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$BTC (Bitcoin) is currently trading around $97,165, approaching its all-time high of $109,000 set earlier this year . After a dip to $74,000 in April, it has rebounded by over 30%, demonstrating resilience in the face of market volatility.
Analysts predict that Bitcoin could reach between $120,000 and $210,000 by the end of 2025, driven by factors such as institutional adoption, ETF inflows, and its appeal as a hedge against inflation .
For those of us in Africa, where local currencies can be unstable, Bitcoin offers a decentralized and secure way to preserve wealth and participate in the global economy.
While short-term fluctuations are inevitable, the long-term outlook for Bitcoin remains bullish.