An expert has predicted a Bitcoin crash for January but also set a target price of $75,000 before Donald Trump takes office. At present, Bitcoin's price is fluctuating between $89,000 and $98,000, causing anticipation among traders.
The cryptocurrency's oscillating price trend follows a significant surge after breaking away from a seven-month downtrend. Many analysts had anticipated Bitcoin reaching the $100,000 mark earlier, but various market dynamics are influencing current price behaviors.
Factors behind these market dynamics include recent economic developments and regulatory changes that could impact Bitcoin’s price trajectory. Investors are closely watching for signs of a potential surge or crash.