Forecasts: According to GMT technical analysis, it would need a catalyst event (technological update or significant adoption) to break the resistance at $0.20 before the end of the year.
Chances of rise
High volatility, but limited: There is a moderate chance of a modest increase, but it is unlikely to exceed $0.20 in the short term without significant fundamental changes.
Downside risk: A slight correction is also possible if the overall market experiences downward pressure.
What #BTC🔥🔥🔥🔥 has shown in recent days is something that was anticipated, a rise in anticipation of 100k, but what can we expect for the end of the year? Under "normal" conditions (although everything is unpredictable in the crypto world) for miners to obtain the same previous rewards in relation to MINING/CURRENCY PRICE, it should rise approximately 15% more. That is, the price should be around 115k to start the year. During the first weeks of 2025, some investment funds have already closed their balance sheets and annual planning begins based on current fundamentals, wars, gold or oil stocks. Without a doubt, the ALTSEASON'S moment will come sooner rather than later. Strong hands and greater institutional adoption generate very solid resistance cushions, which in turn help new investors not to start on the wrong foot, CAUTION.
WTF!!!! And now? 79k and more.. After this bullish raid... are we heading to 100k by the end of the year??? WHAT IS EXPECTED OF THE ALTCOINS$$$$ Weekend of explosions, stay alert. Also tell me which coin has all the potential to grow. #BTC🔥🔥🔥🔥🔥 #ADABullish #GMT
As we all know, the crypto community grows day by day, because we understand that decentralizing is the future, especially if we talk about our holdings.
That is why the halving comes directly to the discussion table of whether this time #Bitcoin will allow itself to be influenced in its dynamics, by the whales that want the price to drop in relation to the fact that it has already reached its historical maximum and that it should perform more in its short speculative movements.
If there is more and more interest, more institutionality, more approvals...why do you think it should stop uploading then?
The 🐳 this time are settled between their survival or a notable reduction in capital if they go to the "Short". By the way, some of us heard that during these weeks there were also whales that lost everything (Maybe it was short... and the exponential growth of BTC took it over).
There are hours left until #halvingbitcoin and this asset is ready to reach new challenges as far as "price" is concerned. 90k to 125K is what is unfailingly close.