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Bitcoin: On the Road to $200,000 and Beyond — A Comprehensive Analysis | by Michael P. Di Fulvio | The Capital | Feb, 2025

February 10, 2025
in Altcoin
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The Capital
OpenAI DALL-E3 by Writer

Bitcoin stays the main cryptocurrency and the cornerstone of the digital financial system, boasting unparalleled safety, decentralized integrity, and rising institutional adoption. This detailed evaluation leverages weekly and month-to-month charts, alongside community and blockchain knowledge, to offer a bullish value projection of $200,000 by the tip of 2025 and prolonged outlooks for 2030 and past.

Worth Motion

Present Worth: $96,340Bitcoin has maintained a constant uptrend, with greater highs and better lows since mid-2023. It’s presently consolidating just under the essential $100,000 psychological stage, a possible launchpad for the following main rally.Latest weekly candles present a wholesome retracement from its ATH of $109,160, reflecting profit-taking however with out breaking the bullish construction.

Transferring Averages

21-Week SMA (Orange Line): Bitcoin trades effectively above the 21-week SMA, which is trending upward round $80,000. This stage acts as a essential dynamic assist zone throughout bull markets. Pullbacks to this SMA traditionally present…



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Tags: AnalysisBitcoinCapitalComprehensiveFebFulvioMichaëlRoad
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