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 Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days
  • 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 Reaches Forecasted All-Time High: Prophecy Predicts Bear Market Low In 364 Days

TA: Bitcoin Tops Near $35K, What Could Trigger Fresh Decline To $30K

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Bitcoin

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 recovered above $33,000, but it failed to climb above $35,000 against the US Dollar. BTC is retreating from the 100 hourly SMA and it could extend its losses.

  • Bitcoin started a decent recovery and it climbed above the $34,000 level.
  • The price is now facing hurdles near $34,000 and the 100 hourly simple moving average.
  • There is a crucial bearish trend line forming with resistance near $33,800 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair must clear the 100 hourly SMA and $34,000 to continue higher in the near term.

Bitcoin Price is Facing Hurdles

Bitcoin started a steady increase above the $33,000 and $33,500 resistance levels. BTC even spiked above the $34,000 resistance zone, but it failed to gain pace above the 100 hourly simple moving average.

It is now facing hurdles near $34,000 and the 100 hourly simple moving average. A high was formed near $34,877 and the price is now correcting gains. It declined below the 23.6% Fib retracement level of the recent recovery from the $28,900 swing low to $34,877 high.

An immediate support on the downside is near the $31,800 level. It is near the 50% Fib retracement level of the recent recovery from the $28,900 swing low to $34,877 high.

On the upside, an initial resistance is near the $33,800 level. There is also a crucial bearish trend line forming with resistance near $33,800 on the hourly chart of the BTC/USD pair. The main resistance is still near the $34,000 zone.

Bitcoin Price

Source: BTCUSD on TradingView.com

Bitcoin must clear the 100 hourly SMA and then settle above the $34,000 zone to move into a positive zone. The next major resistance for the bulls could be $35,000.

More Losses in BTC?

If bitcoin fails to clear the $34,000 resistance or the trend line resistance, it could continue to move down. An immediate support on the downside is near the $31,800 level.

The next major support is near the $31,200 level. A downside break below $31,200 could open the doors for a fresh drop towards the $30,000 zone in the coming sessions.

Technical indicators:

Hourly MACD – The MACD is now moving into the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is back below the 50 level.

Major Support Levels – $31,800, followed by $31,200.

Major Resistance Levels – $33,800, $34,000 and $35,000.

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

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

Infographie : ATH de Bitcoin et or à 4 000 $, points clés de la nuit du 6–7 octobre 2025

Bitcoin explose son ATH, l’or s’envole à 4 000 $ : Résumé de la nuit du 6 au 7 octobre 2025

Une ambiance de records dans la nuit : Bitcoin pulvérise son sommet historique pendant que l’or passe au-dessus de 4...

guillaumev 2 hours ago
Graphique explicatif : comment Grayscale intègre le staking à ses ETF spot sur Ethereum et Solana

Staking dans des ETF spot : l’initiative de Grayscale sur ETH/SOL est-elle pérenne ?

Grayscale vient de bousculer la donne : du staking dans des ETF spot sur Ethereum et Solana. Concrètement, les investisseurs...

guillaumev 2 hours ago
Bitcoin news

Veteran Macro Strategist Says Bitcoin Is Entering A 1950s-Style Supercycle

Bitcoin’s next leg higher sits inside a broader “everything, everywhere, all at once” bull market that echoes the 1950s more...

Jake Simmons 2 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

XRP

XRP Fear Index Spikes To 6-Month High, And That Could Spark Its Next Breakout

Christian Encila 16 minutes ago
Analyse visuelle : Wall Street se positionne sur Solana, throughput et usages en plein essor

Actualité Solana : la blockchain qui séduit Wall Street et fait trembler Ethereum

guillaumev 19 minutes ago
Bitcoin

Can The Bitcoin Price Explode To $200,000? The Gold Chart That Tells It All

Scott Matherson 1 hour ago

Premium Sponsors

Press Releases

  • Следващата криптовалута, която може да избухне: Snorter може да превърне 500 USD в 250 000 USD, докато CIO-то на Bitwise подкрепя Solana

    Следващата криптовалута, която...

    1 hour ago
  • Защо Snorter привлича толкова голям интерес?

    Următoarea criptomonedă care ar putea exploda: Snorter ar...

    2 hours ago
  • Ďalšia kryptomena, ktorá môže vystreliť: DeepSnitch AI môže zmeniť 500 USD na 250 000 USD, zatiaľ čo Token 6900 a Solaxy posilňujú svoju pozíciu

    Ďalšia kryptomena, ktorá môže vystreliť: DeepSnitch...

    3 hours ago
  • A következő kriptovaluta, ami berobbanhat: a DeepSnitch AI 200 000 Ft-ot 100 000 000 Ft-ra változtathat, miközben a Token 6900 és a Solaxy erősítik pozíciójukat

    A következő kriptovaluta, ami berobbanhat: a DeepSnitch...

    3 hours ago
  • Następna kryptowaluta, która może wystrzelić: DeepSnitch AI może zamienić 2 000 zł w 1 000 000 zł, a Token 6900 i Solaxy umacniają swoją pozycję na rynku

    Następna kryptowaluta, która może wystrzelić...

    3 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.