$BTC The following is an analysis of the Bitcoin price trend:

Historical Trend Review

- Overall trend in 2024: At the beginning of the year, it was around $40,000, but later influenced by the approval of Bitcoin spot ETFs by the US SEC, expectations of Bitcoin halving, and other factors, the price surged and reached around $74,000 on March 14, breaking historical records. It fell in June and July due to the German government's sell-off, briefly dipping below $50,000 in August. In September, propelled by the Federal Reserve's rate cuts and Trump's election victory in November, it broke through $100,000 in December.

- Recent trend: On January 6, 2025, the Bitcoin price returned above the $100,000 mark but quickly fell. As of January 8, 17:55, the price was reported at $95,661, with a decline of 5.96%. On January 9, BOSS Wallet data showed the price at $96,959.44 per coin, with a daily increase of 1.05%.

Factors Affecting Analysis

- Positive factors: If the US and other major economies clarify and trend towards friendly regulatory policies for cryptocurrencies, it will eliminate market uncertainty and attract more funds. When macroeconomic instability, high inflation pressure, or geopolitical tensions occur, Bitcoin's safe-haven properties draw attention and attract investors. Institutional investors, such as large financial institutions and asset management companies, increasing their Bitcoin investments will boost demand and drive prices up.

- Negative factors: If major countries and regions such as the US, China, and the EU implement strict regulatory policies, such as trading restrictions and taxation, it will undermine market confidence, leading to price declines. Negative events such as market manipulation, hacking attacks, and the collapse of trading platforms can trigger panic selling among investors. When global economic recovery is strong and monetary policy is stable, investor risk appetite may shift towards traditional assets, reducing the inflow of funds into Bitcoin.

Future Trend Prediction

Institutions and experts have different predictions for Bitcoin's price in 2025. James Butterfill, head of research at CoinShares, believes the price could range from $80,000 to $150,000; Max Tillman, head of research at Matrixport, expects it to reach $160,000; Alex Thorn, head of research at Galaxy Digital, predicts it will break through $150,000 in the first half and reach $185,000 in the fourth quarter; Jeffrey Kendrick, head of digital asset research at Standard Chartered Bank, and Carole Alexander, a finance professor at Sussex University, both believe it could reach $200,000; Nexo's Chief Product Officer, Elissa Tascov, boldly predicts it could double to $250,000.