#BTCBreaksATH

Bitcoin (BTC) has recently achieved a new all-time high (ATH) of $109,357, surpassing its previous peak of $108,000 set in December 2024.  This surge is attributed to a 22% rebound from a low of $89,000 last week, demonstrating significant market volatility.

As of January 21, 2025, BTC is trading at $104,411, reflecting a slight decrease from its intraday high of $107,886. This fluctuation coincides with President Donald Trump’s inauguration, an event that has influenced market dynamics. 

Analysts have varying predictions for Bitcoin’s trajectory in 2025. Tom Lee of CNBC forecasts a target of $250,000, while Matthew Sigel of VanEck anticipates $180,000.  Additionally, crypto analyst Dave The Wave suggests that BTC may peak in the summer of 2025. 

Despite the recent ATH, on-chain data indicates that retail investor demand remains historically low, which could imply potential for further growth as new investors enter the market. 

Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. It’s advisable to conduct thorough research or consult financial advisors before making investment decisions.