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Cryptocurrency News Articles

Bitcoin (BTC) Price Prediction: Momentum Builds Towards $104K Milestone, Altcoin Rally Anticipated Amid Bitcoin Dominance Rise

Jan 08, 2025 at 02:30 am

Bitcoin has surged back to the $102K mark, aligning with a familiar fractal pattern observed in previous post-halving cycles.

Bitcoin (BTC) Price Prediction: Momentum Builds Towards $104K Milestone, Altcoin Rally Anticipated Amid Bitcoin Dominance Rise

Bitcoin price finally made a strong comeback from the local bottom, attempting to fulfill a familiar fractal pattern that has surfaced in previous post-halving cycles. Now, as BTC price attempts to tap the $102K mark once again, what can traders expect next?

Bitcoin Price Surged Back To $102K, Now What?

Bitcoin price finally showed some bullish momentum after seven days of pumping from the local bottom. This movement seems to be aligning with a familiar fractal pattern that has been observed in previous post-halving cycles. The seven-day pump from the local bottom could suggest an upward momentum that probably needs to be followed by some consolidation phase before another breakout above the ATH.

According to the history, Bitcoin could continue the trend from the previous year – which has forecasted a high around February 20. During this stage, the virtual currency can break the upper trend channel and reach $148K. Market watchers expect a very strong performance in altcoins within this period.

Many tokens are likely to make new ATHs, while some might power through for a strong comeback toward the end of the year. However, predictions of its long-term trend remain conservative, as it is believed that the market might start to cool down by Q3 2025.

Bitcoin Price Surges Past $102K, Setting Sights On $104K Milestone

Bitcoin price finally showed some bullish momentum after seven days of pumping from the local bottom. This movement seems to be aligning with a familiar fractal pattern that has been observed in previous post-halving cycles. The seven-day pump from the local bottom could suggest an upward momentum that probably needs to be followed by some consolidation phase before another breakout above the ATH.

According to the history, Bitcoin could continue the trend from the previous year – which has forecasted a high around February 20. During this stage, the virtual currency can break the upper trend channel and reach $148K. Market watchers expect a very strong performance in altcoins within this period.

Many tokens are likely to make new ATHs, while some might power through for a strong comeback toward the end of the year. However, predictions of its long-term trend remain conservative, as it is believed that the market might start to cool down by Q3 2025.

Bitcoin price finally made a strong comeback from the local bottom, attempting to fulfill a familiar fractal pattern that has surfaced in previous post-halving cycles. Now, as BTC price attempts to tap the $102K mark once again, what can traders expect next?

Bitcoin price finally showed some bullish momentum after seven days of pumping from the local bottom. This movement seems to be aligning with a familiar fractal pattern that has been observed in previous post-halving cycles. The seven-day pump from the local bottom could suggest an upward momentum that probably needs to be followed by some consolidation phase before another breakout above the ATH.

According to the history, Bitcoin could continue the trend from the previous year – which has forecasted a high around February 20. During this stage, the virtual currency can break the upper trend channel and reach $148K. Market watchers expect a very strong performance in altcoins within this period.

Many tokens are likely to make new ATHs, while some might power through for a strong comeback toward the end of the year. However, predictions of its long-term trend remain conservative, as it is believed that the market might start to cool down by Q3 2025.

Bitcoin price finally made a strong comeback from the local bottom, attempting to fulfill a familiar fractal pattern that has surfaced in previous post-halving cycles. Now, as BTC price attempts to tap the $102K mark once again, what can traders expect next?

Bitcoin price finally showed some bullish momentum after seven days of pumping from the local bottom. This movement seems to be aligning with a familiar fractal pattern that has been observed in previous post-halving cycles. The seven-day pump from the local bottom could suggest an upward momentum that probably needs to be followed by some consolidation phase before another breakout above the ATH.

According to the history, Bitcoin could continue the trend from the previous year – which has forecasted a high around February 20. During this stage, the virtual currency can break the upper trend channel and reach $148K. Market watchers expect a very strong performance in altcoins within this period.

Many tokens are likely to make new ATHs, while some might power through for a strong comeback toward the end of the year. However, predictions of its long-term trend remain conservative, as it is believed that the market might start to cool down by Q3 2025.

News source:www.tronweekly.com

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