Bitcoin (BTC ($105,470.00)) 
$98,342 price is hovering around $98,000 over the weekend, showing promising signs for the new week. After nearly two weeks of negative trends, the markets are bracing for Donald Trump’s inauguration on January 20. What is the current status of Bitcoin and altcoins?
Current Bitcoin Status
Due to fluctuations in the past 24 hours, there was a liquidation of $164 million. Liquidations decreased by 26% compared to the previous day. The Bitcoin (BTC) price is currently lingering at $98,425.
BTC continues to hold $91,500 as a support level, requiring daily closures above $95,000 for a sustained upward trend. If the positive sentiment persists, we might see the BTC price reaching six figures as we approach January 20.
In scenarios where $102,000 is regained, BTC is expected to reach $110,000.
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