• bitcoinBitcoin (BTC) $ 74,114.00
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  • aptosAptos (APT) $ 9.29
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  • pepePepe (PEPE) $ 0.000009
  • bittensorBittensor (TAO) $ 521.72
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  • kaspaKaspa (KAS) $ 0.117448
  • stellarStellar (XLM) $ 0.096381
  • ethereum-classicEthereum Classic (ETC) $ 19.16
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 19.23
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  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.325600
  • aaveAave (AAVE) $ 161.29
  • dogwifcoindogwifhat (WIF) $ 2.37
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999026
  • okbOKB (OKB) $ 38.91
  • crypto-com-chainCronos (CRO) $ 0.085167
  • filecoinFilecoin (FIL) $ 3.61
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  • injective-protocolInjective (INJ) $ 20.72
  • mantleMantle (MNT) $ 0.586687
  • immutable-xImmutable (IMX) $ 1.17
  • optimismOptimism (OP) $ 1.53
  • render-tokenRender (RENDER) $ 4.91
  • celestiaCelestia (TIA) $ 4.73
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  • fantomFantom (FTM) $ 0.657939
  • thorchainTHORChain (RUNE) $ 5.34
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  • cosmosCosmos Hub (ATOM) $ 4.43
  • bitget-tokenBitget Token (BGB) $ 1.18
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,630.62
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  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,940.06
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  • flokiFLOKI (FLOKI) $ 0.000139
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,753.98
  • mantra-daoMANTRA (OM) $ 1.36
  • theta-tokenTheta Network (THETA) $ 1.18
  • ethenaEthena (ENA) $ 0.417154
  • worldcoin-wldWorldcoin (WLD) $ 1.89
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 74,147.00
  • gatechain-tokenGate (GT) $ 8.89
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  • heliumHelium (HNT) $ 6.20
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  • raydiumRaydium (RAY) $ 3.87
  • msolMarinade Staked SOL (MSOL) $ 229.45
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  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,695.44
  • algorandAlgorand (ALGO) $ 0.119735
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 74,086.00
  • bitcoin-svBitcoin SV (BSV) $ 50.33
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  • matic-networkPolygon (MATIC) $ 0.325622
  • bittorrentBitTorrent (BTT) $ 0.00000085
  • spx6900SPX6900 (SPX) $ 0.884762
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • mog-coinMog Coin (MOG) $ 0.000002
  • flowFlow (FLOW) $ 0.531468
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.009243
  • galaGALA (GALA) $ 0.020354
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 74,289.00
  • coredaoorgCore (CORE) $ 0.870584
  • pendlePendle (PENDLE) $ 4.90
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,621.89
  • starknetStarknet (STRK) $ 0.378150
  • tokenize-xchangeTokenize Xchange (TKX) $ 9.71
  • usddUSDD (USDD) $ 0.999871
  • neiro-3Neiro (NEIRO) $ 0.001818
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.745918
  • axie-infinityAxie Infinity (AXS) $ 4.78
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 74,033.00
  • apecoinApeCoin (APE) $ 1.01
  • ordinalsORDI (ORDI) $ 34.14
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 195.78
  • kaiaKaia (KAIA) $ 0.121652
  • gigachad-2Gigachad (GIGA) $ 0.073747
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 74,041.00
  • neoNEO (NEO) $ 9.82
  • elrond-erd-2MultiversX (EGLD) $ 24.78
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  • eosEOS (EOS) $ 0.446674
  • ecasheCash (XEC) $ 0.000034
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  • tether-goldTether Gold (XAUT) $ 2,693.12
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  • notcoinNotcoin (NOT) $ 0.006285
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,627.85
  • superfarmSuperVerse (SUPER) $ 1.37
  • mina-protocolMina Protocol (MINA) $ 0.525915
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,696.76
  • arkhamArkham (ARKM) $ 2.04
  • axelarAxelar (AXL) $ 0.719956
  • gnosisGnosis (GNO) $ 229.82
  • the-sandboxThe Sandbox (SAND) $ 0.250894
  • wormholeWormhole (W) $ 0.219092
  • zcashZcash (ZEC) $ 38.94
  • akash-networkAkash Network (AKT) $ 2.37
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  • nervos-networkNervos Network (CKB) $ 0.012502
  • book-of-memeBOOK OF MEME (BOME) $ 0.008150
  • decentralandDecentraland (MANA) $ 0.296929
  • chilizChiliz (CHZ) $ 0.060428
  • safeSafe (SAFE) $ 1.08
  • paypal-usdPayPal USD (PYUSD) $ 0.998855
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,629.19
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  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,851.29
  • eigenlayerEigenlayer (EIGEN) $ 2.74
  • aioz-networkAIOZ Network (AIOZ) $ 0.439380
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000091
  • true-usdTrueUSD (TUSD) $ 0.995613
  • zksyncZKsync (ZK) $ 0.133487
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.75
  • roninRonin (RON) $ 1.35
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000023
  • havvenSynthetix Network (SNX) $ 1.44
  • dydxdYdX (ETHDYDX) $ 1.04
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  • oasis-networkOasis (ROSE) $ 0.065537
  • binance-staked-solBinance Staked SOL (BNSOL) $ 188.56
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.004326
  • frax-etherFrax Ether (FRXETH) $ 2,628.70
  • super-oethSuper OETH (SUPEROETHB) $ 2,627.55
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 74,255.00
  • apenftAPENFT (NFT) $ 0.00000043
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  • hashnote-usycHashnote USYC (USYC) $ 1.07
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  • livepeerLivepeer (LPT) $ 10.43
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  • theta-fuelTheta Fuel (TFUEL) $ 0.053513
  • usual-usdUsual USD (USD0) $ 0.999484
  • woo-networkWOO (WOO) $ 0.188602

