Crypto Strategist Unveils Big Bitcoin Price Target for 2025, Predicts US Dollar Collapse Along the Way
Bitcoin (BTC) Ready to Soar to New Heights Kaleo believes that Bitcoin has completed a massive cup and handle pattern, which is a bullish technical formation that signals a potential uptrend. He also points out that Bitcoin has broken out from a multi-year descending trend line, which adds further strength to the bullish case. With these technical indicators in place, Kaleo is confident that Bitcoin will continue to climb and reach new all-time highs in the coming years. This sentiment is shared by many other analysts and investors in the crypto space, with the hashtag #BTCreadytosoar gaining traction on social media. The Impact of Institutional Adoption Along with technical indicators, Kaleo also highlights the increasing institutional adoption of Bitcoin as a major driving force behind its future price growth. Major companies and financial institutions such as Tesla, Square, and MicroStrategy have all invested in Bitcoin, signaling a shift towards mainstream acceptance of the ...