The pattern of price increases post-Bitcoin halvings and bullish MACD indicators highlight the likelihood of Bitcoin reaching $100K by 2025. The growing trend of Bitcoin hodling by long-term investors, demonstrated by high ATS scores and recent purchases, indicates strong market confidence, supporting higher future prices.
According to a recent report by CNF, Bitcoin’s recent price movement suggests a potential rise to a “six-figure value” per BTC, as the MACD signals a bullish trend. Despite a recent drop below $50,000, Bitcoin’s trajectory could lead to significant gains by year-end.
Analysts at Glassnode have noted an emerging “hodling preference” among long-term investors as the market slowly recovers from last week’s sell-off. Historical data suggests Bitcoin often rises significantly after each halving, and technical indicators like the MACD suggest potential price increases.
In a recent tweet, Exel Adler Jr. highlights that a bullish MACD signal could drive Bitcoin’s uptrend, similar to the scenario in July that saw a 30% price increase. Increased hodling by long-term investors indicates strong market confidence, with the Accumulation Trend Score hitting a new high.
Bitcoin has surged by 3.59% in the past day and 5.85% in the past week, reaching a price of $60,901.60. With bullish signals and increased hodling, traders believe Bitcoin could achieve a “six-figure value” by 2025.
