Crypto Analysis Platform Bitcoin $119,075.53 Vector pointed out that Bitcoin’s current price movements tend to rise. The platform argued that the leading digital asset approached the highest levels of all time, as it was at the beginning of a real rise market. Bitcoin Vector, in his analysis of the social media platform, said that the market structure is intact and the momentum increased.
Analysis and “Ignition Stage”
According to the platform, Bitcoin is currently in the “Ignition phase of the rise market. This phase is defined as a stage in which prices begin to move upward with a new acceleration. Analysts, in this period, the increase in prices often accelerated and a full sense of a trend of rise can follow it. Bitcoin Vector considers the stability of prices in a short time after the breakage and the formation of a new rise signal as an important indicator.
In the statement of the platform, it is emphasized for Bitcoin that the structure is intact, the momentum increases and new breaks bring fresh signals ”. Analysts think that this period, where Bitcoin is at the highest levels, is critical in terms of rise.
Bitcoin Vector: “BTC’s longer period of rise can increase the return. We are now at this point: the structure is solid, the momentum rises, the BTC has recently experienced breaks and maintains its stability with a new rise signal. A completed rise period awaits us.”
2024 and previous rise periods
The platform states that a similar market structure in the past was seen in November 2024. At that time, the price of Bitcoin began to rise to approximately 70,000 dollars, up to 106,000 dollars at the summit of the full rise phase. It is argued that the same structure and the elements that provide momentum are observed in current price movements. In the light of this information, experts think that existing conditions can have a similar effect on past rise tendencies.
According to Bitcoin Vector, the leading digital asset must be over 60 in order to move to the phase called “full rise market”. The BFI is used as an oscillator that varies between zero and 100 and shows that the market trend returns to positive as it rises numerically.
Bitcoin Vector: “- The price recently broke a new record with a new time with 123,000 dollars.
Existing prices and view
The report said that Bitcoin was traded at 120.246 dollars during the broadcast. The analyzes state that the price movements maintained at these levels support the rise trend.
In the light of all these data, it is seen that the main dynamics in the market give positive signals in terms of both technical structure and basic indicators. In the platform’s shares, it is emphasized that the rise movement in the market is not only a temporary title, but that the current basic indicators and price structure support this view.
In general, it is important to progress in harmony of prices and basic indicators in terms of maintaining the rise of Bitcoin. According to the analyzes, it is recommended to monitor indicators such as BFI and monitor the market structure for the continuation of the rise in Bitcoin. As in previous rise periods, the possibility that the repetition of similar signals can open the door to new peaks remains on the agenda.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.