Trading Insight_DN
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🔥Can Bitcoin 'Halve' or 'Drop Significantly'? While funds continue to buy in.
In my opinion, there will be a 'significant drop', but to halve from the current price, which is around 60,000$ , is not possible.
🔹The levels 66,000$ - 75,000$ and 88,000$ are the points that Bitcoin may test again when it peaks. As for where the peak will be, it will take a long time to find out. I hope for a peak around 126,000$ - 130,000$ this year.
Regarding the funds, they are divided into 2 factions:
1. Public organizations all own Bitcoin at a price around 85-90,000$ (this is a rough estimate and does not reflect everything).
Notably, Strategy buys on average and continuously publicly, currently holding 582,000 BTC at an average price of 70.086$/BTC.
2. The remaining half consists of organizations, non-public BTC SPOT funds (statistics are based on timelines and annual reports): Expected to maintain a price around 45,000$ - 60,000$/BTC.
🔸The current wave is also quite different from previous waves. Especially around 2021 when the focus on Bitcoin was much greater. The market's influence has significantly decreased as the value of Bitcoin is at a relatively high level and is distributed among various parties. Especially since both large and small organizations own it.
🔹So from my perspective... BTC is much more stable now compared to the 2021 period. Market makers also do not allow BTC to be manipulated, and there won't be a tripling or quadrupling, nor will it halve from the current price.
Just a basic understanding, complex analysis won't keep up with how MM operates. What do you think about the upcoming ATH phase? The shop requests to be off for 1-2 days due to illness, guys. Hehe.
In my opinion, there will be a 'significant drop', but to halve from the current price, which is around 60,000$ , is not possible.
🔹The levels 66,000$ - 75,000$ and 88,000$ are the points that Bitcoin may test again when it peaks. As for where the peak will be, it will take a long time to find out. I hope for a peak around 126,000$ - 130,000$ this year.
Regarding the funds, they are divided into 2 factions:
1. Public organizations all own Bitcoin at a price around 85-90,000$ (this is a rough estimate and does not reflect everything).
Notably, Strategy buys on average and continuously publicly, currently holding 582,000 BTC at an average price of 70.086$/BTC.
2. The remaining half consists of organizations, non-public BTC SPOT funds (statistics are based on timelines and annual reports): Expected to maintain a price around 45,000$ - 60,000$/BTC.
🔸The current wave is also quite different from previous waves. Especially around 2021 when the focus on Bitcoin was much greater. The market's influence has significantly decreased as the value of Bitcoin is at a relatively high level and is distributed among various parties. Especially since both large and small organizations own it.
🔹So from my perspective... BTC is much more stable now compared to the 2021 period. Market makers also do not allow BTC to be manipulated, and there won't be a tripling or quadrupling, nor will it halve from the current price.
Just a basic understanding, complex analysis won't keep up with how MM operates. What do you think about the upcoming ATH phase? The shop requests to be off for 1-2 days due to illness, guys. Hehe.
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