{"id":302226,"date":"2024-08-26T11:54:01","date_gmt":"2024-08-26T11:54:01","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=302226"},"modified":"2024-10-04T11:10:13","modified_gmt":"2024-10-04T11:10:13","slug":"bitcoin-price-analysis","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/bitcoin-price-analysis","title":{"rendered":"Crypto Autumn: Will Bitcoin Fail to Move Past 70K Again in 2025?"},"content":{"rendered":"<p>The <a href=\"https:\/\/www.techopedia.com\/definition\/27193\/bitcoin-btc\">Bitcoin<\/a> (BTC) price can never catch a break. It&#8217;s always on the move, reacting to any market news either positively or negatively. It briefly surged over $70,000 in March and <a href=\"https:\/\/www.techopedia.com\/news\/bitcoin-surges-to-all-time-high-of-71000\">even reached an all-time high<\/a> of $71,000, but it has been unable to beat past records ever since.<\/p>\n<p>The BTC price dropped to $53,000 at the start of September before stabilizing at about $60,000 by the beginning of October.<\/p>\n<p><a href=\"https:\/\/www.techopedia.com\/cryptocurrency\/bitcoin-price-prediction\">Could BTC surpass previous highs<\/a> again in 2025, or is this the perfect time to sell? In this article, we explore what investors should keep in mind when conducting a Bitcoin price analysis before deciding to <a href=\"https:\/\/www.techopedia.com\/cryptocurrency\/how-to-buy-bitcoin\">buy or sell BTC<\/a>.<\/p>\n<div class=\"su-note\"  style=\"border-color:#dddddd;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#F7F7F7;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h2><span id=\"key_takeaways\">Key Takeaways<\/span><\/h2>\n<ul>\n<li>Bitcoin has experienced significant price fluctuations in 2024, dropping to around $53,000 in September 2024 before stabilizing near $60,000 by the beginning of October.<\/li>\n<li>Promising developments, such as U.S. interest rate cuts and SEC approval for Bitcoin options, could create a positive environment for BTC in Q4 2024.<\/li>\n<li>Escalating geopolitical tensions, particularly in the Middle East, have introduced uncertainty into global markets, impacting Bitcoin&#8217;s price. Investors are wary, as conflicts can disrupt supply chains and lead to increased volatility in digital assets.<\/li>\n<li>The outcome of the upcoming U.S. elections could significantly affect Bitcoin&#8217;s future.<\/li>\n<li>As new, often inexperienced participants enter the cryptocurrency market, education and awareness become essential.<\/li>\n<\/ul>\n<\/div><\/div>\n<div>\n    <section class=\"toc-sticky w-100 bg-white \">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\"\n                 aria-controls=\"multiCollapse1\"\n                 data-bs-target=\"#multiCollapse1\">\n                <button\n                        class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\"\n                >\n                    <i class=\"icon-chevron-up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n                <span class=\"toc-main-title-permanent\">Table of Contents<\/span>\n            <\/div>\n            <div\n                    class=\"collapse my-3\"\n                    id=\"multiCollapse1\"\n            >\n                <ol class=\"StepProgress\">\n                                                                        <li class=\"StepProgress-item current\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"key_takeaways\"\n                               onclick=handleScrollToTitle(\"key_takeaways\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Key Takeaways<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"what_is_driving_the_bitcoin_price_today\"\n                               onclick=handleScrollToTitle(\"what_is_driving_the_bitcoin_price_today\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">What Is Driving the Bitcoin Price Today?<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"bitcoin_price_analysis_analyst_views_for_2024_2025\"\n                               onclick=handleScrollToTitle(\"bitcoin_price_analysis_analyst_views_for_2024_2025\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Bitcoin Price Analysis: Analyst Views for 2024 &amp; 2025<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"the_bottom_line\"\n                               onclick=handleScrollToTitle(\"the_bottom_line\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">The Bottom Line<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"faqs\"\n                               onclick=handleScrollToTitle(\"faqs\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">FAQs<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"references\"\n                               onclick=handleScrollToTitle(\"references\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">References<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                    <\/ol>\n                <div class=\"toc-sticky__container__disperse\"><\/div>\n                <div class=\"toc-sticky__btn-top justify-content-center\">\n                    <button class=\"btn btn-link d-flex align-items-center\" onclick={btnTop()}><p>Show Full Guide<\/p><img decoding=\"async\"\n                                src=\"\/wp-content\/plugins\/table-of-contents\/assets\/images\/arrow-up-circle.svg\"\n                                alt=\"arrow-up-circle\">\n                    <\/button>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>\n    <div class=\"toc-sticky-list\">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\" aria-controls=\"multiCollapse2\" data-bs-target=\"#multiCollapse2\">\n                <button class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\">\n                    <i class=\"icon-chevron-up up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n            <\/div>\n            <div  class=\"collapse my-3\" id=\"multiCollapse2\">\n                <ol class=\"StepProgress\">\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item current \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"key_takeaways\"\n                                   onclick=handleScrollToTitle(\"key_takeaways\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Key Takeaways<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"what_is_driving_the_bitcoin_price_today\"\n                                   onclick=handleScrollToTitle(\"what_is_driving_the_bitcoin_price_today\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">What Is Driving the Bitcoin Price Today?