$BTC Bitcoin (BTC) has recently experienced significant price movements. After reaching an all-time high of $109,300, it has retracted to approximately $104,663 as of January 21, 2025.

Market analysts maintain a bullish outlook for Bitcoin. Predictions for 2025 suggest a trading range between $75,500 and $155,000, with potential peaks reaching up to $185,000.

Despite these optimistic projections, investors should remain cautious due to inherent market volatility. Key support levels are identified at $92,000, $87,000, and $74,000, while resistance levels are at $106,000 and $120,000. Monitoring these levels can provide insights into potential price movements.