USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MVR

MWK

MXN

MYR

MZN

NAD

NGN

NIO

NOK

NPR

NZD

OMR

PAB

PEN

PGK

PHP

PKR

PLN

PYG

QAR

RON

RSD

RUB

RWF

SAR

SBD

SCR

SDG

SEK

SGD

SHP

SLL

SLE

SLL

SRD

SSP

STD

STN

SVC

SYP

SZL

THB

TJS

TMT

TND

TOP

TRY

TTD

TWD

TZS

UAH

UGX

UYU

UZS

VES

VND

VUV

WST

ZAR

ZMW

XCG

ZMW

ZWL

ZWG

BitcoinSistemi 2025-07-30 10:51:08

Bitcoin's Rise May Be More Difficult From Now On! Analysis Firm Explains Why!

Bitcoin saw a massive surge following Donald Trump's victory in November last year. The rise that began in the last months of 2024 continued in 2025, and BTC reached triple-digit figures. At this point, BTC reached its new ATH of $123,000 in July but subsequently experienced a decline in bullish momentum. Evaluating Bitcoin's recent movements, 10X Research analyst Markus Thielen stated that Bitcoin has entered its weakest period after its impressive rises. 10X Research stated in its latest report that its seasonality model has been consistent with all its predictions so far. Accordingly, this model now signals a bearish trend for BTC. August was Bitcoin's worst month in the last 12 years, with prices falling in eight of those 12. September was no different, with Bitcoin experiencing an average decline of 4.6% in eight of the last 12 years. Citing these data, the analyst stated that apart from seasonal weakness, the slowdown in ETF and capital inflows also increases the risk of a decline. At this point, 10X Research stated that it is more difficult for Bitcoin to reach targets such as $140,000 and $150,000, adding that the price must overcome a crowded resistance level before reaching $140,000. The report noted that Bitcoin's key resistance levels are located around $112,000 and $115,000. Without strong momentum, Bitcoin may struggle to break through these levels, according to the analyst. If the price declines, support zones around $106,000 and $94,000 could come into play. *This is not investment advice. Continue Reading: Bitcoin's Rise May Be More Difficult From Now On! Analysis Firm Explains Why!

Related News

Polygon Network Recovers Swiftly After Brief Halt:...
30 Jul 2025
Dogecoin Whale Transfers Suggest Possible Accumula...
30 Jul 2025
Fed Rate Cut: Why Scott Bessent’s Stance Sends Rip...
30 Jul 2025
South Korea's Leading Company Announces Launch of...
30 Jul 2025
How Ecosystem Milestones and Market Signals Aligne...
30 Jul 2025
Telegram Handle @Crypto: A Phenomenal $25 Million...
30 Jul 2025

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

Bitcoin's Rise May Be More Difficult From Now On! Analysis Firm Explains Why!

Most Read News

Related News