Bitcoin faces resistance but shows signs of a potential bull run, supported by Suze Orman's insights. Will BTC meet exec's exception?
has been facing challenges in breaking past the $60K barrier, despite a 1.21% gain in the last 24 hours, with its price at $55,224 at press time, according toDespite these struggles, renowned financial advisor and host of the “Women & Money” podcast Suze Orman recently emphasized the importance of owning Bitcoin.“Everybody should absolutely have exposure to bitcoin. But in case I’m wrong — and I’ve been wrong — you gotta be OK with losing that money.
One key indicator is the widening Bollinger Bands, which signals increased volatility that could drive the price higher. Although Bitcoin was resting near the lower band at press time, suggesting a bearish trend, a similar pattern was observed a month ago before BTC surged to $65K, hinting at a potential repeat., founder of Bitgrow Lab, has drawn parallels between Bitcoin’s price patterns from 2014-2017 and the current trend from 2022-2025.He believed that these historical patterns indicate Bitcoin is poised for an upcoming bull run.
Additionally, AMBCrypto’s analysis of IntoTheBlock data on market sentiment showed that bulls have dominated with 13 bullish signals compared to 12 bearish ones, indicating a bullish trend overall. Hence, If Bitcoin can break through the resistance level at $59,993, it could signal the start of a bull run.Ishika is a graduate of Political Science from the University of Delhi. From writing content as a hobby to now pursuing it as a professional career, she has been living and breathing content all her life. Her interests lie in making sure articles are very digestible to a common reader, despite all its technicalities and jargons.Subscribe to get it daily in your inbox.
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