Bitcoin to reach $350K by 2025? Trump's Support and Market Trends Point to an Increase

The price trend of Bitcoin has long attracted investors and analysts. As 2025 approaches, there are increasing speculations about the potential to reach $350,000 for this digital currency. This bold prediction by Robert Kiyosaki, author of Rich Dad Poor Dad, has garnered attention, especially with the endorsement of Bitcoin by former President Donald Trump. However, the prospects depend on key factors, including support and resistance levels as well as trading volume trends.

Price trends and importance levels Bitcoin is currently priced at $100,750, reflecting a 4% decrease on the day. Despite this decline, the overall trend suggests a potential recovery. The recent resistance level at $106.5 thousand marks an important level to watch. Breaking through this level may signal a reversal of the price increase, pushing the price higher. On the other hand, Bitcoin has found soft support near $101K, where buying activity is evident. If this level does not hold, the price could drop below the psychological level of $100K. Keeping a close eye on these levels will be crucial for traders navigating the short-term market context. Volume and Market Activity Bitcoin’s trading volume has increased by 7.74 percent over the past 24 hours, reaching $74.59 billion. While this increase reflects strong market participation, falling prices indicate significant selling pressure, which may limit the bullish momentum. However, the increasing activity indicates the potential for price stability, signaling that the market is preparing for a recovery. Looking Ahead: Bitcoin in 2025 Bitcoin price predictions for 2025 show promise. Analysts at Changelly bog predict a minimum price of around $101,204, with the potential to reach $110,211. The average trading price of Bitcoin in 2025 is expected to fluctuate around $119,218. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)