Bitcoin’s price breakout could be delayed until October unless it manages to overcome the key $59.600 resistance.
Based on a key technical setup, Bitcoin (BTC) is on track to a breakout to $87,000 by 2025, while BTC price is trapped under a crucial short-term resistance line.
Bitcoin is on track to $87,000 in early 2025, according to the Power Law Corridor, writes popular analyst TItan of Crypto, in an Aug. 29 X post:
BTC/USD, Power Law Corridor. Source: Titan of Crypto