If Bitcoin produces a clear move above $72,000, its price could be in the six-figure range by 2025, the latest market analysts suggests.
Bitcoin Analysis news
Crypto traders, market analysts and several metrics suggest that an “altcoin season” is about to begin as Bitcoin price challenges new highs.
Analysts expect Bitcoin’s price consolidation to end soon, paving the way for a “huge move” upward.
Ether’s monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025.
Despite this week’s Bitcoin price drop, whales continued to add to their balance and the current v-shaped BTC recovery could be a sign that new highs are coming.
Bitcoin price is selling off after last week’s stellar move to $69,000. Charts suggest BTC price has a bit further to fall. Cointelegraph explains why.
Despite rising interest from both institutional and retail investors, the Bitcoin price has been unable to rise above the $70,000 psychological mark since July 29.
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors.
Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations.
Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear.