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Bitcoin Price Prediction:Rally Show No Signs of Slowing Down

13-Feb-2024 By: Lokesh Gupta
Bitcoin Price Prediction:Rally Show No Signs of Slowing Down

Bitcoin price prediction 2025 will be approx $1,00,000

  • Breaking the $50,000 barrier for the first time in two years signifies a significant milestone for Bitcoin.

  • Bitcoin's price has surged, leading the altcoin market amidst favorable pre-halving economics.

  • $BTC extended its rally past the $48,800 resistance, with current indicators showing bullish signs.

  • The recent surge saw #Bitcoin breaking out from a cup-and-handle pattern, further reinforcing its bullish trajectory.

  • With eight consecutive green candles, Bitcoin's price has surpassed the crucial $50,000 level, indicating strong momentum.

  • If the patterns persist, Bitcoin's price could potentially target $82,000.

  • As per Coin Gabbar analysis, #Bitcoin Price Prediction 2030 is $200,000, with Bitcoin Price Prediction 2040 reaching $500,000.

KEY LEVELS :

RESISTANCE LEVEL : $51,000-$52,300

SUPPORT LEVEL : $49,300-$48,500

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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