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Bitcoin had a remarkable 2024.
It broke the $100,000 mark for the first time ever and went a little over $108,000.
So will Bitcoin continue to skyrocket in 2025, or will it plummet?
Hereshow high (or low) investing experts think Bitcoin will go in 2025 and why they think so.
This institutional adoption made Bitcoin more attractive to risk-averse investors, contributing to the 2024 price surge.
It boils down to institutional adoption and optimism for regulatory clarity driving this bull market moment.
Well continue to see demand to borrow against BTC because institutions do not want to give up upside exposure.
Participation in BlackRocks ETF could also contribute to Bitcoins price movement.
The increased participation in ETF use showcases Bitcoins appeal as a store ofvalue and sourceof portfolio diversification.
Benjamin Phillips, president and chief operations officer ofRockItCoin, is also bullish on Bitcoin.
He believes the fourth quarter rally of 2024 will have legs through 2025.
The flagship cryptocurrencys value will continue to benefit from increasing investing opportunities, governmental acceptance and consumer interest.
Plus, theres a recognition of Bitcoin as a digital store of value domestically and abroad, he said.
The Incoming Trump Administration
One of the crypto markets major concerns has been the uncertainty surrounding regulation.
Gensler has since stepped down, and Trump nominated former SEC Commissioner Paul Atkins to head the agency.
We are at historical support of $92,000.
I hope we keep holding that line.
If not, things will get ugly, and I dont think we will break it.
After that, we need to break $100,000 to get out of this funk.
Gabriele pointed out that 2025 will be the fourth year of the four-year cycle.
Whats Next?
Ultimately, it remains to be seen what 2025 will hold for Bitcoin.
The truth is, no one knows where Bitcoin will go.
It could hit $1 million, or it could plummet.
Be realistic about your knowledge and your risk.
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