While Bitcoin evolves around 96,000 dollars, Ki Young Ju, CEO of cryptocurrency, says that a major correction should not compromise Bull Run in 2025. This analysis comes in a context of increasing institutional adoption in the United States .
An analyst claims that bitcoin will remain bruise even after a fall at $ 77,000
Ki Young Ju, a recognized expert in the Crypto market, shared his analysis on February 19 on the X platform. According to him, Bitcoin could experience a 30 % correction from its highest historical people while maintaining its upward dynamics. This projection is based on the study of previous cycles, where similar corrections have not reversed the general trend.
The analyst identifies several crucial support levels. The most important is at 89,000 dollars, corresponding to the average entry price of investors from ETF Bitcoin. Another significant level is $ 59,000, representing the binance traders' balance point. For minors, the profitability threshold is 57,000 dollars, a historically decisive level to confirm entry into the lower market.
This technical analysis is reinforced by an increasing institutional adoption. Several American states are currently studying the possibility of creating their own Bitcoin strategic reserves. On February 16, twelve states, including California, invested collectively $ 330 million in Strategy (ex-microstrategy), the main institutional Bitcoin holder with 478,740 BTC in reserve.
Post-halving perspectives and bullish catalysts
The April Halving event is another determining factor. Historically, this reduction in half of the minors' award has always preceded significant increases. However, since the last halving, Bitcoin has only increased by 60 %, suggesting a potential of increase still unexploited according to cryptocurrency.
The Timo Oinonen contributor analyst anticipates an evolution in several phases: a possible correction in May, followed by a period of summer stabilization, before an upward recovery in the last quarter. This projection is based on the positive seasonality of the fourth quarter, observed recurrently since 2013.
Faced with these elements, current consolidation appears as a transitional phase rather than a trend reversal. The combination of an increasing institutional adoption, the effects of halving and the resilience of the retail market suggests that Bitcoin could maintain its upward dynamics despite possible significant corrections. Meanwhile, FTX victims began to be reimbursed, and part of these funds could be reinvested in cryptos, supporting the market.
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