On January 20, Trump officially takes office, and we feel the impact on the Bitcoin 
$104,585 price chart. BTC surged above $105,000. We had shared several warnings this week about the anticipated rise, and our predictions have materialized. If this movement does not turn into a sell-off, we can expect similar activity on Sunday.
Weekend Bitcoin Predictions
Today, we will likely see that US ETF data has been extremely favorable for cryptocurrencies. As investor risk appetite recovers, BTC finds itself at exciting levels again. The negativity that has persisted since mid-December appears to have dissipated for now. If this is solely due to Trump’s inauguration, he will be in office for four years.
Due to the excitement surrounding the transition of power on Sunday, we may witness a rise extending into Monday. Depending on the strength of the ETF data, altcoin investors might take advantage of final buying opportunities this weekend. Many cryptocurrencies have yet to reach last year’s peaks.
Insights from Bitcoin Experts
The news flow remains supportive, and we do not anticipate any major macroeconomic events next week. The most exciting development for cryptocurrency investors will be the swift installment of Trump’s administration, which is expected to take necessary actions focused on crypto. Michael Poppe suggests that this optimism will reflect on altcoins, predicting that STX Coin will directly benefit from the BTC surge and reach $2.
Kyle is pleased with the Coinbase Premium Index’s return to positive territory. With the rise in BTC prices, interest from US-based investors has exceeded global demand, confirming Trump’s excitement has gained national traction. It would be fantastic if we can observe this in the ETF data hours later.
Moreover, the US stock markets are performing well. The increase is strong, and buyers are seizing last-minute opportunities before the week ends. Kyle argues that the Coinbase data signals a new opportunity.
Roman Trading is known for its cautious evaluations and claims that the next target for BTC is $113,000. The analyst believes we will witness a new rally between $113,000 and $140,000, suggesting that a period where long-term investments yield returns has now begun.
