Bitcoin (BTC), Price Prediction News: Bitcoin price continues its rally since January 2023. Bitcoin price is currently on an upward trajectory. Despite the recent BTC rally, the top cryptocurrency is now at the highest level in more than six months. However, sell orders are beginning to accumulate on major exchanges such as Binance. The Bitcoin daily trading volume has increased by 25% in the last 24hrs, indicating a renewed trend within the crypto market. The crypto community is expressing optimism about the possibility of Bitcoin reaching a significantly higher level.
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The latest rally was triggered by traders placing sell orders at $25,000, which is also considered a strong resistance area. BTC has already reached a high point of $24,769, which could limit any upside potential for Bitcoin price prediction after that range. The rally could also hit a snag as both Binance and Coinbase have received sell orders.

Popular crypto influencers predict a correction in Bitcoin’s $24.9K-$25K range. Plan B, another influential crypto influencer, wonders if the cryptocurrency will undergo a major shift in the next few weeks. He referred to BTC’s remarkable jump from its current range to over $40,000 in just two weeks and asked if the same could be repeated.
“Bitcoin can pump between $24k and $42k in just 14 days (example: Dec 25, 2020 to Jan 8,2021).
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According to CoinGape price tracker, the BTC price is at $24,414, an increase of 7.35% over the previous 24 hours.
Also read: Dogecoin News – Whales Make Billions in DOGE Following Elon Musk’s Tweet, Is $0.1 Next

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