cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Bitcoin (BTC) Stuck in a ‘No Trade Zone:’ When Is the Next Big Move Coming?

-

by

cryptd.in
in

The primary cryptocurrency has experienced significant volatility lately, mainly due to the geopolitical tension caused by the war in the Middle East.

One popular analyst described the current price area as a “no-trade zone,” arguing that a clear move in either direction will depend on how BTC reacts to some key breakout levels. Other market observers believe the bear market has yet to shock investors, foreseeing a double-digit price decline from the ongoing valuation.

‘It’s a Waiting Game’

Bitcoin experienced a substantial decline to under $68,000 over the weekend after US President Donald Trump threatened to “obliterate” Iran’s power plants should the Iranian officials keep the Strait of Hormuz closed.

Earlier today, the American leader triggered an evident revival of the entire crypto market after saying that the warring parties had held “constructive” conversations, following which the destruction of the Iranian energy infrastructure was postponed. As a result, BTC briefly soared past $71,000 but lost some ground and currently trades at around $70,600 (per CoinGecko’s data) after Iran denied Trump’s de-escalation claims.

According to Ali Martinez, anything between $65,636 and $70,685 is a “no-trade zone,” describing it as “the most important spot on the chart.” He argued that over 1.7 million BTC were transacted in that range, meaning buyers and sellers “are digging in their heels.” Martinez believes that the next “big move” will come once the price breaks above the upper mark or falls below the lower one.

“For now, it’s a waiting game,” he concluded.

Other analysts, including Crypto Fergani, are more optimistic and think the bear market is almost over. The X user took into account the business cycle, the performance of the US dollar and the precious metals, the recent actions of Trump, the upcoming Chairman of the Federal Reserve, and other factors to predict that “crypto is going to shock everyone.” Crypto GVR is also bullish, setting BTC’s next short-term target at $86,000.

The Big Crash is Looming?

There are those who believe the bear market is nowhere near its end, predicting a meltdown in the near future. X user Chiefy claimed, “We’re only halfway through the bull trap,” and if that pattern holds, BTC could dump to $48,000 sometime this week.

Merlijn The Trader classified $70,000 as “the last line of defense” and forecasted that failing below could result in a major collapse to as low as $26,000. For his part, X user Doctor Proft warned investors that a historic crash worse than the one observed at the start of the COVID-19 pandemic might be on the way. Back then, BTC nosedived by over 50% in a single day.

Those curious to explore additional bearish price predictions can take a look at our article 여기.

게시물 Bitcoin (BTC) Stuck in a ‘No Trade Zone:’ When Is the Next Big Move Coming? 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti 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 it_IT Italiano 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

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (429) #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 (73) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (69) 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 (5) #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.