Bitcoin analysts are betting on 200,000 dollars after federal reserve hints at price discounts

Main meals:

• Bitcoin increased by 5 % to $ 117,300 after the Federal Reserve Chairman Jerome Powell hinted to reduce the next interest rates, settling 379.88 million dollars.

• Analysts say BTC “Uptrend has returned”, with the ability to reach $ 200,000 before the end of the year.

Bitcoin (BTCASK liquidity took off more than $ 117,000 on Friday after the Federal Reserve Chairman Jerome Powell hinted to reduce the potential interest rate in September during his speech at Jackson Hall.

The BTC price increased by more than 4 % to the highest level during the day 117,300 dollars on Bitstamp from the lowest level in six weeks at 111,600 dollars.

According to Coinglass Data379.88 million dollars were filtered in short positions, with the ether (EthIt represents 193 million dollars of this total Nearly 15 % increased to 4,760 dollars. Bitcoin follows $ 56.4 million in short qualifiers.

Related to: Bitcoin’s 5 -day investment fund

In all areas, a total of $ 629.48 million was eliminated outside the market in short and long locations, as shown in the figure below.

the The sudden recovery of the market The liquidation of 150,217 merchants during this period, as many guardians were held while investor morale turned to the rise.

Bitcoin recycling map showed that eating takes liquidity away from $ 117,000, with more than $ 259.5 million requesting a request between $ 117,000 and $ 118,000.

Bitcoin analyzers say “Al -Soulaliya translated”

BTC has swept its lowest levels less than $ 112,000Providing traders with a good entry mode, according to the founder of MN Capital Michael Van De Poppe.

Earlier in the week, Van De Poppe told his followers X to be looking for a sweep under August 3. A great area for accumulation.

“A small wiping and a massive immediate action occurred to #Bitcoin,” He said In the publication of X on Friday, adding:

“The upward trend has returned.”

Fellow analyst Jill He said The price of bitcoin may be recovered after the pump today, but there is still one clear thing: “The market wants higher.”

This comes at a time when many participants in the encryption industry recently participated in the recent prices in the encryption market. Analyst Bikant said on Monday that his session is the height of his session The goal of $ 145,000 for Bitcoin He was still playing throughout 2025.

Meanwhile, European Research Head of BitWise André Dragosch in the Cointelegraph series in the Reaction Daily X series on Monday said that US President Donald Trump’s move to allow encryption in retirement plans 401 (K) Bitcoin paid to $ 200,000 By the end of the year.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.