Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Bitcoin Price Analysis: BTC Surges To New ATH Ahead Of Trump Inauguration

Bitcoin (BTC) surged to a new all-time high as the US readies for Donald Trump’s inauguration. The flagship currency rallied over 3% in the past 24 hours as optimism and excitement in the market continue to grow. Meanwhile, Donald Trump’s meme coin, TRUMP’s market cap soared to $12 billion just hours after launch, raking in billions in trading volume. Bitcoin Surges To New High Bitcoin (BTC) has surged to a new all-time high of $109,114 as markets brace for Donald Trump to be sworn in as the President of the United States. The flagship currency saw a sudden surge earlier today, allowing it to surge above $105,000 to its new all-time high, easily surpassing levels last seen in November following Trump’s election victory. The jump came after Trump and incoming First Lady Melania Trump launched rival meme coins, stunning the crypto market and community and forming the “God Candle” on the BTC price chart. The God Candle is a candle on the price chart that forms after the price witnesses a dramatic increase. Analysts have predicted BTC will surge to $150,000 in 2025, while more optimistic predictions put the flagship cryptocurrency at $1,000,000 in 2025. Lark Davis, a Bitcoin and crypto influencer and the writer of the Wealth Mastery newsletter stated, “History will be made on Monday when Trump becomes the first pro-crypto president in the U.S., and new all-time highs could be imminent.” A Strategic National Bitcoin Reserve Trump promised to create a strategic national Bitcoin reserve, adding that BTC could eclipse gold’s market capitalization when speaking at the Bitcoin 2024 conference. Ed Hindi, the Chief Investment Officer at Tyr Capital, believes Trump will make good on his promises within the first 90 days in office, leading to a substantial price increase. “We believe Trump will turn some of his crypto rhetoric into action in his first 90 days in office, and this should catapult prices. Creating a U.S. Bitcoin strategic reserve will be one of them. Other countries will be forced to follow suit and hence create a price action virtuous cycle.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) has surged to a new all-time high during the current session as markets rebounded after a sluggish start to the day. BTC is up almost 4% over the past 24 hours and has registered gains of over 18% over the past week. Bullish sentiment began building last week despite BTC starting on a very negative note, plummeting below $90,000 on Monday to an intraday low of $89,397. However, the price rebounded from this level to reclaim $90,000 and settle at $94,492. Sentiment changed on Tuesday as BTC went above the 20-day SMA and settled at $96,566. Buying activity registered a substantial increase on Wednesday as BTC surged past the 50-day SMA, rising nearly 4%, going above $100,000 and settling at $100,050. Source: TradingView However, it was back in the red on Thursday, dropping to an intraday low of $97,094 before settling at $99,798. BTC recovered on Friday, rising 3.94% to surge past $100,000 and settle at $103,732. However, it lost momentum over the weekend, dropping to an intraday low of $101,591 on Saturday before settling at $103,579, ultimately registering a marginal drop. BTC rose to an intraday high of $106,552 on Sunday as buyers attempted a recovery. However, it lost momentum after reaching this level, dropping just over 2% to $101,434. BTC has rallied during the current session, surging to a new all-time high of $109,350. However, it has since registered a marginal decline and is currently trading around $107,667. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Bitcoin World

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Bybit Pioneers Copy Trading for Gold & FX Markets for Crypto Communities

Dubai, United Arab Emirates, January 20th, 2025, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, is proud to announce the launch of Copy Trading Gold&FX , — an innovative feature that positions Bybit as one of the first crypto platforms to offer Copy Trading for Gold and Forex markets. This innovative feature enables users to replicate professional Gold and Forex trading strategies directly within their MT5 accounts via USDT as collateral. It simplifies access to these traditional asset classes without requiring advanced market knowledge or prior experience. “The Copy Trading feature allows users to mirror the trades of professional traders automatically, providing a structured approach to navigating the complexities of Gold and Forex markets,” said Joan Han, Sales and Marketing Director at Bybit. “This integration aims to enhance portfolio diversification, improve risk management, and create opportunities for optimized trading outcomes within the MT5 platform. Copy Trading Gold&FX is more than just a feature — it’s a gateway to smarter, more efficient trading in traditional asset markets. It represents a bold step forward in Bybit’s mission to empower every trader with the tools, resources, and opportunities they need to succeed.” Bybit continues to lead the way in delivering cutting-edge trading solutions, bridging the gap between traditional and digital finance. The introduction of Copy Trading Gold&FX cements Bybit’s position as an industry pioneer, redefining the trading experience for its users. Key Features of Copy Trading Gold&FX The feature includes a suite of tools aimed at improving trading efficiency and accessibility: Professional Expertise: Access to experienced traders specializing in Gold and Forex strategies. Risk Management: Tools designed to manage and balance risk across trading portfolios. Seamless Integration: Compatibility with MT5 ensures efficient trade execution and multi-asset trading support. Enhanced Tools: Additional features tailored for advanced users and professional trading setups. A Secure and Transparent Trading Environment Bybit ensures a secure and transparent experience for Copy Trading Gold&FX users through rigorous oversight and clear accountability. Master Traders undergo a thorough approval process to verify their expertise and reliability. Trading activities are continuously monitored to prevent manipulation, artificial order-padding, or misleading performance claims. Risk management measures include the automatic closure of follower positions if a Master Trader’s position is liquidated, ensuring fairness and consistency. Followers also have full visibility into performance metrics and trading history, enabling informed decision-making. These safeguards create an environment where traders can confidently replicate professional strategies. Structure of Profit Distribution The Copy Trading Gold&FX program operates under a clear profit distribution mechanism: Classic Plan: Focuses on Futures trading, with profit-sharing ratios deducted automatically from daily earnings. Excess deductions are refunded to followers, and profit shares are credited to Master Traders. Gold&FX Plan: Utilizes a High-Water Mark Mechanism, where profit sharing applies only when the account net value surpasses its previous peak. Bybit’s Copy Trading Gold&FX offers a structured pathway for traders to access professional strategies in traditional asset markets, fostering a balanced and transparent trading environment. #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com. For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Contact Head of PR Tony Au Bybit tony.au@bybit.com Bitcoin World