Bitcoin (BTC) is considered to be a digital gold of the cryptocurrency. By the end of the previous year, Bitcoin managed to surpass the milestone of 100k, however, within a few weeks it fell down to the lowest of 92k. Based on the previous price history of Bitcoin, will Bitcoin reach 100k again? Since it is a concern of many investors, we will see some technical and price analysis along with various political and economic factors to check the potential of the BTC to reach new heights.
Why Bitcoin (BTC) Fell Under 100k?
One of the main reasons for the entire crypto market downturn, specifically Bitcoin, is the interest rate policies of the FED (Federal Reserve). The expectations of the strong indicators have led potential investors to predict higher interest rates for the long term. The robust and resilient job market of the US with a lesser unemployment rate has influenced the market.
Furthermore, the positive stance against cryptocurrency of the newly elected president of the USA, Donald Trump, impacted the market sentiments significantly. The statement Trump made of making the US the capital of the cryptocurrencies of the world took the crypto market by storm. Instead of waiting for future promises, investors are making the most out of the current market fluctuations. This sudden decline in the crypto market has also affected the traditional markets as well.
Will Bitcoin Continue To Go Up?
Based on the current political and economic situation of the world, most of the factors are favoring Bitcoin to rise again and cross the 100k bar again. Many experts believe that it is just the beginning of the Bitcoin’s price surge and it can go much higher than anticipated. However, the recent trade war among the top super powers of the world including China, USA, Canada, and Mexico can affect the perspectives of the cryptocurrency market in both ways.
People used to say in the beginning that Bitcoin won’t survive in the traditional market, however, after being in the market for 15 years, Bitcoin has established its stance in the market. People now believe that Bitcoin has all the potential to survive in the market for the coming decades and against all the odds.
How High Will Bitcoin Go?
Being the top performer of 2024 in the cryptocurrency market, Bitcoin has seen a 150% surge in the previous year. The three main reasons for the BTC surge are the reforms in crypto regulations, the economic environment, and the positive sentiments of potential investors.
The crypto experts predict a strong Bitcoin price surge throughout the year 2025. The Bitcoin price prediction is expected to range between $190,000 to $250,000. If we analyze the price history of Bitcoin, we see that BTC has experienced new all-time highs every 4 years since 2017. During these two bullish cycles, the coin has experienced a 2300% and 1700% surge in price.
Is Bitcoin a Good Investment?
Being the pioneer and father of cryptocurrency, Bitcoin has been crowned the best crypto investment since 2009. However, there is one thing that we have experienced and learned throughout these years is that the crypto market is highly volatile and no one can predict the price fluctuations accurately. However, price predictions based on technical analysis play a crucial role in making an investment decision. On the basis of the current crypto market situation, it is good to buy Bitcoin for a long-term position, but the risk factor is always there.
How BlockDAG Is The Best Crypto Investment in 2025?
The best and risk-free crypto investment in 2025 is to invest in crypto presale coins. Investing in presale crypto coins allows you to mitigate the risk factor and enjoy the benefits for the long term. Cryptocurrencies in presale are offered at very nominal prices. You can find thousands of crypto coins in presale stages, but it is difficult to recognize the right and potential ones.
BlockDAG (BDAG) is one of the hot topics of the crypto market in 2025. With its ongoing presale exceeding the milestone of $193.16 million, it has become the first choice of new and experienced investors. What makes BlockDAG different from other cryptos in the market is the new DAG technology, bitcoin mining rigs of all sizes, and low-price offerings in the crypto presale stages. Currently, the BDAG coin is in batch 27 offered at the price of $0.0248. This is the best time to buy BlockDAG coins and to get the maximum return on investment.