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#BTC Overview 📈
Trump's inauguration took place, and BTC reacted with a neutral-to-negative move, dropping to the
101K range. Earlier in the morning, it spiked to
110K. Let's see how the price unfolds in the coming days.
However, there are opinions, which I partially agree with, suggesting that BTC might face a significant correction. This is largely due to the fact that after the increased demand ahead of Trump's inauguration, people may start taking profits. 💸
⚠️ Additionally, keep in mind that the
U.S. will pause issuing government bonds from January 21 to March 14. This could significantly impact BTC's trajectory, as it strongly correlates with the movement of
M2 money supply, albeit with a ~70-day delay. 🕰️
#investmens
@cryptocur