Saturday, June 28, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Bitcoin Price Advances Again: Can Bulls Push It Even Higher?

November 10, 2024
in Analysis
Reading Time: 2 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on TwitterShare on E Mail


Bitcoin worth is gaining tempo above $75,000. BTC is rising and may intention for a transfer above the $77,000 resistance zone within the close to time period.

Bitcoin began a recent surge above the $74,500 zone.
The value is buying and selling above $74,000 and the 100 hourly Easy transferring common.
There’s a connecting bullish development line forming with assist at $75,450 on the hourly chart of the BTC/USD pair (information feed from Kraken).
The pair might proceed to rise above the $76,200 resistance zone.

Bitcoin Worth Units One other ATH

Bitcoin worth began a recent enhance above the $74,500 stage. BTC cleared the $75,000 resistance and traded to a brand new all-time excessive. It posted a excessive at $76,937 and is presently consolidating good points.

There was a minor decline under the $76,200 stage. The value dipped under the 23.6% Fib retracement stage of the upward transfer from the $72,745 swing low to the $76,937 excessive. Nevertheless, the value remains to be in a optimistic zone above the $75,000 stage.

Bitcoin worth is now buying and selling above $75,200 and the 100 hourly Easy transferring common. There’s additionally a connecting bullish development line forming with assist at $75,450 on the hourly chart of the BTC/USD pair.

On the upside, the value might face resistance close to the $76,000 stage. The primary key resistance is close to the $76,200 stage. A transparent transfer above the $76,200 resistance may ship the value greater. The subsequent key resistance may very well be $78,000.

A detailed above the $78,000 resistance may provoke extra good points. Within the said case, the value might rise and check the $78,800 resistance stage. Any extra good points may ship the value towards the $79,450 resistance stage.

Are Dips Restricted In BTC?

If Bitcoin fails to rise above the $76,200 resistance zone, it might proceed to maneuver down. Speedy assist on the draw back is close to the $75,450 stage and the development line.

The primary main assist is close to the $74,350 stage or the 61.8% Fib retracement stage of the upward transfer from the $72,745 swing low to the $76,937 excessive. The subsequent assist is now close to the $73,750 zone. Any extra losses may ship the value towards the $72,200 assist within the close to time period.

Technical indicators:

Hourly MACD – The MACD is now dropping tempo within the bullish zone.

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

Main Assist Ranges – $75,450, adopted by $74,350.

Main Resistance Ranges – $76,000, and $76,200.



Source link

Tags: advancesBitcoinBullsHigherPricepush
Previous Post

Latecomers To Bitcoin Rally Get Cautionary Advice From Analyst, Here’s Why

Next Post

Synthetix Acquires Ecosystem Leading Perps Platform Kwenta

Related Posts

Fartcoin remains bearish despite hitting $1; Check forecast
Analysis

Fartcoin remains bearish despite hitting $1; Check forecast

June 27, 2025
Deaton Says Ripple IPO Could Trigger $100B Valuation, How High Will The XRP Price Be?
Analysis

Deaton Says Ripple IPO Could Trigger $100B Valuation, How High Will The XRP Price Be?

June 27, 2025
Cardano (ADA) Bears Active — Token at Risk of Another Leg Down
Analysis

Cardano (ADA) Bears Active — Token at Risk of Another Leg Down

June 28, 2025
XRP Gears Up For Major Move — Chart Signals Are Clear
Analysis

XRP Gears Up For Major Move — Chart Signals Are Clear

June 26, 2025
KAS price slumps 4%: can it bounce back?
Analysis

KAS price slumps 4%: can it bounce back?

June 27, 2025
Dogecoin (DOGE) Eyes Upside, Yet $0.20 Remains Out of Reach for Now
Analysis

Dogecoin (DOGE) Eyes Upside, Yet $0.20 Remains Out of Reach for Now

June 26, 2025
Next Post
Synthetix Acquires Ecosystem Leading Perps Platform Kwenta

Synthetix Acquires Ecosystem Leading Perps Platform Kwenta

Ethereum Price Rise Targets $3,000: Will It Cross the Mark?

Ethereum Price Rise Targets $3,000: Will It Cross the Mark?

America Elects the Most Pro-Crypto Congress Ever, Declares Coinbase CEO

America Elects the Most Pro-Crypto Congress Ever, Declares Coinbase CEO

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In