The cryptocurrency market continues to astonish with sharp price fluctuations and new expert predictions. Last week, Bitcoin hit an all-time high, only to dip quickly, sparking discussions about potential future trends.
In Recent News: Bitcoin and Its Fluctuations
This week, Bitcoin surged to a new all-time high of $108,135, only to fall to $92,805.76. Experts suggest that the correction phase may be nearing its end, with the possibility of a new rally up to $150,000.
Weekly Topics: Main Events in the Crypto Market
The past week saw significant events such as a record $671.9 million outflow from ETFs, Binance.US preparing to resume USD operations in 2025, SEC approval of two new crypto index ETFs, and Cryptopia's liquidator distributing $225 million to hack victims.
Experts' Opinions on Bitcoin's Future
Cathie Wood of ARK Invest predicts Bitcoin could reach $1 million by 2030, citing its fixed supply and intrinsic value. Future trends may be influenced by global economic changes and the growing acceptance of cryptocurrencies worldwide.
Despite recent fluctuations and market uncertainty, experts see potential for long-term growth in Bitcoin, driven by its unique characteristics and increasing interest from institutional investors.