Bitcoin Price DIP considered a “perfect bottom” by an analyst; Technicals Target 148k – Coinjournal

• Bitcoin has fallen by 7.5% since its recent historical maximum ~ $ 123,250, target analysts consider this to be a potential “perfect bottom”.
• BTC has successfully retrieved its 50 -day EMA, support that preceded 25% in June.
• The classic inverted technical head and arm pattern (IH&S) now focuses on the price of $ 148,250.

Bitcoin has downloaded back by 7.50%since he created a new record maximum.

However, far from signaling the end of the bull run, some analysts believe that this recent decline may be the final “shock” from a significant escape, with technical patterns now aimed at a potential rally to almost $ 150,000.

On Sunday, Bitcoin successfully regenerated his 50 -day exponential gliding average (50 -day EMA) as a key support support after briefly submerged under him a day earlier.

This particular gliding average historically served as a reliable launchpad to start fresh assemblies included in the price of bitcoins.

A similar scenario took place in June, for example, when a short decline below this same wave of sharp sharpness of 25% of the cryptocurrency value.

Now bitcoin seems to repeat the same technical settings. The “Bitbull” analyst suggests that the cryptocurrency could be poisoned to the June rally in the coming days.

Claims that even if the price we will continue to fall to 110 000-112 000 The range would effectively create a “perfect bottom” for bitcoins, potential internship settings for other importance.

The classic escape formula focuses on $ 148,000

The importance of the 50 -day EMA as a level of support is further strengthened by its harmonization with the “neck” of the prevailing reversed over -over -overhead head patterns (IH&S).

This classic formula of technical analysis is often considered a strong indicator of bull conversion.

After originally broke this neckline, the price of bitcoins has now withdrawn back to reappear and typical after interruption. The fact that the price has been reflected from this level of repeated level is strengthened by the validity of the bull conversion.

This successful repeated neckline now indicates that bitcoins can be disturbed by the phase of continuing his escape. According to the IH&S technical model, the price is now focusing on a step towards $ 148,250.

This is a notes close to the widely expected goal of $ 150,000, which many analysts in 2025 predicted for bitcoins, and many expected that this would happen around October.

Whale monitoring: Data on the string indicates ‘cyclical phase of cooling’

The chain data provides further evidence that Bitcoin’s nail prices can be the forerunner of another big escape.

According to data from the cryptocurrency, the Bitcoin market during the bull market 2023–2025 recorded three main waves of profitable tuks.

The first of these wave followed after the memory of the USPs of Spot ETFS in March 2024. The second occurred after Bitcoin broke the mark of $ 100,000 after the Trump elections at the end of 2024.

The third and latest Wave took place in July 2025 after the escape of over $ 120,000 launched a massive sale of 80,000 BTC by the long -term “old whale” investor.

During the postponement published on Friday, the analysts of the cryptocurrency noted that each of these waves was followed by a period of prices consolidation or a slight repair, usually between two to the oven.

“These cooling phases historically determined an internship for renewed accumulation and subsequent escape to the new historical maximum,” they wrote.

Analysts concluded: “Data provide convincing evidence that the market is undergoing an annial phase of cyclic cooling, lies in the previous wave, which preceded the period of consolidation and later torn to higher prices.

This suggests that the current decline is not the end of the bull market, but rather a healthy and necessary part of its cycle.