Bitcoin price resumed its upward trend this week as it crossed the important resistance at $97,000 and reached its highest level since February. Bitcoin (BTC) was trading around $96,500 at last check Saturday. That’s up 30% from the lowest in April. This article looks at some of the top three reasons it may surge to a new all-time high this year. Bitcoin supply in exchanges is falling The first main bullish aspect is that the supply of Bitcoin on exchanges has tumbled to 1.42 million, the lowest level in over…
Tag: Price
A coiled spring? Whales accumulate, price rebounds
Cardano price continued to consolidate this week, but the ongoing whale accumulation and its technical pattern points to a rebound. Cardano (ADA), the popular layer-1 network, was trading at $0.70 on Saturday, a level it has remained at in the past few days. There are signs that whales are starting to accumulate as they expect the price to rebound in the coming weeks. Santiment data shows that the amount of ADA coins held by whales with between 10 million and 100 million coins has jumped to 12.8 billion, up from…
Ethereum nears key Bitcoin price level that last time sparked 450% gains
Ethereum’s Ether (ETH) token is approaching a critical price zone against Bitcoin (BTC), which historically marked the beginning of a massive rebound. ETH price fractal from 2019 hints at bottom The ETH/BTC pair, currently trading near 0.019 BTC, is edging closer to 0.016 BTC — the exact level it reached in September 2019 before rallying nearly 450% over the following year. ETH/BTC weekly performance chart. Source: TradingView The current ETH/BTC setup resembles 2019, with both periods marked by oversold relative strength index (RSI), long stretches below key moving averages, and…
Bitcoin Price Watch: Bearish Pressure Builds Despite Uptrend Support
Bitcoin is trading at $96,101 with a market capitalization of $1.907 trillion. Over the last 24 hours, its trade volume reached $21.413 billion, moving within an intraday range of $95,944 to $97,821. Bitcoin On the daily chart, bitcoin (BTC) maintains a bullish trend following a steady climb from the $74,434 level to a recent high […] Original
Bitcoin Price Confirmed Local Bottom As All Indicators Flash Bullish, Where’s Price Headed?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Bitcoin price has just printed a major bullish signal, officially confirming a strong local bottom and sparking renewed sentiment among analysts. This bullish shift comes after April closed…
Peter Brandt Predicts When Bitcoin Price Might Reach $150,000, Technical Signals Show Where Market Is At
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s price action has broken above $96,000 in the past 24 hours, strengthening the case for a sustained move into six-figure territory. This recent price action is particularly significant…
Bitcoin price faces resistance as funding rates flip positive
Bitcoin’s price is approaching major resistance zones while funding rates flip increasingly positive—an indication that long exposure is building up. But is this bullish pressure sustainable, or a sign of overheating? Bitcoin’s (BTC) current price movement is testing a key area of resistance following a powerful rally, largely driven by a short squeeze. Now hovering just below $98,000, BTC is encountering strong supply at the confluence of the descending trendline, the 0.618 Fibonacci level, and the point of control from previous trading ranges. At the same time, funding rates across…
SUI Hype Grows As Price Action Points To A Rally: $4 Level In Focus
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. SUI is now trading at a pivotal level after confirming a bullish structure on the short-term chart. Following a strong recovery from its local lows in early April, the…
Bitcoin price prediction – BlackRock’s $700,000 target meets CryptoQuant’s reality check
Has Bitcoin price prediction turned a corner, with real on-chain movement toward $175,000 — or are we skipping steps by already entertaining BlackRock’s $700,000 thesis? BTC nears $98K as bullish momentum reignites After weeks of sideways movement, Bitcoin (BTC) nearly touched $98,000 on May 2, reaching a high of $97,905. As of this writing, BTC is trading around $97,650, slightly below its peak but still holding most of its recent gains. BTC price chart | Source: crypto.news From a historical standpoint, Bitcoin has recovered more than 24% from its February…
Bitcoin Price Watch: Bulls Target $100K After Breakout Surge
Bitcoin traded between $96,869 and $97,057 over the last hour, maintaining a tight range near recent highs. With a 24-hour intraday range of $95,925 to $97,341, the leading cryptocurrency boasts a $1.92 trillion market capitalization and a 24-hour trading volume of $27.81 billion, signaling sustained investor interest. Bitcoin The daily BTC/USD chart reflects a strong […] Original