<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"bitcoin_price_analysis_analyst_views_for_2024_2025\"\n                                   onclick=handleScrollToTitle(\"bitcoin_price_analysis_analyst_views_for_2024_2025\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Bitcoin Price Analysis: Analyst Views for 2024 &amp; 2025<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t\n\t\t\t\t\t\t <span class=\"show_moretoc\">Show Full Guide<\/span>\n\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"the_bottom_line\"\n                                   onclick=handleScrollToTitle(\"the_bottom_line\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">The Bottom Line<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"faqs\"\n                                   onclick=handleScrollToTitle(\"faqs\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">FAQs<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"references\"\n                                   onclick=handleScrollToTitle(\"references\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">References<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                                    <\/ol>\n            <\/div>\n            <div class=\"toc-sticky__container__disperse\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<script id=\"toc-js\">\n    window.addEventListener(\"DOMContentLoaded\", () => {\n        const header = document.querySelector(\".header_wrapper\");\n\n        const pageLegend = document.querySelector('#multiCollapse1');\n        const pageLegendList = document.querySelector('#multiCollapse2');\n        const pageLegendCollapse = new bootstrap.Collapse(pageLegend, {toggle: document.querySelector(\".toc-sticky\").classList.contains('sticky')});\n\n        \/**\n         * Changing current title\n         *\/\n        (function (pageLegend) {\n            const titleNodes = pageLegend.querySelectorAll('.StepProgress-item__link');\n\n            if (!titleNodes.length) return;\n\n            const titles = [...titleNodes].map((itm, i) => ({\n                id: itm.getAttribute('data-id'),\n                text: itm.textContent,\n                level: itm.getAttribute('data-level'),\n                linkNode: itm,\n                titleNode: document.getElementById(itm.getAttribute('data-id')),\n                index: i,\n            }));\n\n            \/**\n             * Source: https:\/\/www.sitepoint.com\/throttle-scroll-events\/\n             * @param {Function} fn\n             * @param {number} wait\n             * @returns {(function(): void)|*}\n             *\/\n            const throttle = (fn, wait) => {\n                let time = Date.now();\n                return function () {\n                    if ((time + wait - Date.now()) < 0) {\n                        fn();\n                        time = Date.now();\n                    }\n                }\n            }\n\n            const changeCurrentTitle = () => {\n                const documentScrollTop = window.pageYOffset || document.documentElement.scrollTop || document.body.scrollTop || 0;\n                let current = 0;\n\n                \/\/ Title\n                titles.forEach((itm, i) => {\n\t\t\t\t\/\/console.log(itm)\n                    const itmOffsetTop = itm.titleNode ? itm.titleNode.offsetTop - 100 : 0;\n\n                    if (documentScrollTop >= itmOffsetTop) {\n                        document.getElementById('toc-current-title').innerHTML = itm.text;\n                        document.getElementById('toc-current-title').setAttribute('data-current-id', itm.id);\n                        document.getElementById('toc-current-title').setAttribute('data-current-level', itm.level);\n                        current = i;\n                    }\n                })\n\n                \/\/ close all list and open sub list if needed\n                if (document.querySelector(\".toc-sticky\").classList.contains('sticky')) {\n                    document.querySelectorAll('.subList-in-progress').forEach((el) => {\n                        el.children[1].classList.remove('show');\n                        el.getElementsByClassName('icon-chevron-down')[0].classList.remove('up');\n                    });\n                    const currentEl = titles[current];\n                    currentEl.linkNode.classList.add('show');\n                }\n\n                titles.forEach((itm, i) => {\n                    itm.linkNode.parentNode.parentNode.classList.remove('current', 'is-done');\n                    if (current > i) {\n                        itm.linkNode.parentNode.parentNode.classList.add('is-done')\n                    };\n                    if (current === i) {\n                      itm.linkNode.parentNode.parentNode.classList.add('current');\n                    };\n                })\n\n            }\n\n            changeCurrentTitle();\n\n            