Bitcoin setting up for strong upside in 2025 thanks to Trump

Since the target of Bitcoin hit at $100,000, we are seeing bullish signs for BTC.

First we have a strong W Formation form and break above the neckline.

Second, the moving averages are aligned nicely with gPrice>20 and 200

Trump presidency is bullish who is supporting crypto with the Trump coin taking off (with volatility though)

If Trump coin drops 50%, it will send crypto traders back to Bitcoin who'll see more stability with the coin.

First target in 2025 is $151,691
Bitcoin (Cryptocurrency)bitcoinbullbuybitcoinbuycryptoChart PatternsFundamental AnalysisTrend Analysis

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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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