Ever since the start of the year, the crypto markets have been subject to massive volatility. The Bitcoin price, in particular, has oscillated with significant margins on either side. This ongoing volatility has increased interest and scrutiny over Bitcoin's market behavior.
The heightened attention comes as Bitcoin's dominance has rebounded from crucial support levels. Analysts believe this indicates potential for further growth and price movement, suggesting that Bitcoin may be primed for substantial gains in the coming years, with a possibility of reaching $120 by February 2025.