Bitcoin (BTC) has reached a new all-time high of $94,002 and is showing strong upward momentum. Geopolitical tensions and increased investor optimism are driving interest in the market. Analysts believe that Bitcoin's rally is entering its most aggressive phase, potentially leading to a climb towards the $200,000 milestone. Technical indicators, including the Pi Cycle theory and the weekly RSI, support this bullish outlook. The 100-day moving average is also seen as a reliable support level. Experts project Bitcoin to peak between $150,000 and $200,000 by late 2025. However, the Fear & Greed Index is signaling elevated market sentiment, which may pose challenges. Overall, the alignment of technical patterns and favorable macroeconomic conditions presents a unique opportunity for investors. Traders are advised to closely monitor critical levels and signals for Bitcoin's next move.
BIS Report Questions Decentralization of Liquidity Provision in Uniswap Amid Institutional Dominance
Metacade and SuperVerse Partner to Revolutionize On-Chain Gaming with Pool Prizes on Base Blockchain