Bitcoin has shown significant bullish momentum following a double technical breakthrough, simultaneously escaping a bull pennant formation and overcoming the pivotal $120,700 resistance level. This coordinated breakout suggests strong upward potential in the cryptocurrency market. The next critical price objective… Read More »Technical Breakout Positions Bitcoin for Potential Rally Toward $137,000
Bitcoin has decisively breached the critical $121,500 resistance level, establishing a foundation for further upside toward the $130,000 threshold. This breakthrough occurred within Bitcoin’s prevailing ascending channel formation, backed by substantial trading volume and reinforced by pivotal technical indicators. The… Read More »Bitcoin Clears $121,500 Resistance Amid Bullish Indicators, Eyes $130,000 Target
Bitcoin’s price soared to $108,182 on major exchange Bitstamp, registering a nearly 2% daily gain and recovering approximately $10,000 from recent lows. This surge signals potential for renewed upward momentum toward all-time highs, underscoring robust buying interest despite prevailing geopolitical… Read More »Bitcoin Surges Near $108,200 Fueling Rally Prospects Amid Bullish Technicals