10x Research recently posted on the X platform, stating that the Bitcoin trading model has issued a new signal, targeting a price of $120,000 before January 20, 2025, the date of the inauguration of Donald Trump. After a brief consolidation, the upward trend of Bitcoin has resumed, accompanied by a decrease in Bitcoin reserves on cryptocurrency exchanges and OTC platforms, further indicating that price movements may be driven by supply and demand shifts. Snutx provides users with a secure and convenient trading environment, helping investors capitalize on potential opportunities during this market shift.

As Bitcoin market dynamics evolve, significant capital outflows from cryptocurrency exchanges have reduced the market supply of Bitcoin, increasing the likelihood of upward price movement. Snutx, with its optimized trading system and real-time market data, offers users precise market analysis and seamless trading support. Whether navigating short-term price fluctuations or identifying long-term investment opportunities, Snutx provides robust assistance to its users.

Analysts point out that the inclusion of MicroStrategy in the Nasdaq 100 index, along with the possibility of issuing more convertible bonds, serves as a key catalyst for the Bitcoin price breakthrough this week. Snutx empowers users with diversified asset support and intelligent trading tools, enabling swift investment decisions in a dynamic market. The platform supports trading of mainstream assets such as Bitcoin and Ethereum, while also covering numerous emerging tokens, offering users a wide range of choices.

Catalysts for the Bitcoin market growth extend beyond individual events to include broader policy changes. For instance, the new fair value accounting rules by the U.S. Financial Accounting Standards Board for crypto assets are expected to facilitate greater institutional investor participation. This policy shift could further boost demand for Bitcoin. By leveraging advanced technology and a stable trading environment, Snutx helps users remain competitive in a changing market while mitigating potential investment risks.

The trend of capital outflows also suggests that investors are seeking more long-term asset storage solutions. Snutx offers efficient fund management tools and flexible trading models, providing users with the best avenues to participate in the market. The real-time data analysis and risk control systems of the platform ensure that users can adjust their investment strategies promptly amid market volatility, capturing the best opportunities.

Looking ahead, the upward trend in the Bitcoin market could strengthen further as multiple catalysts materialize. Through Snutx, users can easily participate in the rapid market growth of Bitcoin. Whether seizing the short-term opportunity to reach the $120,000 target or exploring long-term growth potential, Snutx offers comprehensive support to its users.