What Experts Anticipate Following The Jump Toward $85,000

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Like Bitcoin (BTC), the main cryptocurrency, claims the crucial sign of $ 85,000 on Monday, the best analysts are projecting greater volatility on the market for next week.

Bitcoin Eyes Key Liquidy Zone above $ 90.000

Crypto Analyst crypnuevo has provided insights in a recent Social media update Site X (previously Twitter), underlining that despite the chaos that surrounds the rates and potential market manipulation, there are key databases and trends to be monitored.

The analyst highlighted the importance of liquidity and the action of prices in the days to come, noting that the liquidations are mainly concentrated in the rise range between $ 90,000 and $ 91,500, psychological levels for many traders.

With Bitcoin who earns 7% on the weekly period, the potential to face these liquidity areas may be predictable, further recovering from recovery from The cryptocurrency accident towards $ 74,000 Expert last week.

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Crypnuevo also said that the current liquidation delta is relatively balanced, with about $ 15 billion in long positions to maximum liquidity. He suggested that a threshold of over $ 25 billion in liquidations would guarantee greater attention.

The ideal scenario of the analyst for next week includes the compression of the prices between the 50 -day newspaper and weekly Furniture exponential furniture (Ema), now placed at around $ 86,000, which could lead to a significant expansion of the price.

Increase in the formation of the wedge

Analysts often look for models in market behavior and Crypnuevo hypothesized that a third back could occur, following the trend of the market to move in three.

The analyst claims that this would further compress prices, potentially leading to a more aggressive breakout later. Has identified a key Mid -range support line At $ 81,000, suggesting that, although this scenario may be slightly less likely, a possibility remains.

Bitcoin
The BTC mid -range support line in the 4 -hour table. Source: Crypnuevo on X

Another important analyst, Ali Martinez, echoed to these feelings on social media, Identification The critical support level for Bitcoin at $ 82,024, where about 96,580 btc had previously been accumulated.

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This area could be of key support for the cryptocurrency in the case of Crypnuevo scenario of further tests that take place in the next few days for the price of BTC.

However, Ali Martinez also underlined On social media that BTC could form an increasing cuneo model, which could indicate a potential test of the support level of $ 79,000.

Bitcoin
The daily graph shows an increase in BTC prices above $ 85,000. Source: btcusdt on tradingview.com

While Bitcoin (BTC) is currently exchanged at $ 85,000, it remains even more than $ 21% to a maximum of $ 109,000, which was reached in January of this year.

However, with the current market feeling By indicating a renewed sense of reproach, this gap can quickly fill during the month.

First floor image from Dall-E, TradingView.com graphics

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