The price of Bitcoin (BTC) reached an all-time high of $108,786 on January 20, but dropped after President Trump implemented tariffs, causing a market-wide selloff. Since then, BTC has been trading sideways with a solidified support level at $96,500. A $1,000 investment in Bitcoin at the start of the year would have resulted in a 3.15% increase in value, with a $31.5 profit. However, there have been two significant dips in price, reaching lows of $91,910 and $90,900 on January 9 and January 13, respectively. Investing at these points would have resulted in a 4.05% or 5.21% return, with profits of $40.5 and $52.1. Analysts remain optimistic due to increasing institutional adoption and a pro-crypto U.S. administration, with technical analysts suggesting a potential surge to $107,000.



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