Preconfirmation on Hekla

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Short-Term Yrend Expectations: * Technical Analyses: According to some technical analyses, Bitcoin is expected to make correction movements in the short term. For example, it is stated that a pullback to the $ 100,400-100,600 band may occur. It is stated that a daily close below $ 100,600 may end the uptrend and trigger declines to $ 98,000. * Profit Taking and Institutional Exits: Profit taking and net exits of institutional investors from Bitcoin Spot ETFs have been effective in the recent declines. This situation may create downward pressure in the short term. * Resistance Levels: It is observed that Bitcoin has difficulty overcoming some resistance levels and has been rejected from these levels. This situation may cause the price to enter a downward trend. Long-Term Uptrend Expectations: * Halving Cycle: When Bitcoin's post-halving cycles are examined, it is seen that there is generally accumulation after the halving and then a parabolic bull phase. It is predicted that 2025 may be the beginning of this parabolic bull phase. * Target Prices: Many analysts have set much higher price targets for Bitcoin in the long term. Targets such as $120,000, $175,000, $200,000 and even $250,000 are mentioned for 2025. These expectations are supported by institutional investments, regulatory clarity and technological developments. * Market Psychology: The levels that coincide with the "bull peak" seen in past cycles and the general trend of the market indicate that the rise will continue in the long term. In summary: According to current information, there seems to be a high probability of some decline and correction in Bitcoin in the short term. In particular, below $100,000 levels are considered critical. However, in the long term, many analysts predict that Bitcoin will continue its rise and reach much higher levels. This requires investors to be careful due to Bitcoin's volatility and the complexity of its market dynamics.

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