📊 Bitcoin: Entering the Peak Stage?


According to the repeating cycle chart of Bitcoin, BTC has just reached a local peak around $106,154 — a notable figure that marks a new high in the recent upward trend. History shows that after such strong rallies, the market frequently experiences increased volatility and significant corrections.
🔍 Outstanding technical signals:
The 200-day moving average (200MA) is still trending upward, confirming that the long-term trend of Bitcoin remains bullish.
However, the current chart patterns are indicating that the market is showing signs of overheating, as the price has exceeded key support levels without any clear corrections – a common sign in the late stages of a bullish cycle.
🧠 Meaning for investors:
This is not the time to act on emotion. The market is in a phase where excitement is at its peak, while the risk of correction is also rising. The current smart strategy includes:
• Take partial profits on the position you are holding.
• Tighten risk management – set clear stop-loss and closely monitor important support levels.
• Monitor the price action around the $100,000+ region to determine whether the market can continue to break out or start to correct.
⏳ The excitement phase may have begun...
... but its end may come much sooner than many expect. Investors need to stay alert, should not blindly expect unreasonable increases, but should stick to their investment plans and be mentally prepared for possible reversal situations.
BTC-1,28%
CHO0,77%
PHA-7,07%
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