Bitcoin tries to create a short -term trend after successfully retaining a level of $ 90,000, but is struggling to restore a brand of $ 100,000. The price continues to trade in a narrow range, and it fluctuates between 94 thousand dollars and 100 thousand dollars, which creates uncertainty among investors. Although Bitcoin’s long -term expectations remain optimistic because they maintain more than critical demand levels, short -term price procedures have not provided a clear direction.
Speculation is escalating, as analysts indicate that the current period of monotheism is calm before the storm. Many believe that collapse is inevitable, but the question remains whether Bitcoin will push to the highest levels ever or face a deeper correction before resuming its upward direction.
The main data from Cryptoquant reveals that small addresses have slowed their accumulation, indicating a cautious position on retail investors. Retail accumulation usually increases during Taurus markets, but this does not happen now, which indicates a frequency among smaller investors. Meanwhile, institutional and whale activity may lead the market, indicating that the next step can be dictated by larger players.
Bitcoin merge – is a big step coming?
Bitcoin was in a quiet monotheism less than a sign of $ 100,000, creating a boring but tense market environment. The price procedure remains linked in the range, fluctuates between 94 thousand dollars and 100 thousand dollars, with no decisive step in either direction. Analysts and merchants predict the next big step, but the uncertainty dominates. Most investors expect an aggressive outbreak, but opinions are divided over whether Bitcoin will push their highest levels ever or face lower sales at low demand levels before resuming their upward direction.
Share Cryptoquant Axel Adler The main market analysis on XAnd revealed that the slow accumulation of small addresses reflects a cautious position on retailers. Historically, retailers tend to increase their accumulation during Taurus markets, and expect more price gains. However, this trend is currently absent, indicating that young investors lack confidence in the short -term price of Bitcoin.
This shift in feelings indirectly indicates that investors and large institutions are the main forces behind the current market movements of Bitcoin. Whales continue to accumulate while retail investors are echoes, creating an imbalance in the market that may lead to explosive prices as soon as the return on confidence.
BTC testing decisive liquidity levels
Bitcoin is trading at a price of $ 98,600 after days of side trading, starting between the level of support 94 thousand dollars and the psychological barrier with a value of $ 100,000. This monotheism continued for two weeks, keeping investors on the brink of the abyss while they were waiting for a decisive step. Historically, these long periods of narrow trading tend to lead to aggression, which makes the next few trading sessions a very important.
If BTC is able to break the highest level of $ 100,000 and keep it as support, then the next goal will be the increase in the range of about 109 thousand dollars. The collapse above this level may push bitcoin to the discovery of prices, which leads to the renewal of renewable bullish momentum. However, if the BTC fails to restore the mark of $ 100,000 and face rejection, it is likely to be re -tested of low support levels. Lower of $ 94,000 can increase pressure, which makes Bitcoin closer to the 90,000 -dollar demand area.
Market morale is still mixed, as retailers show caution while large investors accumulate. Constant monotheism indicates that Bitcoin accumulates a big step, and that traders are closely watching for a certain collapse or collapse. The coming days will be decisive in determining whether BTC resumes its upward direction or faces a deeper correction.
Distinctive image from Dall-E, the tradingView graph
