How Trump’s inauguration could trigger a Bitcoin rally OR a crash – BitRss

• BTC ($94,375.48)’s STH MVRV seemed to be at an inflection point that could fuel or dump BTC
• Options traders increased hedging activity ahead of Trump’s inauguration

Bitcoin [BTC] is at a crossroads ahead of Donald Trump’s presidential inauguration on 20 January. That’s not all though, as a key valuation indicator, STH (short-term holders) MVRV, has retreated to a pivotal point too. 

Is another ‘Trump pump’ likely?

At press time, the STH’s realized price was valued at $86k. Factoring the STH MVRV level, this could be a bullish trigger for BTC, according to CryptoQuant analyst Axel Adler. Adler noted, 

“Currently, the STH Realized Price stands at $86.8K. If demand persists until Trump’s inauguration, the STH RP could rise to $90K. Should the president fulfill even some …