$BTC over $101000

As of January 6, 2025, Bitcoin ($BTC ) is trading around $101,000, reflecting a recovery of nearly 7% over the past week.

Analysts offer varying predictions for Bitcoin's price leading up to President-elect Donald Trump's inauguration on January 20, 2025.

John Glover, Chief Investment Officer at Ledn, suggests that Bitcoin could rise to over $125,000 or fall toward $77,000 in the first quarter of 2025, depending on the incoming administration's actions regarding cryptocurrency policies.

Alex Thorn of Galaxy Digital forecasts that Bitcoin's price may exceed $150,000 in the first half of 2025, potentially reaching $185,000 by year-end, driven by increased adoption from institutions, corporations, and nations.