Bitcoin is currently trading about 96,000 dollars after a week of strong upscale procedures that have witnessed 97,900 dollars-the highest level since the sale of March. The price is now flourishing with a psychological barrier worth $ 100,000, a major landmark that can confirm the beginning of the new total Mars. However, global total economic tensions, with concerns about inflation, commercial conflicts, and the monetary emphasis that still weighs on investor morale.
Despite the uncertainty, optimism grows between long -term holders and market participants who expect outbreaks in the coming weeks. The best analysts in Ted Bidows shared an insightful comparison, indicating that Bitcoin currently reflects the last price of Gold: a deep accumulation stage followed by the outbreak of its highest levels ever. According to the pillows, Bitcoin entered the re-drawing phase after the peak of March 2024 and successfully erupted in Q4 2024-just as gold before reaching record levels.
Now, BTC seems to follow the same path, while building the investor confidence while tightening the supply and climbing the request. If this pattern continues, a continuous batch of more than $ 100,000 can enter into a new leg of the bull cycle, which increases the capital to the encryption market.
Bitcoin is close to a big test because it tracks the Gold’s Path track
Bitcoin again in a decisive moment, trading slightly lower than a sign up to $ 100,000. After weeks of fixed gains and a modern batch of more than $ 97,000, the bulls seem confident – but the market participants remain careful. A successful penetration of more than $ 100,000 will not only represent a large prominent sign, but also indicates the beginning of a new climbing Macro. However, continuous total economic tensions, including inflation, instability in global trade, and continuous recession concerns, are still highly weighing on the wider market.
The pillow shared convincing Outlook, noting that Bitcoin seems to be tracking the same path as the last gathering of Gold. According to his analysis, BTC underwent a classic accumulation in early 2024, similar to GOLD behavior before it reaches its highest levels ever. This was followed by the outbreak of and re -accumulation, and its peak reached another outbreak during Q4 2024. Since then, Bitcoin has entered a unification stage for months, turned within a specific scope and building the necessary force for its upcoming men.
The pillows believe that the penetration has already started and expects the highest new level ever putting in the second quarter of 2025. If this scenario is run, it is possible that Bitcoin will exceed $ 100,000 resistance and may open the door to a new wave of capital flows via the encryption market.
The BTC price is merged before the critical test
Bitcoin is traded at $ 96,500 after several days of narrow unification with a little less than a brand of $ 98,000. The last bullish momentum has slowed, but the bulls are still in control, as BTC maintains higher firmness than the main support levels in the short term. The $ 100,000 resistance is still the most important milestone on the horizon – which leads to confirmation of outbreaks and is likely to ignite the following leg from the upscale cycle.
However, the price procedure indicates that the market is awaiting a catalyst to break this range. The decisive step that exceeds 98 thousand dollars can specify the payment tone of about six numbers, while the continuous rejection near this level may lead to the erosion of momentum in the short term. If Bitcoin fails to keep the support zone of $ 95,000, it may lead to a correction in the 90,000 dollar low region, as the following main support lies at the level of 88,500 dollars-to the moving average for 200 days.
In general, the preparation remains a constructive, but bulls must prove force soon. With the uncertainty in the macroeconomic economy and global liquidity conditions, market participants closely monitor the signs of confirmation – or weakness – in the current Bitcoin structure. Until then, the 95,000 dollar range to $ 100,000 is still the battlefield.
Distinctive image from Dall-E, the tradingView graph
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