Bitcoin Faces Short-Term Resistance at $94,000: Analysts Predict Consolidation Before $100,000 Breakthrough

Bitfinex Alpha | Bullish Momentum Starting To Form

Bitcoin continues to showcase impressive resilience, climbing over 10 percent in the past week and outperforming traditional risk assets like the S&P 500. After enduring several weeks of choppy price action and low liquidity, Bitcoin has reclaimed the $94,000 range lows – a pivotal marker... The post Bitfinex Alpha | Bullish Momentum Starting To Form appeared first on Bitfinex blog.

Bitcoin Faces Short-Term Resistance at $94,000: Analysts Predict Consolidation Before $100,000 Breakthrough

According to COINOTAG News on April 28th, 10x Research has issued a detailed analysis regarding the current state of Bitcoin. The report indicates that the $94,000-95,000 resistance zone is likely

Bitcoin Price Rises Past $94,000 as Whales, Institutions Continue Aggressive Acquisition

The overall crypto market cap rose by 0.21 percent in the last 24 hours. While BTC logged minor gains, ETH settled with small losses. The movement of the altcoins indicate at prevailing volatility, however, analysts say the market sentiment is bullish.The overall crypto market cap rose by 0.21 percent in the last 24 hours. While BTC logged minor gains, ETH settled with small losses. The movement of the altcoins indicate at prevailing volatility,…

Bitcoin Price Sees Short-Term Dip — Bulls Plot Their Next Move

Bitcoin price is correcting gains from the $95,000 zone. BTC is back below $94,000 and might test the $91,200 support zone in the near term. Bitcoin started a minor downside correction below the $94,000 zone. The price is trading below $94,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $94,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start …

Bitcoin Price Analysis: BTC Faces Major Resistance Ahead of ATH Challenge

Bitcoin has signaled notable bullish strength by breaking above both the 100 and 200-day moving averages at $90K. However, as the price approaches the critical $100K psychological threshold, a temporary consolidation phase is expected before any further breakout. Technical Analysis By Shayan The Daily Chart Bitcoin has recently notched a strong bullish signal, staging a major market shift driven by substantial buying pressure. This rally has pro…

Bitcoin Whales Accumulate as Price Battles $94,500 Resistance

Bitcoin’s recent price action has been a rollercoaster, with the cryptocurrency repeatedly testing and failing to break through the $94,500 resistance level. This price area has become a significant battleground, with strong resistance indicating that sellers are eager to offload their holdings at these levels. Despite these setbacks, there are signs that the bullish momentum is far from over. Source