In the divided post with X with his 700,000 followers, the Crypto₿irb market veteran (@crypto_birb) outlined, which in his opinion may be one of the last main withdrawals of Bitcoins before the final enhance in the target six -digit price. His own words: “BTC will recently fall before 273 thousand. USD? This is why: “He supported this claim with a series of concise points covering market trends, technical signals and historical data.

The last chance to buy bitcoins low-cost?

Crypto₿irb’s analysis It begins with the description of the “bull market” environment, noting that both 200-week and 50-week-old movable are growing. These long -term trends often reflect a wider change in market moods.

He also refers to the latest data on Bitcoin rotary funds, indicating the sum of assets in management (AUM) in the amount of $ 121 billion, along with a significant commercial volume of $ 746 billion. Another key illuminated indicator is the unrealized profit and net loss (NUPL), which he places at 0.54, suggests that more traders have a profit than those with a loss. He observes a seven -week correlation with S&P 500 at 0.25, signaling only a moderate connection between Bitcoins and the established capital market during this period.

Then the analyst refers to the “daily trend”, indicating that he sees Bitcoin oscillates from 90,000 to 110,000 USD. It places a 200-day straight movable average at around 80,200 USD and emphasizes that this number is popular up. Crypto₿irb also explains that the reserved 200-day BPRO indicator is about USD 94,400, which he considers to be another sign of the shoot strengthening, despite the 50-day RSI to 42. RSI below 50 often indicates a cooled moment on the market, but he notices, that variability seems to get stuck in a deadline, with the average real range of USD 3,360 suggests that price fluctuations have softened compared to previous periods.

A address of his “commercial configuration”, Crypto₿irb emphasizes that he sees some bears of configuration on his 12-hour CTF and HTF trailer indicators. Describes market conditions as uncertain, and resistance appears around 99,700 to 103 100 USD. This means that if Bitcoin does not break the level of resistance, brief -term withdrawal or side action can be continued until the buyers regain control.

As for “sentiment & miners”, the analyst indicates the reading of the fear and greed 51, the level considered neutral. He notes that fear usually increases just before key pimples, which suggests that the lack of extreme fear may indicate a more constant climbing after cleaning the resistance zones. It also classifies the ongoing phase of the market cycle as a “belief”, which suggests that investors remain carefully sanguine without euphoria, which often signals the main peaks. Another key factor is the profitability of Miners, which, as estimated, remains robust above USD 88,400, which may discourage excessive sales of miners and aid strengthen the price floors.

His commentary on “seasonality” is emphasized by the historical performance of Bitcoin. He notes that February has been recorded an average height of 15.85% with a positive return in seven for ten years. In general, the first quarters usually provide an average level of 25%. In the years 2010–2024 the annual Bitcoin return is about 145%, which reflects the impressive long -term growth, which characterized its history. Crypto₿irb encourages traders to “BTFD Feb – March”, which is an abbreviation of “Buy The Dip”, which suggests that he expects attractive entry points to appear before potentially rallies.

Explaining the “Macro Top”, he looks at the MVRV Z result, the indicator comparing the market value with the implemented value. He warns that the result from MVRV over 7.0 traditionally signals the overheated market. Currently, by 2.43, the result remains well below this danger zone, which leads to a project of a possible peak above 273,000 USD (USD 2,88 x 95.3 thousand USD).

He states: “Bitcoin will start to create over $ 273,000. According to MVRV Z-Score, the market reached the highest level only if MVRV pushed and remained for weeks above 7.0 (2.8x of USD 97.5 thousand). This is a phase before wealth. “

During the BTC press it traded for USD 95,553.

A distinguished painting created from Dall.e, chart from tradingview.com