Analyst James Van Straten suggests that January 20, 2025, the day of President-elect Donald Trump's inauguration, could be a significant bottom for Bitcoin in its current cycle. This prediction is based on Treasury Secretary Janet Yellen's warning that the US could reach its debt limit between January 14 and 23 of that year. Historically, debt ceiling increases have coincided with bearish signals for Bitcoin, and Van Straten draws parallels between Bitcoin's current price action and its performance during previous market cycles. The analyst points to potential challenges for Bitcoin due to the broader economic uncertainty surrounding the debt ceiling and the political transition period.



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