Most cryptocurrency authorities believe that the price of BTC next year will be higher than the current level.

Odaily Planet Daily News BTC fell 7% in the past 7 days. ETH fell 10% during the same period. Ripple and Solana also experienced similar declines. The cryptocurrency market has been overshadowed by a bearish sentiment after the Federal Reserve hinted at a hawkish outlook for 2025. Traders are starting to drop portfolio risks, leading BTC to fall from a record high of $108,000. However, many cryptocurrency market experts are bullish on the price of BTC next year. Most cryptocurrency authorities believe that the price of BTC will be higher than the current level next year, including:

1. K33 research institute predicts that the price of BTC will reach at least $146,000 next year;
2. Standard Chartered Bank, Bernstein, and Bitwise all expect BTC prices to reach $200,000; 3, Fundstrat founder Tom Lee expects the price of BTC to reach $250,000. The eyes of every cryptocurrency investor are focused on the upcoming cryptocurrency policy as the U.S. President-elect Trump is set to take office on January 20. Trump even expressed openness to the establishment of a strategic reserve of BTC in the United States. (FX168)