Bitcoin Breaks Barriers with $2 Trillion Weekly Close â A New Era Begins
Bitcoin has just flipped the script on the crypto marketâagain. For the first time ever, the worldâs leading digital asset has closed the week with a market cap exceeding a jaw-dropping $2 trillion. This milestone doesnât just break recordsâit reshapes the narrative.
Throughout the week, Bitcoinâs price climbed with strength, slicing through resistance levels and fueling renewed confidence among traders, institutions, and long-term believers. This surge wasnât randomâit came with growing volume, increased dominance, and a wave of bullish sentiment thatâs hard to ignore.
What sets this rally apart is the toneâit feels decisive, powerful, and transformative. Bitcoin is no longer just part of the crypto market; itâs asserting itself as a global financial heavyweight. The $2 trillion valuation is more than a numberâitâs a psychological breakthrough.
Now, all eyes are on whatâs next. Will Bitcoin continue its upward momentum into price discovery territory, or are we nearing a point of exhaustion? Former resistance zones are now acting as support, and momentum indicators are heating up fast. Whales are on the move, liquidity is tightening, and anticipation is electric.
One thing is crystal clear: Bitcoin has entered beast mode, and the market is shifting with it. Whether weâre headed for higher highs or bracing for a correction, the game has undeniably changed. Stay sharpâthe next chapter is already un folding.$BTC #BinanceAlphaAlert
ETHFI has successfully broken out of the descending triangle pattern and completed a successful retest, with the Ichimoku Cloud now acting as strong support. A significant upward move appears imminent. đ
A tipset is a term mostly used to describe the blockchain of decentralized storage system Filecoin. Filecoinâs consensus mechanism is built on tipsets, as their Expected Consensus system (unlike Bitcoin) is election-based and allows for multiple miners to be the elected leaders in a round.
This means that Filecoin (or another similar storage system) allows more than one storage miner to create blocks in one epoch, which in turn increases the network throughput. Basing a blockchain on tipsets can also contribute to the security of the network: simply put, since each tipsetâs weight is relative to the amount of storage it provides, any node that attempts to disrupt the creation of valid blocks must contend against the consensusâ preference for heavier chains.
Filecoinâs tipset system is similar to Ethereum, since the system motivates participants to collaborate and prevents work being wasted through an increase in chain throughput.
The advantages of using a tipset system are that miners will gather together to support the heaviest chain, or the chain that is creating value â this is because decentralized storage systems naturally prioritize chains that are offering more storage. Tipsets that are lighter chains become orphan blocks, since they donât have the draw of greater storage power.
#BTCâ has surged above $90,000! đ The Bitcoin network boasts over 1+ billion addresses, yet only 53-55 million are active with a non-zero balance. The true hodlers continue to show their unwavering support for the market!
#LINKUSDT The period between May 2022 and October 2023 is the first accumulation after the bear market, then we have the first bullish breakout or relief rally, the end of 2023 and the beginning of 2024. Now we saw a correction and everything stopped, won. Don't make new lows, for the market to be technically bullish it has to make a higher low to continue up, you can see this clearly on the chart.
Now think of $86 and the current price and you have a target of 535%. And this is a conservative price, thinking about what Bitcoin is doing, early in the game, tells us that prices will go much higher by the end of the next bull phase.
For LINKUSDT, we can consider even 130, 178 (1200%) or more, 224.
Bitcoin is currently facing resistance at the horizontal main supply zone while retesting the breakout point of the broadening wedge pattern.
A successful retest and breakout above this critical supply zone could confirm a bullish trend. Supporting the price action, the Ichimoku Cloud is providing strong support.
However, if the retest fails, further price movement within the pattern is expected.
#US30 failed to form the new ATH and broke the trendline. Price dropped hard and back inside the consolidation range and this will work as the support zone. Expecting a reversal from here and touch the previous highs.
ORDI is currently trading within a descending triangle pattern and rebounding from a horizontal demand zone. A breakout above the Ichimoku Cloud and the resistance trendline of the triangle could signal a bullish rally for ORDI.