Bitcoin fractals suggest a short-term rebound, but a continued decline is expected over the next week, with a potential breakthrough of $160,000 in 2025.

Brothers, 1000 (1 thousand) followers broadcasting live, analyzing market dynamics.

Bitcoin fractals indicate an upward trend, but BTC is expected to face another week of decline. Key support and resistance levels analyzed using price fractal patterns in cryptocurrency trading, along with potential trend reversals revealed by historical data, suggest that Bitcoin may recover before the end of 2024.

Famous analyst Elja Boom mentioned in a post on X on December 20 that fractals on the daily chart imply that Bitcoin could rebound above $100,000 in the short term. However, crypto analyst Rekt Capital pointed out in a post on X on December 21 that although the pullback will continue for another week, Bitcoin's long-term outlook remains optimistic. According to analysis from crypto service provider Matrixport, improving macroeconomic conditions and a loosening of global monetary policy could drive Bitcoin's price to surpass $160,000 before the end of 2025.