Bitcoin’s Wild Ride: Could It Break $104K and Leave Us All Speechless?

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Well, well, well, look who decided to make a comeback! Bitcoin (BTC) recently saw a glorious rise, touching a high of $96,000, giving the bulls something to cheer about as April wrapped up. But hold your horses, folks – while it cracked some key resistance levels, it still hasn’t quite hit that magical peak we’re all waiting for. But don’t worry, it’s got plans. Maybe. Crypto wizard Rekt Capital has been busy cooking up a potential trajectory that could set Bitcoin on a tear to new heights. Fingers crossed! 🙏

From $93,500 To $104,500 – The Crucial Levels We All Should Be Watching in 2025

So, here’s the lowdown. Rekt Capital, the guy with a crystal ball (or maybe just a really good chart), dropped some wild predictions after Bitcoin’s recent surge. He claims Bitcoin’s little April rally helped it bounce back from its sad, sideways slump, and now, it’s ready to rumble again. The only problem? BTC’s currently staring down a nasty resistance at $99,000, and if history is any guide, we might be in for a little déjà vu. Anyone remember that massive 80% surge in October 2024? Oh, that’s right, that happened. 💸

Now, Rekt Capital isn’t shy about history repeating itself. He says that, just like in the fall of 2024, Bitcoin will hit that $99,000 wall, get rejected like a bad date, and then plummet to $93,500. Ouch. But wait, don’t go canceling your plans just yet! If the bulls can manage to hold on to that $93,500 support level, we could see another glorious rally to break through the $97,000-$99,000 resistance zone. The real fun begins when Bitcoin pushes past $104,500 and maybe, just maybe, hits a fresh all-time high. We’ll have to see if it’s as dramatic as a soap opera. 📉📈

BTC Price Overview

Right now, Bitcoin is trading at a cool $96,500, down by 0.25% in the last 24 hours (we’re not crying, you’re crying). But, despite that minor dip, it’s cruising in bullish territory, with gains of 1.84% and 15.55% over the past week and month, respectively. Not too shabby, right?

And if you’re a fan of numbers (and who isn’t?), here’s something to get excited about: the Bitcoin Bull Index Score is now at 80, the highest it’s been since January 30. That’s right – the bulls are back in town! According to Rekt Capital, the next major resistances for Bitcoin lie at $99,000 and $104,500, with the all-important support hanging around $93,500. All this points to one thing: Bitcoin might be ready to launch into uncharted territory. But, of course, a few macroeconomic hiccups could throw a wrench in the works. Stay tuned! 📊

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2025-05-04 02:14