Can Bitcoin Hit $110K in 2025? Let’s Break It Down!
Bitcoin is testing key resistance at $98K, with whale activity spiking on-chain! Here’s a quick analysis:
Technical Outlook:
Support: $92K (50-day MA)
Resistance: $100K (psychological barrier)
RSI: 68 (bullish, but nearing overbought)
Why It Matters: Institutional buying (e.g., MicroStrategy’s $2B BTC purchase) and ETF inflows signal strong momentum. But, a pullback to $90K is possible if volume fades.
Trading Tip: Set buy orders at $92K–$94K for a dip, or wait for a breakout above $100K for confirmation. Always manage risk!
What’s Your Take? Will BTC smash $110K or retrace first? Comment below!
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