Analysts explained! “Bitcoin (BTC) is preparing for an explosion rise! Follow these two things!”

Leading crypto currency Bitcoin (BTC) After the harsh decline, he experienced a rapid recovery in recent weeks.

BTC, up to $ 95 thousand, while the total crypto currency market value approached 3 trillion dollars.

At this point, Bitcoin is consolidated between $ 93,000 – 95 thousand dollars, while analysts think that BTC is preparing for an explosive rise.

Analysts generally estimate that long -term consolidation and negative funding rates can lead to a strong rise movement in Bitcoin, and macroeconomic factors may also affect market sensitivity.

Data on Friday are important!

Coindesk’e konuşan FXPro Analisti Alex Kuptsikevichlong -term consolidations Bitcoin He said he was good for and prepared the ground for the upward explosion.

Stating that non -agricultural employment and unemployment data on Friday are very important for rise, the analyst said that a global catalyst is needed for rise:

“Such long consolidations usually accumulate power for more upward movement. The next major trigger will probably be the labor market data on Friday.

In addition, the market has moved in a very narrow range for the last five days and has a tendency towards more shallow decreases.

A global positivity is required for an explosion. If this happens, it will open the rally road to $ 3.5 trillion. ”

The rise signals for Bitcoin are multiplying!

Woo X Research President Pat Zhang made similar predictions and consolidation Bitcoin He said there was preparation for the rise.

In addition, the funding rates in the BTC for the last week, indicating that the negative, Zhang said that this situation is rare and interpreted as an ascension signal, he said.

“BTC continues to volatility by creating a consolidation range between $ 93,000 and 95,000 dollars since April 25 and accelerates for a potential exit.

In addition, the average funding rate for BTC has been negative in the last week, this is a rare condition and an indication of intense whale activity and potential rise both in the stock exchanges and outside the stock market. “

In the last two years, the Analyst said that the funding rates for Bitcoin are only four times negative for Bitcoin and that these were “19 September – 22 September 2023, 20 October – 27 October 2023, 16 August – 24 August 2024 and 10 September – 17 September 2024 and that this rate should be followed.

“After these negative funding rates, BTC has experienced strong rise tendencies. This shows that BTC may be preparing for a potential rise movement while supporting its whale accumulation”

*It is not an investment advice.