#币安全球用户突破2.5亿 $BTC

It is difficult to accurately predict whether Bitcoin can reach new highs. Its price movements are influenced by a combination of factors, including market supply and demand, global economic conditions, policies and regulations, and investor sentiment.

By the end of 2024, if Trump is re-elected as President of the United States, it would have a positive impact on Bitcoin's price, causing it to first break through $100,000. However, Bitcoin's price is still subject to significant volatility. For example, on December 3, 2024, South Korea implemented an emergency curfew, triggering a severe reaction in the financial markets, and Bitcoin's price plummeted at one point.

Vetle Lunde, the research director at crypto research firm K33, stated that based on data from the last three cycles, the average duration from the first historical high to the last historical high for Bitcoin was 318 days for each cycle. In the current cycle, Bitcoin reached a historic high on March 5. If the average duration from previous cycles can serve as a reference, investors may see the cryptocurrency reach a new, final peak for this cycle on January 17, 2025. However, he also pointed out that Bitcoin has a relatively short history as an asset, having only been launched in 2009, and the sample size of its historical price data may not be sufficiently meaningful, and past performance does not always predict future performance.

Additionally, as the impact of halving weakens, the cyclical effects of Bitcoin have become less pronounced. At the same time, the development of the Web3 industry still faces multiple challenges, including technical security, market risks, and regulatory compliance, all of which could impact Bitcoin's price.

Investing in Bitcoin carries risks. It is recommended to fully understand the relevant markets and investment products before making any investment and to make prudent decisions based on individual financial conditions, investment goals, risk tolerance, and investment experience. At the same time, closely monitor market dynamics and changes in relevant policies and regulations.