Bitcoin's performance in 2025 is starting with high expectations, but analysts are cautioning that it is currently at a critical point. Omkar Godbole, a market analyst, warns that Bitcoin needs to hold onto the December low of $91,186 to avoid confirming a downtrend. In December 2024, Bitcoin surpassed its all-time high but then experienced a sharp decline, forming a bearish signal known as the "shooting star" candlestick pattern. This pattern suggests a renewed bearish trend and potential further declines if the December low is broken.



Other News from Today