What path will Bitcoin follow next year?

In the last weeks of 2024, it has become a matter of curiosity whether the #Bitcoin (BTC) bull will continue.

Spot Bitcoin ETFs, In 2024, when important events such as the US presidential elections and the resignation of SEC Chairman Gary Gensler took place, many cryptocurrencies, especially Bitcoin, rallied. As the last days of the year began, it was noteworthy that BTC was trying to hold above $ 100,000.

Experts predict that the markets may become boring in the coming weeks due to year-end events. It is of great importance for BTC to stay above $ 100,000.

The Matrixport report predicts that if $BTC holds above $ 100,000, it will rally by 60 percent in 2025.

According to the Matrixport report, institutions will turn more towards Bitcoin ETFs in 2025. Positive macroeconomic data from the US and the expansion of the global liquidity pool will trigger the Bitcoin bull. Over $20 trillion is expected to be injected into global markets. Matrixport predicts that Bitcoin will also get a share of this injection.

According to Matrixport's report, #BTC will reach $160,000 next year. Crypto analyst Titan of Crypto claimed in a post he made on X that Bitcoin will continue its rise. The analyst stated that a potential breakout is coming in the price chart he created.

According to Titan of Crypto, the BTC price, which has emerged from the "green" section, will move towards the "red" zone. The target of this rise will be $170,000. The analyst, who said "Bitcoin is breaking new ground," concluded his sentences as follows;

"Historically, such breakouts usually indicate explosive upward movements. Crypto analyst Crypto Rover, which is highly popular with global investors, also expects an increase in the BTC price. Crypto Rover predicts $BTC will reach $280,000 in a bull market.