Where is the world's most popular cryptocurrency headed? Bitcoin has had a big year. In 2024, it broke new ground, reaching and surpassing the price of $100,000 per 1 BTC for the first time. But it's a very interesting moment for crypto investors right now. Macroeconomic indicators are all over the place, and the global geopolitical situation hasn't been this messy since the Cold War era. Large entities such as corporations and nation-states have been buying bitcoins en masse, but in recent months, they've been more eager to sell than buy. The U.S. government will no longer sell its stash thanks to Trump's Strategic Bitcoin Reserve initiative. To complicate things further, arcane technologies, such as quantum computing, are threatening to unravel Bitcoin's very foundation — though no one's sure when that may happen or if it will happen at all. All of that leaves Bitcoin in a precarious place. Ask 10 experts where its price may go, and you'll get 10 vastly different answers, likely ranging from zero to hundreds of thousands of dollars. Read more: https://lnkd.in/esy2SaFi
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