Bitcoin's price cycle is showing similarities to historical patterns, with analysts predicting a potential rally to a new all-time high of $170,000 by the end of March 2025. The analysis highlights a recurring trend called the 'March Effect' and identifies key support levels. Other analysts have even more bullish projections, with some predicting a peak of $300,000 by March 30, 2025. However, more cautious forecasts suggest the cryptocurrency could drop to as low as $39,500 in a bearish scenario. Bitcoin's current price is $104,961, and the market is awaiting a catalyst to reignite momentum.



Other News from Today