Jan 20, 2025: What will happen to Bitcoin on this date?

Elon musk is an advocate of Crypto currencies. He's a dear supporter of Donlad Trump-

After his re-election as US president, Donalnd Trump has stated that US will buy Bitcoin reserve.

So far for its history, US had cash and Gold reserves and perhaps other commodities reserves. Trump is bein re-instated USA president on January, 20, 2025.Now adding Bitcoin as a reserve currency will of-course has its impact on Botcoin and other crypto currencies. But what kind of impact will it be?

it’s expected that Bitcoin price (and other crypto currencies) will surge to higher limits on this date and the following weeks/months.

From events in his previous term as US president, we know that not all Trump’s promises will be a reality. The promise of Bitcoin as reserve Currency may be still a new promise that may or may not come true.

But speculation around this and other news has already pushed bitcoin to high limits in 2024. Bitcoin hit 100,000 USD per Bitcoin already in 2024 (all-time high.) Expected that Bitcoin price will bit 125,000 to 130,000 USD price by Q1 2025. If it happens, then expectation of 150,000 USD to 1 Bitcoin price by mid-2025 is also realistic.

Note: The opinions expressed in this article are purely from the point of view of the Author. Any expectations done shouldn’t be base to financial decisions. Any Loss due to using the information in this article will not be beard by Author or Medium.com

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