BTC Price Holds $100,000 as Bulls Target New All-Time High | Airdrop Alert Pro

The price of Bitcoin (BTC) has remained above $ 100,000 in the past three days, although recently showing elasticity recently showing elasticity volatilityEssence A golden cross is formed on the EMA line of BTC, which shows that if the key resistance level is cleared, a breakthrough may occur.

However, BTC has been working hard to increase $ 106,000, and not doing this may lead to a level of low support. Whether the BTC can launch to $ 110,000 or faces the recovery depends on the response to these key price areas in the next few days.

BTC iChimoku cloud shows a hybrid signal

Ichimoku cloud chart Bitcoin Express the prospect of mixed. The price is currently above the Tenkan-Sen (blue line), indicating that the short-term bullish momentum is indicated. In contrast, Kijun-Sen (red line) is slightly lower, indicating that if the price is still higher than the price, it may continue.

Chikou SPAN (green lag line) exceeds most of the past price movements and enhances the current bullish prejudice. However, the structure of Kumo (cloud) is very thin, which means that in the near future, the support or resistance intensity is small.

Cloud itself is changing from red to green, which usually marks the transition of potential trends to the bullish conditions. However, the flat nature of the Senkou SPAN B (Red Cloud Border) indicates a little hesitant in momentum. if Bitcoin price It is retained above the cloud, and the bias of bullish bullishness is enhanced, but any immersion in the cloud may indicate mergers or hesitation.

The thin future means that this trend lacks a firm belief, which makes the next few candles crucial to determining whether the BTC can maintain its upward trajectory.

Bitcoin whale drops to low year, but may be recovering

The number of whales holding at least 1,000 BTC From January 22 to January 29th, it dropped significantly, from 2,061 to 2,034, the lowest level since February 2024. This stable decline indicates that large holders are reducing their opening, and potential signals reduce market confidence or profits in the market.

Tracking whale activities is very important because these big holders usually affect market trends. When the whale accumulates, it may indicate the appreciation of confidence and potential price, and the distribution stage may be before the sluggish or increased volatility. Their movement provides insights on the wider market sentiment and potential trend changes.

After continuous decline, the number of whales began to increase, and it is currently returning to 2,039. Although it remains lower than the previous months, it may sign Large holders to BTCEssence If this trend continues, it may indicate accumulation, which can support BTC prices in the next few days.

BTC price forecast: Can BTC reach $ 110,000 in February?

The EMA line of BTC has recently formed a gold cross, which shows the potential bullish momentum, but the price has worked hard to earn more than $ 106,000. if Bitcoin Another attempt and successfully cleared this level, it can quickly test $ 107,000.

Breakthrough above resistance may be promoted Bitcoin price When it reaches $ 108,000, if the purchase pressure is still high, it may even reach $ 110,000, marking the new historical highest level.

In terms of decline, if BTC price It may be reduced to $ 101,296, which cannot be reversed by power and trend, which is a key level of support. Losing this level may accelerate sales pressure and reduce BTC to $ 99,486.

If the support is also broken, BTC may continue to fall to $ 95,800, at this time, buyers can intervene to prevent further shortcomings.