Analyst Sees Bitcoin in “Start Rally Zone”: Will Price Reach $170K in 2025?
From dailyforex.com
Bitcoin is continuing a steady upward trend that has defined its recent price action, drawing closer to the $100,000 mark. This sustained climb suggests that the broader market remains engaged, gradually building momentum. Analysts are now focusing on indicators shaping short-term to mid-term price movements. “Bitcoin is warming up,” CryptoQuant contributor Axel Adler Jr. said in a QuickTake post explaining three possible scenarios that could shape BTC’s subsequent rally. According to Adler Jr., the Bitcoin composite index (BCI) — onchain momentum designed to help investors identify the peaks and bottoms of market ...
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