Bitcoin is now one of the most important market leaders at the moment, with its price that strives for new prize goals. Bitcoin Price currently sits at $ 124K at press time, with the US government suspension that drives the development further. However, one of the most interesting things that happens to Bitcoin at the moment is its attempt to break past a decade-long barrier, post that it can significantly strengthen, compete against time to get large price spots. What is this development about? Let’s find out.
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Bitcoin’s 8-year-old long barrier and results if soon broken
His latest point points to the current Bitcoin price position and adds how this is Bitcoin’s third attempt to break past this barrier line. If it is broken, BTC can soon explore price heights in addition to the $ 126K mark.
“I usually do not publish about Bitcoin, but it currently deals with 8-year resistance. Today it has made a third attempt in the last three months to break the upper band in the rising broader wedge formation but failed. Given that the number of attempts recently becomes overloaded, there is a higher probability that Bitcoin overcomes 8-year resistance at any time …”
At the same time, Bitcoin accumulation is growing at a rapid pace with whales and investors, everyone wants a piece of access stored in their wallets. Per Ali Martinez sits bitcoin accumulation trend of 0.74, which indicates that larger units, those that are a large part of the network, currently accumulate bitcoin at a rapid pace.
Technical Analysis: The True Travel of the Token
According to CoinCox BTC dataThe Bitcoin price can jump to sit at $ 138,000 at the end of December 2025. This prediction reflects the fast nail predicted by experts above. But if the marketing moment continues to support, We can witness BTC exploring $ 130K above at the end of 2025.
“According to our current Bitcoin prize preparation, the price of bitcoin is predicted to rise by 11.67% and reaches $ 138,684 by January 4, 2026. According to our technical indicators, the current feeling is Hausse, while fear and greed index is 70 (greed). A good time to buy bitcoin.”
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