The Crypto Dog, a well-known crypto trader, predicts that Bitcoin and the overall digital asset market will remain stagnant in the early weeks of 2025. He believes that bullish momentum will only return once President-elect Donald Trump is inaugurated on January 20th. The trader points to historical data, where Bitcoin rallied after President Joe Biden's inauguration in 2021 and during the 2017 cycle. However, the trader states that this prediction may be challenged if the S&P 500 continues to display strength. At the time of writing, Bitcoin is valued at $98,219.
- Content Editor ( dailyhodl.com )
- 2025-01-05
Analyst Sees Bitcoin (BTC) and Crypto Getting Pinned Down Until Later This Month – Here’s Why