From Nasdaq

January 17, 2025 09:00:22 AM:

In 2024, Bitcoin reached over $108,000, driven by factors like ETF approval and Donald Trump’s victory. Institutional adoption by firms like BlackRock and Goldman Sachs also contributed to the surge, with predictions of Bitcoin hitting $200,000 in 2025. The incoming Trump administration’s stance on Bitcoin regulation could further impact its price, potentially leading to a $250,000 to $500,000 valuation. Support and resistance levels, along with the possibility of a major correction, are also key factors to watch in predicting Bitcoin’s future. Ultimately, the future of Bitcoin remains uncertain, emphasizing the importance of considering risk tolerance when investing in cryptocurrencies.

Read more at Nasdaq: Investing Experts Predict How High (or Low) Bitcoin Will Go in 2025