#BTCOutlook Bitcoin has recently experienced significant volatility.
In early December, $BTC
surpassed the $100,000 mark, reaching an all-time high of over $107,000.
This surge was influenced by political developments, notably President-elect Donald Trump's pro-crypto stance, which has bolstered investor confidence.
However, recent comments from Federal Reserve Chair Jerome Powell, suggesting a potential slowdown in rate cuts, have introduced uncertainty, causing Bitcoin to dip below $100,000.
Despite this, Bitcoin remains up 50% since early November and 130% over the past year.
Looking ahead, some analysts predict Bitcoin could reach $150,000 by 2025, though potential volatility is anticipated. My OWN Prediction (@cryptoloverartist ) says BTC will cross $130k by 2025 end so it's still a STRONG BUY (long term)
Investors should stay informed and exercise caution in this dynamic market though. Short term, a little more correction expected especially as Sunday is low volume day!