“A normal market corrects... but Bitcoin has never really been a normal market.”
After weeks of bullish momentum driven by ETFs, institutional flows, and a renewed global interest, the king of crypto has just reached a new all-time high of $125,000.
A symbolic figure that raises the same question with each cycle: are we at the beginning of a new chapter, or on the brink of a nasty correction?
Several factors explain this rise:
ETFs are recording record inflows, proof that large investors now consider BTC as a legitimate and liquid asset. $BTC
The macro environment remains uncertain (rates, debts, inflation), and Bitcoin plays its role as a 'macro hedge', an alternative value against traditional currency.
The supply decreases after the halving, exchanges have less and less stock available while institutional demand is intensifying - a historic cocktail once again.
Beyond these considerations, the race can be slowed down because every market, even that of Bitcoin, needs to breathe.
It should be noted, in the short term, that leveraged position liquidations increase with each price peak. Technical resistance zones are tightening between $125,000 and $130,000. Extreme sentiments on social networks are often a sign that caution is warranted.
A correction, even moderate, could be healthy: it would allow markets to consolidate before moving on more stable bases but currently two scenarios dominate:
Option 1
A confirmed breakout above $130,000, which would pave the way for an extension towards $150,000.
Option 2
A natural correction between 10% and 20% is quite possible and is often observed after ATH, before a potential resumption of the trend. Nothing is less certain.
In both cases, the next hours and days will be decisive.
Those who follow the market know that psychology matters as much as charts: keeping a cool head is often the best trade.
Follow the evolution in real time 👉Bitcoin price on Binance
