cryptd.in

LinkedIn alternativo per i talenti crittografici

3 Reasons Why Bitcoin (BTC) Could Rally to $116K Soon

-

da

cryptd.in
in

Bitcoin’s price has seen better days as it failed at reconquering the $90,000 level despite a price surge to $92,000 earlier today and now sits below it for the third time this week.

Some technical signals now suggest that a reversal could be forming following the massive crash from the past few weeks. Analysts are watching for key confirmation signals, with recovery targets as high as $116,000.

Momentum Divergence Appears on 4-Hour Chart

Javon Marks, a market analyst, shared a chart showing a regular bullish divergence on Bitcoin’s 4-hour timeframe. The asset continues to print lower lows, but the momentum oscillator is doing the opposite—forming higher lows. This pattern often signals a shift in pressure from sellers to buyers.

Bitcoin is hovering around $89,000 at press time, down 1% on the day. Over the past seven days, the asset has dropped 13%. If momentum follows through, Marks says a rally could stretch beyond $116,000. The price would first need to break above key short-term resistance levels to validate the setup.

$93,100 Resistance Is a Key Test

Lennaert Snyder notes that Bitcoin found support at $88,900 and has since rebounded toward $93,100, where it is now testing that level. So far, the move has been met with selling. Snyder says he remains short-biased unless the price can close above $93,100. If that happens, he sees room for a push toward $95,600.

He also outlined a second possible path. If Bitcoin returns to sweep the $88,900 lows and shows a strong rebound wick, that could be the sign of a bottom.

“I prefer a strong wick on the bottom and a reversal after,” he posted.

With the US NFP data expected, market volatility may rise. Additionally, Titan of Crypto pointed to a recurring setup that looks similar to the 2021–2022 cycle. In both cases, a bearish divergence marked a local top, followed by a hidden bullish divergence. This is now developing again, while the price trades inside a fair value gap and above rising trend support.

Another analyst, EGRAG Crypto, added that Bitcoin is currently testing the 21-month EMA. He said BTC has never entered a bear market without closing a full monthly candle below this line.

“Hold 21 EMA = Bull Market Continues,” he stated.

Past cycles have used this level as a springboard for upside.

On-Chain Loss Data Repeats Past Patterns

Bitcoin’s realized loss margin has fallen to -16%, as Criptopatate reported. That number tracks the average losses realized by sellers. During past cycles, similar drops below -12% often appeared near market lows. The current reading suggests that many traders are exiting positions deep in the red.

Meanwhile, Bitcoin’s realized price sits near $114,000. This gap shows the extent of unrealized losses. If historical patterns repeat, it may support a recovery in the weeks ahead. Broader macro trends, including rising yields in Japan and stress in US banks, are also adding to the current market caution.

Il post 3 Reasons Why Bitcoin (BTC) Could Rally to $116K Soon è apparso per la prima volta su Criptopatate.

Commenti

Lascia un commento

Il tuo indirizzo email non sarà pubblicato. I campi obbligatori sono contrassegnati *

Ultimi feed

Categorie più popolari

it_IT Italiano
it_IT Italiano en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Ricerca nel sito web

Storie popolari

Tag

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElezione (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinFondamenti (1) #BitcoinHandling (1) #BitcoinPrezzo (5) #BitcoinPrezzoLivello (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCacquisizione (1) 1TP5Previsione toro (1) #BullishSentiment (1) #CMiniera cinese (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativoSalto (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) 1TP5Corte olandese (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumPain (1) #EPrezzo dell'Etere (1) #ExpertOpinion (1) #FedRateCut (1) #FiatValuta (1) #Fimpatto finanziario (1) #FinanziarioPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5FondiIlleciti (1) #InflationData (1) 1TP5Investimento (1) 1TP5Perdita d'investimento (1) #Azienda giapponese (1) #Azione legale (1) #Impatto legale (1) #Legislazione (1) #LightningNetwork (1) #Manalisi del mercato (3) #MMonitoraggio del mercato (1) #Mprevisione di mercato (1) #Mprevisioni di mercato (1) #MProiezione di mercato (1) #MmercatoSupporto (1) #MmercatoVolatilità (1) #MCompatibile (1) #MemeCoin (5) #MemeCoins (2) #MinerProfittabilità (1) #MRiciclaggio di denaro (2) #MtGox (4) #Corea del NordCrittografia (1) #NovogratzPrevisione (1) #PriceMilestone (1) #PprezzoPrevisione (2) #PriceDomanda (1) #PrezzoAumento (1) #PcarcereSentenza (1) #QuantAnalisi (1) #RegolamentazionePressione (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #T Analisi tecnica (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashSviluppatore (1) #UKCrypto (1) #UpsidePotenziale (1) #USCongresso (1) #WyomingLand (1) #XRPrezzo (1) #XRPupswing (1)

Link utili

Link che ho trovato utili e che volevo condividere.