Bitcoin is poised for a big rally, with indicators pointing towards higher prices.

From Nasdaq Corporation

February 21, 2025 12:44:00 pm:

Bitcoin has reached the $100K mark, triggering the Livermore Round Number Rule. Jesse Livermore’s trading strategies, outlined in the “Reminisces of a Stock Operator,” highlighted the significance of round numbers in trading. Bitcoin’s resistance at $100K may soon break, leading to higher prices as per Livermore’s rule.

Bitcoin’s historical seasonality patterns, analyzed by Jeffrey Hirsch, indicate a bullish period ahead for the digital asset. With over a decade of data available, Bitcoin is entering a seasonality sweet spot, potentially leading to positive price movements in the market.

The SEC has dropped its enforcement case against Coinbase, signaling a shift in favor of crypto. Coinbase’s victory highlights the importance of regulatory clarity in the crypto industry, which can attract new capital and lower fees for consumers, ultimately benefiting the economy.

US political figures are considering the establishment of a Bitcoin strategic reserve to bolster the country’s balance sheet. Senator Cynthia Lummis and Trump’s “Crypto Czar,” David Sacks, are exploring the feasibility of creating a reserve to enhance economic freedom and store additional value for America.

Bitcoin accessibility has increased through ETFs like IBIT, while companies like Semler Scientific, MicroStrategy, and Rumble are adding Bitcoin to their balance sheets. This trend indicates growing adoption and integration of Bitcoin into traditional financial systems, expanding its reach among investors.

Read more at Nasdaq: Is Bitcoin Set for a Big Rally? $100K Breakout, Coinbase Win Say Yes