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- Analysts estimate a probability of 70% for Bitcoin reaching new holidays, supported by strong institutional demand and technical signals.
- Key resistance levels are identified approximately $ 117,000 to $ 118,000, with technical indicators suggesting possible outbreaks.
Analysts predict a probability of 70% for Bitcoin to reach new holidays, driven by long -term institutional demand and technical indicators suggesting potential outbreaks from current consolidation levels.
The world’s largest Cryptocurrency has shown consistent consolidation patterns followed by significant price movements, with the latest technical analysis that points to important resistance levels between $ 117,000 to $ 118,000.
Bitcoin often experiences volatility around large levels of resistance, with oversold indicators such as RSI that signals potential reversions. Weekly purchases of large units have contributed to continued rapid speed.
In previous market cycles, Bitcoin usually reached top prices during the fourth quarter after Halving events. The 2021 cycle saw prices about $ 69,000, while current predictions point to potential peaks between $ 150,000 and $ 200,000 at the end of 2025.