cryptd.in

另类 LinkedIn 适合加密人才

Bitcoin Could See A Weekend Rally To $100,000 – Is BTC Ready For New Highs?

-

由

cryptd.in
于

As Bitcoin (BTC) attempts to break out from its weekly range, its price eyes the crucial $99,000-$100,000 resistance barrier, fueling bullish sentiment among investors. Multiple analysts forecast that the flagship’s crypto next all-time high (ATH) rally is around the corner, with some suggesting that the initial jump could come in the coming days.

Bitcoin To $100,000 This Weekend?

Over the past two weeks, Bitcoin has recovered from its sub-$80,000 correction, breaking above the $90,000 mark and reclaiming the $93,5000 resistance to re-enter its post-US elections price range.

Amid its recovery, the cryptocurrency consolidated between the $93,000-$96,000 range, moving sideways for the last weeks. The start-of-month pump has seen BTC break out of this range after being compressed during this period, resembling its performance from two weeks ago.

Analyst Daan Crypto Trades explained that BTC surged to the $83,000-$86,000 region during the mid-April recovery, consolidating for over a week before a small 2% breakout toward the $87,500 resistance. This was followed by a two-day “tight chop” and a breakout to a new higher range.

bitcoin

He suggested that Bitcoin displays “a similar setup as the week before” as it has ranged and compressed within the $93,000-$96,000 zone and jumped around 2% to the $97,700 mark.

Additionally, the largest crypto by market capitalization’s “tight chop” phase could have started as its price has hovered between $97,050 and $97,700 for the past few hours.

If BTC replicates its recent performance, the flagship crypto could rally around 8% toward a new range at the end of the weekend and retest $99,000-$100,000 in the coming days.

BTC Resembles Q4 2024 Price Action

Meanwhile, analyst Rekt Capital suggested that Bitcoin could repeat its Q4 2024 performance. He 突出显示 that BTC has recovered from its downside deviation to reclaim its recent re-accumulation range, but it’s facing a lower high resistance within this zone.

Notably, the cryptocurrency experienced the same situation in the post-halving re-accumulation range, initially rejected from the lower high to fall to the range’s lows. Weeks later, Bitcoin broke above the lower high resistance, restesting it as support before breaking out and soaring to a new ATH.

The analyst noted that the idea was first explored before the US election pump, suggesting that BTC could mimic its Q1 2024 rally, fueled by the US spot Bitcoin Exchange-Traded Funds (ETFs).

bitcoin

“It would be poetry if Bitcoin repeated history and followed through on the same path in this current Range as well,” he stated.

However, Rekt Capital detailed that for history to repeat, Bitcoin must get rejected at $99,000, hold the $93,500 mark as support, and break the $97,000-$99,000 range before being rejected at the $104,500 resistance.

Then the flagship crypto would need to hold the $97,000-$99,000 range as support for a similar breakout to new ATHs.

The analyst concluded that if Bitcoin continues holding the $93,500 mark, the price will be positioned to move across its re-accumulation range. Nonetheless, BTC must break its “black Lower High resistance within this Range, which is positioned at ~$99k this week.”

As of this writing, Bitcoin trades at $97,461, a 3% increase in the weekly timeframe.

Bitcoin, btc, btcusdt

评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

最新信息

热门类别

zh_TW 繁體中文
zh_TW 繁體中文 en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (74) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接，希望与大家分享。