Bitcoin (BTC) traders are bracing for volatility as the US approaches the Presidential inauguration on January 20, 2025. With the US dollar reaching its strongest level since late 2022, traders are closely watching significant resistance at 97,000 USD and support levels below 90,000 USD.
The Federal Reserve’s upcoming interest rate decisions, combined with critical inflation data releases, will significantly impact Bitcoin pricing. A newly proposed framework called Goldinals aims to enhance Bitcoin’s programmability and security, affecting the broader crypto ecosystem.