$BTC Current Price: $117,545
Highest Price Today: $118,171
Lowest Price Today: $117,041
Change: -$393 (slight decrease of -0.00333%)
🔍 Key Technical and Market Points:
1. Historical Breakout: Bitcoin recently broke its all-time highs, recording a strong upward wave supported by increasing buying momentum.
2. Growth Forecast: The Power Law model indicates the possibility of the price rising towards $200,000 – $300,000 by the end of 2025.
3. Technical Analysis: The "cup and handle" pattern supports the continuation of the upward trend towards $134,500 as a medium-term target.
🎯 Recommendations:
General Trend: Strongly bullish.
Potential Entry Areas: Above $117,500.
Upward Targets: $120,000 then $134,500.
Tight Stop Loss: Below $116,000.
📈 Don’t miss the current upward wave, and stay informed to make informed trading decisions!
