Bitcoin enthusiasts are buzzing with predictions of a price bounce above $100,000, despite the current holiday-induced market lull. Since December 19, Bitcoin has dipped 9.7% from its peak of over $108,300. Analysts like Ryan Lee from Bitget Research anticipate a rebound to $105,000 post-Christmas as market activity resumes. However, Bitcoin ETFs are struggling, with a four-day outflow streak totaling $338 million. Despite this, a positive funding rate on Binance suggests a buyer-driven market. Looking ahead, experts foresee Bitcoin potentially reaching $160,000 by 2025.
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