Bitcoin (BTC), presently the most popular cryptocurrency on earth, experienced a major increase in 2024. The King Coin reached multiple highs during this time. BTC grew by 110% during the last year. What stands out for the markets is that the asset has risen above the $100,000 threshold. It is an important milestone, not just for Bitcoin, and the whole industry. The community expects the king currency to grow even more in 2025 after its run of 2024.
You may also like: Ripple: AI Sets XRP Price For January 5, 2025
Most Favorable Month For Bitcoin In 2025
Bitcoin has been a hot topic in the Bitcoin community. These predictions are between $250,000 and $200,000 for Bitcoin. The real question, however, is whether BTC can live up to the expectations. CoinCodex data shows that Bitcoin is set for a significant rise. Bitcoin is expected to reach an average annual price of $148,248 in 2025. The trading channel will have a value between $96,532 – $177,384. This could yield an investment return of up to 84.96% compared with the current rates.
The market, as seen above, will need to wait some time for BTC to reach a peak of $177.384. This peak is expected to be reached by the king coin in August 2025.
You may also like: VeChain Outperforms Bitcoin, Solana: VET To $0.07 Next?
Current Market Scenario
Bitcoin remains below $100,000 despite its recent uptick. BTC’s price at the time of publication was $95,562.49. The price of BTC has risen by 2.34% in the last 24 hours.
You may also like: 23 Countries Show Interest To Join BRICS in 2025
Bitcoin reached a record high of $108,268.45 in December. The price of the king coin has fallen 11% from its peak. BTC will continue to grow and BTC’s latest setback should only be temporary. The community should expect an upbeat year.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru
