Fundamental Analysis of Bitcoin Price for 2024 and 2025
In mid-March last year, Bitcoin prices succeeded in recording a new record level of approximately 74,000 US dollars, within an upward market that dominated the transactions of the digital asset. This was thanks to massive positive developments concerning the regulatory, technical, and fundamental framework for the world's largest cryptocurrency.
These developments include the continuous flows into the new instant investment funds, widespread purchases from major companies and institutions, and predictions of a supply shortage due to the halving event, in addition to the possibilities of cutting global interest rates, especially in the United States.
With the investment in the cryptocurrency "Bitcoin" moving to a more attractive environment, many global institutions and banks began to adjust their future expectations about the levels that the world's most important cryptocurrency can reach over the years 2024 and 2025.
The expectations have become more aggressive with the likelihood of reaching the important psychological barrier at 100,000 dollars per Bitcoin unit for the first time in history during the remaining period of this year, with even higher levels expected next year.
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