Bitcoin’s Realm: Will it Smash Resistance and Reach $250K in 2025? Or Just Dream on?
Lo and behold, Bitcoin-an icon of hope, disappointment, and stubbornness-recently plunged to a low of $112,000, a number as bleak as a Dostoevsky novel. Yet it rose, modestly, like a battered hero clinging to a last shred of dignity, flirting with the $114,000 mark. Still, the specter of moving averages looms over, casting shadows of doubt, keeping this modern-day gold a prisoner below the key levels of mercy. The resistance near $114,400-$115,500 feels less like resistance and more like a cruel joke. On the other hand, support at $112,500 and $110,500 are the only comrades standing between salvation and a plunge into chaos.