Bitcoin has been constantly rising in recent days, fed by a positive feeling after the optimistic perspective of the United States Federal Reserve on economic growth. Investors show renewed confidence since BTC remains above the $ 104K brand, consolidating just below its historical maximum (ATH) and preparing the scenario for a possible break.
Despite the recent volatility, cryptocant data shared by Axel Adler highlights an interesting trend in Bitcoin’s price behavior. The monthly volatility made by BTC is currently 11%, significantly lower than the previous cycle peaks of 16%and 14%. Historically, volatility has tended to decrease before the main price movements, suggesting that Bitcoin could be preparing for his next great movement.
As Bitcoin looms just below ATH, market participants are closely observing the key levels to determine if BTC will enter the price discovery or enter a short -term consolidation phase. With solid foundations and bullish impulse, analysts believe that the next Bitcoin movement could define the market trajectory for the coming months. The question now is: BTC will finally push over ATH, or take another respite before the next period?
Bitcoin enters crucial phase, prepared for important profits
Bitcoin is now at a critical situation, with many analysts who predict massive returns this year while BTC prepares to enter the territory unknown once more. While some argue that Bitcoin is close to a cycle cycle, others believe that the real rally just begins, with new maximums of all time (ATH) and higher price objectives on the horizon.
Supporting the upward case, Cryptocant data shared by Axel Adler It reveals that the monthly volatility of BTC is currently 11%, lower than the previous cycle peaks of 16%and 14%. Historically, volatility tends to decrease before the great outbreaks, which makes this metric a key indicator of an imminent explosive movement. In past cycles, volatility fell to 8% before a moderate rally and even more than 4% before the important waves, which suggests that BTC is preparing the stage for a higher leg.
The next weeks will be fundamental, since the upward markets generally accelerate aggressively in the last year of the mid -mid cycle. Investors are observing the $ 110K brand, which many see as a psychological level that could trigger purchases driven by Fomo if it breaks. Meanwhile, long -term headlines remain safe, and the data in the chain that show that BTC continues to flow out of exchanges, reducing the available supply.
If the story is repeated, BTC could be on the edge of a parabolic rally, promoting the cryptographic market to new maximums of all time and solidifying its role as the best performance asset in this cycle. Investors are now observing the key resistance levels, waiting for Bitcoin to confirm their next movement. Whether BTC is consolidated more or explodes ATH beyond, one thing is safe: volatility is returning and the biggest Bitcoin movements are still ahead.
Bitcoin Price stands firm as the market awaits a breakout
Bitcoin (BTC) is quoted at $ 104,700 after days of volatility and uncertainty, as the market fluctuates between the bullish price action and the bassist feeling. Despite BTC’s resilience above the key demand levels, the feeling of the market became cautious in recent days. However, on Wednesday, Bitcoin revived optimism, suggesting that bulls are preparing for the next higher section.
For BTC to confirm a strong upward trend, the price must close above the $ 106K brand in the next few days. Breaking this level would indicate a renewed impulse and could trigger an explosive rally towards $ 110K and more. Analysts believe that once BTC surpasses ATH and enters the price discovery, the purchase driven by impulse could boost the significantly higher price.
However, the lack of clearing $ 106k could lead to continuous consolidation or even a setback to re -test support levels. Investors are closely observing if BTC can maintain current levels and break the resistance to confirm the following phase of the bull cycle.
With the increase in institutional demand and key metrics in the chain that favor the long -term strength, BTC seems to be well positioned for a possible break. The next few days will be crucial, since Bitcoin wobbles on the edge of another large price increase.
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