A recent analysis suggests that Bitcoin is heading into a more volatile market phase during its ongoing price cycle, with a projected short-term recovery goal of $100,000. Currently, Bitcoin hovers around $81,550 — roughly 25% below its all-time high.
Despite this dip, long-term indicators continue to signal bullish momentum. The cryptocurrency has shown resilience by rebounding off major support levels, indicating potential strength in market fundamentals.
Key Drivers Behind Market Volatility
The analyst attributes the expected rise in volatility to various macroeconomic and geopolitical factors:
- Heightened international tensions
- Recent trade policies, such as new U.S. tariffs
- Global economic uncertainty
Unlike previous market cycles that demonstrated a more steady upward climb, this cycle may see prices move in a more erratic and nonlinear pattern.
Short-Term Outlook: Targeting $100K
Following a 30% correction from recent highs, the analyst projects a plausible 23% rebound, which could push Bitcoin towards the $100,000 mark in the near term. However, additional upward movement largely depends on the stability of global markets.
Advice for Investors
The current market conditions suggest that investors should expect a “trader’s market” where short- to medium-term price fluctuations dominate. This may necessitate a more active trading approach, even though the long-term trend remains optimistic.
For the full article and analysis, please visit the original source on The Daily Hodl.
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