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Trader prevede un crollo di Bitcoin prima di un nuovo rally | Global News Avenue

Trader prevede un crollo di Bitcoin prima di un nuovo rally

This article is also available in Spanish.

After reaching all-time highs above $100,000, Bitcoin (BTC) It continues to be discussed, with many wondering if there will be anything to gain. However, some traders are predicting a crash before a new peak occurs.

Among them are Peter Brandt, A well-known figure in the trading world, he believes Bitcoin may be going through one last “plunge” or period of consolidation before continuing its rise.

in his last post On January 12, Brandt shared his analysis showing the past performance of the most valuable cryptocurrencies and describing phases he called “up,” “hump,” and “down.”

Bitcoin price chart. Source: Peter Brandt

In particular, a “pump” These are periods of rapid asset growth, such as Bitcoin’s incredible rise from $70,000 to over $100,000 in late 2024, driven by massive buying and the Trump effect.

Next comes the stage “hump”where the rally slowed and encountered resistance, as shown by Bitcoin’s December plateau, causing the crypto asset to consolidate around the $95,000 level.

at last, “dump” Represents a downward correction, usually caused by profit taking or loss of momentum. In this case, Brandt said that if Bitcoin fails to hold key support, its price could drop to $73,018.

Brandt observed the trends in Bitcoin and noticed a recurring phenomenon in the market: when retail traders start to tire, sharp price swings often occur, marking the turning point before the asset’s price moves significantly.

“The question I ask is whether Bitcoin will go through another crash (or another prolonged consolidation phase) before experiencing a surge. Recall that markets generally don’t tighten until retail traders tire,” he said .

Can Bitcoin reach $140,000?

Another well-known cryptocurrency analyst Ali Martinez also has shared There are similar predictions for Bitcoin. in his post

His prediction is based on two technical patterns observed on BTC’s 12-hour chart: the formation of a bull pennant and a head-and-shoulders pattern.

Bitcoin price chart. Source: TradingView

IL bull pennant This is a pattern that forms when Bitcoin rises, then settles in a narrower and narrower range as the trend line gets closer. Usually the formation of this pattern indicates that the asset may continue to rise.

Instead, the model head and shoulders tophas a central peak (head) and lower highs on either side (shoulders), indicating a possible bearish reversal.
Meanwhile, Bitcoin is holding steady near $95,000, a decisive moment to understand its direction.

Bitcoin: Analysts divided on bullish forecasts and risk of significant downside

Bitcoin’s future remains uncertain, with conflicting opinions among analysts. Some see a bright future for the asset, predicting it will double in value by 2025. This optimism has been fueled somewhat by the election of Donald Trump, who promised to transform the United States into a hub for crypto assets.

For example Standard Chartered Bank It is expected that Bitcoin could reach $200,000, driven by growing interest from institutional investors.

analyst Gert van LagenEven bolder, however, is the prediction that Bitcoin will reach $300,000 by March 30, 2025, based on the Elliott Wave Theory, which analyzes repeating market cycles.

But not everyone is optimistic. Bitcoin is currently below the $100,000 mark, with some analysts such as Ellen Santanathey are worried. They fear that if the asset continues below this level, it could slip to $40,000.

Overall, assuming Trump supports the cryptocurrency industry as he promised during his campaign, Bitcoin could surge further, driven by enthusiasm for a clear regulatory framework that could attract institutional investors.

At the same time, pressure is growing on major companies to put some of their reserves into Bitcoin as a hedge against inflation. After Microsoft shareholders rejected the idea, attention turned to Facebook’s parent company, Meta.

In fact, one shareholder has proposed allocating a portion of Meta’s $72 billion liquid reserves to Bitcoin. If the proposal is accepted, Meta could become one of the first large traditional companies to hold Bitcoin, a move that could give a strong boost to the asset’s price.

Bitcoin Price Analysis

Bitcoin is currently trading at $93,026, down 1.28% in 24 hours. It is also red in other pictures. The cumulative decline in the past seven days was 6.26%, and the cumulative decline within the month was 8.58%.

Bitcoin price weekly chart. Source: CoinMarketCap

Bitcoin consolidation as investors eye new presale projects

As Bitcoin continues to consolidate around $93,000, bulls and bears prepare to battle for the next move, and investors are also eyeing other new pre-sale projects that may offer growth opportunities protected from market volatility.

one of them is Wall Street Invitation ($WEPE). The project began pre-sales in early December and exceeded expectations, raising more than $47 million.

$WEPE is not just a meme coin, but a project with real use cases. Token holders have access to an exclusive community called $WEPEArmyAs well as unique resources including advanced trading strategies, alpha signals and weekly competitions. It’s all about helping investors better navigate the cryptocurrency market and make the most of opportunities.

Community Weep We are growing every day thanks to the mutual support of our members who support each other in their pursuit of success.

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