Bitcoin's price movement is notoriously unpredictable, but I'll provide some insights based on technical analysis and expert opinions.

Current Trend:

Bitcoin has broken through the $48000 resistance level, and the trend looks bullish.

Possible Scenarios:

1. Direct Run to $85,000:

Some experts believe Bitcoin might continue its upward momentum, potentially reaching $85,000 without a significant retest.

2. Retest Before $85,000:

Others predict a retest of the $40,000-$50,000 range before making another attempt at $85,000.

Technical Analysis:

- Support Levels: $40,000, $50,000, and $60,000

- Resistance Levels: $70,000, $75,000, and $85,000

- Indicators: RSI (70), MACD (bullish crossover), and Bollinger Bands (expansion)

Expert Opinions:

- Bloomberg Analyst: $85,000 by year-end

- Fundstrat's Tom Lee: $100,000 by 2025

- CryptoSlate's Analyst: $80,000-$90,000 range

Conclusion:

While some predict a direct run to $85,000, others anticipate a retest before reaching that level. $BTC volatility ensures that price movements are never guaranteed.

Recommendation:

Stay informed, set realistic goals, and maintain a diversified portfolio.

Sources:

- CoinMarketCap

- CryptoSlate

- Bloomberg

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