Bitcoin is coming? Cryptoquant CEO warns of a decrease to $ 77,000!
Bitcoin It was stuck between 93,000 dollars and 98,000 dollars for two weeks, leaving the merchants not sure of its next step. Add to pressure, FTX modern creditor plots The sale increased in the market. According to Cryptoquant Ki Young Ju, Bitcoin can decrease to $ 77,000 but is still in the bull cycle.
Can Bitcoin decrease to $ 77,000?
Currently, bitcoin is circulating around it 96369 dollarsWith a little movement during the past 24 hours. Ki Young JU predicts a possible 30 % of the highest future (ATH) of $ 110,000. Even if Bitcoin drops to $ 77,000, this will continue to follow the directions of the previous bull market.
While short -term fluctuations are likely to be assured that the bitcoin long -term direction remains up.
#Bitcoin Cost Basis at $95K:
• ETFs/Custody Wallets: $89K
• Binance Traders: $59K
• Mining Companies: $57K – Falling below this level in past downturns (May 2022, March 2020, November 2018) confirmed a bear market.
• Old Whales: $25K – Never breached historically. pic.twitter.com/QlfUx8bO08
— Ki Young Ju (@ki_young_ju) February 19, 2025
The main support levels for viewing
Ki Young JU pointed out important price levels based on the cost data from Bitcoin:
89,000 dollars – The basis for cost to Bitcoin etfsIt has been acting as strong support since November.
$ 59,000 – The average entry price for BTC traders on Binance.
#Bitcoin Cost Basis at $95K:
• ETFs/Custody Wallets: $89K
• Binance Traders: $59K
• Mining Companies: $57K – Falling below this level in past downturns (May 2022, March 2020, November 2018) confirmed a bear market.
• Old Whales: $25K – Never breached historically. pic.twitter.com/QlfUx8bO08
— Ki Young Ju (@ki_young_ju) February 19, 2025
$ 57,000 Mining Point. Low this level led to the bear markets in May 2022, March 2020, and November 2018.
$ 25,000 The basis for the cost of bitcoin in the long run (“old whales”), the bitcoin currency has not decreased at a level in previous sessions.
These levels indicate that bitcoin is still in a strong position despite short -term fluctuations.
Bitcoin key levels to watch
Despite his failure to break the $ 100,000 sign, Ki Young Ju is still optimistic. Since the price of Bitcoin has been combined within the range of 93 thousand dollars to 98 thousand dollars. If BTC decreases to less than 92,000 dollars, this may decrease about $ 90,000.
At the same time, and Relative power index (RSI) on the daily chart stands at 42, indicating a slight declining momentum.
Despite the uncertainty in the short term, if BTC rises above $ 100,000, it may increase more to test its highest level last month of $ 106,000.
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Common questions
According to the PTC price forecast in Coinpedia, the BTC’s height can reach $ 169,046 this year if the upcoming feelings persist.
With the increase in accreditation, the Bitcoin 1 price can reach a height of $ 610,646 in 2030.
The dropping of 10 -year growth in volatile assets like Bitcoin looks out a distant idea. The BTC price is expected to cross 600,000 by 2030. With global adoption, Bitcoin may be worth Million dollars.
According to the latest BTC price analysis, the bitcoin price can reach the maximum price of $ 5,148,828.
By 2050, the price of one BTC may rise to 12,436,545 dollars.
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