Several key factors will influence Bitcoin price fluctuations in 2025. Institutional adoption, driven by spot ETFs and firms like BlackRock, could boost demand and stabilize prices. Regulatory shifts, especially under a potentially crypto-friendly Trump administration, may spur growth, though delays or restrictions could trigger corrections. The 2024 halving’s supply reduction will likely heighten scarcity, pushing prices up if demand holds. Macroeconomic conditions, such as U.S. interest rate cuts or inflation, might increase liquidity, favoring Bitcoin as a hedge. However, geopolitical tensions or economic downturns could shift investors to safer assets, causing volatility. Market sentiment, fueled by news or speculation, will amplify swings. Finally, technological advancements, like scalability improvements, could enhance utility and value. Bitcoin’s price may range widely, reflecting these dynamic forces.