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#Memerally #As $BTC $BTC of December 6, 2024, bitcoin is trading at approximately $100,280, following an all-time high of $103,647 on December 5. This surge is attributed to President-elect Donald Trump’s pro-crypto stance and the nomination of crypto advocate Paul Atkins to lead the Securities and Exchange Commission. Given these developments, analysts anticipate continued growth, with projections ranging from $110,000 to $120,000 by early 2025. However, bitcoin’s inherent volatility and potential profit-taking could lead to short-term fluctuations. Considering these factors, a reasonable estimate for bitcoin’s price on January 31, 2025, is approximately $115,000.
#Memerally #As $BTC $BTC of December 6, 2024, bitcoin is trading at approximately $100,280, following an all-time high of $103,647 on December 5. This surge is attributed to President-elect Donald Trump’s pro-crypto stance and the nomination of crypto advocate Paul Atkins to lead the Securities and Exchange Commission. Given these developments, analysts anticipate continued growth, with projections ranging from $110,000 to $120,000 by early 2025. However, bitcoin’s inherent volatility and potential profit-taking could lead to short-term fluctuations. Considering these factors, a reasonable estimate for bitcoin’s price on January 31, 2025, is approximately $115,000.
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