Bitcoin: Expectations of New Growth

🟠On January 20, 2025, Bitcoin reached an all-time high of $109,114 amid the inauguration of the new president. However, its price has since corrected to $104,883. Members of the crypto community remain optimistic, believing that government initiatives, including the creation of a national Bitcoin reserve, will support further cryptocurrency growth.

🟠Analysts predict the upward trend will continue. Some foresee BTC surpassing $200,000 by October, with $120,000 as the next immediate target. However, if the week closes below $106,000, a correction to $90,000 could be likely.