Bitcoin Bull Market: End of an Era or Temporary Pause?
Bitcoin’s bull market faces uncertainty as analysts spot signals of a potential peak. Recent patterns, such as December’s “shooting star” candlestick, hint at weakening momentum, echoing past bull market tops.
Bitcoin hit an all-time high of $108,364 on Dec. 16, 2024, before retreating to $92,000, with the $90,000–$92,000 range now seen as critical support. While some predict further rallies, others caution the bull run is 80% complete, urging disciplined risk management. As volatility rises in 2025, investors must navigate the fine line between seizing gains and preparing for potential downturns.
Clever Robot News Desk 2nd January 2025