#BTCBreaksATH
Bitcoin Price Hits $110K: Trump Coin & BTC Reserve Impact Explained$BTC
Highlights
: Bitcoin price today is up 8% and has hit a new all-time high of $110,000.
: This devleopment comes after BTC tagged the $100K key support level.
: Investors can expect a sudden crash if the $100K support barrier is breached to the downside.
After a swift recovery on January 19, Bitcoin created a bearish swing failure pattern on the daily chart, leading to a 6.33% crash. Regardless of the short-term correction, Bitcoin price today is up 3.17% and hit a new all-time high (ATH) of $110,000. This development comes ahead of Trump’s inauguration as the odds of a strategic Bitcoin reserve spike to 59% in just a few minutes.