$BTC CONTINUES TO DOMINATE! ๐ช
#BitcoinPrediction ๐๐๐๐งจ
ANALYSTS PREDICT BTC COULD SURGE PAST $105K IF MOMENTUM HOLDS STRONG
Chartist CryptoInsightUK believes Bitcoin (BTC) could continue its upward trajectory, potentially breaching $105,000 in the coming weeks if the current bullish sentiment persists. BTC has already gained 4.14% in the last 24 hours, trading at $98,324.99, just shy of its crucial psychological resistance at $100,000.
BTCโs Road to $105K
After reclaiming the $95,000 support level, BTC broke out above $97,000, marking a significant move fueled by institutional demand and increasing market confidence. Analysts predict a test of $100,000 in the near term, with the possibility of hitting $105,000 by Q1 2025 if momentum continues.
BTCโs Performance Outlook
Q1 2025 Target: $105,000
Q4 2025 Ambition: $120,000 (with sustained bullish pressure)
Market Warning from Dom
Dom warns that if BTC fails to hold above $95,000, a retracement to $92,000 is likely, posing risks for altcoins. However, reclaiming $100,000 will solidify Bitcoinโs dominance, opening the door for all-time highs.
Current BTC Price: $98,324.99 (+4.14% in the past 24 hours)
Traders are advised to watch $100K closely as it could determine Bitcoinโs trajectory toward $105,000 and beyond!