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This week Bitcoin (BTC) has recovered from his recent decrease in the $ 100,000 level and tries to support the crucial resistance of $ 108,000 for the fourth time. When we approach the second half of 2025, a market keeper shared his prediction for BTC.
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Bitcoin sees the transition period
Thursday, analyst stretches Capital shared A route map for BTC for the rest of the year. He noted that this cycle was ‘really a cycle of re-accumulation rouses’, in which it is explained that they have formed during the cycle since the end of 2022 and halved since the Bitcoin last year.
In the pre-having period, BTC registered short price deviations with downward wispers under the Hercumulation OK LOTTPPRENTS in the weekly graph. In the meantime, the Bitcoin abnormalities can have occurred with several weeks of clusters of full candles under the lows.
After his first price limitation, which lasted approximately seven weeks, BTC, for example, went within his re-accumulation rig for approximately ten weeks. Subsequently, it changed to the first price discharging correction, whereby it recorded a downward deviation of nine weeks under the reach of the range before he broke out and gathered beyond the reach to a new ATH last month.
The earlier versions suggested that BTC was ready to introduce his second prize determination. But as Capital Detailed, a transition period has taken place for the first time, whereby the price consolidation around the high area of the racing area is a high area.
According to the analyst, this is “perhaps the first time that we see a deviation under the reach high”, making this area a crucial level to switch to a new upward trend.
We never really had to withdraw, perhaps, until that final corrective period, which would last several months, but each re-accumulation oak would see quite a bit of advantage, and that advantage would be very quickly and not a real retest after the collapse, not real pausing. What we see here is something very, very different.
Weekly close key for the future of BTC
Based on the new transition period, the most important level for Bitcoin to recover in the weekly period of time is the support of $ 104,400, which it had almost seven weeks before the recent pullbacks. This level was lost after BTC was closed underneath last week and “should not be a resistance level.”
For the analyst, it is the key that this week’s close to the price repair, because it would position the cryptocurrency for a retest and confirmation of $ 104,400 as support and continues the basis around this area to switch to the next several weeks of discovery.
Capital added that the timeline for the next BTC rebellion depends on the length of the new transition period. However, he believes that it will take “a little longer” to break out.
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Moreover, he suggested that what comes after the upcoming uptrend will also depend on how long it takes, because this can lead to an extensive cycle or an extension of this phase, which could push the Cycluspiek in deeper stages of 2025.
Nevertheless, the analyst confirmed that it is crucial that the next corrective period, which Bitcoin could see between 25% to 33%, is short to possibly enjoy a third price discovery for the Bears market.
BTC is currently being traded against $ 107,555, an increase of 3.2% in the weekly period.
Featured image of unsplash.com, graph of TradingView.com