Will the price of bitcoin decrease again? star-news.press/wp

Main meals:

• Bitcoin faces strong resistance near $ 106,000 – $ 108,000, with a risk of about $ 100,000.

• RSI is a deeper correction.

• Increased NUPL signals increasing profit, echoing pre -correction stages.

Bitcoin (BTCA side trading has been trading in a 500 -dollar narrow range since it reached its highest level of $ 112,000 on May 22. The lack of bullish momentum for more than three weeks raises doubts about the power of the current assembly.

Decrease about $ 100,000 by the end of June?

Bitcoin joking with negative side fluctuations after failing to stick to the main resistance level A mark has been placed As necessary to maintain upward momentum.

His plan shows that the latest attempt in BTC was rejected immediately after the 106,000 resistance test, which led to a series of long qualifiers and the price again paid about 104,000-105,000 dollars.

The failed loser mimics the price structure earlier this month when a similar rejection led to a sharp decrease of about $ 100,000.

If BTC loses a sign of $ 105,000 again, it may review the liquidity raising of $ 100,000 by June, which provides what Van De Poppe sees as the opportunity to buy, especially if the market aims to eliminate Londsed Longs again.

Classic bitcoin spacing hints to $ 85,000

In addition to the short -term declining bias, the weekly Bitcoin Bitcoin scheme has a classic downset between price and momentum.

As shown, while BTC/USD has formed higher levels in recent months, the RSI has carved its highest levels, indicating the fading of the bullish momentum.

Often this type of difference precedes the repercussions of trend or deep decline, as happened before market peaks 2021 and MID-2019.

If the date is repeated, the BTC can recover towards its SIA average for 50 weeks (50 weeks of EMA; The Red Wave), near $ 85,000 currently. This level was also a major support during the previous rising markets, making it a logical target for any average correction.

Besides the difference of RSI and the failed exit, the NUPL (NUPL) is added to the short -term downward expectations.

Related to: Bitcoin Bollinger Bands ‘Failure’ End of Uptrend at $ 112,000

As of June 14, the scale was approaching the area 0.5-0.6, a level historically linked to local summits.

This indicates that many of their holders are in profit, which increases the possibility of pressure pressure. Such settings were preceded in 2017 and 2021 sharp corrections, which raises the possibility of a similar withdrawal in 2025.

At least 30 indicators, on the other hand, see the peak Bitcoin Bull market at $ 230,000. Some commercial critics also expect the BTC price to reach more than $ 150,000 by the end of the year.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.