The price of Bitcoin re-entered the investors radar with positive signals in both technical analysis and on-achin data. The fact that basic indicators such as realized capital reach the historical peaks show that both individual and corporate investors have returned to the market. The fact that the price approaches significant levels increases the likelihood that hard movements may occur in the short term. Experts emphasize the importance of cautious acting, while emphasizing that investors should carefully monitor market data.
In -chain data gives a strong purchase signal
Bitcoin’s “realized capital” mistress calculated from the transaction history reached a record level with $ 882 billion. This rise is considered as the pioneer of the major price movements, as seen in the previous cycles. The metric in question reflects the volume of investors re -introducing the market and shows that the risk appetite has increased.
The fact that the Bitcoin supply has been realized with snow realization exceeds the level of 90 percent supports this picture. While the sales tendency decreases among long -term investors, new entries are mainly aimed at accumulation. In the last 30 days, there has been a significant increase in large investor wallets. This stands out as one of the most important elements that feed the upward potential of the price.
Another issue that attracts the attention of investors is the re -activation of corporate accounts. According to chain data, many high -volume wallets made purchases at relatively low prices. This leads to comments that the price is on the threshold of a upward breaking.
Technical indicators indicate the possibility of explosion
A significant falling wedge formation in the daily price graph stands out. Technical analysis experts, if this formation breaks up to 21 percent of the price is likely to jump, he says. The relative power index (RSI) shows that the rise acceleration continues, indicating that a possible output is technically supported.
Expert analyst Carmelo says that the gradual rise in Bitcoin has not yet turned into a large rally, but the accumulation process has accelerated. According to Carmelo, this silent period may be a harbinger of the ascension. “We have been watching gradual increases since April. However, a sudden leap has not yet happened. This explosion may be inevitable as the savings continue,” he said.
The most powerful resistance levels in front of the price stand out as 95,680 and $ 99,690. If these levels are exceeded, the possibility that the price can climb up to $ 115,000 is on the table. On the other hand, if the price cannot exceed these levels, withdrawal is expected to find around $ 92,000. Market psychology as well as technical indicators seems to be decisive at these levels.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
