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This year, Bitcoin has seen one of the biggest price pumps in its history. Currently ranked as the seventh most valuable global asset, Bitcoin also rivals the market capitalizations of the world’s largest corporations. With BTC price currently traded at almost $100,000, most analysts anticipate the price to exceed this level. Looking ahead, these dynamics suggest that Bitcoin could see substantial growth in 2025, driven by a mix of macroeconomic conditions, institutional participation and seasonal market behavior. Thak you

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On Dec. 5, 2024, Bitcoin surpassed the $100,000 mark for the first time, reaching an all-time high of $103,800 and achieving a $2 trillion market capitalization. As the cryptocurrency world reacts to this milestone, predictions for Bitcoin's price by the end of 2024 range from $124,000 to $150,000.
thak you

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BTC next target......................2025....
A possible target of $250,000 aligns with the channel's upper boundary, driven by sustained market momentum and favourable macroeconomic conditions. The key support is defined by the black dotted trend line around $75,000 to $65,000, with a price target of $250,000 projected for 2025.

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Bitcoin Price Prediction: From Bear Market to New All-Time High
The crypto industry has witnessed unprecedented growth, with Bitcoin reaching a new all-time high of $93,495 on Wednesday, according to Coinbase data. Contributing to Bitcoin's surge are multiple factors, including Trump's presidential victory and BlackRock's institutional involvement. The spot Bitcoin ETFs have seen record inflows, demonstrating growing interest from both retail investors and institutional investors.

Bitcoin has had an impressive run in 2024, gaining nearly 30% in recent weeks and surpassing $93,000. Analysts from various crypto and financial research firms have shared predictions on Bitcoin’s price for year-end and beyond, fueled by the recent rally and favorable economic conditions.

The bitcoin to usd chart showing current BTC price
Bitcoin reached a new ATH on Wednesday. Source: Tradingview.com
Ryan Lee of Bitget Research believes the cryptocurrency’s November momentum could propel it past $100,000, citing historical patterns and post-halving cycle trends.

“If history repeats itself, Bitcoin’s projected growth could take it well above $100,000 by month-end,” Lee remarked.

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Next Crypto Bull Run Start Dates.

One of the critical aspects of predicting the next crypto bull run is identifying the start dates. Ian Balina suggests using the Bitcoin halving as a pivot point for determining when the bull run begins. Historically, Bitcoin experiences a surge in price after each halving event. Thak you

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Bitcoin Price Prediction December 2024: Data Suggests All-Time High With Gains Over 30%

Bitcoin Price Prediction December 2024: Data Suggests All-Time High With Gains Over 30%

Portalcripto2024/12/01 11:44

By:By Roberta Cesar

BTC+0.02%

What is the price forecast for Bitcoin in December 2024? Historical data suggests that December could be a very positive month for the largest cryptocurrency on the market.

Today, November 30, renowned cryptocurrency analyst Ali Martinez shared a chart showing Bitcoin’s developments since 2013. The expert noted that the asset’s historic price rise has been influenced by the US presidential election in recent years. This year was no different, with the largest cryptocurrency beginning a bullish rally following the victory of crypto-supporter Donald Trump, reaching a new all-time high of $99.645,39 on the 22nd. This month, Bitcoin’s price has increased by almost 34%.

As per the data shared by the expert, in 2016 and 2020, Bitcoin recorded returns of 30.8% and 46.92%, respectively. The analyst suggested that by December 2024, BTC could mirror the pattern and rise above 30%.

But what will the price of Bitcoin be in December 2024? According to Martinez, if history repeats itself, Bitcoin could see a bullish breakout towards new all-time highs between an impressive $125.000–$140.000.

“Historically, Bitcoin $BTC has surged in December following the US presidential election, with gains of 30% and 46% over the last two cycles. If history repeats itself, we could see $BTC closing the year in the $125.000–$140.000 range!” wrote ".

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Our most recent Bitcoin price forecast indicates that its value will increase by 1.49% and reach 97097.23 by December 04, 2024. Our technical indicators signal about the Bullish Bullish 93% market sentiment on Bitcoin, while the Fear & Greed Index is displaying a score of 80 (Extreme Greed)