#BTCOutlook
Over the past week, Bitcoin (BTC) has experienced significant volatility. After reaching an all-time high of approximately $108,000 on December 17, 2024, citeturn0news24 the cryptocurrency's price declined to around $95,000, influenced by rising Treasury yields and profit-taking by long-term holders. citeturn0news16 This fluctuation underscores Bitcoin's sensitivity to macroeconomic factors and investor sentiment. Despite the recent downturn, Bitcoin has appreciated by over 100% in the past year, citeturn0search0 reflecting sustained institutional interest and growing mainstream acceptance. Looking ahead, the market anticipates potential regulatory developments under the incoming Trump administration, including the possibility of a U.S. strategic Bitcoin reserve, citeturn0news23 which could significantly impact Bitcoin's future performance.
