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New Bitcoin Trading Signal Targets $120,000 by Trump’s January Inauguration Ceremony.

This optimism aligns with U.S. stocks entering one of the most...

Author

Markus Thielen
December 15, 2024

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👇1-13) Bitcoin’s rally has resumed after a brief consolidation. As we highlighted on Friday, cryptocurrency exchanges are experiencing massive outflows, significantly reducing the availability of Bitcoin on trading platforms. Simultaneously, OTC desks are running low on inventory. Together, these factors indicate a potential squeeze in Bitcoin prices.

👇2-13) Additionally, we’ve received a new trading signal for Bitcoin, which warrants serious consideration based on the proven accuracy of our Trading Models (10 out of 12 were successful). This signal suggests that Bitcoin could surge to $120,000 by Trump’s inauguration on January 20, 2025.

10x Research Trading Signals for Bitcoin (10 out of 12 were successful)

👇3-13) Although the three December catalysts we identified—MicroStrategy's inclusion in the S&P 500 (50% probability), Microsoft's proposal to adopt Bitcoin as a treasury asset (10% probability), and the FASB accounting rules for fair-value reporting of crypto assets (100% probability)—have now occurred, their full impact has yet to unfold. Notably, MicroStrategy was not added to the S&P 500 but to the Nasdaq 100, which could drive increased buying activity this week. Additionally, the company may issue more convertible bonds to expand its Bitcoin holdings, making a Bitcoin breakout highly likely this week.

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