NEWSLETTER
bitcoin faces a serious sales pressure, since it has fallen below the $ 100K brand, which raises concerns about a possible deeper correction. Since mid -January, btc has been exchanging sideways, fluctuating between the maximums of all time (ATH) and the level of $ 97,750, struggling to find a clear address.
The feeling in the market remains divided. Bulls believes that this is a healthy return before bitcoin recovers in the discovery of prices, pushing towards the $ 110K mark and beyond. Meanwhile, Bears argues that btc has already been overcome, and the market is entering a distribution phase that could lead to a longer correction.
Key metrics in the Cryptoquant chain offer a different perspective. Based on the indicators of Net -made losses/losses (ANUPL) adjusted, btc is currently in an area of trust, but has not yet entered the euphoria stage. Historically, the main tops of the bullish market occur when ANUPL reaches 0.7-0.8, pointing out overheated conditions. Currently, btc is found in 0.4, which reflects moderate optimism and space for greater growth if market conditions remain stable.
With the action of the price of bitcoin at a crossroads, the next few days will be critical to determine if btc can claim $ 100K or face a deeper consolidation below the key levels.
bitcoin that shows strength despite volatility
bitcoin is entering a crucial phase where volatility remains high, but opportunities for investors could be even larger. As the market fights between the bullish impulse and the short -term sales pressure, analysts remain divided into the next btc movement.
<a target="_blank" href="https://x.com/AxelAdlerJr/status/1885565282611323051″ target=”_blank” rel=”noopener nofollow”>Key metric in the chain Shared by Axel Adler provides a clearer perspective. Based on the indicator of losses/losses not done adjusted net (ANUPL), bitcoin is currently in an area of trust, but has not yet reached the euphoria stage. This suggests that, although btc is in a bullish phase, there are no immediate signs of overheating, historically observed when ANUPPL reaches 0.7-0.8.
At this time, the ANUPL value is around 0.4, which reflects a healthy but moderate level of optimism. As a comparison, during the main market tops in 2017 and 2021, ANUPL reached the maximum levels between 0.7 and 0.8, pointing out overheated conditions and imminent corrections.
With bitcoin still far from these extreme levels, the market remains in a stable growth phase. If macro conditions remain favorable, btc has a strong potential for greater profits. However, merchants must be prepared for greater volatility as bitcoin navigates this critical period towards price discovery.
Details of the price action: key levels to maintain
bitcoin has fallen below the $ 100K brand for the first time in a week, which increases concerns between investors as the sale pressure is compiled. The price is fighting to recover impulse, and if the bulls do not claim $ 100K soon, it is likely to be a greater inconvenience.
At the moment, btc is testing lower levels of demand, with $ 97,500 emerging as the next key support zone. If bitcoin has this level, he could act as a springboard for a recovery, which allows bulls to go back over $ 100K and potentially start a new rally. However, not maintaining $ 97,500 would put bitcoin in a dangerous position, which potentially leads to a deeper correction and extended consolidation.
To return the bullish impulse, btc must claim the $ 100K brand quickly. A strong impulse above this level would indicate a renewed confidence of the buyer and could trigger an increase towards the maximum of all time. The market is still very volatile, and the next few days will be crucial for the short -term management of bitcoin. If buyers do not intervene, btc could see a prolonged fall before any significant recovery. Maintaining $ 97,500 is key, and merchants are closely observing the signs of a decisive movement in any direction.
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