🚀 Bitcoin Approaching All-Time High! Is Altseason on the Horizon? 🔥 📈 Today's BTC Price: ~$104,900 Bitcoin continues to rise and is now just a step away from the previous all-time high (ATH) in the range of $105,000–$106,000.
📊 BTC Technical Analysis (May 11, 2025):
Main Support: $102,200
Main Resistance: $105,500 (ATH)
RSI (Relative Strength Index): 72 – indicating overbought conditions, but still within a strong trend zone.
EMA 20/50 crossover: EMA 20 has crossed above EMA 50 — a strong bullish signal.
Volume: Sharply increased over the last 3 days, indicating massive accumulation.
If BTC can break through $105,500 with high volume, we could see price discovery towards $110,000. However, beware of a potential slight correction to $102,000 as a retest of the support zone before continuing upward.
📣 Meanwhile, Ethereum and altcoins are beginning to show signs of strengthening — this could be the start of altseason!
📌 Question for the Binance Square community: What are your strategies for facing BTC's major resistance? Are you ready to rotate into altcoins?
The telegram group has been created, I placed it in the comments, feel free to join the sharing/learning. This is not an open signal group (just letting you know which coin I am opening), you can follow but still do your own research. There will definitely be hit stop loss and take profit, it's not perfect.
BTC Technical Outlook – May 3, 2025 Current price of $BTC : $96,339
After experiencing a significant surge since early May, $BTC is currently undergoing a healthy correction (pullback) approaching a crucial support area at $96,000. If this support holds, there is potential for a rebound that could bring the price back to test resistance at $97,800.
🟢 Short-Term Trend: Still Bullish 📉 Correction Potential: Normal in an uptrend 🔍 Volume decreasing on the way down → selling pressure weakening.
🎯 Pay attention to the following important levels:
Support: $96,000
Resistance: $97,800
A breakout or breakdown could be the next entry signal.
💬 Are you ready to buy the dip or wait for a breakout confirmation? Drop your thoughts in the comments! #BTC #CryptoAnalysis #BinanceSquare #BitcoinToday #DigitalAssetBill
Bitcoin Continues Bullish Trend: What You Need to Know? Date: March 20, 2025 Bitcoin (BTC) is currently showing an exciting bullish trend, with prices surpassing $40,000 for the first time in several months. This increase is driven by growing interest from institutional investors and broader adoption by large companies. Several key factors driving the surge in Bitcoin prices: Institutional Adoption: Large companies, including tech giants and financial institutions, are increasingly investing in Bitcoin as part of their asset diversification strategies. Positive Regulation: Signs of more favorable regulation in various countries are also helping to boost investor confidence in this cryptocurrency. High Interest Leading Up to 2025: In anticipation of the Bitcoin halving scheduled for this year, many investors are expecting the potential price surge that typically follows such events. Meanwhile, analysts are warning investors to remain cautious, given the volatility that can always occur in the crypto market. For more information and in-depth analysis, stay updated with the latest news on our platform