menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Bitcoin’s ...
source image

TronWeekly

16h

read

164

img
dot

Image Credit: TronWeekly

Bitcoin’s Steady Surge Signals Potential to Reach $134,000 by 2025

  • Bitcoin has shown a steady increase from $74,000 to nearly $105,000 since April, following an ascending channel pattern indicating a bullish trend.
  • Key resistance levels projected at $114,000, $124,000, and potentially $134,000 by mid-2025 if the channel holds.
  • Technical indicators like Cumulative Value Days Destroyed (CVDD) imply Bitcoin is in an accumulation phase, with essential support at $90,000 maintaining positive momentum.
  • Analysts anticipate Bitcoin's potential climb to $120,000 with strong support, backed by factors like increasing ETF inflows and a consolidation phase suggesting a bullish continuation.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app