#CryptoComeback Bitcoin reached 100 thousand dollars again. What can we expect now?

We talked to the CEO of Trading Different, Iván Paz



Analysis

After a challenging start to the year, marked by setbacks and the impact of the new tariffs driven by Trump, the price of Bitcoin fell to 75 thousand dollars, generating fear among investors. This was explained by Iván Paz, CEO of Trading Different, in an analysis he shared with Cointelegraph in Spanish. According to him, this led many to question the continuity of the bullish cycle, and voices began to emerge anticipating the start of a bearish phase.

"But this scenario was unlikely based on the Production Cost of 1 Bitcoin (orange line), as it currently hovers around USD 59,300 and miners have not seen significant profits since the last halving day. In fact, they are accumulating and waiting for the price to reach the initial selling targets (light blue zone) of the 'BTC Supplier Model' (figure 1)," detailed Iván Paz.

 

figure 1

"However, when analyzing the market with tools like the Liquidation Heatmap from Trading Different, you can see how Bitcoin used that context of uncertainty to execute massive liquidations of leveraged long positions up to USD 75,000. This event marked the turning point for a remarkable price surge (figure 2)," he added later.



figure 2

How far can this momentum go?

According to the CEO of Trading Different, in the short term, there is enough liquidity for the rise to continue. "The areas with the highest concentrations of shorts are around 101,700 dollars and then at 105,300, levels that act as natural targets as they represent zones where major players can efficiently close positions," he emphasized.

"After reaching those areas, it is likely that the price will experience a pause to consolidate and evaluate new opportunities," he added.

"In a longer-term framework, the accumulation of liquidity above