Main notes
- Bitcoin is trading at $ 84,000, a decrease of 23 % of its peak in January 2025.
- Ki Young JU expects a long monotheism, not a big crash.
- Analyst Merlijn believes that BTC is less than its value and can rise to $ 250,000.
Bitcoin
BTC
83 $ 835
24 hours fluctuation:
0.3 %
The maximum market:
$ 1.66
Folder. 24h:
9.23 dollars b
currently About $ 84,000 tradingAbout 23 % lower than its highest level ever at $ 109,114, which was achieved in January 2025. This correction has fueled speculation that the encryption market may slip into the bear stage. However, experienced analysts pointed to standards on the series that indicate otherwise.
Hepbody's feelings have recently gained traction when the CEO of Cryptoquant Ki Young JU claimed that the Bitcoin Bull may end. He expected from 6 to 12 months of sides or declining work, indicating that there is no new liquidity and the increase in the sale of whales.
However, at the last Share X, JU explained that he did not expect a great crash but rather an extended period of unification.
According to the founder of Cryptoquant, new liquidity channels and low infection risk make a decrease of -70 % unlikely. Instead, a large -scale side movement expects both the chances of default and purchase.
Joe has also argued that many retailers invest investment funds in Bitcoin, which are not reflected directly on the scales on the chain.
It is said that about 80 % of instant ETF flows depend on retail sale. JU suggested that once the macroeconomic conditions, such as interest rate discounts improve, new liquidity can lead to a new purchase.
Bitcoin is less than its value
MERLIGN Popular Crypto has a more upward look. He recently stated that Bitcoin is greatly erected in its value.
According to him, based on previous sessions, BTC should be traded about $ 250,000 at this stage. This means that the largest price increase can be at the forefront.
In a separate X Publication, Merlijn pointed out that BTC recently wore the SISESESRISER for 50 weeks with an ideal upscale cross on the RAM. Historically, these patterns led to equivalent price movements.
On the daily BTC price scheme, Bitcoin is traded near Bollinger Band Middle (20 days SMA) about $ 85,061, indicating a stage of monotheism. The upper and lower domains expand slightly, which may increase the volatility.
A break above 92155 dollars (upper domain) can indicate an upward outbreak.
Meanwhile, the 24 -day relative index is 45.6 days, indicating neutral momentum but about the excessive region. An additional decrease in RSI can indicate the opportunity to buy.
Despite the long -term optimism, analysts expect a possible decline in the short term. Technical analyst Axel Kibar recently warned of the decrease in the BTC price to $ 73,700, which is a major support level.
I suggested that Bitcoin's reaction to this level will be it is very important in determining its path for the next few months.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.
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