A cryptocurrency analyst known as The Crypto Dog predicts that Bitcoin (BTC) 
$98,244 and other crypto assets may struggle to maintain momentum during the first week of 2025. In remarks made on the social media platform X, this pseudonymous trader highlighted that the market might follow a different course compared to previous presidential election cycles.
Crypto Expectations for January 20, 2025
The Crypto Dog stated, “It seems unlikely that the market will return to an upward trend before President Donald Trump’s inauguration.” Similar predictions were made by Arthur Hayes, albeit with a different perspective regarding the aftermath of January 20. Hayes claimed that Trump’s taking office could trigger a significant sell-off. However, as January approaches, the market has made a strong start, with BTC hovering above $97,000 despite low trading volumes.
The analyst believes that Trump’s inauguration on January 20 could serve as a strong catalyst for driving Bitcoin and altcoins higher.
Looking at historical data, The Crypto Dog noted that Bitcoin gained value after President Joe Biden’s transition into the White House in January 2021.
“You can observe the behavior of our instruments in January 2021… there was a decline until January 20, followed by an increase of over 100%.”
The analyst mentioned that while historical trends suggest a consolidation phase, his position could lose validity if the S&P 500 index remains strong.
“Post-election January almost always signifies a rise solely for stocks. Bitcoin ETF activities have shown considerable alignment since their launch.”
Despite what traders claim, no one can truly predict the future, and the unfolding events on January 20 will reveal what happens next. According to the analyst, the future performance of Bitcoin and other crypto assets may largely depend on political developments. Investors can shape their strategies by following market trends in light of historical data. Additionally, the relationship between the crypto market and broader economic indicators may also play a crucial role in investment decisions.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
