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

Bitcoin Advanced NVT is above this critical threshold – what it means for price action

2025-05-11

Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

2025-05-10

Concern about Trump’s conflict of interest slows down the progress of a broader crypto policy

2025-05-10
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

    Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

    2025-05-10

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Mint Blockchain integrates Chainlink CCIP to feed cross-chain connectivity

    2025-05-10

    Nexus launches an AI lab for safe and verifiable artificial inteligence

    2025-05-10
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Concern about Trump’s conflict of interest slows down the progress of a broader crypto policy

    2025-05-10

    The German police interrupt $ 38,260,000 in crypto from Exchanges in the midst of allegations. The exchange has been washed bybit funds

    2025-05-10

    Trump Blackballs Lobby firm about controversy related to his ‘Crypto Strategic Reserve’ Truth Social Post: Report: Report

    2025-05-10

    Saudi -Arabia shuns a formal Brics membership to prevent us from encountering: report

    2025-05-10

    Founder of Crypto Lending Platform Celsius sentenced to 12 years in prison for fraud

    2025-05-10
  • Analysis

    Top US Crypto Exchange Coinbase to acquire Derivativa Platform Deribit

    2025-05-10

    Bullish Continuation for XRP price shows possible recovery up to $ 4

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbate’, while Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10

    Wells Fargo increases the price target for a company of billion dollars, the shares of the company’s prognoses will increase by 52%: report

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-09

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Steady climb to new highs
Altcoins

Steady climb to new highs

2024-11-20No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin price is steadily rising above the $92,000 zone. BTC is showing positive signs and could continue to rise above the USD 95,000 level.

  • Bitcoin started a new rise above the $92,000 zone.
  • The price is trading above $92,000 and the 100 hourly Simple Moving Average.
  • A connecting bullish trendline is forming with support at $93,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could continue to rise if it breaks the $95,000 resistance zone.

Bitcoin price sets another ATH

Bitcoin price remained supported above the USD 91,000 level. BTC formed a base and started a new increase above the USD 92,000 level. It reached the USD 94,000 level and traded to a new high at USD 94,980 before a pullback occurred.

There was a move below the USD 94,200 level. The price fell below the 23.6% Fib retracement level of the upward move from the $91,500 swing low to the $94,980 high. However, the price is stable and consolidating around the USD 94,200 level.

Bitcoin price is now trading above $93,000 and the 100 hourly Simple Moving Average. A connecting bullish trendline is also forming with support at $93,800 on the hourly chart of the BTC/USD pair.

On the upside, the price could encounter resistance near the USD 94,800 level. The first major resistance is around the $95,000 level. A clear move above the USD 95,000 resistance could push the price higher. The next major resistance could be at USD 98,000.

Bitcoin price
Source: BTCUSD on TradingView.com

A close above the $98,000 resistance could lead to more gains. In the said case, the price could rise and test the USD 100,000 resistance level. Any further gains could send the price towards the USD 102,000 resistance level.

See also  Solana bulls are euphoric after price hits 2023 highs

Another Downward Correction in BTC?

If Bitcoin fails to rise above the $95,000 resistance zone, a downward correction could occur. The immediate downside support is near the $93,700 level.

The first major support is near the $92,800 level or the 61.8% Fib retracement level of the upward move from the $91,500 swing low to the $94,980 high. The next support is now near the $91,500 zone. Any further losses could send the price towards the $90,000 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 93,800, followed by USD 92,800.

Major resistance levels – $94,800 and $95,000.

Source link

climb Highs steady
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

2025-05-10

Is XRP ready for a big movement? What to expect as coordinate market signals

2025-05-10

Here are 5 reasons why Ethereum can reach $ 12,000 in 2025 – Analyst

2025-05-10

Is Floki’s meeting built on a solid question or speculative hype? Judgement …

2025-05-10
Add A Comment

Comments are closed.

Top Posts

DeCenter AI and SKALE forge groundbreaking partnership for futuristic solutions

2024-04-26

According to Crypto Trader, there are massive recoveries coming for Ethereum (ETH) and Solana (SOL).

2024-09-03

ADA faces a retest of $0.8119 as technical indicators turn bearish

2024-12-23
Editors Picks

These two tweets earned one trader $197,000

2024-05-21

Dogecoin (DOGE) Narrows Gains, Can This Key Support Stop Losses?

