Bitcoin has surged over 10% in the past week with analysts predicting a further 40% increase by year-end. Altcoins like SUI, AVAX, TRUMP, and TAO are also showing positive trends. The recent rise in Bitcoin’s price is attributed to strong buying in US spot Bitcoin ETFs, with inflows reaching $3.06 billion. Bitcoin is expected to reach between $130,000 and $163,000 by the end of 2025, according to Sina’s Bitcoin Quantile Model. The short-term outlook for Bitcoin remains bullish, with resistance at $95,000 and potential targets at $100,000 and $107,000. SUI is facing resistance at $3.90, while AVAX has been range-bound between $23.50 and $15.27. TRUMP and TAO are also showing positive price movements, with resistance levels at $16 and $375, respectively. Buyers are actively defending key support levels, signaling a bullish sentiment in the market. The charts indicate potential price movements for these cryptocurrencies in the near term. This article does not provide investment advice, and readers are advised to conduct their own research before making any trading decisions.
Posted in
JUST IN
