Financial Insights That Matter
Bitcoin (BTC) has started the third week of 2025 on shaky ground, raising concerns among investors. After losing over 5% last week, the leading cryptocurrency slipped below the critical $95,000 support level, trading around $94,146 during Monday’s early European session. The sudden drop has sparked fresh fears of further sell-offs, with technical indicators hinting at a potential downturn.
With market sentiment shifting and whale activity slowing, the next few days could prove pivotal.
Crypto Market Sentiments Shift – and It’s Not Looking Good
Excitement over U.S. President Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President ’s re-election is fading as fears of a potential “sell-the-news” scenario grow ahead of his inauguration. Bitcoin’s Fear and Greed Index reflects increasing greed among some traders, while whale activity appears to be slowing.
Adding to market concerns, data from Santiment shows that crypto trading volumes have fallen to levels not seen since before the November 5, 2024, U.S. elections.
Meanwhile, the total supply of Bitcoin on centralized exchanges (CEXes) has risen by 2,729 BTC—worth about $256 million—over the past 24 hours, bringing the total to 2.19 million BTC.
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Technical Analysis: Warning Signs for Bitcoin
Bitcoin’s price charts reveal signs of a potential head and shoulders (H&S) pattern, a classic bearish indicator, forming on the daily timeframe. Adding to the bearish signals, the Relative Strength Index (RSI) is showing a divergence, suggesting a possible dip below $90,000 in the near future.
Renowned trader Peter Brandt has weighed in on Bitcoin’s current setup. According to him, the cryptocurrency may be forming an H&S pattern, a bear-trap, or transitioning into a longer-term structure. Brandt highlighted that if the H&S pattern plays out, Bitcoin’s price could fall to a target range between $77,500 and $75,000.
Key Level to Watch
Despite the bearish outlook, there’s still hope for a reversal. Brandt noted that if Bitcoin can consistently close above $108,000, it could signal the start of a new bullish trend. Until then, the market remains volatile, with traders closely watching for signs of further downside.
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The coming days will be crucial in determining whether Bitcoin can recover or if more losses are on the horizon. Will it hold its ground, or is a deeper correction inevitable? Stay tuned.
FAQs
As per Coinpedia’s BTC price prediction, 1 BTC could peak at $169,046.
In 2030, the price of 1 Bitcoin could reach a height of $610,646.
Projecting a 10-year growth in a volatile asset like Bitcoin seems a far-stretched notion. The BTC price is expected to cross $600,000 by 2030. With global adoption, Bitcoin could be worth 1 million dollars.
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