Bitcoin has once again reached the $100,000 mark, marking a significant increase from the holiday season, when its value had fallen below $92,000.
This rebound is attributed to several factors, including increased interest from companies in holding Bitcoin as a treasury asset. For example, MicroStrategy recently purchased 1,070 bitcoins, investing $101 million, and plans to raise another $2 billion for future purchases.
Analysts predict that Bitcoin could reach $200,000 in 2025, highlighting the importance of key economic data in January, such as the Consumer Price Index (CPI) report on January 15 and the Federal Open Market Committee (FOMC) meeting on January 29.
Additionally, Ark Invest’s Cathie Wood reiterated her prediction that Bitcoin could reach $1 million by 2030, highlighting continued confidence in the cryptocurrency’s long-term potential.
For a more detailed analysis of Bitcoin's recent evolution, you can view the following chart: