The Bitcoin price has recovered slightly after a tax-related drop at the end of the year. It is currently trading around $97,000, but has not yet regained the $100,000 mark. Experts believe that the drop was due to tax-loss harvesting by investors. The CEO of token launch platform Gems explained that many investors sold both Bitcoin ETFs and the underlying asset to optimize their tax reports. However, there are expectations of a recovery in BTC's price this month, with increased demand and optimism from the recent inauguration of President Trump. Some experts project that Bitcoin could rally to as high as $120,000 in the coming weeks. Long-term projections suggest sustained growth, with some forecasts placing Bitcoin's value at $200,000 by 2025. However, actual price action will depend on regulatory developments, market dynamics, and broader economic conditions.



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