$BTC

In December 2024, Bitcoin witnessed notable developments in terms of performance and future expectations:

1. Current performance: The price of Bitcoin reached around $104,000 after recording significant increases in the previous months, supported by market momentum and positive sentiment towards it as a "digital gold" and store of value. The markets witnessed upward movements influenced by the interest of investors and major institutions in Bitcoin, such as BlackRock, and the increasing trend towards adopting it as a global reserve asset.

2. Future expectations:

Short-term: Some analysts expect Bitcoin to reach $120,000 before the end of 2024, benefiting from continued institutional demand.

Long-term: Optimistic forecasts, such as the "Stock-to-Flow" model, indicate that its price may reach $1 million in the next few years as its adoption grows and supply shrinks.

3. Institutional Support: Bitcoin ETFs have helped boost institutional demand for it, reinforcing its position as a safe and long-term investment asset.

4. Market Techniques and Analysis: Based on technical analysis (such as the MACD indicator), there is still positive momentum pushing prices higher, supported by positive investor sentiment and supply and demand scenarios.

In conclusion, despite price volatility, Bitcoin is showing signs of continued long-term growth, especially with supportive regulatory shifts