Bitcoin Price Watch: Bulls Eye Breakout as $96.5K Resistance Looms
Bitcoin remained resilient on April 28, 2025, with its price coasting along at $95,489, a market cap of $1.89 trillion, and a 24-hour trade volume of $21.47 billion. The cryptocurrency traded within an intraday range of $92,953 to $95,857, showcasing tight consolidation beneath a key resistance zone.
Bitcoin exhibited a steady bullish structure on the daily chart, with the pair btc/usd advancing from a significant low of $74,434 to a recent peak near $95,857. Volume analysis confirmed genuine buying pressure during the rally, though recent sessions recorded a slight tapering in volume. The candlestick structure reflected emerging small red candles at the highs, signaling a possible pause or consolidation phase. Daily support levels were established around $84,000 to $86,000, while resistance firmly sat between $95,000 and $96,000. Traders are advised to monitor pullbacks toward $88,000–$90,000 for strategic entries if the broader bullish trend remains intact.
#Binance #Bitcoin #XMR #ZachXBT #BTC #blockchain #crypto #cryptocurrency #SEC #Ethereum #ETC #ETH #Coinbase
https://news.bitcoin.com/bitcoin-price-watch-bulls-eye-breakout-as-96-5k-resistance-looms/
Bitcoin remained resilient on April 28, 2025, with its price coasting along at $95,489, a market cap of $1.89 trillion, and a 24-hour trade volume of $21.47 billion. The cryptocurrency traded within an intraday range of $92,953 to $95,857, showcasing tight consolidation beneath a key resistance zone.
Bitcoin exhibited a steady bullish structure on the daily chart, with the pair btc/usd advancing from a significant low of $74,434 to a recent peak near $95,857. Volume analysis confirmed genuine buying pressure during the rally, though recent sessions recorded a slight tapering in volume. The candlestick structure reflected emerging small red candles at the highs, signaling a possible pause or consolidation phase. Daily support levels were established around $84,000 to $86,000, while resistance firmly sat between $95,000 and $96,000. Traders are advised to monitor pullbacks toward $88,000–$90,000 for strategic entries if the broader bullish trend remains intact.
#Binance #Bitcoin #XMR #ZachXBT #BTC #blockchain #crypto #cryptocurrency #SEC #Ethereum #ETC #ETH #Coinbase
https://news.bitcoin.com/bitcoin-price-watch-bulls-eye-breakout-as-96-5k-resistance-looms/
Bitcoin Price Watch: Bulls Eye Breakout as $96.5K Resistance Looms
Bitcoin remained resilient on April 28, 2025, with its price coasting along at $95,489, a market cap of $1.89 trillion, and a 24-hour trade volume of $21.47 billion. The cryptocurrency traded within an intraday range of $92,953 to $95,857, showcasing tight consolidation beneath a key resistance zone.
Bitcoin exhibited a steady bullish structure on the daily chart, with the pair btc/usd advancing from a significant low of $74,434 to a recent peak near $95,857. Volume analysis confirmed genuine buying pressure during the rally, though recent sessions recorded a slight tapering in volume. The candlestick structure reflected emerging small red candles at the highs, signaling a possible pause or consolidation phase. Daily support levels were established around $84,000 to $86,000, while resistance firmly sat between $95,000 and $96,000. Traders are advised to monitor pullbacks toward $88,000–$90,000 for strategic entries if the broader bullish trend remains intact.
#Binance #Bitcoin #XMR #ZachXBT #BTC #blockchain #crypto #cryptocurrency #SEC #Ethereum #ETC #ETH #Coinbase
https://news.bitcoin.com/bitcoin-price-watch-bulls-eye-breakout-as-96-5k-resistance-looms/
0 Comments
0 Shares
46 Views
0 Reviews