#BTCNextMove As of December 25, 2024, Bitcoin (BTC) is trading at approximately $98,095, reflecting a 4.17% increase over the previous close.

Recent developments have significantly influenced Bitcoin's price trajectory. Notably, on December 5, 2024, Bitcoin surpassed the $100,000 mark, reaching a high of $102,900. This surge was largely attributed to the election of President Donald Trump, which bolstered expectations of crypto-friendly regulations.

Looking ahead, various forecasts suggest continued growth for Bitcoin. Analysts at Bernstein project that Bitcoin could climb as high as $150,000 by 2025, driven by increased institutional investment and the potential approval of spot Bitcoin ETFs. Similarly, CoinCodex predicts that Bitcoin may trade between $99,628 and $108,962 in 2025, indicating a potential increase of approximately 10% from current levels.

However, the market has also exhibited volatility. In late November 2024, Bitcoin approached the $100,000 threshold but retreated to around $91,377, prompting increased demand for protective puts in the options market.

Given these dynamics, it's essential to recognize that Bitcoin remains a highly volatile and speculative asset. While forecasts provide insights into potential trends, they are inherently uncertain. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.