Bitcoin Price Prediction: Is BTC on the Verge of Collapse?

Bitcoin Price Prediction 2025 is anticipated to hit $125,000

• Bitcoin surged to an all-time high near $73,800 but faced significant selling pressure afterward.

• $BTC struggled to surpass the $69,000 resistance level. Currently, Bitcoin is moving lower with a 4.50% intraday loss.

• The price rejection has placed #Bitcoin in a precarious position known as the 'Danger Zone', coinciding with historical Pre-Halving Retraces and an impending FED rate decision.

• Despite the downturn, #Bitcoin found support within a crucial region, potentially signaling an end to the downtrend.

• Buyers are seeking support at the 38.20% Fibonacci retracement level, which serves as a potential demand zone during correction trends.

• If selling pressure persists, Bitcoin's price could drop to $63,000 or even $60,000, corresponding to the 50% and 61.80% Fibonacci levels.

• However, if Bitcoin holds the $65,000 level, a short-term recovery might occur, potentially push

• According to Coin Gabbar analysis, Bitcoin Price Prediction 2030 is anticipated to hit $250,000, while Bitcoin Price Prediction 2040 forecasts a rise to $500,000.

KEY LEVELS :

RESISTANCE LEVEL : $65,500-$67,000

SUPPORT LEVEL : $63,000-$61,500

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