🔥 Bitcoin: Is it headed to $100,000?
Bitcoin has experienced a significant rebound, reaching $94,500, its highest level in two months. This momentum is attributed to the easing of trade tensions between the U.S. and China, as well as stability in the Federal Reserve, which has restored confidence in risk assets.
Since its low in April, BTC has risen approximately 25%, surpassing the 200-day moving average and breaking a four-month descending wedge formation. The key levels to watch are:
Resistance: $100,000 – if surpassed, the next target could be $107,000.
Support: $85,000 – a pullback to this level could be a buying opportunity.
🚀 Ethereum: Towards $3,000?
Ethereum also shows bullish behavior, with a 5% increase in the last 24 hours, reaching $3,200. This movement is supported by a trading volume of 22.5 million ETH and an increase in the activity of active addresses on the network.
Technical indicators, such as the RSI and MACD, suggest that ETH could continue its ascent towards $3,000 in the short term, with bullish potential towards $4,000 by the end of 2025.
🌍 Global Trends
Globally, cryptocurrency advocates are pushing for the Swiss National Bank (SNB) to diversify its reserves and include Bitcoin, arguing that it offers immunity against inflation and political manipulation.
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