Will Bitcoin return to test the $70,000 level before the end of 2025??
As the market goes through a period of anticipation, all eyes are on the king of cryptocurrencies, Bitcoin (BTC). After witnessing harsh corrections, has the decline ended and is it time to return to the main resistance levels?
📈 3 factors supporting Bitcoin's rise in the coming period
The decline in selling flows from miners: Recent data indicates that selling pressure from miners has started to noticeably decrease, reducing the available supply in the market. This often precedes periods of stabilization and upward movement.
ETF funds preparing for a new push: After a relative calm, reports indicate that Bitcoin exchange-traded funds (Spot BTC ETFs) are preparing for significant new buying flows from major financial institutions.
Whales' control of the supply: Whales have taken advantage of the price drop to accumulate massive amounts of Bitcoin. This accumulation reduces the available supply for trading, raising the price during any strong demand.
⚠️ Important points to watch out for!
Critical resistance level: Bitcoin must close a daily candle above $65,000 to confirm the bullish trend towards testing $70,000.
Altcoins: The continued liquidity of Bitcoin may give some popular altcoins (like ETH and SOL) a strong boost for recovery.
Remember: trading involves risks. This is not investment advice, but market analysis. Do your own research (DYOR) before any decision.
📣 Share your opinion in the comments!
Do you think that $70,000 will be the next stop for Bitcoin, or do you expect more volatility? 👇
#Bitcoin #BTC #Crypto #BinanceSquare #Currency_Analysis #ETH #Trading
