An analyst closely followed in the crypto money market, Bitcoin $101,295.16He argued that the allegations that the bull market reached the summit were not based on the necessary data at this stage. Expert, long -term rise tendency continues and existing price movements should be considered as a short -term correction or consolidation, he said. According to the analyst, the pricing in the market does not offer significant signs of a permanent peak.
Analyst’s market interpretation
Addressing 49,800 subscribers via Youtube, Analyst Cheds said that Bitcoin rose from $ 74,000 in 2025 to $ 110,000, and that it gained a strong momentum in this process. Cheds says Bitcoin has been traded above many moving average in weekly price graphics and that this situation continues to continue the long -term rise.
One of the points that Cheds emphasizes is that in the current market conditions, Bitcoin is likely to have a sudden peak. In particular, the analyst, who draws attention to the moving averages, says that the price is an important indicator of the current strengthening in the 8 -term exponential moving average and the 200 -day moving average.
Cheds: “Currently, it is difficult to detect a summit here… When we look at the weekly graphics, a strong rise trend continues. There is no evidence that points to the summit. We are currently in the consolidation process.”
Comments and levels from past periods
In 2021, Bitcoin attempted to exceed $ 69,000 twice, but did not succeed. When the upward momentum was lost at that time, there was a long decline and a decrease to $ 16,000. The analyst states that there is no data that such a withdrawal may be experienced in the current situation.
Cheds also draws attention to the price levels that need to be followed in the short term. In particular, the level of $ 96,000 is an important support point, and if this level goes down, it may come to the fore as the next critical zone of $ 88,500.
Cheds: “If 96,000 dollars are tested and cannot hold, it should not be below $ 88,500. It is not possible to point to any summit at the moment, according to the data available.”
Current Situation and Analysis
It is known that Bitcoin has recently watched around $ 100,000 and has been traded for $ 101,957. Throughout the market, investors continue to follow the latest price movements closely. The analyst says that the current price movements are not at the level that would disrupt the general trend and there is still a momentum of rise.
The expert emphasizes that the continuation of price movements with short -term retreats and consolidations does not constitute an obstacle to the general ascension. In addition, a new long -term summit has not yet been formed and the process should be monitored without panic in the market.
Although the fluctuations in crypto money markets contain risks for investors, it is interpreted that the current price behavior may show that past mistakes are not repeated. Although experts’ views on the market are not decisive alone in investment decisions, closely monitoring price movements is recommended. In particular, monitoring of important support-reasons levels stands out in terms of shaping investment decisions.
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.
