King cryptocurrency The unit regained $101,000 in the new year after a long period of time. For investors, this reversal is positive and motivating for new highs above $108,000. What about cryptocurrencies? BTC Why did it rise again under his leadership?
Bitcoin Rising
altcoins After the last painful drop to $108,000, the rise started again. BTC price It reached $101,000 again after the opening of the US markets. For closings to continue at these levels, $102,000 must be exceeded. Otherwise, the last rise may turn into a failed attempt.
Saylor’s continued rise BTC It spells disappointment for futures traders who saw the purchase as a short-selling opportunity. BTC, which has been falling every time, now seems to be trying to give a bad surprise to investors looking for easy profits.
Maintaining six-digit prices may provide an opportunity for altcoins to return to previous levels. SOL Coin It has already returned to the key threshold of $222 and moving away from the $0.38 resistance, DOGE price is targeting $0.4 highs. Trump’s inauguration on January 20 will end the regulatory pressure on cryptocurrencies and allow US-based crypto companies to act more freely.
This is also extremely positive for the global reputation of cryptocurrencies. After exactly 18 days, BTC is back above $101,000.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
