📌 Bitcoin: Are We Facing a New Rise or a Near Correction?
Bitcoin ($BTC
) is the first and strongest digital currency in the crypto market, and it is often the main indicator of the entire market's movement. Recently, Bitcoin has shown significant volatility between rising and correcting, raising the important question:
Are we heading towards a new rise or a temporary decline?
🔍 Technical Analysis
Bitcoin is currently moving above important moving averages (such as MA50 and MA200) on the daily timeframe, which is a positive signal in the medium term.
If it remains above strong support areas, we may see an attempt to break through higher resistances.
However, if support is broken, the correction will be healthy to re-accumulate liquidity before any new rise.
📰 Fundamental Analysis
The increasing adoption of major institutions for Bitcoin boosts market confidence.
The proximity to or occurrence of significant events such as the mining reward halving historically supports the upward trend.
Conversely, any negative regulatory news or global economic decisions may lead to temporary selling pressure.
📈 Potential Outlook
🔹 Positive Scenario:
If buying momentum continues and trading volumes rise, we may witness a new upward wave in the medium term.
🔹 Negative Scenario:
If momentum weakens or negative news emerges, a temporary decline may occur before the general trend resumes.
