The last Bitcoin price disaster took Surprised the whole marketleaving stubborn investors returned in losses. In particular, in the case of Bitcoin, she lost the abutment at a price level of USD 90,000 and expanded the failure Many cryptocurrencies.

REKT Capital technical analyst identified this withdrawal as a minus deviation in the scope of re -accumulation, Indication of potential market changes In the coming weeks.

Bitcoin decrease below $ 90,000: necessary reset?

Bitcoin break below $ 90,000 in the last few days means that the first time Trade below this level from November 2024. After months of tough momentum, Bitcoin began to consolidate below the price of $ 100,000, spending most weeks on trade between 90,000 and $ 100,000.

This phase of consolidation, although disturbing for some investors, has been interpreted by some analysts As a natural part wider Bitcoin market cycle. Rekt Capital cryptographic analyst indicated That bitcoins often accumulate phases again during bull cycles, enabling the market to reset before the next leg up. According to its assessment, the current price movement is in line with historical trends, in which Bitcoin sets the accumulation floor before the next rally.

Interestingly, bitcoins Last break below USD 90,000 is part of this phenomenon of reasons for reasons. Rekt Capital describes this as a “minus deviation” below the low range, which is a multiple bitcoin model in previous cycles.

What can be expected from the next BTC movement

The re -accumulation phases are usually emphasized by buying pressure among several whales and retail investors, while the larger market is still selling. According to Chain data The Analytics Glassnode platform, some of the long -term Bitcoin owners remained unmoved by the last price disaster. In fact, the latest sale presented them with a key opportunity to accumulate, and these long -term addresses augment the total number of Bitcoin Holdings by 20,400 BTC in the last 48 hours.

The future Bitcoin trajectory will depend on how reacting in this area of ​​re -accumulation. If Bitcoin successfully recovers USD 90,000, it can confirm that below the break was simply a shock before the next profits. A robust reflection from this level would probably ignite the stubborn mood, potentially paving the way to a significant break above 100,000 USD.

However, an extended decrease below USD 90,000 can be very destructive for Bitcoin and its long -term owners who are currently accumulating in the Reaccumulation zone because there is no Many support levels To support any inheritance trend to the price level 70,000 USD.

At the time of writing, BTC trads USD 88,628, which reflects the drop in 7.5% in the last seven days. However, the cryptocurrency showed early signs of stability, enriching about 2% after reaching a low level of USD 86,867.

A distinguished picture from Adobe, chart from TradingView.com