Bitcoin has demonstrated a consistent upward trajectory since January 2023, achieving an impressive 565.42% increase over 749 days Clearly showing a bullish trend in a long-term perspective.
On the weekly chart, price has triggered the fair value gap priced at 73k-78k which is also a fair price on the demand and supply curve, presenting favorable conditions for traders.
Although Bitcoin's all-time high from January 2025 remains untested, recent price corrections—driven by macroeconomic factors such as U.S. tariffs and inflation in this recent months may seem a bit shaky for the market, but if you zoom out and look at it at a long term perspective It just looks like a healthy price correction of the market.
On the weekly chart, price has triggered the fair value gap priced at 73k-78k which is also a fair price on the demand and supply curve, presenting favorable conditions for traders.
Although Bitcoin's all-time high from January 2025 remains untested, recent price corrections—driven by macroeconomic factors such as U.S. tariffs and inflation in this recent months may seem a bit shaky for the market, but if you zoom out and look at it at a long term perspective It just looks like a healthy price correction of the market.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.