30s Summary

Executives are selling company stocks at record levels as Bitcoin holds steady above $100,000. The ratio of stock sellers to buyers is at an all-time high of six to one. Bitcoin’s return rate is still robust, at 127% for the year amid a 13% risk. Meanwhile, Bitcoin’s surge has dwarfed the performance of oil, gold, and stock market indices. Experts forecast that Bitcoin could reach $160,000 by 2025, a 60% increase from its current rate. Predictions suggest Bitcoin could peak at $110,000 in January, followed by a decrease to $70,000 by February 2025.

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High-level executives are cashing in their company stocks like crazy, as Bitcoin manages to stay above a cool $100,000.

In fact, we’re seeing a new high score in the ratio of sellers to buyers – for every buyer, almost six people are selling. This fact comes to us courtesy of the Financial Times data, which was featured in a post by The Kobeissi Letter on Dec. 12: “Executives are now selling their stocks at record levels. The ratio of sellers to buyers has hit a painful 6x high.”

This comes after Bitcoin smashed through the $100,000 ceiling on Dec. 6, marking a huge moment for the crypto world.

And while big company stocks are busy being sold off, Bitcoin’s returns for the year are still looking healthy. They’ve shot up 127%, despite a 13% risk over the past month.

Bitcoin’s stratospheric rise to $100,000 saw it outperform a bunch of global assets. You’d think the big guns like oil, gold, and the top stock market indices would do well. But on Dec. 13, Bitcoin’s price surged by a massive 137% for the year. Meanwhile, oil fell down a stick 0.09%, the S&P 500 rose 28%, and gold increased by 29%.

With improvements in the global economy and interest rate cuts happening in Europe and China, experts predict Bitcoin could shoot up to $160,000 in 2025. That would be over 60% higher than its current price, according to the fancy folks at Matrixport.

For us regular folks, it’s important to keep in mind that the United States Federal Reserve is going to have a big say in how Bitcoin does for the rest of this year. With possible benefits like rate cuts and more businesses getting involved, Bitcoin could finish this year at a new record level. But let’s not get too carried away; a correction to around $70,000 could still come our way anytime before 2025.

According to some Bitcoin boffins, the price could hit a “local top” of $110,000 in January. Then, we could see a short-term drop to $70,000 by February 2025 ahead of the final bull chase.

Bitcoin’s momentum could also get a boost from more investors putting their money into Bitcoin exchange-traded funds (ETFs). In fact, over $4.8 billion has flooded into the US Bitcoin ETF market over the last 11 days leading up to Dec. 12.

All in all, it’s safe to say that Bitcoin’s on a wild ride, and it doesn’t look like it’s slowing down anytime soon.