#ChristmasMarketAnalysis $BTC

Over the past month Bitcoin (BTC) has exhibited significant volatility, reaching an all-time high of approximately $108,000 on December 17, 2024, before experiencing a decline.

This recent downturn is attributed to the Federal Reserve's hawkish stance, indicating fewer interest rate cuts in 2025, which has dampened investor enthusiasm for riskier assets like cryptocurrencies.

Despite the recent decline, Bitcoin has appreciated by over 100% this year, driven by factors such as the approval of Bitcoin-holding ETFs and increased institutional demand.

Analysts maintain a positive outlook for Bitcoin, with some projections suggesting it could reach $150,000 by 2025.

However, the market remains susceptible to macroeconomic factors and regulatory developments, which could