#BitcoinHashRateSurge

Bitcoin (BTC) has been on a strong uptrend since the 2024 US elections. On December 4, it broke through the critical $100,000 threshold, reaching a historic high. However, the rally didn’t stop there, reaching a new all-time high of $108,239.00. This means that it has gained +128.66% since the beginning of the year. The Bitcoin price forecast suggests that this uptrend could continue.

The rise is attributed to factors such as the approval of Bitcoin ETFs and the Bitcoin halving. In addition, the expectation of a more crypto-friendly US administration and increasing institutional interest are also important factors.

Bitcoin has broken through the $100,000 threshold, reaching a new high, and drawing all the attention. Many are wondering how much higher Bitcoin can go.

The Bitcoin price predictions below are based on our proprietary forecasting technology. We create predictions based on available historical data using mathematical and statistical methods. BTC predictions and target prices are updated daily.