With Bitcoin halving coming up and the current market conditions, I'm curious to hear everyone's thoughts on where Bitcoin might be headed in Q1 2025.
Here are some factors I'm considering:
What's your take? Are you bullish, bearish, or neutral?
I'm bullish on Bitcoin for Q1 2025. The halving will reduce supply while institutional demand continues to grow. I think we could see $100K+ by the end of Q1.
Key reasons:
I'm more cautious. While the halving is bullish, we need to consider:
I think we'll see $80K-$90K range, but not the moon shot some are expecting.
Technical analysis shows a strong bullish pattern forming. The weekly chart is setting up for a major breakout.
Key levels to watch: