Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Doj closes 145 Bidencash sites: ‘No more anonymous’

2025-06-05

Successful retest of Breakout zone sets phase for the next leg higher

2025-06-05

Former Doge -Head Elon Musk tells Wetgevers to kill Trump’s ‘big, beautiful’ account

2025-06-05
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Soonchain Fores Partnership with Rei Network to define web3 gaming

    2025-06-05

    Maskdao acquires Orb.Club, which unlocks virality in the chain to stimulate the creator economy

    2025-06-05

    $ 650 million bridged to Solana in May, with $ 400 million contributing to Ethereum

    2025-06-05

    SFT protocol works together with Manuspay to stimulate the Echt-Wold Depin Utility in Web3 payments

    2025-06-05

    New Solana -Tool repairs the KYC bottleneck

    2025-06-05
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Former Doge -Head Elon Musk tells Wetgevers to kill Trump’s ‘big, beautiful’ account

    2025-06-05

    Hong Kong Reading to legalize Bitcoin and Crypto derivatives in PURT to Web3 leadership

    2025-06-05

    US-based ETFs that set for growth, despite some regulatory, macro-tailwinds

    2025-06-04

    NYSE ARCA submits to mention Truth Social’s Spot Bitcoin ETF

    2025-06-03

    Donald Trump Jr. says that family came in crypto after he was degraded, realizing the financial system was ‘Pyramid Scheme’

    2025-06-03
  • Analysis

    Successful retest of Breakout zone sets phase for the next leg higher

    2025-06-05

    Circle stock price Skyrockets 234% in less than 30 minutes, causing multiple commercial levels

    2025-06-05

    Here are the two most important graphs in the entire macro, according to the former Goldman Sachs director Raoul Pal

    2025-06-05

    Price slips further, investors on Edge

    2025-06-05

    XRPL is confronted

    2025-06-05
  • Learn

    What Is Crypto Staking? A Beginner-Friendly Guide

    2025-06-05

    What Are Liquidity Pools? A Beginner’s Guide

    2025-06-05

    What Is Yield Farming and How Does It Work?

    2025-06-02

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Bitcoin price rises by more than 15% in a few days, $45,000 seems close
Altcoins

Bitcoin price rises by more than 15% in a few days, $45,000 seems close

2023-12-05No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin price extended its rally above the USD 43,200 resistance. BTC is now consolidating gains and could rally further towards the $45,000 zone.

  • Bitcoin rose further above the USD 42,200 and USD 43,200 levels.
  • The price is trading above USD 43,200 and the 100 hourly Simple Moving Average.
  • Two bullish trendlines are forming with support near $43,200 and $41,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could correct lower towards $43,200 before starting a new rise.

Bitcoin Price Extends Rally

Bitcoin price remained in a steady uptrend above the USD 40,000 resistance zone. BTC gained more than 15% in recent days and even rose above the $42,000 zone.

The upward move gained speed above the USD 43,200 resistance zone. A new multi-month high is formed near $44,465 and the price is now correcting gains. There was a move below the USD 44,000 level. The price is still above the 23.6% Fib retracement level of the upward move from the $39,476 swing low to the $44,465 high.

Bitcoin is also trading above $43,200 and the 100 hourly Simple Moving Average. Furthermore, two bullish trendlines are forming with support around $43,200 and $41,800 on the hourly chart of the BTC/USD pair. The second trendline is close to the 50% Fib retracement level of the upward move from the $39,476 swing low to the $44,465 high.

On the upside, immediate resistance is around the $44,200 level. The first major resistance forms around $44,450, above which the price could rise towards the $45,000 level.

See also  The approval of this crypto -activa class will increase the demand for Bitcoin and Ethereum: Devere Group CEO Nigel Green

Bitcoin price

Source: BTCUSD on TradingView.com

A close above the $45,000 resistance could send the price higher. The next major resistance could be near USD 46,400, above which BTC could rise towards the USD 48,000 level.

Are dips supported in BTC?

