The price of Bitcoin remains below the $100K mark as the new year begins, leading investors to question what lies ahead for the cryptocurrency in 2025. Bitcoin has been in a consolidation phase, unable to regain upward momentum after a significant rally in 2024. Historically, the start of the year brings lower market activity due to holidays and reduced investor participation. The inability to break above $100K has created psychological resistance among traders, potentially leading to a downward adjustment. Analysts predict that Bitcoin could drop further into the $75K-$85K range, but long-term prospects for the cryptocurrency remain intact. This consolidation period may offer an opportunity for long-term investors to accumulate Bitcoin at lower prices.
- Content Editor ( cryptoticker.io )
- 2025-01-01
Bitcoin Price Struggles to Reclaim $100K as 2025 Begins