#BTCNextMove Bitcoin (BTC) has been making significant moves recently.

Donald Trump's recent victory in the 2024 US elections boosted the cryptocurrency market, with Bitcoin reaching an all-time high of US$$ 103.679. However, after profit-taking, the price has retreated to around US$$ 96.120.

Analysts remain optimistic, predicting that Bitcoin could surpass the US$$ 100 thousand mark in early 2025, especially as the halving approaches, an event that reduces the issuance of new bitcoins, increasing their scarcity.

In addition, discussions about Bitcoin's potential to help reduce the US debt have gained prominence. Michael Saylor, for example, has proposed that the country allocate between 20% and 25% of its reserves in Bitcoin as an economic strategy.

It is important to note that the cryptocurrency market is highly volatile. Therefore, caution and thorough research are advised before making any investment decisions.