A bearish chart pattern could send Bitcoin price to $76,000. What will BNB, AAVE, XMR and VIRTUAL do in the meantime?
Bitcoin (BTC) could not hold on to the recovery attempts during the week, signaling selling by the bears at higher levels. Although buyers failed to push the price above $100,000, they have not ceded much ground to the sellers. This suggests that the bulls are holding on to their positions as they anticipate another leg higher.
Crypto mining firm Blockware Solutions said in a market forecast report viewed by Cointelegraph that Bitcoin’s base case target for 2025 is $225,000. Even the bear case target of $150,000 is way higher than the current price. The bull case target is a hefty $400,000.
Crypto market data daily view. Source: Coin360
