BTC One Month Technical Analysis

The 1-month candlestick chart for Bitcoin on Binance shows a strong and sustained bullish trend. The current price stands at $97,107.99, reflecting a 3.12% increase for the month, with a high of $97,895.68 and a low of $94,130.43. The 7-period moving average (MA7), positioned at $92,941.93, is trending sharply upwards and remains well above the 25-period moving average (MA25), which sits at $61,130.21. This wide gap between the short- and long-term moving averages reinforces the strong bullish momentum. The price action shows consistent higher highs and higher lows, indicating strong buyer interest and sustained upward pressure. The most recent candles confirm a breakout continuation after a brief consolidation phase. With the current trend and moving average alignment, the market structure remains firmly bullish, suggesting potential for further upside unless a significant reversal pattern or volume shift emerges.

BTC One Year After Perdiction

Based on the current strong bullish trend, price momentum, and technical indicators, the outlook for Bitcoin over the next year appears optimistic. If the market maintains its current structure of higher highs and higher lows, and the price continues to hold above key moving averages, Bitcoin could potentially surpass the $100,000 psychological resistance level within the next few months. Assuming no major macroeconomic disruptions or black swan events, and with continued institutional interest and positive sentiment, a price range between $120,000 to $150,000 by May 2026 is a realistic target. However, periods of correction and consolidation should be expected along the way, especially around major resistance zones. Long-term investors should monitor moving average crossovers, volume trends, and macroeconomic shifts to validate the continuation of this uptrend.

Should We Buy it Or Not?

Whether you should buy Bitcoin right now depends on your risk tolerance, investment goals, and time horizon. Here’s a clear breakdown to help you decide:

Reasons to Consider Buying:

  • Strong Uptrend: The monthly chart shows a well-established bullish trend, with price comfortably above key moving averages.

  • Institutional Support: Increasing interest from large investors and ETFs is fueling long-term optimism.

  • Macro Potential: If the trend continues, BTC could reach $120,000–$150,000 within a year.

 Risks to Consider:

  • Volatility: Bitcoin can experience sharp drops, even in a bull market. A 20–30% correction is not uncommon.

  • Global Events: Regulatory news, economic shifts, or geopolitical issues could impact the market suddenly.

  • Overbought Conditions: Short-term indicators might suggest a pullback is near, offering better entry points.

 Recommendation:

  • If you’re a long-term investor (1 year or more), a gradual entry (DCA – dollar-cost averaging) strategy may be wise to reduce risk and avoid buying at short-term peaks.

  • If you’re a short-term trader, wait for a small correction or consolidation before entering to optimize risk-reward.

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