The crypto market continues to show resilience as Asian and European stock markets experience bullish sentiment. However, Bitcoin has been unable to regain support levels above $80k in the past two days, leading to an increase in speculative trading of cryptocurrencies, particularly through perpetual and futures contracts.
The correlation between Bitcoin and other cryptocurrencies has also increased due to the rising popularity of crypto futures and perpetual contract trading. From a technical and fundamental analysis perspective, Bitcoin’s price has been forming a macro reversal pattern after experiencing lower highs and lower lows.
To confirm a fresh rally beyond $100k, Bitcoin needs to consistently close above the liquidity level between $88k and $93k. However, there is a possibility of a drop towards $73k, which aligns with the 1.618 daily Fibonacci Extension.
Considering the global recognition of Bitcoin and the wider crypto market as a game-changer in the economy, it can be said that a crypto correction bottom has already occurred or is very close. Monitoring the trade war between China and the United States can provide insights into the market’s reversal.
For investors, Dollar Cost Averaging (DCA) can be a profitable strategy in the second half of 2025, especially amid anticipated U.S. and global recession.
Stay informed and gain an edge in the crypto world by subscribing to our Price Analysis newsletter. You’ll receive breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
Note: Investments carry market risks. Please invest carefully. We do not accept responsibility for any financial losses.
