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Bitcoin’s price behavior Broken over $ 96,000 In the last 24 hours, we have strengthened the continuous movement to the six -digit territory. This recent price behavior is especially important because it displays a clean brake out than the major warm -chain resistance area, which has increased from $ 93,000 to $ 95,000. You can decide whether or not The next leg of Bitcoin takes it to the six -digit territory.
Supporting this momentum is a long -term technical outlook for the famous merchant Peter Brandt. Projected timeline.
Peter Brandt MAPS Timeline Timeline $ 150,000 Bitcoin Top Parabol
Veteran Merchant Peter Brandt I shared the weekly candlestick It emphasizes the route for $ 150,000 by the Bitcoin price chart of social media and late in 2025. According to Brandt’s Social Media Platform X, Bitcoin is currently being traded under the parabolic trend line, the core of the final leg of the Bull period. Interestingly, this parabolic trend line has been a higher resistance to Bitcoin’s price and all -time high since 2021.
Related Reading: Bitcoin Price prediction: Last leg up to confirm the rally ringing for $ 150,000
Brandt’s chart Head and shoulder Pattern, triangle expansion and Integrated wedge. Brake out In recent wedge patterns It serves as his basic role in suggesting that the bull market is not structurally damaged.
According to his projection, the slope of the parabola that Bitcoin must overcome is about $ 120,000. The decisive brake out on this critical price It depends on the top of the cycle. The brand is from $ 125,000 to $ 150,000, and the timeline is from August or September 2025.
In the hot chain indicators, the pressure point represents about $ 93,000 to $ 95,000.
Warm chain Warm chain According to GlassNode, an analytical company, Bitcoin currently costs $ 91,300 for a simple convergence of 111 days, and the short -term holder costs $ 93,200.
Related Reading: Bitcoin Price: Analyst Peter Brandt says that BTC is still weak.
In particular, the price structure of Bitcoin confirmed higher than the highest level of $ 94,000 in early May, and has effectively suspended from early April. This suggests that the market can be shifted to a more aggressive accumulation stage. But this area also represents an important cluster of the previously purchased coins. This has shown that investors are now nearby in the initial pool. This can be done Sales pressure increases If some merchants make money or go out of Breakeven.
Meanwhile, long -term holders continue to show strong holding behavior, and many people’s interests exceed 350%. In fact, more than 254,000 BTCs have surpassed the 155 -day critical value since Bitcoin’s recent floor, which indicates that much of the supply is mature in long -term retention. Many of these coins have been acquired at a price of more than $ 95,000.
It is currently momentum, but I definitely prefer the bullThe range of $ 93,000 to $ 95,000 is the main battlefield that can define the trajectory of Bitcoin a few months ago before reaching $ 150,000 for Peter Brandt’s goal.
At the time of writing, Bitcoin is traded at $ 96,635.
PEXELS’s main image, TradingView.com chart