Bitcoin Could Breach $150,000 in 2025, Says Satoshi Action Fund CEO

Quick Summary:

Bitcoin started the new year with a slow recovery as its price witnessed around 2% rise in the last 24 hours.

After plunging to around $91K price range by the end of 2024, it has now entered the $95K zone, reaffirming predictions behind the larger 2025 bull run.

While most of the long-term BTC holders sold the crypto for gains in December 2024, the year end tax benefits might also be another reason for a large sell-off.

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Article Details

Author / Journalist: Manisha Ailneni

Category: Crypto

Markets: United Arab Emirates

Topics: 2025 Bitcoin Crypto Price Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-02 @ 06:30:12 (6 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 329 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24815557

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 34 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

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News Language: English

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Publisher ID: #125

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