As the inauguration of President-elect Donald Trump approaches, traders are optimistic that Bitcoin (BTC) will break past its record high of $108,000. Following a report that alleviated inflation concerns, Bitcoin has seen an 11% increase from recent lows and has surpassed the $100,000 mark. Analysts anticipate a potentially pro-crypto announcement from Trump on his first day in office, which could significantly influence Bitcoin's price movement. Experts suggest that if Trump announces the creation of a strategic Bitcoin reserve, it could lead to asymmetric price discovery, pushing BTC beyond previous highs. The overall market is also reacting favorably to this political shift, as traditional assets like the Nasdaq have shown strong performance, which is positively correlated with Bitcoin. Analysts predict increased volatility in the coming week, with potential price swings of +/-10% across major cryptocurrencies as the market responds to announcements from the new administration.

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