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Bitcoin

135 thousand dollars on the horizon? The analyst says that the upper bitcoin direction is still sound

Bitcoin (BTC) again recovered the level of $ 85,000, the eighth time this week that touched this comfort zone according to Coingecko.

But do not be deceived by side slumber. According to Market Watcher Titan of Crypto, the Bitcoin Bullish structure is still healthy, with the goal of Fibonacci’s headquarters, which is $ 135,000 is still playing for 2025.

The prophecy of 135 thousand dollars

The analyst insists that even if BTC returns to the main support, Megatrend is still optimistic. “The road to its highest level is still open”, ” to publish. A bold prediction? Bitcoin looks for the first time to 107,000 dollars, followed by the launch to $ 135,000, with or without a short -term correction.

In another publication, he highlighted that the cryptocurrency was “advanced within the loudspeakers style”, which is an expanded formation with at least two of its highest levels and two of its lowest levels, indicating an increase in volatility and possible direction repercussions.

In its estimation, if the date is repeated, BTC may rise to $ 186,500, which reflects historical trends as the MEGAPHONE formations in the encrypted currency have preceded large price movements, such as the peak of 2017 near $ 20,000 followed by a correction.

However, there is hunting. According to traders, Bitcoin is still related Below the Ichimoku Kumo cloud, a stubborn resistance area that crowned upward momentum. In addition to tension, the weekend on Easter from the market is expected to fluctuate, which increases the risk of irregular price fluctuations in encryption.

Over the past 24 hours, BTC fluctuates between $ 84366 and $ 85,398, reflecting a market that has been caught between accumulation and exhaustion. Zoom, the performance of seven days appears a slight increase of 2.1 %, which was still good enough to excel the wider encryption market, a decrease of 0.8 % in the same period.

Whale

Meanwhile, while retail traders see side procedures in frustration, whales and sharks are in a frenzy state Reporting This portfolio, which includes between 10 and 10,000 BTC, is now controlling a record number 67.77 % of asset supplies.

Since March 22, these deep investors have risen more than 53,600 BTC, at a value of more than $ 4.5 billion, with another step worth $ 250 million, just hours before Bitcoin penetrated $ 85,000, which caused speculation for an incoming supply pressure.

Adding fuel to the fire, the Kyle Chasse investor indicated a $ 106.7 trillion in central banks, indicating that it can push Bitcoin to excessive. Bitcoin is the following, it is DeclareThe number one cryptocurrency is framing as a hedge against Fiat.

The origin is now at a pivotal intersection. Ingredients for the whole gathering: the accumulation of whales, upscale technology, and potential liquidity boom. However, the $ 85,000 resistance refuses to break it.

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