As of February 8, 2025, Bitcoin (BTC) is trading at $96,057, experiencing a slight decrease of 0.48% from the previous close.
In recent developments, Standard Chartered has updated its Bitcoin price forecast, predicting a surge to $150,000.
Additionally, Binance CEO Changpeng Zhao has suggested that Bitcoin may remain below its previous all-time high of $69,000 for up to two years, indicating a potential period of consolidation.
These insights reflect the dynamic nature of the cryptocurrency market, where expert opinions can vary significantly.
As always, it's crucial for investors to conduct thorough research and consider multiple perspectives when making investment decisions.