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: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • 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: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Bitcoin Price (BTC) Primed For Lift-Off Above $11K

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Bitcoin Price Bull Run 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.

  • Bitcoin price is gaining momentum and it recently traded above $10,700 against the US Dollar.
  • The price is currently testing the key $10,800 resistance area and it might correct a few points.
  • There is a new bullish trend line forming with support near $10,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The price remains well bid and it is likely to climb further above the $10,800 and $11,000 resistances.

Bitcoin price is trading in an uptrend above $10,600 against the US Dollar. BTC surge once there is a successful break above the $10,800 and $11,000 resistances.

Bitcoin Price Analysis

Yesterday, there were further upsides in BTC above the $10,750 resistance area against the US Dollar. The price even broke the $10,800 level and settled above the 100 hourly simple moving average. A new monthly high was formed near $10,893 before the price started a downside correction. There was a break below the $10,750 and $10,600 levels. Moreover, the price spiked below $10,500, but downsides were contained.

A swing low was formed near $10,463 and the price started a fresh increase. It broke the $10,600 resistance to move back into a positive zone. Additionally, there was a break above the 50% Fib retracement level of the last slide from the $10,893 high to $10,463 low. The bulls even pushed the price above a connecting bearish trend line with resistance at $10,560 on the hourly chart of the BTC/USD pair.

The price is now testing the $10,800 resistance area. Moreover, it seems like the 76.4% Fib retracement level of the last slide from the $10,893 high to $10,463 low is acting as a resistance. If there is an upside break above the $10,800 and $10,880 levels, the price could continue to rise. In the mentioned case, the price will most likely break the $11,000 resistance level.

Conversely, if the price fails to break the $10,800 and $10,880 resistance levels, it could correct lower. An immediate support is near the $10,650 level. Additionally, there is a new bullish trend line forming with support near $10,600 on the same chart. Below the trend line, the price could revisit the $10,500 support area in the near term.

Bitcoin Price Analysis BTC Chart

Looking at the chart, bitcoin price is clearly gaining momentum above $10,700 and it will most likely break the $10,800 and $10,880 resistance levels. Finally, if there is a break above $11,000, the price could test $11,250.

Technical indicators:

Hourly MACD – The MACD is slowly gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is moving higher towards the 75 level.

Major Support Levels – $10,600 followed by $10,500.

Major Resistance Levels – $10,800, $10,880 and $11,000.

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

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

比特幣大戶加倉:內部人士推薦BTC期權幣Bitcoin Hyper潛在升幅1000倍!

當比特幣在2025年第三季度初重拾漲勢,市場不僅再度聚焦主流資產本身,更將目光轉向那些受益於比特幣上漲所帶動的衍生敘事。在這一輪尚未完全爆發的牛市前夕,Bitcoin Hyper($HYPER)作為一...

Kelvin Lee 2 hours ago
Is Bitcoin Ready to Pop? Analyst Warns of Sell-Side Liquidity Squeeze as Whales Take Over

Is Bitcoin Ready to Pop? Analyst Warns of Sell-Side Liquidity Squeeze as Whales Take Over

Bitcoin continues to hover just below its previous all-time high, consolidating around the $109,000 mark despite a modest 1.9% gain...

Samuel Edyme 3 hours ago
Bitcoin Price Attempts a Comeback

Bitcoin Breakout Alert — Price Turns Green as Bulls Step In

Bitcoin price started a fresh increase above the $108,500 zone. BTC is now up over 3% and showing positive signs...

Aayush Jindal 6 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 Consolidates Below All-Time High as Spot Market Drives Momentum

Bitcoin Consolidates Below All-Time High as Spot Market Drives Momentum

Samuel Edyme 54 minutes ago

Bitcoin Rally Ahead? DXY Breakdown Suggests Capital Shift To Risk-On Assets

Ash Tiwari 2 hours ago

Илон Маск собирается создавать политическую партию против Трампа

lisachaikina 2 hours ago

Premium Sponsors

Press Releases

  • Matrixport Establishes Strategy XAUm Reserve, Remains...

    25 minutes ago
  • MEXC DEX+ Super Fest Season 5 Launches with a 200,000 USDT...

    39 minutes ago
  • Bitget Burns 30M BGB Worth $138 Million for Q2 2025

    2 hours ago
  • Ripple XRP Investors Making $10,9700 Per Day with This...

    7 hours ago
  • 仮想通貨プレセール|次世代ビットコイン拡張プロジェクトが200万ドル目前、投資家が続々と参加中

    ...

    18 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.