#BTCOutlook As of December 23, 2024, Bitcoin (BTC) is trading at approximately $93,810, reflecting a 3.2% decrease from the previous close.

Earlier this month, Bitcoin surpassed the $100,000 milestone, driven by optimism surrounding President-elect Donald Trump's pro-crypto stance and expectations of favorable regulatory policies.

However, recent market dynamics have introduced volatility. The Federal Reserve's cautious approach to monetary policy has contributed to Bitcoin's first weekly decline since the U.S. election.

Analysts maintain a positive outlook for Bitcoin's future value. Projections for 2025 suggest potential price ranges between $125,000 and $200,000, with some estimates extending to $1 million by 2040.

Despite recent fluctuations, Bitcoin's long-term prospects appear promising, supported by increasing institutional adoption and anticipated regulatory clarity. Investors should remain aware of the inherent volatility in the cryptocurrency market and consider their risk tolerance accordingly.