Bitcoin

<p>Bitcoin is on an impressive rise, with the price soaring by about 6.44% in just five days. This sharp upward movement has many wondering: Is the cryptocurrency gearing up for something big? Experts, like technical analyst Gert van Lagen, believe Bitcoin could soon break through the $200K mark. </p>   
<p>But what’s driving this sudden surge, and how far could it go? Let’s dive in and explore the exciting possibilities.</p>   
<h2 class="wp-block-heading" id="h-bitcoin-price-breakthroughs">Bitcoin Price Breakthroughs </h2>   
<p>On December 5, <a href="https://coinpedia.org/price-analysis/bitcoin-hits-100k-a-historic-milestone-for-cryptocurrency/" target="_blank" rel="noreferrer noopener">Bitcoin broke the $100K barrier </a>for the first time. However, between December 9 and 10, the market saw a 4.48% correction, pulling Bitcoin down to about $96,548.50. But by December 11, the market rebounded with a massive single-day rise, pushing Bitcoin back above $100K. Since then, the price has surged by at least 10.30%.</p>   
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<h2 class="wp-block-heading" id="h-understanding-the-bitcoin-surge">Understanding the Bitcoin Surge</h2>   
<p>The sharp rise has sparked growing excitement among long-term cryptocurrency investors. The strong upward movement is giving more confidence to buyers, driving Bitcoin’s momentum even higher.</p>   
<p>According to Lagen, Bitcoin has moved past the “re-accumulation phase,” a key resistance zone in technical terms. This breakthrough is an important sign that the market is ready for further growth.</p>   
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   https://twitter.com/GertvanLagen/status/1868736052204388594?t=0zeCaxvhaaegsyekiDQyCQ&amp;s=19 
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<h2 class="wp-block-heading" id="h-bitcoin-s-strong-start-to-2024">Bitcoin’s Strong Start to 2024</h2>   
<p>IBitcoin had a standout first quarter of 2024, with a return of +68.7%. While the second and third quarters were quieter, the current bullish trend suggests that Bitcoin may outperform its first-quarter results in the final quarter of the year.</p>   
<p>Looking ahead, Lagen is optimistic about Bitcoin’s future, predicting that it could reach $200K in the near term. This outlook reflects a growing belief that Bitcoin’s position in the financial market will continue to strengthen, even as traditional markets face challenges.</p>   
<p class="has-background" style="background-color:#e9f0ff"><strong>Are institutions fueling Bitcoin's rise? Read the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin price prediction</a> to find out where this unstoppable surge is headed next!</strong></p>   
<h2 class="wp-block-heading" id="h-bitcoin-stands-strong-even-in-a-recession">Bitcoin Stands Strong - Even In a Recession</h2>   
<p>Lagen also warns that a global economic recession could be on the horizon within the next two and a half months. However, he sees Bitcoin as a strong alternative asset, especially during times of market uncertainty. Lagen believes that a recession would have little to no negative impact on Bitcoin’s price.</p>   
<p>Even with a potential global recession, the cryptocurrency market’s momentum remains strong. As traditional markets face uncertain times, Bitcoin continues to stand out as a promising investment.</p>   [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
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 <div class="schema-faq-section" id="faq-question-1734417685644">
  <strong class="schema-faq-question">How much will Bitcoin be worth in 2025?</strong> 
  <p class="schema-faq-answer">As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734417686675">
  <strong class="schema-faq-question">What will one Bitcoin be worth in 2030?</strong> 
  <p class="schema-faq-answer">In 2030, the price of 1 Bitcoin could reach a height of $610,646.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734417733957">
  <strong class="schema-faq-question">What is the highest price of Bitcoin ever recorded?</strong> 
  <p class="schema-faq-answer">The highest price of Bitcoin ever recorded was approximately <strong>$107,780.58</strong> on <strong>December 17, 2024</strong>, during the peak of its bull run</p> 
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Bitcoin is “Recession-Proof” and Will Hit $200K Soon, Claims Analyst

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