The ETF buzz made the price of Bitcoin get to an all-time high this year. Consequently, there were speculations that the price would keep going high as these investors accumulated more Bitcoin. But we saw the market going into several corrections and there have been outflows from these ETFs. I am no more optimistic that the ETF will largely contribute to the increase in the price of Bitcoin.

For now, the focus of some investors is the Federal Reserve interest rate policy. It is expected that interest rates in the US will be reduced by next month, and this might lead to an increase in the price of Bitcoin this year. A pro-crypto regulatory policies like allowing banks to keep Bitcoin might also be a good omen to the industry. My prediction is that all things being equal, Buy Bitcoin will get to $80k next year.