What's #bitcoin next move? 😳
Earlier this month, $BTC hit an #ATH of
$123,000. However, it remains range-bound
around $118.6k at the moment. What to expect in
the future?
✅ Short-term:
Some forecasts suggest a slight movement
toward $119k, possibly even to $123k in a bullish
extension. On the other hand, if there's a break of
$116k, pullbacks to $110.5k or even less are
possible.
✅ Long-term:
According to analysts from Citigroup, Bitcoin
could reach $135-199k by the end of the year
(depending on macroeconomic factors and
regulatory headwinds). Meanwhile, an expert
from Fundstrat predicts a $250K ATH in 2025
thanks to institutional interest and #etf
momentum.
Keep an eye out for: potential corrections!
Analysts acknowledge possible pullbacks to
$111-115k before further gains.
