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Bitcoin trading volume key to January rally

As of January 3, Bitcoin’s trading volume dropped significantly, standing 91% lower than December’s peak of 743 million USD. The reduced volume has constrained BTC’s price momentum, which dipped below the crucial 100,000 USD mark as market illiquidity persists.

Analysts forecast Bitcoin trading between 95,000 USD and 110,000 USD by January’s end, driven by anticipated market recovery. The inauguration on January 20 might influence crypto policies, offering a more favorable environment, though immediate significant growth is not expected.

Bitcoin might reach between 160,000 USD and 200,000 USD by 2025, as investors’ risk appetite is boosted by potential US policy improvements. The overall crypto market sentiment remains optimistic, anticipating growth, contingent on increased trading volume and market liquidity.

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