Currently, Bitcoin $BTC is experiencing notable volatility but remains on an upward trajectory. Its price recently hit a new all-time high of approximately $99,500, fueled by factors such as reduced Bitcoin supply post-halving and heightened institutional interest, including Bitcoin ETFs. Analysts predict it could surpass $100,000 by the end of 2024 due to strong historical performance in November and optimism in the broader crypto market.

Year-to-date, Bitcoin has gained over 100%, outperforming traditional financial assets. Factors such as favorable U.S. regulations, growing adoption, and anticipated economic shifts (e.g., potential U.S. interest rate cuts) are expected to drive further growth. Predictions for 2025 estimate Bitcoin might reach $180,000–$196,000 if current trends persist.

While the outlook is positive, risks remain. Market leverage is at high levels, which may need to correct before Bitcoin sustainably surpasses key milestones like $100,000