Bitcoin continues to edge closer to the $100,000 psychological price mark, trading at $96,857 at the time of writing. Although the asset pulled back slightly from a 24-hour high above $97,000, it still recorded a 2.4% increase over the past week, maintaining its broader uptrend. Recent on-chain data points to a growing sense of bullish…
Tag: BTCUSDT
Bitcoin Stochastic RSI Signals Brewing Bullish Momentum – ATH Incoming?
Bitcoin (BTC) has surged 14.6% over the past two weeks, rising from approximately $84,500 on April 18 to the mid-$90,000 range at the time of writing. With this upward momentum, the leading cryptocurrency appears to be setting its sights on a new all-time high (ATH), as several technical and momentum indicators hint at a growing…
Bitcoin Could See A Weekend Rally To $100,000 – Is BTC Ready For New Highs?
As Bitcoin (BTC) attempts to break out from its weekly range, its price eyes the crucial $99,000-$100,000 resistance barrier, fueling bullish sentiment among investors. Multiple analysts forecast that the flagship’s crypto next all-time high (ATH) rally is around the corner, with some suggesting that the initial jump could come in the coming days. Bitcoin To…
Bitcoin Sandwiched Between Major Support & Resistance Levels—Can Bulls Win Out?
On-chain data shows the Bitcoin spot price is currently sandwiched between two zones where a large number of investors last bought their coins. Bitcoin Is Trading Between Two Major On-Chain Demand Zones In a new on-chain analysis, support and resistance levels are defined based on investor cost basis. The reason behind this is naturally the…
Bitcoin ATH Incoming? Analyst Flags Indicators That Preceded Every Major BTC Rally
Bitcoin continues to extend its recent recovery, gaining over 15% in the past two weeks to reach a market price of $97,559 at the time of writing. This renewed momentum brings the asset closer to the $100,000 psychological level, marking a potential turning point for investor sentiment in the broader crypto market. While short-term price…
Bitcoin Price Breakout Confirmed — Eyes on Next Key Level
Bitcoin price is rising again above the $95,000 zone. BTC is gaining pace and might aim for a move above the $97,500 resistance zone. Bitcoin remained supported above the $94,500 zone. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at…
Bitcoin Is Warming Up: Analyst Maps 3 Scenarios That Could Trigger the Next Big Rally
Bitcoin is inching closer to the $100,000 milestone, continuing a steady upward trend that has characterized its recent market behavior. As of the time of writing, the asset is trading at approximately $96,091, marking a 3.6% increase over the past week. This sustained climb follows a correction seen in early April and suggests that the…
Bitcoin Flashing Pre-Rally Signals Seen Before Major 2024 Breakouts, Analyst Says
According to a recent CryptoQuant Quicktake post, Bitcoin (BTC) could be preparing for its next major move. Contributor Crypto Dan highlighted that BTC is currently forming an accumulation pattern similar to those observed in 2024 – patterns that were followed by significant rallies. Bitcoin Showing Signs Of Big Rally Bitcoin has surged over 13% in…
Bitcoin HODLer Selling Expected Around This Level, Report Says
The on-chain analytics firm Glassnode has revealed in a report how sell-side pressure may see an uptick from Bitcoin long-term holders around this price level. Bitcoin Long-Term Holder Profit Will Hit 350% At 99,900 In its latest weekly report, long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their coins since…
North Carolina Passes Bill To Integrate Bitcoin Into $127 Billion Pension Fund
The North Carolina House has recently approved two significant bills that aim to transform the management of the state’s pension fund, allowing for a modernized investment strategy that includes cryptocurrencies like Bitcoin (BTC). This legislative move comes in response to a $16 billion deficit in the pension system and a need for improved investment returns…