$BTC
As of January 7, 2025, Bitcoin (BTC) is trading at approximately $101,801, reflecting a 2.1% increase from the previous close.
Analysts have varying predictions for Bitcoin's near-term performance:
Potential Upside: FxPro analyst Alex Kuptsikevich suggests that a solid break above $97,000 could lead to new highs above $110,000.
Potential Downside: Some experts caution about a possible drop toward $77,000, depending on upcoming regulatory actions.
Additionally, forecasts from 30rates.com predict Bitcoin prices ranging from $98,221 to $110,561 over the next two weeks.
Please note that cryptocurrency markets are highly volatile, and predictions can change rapidly. It's advisable to conduct thorough research and consider multiple sources before making any investment decisions.