NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Bears Beware: If Bitcoin Breaks Above $11,700 Nothing Will Stop It from Climbing Towards All-Time-Highs

Cole Petersen
Cole Petersen
1 year ago
2 mins read
Bitcoin BTC

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

After facing some instability in the lower-$9,000 region, Bitcoin (BTC) and the aggregated crypto markets have now been able to climb higher, which signals that the market’s bulls are still in firm control.

Now, analysts are offering Bitcoin bears a grave warning, as a break above $11,700 would likely send BTC into a full upwards swing that could lead it back towards its previously established all-time-highs, which will be fueled by a combination of bullish sentiment and greed.

Bitcoin Climbs to Over $9,300 as Buying Pressure Ramps Up 

At the time of writing, Bitcoin is trading up over 2% at its current price of $9,340, up from daily lows of $9,130.

Over the past week, BTC has faced some resistance around its current price levels, but its latest move upwards seems to confirm that the crypto’s bulls are once again ready to begin pushing its price significantly higher.

Assuming that Bitcoin begins forming a fresh upwards in the near-term, it is highly probable that its next strong level of resistance exists at or around $10,000, as this is an important psychological price level that, if broken above, could mark the start of a full-fledged bull market.

Additionally, a sustainable price movement into the five figures would also likely garner BTC increased coverage from the mainstream media, which could lead investors who are currently waiting on the sidelines to jump into the markets, fanning the flames that leads the crypto back towards its all-time-highs.

Cantering Clark, a popular cryptocurrency analyst on Twitter, spoke about Bitcoin in a recent tweet, noting that he believes it is currently forming a technical set up similar to ones seen in the past several weeks that have resulted in bullish momentum.

“Do I think it is this simple, yes. Until the most recent level fails this pattern is setting up to be the same as it was before,” he said while referencing the below chart.

https://twitter.com/CanteringClark/status/1141716560035360769

Analyst: $11,700 a Critical Level That Will Lead to Mass FOMO

If the next leg upwards does send BTC to the five-figure price region, it will be important that it breaks above $11,700, which would likely send it skyrocketing higher.

Josh Rager, a popular crypto analyst on Twitter, spoke about the importance of this price level in a recent tweet, saying:

“$BTC – Where must Bitcoin cross to thrust price to new highs? That level is close above $11,700. Minimal resistance between $14k to $16k won’t be enough to stop BTC. Bullish sentiment & greed will propel price action to new highs & accumulating under $11,700 will be key, imo.”

https://twitter.com/Josh_Rager/status/1141733645641760769

As the week wraps up and the crypto markets head into a weekend trading session, it is likely that the world will soon know whether or not the recent series of upwards legs is truly the beginning of Bitcoin’s ascent back to, and above, its all-time-highs.

Featured image from Shutterstock.
Tweet123Share2278ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

ASTER

Backed By CZ, Aster Token Ignites With 1,650% First-Day Rally

Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports....

Christian Encila 2 hours ago
Bitcoin Cash

Bitcoin Cash (BCH) Plunges 6.7% As Social Media Shows Overhype

Data shows bullish sentiment around Bitcoin Cash has exploded on social media, potentially explaining the coin’s pullback from its 17-month...

Keshav Verma 3 hours ago
Bitcoin price news

Expert Who Nailed The 2024 Bitcoin Top Issues New Call For $208,000 BTC

CryptoQuant chief executive Ki Young Ju has revived a cycle-top debate with a fresh model-based call that puts Bitcoin’s upper...

Jake Simmons 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Countdown To ‘Bitcoin Bottom Day’: Why September 21 Could Change Everything

Ronaldo Marquez 9 minutes ago

Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test

Ash Tiwari 1 hour ago
circle-deploys-usdc-hyperliquid-next-wave-of-crypto-investment-tw

Circle選擇部署USDC穩定幣生態:以HyperLiquid為核心的加密投資浪潮

Peter Chow 1 hour ago

Premium Sponsors

Press Releases

  • ドージコイン 今後 の価格予測:ETF発足で新たな成長ステージへ

    ドージコイン 今後...

    14 hours ago
  • リップル 今後の価格予測:現物ETF効果で4ドル到達を狙うXRP

    リップル...

    14 hours ago
  • 仮想通貨プレセール:専門家が次の有望ミームコイン候補を予測

    ...

    14 hours ago
  • 仮想通貨おすすめ:次のブルランでシバイヌを超える成長候補の4トークン

    ...

    14 hours ago
  • 新しい仮想通貨トレーディングボット、エコシステム大型アップグレード前にICOで400万ドル突破目前

    ...

    15 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.