TL; Dr
- The BTC price was recently, but one of the well -known analysts recommended that people seize the opportunity to achieve some profits.
- Strong flows in immediate traded investment funds and negative exchange supports that the thesis of the upward trend, but “extreme greed” indicates an increasing danger of reflection.
Important advice
Bitcoin (BTC) has ranked the lead in the past few days, with the price exploding to the highest new level ever, which is approximately $ 112,000. Historical peak Get On May 22, a known history of the encryption space as BTC Pizza.
Despite the restoration of less than 109,000 dollars after the threat of a renewed tariff war between the United States and the European Union (the European Union), the primary cryptocurrency is still good in green on a weekly scale.
However, some analysts, such as the X Merlijn Trader user, Urging Investors to take some profits, not just the screenshot in historical plans because they “will not pay bills.” He also claimed that “legendary gains” can turn into a “legendary remorse” for those who miss the current opportunity.
Unlike his guidance, the analyst suggested that BTC has more remaining fuel before moving to the bear market. He imagined a pump of up to $ 200,000 in the following months, as the original is preparing to enter the “distribution stage”.
Among the other participants in the popular industry who expelled the matter recently is Rekt Capital and Kaleo. the previous Argue The bull market has been completed in BTC by 86 %, which means that the potential exhaustion point is not far away. The latter was more optimistic, simply Claim The goal of more than $ 200,000 is a “magnet”.
Monitor some basic indicators
There are many factors that indicate The original has a much larger space for growth in the short term. Let’s focus on flows in Spot BTC ETFS, for example.
Data collected from Sosovalue He appears Over the past few days, capital has entered into this funds more than his exit, indicating the increasing confidence of the investor. The total Netflow on May 22 is more than $ 934 million, while the last day in which Netflow fell below zero on May 13.
We move to Netflows Exchange, which was mostly negative last month. This indicates a trend of central platforms towards self -friction methods, which can be considered an upward element because it reduces immediate sale pressure.
In addition, encrypted analysts to examine Spot Taker Voluty Delta (CVD) for 90 days to estimate the purchase orders Once Once again, the sale orders outperformed. This indicator measures the balance between aggressive buyers and sellers, and the recent shift indicates that the purchase pressure began to build again.
However, not all sunlight and rainbows. Earlier today, the famous BTC Fear and Greed Index rose to the “severe greed” area for the first time since January. The measurement analyzes various factors, including price fluctuations, social media activity, and scanning responses, to measure them Current The feelings of the investor towards the leading cryptocurrency.
Although the optimistic mood often may seem promising, it is important to remember that the encryption market is largely unpredictable, and prices often move in the opposite direction of what most of them expect. People also have to Consider The famous Warren Buffett advice, from Once they said they “should be afraid when others are greedy and only be generous when others are afraid.“
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