Among the Online Feud, Trump-Musk Bitcoin (BTC) floated in the central and low areas of the local price range, reaching the lowest level near support of $ 100,000. However, some analysts suggest that the cryptocurrency is preparing for the “real” price jump towards Up-to-date Time (ATH)

Bitcoin is preparing for a “real breakthrough”

Over the past 24 hours, Bitcoin has experienced a significant variability driven by considerable online between US President Donald Trump and Tesla and the owner of X Elon Musk. The price of flagship cryptography beaten on Thursday afternoon after a decline of over 5% from USD 105,000 to support USD 100,000.

Before withdrawing, BTC tried to regain its local average range after the last performance. In particular, the cryptocurrency traded sideways after the ATH rally to $ 111,980, floating between USD 106,800 and USD 109,200.

However, the cryptocurrency lost the key support of USD 106,800 in the market with the withdrawal of the market last week in which Bitcoin fell to USD 102,000 over the weekend. Since then, BTC has been trying to recover current levels.

After yesterday’s decline, the largest cryptocurrency of market capitalization increased by 4.5%, increased above USD 104,000. CRYPTO Trader Coinvo emphasized the annual BTC chart, pointing to a similar -looking price campaign in 2024–2025.

According to the Bitcoin chart, he registered his first enormous pump after regaining the annual opening level, consolidating in a modern range for several weeks before climbing at ATH in the first quarter of 2024.

This year, the cryptocurrency had similar performance, although delayed, after regaining the annual opening range and increased to the first major price boost in May.

Similarly, analyst Alex Clay suggested The fact that Bitcoin is preparing for a “real breakthrough” after re -resistance in the range of range in Q1 2025 and “false” breakthrough last month.

For the analyst “we caught the liquidity below the broken supply zone. Now I am looking for a real breakthrough” towards the 120,000 USD mark.

BTC price for two weeks?

Codesty excellent that Bitcoin shows a 3-week stubborn drooping wedge, and the lower limit was at the level of $ 101,000. After a recent decrease in the price, BTC has affected this area and may break free from the pattern if it regains the $ 105,000 barrier as support, focused on levels of USD 118,000-120,000.

Meanwhile, the Daan Crypto market observer trades Highlighted That its price is again celebrated in an average range, near the monthly opening price. For the trader, “it is quite safe to assume that this high range/falls are a good trigger for all major trends” because BTC has “relatively high traffic at the beginning of the month”.

As he explained earlier, Bitcoin tends to set a monthly high or low level in the first week of the month, and then reversing in the opposite direction and continuation of the trend to start the modern month.

On this basis, he warned that if the price drops below yesterday’s falls, it would continue the tendency for the next week or two, showing “weakness and confirmation of a greater correction.”

Nevertheless, if the price increases above monthly maximas, about USD 106,200, “correction is more likely and there is a high probability that we will face the highest levels and more.”

“A good chance that we have been dealing with this area for some time, without breaking any of these levels,” he concluded.

Since then, Bitcoin has traded at USD 104,224, which is an boost in the number of times by 2.6%.

A distinguished painting with unmplash.com, chart from tradingview.com