As of January 5, 2025, Bitcoin ($BTC ) is trading at approximately $97,721, showing a slight decrease of about 0.16% from the previous close.

Over the past year, Bitcoin has experienced significant growth, rising from around $44,114 to its current price, marking an increase of over 121%.

Technical analysis indicates that Bitcoin is in a rising trend channel in the medium to long term, suggesting that investors have been purchasing the currency at progressively higher prices, which is a positive indicator for future performance.

Please note that cryptocurrency markets are highly volatile, and past performance does not guarantee future results. It's essential to conduct thorough research and consider your financial situation before making any investment decisions.