Today, Bitcoin reached an intraday high of $98,481 before a portion of its gains was retraced. Since regaining $91,000 on December 30, the bulls have made dogged attempts to reclaim $100,000. DonAlt, a well-known X user and anonymous trader with about 650,000 followers, recently spoke out.
Bitcoin Bull Run 2025
Bitcoin enjoyed “an excellent” week. He cautioned investors that bitcoin prices had reached a “dangerous level.” Break it and we’ll send everything. BTC Nears $100K 2025, He advised avoiding excitement till it broke. Today reports that analysts have warned investors about Bitcoin’s declining trading volume.
Bitcoin bulls need significant trade volume to stage another major gain. Bitcoin peaked at $108,364 on Bitstamp on December 17th before a 16% fall. This size of decline is usual in bull markets, but it makes some worry about a fast trend change.
In 2025, Bitcoin is anticipated to cost $250K.
Bitcoin bulls were devastated by the U.S. Federal Reserve’s hawkish tone and announcement of fewer rate cuts. A “shooting star” candlestick flashed on the top cryptocurrency’s monthly chart, which bulls may have considered bad. Candles would cause large price revisions. Despite challenges, many analysts expect Bitcoin to have a good year. Anthony Scaramucci of SkyBridge Capital predicts a $250,000 increase in 2025.
Bitcoin’s Journey to $100K
Bitcoin’s incredible price rally in 2023 and 2024 has brought the digital asset to the brink of the $100,000 mark. While Bitcoin’s journey has been anything but linear, the underlying factors fueling its ascent have remained relatively consistent: scarcity, increasing institutional adoption, and growing recognition as a store of value.
One of the most significant catalysts for Bitcoin’s price growth has been the growing institutional involvement in the market. Companies, hedge funds, and even governments are starting to see Bitcoin as a hedge against inflation and a reliable store of value in an era of economic uncertainty. The increasing institutional interest has helped drive demand, leading to higher prices.
Reflect on Bitcoin’s History
It is truly astonishing how Bitcoin has risen to the verge of $100,000. From a small, specialized technology, Bitcoin has become a worldwide sensation, capturing the interest of millions of people. BTC Nears $100K 2025, Despite its remarkable rise, the fundamental principles have remained unwavering despite the challenges encountered.
Summary
The recent ascent of Bitcoin towards $100,000 is a watershed moment in the history of cryptocurrency. Even though Bitcoin’s future is uncertain, the cryptocurrency’s foundational principles are solid. Bullish technical indications, strong macroeconomic conditions, new technologies, and regulatory tailwinds all point to the possibility that this rise is only the start of a longer bull market for Bitcoin.
