Bitcoin's expected rally in 2025 might face challenges despite Donald Trump's pro-crypto stance. The crypto market shows mixed trends following the FOMC meeting and holiday season in early 2025.
10x Research suggests Q1 2025 may not match past momentum levels due to CPI data release on January 15. A favorable CPI might spark optimism and a rally until Trump’s inauguration.
However, Mark Thielen warns of a potential market pullback before the FOMC meeting, with Bitcoin predicted to range between $96k and $98k by end of January.
Bitcoin achieved new all-time highs in Q4 2024 after Fed's rate cuts, boosting the crypto market. Apple's dominance climbed, affecting altcoins significantly.
Bitcoin's dominance rose to 60%, making it hard for altcoins to gain ground. A brief dip to 53% inspired hopes of an altcoin season, but dominance quickly rebounded to around 55%.
Investors are urged to monitor Bitcoin's dominance closely as it stabilizes at 55% and trades at $99,225.
Analysis predicts Bitcoin could peak at $150k or higher, potentially reaching $200k by year-end, according to CoinShares and Bitwise predictions.
