$BTC Bitcoin (BTC) has recently experienced notable price fluctuations, reflecting the dynamic nature of the cryptocurrency market.

In December 2024, Bitcoin reached an all-time high of approximately $108,300. Since then, it has retracted to levels below $100,000, with current trading around $97,996.

Analysts offer varying projections for Bitcoin's trajectory in 2025. John Glover, Chief Investment Officer at Ledn, suggests that Bitcoin could rise to over $125,000 or fall toward $77,000 in the first quarter, depending on policy actions by President-elect Donald Trump. Alex Thorn of Galaxy Digital forecasts that Bitcoin's price could exceed $150,000 in the first half of 2025 and potentially reach $185,000 by year's end, driven by increased institutional adoption.

Market sentiment is also influenced by macroeconomic factors, including stock market performance and regulatory developments. Recent declines in global stock markets have coincided with Bitcoin's price dip, suggesting a correlation between traditional financial markets and cryptocurrency valuations.

Investors should remain vigilant, as the cryptocurrency market is inherently volatile. Staying informed about policy changes, market trends, and global economic indicators is crucial for making sound investment decisions.