cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Bitcoin Price Analysis: History is Made at $100K, Here’s the Next Target

Bitcoin makes history, as a six-figure BTC price is finally here. Yet, investors might wonder how far the king of cryptocurrencies can actually go.

Technical Analysis

By Edris Derakhshi (TradingRage)

The Daily Chart

The daily chart shows that Bitcoin has finally broken through the 100K milestone today and is pushing toward the $105K level. With the market structure being so bullish, even a run toward the $120K area is possible in the short term.

Meanwhile, the RSI has once again entered the overbought region, and the 200-day moving average is also far behind the price, currently trending near the $70K mark. Therefore, there’s also a logical probability for a correction soon, which could present a buying opportunity.

btc_price_chart_0512241
Source: TradingView

The 4-Hour Chart

The 4-hour chart clearly shows the BTC price action over the last month. The market slowed down after breaking above the $90K resistance level, gradually increasing through higher highs and lows.

However, today’s breakout above $100K might lead to an aggressive continuation higher.

Meanwhile, with the RSI also entering the overbought zone in this timeframe, there is more evidence that a pullback might happen soon, which could see the price drop toward the bullish trendline and the $96K level before taking off again.

btc_price_chart_0512242
Source: TradingView

Sentiment Analysis

By Edris Derakhshi (TradingRage)

Funding Rates

As the futures market is arguably the most significant determining factor in Bitcoin’s short-term price movements, analyzing its overall sentiment would likely help investors form more accurate predictions.

This chart presents the funding rates, which measure whether buyers or sellers are executing their leveraged positions more aggressively.

While the metric is currently positive, indicating bullish momentum, this can also lead to a potential reversal. High funding rates are usually followed by a sudden drop as a result of long liquidation cascades.

With Bitcoin’s aggregate funding rates showing the highest level over the past year, a correction seems likely soon. This could also lead to a period of consolidation as the futures market cools down.

btc_funding_rates_chart_0512241
Source: CryptoQuant

게시물 Bitcoin Price Analysis: History is Made at $100K, Here’s the Next Target 에 처음 등장 크립토포테이토.


댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (458) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (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) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.