gtag('config', 'G-0PFHD683JR');
Price Prediction

Bitcoin remains more than 105 thousand dollars; Hayes expected that fears of “high temperature”

Bitcoin remains more than 105 thousand dollars; Hayes expected fears

Bitcoin (BTC) maintained its location over the $ 105,000 sign with the start of the Asian Business Week, indicating relative stability during the weekend with minimal price movement and compressed trading volumes.

Although the broader market morale is still optimistic, a new report from the Series Analysis Company indicates that some of the standards indicate that the Bitcoin market may be “feverish”, which may indicate a stage of unification in the short term.

The largest digital assets in the world offered a quiet weekend, with price fluctuations limited to about 0.4 %.

However, under this superficial stability, Cryptoquant’s analysis indicates some basic pressure.

The report reveals that the demand for bitcoin has increased significantly, reaching 229,000 BTC over the past thirty days.

This number is quickly approaching the peak peak in December 2024 of 279,000 BTC.

At the same time, the balances that the whales – the large bitcoin holders – increased by 2.8 percent.

Historically, this pace of accumulation by whales often can indicate the slowdown of their purchase activity, and may precede the market.

These indicators, combined, indicate that the current gathering, which recently pushed bitcoin to a record level of $ 112,000, may approach the peak of short -term.

The Cryptoquant report determines $ 120,000 as the next main resistance level for Bitcoin.

This level is linked to the upper range of the price of traders investigating the series, a measure that indicates a point where the unreasonable profits of traders reached 40 percent-a threshold coinciding with the local market peaks.

Despite these warning signals, the “bull degree index” in Cryptoquant is still strong at 80, indicating the continuation of the underlying bullish momentum.

However, a mixture of increasing profit margins for their holders and growth growth on peak indicates that traders may face a period of unification of prices before Bitcoin begins its upcoming upward movement.

Arthur Hayes’s bold prediction: $ 250,000 bitcoin by the end of the year?

In addition to a very reverse point to be careful in the short term, Arthur Hayes, co -founder of Bitcoin and Bitmex founder, expected a dramatic increase in the Bitcoin price.

Hayes predicts that bitcoin will double more than twice as much as the next six months, which may reach amazing $ 250,000.

He attributes this optimistic view to the expected shift in US President Donald Trump’s financial policies, and to move away from the customs tariff in the market towards more motivational measures.

“The mid -term elections in the United States,” Hayes told Decrypt during an interview at the Bitcoin 2025 conference in Las Vegas.

While the Trump administration has gone greatly on the customs tariff and was dealing with market pain during the past three months, this narration should turn.

Hayes, known for his bold expectations in the market, argued that instead of pursuing commercial policies that can reduce economic growth and affect the ability to bear the costs of American consumers, the president will need to prove that he “bringing good things to the population.”

This, as Hayes believes, it will be very important to enhance the republican prospects in the ballot box in the mid -term elections.

This mechanism, according to Hayes, will involve a more absorbing financial position.

“They will accelerate the printing of money,” Hayes said, referring to the Federal Reserve – the independent US government agency responsible for managing the money of the country.

Such a scenario, which includes increasing liquidity, is often seen by encryption supporters as very optimistic about the origins as bitcoin, which is seen as hedges against the currency.

Post -bitcoin remains more than 105 thousand dollars. Hayes expected that “high temperature”

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button