Bitcoin – Why BTC is not in the price bubble, despite the recent fluctuations star-news.press/wp

A recent report from an Arabic series on Cryptoquant The most prominent how Bitcoin is closely tracing its long -term growth pattern based on the theory of energy law.

This model indicates that the price of bitcoin increases over time in a predictable Logographic manner – which constitutes a steady upward curve instead of irrationally reversion.

Source: Cryptoquant Quicktake

The Energy Law index measures the current price for this expected path.

When comparing the previous bitcoin courses in the current self, it is clear that the price has not yet entered the bubble area and has still had a room for growth.

According to the latest reading, Bitcoin is placed on the long -term trend line, but it is still much lower than the root Top Watch (Red).

This indicates the disciplined organic growth and leaves the field for more upward trend.

Sths leads market fluctuations

Data on the series from Glass knot It has shown that 85.5 % of the Bitcoin size that has been spent over the past 24 hours came from Sths, amounted to $ 18.24 billion.

On the contrary, LTHS represented only $ 3.10 billion, or 14.5 % of the total spent.

Source: Glassnode

This imbalance indicates that the current wave of sale is led by new participants, and not for a long time. Long -term condemnation in bitcoin is still sound.

Stable, but indicators show mixed signals

At the time of the press, Bitcoin hovers about $ 113,545 after a short decline from its last level near 118 thousand dollars.

The daily RSI decreased to 42.91, indicating the weakening of the upscale momentum, but it has not yet entered the sale area. OBV also went down, reflecting a decrease in purchasing pressure over the past week.

Source: TradingView

While the price runs a slight rise during the last daily session, the market momentum remains cautious.

The general pattern indicates that Bitcoin was cool from its last gathering, but it does not collapse; Watching with the narration of the ripe disciplined market.