Bitcoin needs a 6.24% rally to end 2025 in positive territory, according to Nic Puckrin from a crypto analytics firm. Currently trading in the mid-to-high $80,000s, Bitcoin is down 30% from its October peak and remains below the 365-day moving average.
Analysts are closely monitoring the Federal Reserve's policy and Bitcoin's correlation with gold as potential influences on the market. Additionally, altcoins may gain traction if a broader market rally occurs, providing opportunities for investors.
Bitcoin Requires 6.24% Rally to Close 2025 Positively, Analyst Says
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
