Bitcoin has recently experienced significant price movements, reaching an all-time high of over $106,500 on December 16, 2024.
This surge is partly attributed to increased investor confidence following the U.S. presidential election and expectations of a more crypto-friendly administration.
However, recent comments from Federal Chair Mr Powell have introduced some volatility, with Bitcoin briefly dipping below $100,000.
Most analysts remain optimistic, with some predicting that Bitcoin could reach over $150,000 by 2025, though they caution about potential short-term fluctuations. Crypto Mama thinks that's too high and unrealistic , but $BTC above 120k is easily possible in 2025.
Still a great investment !!
