Bitcoin Surges 10% In A Week: Key Levels To Watch

The Bitcoin price surged past $73,000 in the past week, indicating an improved investor risk appetite despite the overwhelming sentiment. This recent rally has been attributed to several factors, but most notably the announcement of a temporary ceasefire in the US-Iran conflict. With the rise in the spot market, other pricing models are emerging with… Continue reading Bitcoin Surges 10% In A Week: Key Levels To Watch

Bitcoin Surpasses Realized Price Of Recent Buyers — Rally Incoming Or Double Top?

Recent positive price action has propelled Bitcoin (BTC) above the short-term holders’ realized price of $91,000. This development has prompted some crypto analysts to question whether BTC’s newfound strength is sustainable – or merely a bull trap ahead of a major pullback. Is Bitcoin About To Rally Or Will It Double Top? US President Donald… Continue reading Bitcoin Surpasses Realized Price Of Recent Buyers — Rally Incoming Or Double Top?

Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst Says

In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to sustain its bullish momentum. Analyst Highlights Key Bitcoin Cost Basis Zones Bitcoin is beginning to show signs of newfound strength, with the top digital asset surging nearly… Continue reading Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst Says

Bitcoin Needs Weekly Close Above This Level To Confirm Market Bottom, Analyst Says

In an X post published yesterday, crypto analyst Matthew Hyland highlighted that according to the weekly timeframe chart, Bitcoin (BTC) is likely to test the support level between $69,000 to $74,000 in the coming months.  Is The Bitcoin Bottom In? Hyland noted that BTC’s weekly resistance level currently hovers around the $90,500 level. The analyst… Continue reading Bitcoin Needs Weekly Close Above This Level To Confirm Market Bottom, Analyst Says