Bitcoin Watch: All Eyes On $86,000—What Could Fuel The Next Bullish Breakout
Bitcoin (BTC) pushed higher on Wednesday, extending its recovery rally to levels not seen since late January. The price rose to just under 5% above the $79,000 mark after President Trump announced he would extend a ceasefire with Iran. Can Bitcoin Sustain The Rally? Market analysts say attention is shifting quickly from the breakout itself to the next set of hurdles higher up the chart. Alex Kuptsikevich, chief market analyst at FxPro, said he believes the $75,000 to $86,000 zone does not look “saturated” with heavy resistance. In his view, if there are no major negative developments,....
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Crypto analyst TradingShot has predicted that the Dogecoin price could soon record a bullish breakout. The analyst also revealed that the foremost meme coin could make a new all-time high (ATH) as it targets a rally past the current ATH of $0.73. Dogecoin Price Eyes Bullish Breakout To New ATH In a TradingView post, TradingShot […]
Dogecoin (DOGE) is trading around $0.249, pressing against the upper end of a six-week range between $0.22 and $0.25. Technical indicators now hint at a potential rally, with the meme coin attracting renewed attention from investors. Related Reading: Dogecoin To $0.50? This Channel Break Could Be The Catalyst The 20-day EMA near $0.225, alongside the 50-day, 100-day, and 200-day averages clustered below $0.220, highlight a strong support zone. With the RSI at 60–61, DOGE shows steady buying momentum without being overbought. Similarly, the MACD histogram has turned positive, signaling a....
A short squeeze could send BTC/USD far beyond $50,000 if the $48,000 sell wall crumbles. Bitcoin (BTC) touched $47,000 on Tuesday as ranging behavior continued to hint at an attack on major resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewVolatility narrows for BitcoinData from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to exit the $46,000 range on Tuesday after heading lower as the week began.The area between $45,000 and $48,000 has acted as a narrow trading corridor for Bitcoin as it attempts to knock down its last hurdle before $50,000. So....
Crypto analyst Basic Trading has revealed that the Dogecoin price is confirming a final retest before a potential move to the upside. In line with this, he revealed price levels to watch for as DOGE eyes a bullish breakout. Levels To Watch For As Dogecoin Price Confirms Final Retest In a TradingView post, Basic Trading highlighted $0.2, $0.5, and $5 as the levels to watch out for as the Dogecoin price confirms a final retest. This came as the analyst noted that market participants are about to witness a textbook ‘break and retest’ for Dogecoin. Alluding to the monthly chart, the analyst....
Bitcoin has broken through major resistance levels, signaling a resurgence of bullish momentum that could fuel the next phase of its rally. The move comes as technical indicators align in favor of the bulls. With the price now holding firmly above former barriers, market sentiment is shifting, and confidence is building for a sustained push […]