Bitcoin Reaches a Historic $106,460
On December 15, 2024, Bitcoin reached a historic milestone, breaking $106,000 and setting a new all-time high at $106,460. This remarkable achievement highlights the growing acceptance of cryptocurrencies worldwide.
Countdown to the Pro-Bitcoin Trump Administration
With just 35 days until President-elect Donald Trump takes office, the cryptocurrency community is abuzz with anticipation. Trump is assembling a team widely regarded as the most pro-Bitcoin administration in U.S. history. Policies like establishing a national Bitcoin reserve could transform the industry.
Post-Halving Trends and Predictions
Bitcoin's protocol includes a halving mechanism, which reduces mining rewards by 50% approximately every four years. Historically, these events have been followed by significant price increases:
- 2012 Halving: Bitcoin rose from $12 to over $1,000.
- 2016 Halving: Bitcoin climbed from $650 to nearly $20,000.
- 2020 Halving: Bitcoin soared from $8,000 to $64,000.
With the most recent halving in April 2024, analysts expect another price surge in 2025, with some predicting values of $200,000 or more.
2025 Price Predictions
Market experts have set high expectations for Bitcoin in 2025:
- Fundstrat’s Tom Lee forecasts $250,000.
- Bernstein analysts predict $200,000.
- MarketVector Indexes' Martin Leinweber suggests $150,000.
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