The upcoming inauguration of Donald Trump could potentially trigger a bullish rally for Bitcoin. However, concerns over federal rates and the influence of the Federal Open Market Committee (FOMC) may hinder investor optimism and cause BTC prices to slump. The next FOMC meeting is scheduled for January 29, with an 88.8% probability of federal rates falling between 425 and 450 base points. Markus Thielen, the founder of 10x Research, expects a strong start for Bitcoin in early January, followed by a slight correction before the release of Consumer Price Index (CPI) inflation data on January 15. He believes a positive CPI result could push Bitcoin prices up leading into the inauguration. However, Thielen also cautions that the FOMC meeting may dampen Bitcoin's momentum. The Federal Reserve's communication timing and the speed at which institutional investors re-engage with the crypto market will also play a role in determining Bitcoin prices. Thielen projects BTC's price to settle between $97,000 and $98,000 by the end of the month. Another expert, John Glover, predicts Bitcoin's price to drop to $89,000 before rebounding to $125,000 by the end of the first quarter. He further forecasts a retracement to $100,000 before reaching $160,000 by the end of 2025 or early 2026.



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