Bitcoin To Continue Sideways Move, Is The Market ‘Satiated’? Trending Global News

As the first month of 2025 has ended, Bitcoin (BTC) is moving forward within its later election price range, but two historic closing are with candles. Some analysts weighed in the market state, suggesting that it could be satisfied with good news for time.

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Bitcoin near historical monthly candle

Despite the recent reforms, Bitcoin is moving within the $ 90,000-$ 108,000 range since December 2024, its price for this period is consolidated within the middle region of the range.

Some analysts have reported that Flagship Crypto has performed a good performance this month, not away from a prolonged mark of $ 100,000. In addition, recovery of its recent $ 104,000- $ 105,000 range is setting the platform for a historic monthly and weekly candles.

As mentioned by analyst Rekt Capital, Bitcoin is the first time away from closing the month above $ 100,000 barrier and “print a new monthly candle to confirm the breakout from your monthly bull flag.”

Additionally, can bitcoin Look A “historical weekly close” if it ends over $ 104,416 week. According to the analyst, similar closure over the major weekly resistors at this point of the cycle is historically continuously “continues for the new all-time high”.

However, Rekt Capital has also stated that BTC is most likely that it is preparing for the second phase of its post-hilling emergency phase, which suggests that a new price search rally can start from mid-February. Is.

The second leg has historically begun around the 16th week of the emergency phase, while the analyst explained, while the BTC is currently in the 14th week, the first price is recovering from the search reform.

Based on this date, the flagship Crypto is expected to gear up to the rally for another week, and investors are advised to be “patient Hodl” BTC.

Has Crypto market’s confidence been shaken?

Another market seer noted This bitcoin “stuck in anger for some time,” saying that he was expected to see some speed speed after FOMC news. The businessman believes that the lack of significant value movement suggests that the price of BTC will be “for the next few days.”

Recently, the major research analyst in Nansen, Oreli Bartere weighed in the current state position. Barthar suggested The market seems to be “satisfied for now”, as most of the recent bullish news have been ignored.

The report highlighted the latest regulatory changes, including the Executive Order for O overturns of SAB 121 and an American crypto stockpile, “extremely fast” and possibly a comprehensive crypto adoption.

Additionally, the Department of Government Efficiency (DOGE) led by Elon Musk is allegedly considering public blockchain to track and manage public expenses. However, this news has been ignored and then “price action has been reduced by BTC and the rest of Crypto Market.”

This suggests that the market is satisfied in a moment and “more reactive to negative emotion than positive news.” Barthere told how the Deepsek-Trigger Pulback turned into a crypto market from Monday.

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Depending on the price and volume action just after the shakeout, the analyst noticed that “the confidence of the buyers was somewhat shaken, resulting in a coward recovery in the beginning.

However, unlike other high-bit tokens, Bitcoin had a shallow and brief intra-day cell on Monday, which shows an interesting level of ‘spread’ between the tokens, still with BTC this new, still this new, Dear token of policy-operated, market environment. “

Specially displayed image from Unsplash.com, chart from traoodingview.com