Bitcoin looks ‘ridiculous -laugh’ as ​​Bulls attempted the $ 2T Market Cap Flip – Analyst

Basic Points:

• Bitcoin has a fight for both $ 100,000 and a $ 2 trillion market cap in its hands this month.

• The dips below the six figures are “easy possible,” said analyst Filbfilb, but the odds are stacked in favor of the bulls.

• ETH/BTC needs to press the 0.03 point of inflection as part of an altcoin comeback.

Bitcoin (Btc) has prepared for expanding BTC price action that rarely “looks bullish,” says a popular analyst.

To her Latest commentary In X, the popular market analyst Filbfilb has revealed a major battle with today’s BTC/USD support.

Filbfilb in $ 100,000 battle: “This time is no different”

Bitcoin began to combine after making fast acquisitions this month, along with the north area of ​​just $ 100,000 seeing moving “choppy” prices.

For Filbfilb, however, the current market behavior is more than just reclaiming six numbers.

Bitcoin’s market cap is now fighting to i -flip the $ 2 trillion mark from fight back to firm support after it disappears at the start of February, data from Cointelegraph Markets Pro and Tradingview Confirmed.

“Bitcoin is currently in 2 tril resistance to BTW, not just 100K,” he told X followers.

Tug-of-War came as Bitcoin’s dominance of the general crypto market cap itself starting to fadeleading some to expect the rearrangement of the altcoins.

Giving her thoughts To the largest altcoin, ether (Eth) Compared to BTC, Filbfilb said the “change of trend” once the ETH/BTC recovered 0.03, a level also last seen in early February.

The phase out, however, the implications of Bitcoin that certainly leave $ 100,000 on the back are simple.

“$ 1 or $ 100 is usually a sticky point for most properties because of people. Do exercise and look at other properties; they all do similar things,” continued Filbfilb, which determines the psychological importance of circle price points.

“Burn the number twist after the age of resistance to liquidate shorts, back in the 80s, then look for expansion later. I believe it’s not different.”

BTC/USD found multimonth lows around $ 75,000 in April. Number Cointelegraph reported.

“Honestly funny”

Meanwhile, Bitcoin is continuing to put bullish prices from long traders and analysts, agreeing that the current slowing down is a rock step on the way to an all-time rematch high near $ 110,000.

Related: BTC Bulls get ‘biggest signal’ – 5 things to know in Bitcoin on Sunday

Targets Include $ 120,000 In the short period of time, with June in line for $ 150,000 or more.

“As for Bitcoin … honestly .. funny, the more you look out, the more crazy it looks,” Filbfilb added in perspective.

“Short -term pullbacks below 100k are easy, however, I haven’t seen such something that looks bullish for a long time.”

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.