Bitcoin  BTC -2.42% has been on a powerful upward trajectory since the US 2024 election, reaching its apex when it powered through the much-anticipated $100,0000 mark on December 4th. However, it didn’t stop there, and its new all-time high now stands at $108,282.00, marking a +117.19% increased year-to-date (YTD).
The surge can be attributed to factors like the approval of Bitcoin ETFs, the Bitcoin halving, the anticipation of a more crypto-friendly incoming US administration, and increasing institutional interest.
As of December 24, 2024 Bitcoin is trading at $93,888.94, with a very positive outlook. In this Bitcoin price forecast, we provide a detailed BTC price analysis, experts’ outlook, and future projections for the original cryptocurrency.
