BITCOIN Breaks Higher - Is $106K the Next Target?COINBASE:BTCUSD is trading within an ascending channel, signaling bullish momentum. The price has consistently respected the channel boundaries, forming higher highs and higher lows, which aligns with the continuation of the uptrend.
Recently, the price has broken out with strong momentum and may
Key facts today
Bitcoin's price is rising due to strong buying from institutional investors and spot Bitcoin ETF inflows, with analysts predicting a target of $120,000 by Q2.
Bitcoin (BTCUSD) has risen above $100,000, moving from the $95,500 support. It surpassed $98,000, hitting a peak of $104,082, and is now stabilizing above $100,500.
Bitcoin exchange reserves are at a multi-year low, indicating less selling pressure and more accumulation by long-term holders, supporting the current price breakout and ongoing rally.
Key stats
About Bitcoin
Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.
BTC - Will history repeat itself?In this description, I will compare the current price action of BTC with the market behavior seen in 2021. Both cycles share notable similarities in their structure.
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2021 bullmarket
During the 2021 bull market, BTC displayed classic topping price action. The chart
Bitcoin - All time highs will come next!Bitcoin - CRYPTO:BTCUSD - prepares a significant move:
(click chart above to see the in depth analysis👆🏻)
Over the past couple of months, we basically only saw sideways price action on Bitcoin. However, this does not mean, that Bitcoin is now slowing down; actually the opposite is true and Bit
BITCOIN - Bullish Continuation After BreakoutCOINBASE:BTCUSD has broken above a key daily resistance zone and is now pulling back for a potential retest. This area previously acted as a resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, price is likely to continu
BITCOIN Trending Higher - Will Buyers Push Toward $104,550?COINBASE:BTCUSD has broken above a key resistance zone and is now pulling back for a potential retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward
Bitcoin update 7.05.2025Hey everyone!
In just 2 days, my first offline/online trading tournament kicks off — and you'll be able to watch everything live. It's a big milestone for me and a real-time test of my analysis. But now, let’s get back to the market...
💰 Bitcoin today — May 7
As I mentioned earlier, I expect Bitco
Bitcoin: First Leg Of Wave 5 To 109K.Bitcoin has lingered around the 95K resistance area over the previous week. In my opinion this is a sub wave iii completion (5 mini waves can be counted within the bullish breakout leg). This implies there is a greater probability of a retrace or sub wave iv (see wave count on chart). The retrace c
BITCOIN Mirror fractal from the past calls for massive rally!Bitcoin (BTCUSD) appears to be repeating almost the exact same price action as mid-late 2020 as it has broken above the Pivot trend-line that separates the recent distribution from the 2nd Accumulation phase and has successfully re-tested it while the MA50 (blue trend-line) is holding as Support.
I
Why Volume Bar Colors Can Mislead You█ The Truth Behind Volume Bars — What Do Green and Red Actually Mean?
Most traders learn early on that green volume bars mean bullish activity, and red bars mean bearish pressure. But is it really that simple? What does volume truly reflect, and are we making assumptions that can mislead us?
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BITCOIN Monthly RSI Heatmap reveals ultimate Cycle Sell Zone!Bitcoin (BTCUSD) has resumed the long-term bullish trend and as of the writing of this analysis, it is about to test the $100k key psychological level. Now that the Bull Cycle is entering its final stage (most likely for the next 6 months at most), it is time to see potential exit levels as close to
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Frequently Asked Questions
Bitcoin (BTC) reached its highest price on Jan 20, 2025 — it amounted to 109,542.25 USD. Find more insights on the BTC price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Bitcoin (BTC) reached the lowest price of 3,108.49 USD on Dec 13, 2018. View more Bitcoin dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying BTC is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade BTC right from TradingView charts — just choose a broker and connect to your account.
You can discuss Bitcoin (BTC) with other users in our public chats, Minds or in the comments to Ideas.