On January 20, 2025, Bitcoin (BTC) soared to 109,356 USD, marking a new all-time high. This surge comes amid growing speculation surrounding the likelihood of Donald Trump setting up a Bitcoin reserve, as indicated by Polymarket’s data.
Despite the price rally, analysts warn that late investors could suffer from significant unrealized losses. The trading environment exhibits volatility, with a substantial presence of sell orders at the 110,000 USD level, making it challenging for buyers.
With increased speculation over a future Bitcoin reserve under Trump’s administration, the odds now stand at 60%. As the market fluctuates, traders are advised to approach carefully due to potential liquidation risks.
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