• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Running for $220,000? Exciting 2025 Goal for Bitcoin from the Expert!
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Bitcoin and BTC > Running for $220,000? Exciting 2025 Goal for Bitcoin from the Expert!
Bitcoin and BTC

Running for $220,000? Exciting 2025 Goal for Bitcoin from the Expert!

vitalclick
Last updated: December 8, 2024 7:30 pm
6 months ago
Share
SHARE

Cryptocurrency analyst Dave the Wave, Bitcoin $99,040.9He stated that (BTC) may experience a significant price increase before Christmas. Addressing his 147,000 followers on the social media platform X, the analyst emphasized that Bitcoin is trading in a rising channel and technical indicators give positive signals.

Long-Term Goal: Could Approach $220,000 in 2025Interest in Altcoins May Increase Again

Long-Term Goal: Could Approach $220,000 in 2025

According to Dave the Wave’s post, Bitcoin is moving within a long-term ascending channel on the weekly chart. This channel could move the leading cryptocurrency to the $180,000 to $220,000 range in the first half of 2025. The analyst pointed out Bitcoin’s four-year price cycles and stated that a parabolic rise was approaching.

“Bitcoin still hasn’t started a parabolic move. But the direction is upward,” he said. According to this prediction, even a possible correction in Bitcoin price does not jeopardize long-term goals.

Interest in Altcoins May Increase Again

A remarkable analysis was also made regarding Bitcoin’s market dominance rate (BTC.D). According to the analyst, BTC.D is currently about to break the resistance at 57% level. This may increase interest in the altcoin market. “Only a quarter of the movement in the BTC.D rate is complete,” said Dave the Wave, noting that altcoins could rise further in the near future.

Bitcoin price is currently trading at $100,102. Technical analysis points to key indicators supporting the leading cryptocurrency. Developments in the cryptocurrency market are followed closely. Experts recommend that investors should carefully monitor price movements.

This activity in the cryptocurrency market creates both opportunities and risks. Bitcoin’s potential price increase brings controversy. If long-term goals are realized, the leading cryptocurrency can make history again.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

You Might Also Like

Bitwise manager broke the memorization, Trump tariffs and the effect of crypto currencies

New Trend in the Cryptocurrency Market! Surprising Opinions from Finance Experts!

Is silence before the storm? Shock Bitcoin Estimation from the famous economist!

Bitcoin price over 84.100 dollars, crypto confidence test time

New Trend! Sovereign Funds and Institutions Are Flocked to Bitcoin!

TAGGED:BitcoinBTC
Share This Article
Facebook Twitter Email Print
Previous Article XRP Aims for $8.40, Conservative Prediction by Expert
Next Article “Fear Wave” Will Peak! According to Analysts, January 20, 2025 is Critical for the Cryptocurrency Market!
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?