๐ฅ Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Weekโs Key Question: The market looks bullish, but the ATH remains a major resistance level.
๐ณ๏ธ Share your takeโletโs see where the market goes!
#GT# #BTC# #XRP# #ETH# #DOGE# ๐ธ๐ฐ๐๐จ๐๐ฎ๐ฏ๐ฏ๐๐ช
๐ Bitcoin
What does the annual chart tell us?
The annual price chart of Bitcoin (YoY) is one of the clearest indicators of where we are in the market cycle.
It shows the amount of change in the price of BTC compared to the same date one year ago.
๐ข Annual > 0% = Bitcoin Bitcoin higher than the same date last year
๐ด Annual < 0% =
#
Bitcoin
Trading is down compared to last year.
What we see now:
โ The annual change is positive, but not excessive.
โ Similar levels have historically occurred before significant price increases (2016, 2020)
โ Peak values (+1000% and above) are consistent with the local peaks (2017, 2021)
๐ก Fast Meal:
The market has returned to positive territory compared to last year - but it is far from euphoria.
This could be the beginning of a new wave, not just an end.