Close Menu
Ztoog
    What's Hot
    Crypto

    Walmart and Outlier Ventures’ web3 accelerator launches with five startups

    Gadgets

    Get scary big savings on Halloween costumes and decorations thanks to October Prime Day

    Science

    Expedition uses small underwater drone to discover 100-year-old shipwreck

    Important Pages:
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    Facebook X (Twitter) Instagram Pinterest
    Facebook X (Twitter) Instagram Pinterest
    Ztoog
    • Home
    • The Future

      How I Turn Unstructured PDFs into Revenue-Ready Spreadsheets

      Is it the best tool for 2025?

      The clocks that helped define time from London’s Royal Observatory

      Summer Movies Are Here, and So Are the New Popcorn Buckets

      India-Pak conflict: Pak appoints ISI chief, appointment comes in backdrop of the Pahalgam attack

    • Technology

      Ensure Hard Work Is Recognized With These 3 Steps

      Cicada map 2025: Where will Brood XIV cicadas emerge this spring?

      Is Duolingo the face of an AI jobs crisis?

      The US DOD transfers its AI-based Open Price Exploration for National Security program to nonprofit Critical Minerals Forum to boost Western supply deals (Ernest Scheyder/Reuters)

      The more Google kills Fitbit, the more I want a Fitbit Sense 3

    • Gadgets

      Maono Caster G1 Neo & PD200X Review: Budget Streaming Gear for Aspiring Creators

      Apple plans to split iPhone 18 launch into two phases in 2026

      Upgrade your desk to Starfleet status with this $95 USB-C hub

      37 Best Graduation Gift Ideas (2025): For College Grads

      Backblaze responds to claims of “sham accounting,” customer backups at risk

    • Mobile

      Samsung Galaxy S25 Edge promo materials leak

      What are people doing with those free T-Mobile lines? Way more than you’d expect

      Samsung doesn’t want budget Galaxy phones to use exclusive AI features

      COROS’s charging adapter is a neat solution to the smartwatch charging cable problem

      Fortnite said to return to the US iOS App Store next week following court verdict

    • Science

      Failed Soviet probe will soon crash to Earth – and we don’t know where

      Trump administration cuts off all future federal funding to Harvard

      Does kissing spread gluten? New research offers a clue.

      Why Balcony Solar Panels Haven’t Taken Off in the US

      ‘Dark photon’ theory of light aims to tear up a century of physics

    • AI

      How to build a better AI benchmark

      Q&A: A roadmap for revolutionizing health care through data-driven innovation | Ztoog

      This data set helps researchers spot harmful stereotypes in LLMs

      Making AI models more trustworthy for high-stakes settings | Ztoog

      The AI Hype Index: AI agent cyberattacks, racing robots, and musical models

    • Crypto

      ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000

      Bitcoin Holds Above $95K Despite Weak Blockchain Activity — Analytics Firm Explains Why

      eToro eyes US IPO launch as early as next week amid easing concerns over Trump’s tariffs

      Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon

      Speak at Ztoog Disrupt 2025: Applications now open

    Ztoog
    Home » Bitcoin Bulls In Jeopardy? Analyst Sounds Warning Of Possible Retest
    Crypto

    Bitcoin Bulls In Jeopardy? Analyst Sounds Warning Of Possible Retest

    Facebook Twitter Pinterest WhatsApp
    Bitcoin Bulls In Jeopardy? Analyst Sounds Warning Of Possible Retest
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Bitcoin has been on a bullish pattern, reaching $50,000 for the primary time in two years, however some crypto analysts nonetheless anticipate that the token is perhaps gearing up for a possible correction.

    Bitcoin Could See A Pullback At Any Moment

    According to the current evaluation by cryptocurrency skilled Crypto Jelle, Bitcoin may bear a retest anytime quickly. Jelle shared his newest projections together with his 1000’s of followers on the social media platform X (previously Twitter).

    A chart of Bitcoin accompanied his X put up to exhibit his observations and additional again up his claims visually. Crypto Jelle’s evaluation examines the present and previous place of Bitcoin and has recognized the presence of a “rising channel.” 

    He acknowledged that Bitcoin has been on this rising channel “over the past 6 years.” He additional identified that the crypto asset shouldn’t be breaking out of the “channel anytime soon.”

