Bitcoin ‘Mixed significantly here “where about 80 % of periodic prices are corrected-analyst
The future Bitcoin’s (BTC) market reflects a potential slowdown in prices several weeks after the correction. Data from Cryptoquant Shown The rate of benefit from the future contracts of BTC-Usdt in relation to open interest (OI) has decreased in half since its peak in early 2025.
Bitcoin estimated future contracts. Source: Cryptoquant
This important obsessive disposal has occurred due to huge qualifiers over the past few weeks, which has already produced most of the merchants outside the market. Consequently, the current market conditions indicate a healthier market reset, which has not increased temperature and can pave the way to recover fixed prices.
Open Bitcoin interest Decline 28 % of 71.8 billion dollars on December 18 to $ 51.8 billion on April 8. This confirms the size of the current event of the reduction. Although this may lead to short -term fluctuations, as a few players in the market may control the price, it also puts BTC to achieve stability in the long term, providing an advantage in the current underestimated direction.
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Analyst says that 70,000 bitcoin dollars is the worst scenario.
In the X, Sina, co -founder of the twenty -first capital, foot Update on the quantum Bitcoin model and said that “Bitcoin is greatly extracted here.”
Bitcoin quantity model. Source: x.com
The analyst explained that Bitcoin may have already completed 75-80 % of its correction, as it decreased from 109,000 dollars to $ 74,500. Historically, prices decreased by up to 34 % during a period of six to eight weeks of these trends. Currently, Bitcoin has decreased by 31 % of its highest level ever, another decrease to 72,000-70,000 dollars that would reach about 34 %. Sina added,
“In the absence of a recession, 70,000 dollars is the worst scenario. While the macro background is still bleak and more sales are possible, we believe that bitcoin is less than its value for a long -term investor.”
However, the possibility of immediate recovery is still low, as Bitcoin Axel Edler Junior. Expected BTC to move the side in the “fluctuation corridor”.
Bitcoin support and resistance level. Source: x.com
The Prick fluctuations corridor sets from 75,000 to 96,000 dollars, shown with the help of a short -term prices for different periods over different time periods.
Adler Junior said that BTC can combine these levels over the next few weeks, but warned that the price should occupy a higher position than the simple moving average for 365 days. The rest can lead to less the main indicator to the lowest new annual level less than the level of 74,500 dollars, with the ideal price is $ 70,000, as mentioned earlier.
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