January 20, 2025, Marks a Pivotal Moment for Both the United States and the Cryptocurrency Market, as Donald Trump Will Be Taking His Seat Officially as President

The anticipation surrounding his inauguration has already sent ripples of excitement through the digital asset space, fueling a strong pre-inauguration rally.

As Donald Trump officially takes his seat as President on January 20, 2025, the cryptocurrency market is buzzing with anticipation.

The pre-inauguration rally has reached new heights, with Bitcoin (BTC) already shattering its previous all-time high and hitting a fresh peak of $109,000 in daily trading. Binance Coin (BNB), on the other hand, is poised for a potential breakout that could follow Bitcoin’s lead.

Adding to the optimism is a critical metric that points toward another major Bitcoin price rally. The focus is on Binance’s 30-day exchange net flow moving average (SMA30), a key indicator that is closely tied to Bitcoin’s price movements.

Historically, this metric has provided reliable signals for significant market shifts, and current trends suggest a new high for Bitcoin may be just around the corner.

As Bitcoin price’s trajectory often sets the tone for the broader market, any further surge could trigger a cascading effect, pulling Binance Coin and other cryptocurrencies into a wave of bullish momentum.

With the crypto sector closely tracking these developments, all eyes are on what’s next for these market leaders. Keep reading as this historic day unfolds, bringing with it the potential for new milestones in the crypto world.

Binance Coin Poised for Breakout as Bitcoin Surges

Binance Coin, the native crypto of the most popular exchange Binance, is trending because of the great upward trajectory it has shown in years, and an extension in the rally is expected when Bitcoin rallies massively.

This week, together with Bitcoin and Binance Coin’s popularity, the exchange Binance has gotten into trend, with most people noticing its latest netflows. As per the CryptoQuant, Binance’s 30-day Netflow moving average (SMA30) is a key indicator, signaling the market’s next move.

When this metric turns positive, it typically suggests a bearish outlook. It means more Bitcoin is being deposited onto the exchange, which, in turn, could lead to selling pressure and a potential price drop.

On the other hand, when the SMA30 moves negative, it signals a bullish trend as investors withdraw their Bitcoin, reducing the available supply on exchanges.

For instance, this pattern was notably visible in May 2024 when the SMA30 turned positive, coinciding with the Bitcoin price’s fall from $71,000 to $50,000. At that time, the surge in net flows to Binance indicated growing bearish sentiment as investors sought to liquidate.

Yet, just a few months later, on November 8, 2024, the SMA30 turned negative, triggering a price rally. Bitcoin price skyrocketed from $74,000 to $108,000 as the reduced supply on exchanges sparked renewed investor confidence.

Fast forward to January 2025, and the Binance Netflow SMA30 is back in focus. Earlier in the month, the metric briefly turned positive, causing Bitcoin’s price to dip from $100,000 to $90,000.

But a dramatic shift occurred on January 18, when the SMA30 moved into negative territory. By January 20, it had reached -241.49, signaling a stark turn in market sentiment.

This negative reading is a strong indicator that Bitcoin price is leaving the Binance exchange in favor of non-exchange wallets. This often signifies long-term holders believing in the asset’s future value.

Historically, this has been a precursor to bullish price action, as reduced exchange supply eases selling pressure, making room for price growth.

With this shift, it seems that Bitcoin price might be on the cusp of another major rally extension. As users move their coins off exchanges, it creates a supply squeeze and, with it, the potential for a strong upward momentum.

All eyes are now on the market to see if history will repeat itself and push Bitcoin price to new heights and other altcoins like Binance Coin.

Bitcoin ETFs See Net Inflows of $1.86 Billion in 3 Weeks

In recent weeks, Bitcoin ETFs have experienced an impressive net inflow of $1.86 Billion, continuing a three-week streak of positive inflows. This surge in investment reflects a growing sense of optimism within the crypto community.

As the market anticipates potential regulatory clarity and stability, Donald Trump’s inauguration is boosting this sentiment and is expected to fuel further momentum in the crypto sector.