2025 is shaping up to be another exciting and bullish year for the crypto markets, as Bitcoin has once again pushed above $102,000.
This achievement follows a highly positive first week of the year, during which BTC made a gain of more than 5%. Bitcoin’s total market cap is now hovering just below the $2 trillion mark, while the asset itself is pulling in 24-hour trading volumes of approximately $49.5 billion.
As investors and traders lock in and prepare their 2025 strategies, crypto self-custody wallets have become a hot topic. Best Wallet, one of the top-rated wallets on the market, has now raised $6.5 million through the ICO for its new ecosystem token $BEST, which could be a smart play ahead of the next bull run.
Bitcoin Breaks Into Six Figures Once Again
Bitcoin bears, who quickly declared the bull market over during BTC’s dip in December, have suddenly gone quiet as the leading cryptocurrency pumped beyond $102,000 yesterday.
As the chart analysis below demonstrates, a bullish double bottom was already all but confirmed on New Year’s Day:
At the time of writing, that double bottom has mostly played out as expected. Although a more textbook pattern would have seen a faster push towards $108,000, that level also happens to be Bitcoin’s all-time high.
Therefore, some extra resistance below $108,000 is a natural occurrence here. Some BTC holders will be looking to take some late profits, while whales try to suppress the price (and accumulate more Bitcoin while it’s below its all-time high). There will also be some bears left, making their last stand while shorting BTC to the best of their ability.
While all of this activity is occurring, and leading to some sideways chop for BTC, trading volumes have mostly remained at average levels. This indicates an overall lack of conviction and decisiveness – even though the bulls have indeed won out so far in 2025.
A lot of good tests there….. looks solid pic.twitter.com/aVQfGQkzhb
— Don’t follow Shardi B if you hate Money (@ShardiB2) January 6, 2025
Another bullish factor is the presence of an ascending triangle pattern, firmly established during the creation of the double bottom. This pattern has until April to fully play out, leaving a lot of white space to fill within a gradually narrowing (and rising) price range.
A breakdown through the triangle’s green support line would open up the $82,000 region as a bearish price target for shorts – which would also be a key spot where bulls take their chances and buy the dip.
Taking the bullish side again, a new all-time high break will force Bitcoin bulls to try and establish $108,000 as a new support level.
As we enter the next bull run, new tokens are those that experience the highest growth. For traders on the lookout for those opportunities, the Web3 Best Wallet has created some useful tools to spot high potential tokens.
Best Wallet Token ($BEST) ICO Passes $6.5M – Smart Play for the Bull Run?
The potential gains available to Bitcoin buyers are relatively limited in comparison to the profits that can be made from new tokens – especially those in their early ICO stages. One exciting presale project is the Best Wallet Token ($BEST) presale, which has now raised more than $6.5 million.
The non-custodial wallet market is worth $11 billion, and Best Wallet is on track to capture 40% of it by 2026. Through the Best Wallet ecosystem, users have 24/7 access to all of their cryptos through a smartphone app (for iOS and Android), and also benefit from staking, trading swaps through the Best DEX, iGaming, and the latest crypto presales.
One of its most interesting tools is the Upcoming Tokens feature. This highlights new coins with high potential, and several tokens like Pepe Unchained and Catslap have gone on to see massive growth after being listed in Best Wallet.
$BEST token holders get even more exclusive benefits, including airdrops and earlier access to top crypto presales than other users to new token tips, lower transaction fees, staking rewards, ecosystem governance votes. Naturally, long-term investors can also simply hold a bag of $BEST as part of their crypto portfolios.
At the time of writing, investors interested in capitalizing on this market through a leading product only have a limited time to secure $BEST tokens, which are currently priced at $0.0235.
As the presale continues, the price will gradually rise – and it’s expected to explode when $BEST gets listed on some DEX and CEX platforms following its official launch later this year.
Visit Best Wallet Token Presale
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