After the weeks of intensive sales pressure, Bitcoin (BTC) has entered a consolidated phase, which trades below the $ 85K mark and above $ 80K. Bulls now face an important test, as they will have to push BTC above $ 90K so that the bear can be prevented at a minimum driving prices.
Bitcoin currently exceeds 29% since it reaches its all -time high (Ath) in January, promotes increasing speculation about a potential bear market. Bhavna is cautious, uncertain with traders whether BTC is down or if the negative side is forward.
Cryptoctive data suggests that the current stage of negative demand suggests BTC distribution, a pattern that has historically made temporary improvement, has not always reversed a complete trend. According to the data, the demand for bitcoin has declined in about -140K BTC, which is much lower than the previous crisis outflow of -268k BTC and -437K BTC.
While this localized sales pressure adds uncertainty, analysts suggest that the current decline scale does not threaten the widespread bull market. The coming days will be important as bitcoins should hold their current range and recover major resistance levels to confirm a recovery or risk, if bears remain under control.
Bitcoin bull cycle is not over
Both Crypto and the American stock market are struggling between macroeconomic uncertainty and fear of trade war, creating a challenging environment for investors. Bitcoin (BTC) is about 20% below the onset of the month, and the tendency of recession appears that the spirit remains weak.
Despite this negative short -term approach, the basic principles of the market are strong. Institutional adoption continues, and US President Donald Trump’s plan to create strategic bitcoin reserve may be a major catalyst for future price action. Many analysts argue that when the current circumstances are recession, they do not necessarily indicate the end of the bull market.
Top analyst Axle Adler supports this scene, sharing insight on X, suggesting that BTC decline is part of a common market cycle rather than prolonged recession. According to Adler, the current stage of negative demand indicates BTC distribution, a trend that historically has made temporary improvement, but has not always reversed a complete trend. The demand has fallen from around -140k BTC, -268K BTC and -437K BTC’s previous crisis is much lower than the outflow.
Adler also notes that despite the current localized sales pressure, this decline does not threaten the widespread bull market. Instead, it appears to be a short -term gain phenomenon after the reaction of all -time high (~ $ 109k) of bitcoin (~ $ 109k) and macroeconomic factors.
Adding the uncertainty of the market, the Federal Reserve continues to maintain tight monetary policy, while inflation figures have overcome the expectations, motivating markets to adjust their rate forecasts. This has increased the pressure on risk assets, including BTC, causing further instability and vigilant investor spirit.
Price Struggle Below Major Moving Average – Battle to Receive Bulls $ 85K
Bitcoin is currently trading at $ 84,300, struggling to gain momentum after weeks of sales pressure. The price is now below $ 85,500 below the 200-day exponential moving average (EMA), but the 200-day moving average (MA) is slightly above $ 84,000. Bulls should hold this support and recover $ 85K levels to prevent further negative side.
For a confirmed recovery rally, BTC needs to be broken through $ 85k and pushing above $ 90K as soon as possible. Removing these levels will indicate renewable speed, potentially the current dowstrend will be reversed and will be a re -leading of high resistance areas.
However, if the BTC fails to retrieve the 200-day MA and EMA, it can withstand strong sales pressure, allowing a potential drop below $ 80K level. Losing this major psychological support will trigger panic selling, forcing BTCs to low demand areas and extending the current recession phase.
Still uncertain with market conditions, the bull should work quickly to push BTC above resistance and prevent further risks. The next few trading sessions will be important in determining the short -term direction of bitcoin.
Specially displayed image from Dall-E, chart from tradingview
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