Technicity

Technicity

This Data Suggests Bitcoin May be on The Verge of a Massive Breakout

With Bitcoin’s Choppiness Index at extreme levels and volatility at record lows, a major price breakout is imminent

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Faisal Khan
Feb 18, 2025
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Image Credit: Microsoft Co-Pilot

According to a recent report by global investment firm Bernstein, Bitcoin's bull run is only beginning as institutional investors continue injecting capital into the market. Despite recent price consolidation, analysts see Bitcoin (BTC) emerging as a rival to gold, with increasing adoption from banks, corporations, and sovereign wealth funds. The firm upholds its bullish forecast of $200,000 per BTC by the end of 2025, driven by sustained inflows into spot Bitcoin ETFs and a shift in U.S. crypto regulations under the Trump administration.

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