Bitcoin’s Wild Ride: $125K Surge or $77K Crash? Trump Holds the Key

Bitcoin’s price is at a crossroads: Will it soar past $125,000 or tumble to $77,000? After hitting $108,000 last month, crypto markets are in a tug-of-war. Analyst John Glover suggests we’re in a crucial Elliott wave pattern, predicting a possible dip to $89,000 before a major breakout—or a steep decline.

The wildcard? Donald Trump. Crypto eyes are on his first 100 days in office. Will he announce a Bitcoin reserve or enact pro-crypto policies to fuel the next bull run? Or could hesitation bring uncertainty to the market?

Key level to watch: $87,000. If Bitcoin holds, the sky’s the limit. But slipping below could trigger resistance and push prices lower.

With hedge funds rebalancing and institutions increasing Bitcoin allocations, January 2025 could set the tone for the entire year. Bull run or correction—what’s next for Bitcoin? Stay tuned for all the updates.