Bitcoin Holds Key Support Amid Geopolitical Shifts Bitcoin's price stabilized at $87,000 after a sharp correction from its December 2024 peak of $108,000. Analysts highlight $77,000 as a critical support level, with potential to rally toward $94,000 if held. Favorable geopolitical conditions, including U.S. pro-crypto policies, could push Bitcoin to $120,000 by year-end.1