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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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These are Concerning Levels for Bitcoin: Analyst Gives Price Target Until June! - Coin Bulletin
Copper.co Research Director Fadi Aboualfa has revealed concerning price levels for Bitcoin.
After rising to as high as $109,000 recently, Bitcoin fell below $93,000 and is fluctuating between these levels. While price predictions are frequently discussed in the cryptocurrency market, digital asset custody company Copper.co has taken a different approach.
The company examined potential Bitcoin price scenarios by combining technical indicators such as (Relative Strength Index), past returns, volatility clustering, and daily price movements.
Copper.co Research Director Fadi Aboualfa emphasized that the purpose of their analysis is not to determine a definite peak for Bitcoin, but to identify price levels that investors can consider as excessively inflated.
According to the models, the "worrying levels" for Bitcoin could be between $140,000 and $200,000 during 2025. Especially, simulations based on the calmer volatility profile of last year with high accuracy up to 91% indicated that the level of $165,000 could be tested in June.
The report stated that the decreasing 30-day volatility of Bitcoin is generally an overlooked factor, and that low volatility enables the price to rise more steadily and balanced.
In addition, simulations suggest that price declines will be short-term.
However, the report warned that external factors could change these predictions. "If Bitcoin reaches these upper limit levels and the next day announces a strategic reserve by the US, would you open a short position? Not very likely" The market's potential reaction to sudden developments was reminded with these statements.