Bitcoin price started a fresh upward move above $100,000. BTC faces resistance at $103,000 and might aim for an upside break. Bitcoin started a decent upward move above the $100,000 zone. The price is trading below $103,200 and the 100-hourly simple moving average. A key bearish trend line is forming with resistance at $102,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it stays below the $103,000 zone. Bitcoin Price Holds Support The bitcoin price began a new downward trend well below $103,000 and $102,500. Additionally, Bitcoin fell below…
Author: Hoorab Malik
Today, Bitcoin reversed course and surged above $103,000. Now, we need to know if this recovery can keep going strong enough to reach the $107K mark. The bitcoin market is going up as worries about DeepSeek AI go down. As Bitcoin recovered and climbed over the $103,000 threshold, the overall crypto market capitalization regained the $3.5 trillion milestone. Can Bitcoin’s recent recovery rally continue to reach $107,000? The market has recovered to a $2 trillion valuation thanks to it. Bitcoin Price Analysis The price of Bitcoin has broken over the 200 EMA line and is now showing a quick V-shaped…
Despite making money in the past, a crypto trader now has $8.48 million in the red due to the 70% decrease in the Trump meme coin since its all-time high. Now what? Many variables, including the investor’s trading abilities and the market’s performance, contribute to the high-risk, high-reward nature of the cryptocurrency trading sector. This circumstance is eloquently described by one crypto trader and their extensive expertise. After making $22.7M in TRUMP coin in the first trade, the person lost $8.48M in the second trade. Exciting Ride for Crypto Traders With TRUMP Coin TRUMP, the official coin of US President…
If you are new to cryptocurrency and want to know how to invest wisely, this guide will walk you through the process step-by-step. In 2024, 26% of Singaporeans reported owning cryptocurrency, which is impressive compared to 21% in the US, 13.6% in South Korea, and 14.3% in Hong Kong. Singapore is a leading example of crypto adoption in the Asia-Pacific region. Is Bitcoin legal in Singapore? Although Bitcoin is not legal tender, it is allowed to trade in Singapore. Singapore offers favorable regulations for cryptocurrency ownership and trading. In the 2023 Bybit Fintech versus Ho Kai Xin case, the Singapore…
Publicly traded companies buying Bitcoin for reserves was ludicrous for years. The top cryptocurrency was too volatile and fringe for major businesses. Biggest Bitcoin Portfolios: Significant institutional investors have bought Bitcoin in recent years, breaking that taboo. In August and September 2020, cloud software business MicroStrategy bought $425 million in Bitcoin, igniting the flood! Tesla and payments processor Block followed. According to Bitcoin Treasury, 2.8% of the 21 million BTC supply is held by public companies. Right now, these are the biggest holders. MicroStrategy MicroStrategy stores BTC. The mobile app and cloud service aggressively bought millions of bitcoins. It holds…
The bitcoin price struggled near $107,000 and corrected gains. BTC is now approaching $100,000 and might find bids in the near term. Over the past decade, it has become a barometer for the health of the broader cryptocurrency market. Recently, Bitcoin experienced a minor pullback after inching dangerously close to the monumental $100,000 mark, sparking a global conversation. Bitcoin started a downside correction from the $107,000 zone. The price is below $103,500 and the 100-hourly simple moving average. Below was a break in a connecting bullish trend line with support at $104,800 on the hourly chart of the BTC/USD pair…
Bitcoin markets are bullish, and the Fear & Greed index is reading greed. The most important support levels to watch are $ 101,390, $ 98,740, and $ 96,205, while the key resistance levels are $ 106,575, $ 109,110, and $ 111,760. Twenty-seven indicators are currently signalling a bullish prediction for Bitcoin, while 2 indicators are showing a bearish forecast. With 93% of indicators favouring a positive prediction. This results in an overall bullish sentiment for Bitcoin. Bitcoin in the last 30 days Bitcoin has been displaying a positive trend recently, gaining 7.03% in the last 30 days. The medium-term trend for Bitcoin has been bullish, with…
Bitcoin, the most valuable cryptocurrency, has long captured the imagination of investors and traders alike. Recently, it has surged towards a historic price level of $100,000, a milestone that many view as a critical juncture for the digital asset. This momentous rise has sparked intense debate about Bitcoin’s future, compelling bulls and bears to reassess their positions. As Bitcoin navigates this pivotal phase, understanding the market dynamics, recent trends, and broader implications of this price level is essential for anyone interested in the cryptocurrency landscape. Recent Trends and Price Movements Since its inception, Bitcoin has been notorious for its price…
Bitcoin’s (BTC) price cycle is gaining momentum, with analysts pointing to a striking resemblance to historical patterns. Notably, trading expert Trader Tardigrade has drawn comparisons between Bitcoin’s price action in January 2024 and January 2025, suggesting that this recurring trend could push the cryptocurrency to a new all-time high of $170,000 by the end of March 2025. Historical parallels fuel optimism In January 2024, Bitcoin experienced a sharp breakdown but staged a robust recovery, delivering significant gains by March. The ongoing recovery in January 2025 appears to follow a similar trajectory, with analysts predicting a potential rally if historical patterns hold. Breakdowns…
According to the technical analysis, Bitcoin’s prediction for today is bullish. BTC is currently trading around $104,050, having recently broken through the critical resistance level of $104,000. This surge suggests a continuation of the upward trend that began after a recent pullback to approximately $89,000, where BTC tested EMA50 and bounced back up. Bitcoin’s short-term price prediction BTC is now targeting the next major resistance at $105,000. This level has been a formidable barrier in the past and could challenge further upward momentum. Should BTC overcome this resistance, it may aim for new all-time highs in the $110,000 to $115,000…