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WITH Bitcoin [BTC] The market participants float close to their ATH and wonder what will continue to be the largest cryptocurrency in the world.
According to Bitcoin’s songs to the stream (S2F), the current cycle still has enough space on the legs. In fact, the price of bitcoins in the history of the S2F curve, the latter now suggests a potential price increase.
It is worth it, Bitcoin is still under the expected trend, which means that the peak of the cycle has not yet been met. The error of the error further indicated that BTC could be underestimated, with respect to the model.
If history was repeated, Bitcoin could gain significantly in front of its peak.
In addition to being the best, bitcoin has recently become a bull. In fact, the BTC clearly broke over the long -term descending senidle, which previously acted as a resistance that had limited the price since 2024.
After the repository, the crypto managed to re -test this zone at about $ 10, every time as support. This mentioned the legitimacy of escape.
In addition, the bull repeated test was accompanied by a large reverse MACD, while the MACD line exceeded the signal line three times in the last three months. Every time it led to upstairs included.
The latest crusover crypt corresponded to the thrust of up to $ 109,000. Its histogram stripes also strengthened bull momentum across the album.
Finally, the MACD shift emphasized the small sales pressure on the previous sales pressure. When combining all these signals, this would mean that the sentiment on the market reversed in favor of bulls.
In fact, bitcoins could have a chance to rework the old maxima again and break new prices over the existing.
But this is not all when a wave of liquidity grows sharply, as the global chart M2 called. M2 has always left before the Bitcoin assembly.
The fact that the time dislocation of printing places bitcoins per M2 of about 11 weeks means that the crypto market can be ready to play catching up. Especially if liquidity more and more trends.
In support of this possibility, Binance has registered an increase in its net recipient over $ 100 million, according to Cryptoquant. Such a Uptick indicated signs of bull purchase activities before American wages.
Now most of the historical trends indicate this Bitcoin It can continue its ascent, similar to M2. However, the above stagnation indicated that there may be some concerns by investors.
Extended liquidity and strong macroeconomic allusions can awaken a new bitcoin boom.
To determine how the market goes in a short and medium term, it will be necessary to monitor the movements of the on-thee and macro indicators.