Bitcoin May See Short-Term 11% Pullback Before Possible Rally Toward $162,000, Analyst Says
The post Bitcoin May See Short-Term 11% Pullback Before Possible Rally Toward $162,000, Analyst Says appeared on BitcoinEthereumNews.com. Bitcoin price prediction: Bitcoin could see an ~11% short-term pullback to near $99k–$104k before resuming an upward trend toward a potential $162,000 target once institutional fear eases and support holds, according to technical indicators and analyst Ted Pillows. Short-term pullback likely (≈11%) Support consolidation near current levels can set the stage for renewed institutional buying. Historical Fed rate-cut reaction: a prior 58% rally after an initial dip (2024). Bitcoin price prediction: 11% pullback then recovery to $162,000 — read strategy and key data. Act accordingly. What is the Bitcoin price prediction after the recent Fed rate cut? Bitcoin price prediction: Short-term technicals suggest an approximately 11% pullback from current levels, followed by a potential rally to $162,000 if key support holds and institutional flows return. This view aligns with historical market reactions to Fed rate cuts and on-chain liquidity patterns. How much could Bitcoin pull back in the short term? Daily technical indicators, including the Directional Movement Index (DMI), point to increased selling pressure and a possible 11% correction. With Bitcoin at $111,101, an 11% drop would place price in the roughly $99,000–$104,000 range. Short-term weakness often attracts large players who buy on fear. ‘, ‘
The post Bitcoin May See Short-Term 11% Pullback Before Possible Rally Toward $162,000, Analyst Says appeared on BitcoinEthereumNews.com.
Bitcoin price prediction: Bitcoin could see an ~11% short-term pullback to near $99k–$104k before resuming an upward trend toward a potential $162,000 target once institutional fear eases and support holds, according to technical indicators and analyst Ted Pillows. Short-term pullback likely (≈11%) Support consolidation near current levels can set the stage for renewed institutional buying. Historical Fed rate-cut reaction: a prior 58% rally after an initial dip (2024). Bitcoin price prediction: 11% pullback then recovery to $162,000 — read strategy and key data. Act accordingly. What is the Bitcoin price prediction after the recent Fed rate cut? Bitcoin price prediction: Short-term technicals suggest an approximately 11% pullback from current levels, followed by a potential rally to $162,000 if key support holds and institutional flows return. This view aligns with historical market reactions to Fed rate cuts and on-chain liquidity patterns. How much could Bitcoin pull back in the short term? Daily technical indicators, including the Directional Movement Index (DMI), point to increased selling pressure and a possible 11% correction. With Bitcoin at $111,101, an 11% drop would place price in the roughly $99,000–$104,000 range. Short-term weakness often attracts large players who buy on fear. ‘, ‘
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