Bitcoin Price Prediction: Chart Signals Show Big Moves in the Near Future!

Bittime - Bitcoin prices continue to be a major concern for investors, especially amidst changing global macroeconomic dynamics. Currently, many analysts indicate that a major move could occur in the coming weeks, with some predictions pointing to the potential for significant upside.

According to the latest report from Bitfinex, Bitcoin price has been trading in the 15% range since mid-November, with a significant move likely within 80-90 days. This signals that the ongoing consolidation phase may end soon, paving the way for Bitcoin's next price trend.

Strong Signals of Bitcoin Price Movements

Analysts note that Bitcoin is still showing strength amid global economic uncertainty. Despite dropping below the psychological level of $100,000 and reaching a low of $92,584, this digital asset managed to rebound to $97,370. This movement shows that selling pressure can still be balanced by strong buying interest in the market.

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The main factor that could influence the price of Bitcoin in the near future is the US government's decision regarding crypto regulations and policies. Some analysts believe that if the US government officially announces plans to buy Bitcoin, the price of this digital asset could skyrocket to $50,000 in a single 1-minute candle.

Also read: Bitcoin, Ethereum and Dogecoin Prices Drop Today: See Why!

Regulatory Impact and Investor Sentiment

Apart from macroeconomic developments, market sentiment also plays a big role in Bitcoin price predictions. According to Michaël van de Poppe, founder of MN Capital, Bitcoin adoption is increasing, and the crypto market is still undervalued compared to its potential.

"Bitcoin is still neutrally valued, while many altcoins are significantly undervalued. The crypto sector as a whole still has great opportunities for further growth," van de Poppe said in a statement.

With increasingly widespread adoption and the potential for clearer regulation, Bitcoin could become a top choice for investors seeking protection against global economic uncertainty. However, volatility remains a major factor that must be taken into account before making an investment decision.

Also read: Is it true that the Crypto Market will rebound after Trump stops tariff policies in Mexico and Canada?

Conclusion: Is Bitcoin About to Surge?

Bitcoin price predictions in the coming weeks indicate the potential for big moves, both up and down. With a variety of factors influencing the price of Bitcoin, including government regulations, market sentiment, and macroeconomic factors, investors should remain vigilant and conduct in-depth research before making a decision.

While Bitcoin's long-term outlook remains positive, market volatility remains a major challenge for investors. Therefore, understanding market trends and observing the latest developments is essential to optimize investment strategies in these digital assets.

FAQ

Will Bitcoin prices continue to rise in the near future?

Bitcoin prices are predicted to experience big movements in the coming weeks, with the possibility of an increase if macroeconomic factors are favorable. However, volatility remains high.

What are the main factors influencing Bitcoin price predictions?

Some of the main factors include US economic policies, level of institutional adoption, government regulations, as well as global market sentiment towards digital assets.

Is now a good time to buy Bitcoin?

The decision to buy Bitcoin depends on each individual's investment strategy. It is important to do research and understand the risks before investing.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference

tradingview.com, Bitcoin chart signals ‘decisive price move’ in coming weeks: Analyst, accessed February 6, 2025.

Author: AWW