The post What Experts Anticipate Following The Jump Toward $85,000 appeared on BitcoinEthereumNews.com.

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. As Bitcoin (BTC), the leading cryptocurrency, reclaims the crucial $85,000 mark on Monday, top analysts are projecting heightened volatility in the market for the coming week.  Bitcoin Eyes Key Liquidity Zones Above $90,000 Crypto analyst CrypNuevo provided insights in a recent update on social media site X (formerly Twitter), emphasizing that despite the chaos surrounding tariffs and potential market manipulation, there are key data points and trends to monitor.  The analyst highlighted the importance of liquidity and price action in the days ahead, noting that liquidations are primarily concentrated in the upside range between $90,000 and $91,500—psychological levels for many traders. With Bitcoin gaining 7% on the weekly time frame, potential for a move to tackle these liquidity zones might be expected, further recovering from the cryptocurrency’s crash toward $74,000 experienced last week.  Related Reading CrypNuevo also mentioned that the current liquidation delta is relatively balanced, with approximately $15 billion in long positions at maximum liquidity. He suggested that a threshold of over $25 billion in liquidations would warrant closer attention.  The analyst’s ideal scenario for the coming week involves price compression between the daily and weekly 50-day exponential moving averages (EMA), as of now placed at approximately $86,000, which could lead to a significant expansion in price.  Rising Wedge Formation Analysts often look for patterns in market behavior, and CrypNuevo speculated that a third retest could occur, following the market’s tendency to move in threes.  The analyst alleges…

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Filed under: News - @ April 15, 2025 9:21 am