koinmilyoner
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Bullish
🔥 BTC Holds Strong Below ATH — Altcoins Still Playing Catch-Up
After hitting a new all-time high at $112,000, Bitcoin has dropped down to $107,000 as bulls seek short-term support. This decision comes amid rising trade tensions and high US Treasury rates that continue to worry conventional markets. Even though the pullback occurred, many investors saw it as a good correction in an upswing.
Daan notes a major difference between Bitcoin and the crypto market. The TOTAL Altcoin Market Cap is more than 30% below its 2021 highs, even though BTC has soared. Bitcoin is clearly stronger in this cycle than altcoins, which continue to trail despite recent rallies.
Daan stresses a TOTAL chart horizontal resistance level in his technical analysis. Altcoins may underperform Bitcoin until that barrier is breached. BTC has outperformed the market during this cycle, and until a fundamental change happens, this tendency may continue.
Bitcoin's weekly chart indicates a significant breakthrough over its old all-time high above $109,000, confirming the bullish trend. BTC hit $112,000 before resistance and is stabilizing around $107,500. This level matches the breakout zone, converting resistance into support—a bullish retest setup.
Bullish candle structure and heavy volume support the breakthrough. BTC remains above the 34-week EMA ($87,938), which has supported this macro rally. All major moving averages (50, 100, and 200 weeks) are rising, supporting long-term bullishness.
Notably, the weekly close matters. Holding over $103,600 validates the breakthrough and may revive buying interest, pushing prices above $120K–$125K. BTC may retest $95K–$100K for support if the present level fails.
#TrumpTariffs #MarketPullback #BTCBreaksATH110K #DinnerWithTrump #ETHMarketWatch $BTC
After hitting a new all-time high at $112,000, Bitcoin has dropped down to $107,000 as bulls seek short-term support. This decision comes amid rising trade tensions and high US Treasury rates that continue to worry conventional markets. Even though the pullback occurred, many investors saw it as a good correction in an upswing.
Daan notes a major difference between Bitcoin and the crypto market. The TOTAL Altcoin Market Cap is more than 30% below its 2021 highs, even though BTC has soared. Bitcoin is clearly stronger in this cycle than altcoins, which continue to trail despite recent rallies.
Daan stresses a TOTAL chart horizontal resistance level in his technical analysis. Altcoins may underperform Bitcoin until that barrier is breached. BTC has outperformed the market during this cycle, and until a fundamental change happens, this tendency may continue.
Bitcoin's weekly chart indicates a significant breakthrough over its old all-time high above $109,000, confirming the bullish trend. BTC hit $112,000 before resistance and is stabilizing around $107,500. This level matches the breakout zone, converting resistance into support—a bullish retest setup.
Bullish candle structure and heavy volume support the breakthrough. BTC remains above the 34-week EMA ($87,938), which has supported this macro rally. All major moving averages (50, 100, and 200 weeks) are rising, supporting long-term bullishness.
Notably, the weekly close matters. Holding over $103,600 validates the breakthrough and may revive buying interest, pushing prices above $120K–$125K. BTC may retest $95K–$100K for support if the present level fails.
#TrumpTariffs #MarketPullback #BTCBreaksATH110K #DinnerWithTrump #ETHMarketWatch $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
107,057.41
-2.09%