Bitcoin’s resistance at $106.5K could trigger a bullish shift if broken.
A failure to hold support near $101K could lead to a drop below $100K.
Analysts predict Bitcoin’s 2025 average price could reach $119,218, signaling growth.
Bitcoin’s price trends have long intrigued investors and analysts. With 2025 on the horizon, speculation is growing about the digital currency’s potential to reach $350,000.
This bold forecast from Robert Kiyosaki, the author of Rich Dad Poor Dad, has sparked interest, especially in light of former President Donald Trump’s endorsement of Bitcoin. However, the outlook depends on key factors, including support and resistance levels and trading volume trends.
TRUMP 1st BITCOIN PRESIDENT
BITCOIN to $350k in 2025
OWN more BITCOIN in 2025
— Robert Kiyosaki (@theRealKiyosaki) December 18, 2024
Price Trends and Key Levels
Bitcoin is currently priced at $100,750, reflecting a 4% daily decline. Despite this drop, the broader trend hints at a potential recovery. The recent resistance at $106.5K marks a critical level to watch. Breaking above this could signal a bullish reversal, driving prices higher.
Read also: Bitcoin Bull R…
The post Bitcoin to $350K in 2025? Trump’s Backing and Market Trends Point to a Surge appeared first on Coin Edition.