Bitcoin Price Poised for Fresh Pump: Market Prepares for Upswing

0 46

Bitcoin price started a fresh increase above the $68,000 resistance. BTC is now rising and might climb toward the $70,000 resistance zone.

  • Bitcoin formed a base and started a fresh increase above the $68,000 resistance zone.
  • The price is trading above $68,500 and the 100 hourly Simple moving average.
  • There was a break above a key bearish trend line with resistance at $68,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair might accelerate higher toward the $70,000 and $70,800 levels in the short term.

Bitcoin Price Could Soon Retest $70,000

Bitcoin price remained in a positive zone above the $65,500 resistance zone. BTC cleared the $66,800 and $67,500 levels to move further into a positive zone. The bulls even pushed the price above the $68,000 resistance.

There was a break above a key bearish trend line with resistance at $68,200 on the hourly chart of the BTC/USD pair. The pair gathered pace for a move above the 76.4% Fib retracement level of the downward move from the $69,398 swing high to the $66,6274 low.

Bitcoin price is now trading above $68,500 and the 100 hourly Simple moving average. If the price continues to rise, it could face resistance near the $69,800 level.

The first key resistance is near the $70,000 level or the 1.236 Fib extension level of the downward move from the $69,398 swing high to the $66,6274 low. A clear move above the $70,000 resistance might send the price further higher in the coming sessions.

Bitcoin Price Poised for Fresh Pump: Market Prepares for Upswing

The next key resistance could be $70,800. The next major hurdle sits at $71,200. A close above the $71,200 resistance might spark bullish moves. In the stated case, the price could rise and test the $72,000 resistance.

Are Dips Limited In BTC?

If Bitcoin fails to recover above the $70,000 resistance zone, it could start another decline. Immediate support on the downside is near the $68,750 level.

The first major support is $68,000. The next support is now near $67,250 and the 100 hourly Simple moving average. Any more losses might send the price toward the $66,500 support zone in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $68,750, followed by $68,000.

Major Resistance Levels – $69,800, and $70,000.

Source

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