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Analyst: 31% CAGR Could Push Bitcoin to $168K by Fall 2025
- Analyst Axel Adler Jr. predicts Bitcoin could reach $168,000 by October 2025 with a 31% CAGR.
- The bullish projection relies on a strong uptrend zone despite facing resistance at $110,000.
- Adler noted a soft reversal point due to decreasing open interest and positive funding rates.
- Fellow analyst Michaël van de Poppe suggested a correction due to BTC's failure to break past $110,000.
- BTC's rejection near its May 22 all-time high led to a $3,000 drop, trading around $107,000.
- Bitwise CEO Hunter Horsley expects a shift in holder behavior once BTC surpasses $130,000.
- Retail sentiment is growing, with positive social media posts reaching a high, yet the Fear and Greed Index signals 'greed.'
- Both long-term holders and institutions are showing strong conviction, with daily profits and net positions on the rise.
- Bitcoin is currently trading at $107,000, with a 2% 24-hour dip, but showing resilience over the week.
- Positive market dynamics like U.S.-China trade progress and retail resurgence are shaping BTC's performance.
- Analysts caution of a short-term correction or consolidation if BTC stays below $108,000.
- Institutional conviction remains robust despite market uncertainties.
- Bitcoin's underperformance compared to the broader digital asset market is noted.
- Holder dynamics and retail sentiment are key factors influencing Bitcoin's market direction.
- The article was originally published on CryptoPotato.
- Analyst Adler's forecast and market analysis provide insights into potential BTC price movement over coming years.
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