Bitcoin (BTC) has met significant challenges recently, with the Bitcoin price struggling to maintain speed. Despite this, leading crypto analysts such as Bitquant and Kevin Capital believe that the market has not yet reached its peak. These analysts claim that Bitcoin’s price structure indicates further upward potential, even when fear of corrections remains.
Over the past three months, Bitcoin has fluctuated between $ 81,000 and $ 85,000, which triggers concern that the top can already be in. But crypto analysts Bitquant has driven back to this baissal feeling and claims that the top is not yet in and that a hooked conversion can be imminent.
Analysts predict that bitcoin has not topped yet
Bitquant, a prominent crypto analyst, recently took to X (formerly Twitter) to assure the market players that Bitcoin Price Acient does not signal a market top. He pointed out that during the former bull cycle, many believed that $ 60,000 was the top, although the price eventually increased higher.
Bitquant emphasized that the current market lacks the classic “top” structure seen in previous cycles. According to him, when the actual peak is reached, a significant 25% downward will follow. Until then, Bitquant Hausse remains and emphasizes that Bitcoin’s current correction phase is part of a healthy market cycle.
In the same way, Kevin Capital Bitquants echoed and acknowledged that Bitcoin is undergoing a large correction but claims that the top has not been reached. He advised investors to monitor macroeconomic data and monetary policy updates, which can affect Bitcoin’s price track.
Bitcoin price correction can fall to $ 70,000
While analysts remain optimistic about Bitcoin long -term potential, they also recognize the possibility of further short -term corrections. Kevin Capital recently predicted that Bitcoin’s price could fall as low as $ 70,000 if it loses critical support to $ 81,000.
He explained that if Bitcoin violates the “golden pocket” level and continues downwards, the next measured movement targets in the range fall 70,000 to $ 73,000. However, Kevin Capital is still sure that this correction would be temporary and paves the way for a significant price recovery.
Important macrophactors that affect the Bitcoin price
Several macroeconomic events can affect Bitcoin’s price movements in the coming weeks. An important factor is former President Donald Trump’s customs implementation for April 2. Analysts believe that this event can trigger a “buy-new new” reaction and potentially increase Bitcoin’s price.
In addition, labor market data is expected later this week and a significant reduction in the US government debt-which withdraws from $ 25 billion to $ 5 billion dollar-impacting the market term. However, Kevin Capital warned that it remains uncertain whether these macro -actors will have an immediate impact on Bitcoin’s price.
Bitcoin’s long -term views remain strong
Despite the ongoing Bitcoin price struggle, many analysts maintain a hooked view for Cryptocurrency long-term path. Bitquant and Kevin Capital both emphasized that Bitcoin’s price gains often occur in short showers, with significant over voltages that are usually concentrated within a two -week period each year.
This pattern suggests that Bitcoin, despite temporary corrections, may be prepared for another upward leg. Some analysts have even predicted that Bitcoin could reach as high as $ 130,000 at the end of this bull cycle, citing increased institutional assumption and growing demand for digital assets.
Conclusion: Bitcoin Price fighters can lead to a haussey reversal
As Bitcoin price The fight remains, analysts like Bitquant and Kevin Capital remain optimistic than the top is not yet in. While short -term corrections can push Bitcoin down to $ 70,000, the wider market structure suggests a potential Hausse reverse.
Investors should remain vigilant and carefully monitor macroeconomic factors and market development when bitcoin navigates in its current correction phase. With forecasts of bitcoin that reaches $ 130,000 still on the table, this can be a strategic opportunity for long -term investors to gather more BTC.
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