Bitcoin rallies above $106K but 3 key actions must happen for new all-time highs
Bitcoin experienced a strong growth of 13.5% in January 2025, climbing above $106,000 due to a shift in the US government's stance towards the cryptocurrency sector. However, its price struggled to maintain levels above $105,000, prompting traders to analyze factors hindering a sustained bullish run. Key obstacles include new risks associated with the global economic slowdown, where investors may prefer safer assets like cash or government bonds. Despite positive developments such as the CNB's advocacy for Bitcoin in international reserves and significant investments in Bitcoin proxies like MicroStrategy, market apprehensions remain high. Traders are concerned about rising inflation, potential regulatory challenges, and a cautious institutional adoption that may slow down Bitcoin's price movements. Until clearer regulatory frameworks and more widespread institutional adoption occurs, particularly from nation-states, Bitcoin's potential to surpass previous all-time highs seems limited.
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