Bitcoin (BTC), the largest encrypted currency, fails to overcome $ 90,000 for five consecutive days. As such, it seems that the last ascension looks like a “dead cat” cat before another leg.
“Dead Cat Bound”: Top Trader on Bitcoin (BTC) performance
Bitcoin (BTC), the largest encrypted currency depending on the maximum market, reached the sixth “higher” in 2025 in the time frame for one day. As such, it seems that its last short -term price is as if “the dead cat is bounced.” Court Ak made such a pessimistic statement, a trader and a coin researcher in X on March 28, 2025.
In a joint analysis with his 374,000 followers, Kort Ak also indicated that Bitcoin (BTC) has just failed in its fifth consecutive attempt to stay above $ 90,000:
PRICE failed to reach $ 90,000 this week after an attempt for 5 days in a row. A lot of salty comments that got euphoria on the LTF pump now guess their second opinions
The current level may not be the final point of the Bitcoin (BTC). As it becomes clear from Koroush Ak on its scheme, the Bitcoin (BTC) price may extend between 72,000 to $ 73,000.
If this prediction is turned on, Bitcoin (BTC) will fully decrease to early November 2024 levels. Then Bitco (BTC) will wipe all the gains that caused the effects of the American presidential election.
By the time of the press, Bitcoin (BTC) changes hands at 82,500 dollars, as it decreased by 2.22 % in the past 24 hours.
Is Bitcoin (BTC) still healthy?
The coded currency market has decreased by 2.38 % today.
Each emerging cycle of bitcoin (BTC), appears through painful corrections from seven and eight painful corrections.
As mentioned previously, senior analysts indicate a decrease of 35-45 % healthy price performance that does not affect the dominance of the upward upward trend.
Related
Looking at the current peak price of Bitcoin (BTC) of $ 109,000, the default virtual part of this “correction” may be somewhere near $ 60,000.
