I’m a bear on crypto. I am not a believer in the ‘bitcoin to a mil this year’ group of acolytes. Bitcoin could hit $1m, for several reasons, but not this cycle.

The price of Bitcoin soared 119% in 2024, and the bulls have been out in full force, making predictions about where the cryptocurrency is headed.

If you want exposure to Bitcoin without having to spend more than $100,000 for one coin, there are other ways to invest. You can buy fractions of a Bitcoin on crypto exchanges or brokerage platforms, invest in a Bitcoin ETF or look to crypto-related stocks and ETFs.

On Wednesday, the price of bitcoin jumped to more than $104,000, following Donald Trump’s announcement of a presidential pardon for Silk Road and bitcoin-libertarian folk hero Ross Ulbricht. The digital asset community also eagerly anticipated a flood of crypto executive orders that would overturn years of perceived regulatory slights.

Bitcoin BTCUSD +0.14% hit a record at $109,225 early Monday ahead of the inauguration ceremony of President Donald Trump, who is expected to run a pro-crypto administration.

Market analysts see higher floors as enthusiasm for digital assets surges despite uncertain economic indicators.

Bitcoin could be propelled to a valuation of $130,000 in 2025 according to one wealth advisor, buoyed by positive sentiments from CEOs like Brian Moynihan.

That’s Larry Fink, chief executive at BlackRock Inc., the world’s largest asset manager, who says that bitcoin could reach $700,000 if more funds consider adding a 2% to 5% allocation into the crypto.

Bitcoin, the world's largest cryptocurrency, approached the previous session's record high on Tuesday in choppy trading as the top U.S. markets regulator unveiled a plan to overhaul rules for the sector.

Crypto fans who love Bitcoin and Ripple are now showing big support for Remittix. At $104,750, Bitcoin (BTC) rose +3.03% in the last day, although trading volume dropped -30.5% to $74.67 billion. Meanwhile,

The cryptocurrency market continues to experience volatility, with Bitcoin (BTC) dropping below $102K on Thursday. Other major cryptocurrencies, including Ethereum (ETH), XRP, and Solana (SOL), also saw declines in the 1%-3% range.