$BTC jumped 10% last week and turn positive once again.
✅Breakout Confirmed: Bitcoin has decisively broken out of the falling wedge pattern that persisted through late 2024 to early 2025. Historically, falling wedges are bullish reversal patterns and this one played out perfectly with a strong upward rally.
✅Horizontal Resistance Flipped: The previous resistance zone around $88,000–$92,000 has been cleared. Bitcoin is now targeting its next key level at $109,356, and beyond that it’s in price
$XRP price action is showing signs of a potential bullish reversal.
The cryptocurrency has broken out of a falling wedge pattern and retested the breakout area. Currently, XRP is consolidating beneath a significant resistance zone.
Whether this breakout will lead to a sustained upward trend depends on the strength of buyer support.
Key levels to watch on the upside include: $2.85 $3.20 $3.40
What are your expectations for XRP in the short to medium term?
Great news, Bitcoin enthusiasts! Our favorite cryptocurrency just climbed above the $63,000 mark, and it looks like we might be in for an exciting ride.
The asset got a little boost when Jerome Powell, the Federal Reserve Chair, hinted at lower interest rates during his speech in Jackson Hole. While he didn't give us all the details, it's still something to look forward to! 🤑
Our friends at Kraken shared some interesting insights. They suggest that Bitcoin needs to stay above $62,000 to avoid dropping back to $49,000. It's like a game of financial hopscotch! 😂
One analyst said, "We're seeing more of a zigzag pattern than a straight shot to the moon." It's all part of the Bitcoin adventure! 😜
Right now, Bitcoin is playing within a big sandbox between $55,720 and $73,777. Just like watching a tennis match, with the price bouncing between these two levels. After the 'bears' (those pessimistic folks) couldn't keep Bitcoin down below $55,724, now Bitcoin is climbing up to the higher end of the range.
So, what do you think? 😏
Will Bitcoin keep its head above the $60,000 water line, or will those pesky bears try to pull it back down? It's like a thrilling cliffhanger in the world of crypto!🤑