Bitcoin Q1 2025- Up for a Delayed Cycle?๐ 2025 kicks off with Bitcoinโs big picture in focus. This is Part 6 of our "Where Can Bitcoin Go?" series, where we explore long-term Bitcoin price dynamics and key levels to watch.
๐ Key Levels to Watch:
1๏ธโฃ $94,629 โ Current support within the 30-minute channel.
2๏ธโฃ $102,150 & $111,192 โ Resistance levels likely to be tested again soon.
3๏ธโฃ $79,717 โ The level Bitcoin hasnโt tested as support yet. A massive buy opportunity if it gets there! (...If!)
4๏ธโฃ 160k to 192k โ Yearly target for 2025, with a 30% chance of reaching higher toward $313,000.
๐ง Big Picture Analysis:
The current bull market doesnโt feel like one, due to macroeconomic factors: inflation concerns, Fed rate policies, and a maturing crypto market. Will revert in detail in due time.
This could mark the end of traditional Bitcoin cycles as we know them, with less seasonality and new norms emerging.
Despite the noise, Bitcoin remains bullish long-term.
๐ Whatโs Next?
Bitcoin has tested structural resistance twice. A third test is expected in February or March 2025.
A breakout above $111,192 would signal a new all-time high.
If Bitcoin drops to $79,717, prepare to go long like thereโs no tomorrow!
๐ก โCycles are evolving as the market matures. More investors understand Bitcoin's seasonality, halving, and structure. This could be the most interesting and volatile year yet.โ
๐ Letโs stay patient, trade smart, and watch these levels closely. Step by step, weโll navigate this exciting market together. Hereโs to a beautiful year ahead!
One Love,
The FXPROFESSOR ๐
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