document.addEventListener('scroll', throttle(changeCurrentTitle, 50));\n        })(pageLegend);\n\n\n        \/**\n         *  Collapse\n         *\/\n        (function (pageLegend, header) {\n            const icon = pageLegend.parentNode.querySelector(\".collapse-action-btn i\");\n\n            const collapseToggle = (status) => (e) => {\n                if (!e.target.isEqualNode(pageLegend)) return;\n\n                icon.classList.toggle(\"up\");\n\n                const containerHeight = pageLegend.getBoundingClientRect().height;\n\n                const showSubtitleContent = () => {\n                    const currentId = document.getElementById('toc-current-title').getAttribute('data-current-id');\n                    const currentLevel = document.getElementById('toc-current-title').getAttribute('data-current-level');\n                    const currentSubTitle = currentLevel == 3 ? document.querySelector(`a[data-id=\"${currentId}\"]`).parentNode.parentNode.parentNode : false;\n\n                    if (!currentSubTitle) return;\n                    new bootstrap.Collapse(currentSubTitle, {toggle: false}).show();\n                }\n\n                showSubtitleContent();\n                if (status === 'shown' && document.querySelector(\".toc-sticky\").classList.contains('sticky') ) {\n                    document.querySelector('html').classList.remove('overflow-hidden');\n                    pageLegend.classList.add('overflow-auto');\n                    pageLegend.style.height = `calc(100vh - ${header.getBoundingClientRect().height + document.querySelector('.toc-sticky__open').getBoundingClientRect().height + 16}px)`;\n                } else if (status === 'hide') {\n                    document.querySelector('html').classList.remove('overflow-hidden');\n                    pageLegend.classList.remove('overflow-auto');\n                    pageLegend.style.height = 'auto';\n                }\n            }\n\n            pageLegend.addEventListener('shown.bs.collapse', collapseToggle('shown'));\n            pageLegend.addEventListener('hide.bs.collapse', collapseToggle('hide'));\n        })(pageLegend, header);\n\n        \/**\n         * Collapse sub-titles\n         *\/\n        (function (pageLegend) {\n            const collapseEls = pageLegend.querySelectorAll('.collapse');\n\n            collapseEls.forEach(function (el) {\n\n                const toggleArrowDirection = function (e) {\n                    if (!e.target.isEqualNode(el)) return;\n\n                    const id = this.getAttribute('id');\n                    document.querySelector(`.collapse-action-btn[data-bs-target=\"#${id}\"] .icon-chevron-down`).classList.toggle('up');\n                }\n                el.addEventListener('shown.bs.collapse', toggleArrowDirection);\n                el.addEventListener('hide.bs.collapse', toggleArrowDirection);\n            })\n        })(pageLegend);\n\n        \/**\n         *  Collapse main title\n         *\/\n        (function (pageLegendList) {\n            const icon = pageLegendList.parentNode.querySelector(\".collapse-action-btn i\");\n\n            const collapseToggle = () => (e) => {\n                if (!e.target.isEqualNode(pageLegendList)) return;\n\n                icon.classList.toggle(\"up\");\n\n            }\n            pageLegendList.addEventListener('shown.bs.collapse', collapseToggle());\n            pageLegendList.addEventListener('hide.bs.collapse', collapseToggle());\n        })(pageLegendList);\n\n        (function (pageLegendList) {\n            const collapseEls = pageLegendList.querySelectorAll('.collapse');\n\n            collapseEls.forEach(function (el) {\n\n                const toggleArrowDirection = function (e) {\n                    if (!e.target.isEqualNode(el)) return;\n\n                    const id = this.getAttribute('id');\n                    document.querySelector(`.toc-sticky-list .collapse-action-btn[data-bs-target=\"#${id}\"] .icon-chevron-down`).classList.toggle('up');\n                }\n                el.addEventListener('shown.bs.collapse', toggleArrowDirection);\n                el.addEventListener('hide.bs.collapse', toggleArrowDirection);\n            })\n        })(pageLegendList);\n\n        \/**\n         * Sticky functionality\n         * Source: https:\/\/stackoverflow.com\/questions\/17893771\/javascript-sticky-div-after-scroll\n         *\/\n        (function (header, pageLegendCollapse) {\n            \/\/ set everything outside the onscroll event (less work per scroll)\n            const target = document.querySelector(\".toc-sticky\");\n            const targetListStatic = document.querySelector(\".toc-sticky-list\");\n\n            if (!target || !header) return;\n\n            const headerHeight = header.getBoundingClientRect().height;\n            const targetHeight = targetListStatic.getBoundingClientRect().height;\n\n            \/\/ -headerHeight so it won't be jumpy\n            const stop = targetListStatic.offsetTop + headerHeight + targetHeight;\n            const docBody =\n                document.documentElement || document.body.parentNode || document.body;\n            const hasOffset = window.pageYOffset !== undefined;\n\n            const applySticky = function () {\n                \/\/ cross-browser compatible scrollTop.