As of December 24, 2024, Bitcoin has crossed the 97,000 USDT mark, trading at 97,178.99 USDT, reflecting a 2.39% increase in the last 24 hours, according to Binance Market Data. This surge highlights $BTC strong momentum, with technical indicators such as the RSI and MACD signaling continued upward potential.
Fundamentally, $BTC benefits from increasing institutional adoption, a favorable macroeconomic environment, and growing global recognition as a hedge against inflation. With these factors in place, many analysts predict that Bitcoin is on track to hit the $100,000 mark in the near future. As institutional interest rises and the halving event approaches, the supply-demand imbalance could accelerate this ascent, making $100,000 a highly anticipated milestone in Bitcoin’s journey.