According to new data published by crypto money analytical company Swissblock, Bitcoin 
$115,158.34The current static period of the current stagnation may soon end and a new wave of rise in the crypto currency market may begin. Swissblock predicts that if Bitcoin’s acceleration turns positively to the positive, both Bitcoin and other leading crypto assets can be experienced.
MOMENTUM DECREASE AND INVESTOR BEHAVIORS
Swissblock’s social media platform X shared in the analysis, Bitcoin’s acceleration before starting the rise movement stops. The company states that the main reason for this pause is an increase in profit sales. Analysts say that the current sales pressure is more moderate than the heavy profit sales seen in the mid -2024. This situation can be interpreted as a moderate profit recruitment rather than panic sales of investors in the market.
Swissblock said, “Revenue tendency is decreasing and sales pressure is absorbed to a large extent. Bitcoin is preparing to break, but the momentum must be compatible. Bitcoin is watching horizontally, if the acceleration changes at a time, Ethereum changes at a time.
$3,628.69 And other Altcoins can rise rapidly, ”he said.
According to the company’s evaluations, Bitcoin’s Upper Movement has been limited due to investors’ desire to make profit. It is emphasized that the largest crypto presence is trying to rise but it is not permanent above $ 118,000, while investors are still largely profitable.
Market psychology and technical view
Swissblock’s sharing, “96 percent of the supply is in profit. This creates a binary situation: Strong investors continue to stay in the market, unrealized profits can encourage small investors to sell small investors. Until the demand returns, new sales come to the agenda on each rise.
In the analyzes, the basic technical indicators on which Bitcoin is based is still presenting a positive picture. Accordingly, Bitcoin’s technical and basic data is healthy, the consolidation process can continue and a new rise movement can be observed for a while before the start of a new rise movement.
Basic Indexes and Expectations
In the Swissblock assessment, “Bitcoin’s foundations are strong and stable. Bitcoin Basic Index (BFI) = 60, and this also points to a neutral position. Network growth is losing acceleration, liquidity is gathering. This environment supports consolidation.
In terms of market prices, Bitcoin is traded at $ 114,747 at the time of publication of the news. This figure points to a decline of approximately 3 percent in the last 24 -hour period. While investors are waiting for a wavy course in the short term, a new rise period may begin with the return of the acceleration to the positive breakdown.
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.