\n                const scrollTop = hasOffset ? window.pageYOffset : docBody.scrollTop;\n\n                \/\/ if user scrolls to headerHeight from the top of the target div\n                if (scrollTop >= stop) {\n                    pageLegendCollapse.hide();\n                    \/\/ stick the div\n                    target.classList.add(\"sticky\");\n                    \/\/target.style.marginTop = `${headerHeight}px`;\n                } else {\n                    pageLegendCollapse.show();\n                    \/\/ release the div\n                    target.classList.remove(\"sticky\");\n                    target.style.marginTop = \"\";\n                }\n            }\n\n            applySticky();\n\n            window.addEventListener('scroll', applySticky);\n        })(header, pageLegendCollapse);\n\tjQuery('span.show_moretoc').click(function(){\n\t\tjQuery('span.show_moretoc').hide();\n\t   jQuery('.ms_hidetoc').show();\n\t});\n    });\n\n    \/\/ When the user clicks on the button, scroll to the top of the document\n    function btnTop() {\n        const pageLegend = document.querySelector('#multiCollapse1');\n        document.querySelector('html').classList.remove('overflow-hidden');\n        pageLegend.classList.remove('overflow-auto');\n        pageLegend.style.height = 'auto';\n        window.scrollTo({\n            top: 0,\n            behavior: 'smooth'\n        });\n    }\n\n    const handleScrollToTitle = (id) => {\n        const el = document.getElementById(id);\n        const headerHeightDifference = window.innerWidth < 992 ? -30 : -15;\n        window.scrollTo({\n            top: el.offsetTop - 60 - headerHeightDifference - 10,\n        });\n    }\n<\/script>\n\n<h2><span id=\"what_is_driving_the_bitcoin_price_today\">What Is Driving the Bitcoin Price Today?<\/span><\/h2>\n<p>One of the biggest questions crypto investors have is what are some of the key events driving the Bitcoin price chart today.<\/p>\n<p>From the cryptocurrency&#8217;s own limitations and a more diverse crypto market to much broader events, such as decisions to cut back on interest rate hikes, BTC has been known to react dramatically to the latest economic, tech, and geopolitical news.<\/p>\n<figure id=\"attachment_326538\" aria-describedby=\"caption-attachment-326538\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Bitcoin-1-year-performance-chart-300x200.jpeg\" alt=\"Bitcoin 1-year performance chart\" width=\"1200\" height=\"800\" class=\"wp-image-326538\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Bitcoin-1-year-performance-chart-300x200.jpeg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Bitcoin-1-year-performance-chart-1024x683.jpeg 1024w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Bitcoin-1-year-performance-chart-768x512.jpeg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Bitcoin-1-year-performance-chart.jpeg 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-326538\" class=\"wp-caption-text\">Bitcoin 1-year performance chart. Source: CoinMarketCap<\/figcaption><\/figure>\n<h3>Tailwinds &amp; Cautious Territories<\/h3>\n<p><a href=\"https:\/\/www.coinbase.com\/en-gb\/institutional\/research-insights\/research\/weekly-market-commentary\/weekly-2024-09-27#:~:text=Coinbase%20Exchange%20%26%20CES%20Insights&amp;text=Gaming%2C%20Scaling%20Solutions%2C%20and%20Layer,near%20average%20six%20month%20levels.\" target=\"_blank\">Coinbase&#8217;s &#8220;Weekly: Takeaways From Token2049&#8221;<\/a> report, released at the end of September 2024, stated that <strong>Q4 could be a constructive period for the BTC price<\/strong> amid promises of rate cuts in the United States and monetary stimulus from China, which could drive more <a href=\"https:\/\/www.techopedia.com\/definition\/liquidity\">liquidity<\/a> and support the token&#8217;s future performance.<\/p>\n<p>That, paired with the <a href=\"https:\/\/www.techopedia.com\/definition\/securities-and-exchange-commission-sec\">United States Securities and Exchange Commission&#8217;s <\/a>(SEC) <a href=\"https:\/\/www.sec.gov\/files\/rules\/sro\/ise\/2024\/34-101128.pdf\" target=\"_blank\">approval of options on iShares Bitcoin Trust<\/a>, could help the <a href=\"https:\/\/www.techopedia.com\/definition\/27531\/cryptocurrency\">cryptocurrency<\/a> climb past its previously achieved all-time high of $71,000 in March.<\/p>\n<p>However, despite a seemingly positive environment, cryptocurrency experts continue to tread cautiously when it comes to betting bullish on the future of the BTC price amid escalating geopolitical tensions and the upcoming U.S. elections.<\/p>\n<h3>Escalating Tensions in the Middle East<\/h3>\n<p>With Israel&#8217;s troops entering Lebanon and fears of a much broader outbreak of war in the Middle East, the global economy is entering cautious territory.<\/p>\n<p>While the immediate impact on global markets has been limited, this marks the second major geopolitical conflict following the outbreak of the war in Ukraine. Wars in key regions could potentially disrupt supply chains, leading to increased <a href=\"https:\/\/www.techopedia.com\/definition\/volatility\">volatility<\/a> in digital assets, including BTC, as investors look for safe-haven alternatives.<\/p>\n<p>Speaking with Techopedia, <strong>Michael Terpin, the founder and CEO of <\/strong><a href=\"https:\/\/transformgroup.com\/\" target=\"_blank\"><strong>Transform Ventures<\/strong><\/a>, a blockchain advisory and venture studio, explained that in the short term, <a href=\"https:\/\/www.techopedia.com\/definition\/fear-and-greed-index\">the fear and greed index<\/a> for BTC pushed below 38, signalling high levels of fear in the market and indicating that investors are overly cautious when dealing with certain assets.<\/p>\n<blockquote><p>&#8220;This is all about the conflict in Israel with Gaza that is now extended into a war, potentially a significant one. With Iran getting involved, that could potentially draw in other players like China, Russia, and the United States, a scenario which could play out in the stock market. We will find out in the next few weeks how quickly this escalates, if it evolves into something more significant involving other players or not.&#8221;<\/p><\/blockquote>\n<p><strong>Stuart Connolly, the CIO at <\/strong><a href=\"https:\/\/deusx.capital\/\" target=\"_blank\"><strong>Deus X Capital<\/strong><\/a>, further highlighted that the escalation of the geopolitical situation in the Middle East led to a recent sell-off, forcing the BTC price to drop from $65,000 at the end of September to about $60,000 by the time of writing (October 4).<\/p>\n<h3>Uncertainty Around U.S. Election Outcome<\/h3>\n<p>Connolly explained that the macro environment continues to improve as we approach the end of the year, with crypto liquidity and sentiment on the rise. However, external factors, such as the conflict in the Middle East and the upcoming US election, continue to make the BTC price wary.<\/p>\n<blockquote><p>&#8220;Should a Trump administration come into office, this will almost certainly act as a tailwind for BTC, but the Harris camp has come out and materially softened their anti-crypto stance in recent weeks, which suggests that prices could remain steady with potential upside in either case,&#8221; Connoly told Techopedia.<\/p><\/blockquote>\n<p><strong>Dr. Tonya M. Evans, ESQ, author of<\/strong> <a href=\"https:\/\/digitalmoneydemystified.com\/\" target=\"_blank\"><strong><i>Digital Money Demystified<\/i><\/strong><\/a><strong> and a professor at Penn State Dickinson Law<\/strong>, added that the uncertainty on where <a href=\"https:\/\/www.techopedia.com\/crypto-regulations-inside-the-global-landscape\">crypto regulation<\/a> could be headed post-election will be a significant driver in the direction the BTC price trend will go in. She said:<\/p>\n<blockquote><p>&#8220;Investors may adopt a wait-and-see approach as they gauge how future policies could affect the crypto market\u200b\u200b.&#8221;<\/p><\/blockquote>\n<h3>The Fed Is Cutting Rates<\/h3>\n<p>Steering away from major geopolitical events that are playing key roles in Bitcoin&#8217;s price today, <strong>Federal Reserve Chair, Jerome Powell,<\/strong> has hinted that moving forward the Fed will continue to consider more <a href=\"https:\/\/www.techopedia.com\/definition\/interest-rate\">interest rate<\/a> cuts.<\/p>\n<p>During a Federal Reserve meeting on September 18, the U.S. government official decided to lower interest rates by 50 basis points \u2013 an economic win, seeing this is the first reduction in over four years.<\/p>\n<p>In a statement released by Powell on September 30, the Chair highlighted that the U.S. government is confident inflation rates in the country could move sustainability down to 2%.<\/p>\n<p>&#8220;Looking forward, if the economy evolves broadly as expected, policy will move over time toward a more neutral stance.&#8221;<\/p>\n<div class=\"su-note\"  style=\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\nA more bullish stance on cutting interest rates in the U.S. could also impact the BTC price in the long term. However, the BTC price could still face some pressure due to broader regulatory concerns and politcial uncertainty, Dr. Evans explained.<br \/>\n<\/div><\/div>\n<h2><span id=\"bitcoin_price_analysis_analyst_views_for_2024_2025\">Bitcoin Price Analysis: Analyst Views for 2024 &amp; 2025<\/span><\/h2>\n<p>Despite all the worrisome factors, <strong>industry experts remain bullish<\/strong>, highlighting that the Bitcoin price chart <strong>could totally rise past the $70,000 mark in 2025<\/strong>.<\/p>\n<p>Transform Ventures&#8217; Terpin is extremely bullish on the BTC price, noting that <strong>it could even break past the $70,000 barrier post-election<\/strong>, irrespectively whether Trump or Harris win the race.<\/p>\n<p>He further explains that the <strong>current dip cycle is a normal phenomenon<\/strong> for the BTC price, quoting Satoshi Nakamoto&#8217;s whitepaper:<\/p>\n<blockquote><p>&#8220;If you go back to Satoshi&#8217;s whitepaper, [their] whole reasoning behind the halving was that every four years, as long as the number of new [BTC] users goes up, higher than the amount of Bitcoin, then the price has to go up. It doesn&#8217;t go up in a straight line, it goes through the normal cycles of fear and greed.&#8221;<\/p><\/blockquote>\n<p>Deus X Capital&#8217;s Connolly was ready to bet even bigger bets on where BTC could be headed in 2025, noting that it could <strong>surpass $150,000 by the end of the following year<\/strong>.<\/p>\n<blockquote><p>&#8220;We believe rate cuts and global stimulus will increase. We believe the US regulatory situation will also improve, and institutions continue to commit huge amounts of capital to the industry. Barring any major or global risk events, we expect to see Bitcoin above $150,000 by the end of 2025.&#8221;<\/p><\/blockquote>\n<p>Dr. Evans added that with the broader acceptance of <a href=\"https:\/\/www.techopedia.com\/now-we-have-spot-btc-etfs-whats-next\">Bitcoin ETFs<\/a>, the cryptocurrency has the potential to attract more institutional investors, thus also driving the BTC price.<\/p>\n<p>However, Dr. Evans also highlighted <strong>the importance of balancing predictions with the increased risks to investors<\/strong>, especially as we face a shifting political and macroeconomic landscape.<\/p>\n<blockquote><p>&#8220;With the potential for bullish cycles on the horizon, there is an influx of new and often inexperienced participants entering the market. It is critical to ensure that investors, especially those from historically marginalized communities, are armed with the knowledge and tools to navigate the complexities of the digital asset space\u200b\u200b.