Bitcoin Price Prediction: As Bitwise Says BTC Will Surge Past $200k In 2025, Crypto All-Stars Rockets Toward $14M In Presale – Last Chance To Buy!
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The
Bitcoin
price
has
jumped
2.3%
in
the
last
24
hours
to
trade
at
$100,306
as
of
7:10
a.m.
EST
despite
a
17%
drop
in
trading
volume
to
$108
billion.
This
rise
in
the
Bitcoin
price
comes
as
Bitwise
says
the
crypto
market
is
set
for
a
transformative
2025,
with
BTC
expected
to
break
the
$200,000
mark.
According
to
the
Bitwise
report,
the
growth
will
be
driven
by
clearer
regulatory
guidelines,
increased
institutional
adoption,
and
technological
advancements.
Bitcoin
to
hit
$200K
in
2025,
per
Bitwise.$500K “If
the
US
government
follows
through
on
proposals
to
establish
a
1M
Bitcoin
strategic
reserve.”
pic.twitter.com/02EPXnJ6vZ—
MAGA
????????(LaughMoreDaily)
(@MAGA_MAHA_MBGA)
December
12,
2024
One
key
factor
contributing
to
Bitcoin’s
rise
is
the
inflow
into
spot
Bitcoin
ETFs
of
$33.6
billion
of
investments
so
far
in
2024.
As
more
institutional
investors
allocate
larger
portions
of
their
portfolios
to
Bitcoin,
this
trend
is
expected
to
accelerate
in
2025.
Bitcoin
Price
Regains
Momentum
Above
$100k
The
BTC/USDT
price
action
on
a
daily
timeframe
indicates
the
current
price
is
trading
at
$100,371,
reflecting
a
0.74%
decline.
The
chart
also
shows
a
potential
upward
movement
with
a
target
price
of
approximately
$110,000,
indicating
bullish
expectations.
Key
support
levels
are
marked
around
$68,721
and
$86,632,
and
the
price
has
respected
these
levels
during
recent
retracements.
This
indicates
strong
buying
interest
at
these
points,
and
if
the
price
retraces,
these
areas
may
act
as
buy
zones.
BTCUSDT
Analysis
Source:
Tradingview
The
50-day
SMA
(green
line)
is
above
the
200-day
SMA
(blue
line),
indicating
a
Golden
Cross,
a
strong
bullish
signal.
This
crossover
indicates
that
the
short-term
price
momentum
is
aligned
with
the
longer-term
trend,
further
supporting
the
bullish
outlook.
Both
moving
averages
are
pointing
upwards,
confirming
the
current
uptrend.
The
chart
also
displays
a
double
bottom
pattern
within
a
yellow
box,
a
bullish
reversal
formation.
The
price
bounced
twice
at
$68,721,
and
this
breakout
from
the
pattern
has
led
to
the
current
upward
trend.
This
reinforces
the
expectation
of
further
gains
in
the
short
to
medium
term.
The
RSI
(14)
is
currently
at
64.42,
moderately
bullish
but
approaching
the
overbought
territory
around
70.
This
could
signal
a
potential
pullback
or
consolidation
before
any
further
rise.
However,
as
the
RSI
is
still
below
70,
there
is
room
for
the
price
to
rise
toward
the
target
price
of
$110,000
before
reaching
an
overbought
condition.
Bitcoin
is
in
a
strong
bullish
trend,
with
key
support
levels
at
$68,721
and
$86,632.
The
Golden
Cross
and
the
double
bottom
pattern
support
the
upward
price
action,
and
the
target
price
of
$110,000
seems
achievable.
However,
traders
should
monitor
the
RSI
as
it
approaches
overbought
conditions,
as
a
short-term
pullback
may
occur
before
the
price
can
reach
the
target.
Crypto
All-Stars
Presale
Closes
On
$14M
–
Last
Chance
To
Buy!
As
Bitcoin
prepares
for
another
upward
move,
traders
are
piling
into
the
new
meme
coin
presale
Crypto
All-Stars
(STARS).
The
project
has
already
raised
over
$13.8
million,
and
there
are
now
less
than
eight
days
before
it
prepares
to
list.
Popular
YouTuber
ClayBro,
with
a
following
of
more
than
133K
subscribers,
predicted
that
STARS
could
experience
a
10X
surge
after
its
launch.
Unlike
traditional
meme
coins
that
rely
heavily
on
community
support
and
hype,
Crypto
All-Stars
(STARS)
offers
significant
utility
through
an
innovative
staking
platform.
This
platform
allows
users
to
stake
some
of
the
most
popular
meme
coins
in
the
market,
including
DOGE,
SHIB,
PEPECOIN,
FLOKI,
BRETT,
MOG,
LADYS,
TOSHI,
COQ,
BONK,
and
TURBO.
Crypto
All-Stars
is
leveraging
brand
awareness
to
expand
its
market
presence
by
supporting
such
a
wide
array
of
tokens.
The
project
also
plans
to
support
additional
assets
in
the
coming
months,
further
enhancing
its
appeal.
The
entrance
to
the
All-Star
house
is
looking
magical,
isn’t
it?!
????????Ready
to
step
inside
?????
pic.twitter.com/vRzAFXIDn7—
Crypto
All-Stars
(@all_stars_coin)
December
8,
2024
One
of
the
key
features
attracting
investors
to
Crypto
All-Stars
is
its
ability
to
consolidate
holdings
across
multiple
tokens
in
one
platform.
By
staking
any
supported
tokens,
investors
earn
passive
rewards
in
STARS,
which
can
also
be
locked
on
the
platform.
Early
adopters
who
stake
STARS
now
can
take
advantage
of
a
190%
annual
yield,
offering
significant
growth
potential.
Currently
selling
for
$0.0016782,
STARS
can
be
bought
using
ETH,
USDT,
BNB,
FLOKI,
SHIB,
PEPE,
DOGE,
or
a
bank
card.
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