Bitcoin's price remains strong following the last options expiry of 2024, despite fears of a significant drop below $85,000. On December 27, over $14.2 billion in Bitcoin options expired, with a 'max pain' point at $85,000. The market also witnessed a total expiry of $18 billion in Bitcoin and Ether options. Despite this, Bitcoin peaked at over $97,330 shortly after the expiry. Analysts suggest that Bitcoin could see a surge in January, potentially reaching a new high, influenced by correlations with global liquidity. December 26, saw Bitcoin ETFs experiencing significant inflows of $475 million, further supporting Bitcoin's price. However, Bitcoin faces resistance around $98,000, where a breakout could liquidate $885 million in leveraged short positions. Experts predict that post-Christmas activity may boost Bitcoin back above $105,000, driven by institutional investments, potentially enhancing Bitcoin's performance into 2025.

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