Bitcoin Technical Setup Shows Short-Term Pullback May Fuel Long-Term Upside

Bitcoin Technical Setup Shows Short-Term Pullback May Fuel Long-Term Upside

Source: NewsBTC

Published:13:00 UTC

BTC Price:$108334

#BTC #Bullish #Crypto

Analysis

Price Impact

High

A short-term pullback is anticipated towards key support levels ($108,000–$110,000), which is expected to fuel a significant long-term rally towards $125,000, signifying a major market move.

Trustworthiness

High

The news adheres to a strict editorial policy focusing on accuracy, relevance, and impartiality. it is created by industry experts, meticulously reviewed, and upholds the highest standards in reporting and publishing.

Price Direction

Bullish

While a short-term correction and consolidation are expected, the broader technical outlook suggests this pullback is a healthy reset before a continuation of the macro uptrend, potentially reaching $125,000.

Time Effect

Long

The article discusses a 'short-term pullback' serving as a 'calm before the storm' for a 'significant breakout' and 'long-term upside,' indicating a multi-period effect.

Original Article:

Article Content:

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 How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin’s recent price action suggests a healthy pullback may be underway, setting the stage for renewed upside momentum. While short-term correction toward key support levels appears likely, the broader technical outlook still points to strength and potential continuation toward higher targets once consolidation completes. Bitcoin Enters The Expected Pullback Phase BeLaunch, in a recent BTC daily update shared on X, noted that Bitcoin’s price movement continues to unfold exactly as anticipated. The market appears to have transitioned into the expected pullback phase, signaling a temporary cooldown following its recent rally. This correction phase could be a natural part of the ongoing bullish structure rather than a sign of weakness. Related Reading Bitcoin Latest Green Candle Sparks Questions – Is A Real Reversal In Sight? 4 days ago According to the analyst, Bitcoin is likely to retrace toward the $108,000–$110,000 range, an area identified as a key short-term support zone. This range could serve as a healthy reset point for the market, allowing momentum indicators to cool down before the next potential upward leg begins. BTC final wave before rally | Source: Chart from BeLaunch on X Once this corrective phase concludes, BeLaunch expects Bitcoin to stage a rebound that could carry it toward the $125,000 target region. Such a move would represent the continuation of the macro uptrend that has been forming over the past several weeks. However, confirmation of this scenario would depend on the strength of the recovery following the anticipated dip. The analyst concluded the update with a word of caution, reminding traders that this retracement phase may precede a significant breakout, describing it as the “calm before the storm.” This suggests that Bitcoin’s next decisive move could be substantial, making patience and strategic positioning key in the days ahead. Market Cooldown Underway: BTC Slows After Recent Gains In an X post , Crypto VIP Signal noted that Bitcoin’s price has started to ease gradually after recent gains. BTC’s market appears to be entering a short-term cooling phase, with selling pressure beginning to test lower levels. Related Reading: Bitcoin Trades Sideways — Consolidation Above Support Could Fuel Next Upside According to the analyst , Bitcoin could revisit its key support area before making its next decisive move. Price action currently shows the formation of a clear trading range, suggesting that the market is consolidating and gathering momentum for its next breakout. Bitcoin behaviour around these crucial levels is vital, as a bounce from support could define the next upward push. In the meantime, the update emphasized that some sideways movement is likely over the next few days. The existing support and resistance levels remain unchanged, serving as critical zones to gauge market sentiment. Once BTC breaks out from this consolidation range, it could set the tone for a directional move. BTC trading at $113,121 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com