Current Market Situation
- Price Movements: Bitcoin is currently trading around $105,000. Forecasts for the second half of 2025 suggest a possible rise to $120,000 or more, provided that current resistances are overcome.
- Resistances and Supports: The market is facing a multi-month supply block acting as resistance, while support lies between $95,000 and $100,000. A break of the support could lead to a price decline, while a stronger upward trend has the potential to push prices above $120,000.
Long-term Forecasts
- 2025: Experts expect a Bitcoin trading price between an average of $104,922 and $108,069, with a potential peak value exceeding $120,000.
- Long-term Perspectives: In the long run, prices could rise to as much as $900,000, driven by strong demand and increasing acceptance.
Investor Behavior
- Profit Taking: Profit taking could occur starting at $120,000 and lead to a price decline.
- Market Volatility: The high volatility of the cryptocurrency market requires investors to be prepared for fluctuations and adjust their investments accordingly.
Factors Influencing the Market
- Macroeconomic Factors: Events such as US labor market reports and geopolitical tensions can significantly impact the market.
- Regulation and Adoption: Increasing regulation and institutional acceptance can provide positive market impulses.
Overall, Bitcoin could reach new highs in the second half of 2025, while investors should remain aware of the risks and potential profit-taking.