Bitcoin's price dropped below $103,000 despite hopes that U.S. President Donald Trump's executive order on a national digital asset stockpile would push the market higher. The lack of focus on Bitcoin in the order and mixed results from altcoins left the community questioning its impact. Analysts suggest that Bitcoin is trying to push towards new all-time highs, with $107,000 being a key resistance level. A confirmed breakout above $107,000 would signal a bullish move, with the next major target being $116,000. However, there are differing views on Bitcoin's future, with some believing it is beginning a massive bull run and others suggesting that the positive outlook for crypto may already be priced in.
Content Editor ( coinedition.com )
- 2025-01-25
Bitcoin in 2025: Can Optimism Match Reality? True Price Predictions
