As of January 21, 2025, the price of Bitcoin (BTC) is at $102,176 USD, with an intraday high of $109,299 USD and a low of $100,145 USD.
In the last 24 hours, the price of Bitcoin has increased by 2.91%.
On December 17, 2024, Bitcoin reached an all-time high of $108,364 USD.
Analyst Gil Luria, who predicted Bitcoin could reach $100,000 in 2013, now states that Bitcoin has shown resilience since 2009, moving trillions of value, and becoming the most valuable crypto asset. Luria also mentioned the possibility of Bitcoin reaching $5 million if it replaces the global money supply, although the chance is only 1-2%.
Technically, the weekly Relative Strength Index (RSI) indicator is bullish with a reading of 64.34, indicating positive momentum. The weekly Moving Average (MA) is neutral, while the weekly MACD indicator is bullish.
Overall, Bitcoin is showing positive performance with technical indicators supporting a bullish trend. However, the volatility of the crypto market remains high, so it is advisable for investors to continue to monitor market developments and conduct careful analysis before making investment decisions.
