Bitcoin (BT) prediction in the next three months. I am so bullish about the Bitcoin movement in the next three months and we have all seen how it has been moving for over past weeks.
I am expecting Bitcoin to maintain upward momentum likely testing new highs due to factors like surging Bitcoin (BTC) ETF inflows and high market dominance. This November, we could probably see Bitcoin trading in the range between $78,000 and $81,000 currently Bitcoin has even passed $75,000 heading to $80,000 which could hit $100,000 in December
This my Bitcoin trend analysis, is supported by strong institutional interest, high market dominance, and optimism around the Bitcoin ETFs. If Bitcoin could hold above its current resistance levels, it may increase more than its previous all-time high, but a dip below its current support level could signal temporary correction before regaining momentum in early 2025.
Based on Bitcoin's historical data December price movements would be higher than November. Should in case the Federal Reserve reduce interest rates and liquidity increase? Bitcoin could be trading above $90,000. However, if broader economic conditions deteriorate Bitcoin could be struggling to break through its key resistance level.
In 2025 as we look further into 2024, the Bitcoin price trend will rise following the halving event for to reduction of the supply of Bitcoin. I hope to see Bitcoin trading around $100,000 or even more higher than $100,000.
My invitees are; @ebeke, and @entity01
Cc:-
@khursheedanwar
Wow this great analysis, I share your bullish sentiment on Bitcoin for the next three months the factors you mentioned definitely support a positive outlook for the cryptocurrency i must say and here's hoping for new highs and continued growth in the coming months wish you all the best my dear friend.
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Thank you sir.
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