Usman Salis
● Turkish crypto analyst mühendisborsa recently shared his outlook for Bitcoin, predicting it'll stay rangebound between $99K and $130K until the end of the year. According to him, traders "only need to follow this chart until year-end" — these two technical levels should define where Bitcoin moves next.
● His analysis points to Bitcoin's weekly EMA55 (sitting around $99K–$100K) as critical support. This moving average has historically been a turning point where buyers step in. On the flip side, trend resistance near $129K–$130K acts as the upper boundary, where we might see profit-taking or consolidation.
● The setup presents both structure and risk. If Bitcoin breaks below the EMA55, we could see a drop toward $90K. But a push above $130K might spark a rally toward new all-time highs.
● This range reflects the current balance in the market — accumulation versus profit-taking. Holding above the EMA55 suggests institutional buyers are still confident, while repeated rejections at resistance could mean momentum is fading.
● Compared to volatile equities and metals like gold and silver (which the analyst also tracks), Bitcoin's consolidation shows it's building a foundation before its next major move — likely shaped by macro conditions and liquidity trends.
Usman Salis
