Bitcoin collects in danger? BTC may decrease to $ 74,000, even with long -standing whales loading
After several days of fluctuations due to the decrease in the public market, Bitcoin In the end, he sees the momentum of the upward trend. To date, the main assets have regained the axial price level of $ 105,000 and targets the highest levels. While BTC regains traction, some developments may cause a noticeable decline in the coming weeks.
A possible decrease in the price of bitcoin amid whale optimism
Alphraractal, which is the advanced data analysis platform and the investment platform specific A development can lead to a decline in Bitcoin in the short term. The platform claims that the BTC price momentum faces a potential decline to the level of $ 74,000, even as investors in the whale continue to their long sites.
This prediction by Alphractor shows that short -term price declines are a possibility in light An increase in accumulation By the high net investors. As the encryption assets gradually move up, this expectation raises concerns about whether BTC can maintain its renewed direction.
Nowadays, bitcoin price increased and returned higher than $ 105,000. to examine Whale At this stage using the whale opposite. The retail rate, Alphractor, revealed that senior investors are interested in long jobs of retailers.
The high interest of whales in long situations indicates an increase in optimism and confidence in the performance of BTC prices in the long run. Moreover, it indicates that adult investors benefit from the recent declines while retail investors seem more cautious and less exposed to the useful revolutions.
One of the important aspects of Alphractor Alphractal that must be monitored in the scale is the large gap with the low trading volume in Bitcoin between $ 74,000 and $ 86,000. At the same time, the platform expects withdrawal To this range in the coming weeks if the current price recovery fails to keep it fails. At this stage, the original will seek to unify and form liquidity.
The last upward trend to continue at the highest new level ever?
With the price recovery, the main question is whether BTC can keep the last upward trafficking or if there is a strong correction. However, after evaluating the current price procedures, MAGS, technical analyst and merchant High BTC can be on its way to the highest new level soon, indicating a continuation of its direction.
And its expectations come after the stage of unification, and allowing BTC To mobilize enough force to break. In the aftermath of the last monotheism, the expert claims that the prices seem ready for another leg.
MAGS believes that the last Bitcoin momentum will continue due to the outbreak of a huge cup and graphic style handle. According to the expert, the upscale collapse will lead to a leg of $ 125,000, which is the target price of the graph style.
Titan of Crypto also Expected Step for BTC towards $ 125,000 in the short term. The market analyst predicted after referring to an imminent head Monthly timeline. With the presence of many major indicators that indicate an upward step, a new height is more likely to occur soon.
Distinctive image from Unsplash, Chart from TradingView.com