Bitcoins Next Moves Key Targets

in #bitcoin4 hours ago

btc targets.jpg

Bitcoin continues to be on a wild ride. It seems to have stalled out though and the alt coins seem to be heating up. This is normally the greed part setting in. Which people get tired of 10% gains and start looking for 100% gains.

Everyone right now continues to predict a 100k bitcoin however right now the reclaim point is targeted at $98.500. That would be the point in which bitcoin could see gains again but until then we could instead see a major sell off.

Now remember a vast majority of investors in bitcoin are still retail investors. You know the ever day grunt. But the big money for the most part is still locked up to some extent and uncertainty. That very well might change come Q2 of 2025 as new regulations and laws get passed that should hopefully open crypto up for the usa.