BREAKING
296d 19h ago

Bitcoin (BTC) Projected to Soar to $138,555 by 2025 Amidst Macroeconomic Uncertainty, Says 21Shares

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent analysis from 21Shares, it has been projected that Bitcoin (BTC) could potentially surge to $138,555 by the close of 2025, according to insights shared by CoinDesk. This forecast intertwines historical data with present market dynamics, suggesting that macroeconomic uncertainties and robust on-chain activity are providing a solid foundation for Bitcoin’s ongoing strength. The report identifies the present market cycle as analogous to trends observed in 2021, where Bitcoin has displayed impressive resilience against negative market stimuli. Notably, instances such as the recent collapse of Silicon Valley Bank have not incited widespread panic selling, which reflects a shifting investor sentiment. Instead, these events seem to fortify Bitcoin’s emerging status as a credible hedge against systemic risks inherent in the traditional financial landscape, indicating a maturation in market perception.

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