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In December 2024, Bitcoin reached a new all-time high (ATH) of $108,000. However, it is important to note that the monthly close was $93,000, which does not surpass November's closing price of $96,000. Historically, the occurrence of an ATH in price often leads to subsequent ATHs, as seen in 2020, 2021, 2017, and 2013.
While this month's price did not establish a new closing ATH, there is an encouraging outlook for 2025. Given the patterns observed in previous bull markets, it is reasonable to expect several months of enduring price increases, reinvigorating hopes for the continuation of a bullish trend.