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: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • 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: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

This Technical Factor Suggests Bitcoin Will Soon See Explosive Volatility

Cole Petersen
Cole Petersen
1 year ago
2 mins read

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.

Bitcoin’s bulls are currently engaged in an intense battle to break above the heavy resistance the cryptocurrency faces at $9,500.

The selling pressure seen here has been enough to stop the benchmark digital asset from seeing any type of intense uptrend, but it still remains a possibility that this level is shattered in the near-term.

One factor that could be contributing to this volatility is BTC’s Bollinger Bands’ width recently reaching historic support. This technical trend typically occurs before the cryptocurrency makes a massive movement.

That being said, today’s climb could mark the start of this big movement, and there are several technical factors that seem to favor Bitcoin seeing further upside.

One analyst is noting that a decisive close above $9,500 on one of the crypto’s 4-hour candles could be just what is needed for it to make another bid at $10,000. How it reacts to this psychologically significant level will likely determine how it trends in the months ahead.

Bitcoin Inches Higher as Analysts Watch for It to Make a Massive Movement

At the time of writing, Bitcoin is trading up just under 1% at its current price of $9,450. This is around the price at which the cryptocurrency has been trading at since it first pushed off of its recent lows of $9,200.

How it trends from here may be largely dependent on whether or not it is able to surmount the heavy selling pressure sitting around $9,500.

It has posted some slight rejections at this level already, but it has yet to see any sharp decline as a result.

One factor to be aware of in the near-term is that a technical indicator hit a level that historically forecasts major volatility less than two days ago.

A popular pseudonymous crypto analyst spoke about this in a recent tweet, explaining that Bitcoin’s Bollinger Band’s width hitting historic support indicates that a large movement is looming on the horizon.

“BBand width is at historic support again. Something big [is] happening very soon. Place your bets,” he explained.

Bitcoin

Image Courtesy of Byzantine General. Chart via TradingView

Here’s Why This Next Movement May Favor BTC Buyers 

It is important to note that Bitcoin’s buyers may be the beneficiaries of this potentially imminent volatility.

According to a recent blog post from another respected trader, a sustained close above $9,500 on the cryptocurrency’s 4-hour candle would indicate that a movement to $10,000 is imminent.

“If we get a close above $9500 on a 4H candle then if the level seems to be holding as support throughout the daily close then I think a decent long position could be taken with pretty low risk,” he explained.

Bitcoin

Image Courtesy of CryptoCactus. Chart via TradingView

How Bitcoin reacts to this level will determine which direction it trends in throughout the summer months.

Featured image from Shutterstock.

Charts via TradingView.
Tweet123Share204ShareSend
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.

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

Coinbase Premium Signals Aggressive Ethereum Accumulation: Institutional Demand Accelerates

Coinbase Premium Signals Aggressive Ethereum Accumulation: Institutional Demand Accelerates

Ethereum has surged more than 70% since mid-June, marking one of its most impressive rallies of the year. The move...

Sebastian Villafuerte 6 hours ago
Avalanche

Avalanche Bulls Eye Breakout, But Mid-Term Caution Clouds The View

Crypto Analysis AI, in a recent update on X, highlighted that Avalanche (AVAX) is displaying mixed signals across multiple timeframes....

Godspower Owie 7 hours ago

How Stablecoin Rules Are Cementing USD as the World’s Digital Anchor

Conventional crypto wisdom has traditionally painted stablecoins as a potential threat to the U.S. dollar’s hegemony: digital upstarts set to...

News BTC 7 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

Ethereum's Rally Isn't What It Seems — Here's What's Really Driving It

Ethereum’s Rally Isn’t What It Seems — Here’s What’s Really Driving It

Samuel Edyme 3 minutes ago
bitcoin

Bitcoin Sees Long-Term Holders Sell As Short-Term Buyers Step In – Sign Of Rally Exhaustion?

Ash Tiwari 1 hour ago
Ethereum news

Tom Lee Predicts $30,000 Per Ethereum As Treasury Frenzy Begins

Jake Simmons 3 hours ago

Premium Sponsors

Press Releases

  • 米下院がGenius法案を可決、暗号資産市場は4兆ドル間近に — 次なる仮想通貨1000倍の期待銘柄とは

    ...

    3 hours ago
  • Top 5 Cloud Mining Sites in 2025: Best Crypto Platforms for...

    6 hours ago
  • PAXMINING Leads 2025 Bitcoin Mining Surge: Innovative Cloud...

    8 hours ago
  • ミームコイン熱狂の中、最新仮想通貨プレセールが63万ドルを突破

    ...

    10 hours ago
  • XRPが3.4ドルの最高値を突破し、2日間で取引量が約4倍に急増する中で注目される次の仮想通貨おすすめ

    ...

    10 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.