NEWSLETTER
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As the first month of 2025 comes to an end, bitcoin (btc) continues to move within its rank of electoral prices after the United States, but approaches two historical closing candles. Some analysts intervened in the state of the market, which suggests that it could be satisfied with the good news at the moment.
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bitcoin near a historical monthly candle
Despite recent corrections, bitcoin has moved within the range of $ 90,000- $ 108,000 since December 2024, consolidating within the middle zone of its price range during most of this period.
Some analysts have pointed out that the bad cryptography has had a decent performance this month, not staying away from the $ 100,000 brand for a long time. In addition, its recent recovery of the range of $ 104,000- $ 105,000 is preparing the stage for a monthly and weekly historical candle.
As the Rekt Capital analyst pointed out, bitcoin is after closing the month above the $ 100,000 barrier for the first time and “printing a new monthly candle to confirm a rupture of his monthly bull flag.”
In addition, bitcoin could <a target="_blank" href="https://x.com/rektcapital/status/1885356241301438840″ target=”_blank” rel=”nofollow”>see A “historical weekly closure” if the week over $ 104,416 ends. According to the analyst, similar closures above the main weekly resistance at this point in the cycle have historically preceded a “continuous rise in the new maximums of all time.”
However, Rekt Capital has also indicated that btc is very likely to be preparing for the second section of its parabolic phase after the sheet, which suggests that a new price discovery rally could begin in mid -February.
Historically, the second section has begun around the 16th week of the parabolic phase, explained the analyst, while btc is currently in week 14, recovering from the first correction of price discovery.
Based on this timeline, the bad cryptography is expected to continue preparing for the rally for another week and a half, and the investors are advised to “patiently HODL” btc.
Is the confidence of the cryptography market shake?
Another market observer <a target="_blank" href="https://x.com/DaCryptoGeneral/status/1885363079728238784″ target=”_blank” rel=”nofollow”>noted That bitcoin has been “caught in anger for a while”, and added that he hoped to see a bullish impulse after the Fomc news. The merchant considers that the lack of significant price movement suggests that the price of btc “will be on the side for the next few days.”
Recently, Aurelie Barthere, Nansen's main research analyst, intervened in the current market. Barthere <a target="_blank" href="https://research.nansen.ai/articles/on-trump-ai-the-fed” target=”_blank” rel=”nofollow”>Suggested
The report highlighted the latest regulatory changes, including the dump of SAB 121 and the Executive Order for a cryptography stock of the United States, have been “extremely optimistic” and will probably facilitate a broader cryptographic adoption.
In addition, the Government Efficiency Department (Doge) led by Elon Musk is considering the public block chain to trace and manage public expenses. However, the news has been ignored and followed by “disappointing price action by btc and the rest of the cryptography market.”
This suggests that the market is momentarily satiated and “more reactive to the negative feeling than positive news.” Barthere pointed out how Depseek triggered setback since Monday broke out to the cryptography market.
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According to the price action and the volume just after the shaking, the analyst noticed that “the confidence of the buyers of the 'has been shocked”, resulting in an initially shy recovery.
However, unlike other greater beta tokens, bitcoin had a brief and superficial and brief sales on Monday, which “shows an interesting level of 'dispersion' between tokens, with btc still the beloved figure of this new, market environment “.
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