The crypto market is cautious, with traders selling rallies rather than chasing them, and Bitcoin now trades near $74,800, down about 10% over the past month. A Motley Fool analysis published on Yahoo Finance by Dominic Basulto argues Bitcoin will likely stay below $150,000 through the end of the decade, relying on JPMorgan Asset Management’s math, which assumes roughly 17% yearly growth while warning of extreme volatility. The nearest strong support sits near $73,500, with resistance around $84,400; a clean break below support could open a path toward $70,000, while reclaiming $84,400 would be the first sign buyers are back in control. Bitcoin has lost about 40% over the past year, prompting Strategy’s Michael Saylor to hint that a return to six figures may prove difficult. The article also spotlights MEMASA, an upcoming AI crypto trading app powered by the MEMASA utility token, currently offered in an on-chain early sale at $0.0155.
Source: Read the original article
