Correction or Bull Trap? Analysts Split as Bitcoin (BTC) Eyes $90,000 Resistance
With Bitcoin's current price at $88,178, combined with its historical resilience and expert forecasts, the overall outlook remains cautiously optimistic.
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With Bitcoin's current price at $88,178, combined with its historical resilience and expert forecasts, the overall outlook remains cautiously optimistic.
US-based Bitcoin exchange-traded funds (ETFs) had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend.The 11 Bitcoin (BTC)-tracking funds saw a joint net inflow of $381.3 million on April 21, largely carried by a $116.1 million inflow into the ARK 21Shares Bitcoin ETF (ARKB), according to CoinGlass data. It's the largest inflow day for the ETFs since the funds had a $588.1 million joint net inflow on Jan. 30, days after Bitcoin hit a peak and was trading with a six-figure price tag.
The Singapore Exchange plans to launch bitcoin perpetual futures later this year to stay competitive. The launch is expected to benefit SGX by attracting new investors and utilizing its derivatives expertise. SGX Seeks to Tap Rising Institutional Demand The Singapore Exchange (SGX) reportedly plans to launch bitcoin ( BTC) perpetual futures later this year.
Crypto markets are showing resilience as the US currency and its stock markets continue to weaken, but there is only one performer.
The market intelligence platform IntoTheBlock has revealed how the Bitcoin resistance ahead is currently looking, based on on-chain data. Bitcoin Could Have An Easier Time Past $90,000 In Terms Of Resistance In a new post on X, the market intelligence platform IntoTheBlock has talked about how the on-chain cost basis map is looking for Bitcoin.
Bitcoin's price action continues to draw attention as it briefly surpassed $87,000 in today's trading session, marking a notable 3.3% increase over the past 24 hours. Though it has since slightly pulled back to around $86,815 at the time of writing, the asset's gradual recovery since last week appears to be building a foundation for potential upward movement.
Donald Trump's policies have led to turmoil in Wall Street as investors rotate from risky assets to safe havens. The Fear and Greed Index has moved into the extreme fear zone, at 22, while US indices like the S&P 500, Dow Jones, and Nasdaq 100 have all plummeted.
Crypto markets are shifting. As Bitcoin nears $87K and the U.S. dollar slumps, experts say a major “decoupling” is underway — and it could push BTC to new all-time highs.
Metaplanet has emerged as the tenth-largest public holder of Bitcoin.
A new analysis comparing Bitcoin price movements with the global M2 money supply is gaining attention, offering a possible glimpse into BTC's next big move. Using a predictive offset model, the analysis suggests that Bitcoin is closely following global liquidity trends, and if history repeats, its price could be on track to reach above $100,000.
Bitcoin (BTC) posted modest gains earlier today, trading above $87,000 for the first time since April 1. Crypto analysts now suggest that BTC may be on the verge of a sustained rally, as several key indicators are flashing bullish signals.
With crypto-friendly leadership at the SEC, XRP traders eye the potential withdrawal of the Ripple appeal and ETF market access.
Bitcoin price is moving higher above the $87,500 zone. BTC is gaining pace and might continue higher above the $88,800 zone in the near term.
While gold continues to set new all-time highs (ATH), trading at $3,420 per ounce, Bitcoin (BTC) may soon follow the precious metal's price trajectory, according to crypto analyst Master of Crypto. The analyst pointed out that BTC has tracked gold's ‘power curve' since 2011.
Bitcoin demonstrates resilience amid economic turmoil, outperforming traditional assets despite significant market volatility and macroeconomic challenges, according to Bitfinex Alpha.
Bitcoin's recent surge, briefly surpassing $87,700, follows a weakening U.S. dollar and speculation around upcoming Treasury buybacks.
Bitcoin surged past $88,000 on Monday before settling around $86,800, marking its highest price since late March.
Bitfinex CTO Paolo Ardoino shares insights on Bitcoin's unique nature as a mathematically governed asset, emphasizing financial freedom and decentralization as core principles.
With a recent significant technical advance, Shiba Inu may be about to start a long-awaited bull run. The 50-day Exponential Moving Average (EMA), a crucial resistance level that frequently serves as the first gate to trend reversals, has finally been reached by SHIB after weeks of consolidation and muted price action.
Bloomberg commodity strategist Mike McGlone says that there's a chance of a massive correction in US markets that could pummel the price of Bitcoin (BTC), oil and stocks.
Current market data shows that the price of Gold has surged to new highs amid rising economic concerns. Crypto critic and Economist Peter Schiff believes it could climb even further as the Presidency pressures the U.S. Federal Reserve to cut interest rates.
The wider crypto market may be attempting to follow the Gold price but the short-term selloff continues to persist. DOGE price has potentially bottomed, but a retest could happen again before market reversal. Dogecoin (DOGE), the largest memecoin by market capitalization, remains highly synchronized with Bitcoin's (BTC) price action.
Bitcoin miners face the tightest margins since 2023, warns theminermag.com's Head of Research Wolfie Zhao, as hashprice flirts with critical break‑even territory. Trump Tariffs Add Jitters to Miners Already Hit by Rising Difficulty, Study Finds According to theminermag.
Bitcoin is now facing a critical test after breaking above the $87,000 mark, following several days of tight consolidation between the $82K and $85K range. This breakout comes at a pivotal time, as global macroeconomic uncertainty and geopolitical tensions continue to weigh on financial markets.