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Today's prominent comments and market analyses on Bitcoin (BTC) offer a variety of views, including both short-term and long-term expectations. In general, although there is some uncertainty in the market, the expectation that the long-term bull cycle will continue is overwhelming.
Quietness and Pullback Possibility in the General Market:
* Some analysts state that there is a "calm before the storm" in the market and that there is a high probability of a pullback in the short term. When Bitcoin, Ethereum and Dominance (BTC.D, USDT.D) data are examined in particular, it is observed that the market has lost its upward momentum and some indicators are signaling a pullback. It is also stated that this pullback may affect altcoins more severely.
* In the comments on TradingView, it is stated that weak technical signals in Bitcoin suggest that there may be a short-term correction. The RSI being at 51 points and below SMA14 indicates that momentum is weakening. Closing below the 103,500 level may increase selling pressure and a "Sell" signal may be triggered in AlphaTrend.
Bull Cycle and Long-Term Expectations:
* Many analysts say that Bitcoin is still in the heart of a bull cycle and recommend waiting with discipline and patience until November 2025.
* Some experts say that Bitcoin is in an uptrend in the monthly technical view (1M) and that indicators such as RSI and MACD support this. According to past cycle rates, a peak of $160,000 is predicted if this rise continues.
* General estimates for 2025 are that the BTC price could range between $108,982 and $127,486 and even reach $132,000. This increase is expected to come from institutional investments and technological developments.
* Longer-term forecasts are also quite optimistic. It is expected to climb to $163,053 to $193,650 in 2026 and $234,429 to $280,455 in 2027. Some estimates indicate $200,000 and even $250,000 in 2025.
Technical Analysis and Critical Levels:
* Bitcoin is currently trading around $104,000. For some analysts, the $100,000 - $102,000 levels stand out as an important demand area.
* It is stated that the "cup-handle" formation observed in the daily chart must remain above the $105,000 level for it to work.
* It is stated that the $108,000 level is also a critical resistance.
General Assessment:
Both short-term pullback signals and long-term strong bullish expectations coexist in the Bitcoin market. It is important for investors to be careful in current market conditions, follow technical indicators and prioritize risk management. Increasing institutional interest and continued global adoption stand out as key factors supporting Bitcoin's potential in the long term.