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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • 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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Bitcoin Price Barrels Past $28,000 – Can BTC Keep Pushing This Week?

Christian Encila
Christian Encila
2 years ago
3 mins read
Bitcoin price

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 proving its resilience as the world’s most popular cryptocurrency surges past the $28,000 level today, gaining 3% in the last 24 hours alone. March saw the start of the anticipated leg of an uptrend that pushed BTC to nine-month highs, leaving experts questioning what’s behind this remarkable run. 

Related Reading

Ethereum

Bitcoin Falls Back To $24,000 After Briefly Topping $26K – Will BTC Backpedal Further?

1 year ago

Bitcoin Price Draws Highest Weekly Close In Nine Months

At the time of writing, Bitcoin was trading at $28,284, up 27% in the last seven days, data from crypto market tracker Coingecko shows.

Source: Coingecko

Bitcoin had a strong start to the year, with a 41% increase in the first three weeks, but then hit a Fair Value Gap (FVG) and pulled back to balance. This allowed buyers to step in and push Bitcoin to a nine-month high of $27,763. 

With Bitcoin’s aggressive momentum, analysts expect the alpha coin to further climb to $29,000.

Overall, Bitcoin’s price movement is influenced by a power struggle between bulls and bears, resulting in periods of sideways movement and pullbacks to rebalance.

While the current position of BTC suggests a possible extension of the rally, investors should also be cautious of bearish signals from momentum indicators, which may indicate a future correction.

Just like previously asked on #Bitcoin, we got the answer now as well.

Are we staying above $26,800? Answer is clear; yes.

This means, trend will continue to last until $26,800 is lost.

Looking for a final sweep into $28,300-28,900 and then reversal. pic.twitter.com/d6lK0CWAjx

— Michaël van de Poppe (@CryptoMichNL) March 18, 2023

A Final Sweep Before Reversal

Despite the slight dip in BTC/USD over the weekend, Michaël van de Poppe, who is the founder and CEO of trading firm Eight, remains hopeful about the short-term future of the cryptocurrency.

Van de Popperend says the trend will continue to last until $26,800 is lost, adding it will go through “a final sweep into $28,300-28,900 and then reversal.“

BTC total market cap at $536 billion on the daily chart at TradingView.com

Related Reading

Shiba Inu

Shiba Inu Developer Drama Takes Toll On SHIB Price – Here’s Why

2 years ago

Selling Pressure

Meanwhile, the collapse of traditional finance banks had a ripple effect on stablecoin platforms, causing initial selling pressure. However, investors may have regained confidence and started investing in Bitcoin, which is comparatively more stable than stablecoins.

This could be the reason for Bitcoin price rally, despite the development of a bearish divergence. If BTC can hold above the $27,000 support level, the sell-side inefficiency could be a buying opportunity, with the next target being the upper limit of $28,500 to $29,000.

-Featured image from digthisvegas.com

Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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

Bitcoin price

Expert Prediction: Bitcoin Price Could Hit $200,000 By June 2026, Claiming 50% Probability

Despite recent fluctuations that saw the Bitcoin price retrace nearly 6% on a weekly basis, market expert Timothy Peterson remains...

Ronaldo Marquez 5 hours ago
2026-rate-cycle-brings-soft-bull-bitcoin-hyper-top-altcoin-presales-tw

2026利率主導市場緩牛來襲 Bitcoin Hyper搶佔市場中最佳預售山寨幣

當市場停止追問「下一輪牛市何時開始」,而開始討論「這是否已是一種新常態」時,說明加密資產的節奏已從投機性爆發轉向系統性內嵌。2026年被預期為一個不再依賴Meme與泡沫驅動的週期,而是一場由流動性轉向...

Mark Mak 5 hours ago
Bitcoin Price Breaks Down

Bitcoin Price Breaks Down – Support Fails As Traders Question If Bulls Return

Bitcoin price extended losses after it traded below $112,500. BTC is now consolidating losses and might decline again to test...

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 price news

Bitcoin On The Brink: Analyst Warns This Key Level Must Hold

Jake Simmons 27 minutes ago
Dogecoin

Dogecoin (DOGE) On The Brink Of A Major Breakout: 800% Rally In Sight

Ronaldo Marquez 1 hour ago
TAO, Solana, SUI, chainlink

SUI Retest Ascending Triangle Support Amid 8% Drop – Bounce Or Breakdown Next?

Rubmar Garcia 4 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展望 ― 0.30ドル到達と「買うべきミームコイン」論争

    ドージコイン 今後の展望 ―...

    18 hours ago
  • リップル 今後の展望:RLUSDステーブルコインがマネーマーケットファンドに統合

    リップル...

    18 hours ago
  • 仮想通貨プレセール動向:次世代ビットコインレイヤー2が資金を集める

    ...

    18 hours ago
  • テザーが5,000億ドル規模の資金調達を計画、今注目すべき仮想通貨おすすめ

    ...

    18 hours ago
  • 新しい仮想通貨のプレセールが250万ドル目前、投資家が急増中

    ...

    19 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.