NEWSLETTER
bitcoin has faced intense sales and uncertainty pressure, and its price decreases aggressively in recent weeks. The continuous tensions of commercial war and macroeconomic instability continue to weigh in financial markets, which drives both the actions of the crypts and the US.
In addition to the negative feeling, Cryptoquant's analysis of investors' behavior reveals that the capitalization made of short-term investors (0D-1M) has decreased from $ 443 billion to $ 282 billion. This indicates that a significant amount of capital has left the market, which reinforces the idea that many short -term merchants are charging in the middle of the recession.
With the bearish feeling dominating, bitcoin now faces a critical test, whether it can contain key support levels and invest the trend, or if it will continue to slide even more in a deeper correction territory.
bitcoin stuck in consolidation below $ 85k
bitcoin remains in a consolidation phase below the level of $ 85k, with bulls fighting the intense sales pressure. Despite multiple attempts to recover higher levels, btc has not been able to show clear signs of a recovery rally, keeping the bearish feeling intact.
Analysts are increasingly asking for a possible bearish market, since the data in the chain suggests that bitcoin's demand is fading, while investors move away from risk assets. Meanwhile, gold prices continue to increase and the struggle of shares, reinforcing a cautious perspective in financial markets.
The superior analyst Axel Adler <a target="_blank" href="https://x.com/AxelAdlerJr/status/1901690615378989236″ target=”_blank” rel=”noopener nofollow”>Key information shared in xhighlighting that the capitalization made of short-term investors (0D-1M) has fallen from $ 443 billion to $ 282 billion. This is equivalent to $ 161 billion in capital effectively “disappearing” from the market, indicating that short -term investors are leaving their positions. Adler warns that this could weaken the market in the short term, although it is not a definitive sign of a prolonged bear cycle.
While bitcoin remains caught in this uncertain range, merchants are observing a decisive breakup to determine if btc will regain strength or continue their trajectory down. The next weeks will be criticism of defining the next phase of this market cycle.
bitcoin stuck in a narrow range, waiting for direction
bitcoin currently quotes between $ 85k and $ 82K, not establishing a clear address for the next few days. The price remains stagnant below the 200 -day (MA) mobile average around $ 84,200, indicating a weak impulse and increases the risk of a greater inconvenience. If the sale pressure continues, btc could soon fall below the $ 80K brand, extending its correction.
Despite the bearish perspective, the bulls still have the opportunity to recover control. A strong thrust above the range of $ 85K- $ 86K would be the first step towards a recovery rally, with the next key resistance level at $ 90K. If btc can claim $ 90K, it could generate impulse for a larger market feeling and change towards a more bullish perspective.
For now, bitcoin is still linked, with bulls and bears waiting for a decisive movement. If the bulls have no support above $ 82K, a deeper correction below $ 80k could continue, reinforcing the bearish trend.
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