🎉 Bitcoin enthusiasts are buzzing as BTC hits a historic $100K milestone on Dec. 6! With the European Central Bank lowering interest rates, the crypto market is poised for a potential "Santa rally." Bitfinex's Jag Kooner notes that global rate cuts could drive investors toward risk-on assets like Bitcoin.
Matrixport predicts BTC could soar to $160K by 2025, thanks to macroeconomic shifts and Bitcoin ETF demand. Meanwhile, the Fed's upcoming decision on Dec. 18 could further boost Bitcoin's trajectory. As leverage positions decrease, the stage is set for Bitcoin's next leg up. Buckle up, crypto fans! 🚀