Krutika Adani
Despite the recent drawdowns, Bitcoin has managed to stay above its $62k support.
Bitcoin now aims at $64k and could manage to cross the resistance in the current month. Beyond that $65k is a minor resistance.
Bitcoin has strong support at $62k, followed by $60k and then $55k. However, it is very less likely that these supports will be breached as we move ahead towards 2025.
Bitcoin is highly likely to create a new ATH above $73.7k if the geopolitical tensions de-escalate. Otherwise, the macroeconomic conditions have been supportive since the last US Fed meeting.
We might see the price of $100k break by the end of 2025 as Bitcoin waits for macro signals to go for the much-delayed post-halving rally.