NEWSLETTER
bitcoin faces strong correction
bitcoin has experienced an important correction, falling to its lowest level since the beginning of November 2024. This unexpected fall has shaken the upward perspective that many investors had for btc and Altcoins, launching doubts about the potential for mass yields in 2025. The acute decrease has led to greater fear in the entire market, with investors that grow anxiously for a possible change in the market.
The market now is very afraid, since an additional sales pressure could lead to btc to even lower levels. With the feeling at their lowest point in months, merchants are watching closely to see if bitcoin can stabilize or if there is a deeper correction on the horizon. Historically, the main sales have been followed by strong rebounds or extended consolidation phases, which makes the next commercial sessions crucial.
Main analyst <a target="_blank" href="https://x.com/AxelAdlerJr/status/1895346801047412931″ target=”_blank” rel=”noopener nofollow”>Axel Adler shared ideas about xrevealing that currently 4.4 million btc of the total supply have moved to a loss. This metric represents the number of currencies bought and sold around the level of $ 95K, which reflects how many merchants now have btc with losses. In addition, the gain supply has decreased from 19.7 million btc to 15.3 million btc, indicating that a significant part of the headlines is underwater.
Since bitcoin is now negotiated below the key support levels, the market must decide whether this correction marks the beginning of a bearish phase or is just another setback before a rebound. If btc does not maintain its current levels, an additional drop could be imminent, but if the bulls recover control, this could be a strong purchase opportunity for long -term investors.
bitcoin fights $ 80k amid fears of the bearish market
bitcoin is quoted at $ 80,190 after experiencing days of relentless and growing sales pressure fear that a new bearish market will develop. The cryptocurrency has lost more than 18% of its value since last Sunday, shaking the confidence of investors and taking btc to its lowest level since the beginning of November 2024.
Bulls now face a critical challenge, since they must defend the $ 80K brand and push btc backwards above $ 85,500 as soon as possible. This level is crucial because it is aligned with the 200 -day mobile average (MA) and the 200 -day exponential mobile (EMA), two key indicators of the long -term trend force. Not recovering these levels could indicate greater downward pressure, making a bearish continuation more likely.
If btc cannot react positively at the current levels, the following key support zone is around $ 75K. Losing this level could further trigger panic sale, confirming even more a bassist change in the structure of the market. On the other hand, a rapid recovery above $ 85,500 could restore confidence, preparing the stage for a possible rebound to $ 90K in the coming weeks. The next commercial sessions will be crucial to determine bitcoin's short -term trajectory.
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