Bitcoin is currently working in a standardization stage after a strong, multi -tech that started in April. After weeks of increased fluctuations and pressure pressure, BTC managed to maintain higher stability than critical support levels, while maintaining the broader bullish narration alive. Some analysts argue that this flexibility highlights the strength of the current market structure in Bitcoin, and even indicates that a batch beyond the levels at all can be on the horizon in the coming weeks.
Although uncertainty and a cautious feeling, their owners are still in the long run and institutional flows in providing a basis for the stability of the bitcoin price. Although short -term corrections remain possible, the broader market remains optimistic that BTC is preparing for another higher leg.
Cryptoquant Crypto Onchain analyst recently participated in Bitcoin TFT AI’s expectations, which indicate BTC trading in a neutral range mostly for the next month. According to the model, Bitcoin is likely to remain around the current levels without sharp outbreak or collapse in the short term. This enhances the idea that market It is the digestion of its last gains before trying another step.
Bitcoin AI’s expectations indicate a high uncertainty
According to the timeline adapter ((TFT)) Artificial intelligence expectations, Bitcoin is expected to circulate within a neutral scope in the coming weeks, although uncertainty is increasing sharply. The model puts the current Bitcoin price at $ 110,669, highlighting a decrease of 1.1 % to 109,451 dollars during the next seven days. If we look forward, you expect 30 days expectations of 1.72 % to $ 108771, which enhances the idea of monotheism instead of bullish or declining collapse.
However, the most important signal is the modest negative expectations, but the sharp opening of the periods of confidence. Typical uncertainty climbs above 50 % by the end of the prediction period, indicating high risks and the possibility of severe fluctuation. This uncertainty opens the door for multiple scenarios.
The main scenario, which brings together Wavenet and TFT models, indicates that Bitcoin will keep within the 108,000-120,000 dollar channel, which is likely to dominate the first three weeks of September. Sudden scenario, however, can appear in the last week. In the event of a strong catalyst or a sudden shift in the feeling, the high uncertainty can be translated into an explosive step – either as it is like new levels or sharp recovery.
While the market faces slight pressure in the short -term sale, the last week of September may be decisive, as fluctuations were set to determine the big step for Bitcoin.
Support test within continuous monotheism
Bitcoin scheme for 3 days BTC trading at $ 112,146, which leads to a recovery of 1.77 % after the last fluctuations. The price remains in a standardization stage after rejection from the highest level ever near 124,500 dollars. It is worth noting that Bitcoin defended the $ 110,000 support zone, which was a ground during the recent decline.
The moving averages highlight the structure: SMA for 50 days at 107,765 dollars and SMA for 100 days at 100,647 dollars providing strong support in the medium term. Meanwhile, SMA remains for 200 days at 81,576 dollars much lower, reflecting the broader upholstery cycle of Bitcoin despite the short -term vulnerability. The adherence over the average 50 days is a key to confirming the elasticity of this upward trend.
The immediate resistance lies in $ 115,000, the bitcoin level has failed in its recent attempts. A successful penetration over this area can open about 120,000 – 123,000 dollars, where ATH sits. On the contrary, the failure to maintain $ 110,000 can lead to more negative side, which is likely to target 107,000 to $ 105,000.
Distinctive image from Dall-E, the tradingView graph
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