Bitcoin (BTC) has fallen below $100,000 after a 5.78% drop in the last 24 hours. The downturn is likely due to a broader market downturn caused by China making its AI model open source. However, some experts believe this is just a temporary setback before Bitcoin goes parabolic in the ongoing bull market. One analyst points out that BTC's performance in the opening month of 2025 is similar to the trading in the 2015-2018 cycle, suggesting a major upswing is on the horizon. Despite the recent decline, Bitcoin remains up 4.94% year-to-date and 135.66% over the last 12 months. Some analysts predict Bitcoin could reach a cycle high of $220,000, while others believe it could trade above $800,000 by the end of 2025.



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