Exploring Bitcoin's Future: Insights and Predictions

Despite signs of bearish trends in the short term, the long-term outlook for Bitcoin is optimistic from a technical analysis perspective. Following a strong 2024 where Bitcoin saw a 120% increase year-over-year, current indicators suggest it may be range-bound for the next few weeks. This is based on the stochastic oscillator indicating trend exhaustion.

Key Technical Levels to Watch for Bitcoin:

• Resistance: Recent highs near $108K. A breakout here would signal bullish trends, but momentum is currently weak.
• Support: Initial support around $84.5K, with secondary support at $73.8K further defined by the Ichimoku cloud model.

Despite the current bearish signals, there's hope for a recovery following previous downtrends, particularly after the post-election breakout in November.

Ethereum's Position in 2025

Ethereum, like Bitcoin, is facing a resistance near $4000 and has seen similar bearish signals. Immediate support is located at $3226 within the daily Ichimoku model. A break below could lead to testing the 200-day moving average.

Although both the leading cryptocurrencies are facing turbulence, the long-term indicators still project positive momentum, especially for Bitcoin more convincingly than Ethereum.

Conclusions

The volatility expected in early 2025 could be an opportunity for investors to reposition themselves favorably, ideally waiting for trends in both Bitcoin and Ethereum to shift positively.