From Investing.com

January 17, 2025 4:00:20 pm:

Nine years ago, a “death call” was made for Bitcoin when its price was only $400, predicting its collapse. However, Bitcoin has thrived, reaching new highs, with a recent peak of $108,268. The narrative around Bitcoin has shifted dramatically, defying past skepticism and highlighting its potential as a store of value.

Bitcoin’s journey has been remarkable, with its value skyrocketing from $400 to over $103,000 currently. Surpassing the $2 trillion milestone, Bitcoin’s market capitalization stands at $2.05 trillion. This growth is driven by adoption, institutional interest, and recognition of Bitcoin’s potential.

Bitcoin is currently trading at $104,164, up 6.25% in the last 24 hours. The market remains bullish, with Bitcoin trading above the one-year mean of $90,900. Recent price action validated key support at $89,000 and resistance at $98,000, indicating a strong market with robust demand despite recent corrections.

Read more at Investing.com: ‘Death Call’ at $400 Proven Wrong By U.Today