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FX.co ★ BTC to shine even brighter in 2025

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Forex Humor:::2024-10-17T13:53:26

BTC to shine even brighter in 2025

The crypto community is buzzing again, debating Bitcoin’s near future. Everyone is curious about what will happen to BTC by the end of this year and early next year. It is no surprise that Bitcoin’s fate is crucial for the entire digital world.

Currently, Bitcoin is trading at around $63,000, with a market cap of $1.24 trillion. Despite some volatility, many experts believe the price will rise by the end of 2024. Early forecasts suggest Bitcoin could break through the $65,000 barrier. And for those with an even more optimistic outlook, they predict BTC soaring to incredible heights, possibly reaching $80,000–$100,000.

According to current predictions, Bitcoin will surpass $74,000 in the fourth quarter of this year. There is even a chance it could jump to an impressive $88,267. In 2025, the first cryptocurrency might peak at $104,738. As for 2026, things could go either way. The asset may dip to $84,756 or surge to a staggering $177,384.

There is also a rosy forecast from Changelly.com, which predicts that Bitcoin will trade between $61,473 and $76,664.73 in October. In November 2024, some fluctuations are expected, with BTC ranging from $58,138.52 to $77,133.95. December might bring a bit more stability, with Bitcoin hovering between $61,097.32 and $63,022.10.

Some analysts are confident that the cryptocurrency will see steady monthly growth next year. In January 2025, BTC is expected to stay within the range of $61,651.60-$70,344.69. By July, it could fluctuate between $82,730.07 and $86,595.37. And by December 2025, forecasts suggest Bitcoin will hit a high of $100,137.61, with a possible low of $90,295.47.

According to current betting on Polymarket, users are giving Bitcoin a 29% chance of reaching $70,000 in October. The chance of hitting $67,500 this month is pegged at 54%. Most market participants (57%) remain optimistic, believing Bitcoin will reach a new all-time high by the end of the year.

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