$BTC
Bitcoin is trading above $105,000, even with the looming threat of war in the Middle East. HYPE, BCH, AAVE, and OKB could also see bids if BTC maintains its current range.
BTC is forming a Doji candlestick pattern on the weekly chart, indicating indecision between buyers and sellers. Despite short-term uncertainty, analysts remain optimistic about Bitcoin's prospects in 2025 and expect a rally to $140,000 to $270,000.
Another positive sign is that the geopolitical turmoil caused by the conflict between Israel and Iran has not generated panic among investors. According to data from Farside Investors, U.S.-based spot Bitcoin exchange-traded funds recorded inflows of $86.3 million on Thursday and $301.7 million on Friday, bringing the total weekly inflows to $1.37 billion.
In a post on X, popular trader Cas Abbe stated that models project a target of between $135,000 and $230,000 for Bitcoin in this cycle.