Bitcoin Poised for Breakout – Can It Surge Past $100K?
21.03.2025 21:00 1 min. read Alexander Stefanov
A well-known crypto analyst, operating under the pseudonym Credible Crypto, believes Bitcoin is on the brink of a major breakout.
Credible points to a critical resistance level around $88,000, suggesting that a successful breach could set the stage for Bitcoin to climb toward the $100,000 mark.
According to the analyst, Bitcoin’s recent price movements indicate growing bullish momentum. The fact that BTC tested this key resistance level before pulling back is seen as a positive signal.
If Bitcoin holds support near $78,000 after a rejection, he predicts the next upward move could be explosive, breaking not just this resistance but also a higher supply zone that previously triggered a selloff.
Bitcoin recently touched $87,000 before dipping to around $84,000, a move that, in the analyst’s view, keeps it on track for a significant rally. He describes the latest rejection as a textbook response, reinforcing the idea that BTC remains positioned for a long-term uptrend.
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