bullish

Bitcoin

Strong

Rekt (rektarb.xyz)

Rekt

<ul> 
 <li><strong>The pattern of price increases post-Bitcoin halvings and bullish MACD indicators highlight the likelihood of Bitcoin reaching $100K by 2025.</strong></li> 
 <li><strong>The growing trend of Bitcoin hodling by long-term investors, demonstrated by high ATS scores and recent purchases, indicates strong market confidence, supporting higher future prices.</strong></li> 
</ul>  
<p>According to a recent <a href="https://www.crypto-news-flash.com/will-bitcoin-reach-100k-by-2025-analysts-believe-this-new-token-will-100x-ripple-xrp-sees-bullish-gains-this-week/">report</a> by CNF on whether Bitcoin will reach $100K by 2025, Bitcoin’s recent price movement suggests a potential rise to a “six-figure value” per BTC, as a popular technical indicator, the MACD, signals a bullish trend. Despite a recent drop below $50,000, Bitcoin’s trajectory could lead to significant gains by year-end.</p> 
<p>Analysts at the market intelligence firm Glassnode have noted an emerging “hodling preference” among long-term investors as the market slowly recovers from last week’s sell-off. Here are three reasons traders believe Bitcoin could achieve a “six-figure value”:</p> 
<h2 id="strong-historical-data-suggests-bitcoin-often-rises-significantly-after-each-halving-strong"><strong>Historical data suggests Bitcoin often rises significantly after each halving.</strong></h2> 
<p>Furthermore, the ecoinometrics points out that Bitcoin’s recent drop below its growth trajectory could signal a recovery, potentially reaching between $140,000 and $450,000. Rekt Capital’s analysis indicates a bullish trend reversal with <a href="https://www.crypto-news-flash.com/bitcoin-btc-price-recovery-in-motion-can-solana-sol-replicate-crypto-betting-application-rollblocks-100-price-surge/">Bitcoin’s recovery</a> above $60,000, signaling the end of the downtrend. Strong buy-side volume is crucial to maintain this upward momentum.</p> 
<h2 id="strong-bullish-signals-from-technical-indicators-like-the-macd-suggest-potential-price-increases-strong"><strong>Bullish signals from technical indicators, like the MACD, suggest potential price increases.</strong></h2> 
<p>In a recent tweet, Exel Adler Jr. highlights that a bullish MACD signal could drive Bitcoin’s uptrend, similar to the scenario in July that saw a 30% price increase. If the MACD shows a bullish cross, Bitcoin may continue its recovery and reach new highs.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">I'm not a big fan of MACD, but a bullish pattern is forming on the daily timeframe.</p> 
 <p>The good news is that many traders are noticing this. <a href="https://t.co/KBER4jrfF1">pic.twitter.com/KBER4jrfF1</a></p> 
 <p>— Axel <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f48e.png" alt="💎" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f64c.png" alt="🙌" class="wp-smiley" style="height: 1em; max-height: 1em;"> Adler Jr (@AxelAdlerJr) <a href="https://twitter.com/AxelAdlerJr/status/1823262055136182709?ref_src=twsrc%5Etfw">August 13, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 id="strong-increased-hodling-by-long-term-investors-indicates-strong-market-confidence-strong"><strong>Increased hodling by long-term investors indicates strong market confidence.</strong></h2> 
<p>Glassnode reports that long-term Bitcoin investors are increasingly “hodling,” with the Accumulation Trend Score (ATS) hitting a new high. <a href="https://www.crypto-news-flash.com/long-term-bitcoin-holders-accumulate-over-450-billion-analytics-firm-glassnode-reveals-impressive-trend/">Long-term Holders</a> (LTHs) have accumulated over 374,000 BTC in the past 90 days, indicating significant buying activity. In a statement, Glassnode analysts highlighted that,</p> 
<blockquote>
 <p>After several months of relatively heavy distribution pressures, the behavior of Bitcoin holders appears to be rotating back towards HODLing and accumulation.</p>
</blockquote> 
<p>According to Coin Market Cap data from today, Bitcoin (BTC) has surged by <span style="color: #008000;"><strong>3.59%</strong></span> in the past day and <span style="color: #008000;"><strong>5.85%</strong></span> in the past week, reaching a price of <strong>$60,901.60</strong>. See BTC price chart below.</p> 
<p><span data-sheets-root="1"></span></p>
<div class="cryptoboxes" id="mcw-19491" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="bitcoin" data-symbol="BTC" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="month" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>

Bitcoin (BTC) to $100K by 2025? Here Are 3 Reasons Traders Believe It’s Possible

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