Bitcoin could hit $ 160k – but a painful BTC drop comes first


Bitcoin is currently facing new lows as rising geopolitical uncertainty has driven access to new depths. The current BTC coil leads to the token to explore new lowness during the process. Currently, Bitcoin sits at $ 101,000, after a short dipped to $ 99,000 last night. What is Bitcoin’s real future in the midst of brewing economic uncertainty? Let’s find out.

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Bitcoin to hit $ 160K?

Bitcoin in an apocalyptic environmentBitcoin in an apocalyptic environment
Source: Watcher.Guru

Per Gambardello’s analysis shows BTC a reverse head and shoulders on its chart. The pattern generally indicates a possible reversal from a trend before assuming a remarkable ascent. That is exactly what BTC is currently going through. Per Gambardello can sink as low as $ 95K in the worst case before it assumes it rises to the very ambitious $ 160K mark.

“Now this BTC is starting to see the head and shoulders look more structurally.

Technical analysis of token

According to CoinkodostBitcoin currently sits at $ 101,000 and can ultimately end June on a positive note. The token may note a force of $ 126,000 by June 30 2025.

BTC price statistics
Source: Coincex
BTC statistics
Source: Coincex

“According to our current Bitcoin prize pregnancy, the price of BTC is predicted to rise by 7.35% and reaches $ 108,156 by July 23, 2025. According to our technical indicators, the current feeling is neutral, while fear and GREE index show 42 (fear).

Also read: Europe’s first Bitcoin Treasury company buys 19.5 million BTC





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