EMA and MACD are bearish, indicating that the trend is currently downward. The price must break above EMA25 (78,514) for a reversal and MACD needs to be positive.
The chart shows a 1D timeframe, and in the long term, Bitcoin is up 77.18% in 90 days, indicating that this decline is a correction.
I currently do not have direct access to the latest expert opinions as I cannot perform web searches. However, I can inform you based on the general trends and opinions of experts in the crypto market:
Bullish experts:
Many experts (like PlanB, known for the stock-to-flow model) consider Bitcoin to be bullish in the long run. They say that due to Bitcoin's halving cycle (which occurred in 2024) and increasing institutional interest (like Bitcoin ETF), prices will rise in the long term. They may consider this correction a healthy correction.
Bearish experts:
Some experts (like Peter Schiff, who are critics of crypto) may say that Bitcoin is a bubble and will go down further. They consider it a risky asset, especially if there is a recession in the global economy.
Technical analysts:
Technical analysts may say that there is currently a bearish trend based on the chart, but if the price holds support at 77,000 and volume increases, a reversal can be expected.
Suggestions
Short term traders: If you are trading short term, be cautious. Monitor the level of 77,000. If it breaks, prepare for further decline. If it holds, a reversal can be expected.