Tag: growing

• The 10% weekly gain marks Bitcoin’s strongest movement in weeks.
• The benefit/loss ratio is about 1.0, suggesting a possible break.
• The feeling of greed reaches its highest level since November 2024.

Bitcoin has exceeded $ 90,000 after five weeks of lateral operations, reviving enthusiasm in the cryptocurrency market.

At this time, Bitcoin is quoted about $ 94,680, registering an increase of more than 10% during the last week and approaching the crucial resistance level of $ 95,761.

Fountain: Coinmarketcap

Investors are watching closely, since a movement above this threshold could place Bitcoin on a clear path to the milestone of the $ 100,000.

However, feeling indicators also show signs of overheating, with greed levels among Bitcoin holders reaching their highest level from the night of Donald Trump’s elections on November 5, 2024.

Although the impulse remains positive, market conditions suggest that Bitcoin faces a delicate balance between maintaining its rebound and avoiding a setback driven by feeling.

Merchants, analysts and institutional investors are closely following how Bitcoin will behave near these key technical levels in the next sessions.

Bitcoin’s rally advances as the P/L ratio approaches 1.0

Bitcoin’s macro impulse is strengthening as the profits/losses (P/L) approaches the neutral mark of 1.0.

A proportion of 1.0 reflects an equal number of currencies in profits and losses, which indicates a healthier and more balanced market structure compared to previous periods of extreme losses.

Historically, this level has acted as a strong resistance during the bearish cycles, but a successful movement above it could clear the way for a continuous rise and a renewed investor’s confidence.

Even so, an almost neutral P/L relationship usually generates volatility. Investors who reach the equilibrium point or modest profits can be tempted to sell, which generates sales pressure even when the general feeling remains positive.

Bitcoin’s capacity to maintain his strength will depend on whether the holders remain compromised while the price proves new maximums, especially because short -term operators seek fast profits.

The growing greed highlights the risks for Bitcoin

The feeling of investors around Bitcoin has become much more optimistic.

Social networks data show an increase in upward publications, with current optimism levels comparable to those observed on November 5, 2024, when Donald Trump was chosen.

The trade forums, the media on cryptocurrencies and the Blockchain social analysis platforms have reported a remarkable increase in the volume of positive comments on Bitcoin, which reflects a generalized optimism.

While this growing trust drives Bitcoin’s rebound, it also entails the risk of a maximum driven by feeling.

When investor greed reaches its maximum point, markets usually experience abrupt corrections since operators rush to ensure profits.

Bitcoin’s price trajectory in the next few days will depend largely on whether investors continue to maintain their position during volatility or trigger a gain wave.

Maintaining the impulse above key resistance levels could avoid deeper correction, but the margin of error seems narrow.

Resistance and support areas in the spotlight

The immediate resistance of Bitcoin remains at $ 95,761. A decisive rupture above this level could accelerate profits, putting Bitcoin on the way to reach the psychological barrier of the $ 100,000.

Persistent greed among merchants could discourage profits and, on the other hand, boost prices even more if the impulse remains strong, creating the potential for an explosive rebound.

If Bitcoin fails to maintain its levels and falls below $ 93,625, the risk of a setback increases significantly.

A greater fall towards $ 91,521 could weaken the bullish impulse, while a deeper fall towards the $ 89,800 could extend the Bitcoin consolidation phase, which possibly leads to a reevaluation of bullish expectations.

For now, Bitcoin’s next steps will probably depend on a combination of technical ruptures, more broad market feeling trends and liquidity conditions.