Main takeout:
BITCOIN’s revenue and realization price indicator signal is a long -term support for the holder and suggests that BTC is currently underestimated.
Standard char
Positive financing rates lead to $ 90,500 potential long pressure.
Bitcoin’s (BTC) has raised its total return compared to the previous year, 53.61%weekly, nearly $ 94,000 a day. After half of 2024, the market turned into a “mature bull trend” based on chain growth rather than inferred craze in the early 2024 air raid stage.
Bitcoin foundation overcomes fear and speculation
Bitcoin researcher AXEL Adler Jr. was better than a 8.98%decrease in the YoY market value, with a 61.82%increase in the price of YOY compared to the previous year’s average price compared to the previous year. This indicates that long -term holders are raising their basic prices faster than inferred price hikes.
Negative MVRVs suggest that Bitcoin is being traded below the basic value compared to a year ago. This value compression leaves greater trembles, with analysts watching a new high that exceeds $ 110,000 when demand is accelerated.
Similarly, cohort’s realization price shows a cooling speculative premium because the cost standard for one month is 5% lower than the 6 -month cohort. Currently, the market is similar to the past accumulation stage, and only 5-6 weeks remaining until an average of 180 days when momentum is often accelerated.
This optimistic timeline is similar to the prediction that Bitcoin of Geoffrey Kendrick, head of the standard Chartered’s digital asset research, will record a new history of $ 120,000 in the second quarter of 2025 by strategic assets of US assets. Kendrick pointed out that US investors are looking for non -atomic assets since the US Financial Premium Premium and one -hour trading pattern, which has a correlation with the price of BTC, began on April 2, after the trade war of President Donald Trump began on April 2.
Related: Presto Research Head says Bitcoin can record $ 20,000 in 2025.
Bitcoin FutureS Market is a hint for “Long Squeeze” of less than $ 91,000
Bitcoin’s financing rate has changed positively, and the price of the merchants at the price rises more than $ 90,000, indicating the dominance of long positions. Between April 24 and April 25, Bitcoin’s financing rate was simply changed negatively, and the price of potential long pressure was available to $ 97,000. But market epidemiology has changed its financing speed positively, resulting in long pressure.
Long pressure is a market event in which long merchants sell sales due to sudden drop in prices to amplify reductions through mass liquidation.
Since the New York market session began on April 28, Bitcoin prices have fallen 1.58%, and BTCs can fall to $ 90,500 over the next few days.
As you can see from the chart, the strength has begun to disappear, and the BTC can test the fair value interval (FVG) between $ 90,500 and 88,750 in the 4 -hour chart.
The price also formed a relative strength index (RSI) and weakness after the price was not maintained at more than $ 95,000.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.