    BTC in a 6-year-long rising channel | Source: Crypto Jelle on X

    Due to this, Crypto Jelle believes that the value of BTC may witness a “retest of the mid-range.” Thus, he has urged traders to get entangled with the token to extend costs and keep away from the approaching pullback.

    The put up learn:

    Bitcoin has spent the previous 6 years inside this rising channel. Doesn’t appear like that’s going to alter anytime quickly. In truth, it appears about time for a retest of the mid-range. Send it larger.

    Jelle has additionally underscored the potential for the digital asset to soar larger to a brand new all-time excessive. In one other X put up, he highlighted that in the present day is “one of those days to recall the part of the cycle we are in.”

    Jelle has underlined two distinct timeframes for Bitcoin, which embrace the decrease timeframe and the upper timeframe. He asserted that within the decrease timeframe, BTC’s efficiency appears like “dog poop.”

    Meanwhile, within the larger timeframe, BTC’s efficiency appears promising, suggesting a transfer to a brand new value stage. Jelle seems bullish on Bitcoin as he has inspired the neighborhood to not be “shaken out” of the market.

    Massive Sell-Off By BTC Whales

    Despite the upward momentum, stories have revealed a big promoting spree from BTC whales. Ali Martinez, a well known crypto analyst, reported Tuesday’s improvement on the X platform.

    Per Martinez’s put up, Bitcoin whales may lose their confidence within the token. Martinez asserted that whales have offered over 30,000 BTC valued at $1.56 billion previously 2 days.

    The report has despatched fairly a frenzy in the neighborhood, leaving crypto fans to ponder the affect of the sell-off. However, it’s believed that this may very well be a notable improvement, indicating the beginning of a distribution section, which may lengthen the low timeframe bearish motion. 

    Bitcoin
    BTC buying and selling at $51,358 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured picture from iStock, chart from Tradingview.com

    Disclaimer: The article is offered for instructional functions solely. It doesn’t symbolize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You are suggested to conduct your personal analysis earlier than making any funding choices. Use info offered on this web site totally at your personal danger.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Crypto

    ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000

    Crypto

    Bitcoin Holds Above $95K Despite Weak Blockchain Activity — Analytics Firm Explains Why

    Crypto

    eToro eyes US IPO launch as early as next week amid easing concerns over Trump’s tariffs

    Crypto

    Cardano ‘Looks Dope,’ Analyst Predicts Big Move Soon

    Crypto

    Speak at Ztoog Disrupt 2025: Applications now open

    Crypto

    CME Expands XRP Futures Trading for Crypto Investors

    Crypto

    Top Analyst Predicts Ethereum Could Ignite Bull Rally If Price Surpasses $2,330

    Crypto

    Bitcoin Faces Critical Resistance At $91,000 As Short-Term Holders Hover At Break-Even

    Leave A Reply Cancel Reply

    Follow Us
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Top Posts
    Mobile

    Some Motorola Razr+ users are not receiving software updates

    The Motorola Razr+ (aka the Razr 40 Ultra), at the moment on sale by the…

    Technology

    Amazon faces potential break-up as FTC finalizes antitrust lawsuit

    In temporary: The FTC is within the remaining phases of submitting an antitrust lawsuit in…

    Gadgets

    A Gaming Powerhouse! Lenovo Launches Updated Legion 9i At CES 2024

    Lenovo unveiled at CES 2024 its newest gaming ecosystem, that includes a complete lineup of…

    Technology

    Not Forgotten

    Since the discharge of ChatGPT final November, it has sucked all of the air out…

    Mobile

    Honor Magic 6 and Magic OS 8.0 announcement dates revealed

    Honor’s first flagships for 2024 have been rumored for a couple of weeks now, however…

    Our Picks
    Technology

    Unico’s Battery Testing Enters a Competitive Industry

    Technology

    Widespread FBI abuse of foreign spy law sets off “alarm bells,” tech group says

    Mobile

    Spotify and Calm collaborate to bring transformative content to users worldwide

    Categories
    • AI (1,482)
    • Crypto (1,744)
    • Gadgets (1,796)
    • Mobile (1,839)
    • Science (1,853)
    • Technology (1,789)
    • The Future (1,635)
    Most Popular
    Science

    Studying Marine Life with Seaweed-Based Soft Robots

    Science

    A hunk of junk from the International Space Station hurtles back to Earth

    Crypto

    What is Solana?

    Ztoog
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • About Us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    © 2025 Ztoog.

    Type above and press Enter to search. Press Esc to cancel.