Bitcoin Price Eyes New All-Time High Following 4-Year Pattern
Bitcoin tries to violate key obstacles at a price of $ 106,000, aiming to rally and set a new historical highest level (ATH).
Though volatilityThe bullish momentum of BTC is still very strong, and cryptocurrencies seem to be repeating the historical model observed in the previous market cycle.
Bitcoin is not dangerous
Mayer’s multiple indicators show that Bitcoin is neither overdooring, nor sold excess, and is currently at a neutral level. This shows that the continuous bullish momentum may continue, providing room for further upward, without the need to correct it immediately. In market emotions, this neutrality is a promising signal for Bitcoin enthusiasts.
The neutral position of the indicator shows stability, and the buyers and sellers maintain a balance. This balance and Bitcoin’s bullish trendIt shows that cryptocurrencies can collect sufficient motivation to violate the key resistance level, and may target the new ATH in the short term.
The dominance of Bitcoin in the cryptocurrency market is following the 4 -year model, which provides insights on its macro power. After the bottom of December 2024 decreased 54 %, Bitcoin advantage In January 2025, it has soared 57 %. This model reflects the cycle of 2020. The cycle of 60 % in November 2020 fell to 60 %, and by January 2021 to 69 %.
The revival of Bitcoin dominates highlights its strengthening position as a market leader. Similar to the 2020 cycle, this trend indicates potential rally Bitcoin priceEssence This is because the increased advantage is usually consistent with the bullish stage of cryptocurrencies.
BTC price forecast: rest time
Bitcoin price The current price is $ 104,647, and the resistance of $ 106,193 has not been supported. Violation of this level is important for Bitcoin, more than $ 108,400 and released a new ATH, thereby consolidating its upward motivation.
The current ATH is $ 108,341, and Bitcoin forms a dual -bottom model, indicating that 11 % of the rally may break through. If this is done, the price of Bitcoin may be the goal of $ 113,428. This will strengthen its bullish trajectory and marked the important milestone of the cryptocurrency king.
However, the failure to violate $ 106,193 at $ 106,193 may cause a merger of more than $ 102,235. Losing this support level may cause further drop to $ 100,000 and potentially drop to $ 95,668. This situation will challenge Bitcoin viewEmphasize the importance of maintaining key support levels.
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