The increase in the cost of bitcoin and the approach of the price to the historical maximum did not force us to take more active speculation investors, the analysts of the Cryptoquant platform said.

The rollback of bitcoin, which was observed twice since 2024, after an increase in the volume of bidding and financing rates, indicates a healthy bull trend, analysts are sure.

“The mood for the purchase of cryptocurrency is shown positive dynamics. This suggests that it is not the time to consider the opportunity to enter the cache. The indicators and market data are very constructive, ”the report prepared by Cryptoquant specialists says.

Analysts drew attention to the fact that the indicator of the volume of spotto trading went into a positive zone. Sales pressure weakens against the background of overcoming a psychologically important mark of $ 100,000.

In general, the Bitcoin market demonstrates a favorable technical picture, and it reminded of Cryptoquant to the 2018 Cryptoquant analysts, when the asset showed the rally.

Earlier, the analysts of the QCP Capital trading company reported that the first cryptocurrency rate is moving into the “Rally mode”, and his support is giving interest on the part of investment funds.