Double top or 150 thousand dollars, what’s the next?

Bitcoin is currently trading about 105,500 dollars, an increase of 1.1 % modest in 24 hours, after a volatile week that saw prices swing between $ 100,400 and 106,500 dollars.

Although short -term price movement appears calm, as Cryptocurrency has been secured in a 24 -hour narrow range from 103,500 dollars to $ 105,800, basic signals indicate seismic moves forward. With the origin of the original now by 6.2 % of its highest level ever, the encryption community is divided: higher or take -off?

Double Top Déjà Vu?

The continuous adequate analyst moved to X to X on June 7, drawing a chart comparison Between the current Bitcoin structure and the dual summit 2021 is notorious.

“Bitcoin’s work began to look familiar,” they wrote. “As in 2021, we see a dual potential formation.

This question ignited the discussion throughout society. Professional trade investor does not buy a decreased narration. “Don’t be mistaken in this decline. I think they are buying opportunities … All signs indicate a strong continuation of its highest levels ever,” they stressed, citing strong standards on the series.

Support this upscale issue, Grace Chen of Bitget He says The macro image is played directly in the hands of Bitcoin. The last suggestion to reduce the Trump rate by 1 % and more than $ 500 billion in the expected US Treasury Department’s report by hinting Q4 in liquidity tsunami.

“At the global level, cash dilution is no longer a matter if, but when,” I noticed, BTC described the final hedge in a world skeptical of increasingly stability Fiat. “Bitcoin has been built for these transformations.”

Market Observer Axel Adler JR. Also, the 30 -day fluctuations are now “very compressed”, a preparation that can be the basis for the large market swing.

Meanwhile, institutional purchase continues to imprison the offer. Swan Seo Bin Wrikman Indicate The allocations, instead of merchants, lead this course, and accumulate BTC without the intention.

“62 % of Bitcoin has not moved more than a year,” Swan noted, indicating that historical stillness precedes boot, as was the case in 2016 and 2020.

The next resistance?

However, not everyone is convinced that the pump is close. According to Glassnode, at this time, the basis of the cost of a pregnant woman in the short term sits slightly higher 97,000 dollarsWith decisive thresholds at 83,200 dollars and 114,800 dollars.

Blockchain Analysis Company predicts that a break less than $ 100,000 can ignite another liquidation chain, especially after Friday 988 million dollars in the long qualifiers that resulted in the general TIFF between US President Donald Trump and his former political ally, Elon Musk.

Even the Daan Crypto trade does not rule out a deeper decline. “Under the lowest levels of yesterday at approximately $ 100,000, and I think we will continue to go for another 1-2 weeks,” was published on X, noting that the weak BTC associated with the stocks and a slow bounce from its lowest levels.