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Here’s Why Bitcoin (BTC) May Not Cross $100K for the Next 3 Months
梦中人 2025-03-05 21:06:18 链资讯 已有人查阅
导读Find out why the world's largest cryptocurrency Bitcoin (BTC) will struggle to move past the $100,000 level...
The cryptocurrency market has been experiencing increased volatility over the past month. Bitcoin (BTC) had an extremely bullish start to 2025. The world’s largest cryptocurrency climbed all the way to a high of $109,114.88. But the king coin dipped to a low of $78,248.92 in no time and caused chaos across the ecosystem. While the community is betting on pocketing major gains over the next couple of months, a prominent analyst is suggesting otherwise.
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Is Bitcoin Still Trading Below $100,000?
Source: Watcher GuruAfter dipping to a low of $81,529.24, Bitcoin managed to surge all the way to a high of $88,911.27 in the past 24 hours. Throughout the last day, the king coin recorded a nearly 4% uptick in its price. At the time of writing, BTC was trading at $87,070.61.
Source: CoinMarketCapBitcoin started the month of February at a high of $102,514.17. But the asset soon dropped to a low of $78,248.92. A downfall of this magnitude came as a huge shock to the market. While the market was looking for signs of recovery, BTC is expected to continue trading around its current price levels for some time.
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Third Correction Phase
According to an analyst at CryptoQuant, Bitcoin will enter the third corrective phase of its current bull cycle. This reportedly started in early 2023. During this period BTC is expected to trade between $80K and $100K during the next two to three months. This points to a time of consolidation before the possible future gains. Bull markets frequently experience these corrections, which provide market stability and momentum.
Source: CryptoQuantThe analayst further added,
“If history repeats itself, the current correction could persist for another 2 to 3 months, with BTC ranging between $80K and $100K. In this scenario, a decisive breakout above $100K could mark the end of the corrective phase, potentially paving the way for a rally toward $130K.“
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Here’s Why Bitcoin (BTC) May Not Cross $100K for the Next 3 Months
Find out why the world's largest cryptocurrency Bitcoin (BTC) will struggle to mMapping Bitcoin’s road to $100K – THIS price zone is key for BTC’s next rally
Like the 20% rebound from $78K, could BTC rally again, targeting $97K resistance比特币15万美元时代开启!莱特币能否乘势冲击万元关口?
近期,加密货币市场再度掀起波澜,比特币价格成功突破15万美元大关,开启了一个全新的时代。eth钱包地址错误-eth 钱包地址
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