If Bitcoin fails to rise above the USD 44,500 resistance zone, a downward correction could occur. The immediate downside support is near the $43,250 level.

The next major support is near USD 42,800, below which the price could test the second trendline. If there is a move below $42,000, there is a risk of more downside. In the mentioned case, the price could fall towards the USD 40,500 support in the short term.

Technical indicators:

Hourly MACD – The MACD is now gaining speed in the bullish zone.

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

Major support levels – USD 43,200, followed by USD 42,000.

Major resistance levels – $44,200, $44,450 and $45,000.

Source link

Bitcoin close Days Price Rises
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Doj closes 145 Bidencash sites: ‘No more anonymous’

2025-06-05

Bitcoin Treasury debts concerning concern are exaggerated, “Exec claims

2025-06-05

Solana flows the nail and possibly drags the price below $ 140, while the goal of $ 250 remains active

2025-06-05

Circle stock price Skyrockets 234% in less than 30 minutes, causing multiple commercial levels

2025-06-05
Add A Comment

Comments are closed.

Top Posts

Fred Thiel of Marathon Digital predicts Bitcoin [BTC] to reach $120,000 by 2025

2024-01-31

Bitcoin’s $ 100k puzzle: Institutional question versus deep liquidity traps

2025-05-17

A deep dive into web3

2023-09-09
Editors Picks

Near Protocols, AI roles introduces in blockchain -governance

2025-05-25

Bitcoin Cost Basis Breakdown Reveals Strong Demand at $97,000 – Can BTC Hold?

2024-12-22

Bahamas to offer CBDC access through commercial banks

2024-07-02

Analyst Says Bitcoin Has Entered ‘Sensation Phase’, Here’s What to Expect Next

2024-11-15

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Doj closes 145 Bidencash sites: ‘No more anonymous’

Successful retest of Breakout zone sets phase for the next leg higher

Former Doge -Head Elon Musk tells Wetgevers to kill Trump’s ‘big, beautiful’ account

