Bitcoin Bull and Tranard Resport that gets a hint at Rally to the highest level in BTC prices

Main meals:

• Traders expect a decrease in bitcoin to 90,000 dollars, but the bull mark can lead to high levels of heights if profits drop near the highest levels.

• The data indicates that the current profit is very weak to put out the current bitcoin momentum.

Bitcoin (BTC) spent the largest part of the week hanging less than $ 104,000 to $ 105,000, which many analysts described as a resistance area, but an alternative view indicates that BTC is simply combined into the bull mark.

The bull science is a continuing pattern characterized by a period of side procedure after a sharp upward trend, and when the structure is confirmed or separated from the resistance of the direction line, the upward trend continues.

While it is said that the trading part associated with a group of science represents the frequency of buyers and sellers, in this scenario, the absence of the purchase is the main perpetrator. As shown in Tradr.io The graph below, Bitcoin’s explosive transition to $ 105,900 from $ 74,400 was accompanied by large qualifiers in the margin markets and strong spot sizes, which are in line with several days of BTC ETF Spot flows.

During a three -week period, many US -based international companies have announced plans to buy Bitcoin and create BTC bonds. The spot and futures in the cumulative size Delta, along with the scale of open interest in the plans, shows the sale traders near the highest levels, the absence of new long leverage and topical positions of large size that are opened in this region, while the drops to the low range (bull science support) sees offers full of immediate side, but there is still a limited use of the long and long.

The last Bitcoin stage is a normal result after the 40 % recovery that started on April 8, and the upsurgels resulting from profit in future contracts markets are also expected to be lost near the current range.

Bitcoin data in the short term supports profit and loss from Glassnode this offer, as shown in the graph below. Onchain data has highlighted the profits for the short -term traders, but it has made it clear that it does not exceed the statistical base, leaving room for further prices.

Recently, the STH profit size has increased to standard deviations approximately +3 above average 90 days, which reflects a noticeable increase in the profit. With appreciation.

Related to: BitFinex Bitcoin Longs Total 6.8 billion dollars while short pants are at $ 25 million – BTC time for gathering?

Bitcoin must test the basic support before moving up

With the absorption of the largest part of the Beetcoin’s liquidity during the transition to 105,000 dollars, some analysts warn that there are short tests to test $ 100,000 to 90,000 dollars, where support can be the next step for the BTC price.

Liquidity resources indicators in the Bitcoin market He saidWith the exception of a “dangerous catalyst”, ” […] BTC has a legal support test at $ 100,000, and Firecarts shows that the request book commensurate with this with the requirement of stacking and the transfer of bids. ”

Share his point of view with X followers, analyst Daan Crypto Trades He said The largest part of the upscale and warm novels with the ability to influence Bitcoin prices have been “cleared”, and pointed out that the price of BTC has stopped near its highest level ever, while the shares continued to gather after the confirmation of President Trump’s deal in the United States between the United States.

The analyst said that “$ 90,000 is still a long -term line in the sand for immediate exposure,” adding that he is “optimistic about” at a price exceeding 90,000 dollars, but this depends on how to perform stock markets in the United States in the short term.

“I will not be surprised by seeing a short -term flow whether the shares will start and make a higher decrease somewhere. Given that most shares moved from 30 % to 50 % in one month, this will not be crazy as well.”

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.