Bitcoin ($BTC) has always dominated the cryptocurrency market and its price movements often set the tone for the broader market.
By the end of 2024, $BTC is forecast to experience significant price movements due to external factors such as macroeconomic conditions and market liquidity. However, many analysts predict that Bitcoin could hover around $100,000 in this time frame, due to increased institutional adoption and scarcity due to limited supply.
According to analysts’ predictions for 2025, $BTC is forecast to rise even higher, potentially reaching $120,000 to $180,000 if the uptrend continues and demand outpaces supply. However, price volatility remains a major factor, influenced by global regulations and technological advancements in the blockchain industry.
