Bitcoin is experiencing significant fluctuations in its value, making it a great challenge to predict its future movement. According to the latest technical analysis, the price of Bitcoin is showing new negative trades, as it tested the $95,195 level, with expectations of breaking this level to confirm the extension of the downward wave towards $90,000.
On the other hand, reports indicated a 68% probability of Bitcoin falling by 16% to $81,500, and a 20% probability of it rising to $115,000.
In the long term, expectations vary; some sources indicate that Bitcoin may reach $100,000 by 2025, while others expect it to exceed this level before the end of 2024, provided that supporting factors such as market makers’ algorithms are available.
However, it should be noted that the cryptocurrency market is highly volatile, and predictions are not certain. Therefore, it is always advisable to conduct careful research and consult financial experts before making any investment decisions. #BTCNextMove
