Currently, there are two potential trend analyses in the Bitcoin market. The first viewpoint suggests that the current price of $125,000 may have reached a short-term top. If this is the case, we might be in the final stages of a downtrend, with prices expected to dip to around $105,000. After that, the market may experience a rebound, pushing prices close to $117,000. The other analysis suggests that the current price pullback still belongs to an adjustment phase within the rising trend. According to this perspective, once prices reach $105,000, it could trigger the last wave of rise, with a target price around $130,000, although the actual level may be slightly lower. Both analyses are based on the technical aspects of the market, and investors need to closely follow market movements and manage risks.

BTC-0.85%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
OnChainDetectivevip
· 3h ago
A large number of institutional wallets have started to show fund movements again; the accumulation point of 105k is too obvious, isn't it?
View OriginalReply0
TokenDustCollectorvip
· 09-08 09:42
suckers play people for suckers and continue to plant
View OriginalReply0
consensus_whisperervip
· 09-08 05:11
After consolidating for so long, a breakout is inevitable.
View OriginalReply0
HalfBuddhaMoneyvip
· 09-06 17:50
You say it's a rise, you say it's a fall, so should I just buy at random?
View OriginalReply0
RektHuntervip
· 09-06 17:49
Stop analyzing, just buy the dip and it's done.
View OriginalReply0
notSatoshi1971vip
· 09-06 17:46
130k shorting entry
View OriginalReply0
GateUser-a180694bvip
· 09-06 17:38
LOL, who can say for sure?
View OriginalReply0
MetaverseVagrantvip
· 09-06 17:38
They have been falling all day, analyzing.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)