Bitcoin reflects to 84 thousand. USD – Analysts say that the BTC failure was the final buy signal

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The price of Bitcoin (BTC) dropped by 21.3% between February 21 and 28, re -supplementing the level of 78 300 USD for the first time since November 2024. The correction led to over $ 1.6 billion in the length of liquidation (purchase), increasing market variability, because replacements sold. The decrease by USD 21,210 was the largest seven -day decline in Bitcoin history.

Despite the withdrawal of several analysts, Bitcoin considers it a sturdy opportunity to buy. They quote factors such as regulatory development, exposure to the Sovereign Fund, Onchain signals and technical signals as well as increasing integration with time-honored finances, including the adoption of banks as an offer of security and structural products.

Source: Of course_obv

The user, of course ,_obv, apparently a web3 game researcher with Sigil Fund, said that the current price action resembles a “bear trap” because the Cryptographic Index of Fear & Greed has reached its lowest level since 2022. He also claimed that government entities around the world “intend to buy Bitcoin”, not only the USA

Similarly, Eric Weiss, general director of Blockchain Investment Group LP, shared a digital event report that can augment adoption rates and positively affect the Bitcoin price.

Source: Eric_bigfund

According to the report, the next steps include the creation and redemption of Indembe for ETF Bitcoin issuers in the USA, improving market performance. Another key factor is the legal classification of Bitcoins as a strategic reserve resource that would allow the apply of BTC deposits as a collateral, similar to gold. Analysts also emphasize the growing exhibition from sovereign property funds and approval of the banks asked by banks as potential catalysts of a broader bitcoin reception.

APSK32, allegedly the Bitcoin engineer and enthusiast, stated that based on historical four -year cycle patterns, BTC is “on the right track”, reaching USD 230,000 to USD 290,000 until December 2025.

Source: Apsk32

According to the analyst, salesmen should “absorb cheap coins” because “the opportunity does not last forever.” From the point of view of onchain analysis, data suggest that long -term owners were not the main factors of Bitcoin decrease below USD 80,000, increasing the likelihood of rapid recovery above USD 95,000.

Source: Carlbmenger

Carlbmenger, the author of the Bulletin Carl ₿ Menger, noticed that “74% of the Bitcoin losses realized came from owners who bought last month.” He added that inexperienced traders make up under pressure, and experienced investors do not affect price fluctuations.

In addition to the potential pressure of the purchase of nation -states, Luke Broyles, a collaborator in Blockware Mining, explained to X that one company on the US stock exchange can get 84 090 BTC. This would make the second largest owner after the strategy (formerly MicroStrategy), which currently has 499 096 BTC.

Source: Luke_broyles

The Broyles hypothesis assumes that the company will apply all its cash and an equivalent position to buy bitcoins of USD 88,000 and collect an additional $ 3 billion in order to augment shares of USD 110,000. However, even if Gamestop allocated only 20% of his current reserves, it would constitute 11,765 BTC each 85,000 USD-on to ensure the fourth largest item behind the Mara Holdings and Riot platforms.

Related: Gamestop increases by 18% after hours in the reports, which is considering investing in Bitcoin

Various analysis models suggest that buying Bitcoins below USD 85,000 is a golden opportunity that may not be available long. This did not affect the features of Bitcoin censorship and digital deficiency functions. Over time, its price is expected to augment above 100,000 USD, reflecting the conviction of its current owners and using deeper integration with a time-honored financial system.

This article is used for general information purposes and should not be and should not be treated as legal or investment advice. The views, thoughts and opinions expressed here are themselves and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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