Bitcoin’s price continues to dominate the conversation. The cryptocurrency recently peaked above $91,000, leaving many wondering: what’s next?
In his latest video, well-known crypto investor Didi Taihuttu shares his perspective on this development, along with several charts indicating crucial resistance levels. He remains cautious: “I’m still seventy percent bearish and thirty percent bullish at the moment,” he says. Nevertheless, he sees opportunities, provided certain levels are broken.
Crypto Adoption Accelerates – Texas and France Make Moves #
Beyond price analysis, he also shares remarkable news from the crypto world. The U.S. state of Texas is the first to officially add Bitcoin to its strategic reserves. The move involves a $10 million investment. He believes this could become a trend:
“If all fifty U.S. states take such a step, and countries worldwide follow, we’re truly talking about a digital gold rush.”
He suspects that countries like France and Switzerland are also devising plans.
Additionally, the French city of Toulouse now accepts Bitcoin as payment for metro tickets. Switzerland previously experimented with this. This shows that governments can also accumulate Bitcoin through payments instead of market purchases. This could make it possible for citizens to pay their taxes in Bitcoin in the future—a scenario that seems increasingly realistic.
Technical Analysis: Battle for Resistance Levels #
The charts show that Bitcoin is now battling strong resistance around the $92,500 level. A decisive breakout could open the path to $102,000 or even $160,000, a rise of over seventy percent. But if the price falls back below $84,000, he expects a correction towards seventy thousand or even forty thousand dollars.
Although his long-term position remains firm, his short-term strategy depends on market movements. His plan: continue DCA-ing (dollar-cost averaging) at income moments, with separate strategies for his hodl and trading portfolios. The message:
“Be prepared for both a significant rise and a sharp correction.”
Finally, an inspiring message: every day offers one thousand four hundred and forty minutes to change your life.
“Don’t let yourself be held back by ‘yes, but…’, because you control your own life—just like in a video game,” he concluded.