{"id":9917,"date":"2025-06-19T10:59:00","date_gmt":"2025-06-19T09:59:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=9917"},"modified":"2025-06-19T10:41:48","modified_gmt":"2025-06-19T09:41:48","slug":"bitcoin-price-prediction-93000-107000","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-price-prediction-93000-107000\/","title":{"rendered":"Bitcoin Targets $93K or $107K Today : Big Move Incoming ?"},"content":{"rendered":"\n

Warning Signals in Bitcoin Derivatives<\/strong><\/h2>\n\n\n\n

According to CryptoQuant analyst Axel Adler, the power of the Bitcoin<\/strong><\/a> futures market has recently shifted towards a bearish trend<\/strong>, reaching approximately -93k. However, this moderate decline primarily reflects investors’ confidence<\/strong> in a further rise beyond the current all-time high level, rather than posing a serious threat to the overall bullish trend<\/strong>.<\/p>\n\n\n\n

\"bitcoin<\/figure>\n\n\n\n

Compared to historical declines of -150K or -450K, this pullback seems more limited<\/strong>. Similar drops of 50K to 150K<\/strong> in the past have generally triggered minor corrections of 5 to 10%<\/strong> in the price of Bitcoin<\/strong>.<\/p>\n\n\n\n

Retail Enthusiasm Remains Strong<\/strong><\/h2>\n\n\n\n

Despite the shift in the futures market towards a more bearish sentiment, other fundamental indicators of the bitcoin market<\/strong> paint a different picture. Firstly, the futures contract premium remains positive across all major exchange platforms<\/a>, reflecting an overall optimistic sentiment<\/strong> among investors.<\/p>\n\n\n

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\"bitcoin<\/figure>\n<\/div>\n\n\n

Source: Coinalyze<\/p>\n\n\n\n

Furthermore, the Bitcoin funding rate, after briefly dipping into negative territory 10 days ago, has returned to positive territory<\/strong>. With a futures contract premium in place, this positive funding rate<\/strong> indicates an expectation of continued price increases. Additionally, open interest in Bitcoin derivatives has remained stable around $33 billion in recent days, suggesting no aggressive bearish positions<\/strong> from traders<\/a>.<\/p>\n\n\n\n

Bitcoin Holding Strong Between 93K and 107K<\/strong><\/h2>\n\n\n\n

Ultimately, despite this brief bearish turn in the futures market, the fundamental aspects of the bitcoin market remain robust<\/strong>. Should a correction occur, a near historic support around $102,850<\/strong> could serve as a support zone.<\/p>\n\n\n

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\"bitcoin<\/figure>\n<\/div>\n\n\n

Conversely, if macroeconomic and derivatives indicators maintain their current levels, Bitcoin could continue to consolidate between $104,000 and $107,000<\/strong>. It would then remain close to its all-time highs.<\/p>\n\n\n\n

Thus, even though bears have appeared in the market, they have not yet managed to take control. The path remains open for a new test of Bitcoin’s historical highs<\/strong> in the near future.<\/p>\n\n\n\n

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ByBit is back, try out the exchange early to buy Bitcoin<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n