Analyst Says Bitcoin Is Entering Second ‘Price Discovery Uptrend’, What’s Ahead For BTC?

Analyst Says Bitcoin Is Entering Second ‘Price Discovery Uptrend’, What’s Ahead For BTC?


As the new crypto-friendly administration takes office, crypto investors expect a likely volatile market. However, some analyst shared their bullish predictions as Bitcoin (BTC) hit its latest all-time high (ATH) of $109,000.

Bitcoin Hits New ATH On Inauguration Day

Last week, Bitcoin surged past the $100,000 barrier for the first time in over ten days amid the bullish expectations of January 20. The flagship crypto continued consolidating above this key level over the weekend, fueled by US President Donald Trump’s latest crypto moves.

On Friday, the incoming US President surprised the crypto industry by launching his official TRUMP memecoin. The token saw a massive surge, hitting a $75 all-time high (ATH) and a market capitalization of $15 billion but facing significant backlash from the crypto

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