Chart with the most important support and resistance for #BTC on the daily chart.

The long-term trend for Bitcoin remains intact, and is bullish by the book.

Possibly favorable regulations for cryptocurrencies, as well as adoption by governments, will sustain this trend in the future.

Despite this, and more worrying especially for short-term investors, is that optimism continues to grow about how good 2025 can be for the crypto market.

Therefore, pay attention to news about regulations and various adoptions, in case expectations are not met.

MicroStrategy is also a bit scary with its risky bet on Bitcoin. It is not the first time that these bets have gone wrong and they are usually an indicator of market correction.

Also keep an eye on the stock market, since it is quite overbought, and its positive correlation with cryptocurrencies could drag them down.