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Analyst Predicts Bitcoin Could Drop Below $30K in 2025 Due to Long-Term Resistance

BitcoinWorld LogoBitcoinWorld1d ago

Analyst Predicts Bitcoin Could Drop Below $30K in 2025 Due to Long-Term Resistance - BitcoinWorld

Quick Summary:

Bitcoin’s remarkable volatility remains a focal point for traders and analysts alike.

Recently, Jacob King, an outspoken Bitcoin critic and analyst with the cryptocurrency newsletter Whalewire, issued a stark warning: Bitcoin could fall below $30,000 in 2025.

Bitcoin’s fixed supply and upcoming halving event in 2024 could strengthen its long-term price prospects, countering King’s bearish narrative.

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Analyst Predicts Bitcoin Could Drop Below $30K in 2025 Due to Long-Term Resistance - BitcoinWorld (Picture 1)Analyst Predicts Bitcoin Could Drop Below $30K in 2025 Due to Long-Term Resistance - BitcoinWorld (Picture 2)

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 13:24:56 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 24975844

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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The story "Analyst Predicts Bitcoin Could Drop Below $30K in 2025 Due to Long-Term Resistance" was covered 1 days ago by BitcoinWorld, a news publisher based in India.

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BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 11 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #24975844
  • URL: https://beamstart.com/news/analyst-predicts-bitcoin-could-drop-17363443575970

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