{"id":56364,"date":"2025-04-02T18:10:36","date_gmt":"2025-04-02T18:10:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=56364"},"modified":"2025-04-02T18:10:36","modified_gmt":"2025-04-02T18:10:36","slug":"bitcoin-btc-needs-to-reclaim-these-price-levels-to-ignite-next-bull-run-analyst","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=56364","title":{"rendered":"Bitcoin (BTC) Needs to Reclaim These Price Levels to Ignite Next Bull Run (Analyst)"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Bitcoin faces resistance before a possible bullish continuation.<\/span>
\nOne popular analyst highlighted the 200-day MA and the 50-day MA as critical reversal points.<\/p>\n

<\/a><\/span><\/h2>\n

Can Bulls Regain Control?<\/h2>\n

Bitcoin (BTC) became the talk of the town at the start of the year when its price hit<\/a> a new all-time high of almost $110,000. <\/span>This<\/span> happened in mid-January, but <\/span>since then,<\/span> the asset has been on a downfall<\/span>.<\/span> Currently<\/span>, BTC trades at around $86,500, representing an 6% decline on a monthly scale.<\/span><\/p>\n

<\/a>BTC Price, Source: CoinGecko<\/p>\n

According to some analysts<\/span>, though<\/span>, the bull cycle might kick in at full speed again under some <\/span>important<\/span> conditions.<\/span><\/p>\n

The X user Ali Martinez recently <\/span>claimed<\/span><\/a> that BTC faces the 200-day Moving Average (MA) at $86,200 and the 50-day MA at $88,300 as \u201ckey resistance ahead.\u201d He assumed a breakout above these levels might \u201cshift <\/span>momentum<\/span> back to the bulls.\u201d Although bitcoin is currently above the first target, it still needs to close north of it.<\/span><\/p>\n

Gert van Lagen also chipped in, <\/span>telling<\/span><\/a> his over 115,000 followers on X that BTC \u201cis continuing its bull market after bouncing off the neckline\u201d of a four-year-old Head and Shoulders (H&S) formation. He believes the price could surge to a new ATH of a whopping $300,000 in the following months, but a weekly close below $74,400 might invalidate the potential rally.<\/span><\/p>\n

For their part, CRYPTOWZRD <\/span>predicted<\/span><\/a> that a \u201csuccessful bullish breakout\u201d of the $85K resistance area may <\/span>be followed<\/span> by a surge to as high as $91,500. On the other hand, a rejection could result in a crash to $78,200 and even lower.\u00a0<\/span><\/p>\n

Other Projections<\/span><\/h2>\n

Another well-known industry participant who recently touched upon the matter is BitMEX\u2019s co-founder, Arthur Hayes. He <\/span>thinks<\/span><\/a> the US Federal Reserve will eventually resume the quantitative easing (QE) monetary policy due to mounting political and economic pressure. In his view, this renewed liquidity injection will <\/span>drive BTC\u2019s price higher.<\/span><\/p>\n

The policy usually\u00a0<\/span>occurs when interest rates are low and involves purchasing government bonds or other financial assets to stimulate economic activity. While the FED\u00a0kept<\/a>\u00a0the benchmark unchanged following its previous FOMC meeting, there is\u00a0a solid chance<\/a> it could implement a cut in its June gathering<\/span>.<\/span><\/p>\n

Meanwhile, those willing to explore additional factors signaling that BTC may have a successful Q2 could <\/span>take a<\/span> look at our dedicated article <\/span>here<\/span><\/a>.\u00a0<\/span><\/p>\n

The post Bitcoin (BTC) Needs to Reclaim These Price Levels to Ignite Next Bull Run (Analyst)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Bitcoin faces resistance before a possible bullish continuation. One popular analyst highlighted the 200-day MA and the 50-day MA as critical reversal points. Can Bulls Regain Control? Bitcoin (BTC) became the talk of the town at the start of the year when its price hit a new all-time high of almost $110,000. This happened […]<\/p>\n","protected":false},"author":0,"featured_media":56365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56364"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56364"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/56364\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/56365"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}