2024-09-16

ABGA partners with Animoca Brands for Kaia Demo Day

2024-11-20

Altcoins could rise in price after Bitcoin and Ethereum rally this week: Glassnode co-founders

2023-12-08

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

Bitcoin Advanced NVT is above this critical threshold – what it means for price action

Metis launches Hyperion Testnet with $ 400k rewards and AI Focus

Concern about Trump’s conflict of interest slows down the progress of a broader crypto policy

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)$103,934.390.69%
  • ethereumEthereum(ETH)$2,558.269.12%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.412.22%
  • binancecoinBNB(BNB)$665.101.01%
  • solanaSolana(SOL)$176.813.55%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.24104414.72%
  • cardanoCardano(ADA)$0.825.00%
  • tronTRON(TRX)$0.2664021.40%
  • suiSui(SUI)$4.011.85%
  • chainlinkChainlink(LINK)$16.986.08%
  • avalanche-2Avalanche(AVAX)$25.387.13%
  • stellarStellar(XLM)$0.3124694.27%
  • shiba-inuShiba Inu(SHIB)$0.0000168.26%
  • hedera-hashgraphHedera(HBAR)$0.2129454.85%
  • the-open-networkToncoin(TON)$3.474.93%
  • hyperliquidHyperliquid(HYPE)$25.101.71%
  • bitcoin-cashBitcoin Cash(BCH)$417.740.82%
  • polkadotPolkadot(DOT)$5.142.39%
  • litecoinLitecoin(LTC)$103.640.86%
  • unus-sed-leoUNUS SED LEO(LEO)$8.29-5.03%
  • piPi(PI)$0.9630.45%
  • moneroMonero(XMR)$322.642.39%
  • bitget-tokenBitget Token(BGB)$4.985.15%
  • pepePepe(PEPE)$0.0000134.82%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.2512.92%
  • nearNEAR Protocol(NEAR)$3.3212.83%
  • bittensorBittensor(TAO)$457.283.14%
  • aptosAptos(APT)$6.046.67%
  • aaveAave(AAVE)$224.115.79%
  • ondo-financeOndo(ONDO)$1.064.86%
  • okbOKB(OKB)$55.581.25%
  • ethereum-classicEthereum Classic(ETC)$20.255.35%
  • internet-computerInternet Computer(ICP)$5.692.58%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.23-0.43%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2694165.28%
  • kaspaKaspa(KAS)$0.1071731.57%
  • render-tokenRender(RENDER)$5.367.28%
  • vechainVeChain(VET)$0.0318415.11%
  • gatechain-tokenGateToken(GT)$22.250.15%
  • crypto-com-chainCronos(CRO)$0.1027991.41%
  • mantleMantle(MNT)$0.781.21%
  • ethenaEthena(ENA)$0.40935910.27%
  • arbitrumArbitrum(ARB)$0.47943525.48%
  • filecoinFilecoin(FIL)$3.257.57%
  • algorandAlgorand(ALGO)$0.2494286.93%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.895.63%
  • bitcoinBitcoin(BTC)$103,934.390.69%
  • ethereumEthereum(ETH)$2,558.269.12%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.412.22%
  • binancecoinBNB(BNB)$665.101.01%
  • solanaSolana(SOL)$176.813.55%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.24104414.72%
  • cardanoCardano(ADA)$0.825.00%
  • tronTRON(TRX)$0.2664021.40%
  • suiSui(SUI)$4.011.85%
  • chainlinkChainlink(LINK)$16.986.08%
  • avalanche-2Avalanche(AVAX)$25.387.13%
  • stellarStellar(XLM)$0.3124694.27%
  • shiba-inuShiba Inu(SHIB)$0.0000168.26%
  • hedera-hashgraphHedera(HBAR)$0.2129454.85%
  • the-open-networkToncoin(TON)$3.474.93%
  • hyperliquidHyperliquid(HYPE)$25.101.71%
  • bitcoin-cashBitcoin Cash(BCH)$417.740.82%
  • polkadotPolkadot(DOT)$5.142.39%
  • litecoinLitecoin(LTC)$103.640.86%
  • unus-sed-leoUNUS SED LEO(LEO)$8.29-5.03%
  • piPi(PI)$0.9630.45%
  • moneroMonero(XMR)$322.642.39%
  • bitget-tokenBitget Token(BGB)$4.985.15%
  • pepePepe(PEPE)$0.0000134.82%
  • daiDai(DAI)$1.00-0.03%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.2512.92%
  • nearNEAR Protocol(NEAR)$3.3212.83%
  • bittensorBittensor(TAO)$457.283.14%
  • aptosAptos(APT)$6.046.67%
  • aaveAave(AAVE)$224.115.79%
  • ondo-financeOndo(ONDO)$1.064.86%
  • okbOKB(OKB)$55.581.25%
  • ethereum-classicEthereum Classic(ETC)$20.255.35%
  • internet-computerInternet Computer(ICP)$5.692.58%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.23-0.43%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2694165.28%
  • kaspaKaspa(KAS)$0.1071731.57%
  • render-tokenRender(RENDER)$5.367.28%
  • vechainVeChain(VET)$0.0318415.11%
  • gatechain-tokenGateToken(GT)$22.250.15%
  • crypto-com-chainCronos(CRO)$0.1027991.41%
  • mantleMantle(MNT)$0.781.21%
  • ethenaEthena(ENA)$0.40935910.27%
  • arbitrumArbitrum(ARB)$0.47943525.48%
  • filecoinFilecoin(FIL)$3.257.57%
  • algorandAlgorand(ALGO)$0.2494286.93%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.895.63%