Bitcoin Eyes Rally Back To All-Time High, But Key Level Must Hold For A Breakout
Uncertainty lingers around Bitcoin’s next price trajectory as the general crypto market undergoes a robust whirlwind triggered by political events, economic shifts, and waning investor sentiment. However, there is still a chance that the asset might experience a rally soon, but there is a catch. Bitcoin Price Major Upswing Hinges On This Level Following several […]
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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. Related Reading: BNB Chain’s RWA Value Tops $3.5 Billion As Global Ecosystem Grows Bitcoin Double Bottom Breakout Targets Key Level In a Wednesday analysis, crypto analyst Rekt Capital shared an outlook for Bitcoin’s potential rally, as it holds the $73,000-$74,000 area as support for the first time in a month. The analyst highlighted that BTC’s price continues to move between its 2021 and....
The price of Bitcoin appears to have broken out above $40,000 putting new all-time highs within reach. Bitcoin’s (BTC) price broke through the crucial level at $35,000 and continued its run above $40,000 on Feb. 6, just days after MicroStrategy's pitched Bitcoin to over 1,4000 companies. This breakout above $35,000 earlier this week was significant as it opened the door to a new all-time high test. The final hurdle at $40,000 has prevented BTC from a new all-time high, while many all-time highs were established by altcoins during the past week. Indeed, the crypto market is going parabolic....
The Dogecoin price looks set to witness a breakout above the psychological $1 level, having broken a resistance trendline. Crypto analyst Trader Tardigrade provided a timeline for when this massive surge could happen as DOGE rallies to a new all-time high (ATH). Dogecoin Price Eyes Rally Above $1 Following Breach Of Resistance Trendline In an […]
SUI nears a crucial resistance level as intuitional momentum continues to grow and the network scores major partnerships. Some analysts suggest that the altcoin could see a breakout to new highs if the current levels hold. Related Reading: Bitcoin Set Up For ‘Promising’ Q4, Next Two Weeks Could Be Decisive SUI $4 Retest In Sight On Thursday, SUI surged 4.2% from its daily opening to reclaim the $3.90 area for the first time in a month. The cryptocurrency has been hovering within the $2.50.00-$4.00 price range after the May breakout, hitting a multi-month high of $4.44 in late July. Since....
Solana (SOL) could be near the long-awaited price discovery phase after climbing to a seven-month high. However, an analyst suggested investors remain cautious, as the market rally is “closer to the end than the beginning.” Related Reading: Avalanche (AVAX) Hits 7-Month High After Key Resistance Breakout – Analysts Eyes $40 Next Solana Eyes Last Major Resistance On Friday, Solana reached a seven-month high of $241.84 after breaking out of its consolidation range earlier in the week. The cryptocurrency had been trading within the $120-$220 price range since the start of February, failing to....