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MainNewsBitcoin $120...

Bitcoin $120K Predictions Surge with Trump’s Inauguration


by Lipika Deka
for CoinEdition
Bitcoin $120K Call Options Rise as Trump’s Policies Excite Traders
  • Bitcoin rallies as Trump’s pro-crypto policies stir optimism ahead of inauguration.  
  • $120K BTC call options dominate Deribit, with $1.52B in open interest.  
  • Analysts predict a Wyckoff accumulation pattern fueling a potential uptrend. 

Bitcoin market sentiment has reached a fever pitch as traders anticipate pro-crypto shifts once Donald Trump assumes the presidency on January 20th. Investors are betting on a historic rally that could catapult prices to $120,000 or beyond. 

With Bitcoin trading near $101,810, exchanges like Deribit have seen a surge in interest for the $120k BTC call option, now at $1.52 billion. Greg Magadini, director at Amberdata, suggested that bullish momentum may be driven by policy announcements and favorable sentiment surrounding Trump’s crypto stance.

Technical Analysis: Two Potential Sce…

The post Bitcoin $120K Predictions Surge with Trump’s Inauguration appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Beats Gold in South Korea’s Latest Investor Sentiment Survey

Bitcoin Beats Gold in South Korea’s Latest Investor Sentiment Survey

A new survey shows that South Korean crypto investors are leaning more toward Bitcoin...
Fear and Greed Stabilizes as Bitcoin Sets the Stage for Crypto’s Next Surge

Fear and Greed Stabilizes as Bitcoin Sets the Stage for Crypto’s Next Surge

The cryptocurrency market is showing signs of a possible bullish wave as several indi...
MainNewsBitcoin $120...

Bitcoin $120K Predictions Surge with Trump’s Inauguration


by Lipika Deka
for CoinEdition
Bitcoin $120K Call Options Rise as Trump’s Policies Excite Traders
  • Bitcoin rallies as Trump’s pro-crypto policies stir optimism ahead of inauguration.  
  • $120K BTC call options dominate Deribit, with $1.52B in open interest.  
  • Analysts predict a Wyckoff accumulation pattern fueling a potential uptrend. 

Bitcoin market sentiment has reached a fever pitch as traders anticipate pro-crypto shifts once Donald Trump assumes the presidency on January 20th. Investors are betting on a historic rally that could catapult prices to $120,000 or beyond. 

With Bitcoin trading near $101,810, exchanges like Deribit have seen a surge in interest for the $120k BTC call option, now at $1.52 billion. Greg Magadini, director at Amberdata, suggested that bullish momentum may be driven by policy announcements and favorable sentiment surrounding Trump’s crypto stance.

Technical Analysis: Two Potential Sce…

The post Bitcoin $120K Predictions Surge with Trump’s Inauguration appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Beats Gold in South Korea’s Latest Investor Sentiment Survey

Bitcoin Beats Gold in South Korea’s Latest Investor Sentiment Survey

A new survey shows that South Korean crypto investors are leaning more toward Bitcoin...
Fear and Greed Stabilizes as Bitcoin Sets the Stage for Crypto’s Next Surge

Fear and Greed Stabilizes as Bitcoin Sets the Stage for Crypto’s Next Surge

The cryptocurrency market is showing signs of a possible bullish wave as several indi...