{"id":68952,"date":"2025-05-25T10:03:19","date_gmt":"2025-05-25T10:03:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=68952"},"modified":"2025-05-25T10:03:19","modified_gmt":"2025-05-25T10:03:19","slug":"bitcoin-price-analysis-btc-displays-signs-of-weakness-following-new-all-time-high","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=68952","title":{"rendered":"Bitcoin Price Analysis: BTC Displays Signs of Weakness Following New All-Time High"},"content":{"rendered":"

Bitcoin surpassed its all-time high of $109K earlier this week, reaching a new high of $112K. Despite this, the price exhibits slight bullish momentum, suggesting a potential consolidation at this level for the short term.<\/p>\n

Technical Analysis<\/h2>\n

The Daily Chart<\/h3>\n

Bitcoin has officially broken above its previous all-time high of $109K, establishing a new peak around the $112K region. This breakout underscores strong buyer interest and highlights the bullish sentiment that continues to fuel this cycle.<\/p>\n

However, the recent price action suggests that bullish momentum is softening, with BTC beginning a minor pullback toward the broken $109K level. This area now acts as a crucial support zone. If renewed demand materializes at this level, Bitcoin could resume its upward trajectory toward the $115K mark and potentially higher.<\/p>\n

Conversely, if selling pressure intensifies and the $109K level fails to hold, a deeper correction may unfold. In this scenario, a retest of the psychological $100K support becomes increasingly probable, potentially classifying the breakout as a bull trap, shaking investor confidence, and introducing volatility in the short term.<\/a><\/p>\n

The 4-Hour Chart<\/h3>\n

On the 4-hour chart, BTC maintains a bullish market structure, with a clear sequence of higher highs and higher lows. The price has consistently respected an ascending trendline, which remains a key dynamic support.<\/p>\n

Following the breakout, Bitcoin is currently retracing toward this trendline as well as the broken $109K swing high. This confluence zone will play a pivotal role in determining the next move. Should it hold, a renewed rally toward the $115K resistance zone becomes highly likely.<\/p>\n

However, if Bitcoin fails to hold this level and breaks below the trendline, it would signal short-term weakness, opening the door for a correction toward the $100K range.<\/a><\/p>\n

On-chain Analysis<\/h2>\n

By ShayanMarkets<\/p>\n

While BTC has reached a new all-time high at $112K, a wave of profit-taking is naturally expected, particularly from short-term traders securing gains. However, a deeper look into on-chain metrics reveals a contrasting narrative among long-term holders, investors who have held BTC for over 150 days.<\/p>\n

The LTH-SOPR has remained relatively low during this rally, especially when compared to the levels seen during Bitcoin\u2019s surge to $73K in late-2024. Despite the price now being significantly higher, long-term holders are not showing signs of major profit realization. This indicates ongoing accumulation behavior, reflecting confidence in higher future valuations.<\/p>\n

This divergence in behavior highlights that the current consolidation phase is likely driven by short-term holders and retail participants, rather than broader market distribution. If long-term holders continue to display conviction, Bitcoin is well-positioned to resume its uptrend following this short-term pause, with the potential to set new ATHs in the mid-term.<\/a><\/p>\n

The post Bitcoin Price Analysis: BTC Displays Signs of Weakness Following New All-Time High<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin surpassed its all-time high of $109K earlier this week, reaching a new high of $112K. Despite this, the price exhibits slight bullish momentum, suggesting a potential consolidation at this level for the short term. Technical Analysis The Daily Chart Bitcoin has officially broken above its previous all-time high of $109K, establishing a new peak […]<\/p>\n","protected":false},"author":0,"featured_media":68953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-68952","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\/68952"}],"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=68952"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/68952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/68953"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}