Regulatory easing, macro environment, and investment demand will support BTC to have a greater pump space this year

Odaily Planet Daily News According to recent weeks, the price of BTC has fallen, pulling back significantly from the historical high above $108,000 reached in mid-December, with a drop of nearly 3% in the month, but still a year-round increase of about 120% in 2024. The astonishing increase in BTC this year can be attributed to three bullish factors - optimistic sentiment about regulatory loosening, improved macro environment, and surging investment demand. Analysts predict that this cryptocurrency may have even greater pump potential in 2025. Tom Lee, founder of Fundstart Global Advisors, expects BTC to reach $250,000 in 2025. Standard Chartered Bank expects $200,000. In the past two bull market cycles since 2017, BTC has set new highs every four years. The rise in each bull market cycle is between 2300% to 1700%, and then pulls back by 70% to 80%. Since reaching a low of $16,000 two years ago, BTC has surged by about 600%, indicating its huge potential for further pump in the next two years. (BusinessInsider)