Tag Archives: bitcoin breakout

Bitcoin Double Bottom Formation Eyes $82,500 Rally – Breakout Or Rejection Next?

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As Bitcoin (BTC) attempts to hold the $74,000-$75,000 area, an analyst suggested that the flagship crypto could see another 10% rally toward a key area, but warned that this level could be the ceiling. Bitcoin Double Bottom Breakout Targets Key Level In a Wednesday analysis, crypto analyst Rekt Capital shared an outlook for Bitcoin’s potential… Continue reading Bitcoin Double Bottom Formation Eyes $82,500 Rally – Breakout Or Rejection Next?→

Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows

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On-chain analytics firm Glassnode has highlighted how Bitcoin has only seen a relatively thin accumulation band form during the recent consolidation range. Bitcoin STH CBD Shows Accumulation Remains Thin In a new Cost Basis Distribution (CBD) of the short-term holders. The CBD here refers to an indicator that tells us about the amount of supply… Continue reading Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows→

Bitcoin ‘Sandwiched’ Between Two Key Zones As Price Tops $71,000 – Major Move Ahead?

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Bitcoin (BTC) is retesting resistance levels as its price recovers the $71,000 mark. However, an analyst has warned that the bear market is expected to continue and that the latest bounce could be short-lived. Bitcoin Eyes Reclaim Of Former All-Time High Resistance On Tuesday, Bitcoin surged 7.5% from the Sunday lows toward the $71,000 area,… Continue reading Bitcoin ‘Sandwiched’ Between Two Key Zones As Price Tops $71,000 – Major Move Ahead?→

Bitcoin Reclaims $73,000 Amid Iran War Volatility, But Analyst Issues Key Warning

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As the crypto markets rebounded on Wednesday, Bitcoin (BTC) bounced back from the recent selloff triggered by the escalating Middle East conflict, targeting a surge toward high levels. While some market observers see this as a sign of strength and potential bottoming, others warn that the rally could be short-lived. Bitcoin Shows Strength Despite Growing… Continue reading Bitcoin Reclaims $73,000 Amid Iran War Volatility, But Analyst Issues Key Warning→

Bitcoin Consolidating In A Triangle—Is A 15% Move Next?

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A cryptocurrency analyst has highlighted how Bitcoin has been trading inside a Triangle that could set up a 15% move for the asset. Bitcoin Is Potentially Consolidating Inside A Symmetrical Triangle In a new technical analysis (TA) pattern that Bitcoin has been trading inside recently. The pattern in question is a “Triangle,” which is a… Continue reading Bitcoin Consolidating In A Triangle—Is A 15% Move Next?→

Bitcoin Nears ‘Historic’ Technical Test As Price Eyes $93,500 Barrier – What’s Next?

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As Bitcoin (BTC) breaks out of key resistance levels, an analyst suggests that the cryptocurrency is positioning itself for a move to higher levels and a retest of a crucial technical area in the coming weeks. Bitcoin Approaching Make-Or-Break Test On Tuesday, Bitcoin surged 2.5% to retest the $93,500 resistance level for the first time… Continue reading Bitcoin Nears ‘Historic’ Technical Test As Price Eyes $93,500 Barrier – What’s Next?→

Bitcoin Breakdown Averted? Analyst Says This Level Will Determine BTC’s Fate

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After retesting the range lows, Bitcoin (BTC) has closed the week above a key area, momentarily preventing a breakdown to lower levels. Some market watchers suggested that reclaiming the local range highs this week will set the stage for another leg up, but an analyst warned of potential volatility in the coming days. Bitcoin Holds… Continue reading Bitcoin Breakdown Averted? Analyst Says This Level Will Determine BTC’s Fate→

Bitcoin Attempts $111,000 Reclaim, But Last Leg Up Could Be Weeks Away – Analyst

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Bitcoin (BTC) has seen a 4% bounce from the lows to retest a crucial resistance level, which could determine whether a breakout or a breakdown is next. Meanwhile, an analyst suggested that BTC’s final leg up and cycle peak could come in the coming weeks. Bitcoin Key Attempts Key Level Reclaim Following its recent drop,… Continue reading Bitcoin Attempts $111,000 Reclaim, But Last Leg Up Could Be Weeks Away – Analyst→

Analyst Says Bitcoin’s Final Leg Is Near – Time To Be ‘Cautiously Optimistic’?

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As Bitcoin (BTC) continues to trade within its local range, the cryptocurrency eyes a trend continuation, aiming to go on uncharted territory again. Despite the bullish setup, an analyst suggests that investors start to become more cautious as the weeks progress. Bitcoin Bull Flag To Determine Next Move Since the early July breakout, Bitcoin has… Continue reading Analyst Says Bitcoin’s Final Leg Is Near – Time To Be ‘Cautiously Optimistic’?→

All 40K Remaining Bitcoin From The 80K Whale Just Moved: $4.75B In One Wallet Now

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After reaching a record high of $123,200, Bitcoin is now consolidating around the $118,000 level. Market participants remain on alert as top analyst Darkfost reported a major development involving one of the oldest and most closely watched wallets in crypto history. According to the analyst, the remaining 40,000 BTC—valued at approximately $4.75 billion—still held by… Continue reading All 40K Remaining Bitcoin From The 80K Whale Just Moved: $4.75B In One Wallet Now→