Post
Topic
Board Speculation
Re: Will BTC Close above a $100k this Month?
by
LogitechMouse
on 28/04/2025, 01:42:45 UTC
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Price just tapped $95,000.

Will Bitcoin close above a 100k?

Or will there be a retracement to below $90,000?

Let me know your thought.
BTC tapping only the $95,000 price means one thing. There's a huge chunk of selling pressure on that price because that could act as a psychological resistance for some as well. It's also near the S/R flip area.

We're 2 days away from ending the month, and currently the market is experiencing a correction. My prediction for the short term is that it will go below $90,000 and will reach as low as $87,500 before it goes up yet again. Of course, I'm wrong as always Tongue, but now that the market is having a bit of a correction, now is a good time to buy some Bitcoin before selling it at $100,000.

Now to answer your question, obviously it will not reach that price, but maybe in the next 1-2 months we might see it reaching, and even surpassing as well.