Bitcoin (BTC) has shown strong upward momentum in 2024, with prices continuously setting new historical highs. According to the latest data, Bitcoin's price broke through $107,000 on December 17th, reaching $106,031.81[^0^]. This price has increased by over 170% compared to around $40,000 at the beginning of the year[^1^]. Recently, the Bitcoin market has experienced significant volatility, influenced on one hand by increased confidence from institutional investors and changes in regulation, and on the other hand related to global monetary policy and market liquidity. Although Bitcoin's price may experience significant fluctuations in the short term, most analysts and investors remain optimistic about its long-term trajectory, with predictions suggesting that Bitcoin's price could reach $200,000 by the end of 2025[^2^]. However, investors still need to pay attention to risk management when participating in Bitcoin trading, as the cryptocurrency market is known for its high volatility[^3^].

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