The cryptocurrency market has experienced a state of volatility in recent months, but Bitcoin continues to hold its appeal as a strong digital asset. As we approach the second half of 2025, several factors enhance the positive outlook for Bitcoin's price:
1. Decline in U.S. interest rates: Market forecasts indicate the possibility of a rate cut by the U.S. Federal Reserve in late 2025, which could drive investors towards alternative assets like Bitcoin.
2. Institutional interest: There is a clear increase in major financial institutions' interest in investing in Bitcoin through ETFs and futures contracts.
3. Technical analysis: The Cup & Handle pattern on the weekly timeframe reveals a strong probability of a bullish breakout towards levels of $80,000 – $100,000, provided it holds above the critical support level at $60,000.
4. Digital scarcity: The recent halving event has already begun to reduce the supply, pushing the price upwards as demand increases.
Conclusion:
Despite potential fluctuations, the future prospects for Bitcoin appear promising, and we may be on the brink of a new upward wave. It is advisable to closely monitor technical indicators and economic news to ensure well-informed investment decisions.