#BTCNextMove As of December 21, 2024, Bitcoin (BTC) is trading at approximately $97,410, reflecting a slight decrease of about 0.28% from the previous close.
Analysts and market participants have varying predictions for Bitcoin's future movements:
Short-Term Forecasts: Some analysts anticipate Bitcoin reaching new all-time highs. For instance, a recent poll found that over 60% of respondents expect Bitcoin to reach $105,000 before potentially declining to $85,000.
Medium-Term Projections: Forecasts for 2025 suggest Bitcoin could trade between $110,008 and $177,384, with an average expected price around $148,964.
Long-Term Outlook: Some experts, such as those from investment firm VanEck, propose that Bitcoin could reach a price target of $350,000, while others, like personal finance author Robert Kiyosaki, suggest even higher valuations.
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