Bitcoin potrebbe registrare un rally esplosivo questa settimana

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This week could be crucial for higher-valued cryptocurrencies, according to a well-known crypto analyst. The analyst believes that Bitcoin might trigger a parabolic rally during the current consolidation phase below the $95,000 level.

Recently, an analysis was published on TradingView on January 13th by TradingShot, which observed that the current Bitcoin cycle is mirroring the path of the period from 2014-2017, paving the way for a potential target of $200,000.

As a crypto investor, I’ve noticed the formation of two accumulation phases above the weekly moving average, which could signal potential long-term buying opportunities.

A similar pattern had occurred even before the explosive rally of Bitcoin in 2017, when the asset reached a record high of $20,000. This indicates that a similar increase could happen again under certain conditions.

Moreover, the weekly relative strength index (RSI), which measures momentum, is showing a similar pullback as we saw in January 2017. In simpler terms, this indicator suggests that the market’s momentum may be slowing down or experiencing a downturn, much like it did in January 2017.

These corrections indicate that the asset’s accumulation period is ending and it might be about to experience a significant price increase.

According to the expert, if Bitcoin follows the pattern of 2017, the peak of the cycle might align with a Fibonacci extension of 7.0 from the cycle’s minimum. The asset could therefore reach a price target of at least $200,000 by the end of the current rally, which is expected towards the end of this year.

Moreover, this week is pivotal for Bitcoin as the asset appears to be nearing the end of a pullback before potentially embarking on a parabolic rally.

This upcoming week could be significant for Bitcoin because it seems close to wrapping up a downward trend and may then experience an intense upward surge.

As an analyst, I’m suggesting that the most valuable cryptocurrency might establish a new local bottom around the level of $90,000 USD, providing a solid foundation for significant price growth.

Anche altri operatori di mercato hanno rilasciato delle previsioni simili per Bitcoin.

For instance, Geoff Kendrick, analyst at the financial giant Standard Chartered, believes that Bitcoin could reach $200,000 this year, driven by institutional interest fueled by optimism over Donald Trump’s victory.

Geoff Kendrick, an analyst at Standard Chartered Bank, thinks that Bitcoin might hit $200,000 in the current year due to increased institutional investment motivated by optimism surrounding Donald Trump’s win.

Bitcoin: la resistenza dei 95.000 dollari determinerà la direzione

The ability to surpass the resistance at $95,000 will be crucial for triggering a parabolic rally, whereas a drop below the $90,000 threshold could initiate a bearish movement.

According to analyst Ahmed, Bitcoin failed to overcome the resistance, as predicted. The coming weeks will be critical in determining if the asset can resume its climb towards new historical highs.

Additionally, it was noticed that the asset has been following a well-established pattern, with an interval formed on the 12-hour chart. This range was tested to seek liquidity due to Non-Farm Payroll (NFP) data; subsequently, the asset moved above the $95,500 threshold.

Starting from now, the market has formed a new range, initially focusing on seeking liquidity below it, while attention shifts towards the predicted Consumer Price Index (CPI) data for January 14th.

As a researcher examining this asset, I’ve noticed an expert trader, Peter Brandt, has issued a warning that the asset might undergo a correction below $90,000 before potentially reaching $150,000.

Analisi del prezzo di Bitcoin

 

Currently, Bitcoin is trading at the level of $91,770, with a decrease of 3.27% over the past 24 hours. In the weekly chart, the asset has recorded a loss of 10%.

Right now, a single Bitcoin is being exchanged for approximately $91,770, marking a 3.27% drop in value over the last day. Over the course of the past week, the digital currency has experienced a decline of 10%.

As a researcher observing the Bitcoin market, it appears that the bullish supporters have regained control after the surge above the $95,000 level was overpowered. Therefore, this correction might provide an opportunity for BTC to find support before attempting to break through resistance levels.

Alternativa a Bitcoin

While Bitcoin gears up for a potentially decisive week, innovative projects like Solaxy are capturing investor attention. Solaxy, the first Layer 2 solution on Solana, is still in its presale stage but has already amassed over $10 million.

Solution L2 is designed to tackle one of Solana’s main challenges: the congestion of its blockchain. By utilizing Layer 2 technology, Solaxy enhances Solana’s performance without sacrificing its security and integrity.

Or simply: Solution L2 addresses Solana’s blockchain congestion using Layer 2 tech, improving Solana’s speed while maintaining its security.

Moreover, Solaxy stands out for its multi-chain nature, designed to leverage the potential of two of the most influential blockchains: Solana and Ethereum. By combining the speed and scalability of Solana with the security and liquidity of Ethereum, Solaxy creates an ecosystem aiming to efficiently address the growing demands in the DeFi sector.

 

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2025-01-13 20:12