Bitcoin Price Prediction: Break New ATH or Face Correction
Bitcoin Price Prediction 2025 around $1,00,000
The crypto market is currently exhibiting a strong bullish sentiment, as indicated by Bitcoin's remarkable upward trend, approaching its historical peak of $69,000.
Bitcoin's price demonstrated strong support above the $65,000 level.
A new support base emerged, prompting another rally above $66,000, with a gradual ascent towards $68,500.
On the 4-hour chart, $BTC formed a Doji candle at the peak.
Despite initial attempts, #Bitcoin failed to breach its all-time high, experiencing a rapid decline to near $64,000 within minutes.
Subsequently, the price found support near $64,000 levels and rebounded above $67,000.
The main question remains: Will #Bitcoin establish a new all-time high or face a retreat?
According to Coin Gabbar analysis, #Bitcoin Price Prediction 2030 expected to be $200,000, with Bitcoin Price Prediction 2040 approaching $500,000.
KEY LEVELS :
RESISTANCE LEVEL : $69,000-$70,500
SUPPORT LEVEL : $66,000-$64,000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
