Bitcoins next move: A good asset to buy at current price

Hello,

Bitcoin’s journey through 2024 was nothing short of extraordinary, setting the stage for yet another transformative year. Institutional adoption surged, regulatory clarity improved, and technological advancements picked up pace—leaving one big question on everyone’s mind: where is Bitcoin headed in 2025?

At the start of 2025, Bitcoin soared past $109,000, marking its highest price in history. However, after this record-breaking rally, the cryptocurrency retraced to its current levels around $95,000.

Bitcoin’s rise in 2024 solidified its status as a mainstream asset. The approval of multiple spot Bitcoin ETFs by the SEC was a game-changer, unlocking billions in new liquidity and cementing Bitcoin as a legitimate investment vehicle. Institutional adoption followed suit, with major players like BlackRock and BNY Mellon stepping in to offer custody and trading solutions. This influx of institutional confidence fueled Bitcoin’s dramatic and sustained climb throughout the year.

Looking ahead, there’s a strong case for Bitcoin reclaiming its recent highs. In a significant policy shift, U.S. President Donald Trump has ordered the formation of a cryptocurrency working group to draft new digital asset regulations and explore the creation of a national cryptocurrency reserve. At the same time, he has banned the development of central bank digital currencies (CBDCs) in the U.S., ensuring that Bitcoin and other decentralized cryptocurrencies face less direct competition from government-issued alternatives. These moves signal a push toward clearer, more crypto-friendly regulations.

From a technical standpoint, Bitcoin is currently at a strong buy zone, trading at the lower boundary of an expanding triangle pattern. A breakout toward $110,800 appears likely, with the MACD indicator nearing a zero crossover—often a sign that bullish momentum is building. Investors looking to capitalize on this setup can enter positions through brokers that integrate with TradingView. tradingview.com/brokers/ such as TradeNation.

As the crypto market navigates a rapidly evolving regulatory and institutional landscape, Bitcoin’s next move offers great opportunity for buys.