Bitcoin can see a “brief crowd”: here is the reason star-news.press/wp

Main meals:

• Bitcoin price is $ 110,000, but the low purchase demand indicates that the upward trend may be limited.

• FOMO high retail and RSI sign indicate the potential correction of the BTC price.

The Bitcoin (BTC) price formed a series of the highest levels and low declines in the time frame for one hour since it reached the highest level in three weeks of $ 110,300 on Wednesday.

With the end of the weekend, BTC PRICE failed to separate from the highest level ever at $ 112,000.

What keeps bitcoin less than $ 112,000?

The price of Bitcoin has increased by 5 % over the past 48 hours, reaching the highest level per day 110,392 dollars on Thursday, for all data from Cointelegraph Markets Pro and Tradingvief.

Despite this performance, the ability to pay above the highest levels ever at $ 112,000 is currently limited due to the absence of buyers.

The size of the Delta Metric from Bitcoin, an indicator that measures the net difference between buying and selling trade sizes, reveals that the net purchase on the stock exchanges is still negative even as the BTC price attempt.

Related to: Bitcoin may press $ 116,000 in July amid a “perfect storm” of macro stimuli

This indicates that there is no momentum, which leads to withdrawal or standardization if the pumps driven by derivatives dominate without immediate market support.

“BTC erupts, but where is the immediate demand?” He said Swiss market data resources techniques in the latest post on X, adding:

“Without real demand, the collapse is working on fumes. We need buyers to keep the price out of prices.”

Look forward, K33 search Indicate The sizes of stains tend to be much lower than June to October compared to the remaining period of the year, as July was historically one of the most quieter months, which represents only 6.1 % of the annual size. This can stop the BTC attempt to strike new standards in the next few weeks.

K33 Research Books:

“Although July 2025 brings potential stimuli, including the Trump Budget Bill, Customs Tarry Decisions, and an executive date for encryption, seasonal patterns indicate that markets may continue to drift in low size, low -size country and low needs despite the background of crowded news.”

As Cointelegraph mentioned, the Bitcoin price needs a new demand from immediate buyers to get out of the current range to the discovery of prices.

The BTC price can see a “brief stop”

Bitcoin’s height to $ 110,000 has sparked intense, with retailers who feed calls for high prices, according to the Onchain Santiment data provider.

“The encryption crowd has officially turned from FUD to FOMO after Bitcoin rose to 109.8 thousand dollars,” the company He said In Thursday’s publication on X.

However, the morale of the encryption market is currently In the “Granding” area in 73Often it indicates a contradictory step.

Historically, when retail merchants appear excessive optimism, the markets tend to reverse or stop while benefiting from professional investors in excessive conditions in the peak.

If it is accompanied by high trading sizes and speculative bets, then this feelings driven by greed can lead to temporarily amplifying prices, which leads to withdrawal.

Bitcoin, or RSI, is located near excessive conditions in the peak in four out of six time frames. This indicates that the price enters the exhaustion area, which allows a potential correction in the shorter term.

While Bitcoin tries to break 110,000 dollars, the current euphoria indicates a short stop or unification as there is likely to have a “reunification” of retail fragmentation in the market, and may stabilize before the resumption of the upper direction.

Santime Books:

“Prices move against the behavior of retail merchants, so don’t be surprised by a brief gathering while greed is high.”

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.