đđBitcoin (BTC) could reach $285,000 in 2025!â đđ
Bitcoin managed to break the downtrend that has been going on since March 2024 by showing a strong increase of 9.84% in the short term. This rise led many analysts to make remarkable predictions. One of these predictions came from Sina, the co-founder of 21st Capital. Based on the model he developed, Sina states that Bitcoin could reach $285,000 in 2025.
Sina shared an analysis that classifies Bitcoin price possibilities, stating that each price range shows market sentiment. The âcoldâ zone (below the 33rd percentile) is between $55,000 and $85,000, which includes BTCâs current price. The analyst described this range as the worst-case scenario for BTC.
The âhotâ zone (between the 33rd and 66th percentile) covers $85,000 and $136,000, while the âextremely hotâ zone (between the 66th and 99th percentile) predicts that BTC could reach a price between $136,000 and $285,000 by the end of 2025.
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As of the time of writing, BTC is trading at $67,408. If Bitcoin makes a weekly close above $68,500, it could renew its all-time high. In this case, the $69,700-$70,000 range will be a decisive point. A volume break in this region can target $80,000. In downward movements, $67,091, $64,777, $62,500, $59,647, $56,502, $52,614 and $50,580 levels can be monitored.
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