22 days ago

Bitcoin Price Prediction: Charting The Roadmap Of BTC To $150,000 By 2025

Crypto analyst TradingShot had predicted before that the Bitcoin price could rally to as high as $150,000 in this bull run. With the flagship crypto now close to the $100,000 milestone, the analyst has charted Bitcoin’s current price action and provided insights into how the crypto could reach this $150,000 target by 2025. The Current Bitcoin Price Action And Road To $150,000 In a TradingView post , TradingShot stated that the Bitcoin price is now off the 0.786 to 1.0 Fibonacci range, where it consolidated from March 2024 until October 2024. The analyst noted how the breakout in October was largely thanks to the US presidential elections and the euphoria after Donald Trump won. TradingShot said that the Bitcoin price is only one month outside this range and is already much higher. He noted that last month’s candle was similar to November 2020 and May 2017. Coincidentally, those periods were when the “most aggressive rallies of those bull cycles started.” The crypto stated that the Bitcoin price was at a 71.5° angle between May and December 2017. In the 2021 cycle, Bitcoin was at a 68.5° angle (3° lower) between November 2020 and April 2021. If this happens to be a trend, TradingShot remarked that it is safe to assume that the 2024/2025 parabolic rally could be at a 65.5° angle (-3° from the previous cycle). In line with this, TradingShot said that this gives the Bitcoin price a potential target of $300,000 as early as May 2025 if the crypto records a double top cycle as in 2021. Meanwhile, the crypto analyst asserted that the $150,000 target is “very plausible” from a technical analysis perspective since it is just below the top of a multi-year channel he highlighted on the chart. BTC’s Next Move Still Unclear Amid this bullish prediction for the Bitcoin price, crypto analyst Kevin Capital has suggested that BTC’s move is still unclear. He stated that while Bitcoin has a lot of liquidity to the downside of about $88,000, the real bulk of liquidity is still around the $100,000 to $103,000 range. Based on this, the analyst stated that it is best to sit back and watch what comes next. Meanwhile, crypto analyst Mikybull Crypto has suggested that the Bitcoin price may experience a cooling-off period in the meantime. This came as he revealed that the sell signal has flashed on Bitcoin’s dominance for the first time since 2020. In line with this development, he stated that it is officially altcoin season . Blockchain center data shows that it is indeed altcoin season. In the last 90 days, 75% of the top 50 coins by market cap have outperformed the Bitcoin price. With this being altcoin season, Bitcoin could cool off while altcoins record parabolic rallies. At the time of writing, the Bitcoin price is trading at around $95,600, down in the last 24 hours, according to data from CoinMarketCap.

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

BC.GAME Launches Wukong Slot Game, Now Playable with Crypto

NICOSIA, Cyprus, December 26th, 2024, Chainwire BC.GAME has launched its latest slot game, Wukong , inspired by the highly popular AAA game Black Myth: Wukong. Released on December 24, this 6-reel, 5-row slot game invites players to join Wukong on his epic journey, with the chance to win up to 10,000 times their bet. The game features key symbols from Black Myth: Wukong, including Wukong’s Ruyi staff and treasure pearls, bringing the game’s mythical world to life. Players can also enjoy the convenience of using cryptocurrency for gameplay, adding extra flexibility to the experience. Crypto Integration: Wukong Can Now Be Played with $BC and Hundreds of Cryptos The BC.GAME gaming platform continues to integrate cryptocurrency, offering players the ability to play Wukong using $BC, the platform’s native token, and other popular cryptocurrencies. In celebration of the holiday season, BC.GAME is hosting a large-scale event, distributing a total of 200 million $BC tokens. Players can claim free $BC tokens directly to their accounts, which can then be used to play the Wukong slot game . Key Features of the Wukong Slot Game: Play with Crypto: Users can enjoy the game using $BC, Bitcoin, Ethereum, and hundreds of Cryptocurrencies. High Win Potential: Wukong offers payouts of up to 10,000x the bet amount. Free Spins and Bonus Opportunities: Users can unlock additional rewards through free spins and bonus features to enhance gameplay. Wide Bet Range and RTP: With an RTP of 96% and bets ranging from $0.20 to $100 per spin, Wukong caters to both casual players and high rollers. Seamless Crypto Experience: Crypto users can enjoy a fast, secure transaction process, making the game more accessible and enjoyable. Jack Dorset, CEO of BC.GAME commented on the launch, stating: “With the release of Wukong, we are continuing our commitment to blending the rich history of gaming with the innovation of cryptocurrency. We’re excited to offer our players a unique opportunity to enjoy a high-quality slot game with the flexibility and security that digital currencies provide. This launch, along with our ongoing $BC airdrop, is part of our broader vision to make BC.GAME is the leading platform for crypto-powered gaming,” About BC.GAME BC.GAME is a leading online gaming platform that integrates blockchain technology and cryptocurrency into its casino games, by offering a secure, transparent, and decentralized experience, BC.GAME allows players to enjoy a variety of gaming options, including slots, table games, and live casino offerings. The platform is dedicated to providing players with exciting, fair, and innovative ways to engage with the world of gaming. Website: https://bc.game/ X: https://x.com/bcgame Telegram: https://t.me/bcgamewin Contact Olivia D oliviadi@bcgame.com NewsBTC

Crypto Market Poised for Gains Ahead of Trump’s Presidency

The Flow Horse, a prominent crypto analyst, predicts a potential surge in Bitcoin and altcoin prices leading up to mid-January. This optimism stems from the anticipated pro-crypto policies of the incoming Trump administration, which has expressed support for reducing government resistance to cryptocurrencies. Trump’s proposal for a Bitcoin treasury has further fueled bullish sentiment. However, … Continue reading "Crypto Market Poised for Gains Ahead of Trump’s Presidency" The post Crypto Market Poised for Gains Ahead of Trump’s Presidency appeared first on Cryptoknowmics-Crypto News and Media Platform . NewsBTC