Bitcoin (BTC) market prices increased by up to USD 96,000 to mark the stubborn end until April and the potential start to augment prices. However, despite breaking the key resistance, BTC will not return to the current peak price, which will ultimately confirm the resumption of the bull market. Interestingly, Crypto Analyst Rekt Capital shared the potential price trajectory, with which Bitcoin can realize its stubborn potential, which leads to a recent discovery of prices.
From USD 93,500 to USD 104,500 – critical levels to view in 2025.
IN The latest post WX, Rekt Capital shares the intriguing price forecasts on the BTC market after recent price profits. The market expert explains that the Bitcoin price rally at the end of April allowed the activity to recover the deviation after deviation and return to the stubborn commercial range.
After this development, the most crucial cryptocurrency is currently in the face of a black lower resistance in the region prices of USD 99,000. Interestingly, BTC experienced a similar situation in mid -October 2024, which caused an 80% rally.
Since historical data are sturdy price forecasting factors, Rekt Capital states that in order for Bitcoin to repeat the augment in prices evident in the fourth quarter of 2024. From this similar item, the asset will experience the rejection of prices at the level of USD 99,000, which is to force the prices of only USD 93,500. The analyst explains that Bitcoin Bulls must maintain the price movement at this level of support before he launched the next price to break the region 97,000 – 99,000 USD.
Then BTC may most likely meet with another rejection of USD 104,500 and return to find support about 97,000 – 99,000 USD. After creating the price channel, Rekt Capital then provides that Bitcoin will start the augment in prices from this level of support, exceeding USD 109,000 in order to set a recent highest level of all time.
BTC price review
At the time of writing, bitcoins trade at USD 96,500 after losing a price of 0.25% in the last 24 hours. However, Bitcoin has now entered a comfortable stubborn territory with profits of 1.84% and 15.55% respectively in the last seven and thirty days.
This development confirms other factors, including Bitcoin Bull Indexwho is now at the age of 80 – the highest, which has ever been since January 30. According to Rekt Capital analysis, the direct resistance to prices for cryptocurrency prime minister is USD 99,000 and USD 104,500, with the most critical support set at USD 93,500.
However, with the exception of all negative macroeconomic events, Bitcoin looks like completing prices for prices and launching to a recent price territory.
A distinguished picture from Pexels, chart from TradingView
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