tokenized shares. Each user can get up to $8,000 MSTR.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,424.98
+1.54%
Ethereum
Ethereum
ETH
$4,217.14
+3.46%
Tether USDt
Tether USDt
USDT
$1.0000
-0.00%
XRP
XRP
XRP
$2.69
+2.47%
BNB
BNB
BNB
$1,147.84
+1.55%
Solana
Solana
SOL
$201.88
+1.22%
USDC
USDC
USDC
$0.9999
+0.01%
Dogecoin
Dogecoin
DOGE
$0.2053
+1.30%
TRON
TRON
TRX
$0.3003
+0.32%
Cardano
Cardano
ADA
$0.6819
+0.91%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter