The world’s largest cryptocurrency, Bitcoin (BTC), has recorded impeccable growth over the years of its existence. The asset was labeled as a scam and even linked to the dark web multiple times. But BTC went through a revival throughout the past couple of years and garnered immense attention from across the globe. From governments to large institutional investors, everyone wanted to take the orange pill. As the market is currently volatile, the king coin could jump back on its feet sooner than later.
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How Is The Bitcoin Market Faring Right Now?
Despite its massive uptick during the start of 2025, Bitcoin failed to carry this momentum forward. The king coin hit an all-time high of $109,114.88 on January 20, 2025. Currently, the world’s largest cryptocurrency is trading 23.41% below this peak. The asset’s rise above $100,000 was a game-changer for long-term investors. This trend did not continue as BTC slipped below $80,000, down to a low of $74,436.68.
Bitcoin was trading at $83,470.20 at the time of writing. The asset has been recording a massive downtrend of 2.39% over the past 24 hours. Just earlier today, BTC was trading at a high of $86,429.35 before sliding down to a low of $83,100.62.
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Will The King Coin Reclaim $100,000 Soon?
According to data from CoinCodex, the next couple of days are set to be extremely bullish for Bitcoin. The king coin is expected to record double-digit upticks during the days leading up to April 20. The firm revealed that BTC will trade at a high of $99,883 on Sunday. This marks a notable rise of 19.50% from its current price level. Considering its potential growth over the next few days, BTC could even reclaim $100,000 sooner rather than later. The community will have to remain patient to reap benefits.
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