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Sujit Kumar
Jan 2, 2025
by Sujit Kumar

Bitcoin Eyes $130K as Bullish Momentum Builds in 2025

Bitcoin Eyes $130K

Table of contents

  1. Key Resistance at $95.8K
  2. Predictions of $130K-$150K
  3. Broader Market Optimism
Bitcoin began 2025 with a strong recovery, climbing 1.5% on Jan. 2 to reach $95,880 on Bitstamp. This rebound follows a dip to monthly lows and hints at growing market confidence.

Key Resistance at $95.8K

Popular trader Daan Crypto Trades highlighted the $95.8K range as a critical resistance level. "Mid range at $95.8K has been acting as resistance on the most recent test," he noted, suggesting that a breakout on either side could determine Bitcoin's direction in the next 1–2 weeks.

Market indicators also show increased volume at range lows, favoring bullish momentum.

Predictions of $130K-$150K

Other analysts see Bitcoin poised for significant gains. Trader Jelle drew parallels between current price action and previous patterns, predicting a potential move to $130,000–$150,000 following a breakout.

Entrepreneur Jason Williams echoed this sentiment, suggesting a new all-time high for Bitcoin this quarter. His analysis compared recent consolidation to the March 2024 range that preceded a substantial rally.

Broader Market Optimism

The optimism isn’t limited to Bitcoin. Cole Kennelly, founder of Volmex, anticipates a liquidity boost for risk assets, including crypto, as traditional financial traders return to the market.

"The market goes full risk on, and a lot of money piles into crypto," Kennelly stated, citing the easing of year-end rebalancing pressures.

With Bitcoin's price action aligning with bullish market signals, many believe 2025 could mark a transformative year for crypto.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
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Bitcoin Eyes $130K as Bullish Momentum Builds in 2025
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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