Most cryptocurrency experts believe that the price of Bitcoin will be higher than the current level next year

Odaily reported that Bitcoin fell 7% in the past 7 days. Ethereum also plummeted 10% during the same period. Ripple and Solana also experienced similar declines. The cryptocurrency market has been overshadowed by a bearish sentiment since the Federal Reserve hinted at a hawkish outlook for 2025. Traders have started to reduce the risk in their portfolios, causing Bitcoin to fall from its record high of $108,000. However, many experts in the cryptocurrency market are bullish on Bitcoin's price next year. Most cryptocurrency authorities believe that the price of Bitcoin will be higher than the current level next year, including: 1. K33 Research Institute predicts that the price of Bitcoin will reach at least $146,000 next year; 2. Standard Chartered, Bernstein, and Bitwise all expect Bitcoin's price to reach $200,000; 3. Fundstrat founder Tom Lee expects Bitcoin's price to reach $250,000. President-elect Trump will be inaugurated on January 20th, and the eyes of every cryptocurrency investor are focused on the upcoming cryptocurrency policy. Trump has even expressed an open attitude towards establishing a Bitcoin strategic reserve in the United States.