Bitcoin (BTC) fell more than 29 % of its highest level ever in January $ 109,000, reflecting the wider market correction that affected both encryption and American stocks. With fear and uncertainty that controls investors, many predict now whether this indicates the beginning of the bear market or if it is simply an ordinary correction before lifting the other leg.
The motive behind this last recession was driven by total economic instability, the concerns of the World Trade War, and the tightening of financial conditions, all of which contributed to the weak investor’s confidence. With BTC failing to restore the main levels, the sale pressure increased, while maintaining the market in a risk feeling.
However, some investors are still optimistic, believing that this correction is temporary and that bitcoin will recover as soon as market conditions stabilize. Cry Young JU recently shared visions of X, with a highlight of the apparent demand index, which indicates that the demand is still weak at the present time. Historically, low demand periods have preceded either expanded unification or additional aspect, making the next few weeks crucial for the BTC path in the short term.
With Bitcoin to restore momentum, the market remains on the edge of the abyss, waiting for either recovery or deeper correction. The next weeks will determine the main step for BTC.
Bitcoin faces uncertainty as global markets are struggling to recover
Bitcoin and Global Markets continue to struggle to find stability, with fear and speculation that dominates investor morale. With the escalation of fears of the World Trade War and the circumstances of the macroeconomic economy remains volatile, both the American encrypted stock markets and tumors suffered from deep corrections, leaving the merchants preparing for more negative risks.
Currently, Bitcoin has been trading at its lowest levels since November 10, 2024, as the bears remain in control and the bulls are struggling to build a strong foundation for recovery. Since late January, BTC has been closed in a declining direction, with less goals determined by investors who believe that the bull cycle may have ended. However, although Bitcoin’s work is still weak, not all analysts are convinced that this is the beginning of the long bear market.
Vision Joe on X He revealed that the demand for bitcoin appears stagnant at the present time. According to the analysis of JU, the apparent demand index indicates that BTC’s interest has not yet been captured, but it is still too early to name this bear market. Historically, Bitcoin has witnessed similar stages of weak demand before recovering strongly, making the next few weeks crucial to directing BTC.
Currently, Bitcoin should restore the main levels of market confidence. If the demand remains weak, BTC may be able to see more declines, but if buyers enter, the market may start preparing for a possible recovery.
He fights bulls to restore the main levels
Bitcoin is currently trading at 83,100 dollars, after several days of sales that have kept it less than the 85,000 dollar sign. The market remains under the domain control, and the bulls did not show a strong momentum to recover.
In order to restore BTC its bullish structure, it must restore 90 thousand dollars to 91 thousand dollars, as this level is in line with an average of 4 hours (MA) and the SIA moving average (EMA). A break and contract over this area would refer to the renewed purchase force, which is likely to be the way for strong apostasy.
However, if BTC fails to restore MA and EMA for 200 days in the coming days, the sale pressure may increase, which leads to a huge decrease to less than 80 thousand dollars. The rest at the bottom of this main psychological level can lead to more filters, pushing the BTC to decrease the demand areas and expand its landfill.
With the continued sense of morale in the market, the following few trading sessions will be very important in determining whether Bitcoin can recover or whether another wave of sales will lead to a decrease. Bulls should act quickly, or BTC may face more negative risks in the short term.
Distinctive image from Dall-E, the tradingView graph
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