PANews May 25 news, according to Cointelegraph, after Bitcoin broke through $110,000, the market's trend has shown signs of fatigue, with analysts predicting a possible entry into the next bear market. Technical analysis indicates that the current price fluctuations of Bitcoin are similar to previous bear market performances, with the target price for the next market downturn expected to be $69,000. Nevertheless, some market experts state that Bitcoin's long-term growth momentum remains strong, especially supported by demand in decentralized finance (DeFi) and other application areas, which may lead to a breakthrough of the current market pressure in the future.
