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The slowdown in bitcoin associated with our American title – Al -Maqaim reveals that basic basics are strong

Bitcoin is traded again without a mark of $ 85,000 after a series of wild price fluctuations that left investors not sure of their next step. Market fluctuations rose after President Trump announced that he was planning to create an American strategic encryption reserve, which sparked a brief raising BTC to $ 95,000 in just hours. However, the momentum was short -term, as Bitcoin quickly regained the entire jump, which led to a decline in prices and the promotion of continuous instability in the market.

Rollercoasser price procedure reflects this current uncertainty surrounding Bitcoin, as traders are struggling to determine whether BTC is preparing for another higher leg or facing more negative pressure. While Trump’s pro -profit position raised feelings for a short period, it was not enough to maintain collapse, which highlights weakness in the total market conditions.

The CEO of Cryptoquant Ki Young Ju weighs the situation, saying that the conditions of the Bitcoin market will remain slow until the feeling in the United States would improve. With organizational concerns, total economic uncertainty, and the transformation of investor morale, Bitcoin’s ability to maintain higher levels of the question is still. Until stronger stimuli appear, BTC may continue to trade in a volatile environment associated with the matching, leaving traders watching the next decisive step.

Bitcoin indicators indicate that the bull cycle is still sound

Bitcoin has fought below $ 90,000 for several days, and now she finds itself until she failed to get more than $ 85,000. The lack of BTC momentum has kept in descending lands, as bulls need to intervene soon to avoid a deeper decline. Although many attempts to recover, Bitcoin and the entire encryption market remain under pressure, unable to confirm a continuous payment higher.

Bulls lost control when BTC decreased to less than $ 90,000, and the failure of this region has intensified the morale of landing, prompting many analysts to invite the potential bear market.

but, Joe believes that the bull cycle was not necessarily over. Its analysis highlights that the activity on the chain is still unimportant, and the main indicators are neutral, indicating that the wider bull direction is still intact despite the last weakness. In addition, the basics remain strong, with more online mining platforms, indicating constant confidence from the main players.

Bitcoin Coinbase Premium Index | Source: Ki Young Go on X
Bitcoin Coinbase Premium Index | source: Ki Young Go on X

JU also indicates that if this session will end here, it will be an undesirable result for almost all of the main stakeholders-higher whales, mining companies, traditional financing (Trafi), and even Trump’s standing position. It is unlikely to affect retail traders, who are often seen as participating in the end of the tournament, on the direction of the market at this stage.

Currently, Bitcoin remains in a pivotal moment, with the next few days the fact that it is very important to determine whether BTC can restore the lost land or if the additional downside is inevitable. Less break can confirm the main support levels for a long correction, while strong recovery can indicate the upward trend.

BTC testing decisive liquidity levels

Bitcoin is currently trading at $ 83,700 days after wild price fluctuations are higher and less than $ 90,000. The market is still very volatile, as the bulls are struggling to regain control after BTC lost its grip on the main support levels. In order for Bitcoin to start a meaningful recovery, you must regain $ 90,000 as soon as possible. This level is a gateway to reflect the last declining direction and the momentum turned back in favor of the bulls. However, the main level of $ 85,000 remains – a decisive support dictating the price in recent weeks.

BTC Decisive Destruction Test Source: BTCUSDT scheme on TradingView
BTC Decisive Destruction Test source: BTCUSDT CHART on Tradingview

If BTC remains less than $ 85,000 for the next few days, this may lead to a tremendous decrease, which increases the pressure pressure and leads to a deeper correction. This scenario is likely to emphasize the extensive momentum, which exposes Bitcoin to the risk of testing low support levels.

Currently, merchants monitor BTC’s ability to restore lost land or decline. If Bitcoin is able to pay over $ 85,000, it may prevent more negative side and provide some short -term stability. However, the failure to keep this level may speed up the declining direction, leaving BTC vulnerable to more declines in the coming days.

Distinctive image from Dall-E, the tradingView graph

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