$BNB #ETH5kNext? #BNBBreaksATH
Bitcoin is nearing a potential new all-time high, steadily advancing toward the $123,000 mark. Both technical indicators and sentiment data point to continued upside potential, suggesting the rally still has momentum. Here's what's happening ¹:
- *Current Price*: Bitcoin is trading at around $117,773.70, with a recent drop of 4.11% from its open price of $122,815.39.
- *Resistance Levels*: Key resistance levels to watch are $121,313.12, $123,818.36, and $125,315.64.
- *Support Levels*: Support levels are at $117,310.6, $115,813.33, and $113,308.09.
*Market Predictions:*
- *Short-term*: Bitcoin could reach $125,000-$131,000 by late 2025, driven by institutional adoption, supply scarcity, and improving regulatory clarity.
- *Long-term*: Forecasts estimate BTC prices could hit $175,000 in 2025 and $900,000 by 2030.
*Expert Insights:*
- *Cathie Wood* from ARK Invest predicts Bitcoin could reach $1 million by 2030.
- *Michael Saylor* expects Bitcoin to soar beyond $13 million by 2045.
- *Blockware Solutions* forecasts a price target of $400,000 for BTC ².