Bitcoin is entering a fundamental week, consolidating below its historical maximum of $ 112,000 while keeping firm above the psychological level of $ 100,000. Despite the increase in macroeconomic tensions, the increase in the yields of the United States, commercial disputes between the main economies and the growing geopolitical friction, Bitcoin has demonstrated a relative force, maintaining support above the key demand areas. This resilience has fed the debate among analysts, and some anticipate a deeper correction and others that predict a break in price discovery.
The feeling of the market remains mixed, with the volatility collected and the data in the chain that show precautionary signs among retail participants. However, a possible turning point has emerged. According to superior Darkfost analyst, the HASH tape indicator, a tool that tracks the miner’s stress and has historically indicated strong purchase opportunities, has just shown a new purchase signal. This development is remarkable since Bitcoin hashrate recently reached new historical maximums, reflecting the growing strength of the network despite price consolidation.
The HASH tape signal suggests that short -term mining capitulation may have finished, and that long -term investors could see a favorable entry point. With BTC now rolled up for a decisive movement, this signal could act as a catalyst, reviving the impulse while the merchants closely observe an impulse towards the new maximums in the next few days.
The key signal suggests that Bitcoin is ready to move
Bitcoin could be on the verge of an important movement, since it is consolidated below its historical maximum of $ 112,000. The market is still tense, with bulls that maintain control but face pressure due to the increase in macroeconomic risks, including the current stress of the bond market and the growing global commercial tensions. If BTC cannot recover the impulse and falls below the critical levels of demand, it could trigger a deeper correction. However, a rupture above $ 112K would probably rekindle the upward feeling through cryptographic space.
Darkfost prominent A key technical signal that flies under the radar, a new purchase signal of the HASH tape indicator. This metric evaluates the stress levels in the Bitcoin mining ecosystem when comparing the moving averages of 30 days and 60 days of the network hashrate. When the short -term average crosses the long -term average after a capitulation period, it generally indicates that the miners’ sale pressure is decreasing and can follow the accumulation.
While these periods of mining stress can be short -term bassists, since some miners are forced to liquidate BTC to stay solvents, they often present high quality entry points for long -term investors. In particular, the recent hash tapes of the purchase signal are aligned with the Bitcoin hashrate that reaches the new historical maximums, which reflects the resilience of the network despite the stagnation of prices.
If bulls take advantage of this configuration, the market could see a strong impulse towards a new phase of price discovery. But the lack of maintenance of the key support levels can open the door for a new test in the area of less than $ 100K. As always, the next sessions will be crucial to determine Bitcoin’s trajectory for the coming weeks.
DAILY ANALYSIS OF THE GRAPH: The support is maintained, the impulse awaits confirmation
Bitcoin continues to consolidate between the $ 103,600 support and the resistance zone of $ 109,300, as seen in the daily table. After reaching a new historical maximum of about $ 112,000, the price becomes overrated and now remains slightly above the 34 -day EMA at $ 103,298. This mobile average, together with the horizontal level of $ 103,600, acts since the key bulls of the demand zone must defend themselves to maintain the current upward structure.
Despite the recent setback, BTC remains in a broader bullish trend, backed by higher minimums since the bottom of March. However, the impulse is clearly fading since daily candles show lower ups and downs and a decline volume. A break above $ 109,300 would probably turn on a bullish impulse and paved the way for a possible impulse towards the new historical maximums.
On the negative side, a rupture confirmed below $ 103,600 could trigger a more clear correction, with the following key support in the 100 -day SMA about $ 92,245. Operators must observe a daily closure outside this range to determine the following directional movement.
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