In 2024, the Bitcoin price movement was dramatic, with a cumulative increase of up to 135.7% since the beginning of the year. On December 5th, it broke through the $100,000 mark, reaching $104,630.4 per coin. However, on December 20th, it suddenly experienced a big dump of about 9%, falling below the key level of $98,000.

Finnish trade newspaper Kauppalehti predicts that BTC will experience a big dump of 40% in 2025, as the honeymoon period between Trump and BTC investors will end in the autumn, the high expectations for the cryptocurrency industry have failed to materialize, coupled with the decline in the return rate of the US stock market, the bull market cycle of BTC will be interrupted.

Technical analysis: From the recent 4-hour candlestick chart, the price has risen significantly compared to 2024-12-27 16:00:00. However, the last candlestick is a bullish candlestick with the closing price higher than the opening price. However, the trading volume has increased while the price has declined, indicating an increase in selling pressure. Based on MACD analysis, the current market trend shows no obvious direction, but the MACD histogram remains positive and gradually lengthens, indicating strong bullish forces. The KDJ value is 13, indicating an oversold condition and a market in a oscillating trend, with a divergence between volume and price. Currently, the RSI is in the oversold area. Based on historical trends, when the RSI stays at high levels, it usually indicates strong bullish momentum and that the upward momentum is not completely exhausted, but a short-term correction may occur.