#BTCOutlook
As of December 23, 2024, Bitcoin (BTC) is trading at approximately $94,607, reflecting a 2.47% decrease from the previous close.
Earlier this month, Bitcoin reached an all-time high of $108,364 on December 17, 2024, before experiencing a correction. jsj
Analysts maintain a bullish outlook for Bitcoin, with some forecasts suggesting prices could exceed $200,000 by 2025.
Technical analysis indicates that Bitcoin has found support at the 50-day Exponential Moving Average , suggesting potential for continued buyer interest.
However, it's important to note that Bitcoin's price is highly volatile, and past performance does not guarantee future results.
Investors should conduct thorough research and consider their risk tolerance before making investment decisions.
For a more in-depth analysis, you may find the following video
