Bitcoin (BTC) has entered a consolidation phase, raising questions about its future trajectory as 2025 approaches. Just two weeks ago, Bitcoin hit an all-time high of $108,278, only to nosedive in value shortly after.
Currently trading at $91,800, Bitcoin is down by 1.8% in the last 24 hours and has experienced a significant decline of over 14% from its recent peak.
Traders are watching closely, concerned about potential further volatility and the cryptocurrency's direction as the new year approaches.
