In December 2024, Bitcoin (BTC) reached an all-time high, exceeding the $100,000 mark. 🎉 However, despite this impressive growth, some analysts predict a possible correction in early 2025.
Factors influencing the market:
1. Actions of the Federal Reserve (Fed): A recent statement by Fed Chairman Jerome Powell about a possible pause in interest rate cuts has raised concerns in the financial markets. This may lead to a decrease in investors' appetite for risky assets such as cryptocurrencies.