<\/p>\n<p>&#8220;Clear, transparent regulations combined with robust educational initiatives will be essential to ensuring that all market participants are protected as we head into what could be another period of rapid growth\u200b\u200b.&#8221;<\/p><\/blockquote>\n<h2><span id=\"the_bottom_line\">The Bottom Line<\/span><\/h2>\n<p>Bitcoin&#8217;s trajectory in 2024 has been marked by volatility, influenced by both macroeconomic factors and internal market dynamics.<\/p>\n<p>After reaching a peak earlier in the year, BTC faced a sharp decline to around $53,000 in September, only to stabilize at approximately $60,000 as October began.<\/p>\n<p>Promising developments, such as potential interest rate cuts and the SEC&#8217;s approval of options on the iShares Bitcoin Trust, suggest a constructive outlook for Q4. However, geopolitical tensions and the uncertainty surrounding the upcoming U.S. elections have kept investors cautious.<\/p>\n<p>The potential for BTC to surpass previous highs remains, but careful consideration of the surrounding risks will be essential for informed decision-making.<\/p>\n<h2><span id=\"faqs\">FAQs<\/span><\/h2>\n<div class=\"man_faq_sec\" itemscope itemtype=\"https:\/\/schema.org\/FAQPage\"><\/time><section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\"> What is the prediction for the value of Bitcoin? <\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\"> Analysts predict that Bitcoin could surpass its previous all-time high of $71,000, potentially reaching over $150,000 by the end of 2025. Factors supporting this outlook include expected U.S. interest rate cuts, regulatory improvements, and increased institutional investment despite ongoing geopolitical tensions and market volatility. <\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\"> How much lower can Bitcoin go? <\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\"> While Bitcoin&#8217;s price could theoretically drop significantly due to ongoing geopolitical tensions, regulatory uncertainty, or market sentiment shifts, experts suggest it may find support around key levels. However, any substantial decline would depend on broader economic conditions and investor behavior, making precise predictions challenging. <\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\"> Will Bitcoin rise again in 2024? <\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\"> Many analysts believe Bitcoin has the potential to rise again in 2024, especially with favorable conditions such as anticipated U.S. interest rate cuts and increased institutional investment. The outcome of the upcoming U.S. elections could also significantly influence market sentiment and regulatory direction. <\/p>\r\n                <\/div><\/div><\/section>\n<div class=\"reference-content\">\n<div class=\"reference-heading reference-content-collapsible-heading\">\n<h2><span id=\"references\">References<\/span><\/h2>\n<\/div>\n<div class=\"reference-content-body\">\n<ol>\n<li><a href=\"https:\/\/www.coinbase.com\/en-gb\/institutional\/research-insights\/research\/weekly-market-commentary\/weekly-2024-09-27#:~:text=Coinbase%20Exchange%20%26%20CES%20Insights&amp;text=Gaming%2C%20Scaling%20Solutions%2C%20and%20Layer,near%20average%20six%20month%20levels.\" target=\"_blank\">Takeaways from Token2049 &#8211; Coinbase Institutional Weekly Market Commentary<\/a> (Coinbase)<\/li>\n<li><a href=\"https:\/\/www.sec.gov\/files\/rules\/sro\/ise\/2024\/34-101128.pdf\" target=\"_blank\">Notice of Filing of Amendment Nos. 4 and 5 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment Nos. 1, 4, and 5, to Permit the Listing and Trading of Options on the iShares Bitcoin Trust<\/a> (Sec)<\/li>\n<li><a href=\"https:\/\/transformgroup.com\/\" target=\"_blank\">Transform Group | Leader in blockchain public relations, advisory, events<\/a> (Transform Group)<\/li>\n<li><a href=\"https:\/\/deusx.capital\/\" target=\"_blank\">Deus X Capital<\/a> (Deusx)<\/li>\n<li><a href=\"https:\/\/digitalmoneydemystified.com\/\" target=\"_blank\">Digital Money Demystified \u2013 Your First Mover Advantage in the Web3 Economy<\/a> (Digital Money Demystified)<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Bitcoin (BTC) price can never catch a break. It&#8217;s always on the move, reacting to any market news either positively or negatively. It briefly surged over $70,000 in March and even reached an all-time high of $71,000, but it has been unable to beat past records ever since. The BTC price dropped to $53,000 [&hellip;]<\/p>\n","protected":false},"author":286591,"featured_media":326545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[601],"tags":[],"category_partsoff":[],"class_list":["post-302226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Autumn: Will Bitcoin Surpass 70K Again in 2025? - Techopedia<\/title>\n<meta name=\"description\" content=\"The Bitcoin price chart has seen significant volatility lately driven by macroeconomic factors. Can the BTC price surpass $70K by the end of ?\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Autumn: Will Bitcoin Fail to Move Past 70K Again in 2025?\" \/>\n<meta property=\"og:description\" content=\"The Bitcoin price chart has seen significant volatility lately driven by macroeconomic factors. Can the BTC price surpass $70K by the end of ?