‘
Even In A Parabolic
Bull Run’
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Can See 30% Pullbacks –
Top Analyst
‘Even In A Parabolic Bull Run’ Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Can See 30% Pullbacks – Top Analyst
by Sebastian Villafuerte
3 minutes ago
in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin News
0
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has experienced a 7% pullback from its all-time high at $99,800 after
failing to break above the psychological $100,000 mark. This retracement,
while causing some concern among investors, is seen as a necessary
consolidation phase for the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта to build strength before continuing
its ascent.
Related Reading: Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF Demand Is Back – What’s Different This Time?
Despite the short-term setback, many fear this may be the peak of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s
bullish movement for this cycle. However, top analyst Ki Young Ju, CEO of
CryptoQuant, shared a technical analysis on X highlighting that even during
parabolic bull runs, BTC can experience significant pullbacks—sometimes as
deep as -30%.
With the market consolidating, the next few weeks will determine whether BTC
can reclaim its momentum and eventually break above the $100,000 level or if
the price will face further downward pressure. Investors remain watchful,
balancing caution with optimism as BTC works through its latest phase of price
action.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Bull Run Is Only Starting
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s parabolic bull run is just beginning, and the recent aggressive move
from $67,500 to $99,800 confirms this bullish phase. While BTC has seen
impressive gains, top analyst and CryptoQuant CEO Ki Young Ju shared a
technical analysis on X , suggesting that despite a parabolic bull run, BTC
can experience significant pullbacks of up to 30%. Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin drawdown from ATH
in 2021 | Source: Ki Young Ju on X
This pattern has been seen repeatedly, such as during Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s 2021 price
discovery from $17,000 to $64,000, where sharp corrections did not derail the
upward trajectory.
This analysis doesn t signal an imminent correction but highlights the
importance of managing risk. Investors need to avoid panic selling during
local bottoms, as such corrections are part of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s price discovery
process and serve to shake out weak hands. As long as BTC continues to
establish higher highs and maintain its overall bullish trend, corrections can
be seen as opportunities rather than reasons to exit the market.
Related Reading: Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum Holders Endure Unrealized Losses – Is ETH
Undervalued?
With this context in mind, optimistic investors view Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s ongoing rise as
the beginning of an extended bullish period. Many believe that BTC will
continue its ascent, with altcoins likely following. The coming months hold
significant potential for BTC and the broader cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта market as long as
investors remain patient and resilient during inevitable price corrections.
Testing Liquidity Above $90K
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is currently trading at $92,100 after testing crucial liquidity levels
that could act as price demand zones. This consolidation around these levels
suggests there is still potential for Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin to hold steady and continue its
bullish trend toward breaking the $100,000 mark. However, if BTC fails to
maintain support above the $90,000 level, it could signal further correction,
weakening the bullish structure and pushing the price lower. BTC testing
crucial demand | Source: BTCUSDT chart on TradingView
The last strong level of demand to watch would be the $88,500 mark, as a drop
below this price could lead to a deeper pullback. Losing this level would
shift the liquidity range, potentially altering Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s price trajectory for
the coming weeks. This could result in further consolidation or a more
significant retracement, which may limit the upside potential in the short
term.
Related Reading: On-Chain Indicator Sets Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Cycle Top Price At $141K –
Details
For the bulls to maintain control, it is critical that BTC holds the $90,000
level and avoids dropping to the $88,500 zone. If demand remains strong at
these levels, BTC could resume its upward momentum, pushing toward new highs
and possibly the long-awaited $100,000 breakout.
Featured image from Dall-E, chart from TradingView