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#ArizonaBTCReserve Bitcoin Technical Analysis The Bitcoin market initially pulled back just a touch during the early hours on Tuesday, but it does continue to see a lot of sideways action. And I think at this point in time, we are just trying to digest a lot of the gains. If we pull back from here, and that would not be a huge surprise, I suspect that the $90,000 level is an area that a lot of people will be paying close attention to. The 50-day EMA is racing towards that area as well, so I’d be watching that as yet another reason to think that area around $90,000 should be somewhat interesting. If we break to the upside, the $100,000 level is the next major target, followed by $110,010. So, with that, it looks a lot like a range of noise that might be difficult to get above.
But if and when we do, then it’s very possible that Bitcoin could rally all the way back to the recent all-time highs, which is $110,000. The market has been very strong until the last couple of days, but when you look at the last couple of weeks, it’s been a significant V bottom. And I think at this point, it’s become more or less a buy on the dip type of market as it looks like Bitcoin is ready to continue its march higher. At this point, I have no real interest in trying to short this market as it has been so strong over the last few weeks.
Signal: $BTC is consolidating just below $95,500 resistance after a strong breakout rally. Price action is forming a bullish flag, signaling a possible move towards $96,500–$98,000 if it breaks the current zone with volume.
Watch Levels:
Support: $93,500
Resistance: $95,500 / $96,800
Strategy:
Long on breakout above $95,500
Short-term caution if fails and closes below $93,500
As of April 29, 2025, Bitcoin (BTC) is trading around $95,000, up nearly 1% on the day. The market shows bullish sentiment with a reversal signal, indicating potential upward momentum. Historical price patterns are repeating, and analysts anticipate further gains. Major developments include the U.S. establishing a Strategic Bitcoin Reserve and new Bitcoin option ETFs launching. Forecasts predict BTC may reach $120,000–$210,000 by year-end. Institutional interest and macroeconomic factors continue to support its growth. The overall outlook remains positive, with Bitcoin maintaining strong technical and fundamental backing as it tests resistance near the $95K level
On April 29, BlackRock increased its holdings by 10,000 ETH, worth $18.14 million. BlackRock acquired 10,000 ETH, valued at $18.14 million, through its Ethereum exchange-traded fund ETHA Ethereum ETF from Coinbase Prime hot wallet address.
$DOGE also the lowest point to buy in, floating profit 40%📈 Last year, Bitcoin was publicly laid out at 58,000 for 10 spot trades, all published publicly, all doubled 📈📈 The largest heavy-weight currency XRP directly bought into this bull market's biggest dark horse, doubled 7 times 💰💰 The second round of spot layout has now also started to publicly show floating profits I just ask you if you are convinced⁉️ Who else‼️ That year, with hands in pockets, didn't know who the opponent was 🤷♂️ Paid or free, none can compete No opponents 🤷♂️ are you convinced $XRP