The decisive task of Bitcoin, the analyst says, where the BTC price subsides at a price of $ 95,000
Bitcoin, The first and largest encrypted currency, according to the market evaluation, currently unifies about $ 95,000, but according to the Crypto Michael Van de Pope analyst, it has already achieved a decisive technical mission that defines the way to its highest level ever.
Select Van De Poppe, $ 87,000 as a decisive level that Bitcoin needs to be overcome to restore its bullish momentum. This level near the Daily SMA 50, which has been crowned bitcoin since early February, is now convincingly broken, with the height of bitcoin. Since this level was hacked, Bitcoin has also turned to the range over $ 92,000, which remains positive for its price.
“Bitcoin had one decisive level for its penetration: $ 87,000,” Van de Bobby said.
Bitcoin rose sharply on May 1 to the lowest level at 94,115 dollars to 97,483 dollars, the highest level since late February. The height extended to levels above 97,948 dollars on May 2, as Bitcoin achieved resistance, and the price later decreased.
At the time of this report, BTC has decreased by 0.54 % in the past 24 hours to 95,684 dollars after a decrease on Saturday.
What is the next BTC price? The main levels of viewing
According to Glassnode, a large concentration of coins is kept in a loss within a range of $ 95,000 to $ 98,000. As the market approaches this region, some investors may get out of or near the tie price, creating additional resistance on the sale side. This would double the expected increase in the distribution of the long -term holder (LTH), which creates an important range of resistance to viewing.
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The range over $ 100,000 has a relatively small size of cost coins in this field. If the market is able to successfully move the pressure on the sale side within the range, which ranges between 95,000 to 98,000 dollars, it may enter a low resistance area, which leads to a return to the discovery of prices and the highest new level ever.
Likewise, veteran Peter Brandt, Peter Brandt, said in a modern post on X that Bitcoin may rise to an area between 125,000 to 150,000 dollars by August or September 2025 if it can restore its broken broken slope. However, Brandt warned that the gathering may be followed by a 50 % decrease.