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$101,448.19-3.22%
  • ethereumEthereum(ETH)$2,409.61-7.71%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.09-5.26%
  • binancecoinBNB(BNB)$633.68-4.58%
  • solanaSolana(SOL)$144.62-5.81%
  • usd-coinUSDC(USDC)$1.000.05%
  • tronTRON(TRX)$0.2806112.08%
  • dogecoinDogecoin(DOGE)$0.170609-9.45%
  • cardanoCardano(ADA)$0.63-5.87%
  • hyperliquidHyperliquid(HYPE)$34.01-4.33%
  • suiSui(SUI)$2.93-7.70%
  • chainlinkChainlink(LINK)$12.91-6.75%
  • stellarStellar(XLM)$0.257615-3.49%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-4.22%
  • avalanche-2Avalanche(AVAX)$18.77-6.70%
  • bitcoin-cashBitcoin Cash(BCH)$386.04-3.60%
  • the-open-networkToncoin(TON)$3.03-4.62%
  • shiba-inuShiba Inu(SHIB)$0.000012-6.43%
  • hedera-hashgraphHedera(HBAR)$0.159583-4.62%
  • litecoinLitecoin(LTC)$83.76-4.99%
  • polkadotPolkadot(DOT)$3.83-4.57%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • moneroMonero(XMR)$316.580.58%
  • daiDai(DAI)$1.000.02%
  • bitget-tokenBitget Token(BGB)$4.53-5.03%
  • piPi(PI)$0.62-4.28%
  • pepePepe(PEPE)$0.000011-10.21%
  • uniswapUniswap(UNI)$5.89-6.48%
  • aaveAave(AAVE)$241.77-8.51%
  • bittensorBittensor(TAO)$351.94-7.55%
  • okbOKB(OKB)$49.73-0.61%
  • crypto-com-chainCronos(CRO)$0.098096-2.15%
  • aptosAptos(APT)$4.49-6.28%
  • nearNEAR Protocol(NEAR)$2.25-7.46%
  • internet-computerInternet Computer(ICP)$4.86-6.70%
  • ethereum-classicEthereum Classic(ETC)$16.35-5.14%
  • ondo-financeOndo(ONDO)$0.77-6.82%
  • gatechain-tokenGateToken(GT)$18.43-3.92%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • kaspaKaspa(KAS)$0.081130-2.38%
  • mantleMantle(MNT)$0.63-4.98%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.198945-6.77%
  • official-trumpOFFICIAL TRUMP(TRUMP)$9.74-9.93%
  • vechainVeChain(VET)$0.022637-4.43%
  • render-tokenRender(RENDER)$3.55-5.39%
  • ethenaEthena(ENA)$0.285498-9.09%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.72-9.58%
  • worldcoin-wldWorldcoin(WLD)$1.04-8.58%
  • filecoinFilecoin(FIL)$2.37-7.51%
  • bitcoinBitcoin(BTC)$101,448.19-3.22%
  • ethereumEthereum(ETH)$2,409.61-7.71%
  • tetherTether USDt(USDT)$1.000.03%
  • rippleXRP(XRP)$2.09-5.26%
  • binancecoinBNB(BNB)$633.68-4.58%
  • solanaSolana(SOL)$144.62-5.81%
  • usd-coinUSDC(USDC)$1.000.05%
  • tronTRON(TRX)$0.2806112.08%
  • dogecoinDogecoin(DOGE)$0.170609-9.45%
  • cardanoCardano(ADA)$0.63-5.87%
  • hyperliquidHyperliquid(HYPE)$34.01-4.33%
  • suiSui(SUI)$2.93-7.70%
  • chainlinkChainlink(LINK)$12.91-6.75%
  • stellarStellar(XLM)$0.257615-3.49%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-4.22%
  • avalanche-2Avalanche(AVAX)$18.77-6.70%
  • bitcoin-cashBitcoin Cash(BCH)$386.04-3.60%
  • the-open-networkToncoin(TON)$3.03-4.62%
  • shiba-inuShiba Inu(SHIB)$0.000012-6.43%
  • hedera-hashgraphHedera(HBAR)$0.159583-4.62%
  • litecoinLitecoin(LTC)$83.76-4.99%
  • polkadotPolkadot(DOT)$3.83-4.57%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • moneroMonero(XMR)$316.580.58%
  • daiDai(DAI)$1.000.02%
  • bitget-tokenBitget Token(BGB)$4.53-5.03%
  • piPi(PI)$0.62-4.28%
  • pepePepe(PEPE)$0.000011-10.21%
  • uniswapUniswap(UNI)$5.89-6.48%
  • aaveAave(AAVE)$241.77-8.51%
  • bittensorBittensor(TAO)$351.94-7.55%
  • okbOKB(OKB)$49.73-0.61%
  • crypto-com-chainCronos(CRO)$0.098096-2.15%
  • aptosAptos(APT)$4.49-6.28%
  • nearNEAR Protocol(NEAR)$2.25-7.46%
  • internet-computerInternet Computer(ICP)$4.86-6.70%
  • ethereum-classicEthereum Classic(ETC)$16.35-5.14%
  • ondo-financeOndo(ONDO)$0.77-6.82%
  • gatechain-tokenGateToken(GT)$18.43-3.92%
  • usd1World Liberty Financial USD(USD1)$1.000.02%
  • kaspaKaspa(KAS)$0.081130-2.38%
  • mantleMantle(MNT)$0.63-4.98%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.198945-6.77%
  • official-trumpOFFICIAL TRUMP(TRUMP)$9.74-9.93%
  • vechainVeChain(VET)$0.022637-4.43%
  • render-tokenRender(RENDER)$3.55-5.39%
  • ethenaEthena(ENA)$0.285498-9.09%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.72-9.58%
  • worldcoin-wldWorldcoin(WLD)$1.04-8.58%
  • filecoinFilecoin(FIL)$2.37-7.51%