Bitcoin will experience an increase in Q1 2025. Bitcoin's upward trend will continue after the inauguration of the new president of the United States next year.
According to a report from Copper.co, a digital asset custodian company, Bitcoin's upward trend is likely to continue into next year.
Referring to CoinMarketCap on Saturday (9/11/2024) at 10:37 WIB, the crypto market rose collectively. Bitcoin was at US$76,299.89 and weekly was in the positive zone of 9.59%. Ethereum appreciated 18.38% in the last week to US$2,968.79.
"We have back-tested the ETF's accumulation trend against potential price ranges. Bitcoin hitting US$100,000 is very likely when the 47th US President is inaugurated on January 20, with the ETF holding around 1.1 million Bitcoin."
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