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techopedia.com\/bitcoin-price-analysis\" \/>\n<meta property=\"og:site_name\" content=\"Techopedia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/techopedia\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-26T11:54:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-04T11:10:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"686\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Iliana Mavrou\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/IlianaMavrou\" \/>\n<meta name=\"twitter:site\" content=\"@techopedia\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Iliana Mavrou\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis\"},\"author\":{\"name\":\"Iliana Mavrou\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/f65c862209ebdb8e753153efdc0a7df3\"},\"headline\":\"Crypto Autumn: Will Bitcoin Fail to Move Past 70K Again in 2025?\",\"datePublished\":\"2024-08-26T11:54:01+00:00\",\"dateModified\":\"2024-10-04T11:10:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis\"},\"wordCount\":1746,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg\",\"articleSection\":\"\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.techopedia.com\/bitcoin-price-analysis#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis\",\"url\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis\",\"name\":\"Crypto Autumn: Will Bitcoin Surpass 70K Again in 2025? - Techopedia\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg\",\"datePublished\":\"2024-08-26T11:54:01+00:00\",\"dateModified\":\"2024-10-04T11:10:13+00:00\",\"description\":\"The Bitcoin price chart has seen significant volatility lately driven by macroeconomic factors. Can the BTC price surpass $70K by the end of <div class=\\\"su-note\\\"  style=\\\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\\\"><div class=\\\"su-note-inner su-u-clearfix su-u-trim\\\" style=\\\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\\\"><\/div><\/div>?\",\"breadcrumb\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.techopedia.com\/bitcoin-price-analysis\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis#primaryimage\",\"url\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg\",\"contentUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg\",\"width\":1200,\"height\":686},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-price-analysis#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.techopedia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cryptocurrency\",\"item\":\"https:\/\/www.techopedia.com\/cryptocurrency\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Blockchain\",\"item\":\"https:\/\/www.techopedia.com\/topic\/321\/blockchain\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Crypto Autumn: Will Bitcoin Fail to Move Past 70K Again in 2024?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.techopedia.com\/#website\",\"url\":\"https:\/\/www.techopedia.com\/\",\"name\":\"Techopedia\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.techopedia.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.techopedia.com\/#organization\",\"name\":\"Techopedia\",\"url\":\"https:\/\/www.techopedia.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2025\/02\/techopedia-light-logo.svg\",\"contentUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2025\/02\/techopedia-light-logo.svg\",\"caption\":\"Techopedia\"},\"image\":{\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/techopedia\/\",\"https:\/\/x.com\/techopedia\",\"https:\/\/www.linkedin.com\/company\/techopedia\/\",\"https:\/\/www.youtube.com\/c\/Techopedia\"],\"publishingPrinciples\":\"https:\/\/www.techopedia.com\/about\/editorial-policy\",\"ownershipFundingInfo\":\"https:\/\/www.techopedia.com\/about\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/f65c862209ebdb8e753153efdc0a7df3\",\"name\":\"Iliana Mavrou\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/avatar_user_286591_1689235200-300x300.jpeg\",\"contentUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/avatar_user_286591_1689235200-300x300.jpeg\",\"caption\":\"Iliana Mavrou\"},\"description\":\"Iliana is an experienced crypto\/technology journalist covering the blockchain, regulatory, DeFi, and Web3 sectors. Prior to joining Techopedia, she contributed to several online publications including Capital.com, Cryptonews, and Business2Community, among others. In addition to her journalism work, she also has experience in technology and crypto PR. Iliana graduated with a BA in Journalism from City University of London in 2021. She is currently pursuing a Masters in Communications.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/iliana-mavrou-bb474917a\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/IlianaMavrou\"],\"knowsAbout\":[\"Crypto Journalist\"],\"url\":\"https:\/\/www.techopedia.com\/contributors\/ilianamavrou\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Crypto Autumn: Will Bitcoin Surpass 70K Again in 2025? - Techopedia","description":"The Bitcoin price chart has seen significant volatility lately driven by macroeconomic factors. Can the BTC price surpass $70K by the end of ?","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Crypto Autumn: Will Bitcoin Fail to Move Past 70K Again in 2025?","og_description":"The Bitcoin price chart has seen significant volatility lately driven by macroeconomic factors. Can the BTC price surpass $70K by the end of ?","og_url":"https:\/\/www.techopedia.com\/bitcoin-price-analysis","og_site_name":"Techopedia","article_publisher":"https:\/\/www.facebook.com\/techopedia\/","article_published_time":"2024-08-26T11:54:01+00:00","article_modified_time":"2024-10-04T11:10:13+00:00","og_image":[{"width":1200,"height":686,"url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg","type":"image\/jpeg"}],"author":"Iliana Mavrou","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/IlianaMavrou","twitter_site":"@techopedia","twitter_misc":{"Written by":"Iliana