Bitcoin has seen significant fluctuations in its value during 2024. On December 17, it reached a high of around $108,309, then fell to around $93,944 on December 24, down by almost $14,000 from its peak.

This decline reflects expectations of a slowdown in the pace of US interest rate cuts over the next year, which has affected investor enthusiasm. In addition, US President-elect Donald Trump’s statements about his intention to ease regulatory restrictions on cryptocurrencies in the United States, and Republican support for the idea of ​​creating a national reserve of Bitcoin, have contributed to increased interest in this digital currency.

On the other hand, Bitcoin witnessed a “halving” in April 2024, in which the rewards received by miners were cut in half, which raised some doubts about the impact of this on the value of the currency.

Looking ahead, analysts’ expectations for the price of Bitcoin vary. Some expect continued growth, while others see the possibility of price corrections. For example, Bitcoin Wisdom's 2024-2025 forecast suggests that the price could reach around $131,003.56 by the end of 2024, and $218,363.66 by the end of 2025.