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Sunday, September 12, 2021

Bitcoin Price Prediction 2025

Bitcoin currency hanging on $40000 to $50000 area. As you know it's BTC and it can change between price action and trend show. From here, we still say BTC is positive and looking for a whale breakout to $48,200 - $48,600, which will also change the trend into a new belief trend for most users.

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Bitcoin Price Prediction 2025 - 

BTC.D is moving in a downtrend and got rejected from its support as well as the support at 40.6%. It is currently heading towards that level again and if broken we would be waiting to see its reaction on the 8h demand area. However, if it gets rejected again BTC.D should be ranging between 40.6% and 41.11% again.
Bitcoin Price Prediction 2025
Image via newdaycrypto

Price was ranging in a descending channel but bounced back up from the support created at the 45k level and is currently moving upwards respecting perfectly the support line and breaking out from the descending channel but it is getting rejected from the S/R flip at 45.7k. 

Bitcoin Price Prediction At The End Of 2021 - 

MACD is bullish again and the price is moving accordingly with RSI, future moves are determined by the breakout. If BTC breaks out downwards it would be heading towards the resistance at 44k but if the breakout occurs from the resistance level we would be seeing BTC at 47.2k. 

BTC is trying to recover here and anything above 40K level is still bullish. Please try to understand the difference between support ZONE of 40k to 42K plus-minus and critical support level of 4)K mark. any closing below 40K will turn the market sentiments so we need to remain alert on same and buying back with caution, The upcoming time can be very volatile so best here is to dollar-cost average and not throwing everything into coins and #BTC and after confirmation, a further line of action can be decided. Cheers.

History Of Bitcoin- 

Bitcoin was founded in 2009 by Satoshi Nakamoto emerged in the news. His epic idea of creating a cryptocurrency that would run on the blockchain and ensure maximum transparency and security at the same time simultaneously being scientific was considered highly “INCREDIBLE” and brought a lot of turbulence in the initial phase of price offer.

It would not be less than a mystery of how Bitcoin scaled a count of $50,000! It is unbelievable how the numbers are still rising.

Mining is the process through which Bitcoins are released in circulation and by which transaction records in the system are added and verified. Various computer software is used for mining like Application-Specific Integrated Circuits (ASIC) and more advanced processing units like Graphic Processing Units (GPUs) known as “mining rigs.” By the end of December 2020, it is estimated that there should be 4 million Bitcoins in the world.

Bitcoins can be accepted as a method of payment for services/products provided. If you have a physical store, just display a sign saying “Bitcoin Accepted Here” and many of your customers may well take you up on it; the transactions can be handled with the hardware terminals through QR codes and apps. An online business can easily accept bitcoins by just adding this payment option to the others it offers credit cards, PayPal, etc.

Bitcoin Price Prediction At The End Of 2025 -


BTC’s market dominance stood at approximately 42.3%. 

If we take a look at the BTC chart, we see that it faces a trendline resistance, and has been on a downtrend for some time. 

Moreover, the absence of any significant external factors presents a dull picture for BTC for the current month. 

On a medium time frame, there seems to be a demand zone at $46,250. The large wicks at the bottom of the 2 consecutive daily candles indicate that there is a demand zone near that level. However, it is important to wait for confirmation before taking a trade right now. 

If the $46,250 level breaks, BTC could likely head to $42,000 in the short term. Similarly, if we see volume and BTC taking support at this level and going higher, we might see it heading for the $50,000 level again. 

Can Bitcoin Reach 100k Dollar In 2021 - 

My price prediction about bitcoin will touch 100k dollars at the end of 2021.
So my recommendation is to hold bitcoin till 2025 because most of the institutions and private investors hold bitcoin. 
At the end of 2025 bitcoin will touch 1 MILLION Dollars. So don't panic about the Bitcoin dump just hold Bitcoin.