Can Bitcoin reach $ 200,000 in the fourth quarter? – 4 signs say yes if … star-news.press/wp

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Bitcoin’s correction is 7 % July, at a value of 123.4 thousand dollars. BTC tests the power of the winds of Tailwinds Q4, such as scales on the series like Netflow, NVT and OTC Flash Flash Earlish Bullish.

Bitcoin (BTC) He reached its highest level at $ 123,400 in July, but he regained 7 % to $ 114,000 at the start of August, amid technical corrections and pressures.

Historically, Bitcoin flourished in the fourth quarter, and this seasonal force may appear again.

At the same time, the Binance’s Stablecoin reserves remain high, suggestion High -bending capital awaits the re -insertion of the market. This alignment of technical and basic stimuli determines a favorable stage.

However, with the saturation of the broader market and mixed feeling, it remains unintentionally if Bitcoin can continue the price discovery journey about 200,000 dollars or a combination of integration.

Are investors preparing to mobilize the Q4 through consistent Bitcoin flows?

On the fifth of August, Bitcoin has recorded $ 21.49 million in the exchange of outward flows, and the continuation of a long -term series of negative Netless since mid -April.

Historically, sustainable external flows indicate a strong accumulation by holders, as exit from metal currencies for long -term storage.

This trend reduces the pressure of the sale side and often precedes the bullish gatherings. However, with the delay in price procedures, the upscale issue remains unconfirmed.

Accumulation without a request is just marginalizing the offer. Traders will need to see the follow -up before contacting the bottom.

Source: Coinglass

Is this hint on the power of the renewable network?

At the time of the press, the NVT ratio in Bitcoin decreased by more than 32 %, and settled at 29.2, indicating a stronger compatibility between the value of the network and the actual treatment.

The NVT projection ratio indicates that the current evaluation is more justified by the chain’s utility instead of speculation.

Historically, such decreases were a few rituals of price expansions, especially when the increasing demand is accompanied. However, this signal requires context.

Source: Cryptoquant

Do miners from bitcoin workers indicate confidence by maintaining low historical assets OTC?

OTC balances of mines fell to only 147.5 kb, which is its lowest level in years, indicating extreme caution in the sale.

This pattern indicates that miners are not keen to spend at current prices, and it is often interpreted as a long -term emerging sign.

When miners reduce the pressure pressure, it reduces liquid supply on the market. This is in line with historical trends as similar declines preceded the main running.

However, the request must intervene to take advantage of this supply reduction. Otherwise, dilapidated metal currencies alone may not be sufficient to raise the market significantly.

Source: x

Did the market feeling finally recover after months of turmoil?

Positive feelings of Bitcoin turned positively, resting at 0.186 at the time of the press after months of volatile fluctuations.

This moderate recovery reflects cautious optimism among merchants. Feelings nails were in May and June short -term, which hints in a reactionary market still sensitive to external operators.

However, the recent stability can be a sign of rebuilding gradual trust. However, it should be continuous due to prices.

Therefore, feelings may improve if Bitcoin bears higher than the main support areas in the coming weeks, especially with the approaching Q4.

Source: Santime

The bottom line, while multiple signals on the series prefer a bullish continuation, including NVT decrease, display restrictions from miners, and consistent outflows, the upcoming bitcoin stem depends on demand and a sense of revival.

If the stable and seasonal stablecoin reserves in Q4 are translated into real market procedures, BTC can resume the discovery of prices about 200 thousand dollars.

Otherwise, the saturation of the market and the frequent feeling may stop the assembly.