**Bitcoin Market Update**
📉 **Volume Drop**: Since its November peak, Bitcoin's trading volume has fallen by 97%, signaling reduced liquidity.
📈 **Price Rise**: Despite the drop in volume, Bitcoin's price has risen to $96,000. However, it remains below the 50 EMA, indicating a bearish outlook unless it breaks above this resistance level.
🔑 **Support Levels**: Key supports lie at $85,000 and $76,500 if the price faces rejection at $96,000.
🚀 **Future Projections**:
- H.C. Wainwright forecasts Bitcoin could hit **$225,000 by end-2025**, driven by:
- 📜 Regulatory clarity under a pro-crypto U.S. administration.
- 🪙 Adoption of spot Bitcoin ETFs boosting demand.
- 📉 The April 2024 halving event increasing scarcity.
💼 **Institutional Growth**: Bitcoin’s integration into corporate treasuries and portfolios strengthens its role as "digital gold."
⚠️ **Market Risks**: Potential for 20-30% drawdowns during bull runs; volatility remains a key factor.
By 2025, Bitcoin is poised to solidify its position in global financial systems.
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