Bitcoin is approaching

Bitcoin has seen a week of non -decisive measures, making investors not sure of the market direction.

Despite this recession, historical trends in the investor behavior indicate that there is still a gathering on the horizon, as they challenge expectations based on the price alone.

The owners keep the long term in bitcoin on the ground

Net profit/unrealized loss in the long term (LTH) indicates that investors who bitcoin in December 2024 mature in LTHS, which requires a period of 155 days. This is it Positive for Bitcoin Because ripe buyers often carry longer metal currencies, which reduces the pressure of impulsive sale.

When more LTHS investors become, coins tend to stay in strong hands, which build flexibility against price declines. This behavior can support the stability of Bitcoin prices Volatility Reduces.

Bitcoin investor feelings It often moves unlike the performance of the market. Historical data shows that the feelings of dumping crowds usually indicate the opportunity to buy, while excessive stunning precedes sales. Over the past 48 hours, feelings have turned towards landing again.

This increased fear among retailers can pave the way for the market rise, as traders search for value during the decreases. The increasing fear contrasts with the basics of positive prices, indicating a potential outbreak fed by the renewed purchase department amid a warning.

BTC price needs a major barrier breach

Bitcoin is currently It is traded at 103,885 dollars, moving sideways in the range of $ 105,000 and 102,734 dollars. To reach $ 110,000, Bitcoin needs to mobilize approximately 6 %, which can be achieved given the last momentum.

Last week, Bitcoin increased by 11 % in only five days, showing strong potential for the upholstery. The main resistance is located after $ 105,000 at $ 106,265. The flipping of this level is likely to confirm the support of the support of paying 110,000 dollars and perhaps the highest new level ever.

However, if Bitcoin continues To unify the side sides, investors may sell patience to avoid losses. This selling pressure may pay the price to less than 102,734 dollars, which may decrease about $ 100,000 and nullify the upcoming expectations at the present time.