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The price of Bitcoin has continued its decline, falling below several key levels in recent days. From now on, Bitcoin is around around $ 87,000, marking a weekly drop of around 7.7% and a 19.6% decrease since its historical maximum of more than $ 109,000 recorded earlier this year.
In the midst of this recession, several market analysts have resorted to social networks to evaluate the possible causes of the fall and what could come next for the cryptocurrency.
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Divergent predictions for the next Bitcoin movement
First in the list is the Crypto titan cryptographic analyst who recently shared His perspective on X, suggesting that Bitcoin’s monthly closure could offer important clues. “While BTC remains above the 38.2%fibonacci setback, the execution of the bull remains intact,” said the analyst.
In particular, in traditional and cryptographic markets equally, a monthly closure is considered a significant indicator because it reflects the sustained feeling of the market in a longer period of time. A strong monthly closure above the key technical levels can indicate continuous resistance, while a closure below these thresholds can aim at greater decreases.
The prominent merchant Gareth Soloway offered a high range forecast, indicating that Bitcoin could fall to $ 75,000 or increase to $ 125,000 in the coming months.
Gareth Soloway says that Bitcoin goes to $ 75K or $ 125K, he could be wrong, he doesn’t know. And yes, I could still go to $ 200K for Eoy. Incredible analysis. pic.twitter.com/tlcvsl4wua
– The therapist ₿itcoin (@thebtctCtherapist) February 25, 2025
Other analysts have adopted a more bearish position. Coinmamba, another well -known figure in the cryptographic community, highlighted the diminishing influence of Bitcoin Microstrategy’s great purchases.
“The only reason we had so many superior yields of Bitcoin was due to Microstrategy’s purchases, and that is coming to an end,” Coinmamba wroteadding that it is optimistic in the Altcoins but bassist in the short -term perspectives of Bitcoin.
Meanwhile, Crypto César Suggested A possible drop to $ 73,000 levels, citing a combination of technical and fundamental indicators that point to greater downward potential.
Optimism in the midst of the bearish feeling
Despite the bearish perspective of some analysts, several investors continue to trust Bitcoin’s long -term trajectory. Max Brown, expressed a strong conviction in X, which indicates“Bitcoin goes to $ 150k. ETH goes at $ 15,000. Do not let anyone tell you otherwise. We will keep our coins at 10x – 50x “.
This feeling, although ambitious, highlights the resilience of some Bitcoin holders who see the decreases in current prices such as temporary setbacks instead of structural weaknesses.
Similarly, an investor known as Limón shared A simple strategy to navigate the current recession: “I will start buying every day in each sauce, from $ 85K to $ 75K. I will sell for the end of the year above $ 110– $ 120k “.
My plan for the rest of the year.
I will start buying every day in each sauce, from 85k to 75K, I will sell at the end of the year above 110-120k.#Bitcoin $ BTC pic.twitter.com/glyj2g7mui
– Lemon 🍋 (@Thecryptolemon) February 25, 2025
This approach, emphasizing constant accumulation and a clear output strategy, reflects a more measured optimism form among Bitcoin’s long -term supporters.
Outstanding image created with Dall-E, TrainingView graphics
