Analyst: BTC's medium and long-term indicators all support a bullish outlook for 2025

Odaily Star Daily News, Fairlead Strategies founder Katie Stockton said that BTC has a bullish trend in the medium to long term. As time enters 2025, the long-term rise trend of Crypto Assets will continue. Katie Stockton explains, ‘Our mid-term indicators show that BTC will move towards higher price levels, supporting its bullish prospects after a short-term consolidation. This indicates that a severe pullback can be avoided. Our long-term indicators rose last month, supporting the bullish prospects for 2025.’ According to Bloomberg data, the inflation data strengthened the market’s bet on another rate cut by the Fed. BTC rose nearly 5% on Wednesday, its biggest gain in two weeks, before giving back some of the gains. As of 8:52 am Singapore time on Thursday, the trading price was $100,665.

BTC-2.45%
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