Mavrou","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis#article","isPartOf":{"@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis"},"author":{"name":"Iliana Mavrou","@id":"https:\/\/www.techopedia.com\/#\/schema\/person\/f65c862209ebdb8e753153efdc0a7df3"},"headline":"Crypto Autumn: Will Bitcoin Fail to Move Past 70K Again in 2025?","datePublished":"2024-08-26T11:54:01+00:00","dateModified":"2024-10-04T11:10:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis"},"wordCount":1746,"commentCount":0,"publisher":{"@id":"https:\/\/www.techopedia.com\/#organization"},"image":{"@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis#primaryimage"},"thumbnailUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg","articleSection":"","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.techopedia.com\/bitcoin-price-analysis#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.techopedia.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis","url":"https:\/\/www.techopedia.com\/bitcoin-price-analysis","name":"Crypto Autumn: Will Bitcoin Surpass 70K Again in 2025? - Techopedia","isPartOf":{"@id":"https:\/\/www.techopedia.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis#primaryimage"},"image":{"@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis#primaryimage"},"thumbnailUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg","datePublished":"2024-08-26T11:54:01+00:00","dateModified":"2024-10-04T11:10:13+00:00","description":"The Bitcoin price chart has seen significant volatility lately driven by macroeconomic factors. Can the BTC price surpass $70K by the end of <div class=\"su-note\"  style=\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><\/div><\/div>?","breadcrumb":{"@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.techopedia.com\/bitcoin-price-analysis"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis#primaryimage","url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg","contentUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/08\/Crypto-Autumn-Will-Bitcoin-Fail-to-Move-Past-70K-Again.jpg","width":1200,"height":686},{"@type":"BreadcrumbList","@id":"https:\/\/www.techopedia.com\/bitcoin-price-analysis#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.techopedia.com\/"},{"@type":"ListItem","position":2,"name":"Cryptocurrency","item":"https:\/\/www.techopedia.com\/cryptocurrency"},{"@type":"ListItem","position":3,"name":"Blockchain","item":"https:\/\/www.techopedia.com\/topic\/321\/blockchain"},{"@type":"ListItem","position":4,"name":"Crypto Autumn: Will Bitcoin Fail to Move Past 70K Again in 2024?"}]},{"@type":"WebSite","@id":"https:\/\/www.techopedia.com\/#website","url":"https:\/\/www.techopedia.com\/","name":"Techopedia","description":"","publisher":{"@id":"https:\/\/www.techopedia.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.techopedia.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.techopedia.com\/#organization","name":"Techopedia","url":"https:\/\/www.techopedia.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2025\/02\/techopedia-light-logo.svg","contentUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2025\/02\/techopedia-light-logo.svg","caption":"Techopedia"},"image":{"@id":"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/techopedia\/","https:\/\/x.com\/techopedia","https:\/\/www.linkedin.com\/company\/techopedia\/","https:\/\/www.youtube.com\/c\/Techopedia"],"publishingPrinciples":"https:\/\/www.techopedia.com\/about\/editorial-policy","ownershipFundingInfo":"https:\/\/www.techopedia.com\/about"},{"@type":"Person","@id":"https:\/\/www.techopedia.com\/#\/schema\/person\/f65c862209ebdb8e753153efdc0a7df3","name":"Iliana Mavrou","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.techopedia.com\/#\/schema\/person\/image\/","url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/avatar_user_286591_1689235200-300x300.jpeg","contentUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/avatar_user_286591_1689235200-300x300.jpeg","caption":"Iliana Mavrou"},"description":"Iliana is an experienced crypto\/technology journalist covering the blockchain, regulatory, DeFi, and Web3 sectors. Prior to joining Techopedia, she contributed to several online publications including Capital.com, Cryptonews, and Business2Community, among others. In addition to her journalism work, she also has experience in technology and crypto PR. Iliana graduated with a BA in Journalism from City University of London in 2021. She is currently pursuing a Masters in Communications.","sameAs":["https:\/\/www.linkedin.com\/in\/iliana-mavrou-bb474917a\/","https:\/\/x.com\/https:\/\/twitter.com\/IlianaMavrou"],"knowsAbout":["Crypto Journalist"],"url":"https:\/\/www.techopedia.com\/contributors\/ilianamavrou"}]}},"modified_by":"Alexandra Pankratyeva","_links":{"self":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts\/302226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/users\/286591"}],"replies":[{"embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/comments?post=302226"}],"version-history":[{"count":9,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts\/302226\/revisions"}],"predecessor-version":[{"id":326939,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts\/302226\/revisions\/326939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/media\/326545"}],"wp:attachment":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/media?parent=302226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/categories?post=302226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/tags?post=302226"},{"taxonomy":"category_partsoff","embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/category_partsoff?post=302226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}