Bitcoin has experienced significant growth in 2024, surpassing $100,000 in December. 
This surge is attributed to the approval of spot Bitcoin exchange-traded funds (ETFs) by U.S. regulators, increasing institutional investment, and optimism surrounding President-elect Donald Trump’s pro-crypto stance. 
Analysts predict Bitcoin could reach $200,000 by late 2025, driven by limited supply, growing institutional demand, and the potential effects of the four-year halving cycle. 
However, concerns remain about regulatory clarity, particularly regarding the stance of the Securities and Exchange Commission (SEC) under the proposed leadership of crypto advocate Paul Atkins. 
Despite inherent volatility, the cryptocurrency community remains optimistic about Bitcoin’s future performance.