Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»BITCOIN NEWS»Bitcoin can be traded sideways for two weeks before raising the next leg.
BITCOIN NEWS

Bitcoin can be traded sideways for two weeks before raising the next leg.

By Crypto FlexsMay 16, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin can be traded sideways for two weeks before raising the next leg.
Share
Facebook Twitter LinkedIn Pinterest Email

Reason to trust

Strict editing policies focused on accuracy, relevance and fairness

It was produced by an industry expert and examined three severely.

Best standard of reporting and publishing

Strict editing policies focused on accuracy, relevance and fairness

Lion’s soccer prices and players are soft. Each Arcu Lorem, all children or ULLAMCORPER FOOTBALL MATE is Ultricies.

This article is also provided in Spanish.

BTC (Bitcoin), which has recent important $ 100,000, is testing the recent recovery level, and some analysts suggest that the price will move to the short term.

Related reading

BTC’s next major level

Over the past month, Bitcoin has seen massive performance and has recovered more than 23% from $ 84,000. The flagship encryption recovered the $ 100,000 barrier lost during the February full back and rose to a maximum of $ 105,819 for three months.

During the market recovery, the BTC has been back to the election range since the US $ 92,000 to $ 106,000, and was only 4.4%of ATH (All-Time High) in January. But the huge rally seems to have slowed after getting closer to the top level of the range, which instantaneously stops the next leg.

This week, Bitcoin has turned off most of the liquidation clusters at the minimum day of the day, with a range of $ 101,500- $ 105,000. DAAN CRYPTO Trades now pointed out that Cryptocurrency is “far from a large liquidity cluster.”

He explained that the price of the BTC was not traded at a high price of this range for a considerable period of time, and he set up a new position around the region.

Thus, the main level is more than $ 106,000 resistance, and is the highest for $ 93,000 in the recent brake out.

Bitcoin traded sideways for 2 weeks?

The analyst thinks the price behavior of the BTC is “very simple” when the flagship encryption moves in a wedge pattern where the flagship encryption rises for one month. If Bitcoin remains in the formation, it can increase to $ 110,000- $ 112,000.

However, if Bitcoin falls below $ 100,000, you can lose its main support and fill the CME gap about $ 92,000 before the new ATH Rally.

Meanwhile, TED Pillows, a market watcher, emphasized the correlation between Bitcoin and Global M2. Analysts pointed out that the price measures of cryptocurrency have been similar to the Global M2 Supply Chart for the last few months, including pumps.

Related reading

The chart now suggests an integration period, which allows Bitcoin to move sideways for 1-2 weeks by continuing to follow the global M2 supply path. “Once it’s over, the next leg of the BTC will start and push more than $ 120K,” he confirmed.

TED also pointed out that BTC’s accumulation of Wyckoff is in the final stage, and some integration is a “good signal” rather than a $ 100,000 support. As the liquidity came back, the next leg concluded that it would start soon.

At the time of this article, Bitcoin is $ 104,916, down 0.5% daily.

Bitcoin, BTC, BTCUSDT
Bitcoin’s performance on a one -week chart. Source: TradingView’s BTCUSDT

Chart of TradingView.com, the main image of unsplash.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Does Ethereum start their business? MorningStar Candlestick Pattern tells the story

June 6, 2025

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025
Most Popular

Bitcoin (BTC) faces profit pressure when returning from a new ATH.

June 5, 2025

Top analyst updates outlook on Solana, saying small-cap altcoin is poised to rise more than 478% in three months

January 27, 2024

Exploring scalability issues and innovations in Web3 networks

October 22, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.