As Bitcoin (BTC) has once again reached new highs and is continuing its daily rally, there are indications that the New Year's rally will continue.
At 10:45 a.m. on the 17th, the CoinMarketCap reference Bitcoin price was 1.21 higher than the same time the previous day.
Bitcoin rose to $107,756 at 3:30 a.m. on the same day, hitting a new record high again following the previous day.
Whales have been steadily purchasing Bitcoin, and MicroStrategy, which holds the most Bitcoin of any single company, has once again begun purchasing more.
MicroStrategy founder Michael Saylor revealed through X (formerly Twitter) that "MicroStrategy purchased an additional 15,350 BTC on the 15th (local time)."
The deal is expected to reach about $1.5 billion, said Julio Moreno, senior analyst at CryptoQuant.
Moreno said through X (formerly Twitter) that "demand continues to exceed supply,
"Since November 20, the amount of Bitcoin in the over-the-counter (OTC) desk balance has decreased by 40,000 BTC."
This means that demand for buying is also continuing. As a result, the prevailing view is that even if there is a short-term correction, the New Year's rally will continue.
Matthew Siegel, head of cryptocurrency research at US asset management firm BernEck, said: "In 2025,
Bitcoin will hit $180,000."
2024/12/17 12:39 KST
Copyright(C) BlockchainToday wowkorea.jp 118