Bitcoin (BTC) needs to restore these price levels to ignite the coming of the bull (analyst)

TL; D

• Bitcoin faces resistance before my potential continues.
• One of the popular analysts, a master’s degree, highlighted 200 days and a master’s degree in the orbit of 50 days, as critical reflection points.

Can bulls regain control?

Bitcoin (BTC) is newly about the city at the beginning of the year when its price reached the highest new level ever, which is approximately $ 110,000. this It happened in mid -January, however since then, The origin was in the fall. currentlyBTC is trading of about $ 86,500, which represents a 6 % decrease on a monthly scale.

According to some analystsNeverthelessThe bull cycle may start with the maximum speed again below important conditions.

X user Ali Martinez recently Claim BTC faces the 200 -day moving average (MA) at 86,200 dollars and 50 days at $ 88,300 as “main resistance”. He assumed the outbreak of these levels. “It might turn batch Return to the bulls. “Although Bitcoin is higher than the first goal, it still needs to close the north.

Also, Gert Van Lagin has entered into, Saying More than 115,000 his followers on X that BTC “continues its emerging market after the reversal of the neck line” for its four -year -old head and shoulders (H&S). He believes that the price can rise to a new ATH by $ 300,000 in the following months, but a weekly closure is less than $ 74,400 may nullify the potential gathering.

For their part, Cryptowzrd Propagate The “successful bullish penetration” of a resistance area of ​​$ 85,000 It must be followed By an increase of up to 91500 dollars. On the other hand, rejection can lead to a collapse of $ 78,200 and even less.

Other expectations

Another well -known participant in this field, which recently touched on the matter is the co -founder of Bitmex, Arthur Hayes. he He thinks The US Federal Reserve will eventually resume monetary policy for quantitative mitigation (QE) due to the escalation of political and economic pressure. In his opinion, this liquidity injection will be renewed Boom price is higher.

Politics is usually It occurs when interest rates are low and include buying government bonds or other financial assets to stimulate economic activity. While the Federal Reserve kept the standard unchanged after the previous FOMC meeting, there Power It can implement a reduction in the June Rally.

Meanwhile, those wishing to explore additional factors indicate that BTC may have a successful Q2 Take Look at our dedicated article here.