Bitcoin Nears Crucial 2024 Resistance Level: What Lies Ahead for BTC?

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

BTC-2.539%

Source: Coinmarketcap

Updated: Nov 17 2025

Bitcoin's Current Position: Bitcoin is nearing a critical resistance level of $93,752, which previously acted as support in 2024, with its current price around $93,287.13.
Potential Bullish Scenario: A successful breakout above this resistance could lead to significant price increases, with projections suggesting BTC could reach between $175,000 and $250,000 by the end of 2025.
Market Sentiment and Risks: Despite the bullish outlook, there are concerns about a potential pullback to $50,000, driven by bearish sentiments and market volatility.
Importance of Technical Indicators: The outcome of Bitcoin's price movement is crucial for investors, as it hinges on key technical indicators and market momentum, with traders closely monitoring the situation.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Bitcoin Nears Crucial 2024 Resistance Level: What Lies Ahead for BTC?

About the author

Top News

Oil Firms Cautious on Venezuela Investment Push

GM Reports $7.1 Billion Charge Amid EV Shift

Stock Market Wraps 2025 with Double-Digit Gains

Novo Nordisk's Weight-Loss Pill Approval: Key Impacts

Related Articles

Silicom Projects Q1 2026 Revenue Growth Amid Positive Earnings

Arrow Financial Increases Quarterly Dividend by 3.4%

People Also Watch