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

Bitcoin Reclaims $10,000 in Sudden Surge: Can Bulls Keep the Pace?

Nick Chong
Nick Chong
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.

Well then. Bitcoin (BTC) has just reclaimed $10,000 in a sudden surge to the upside. As of the time of writing, the cryptocurrency sits just shy of $10,000, finding itself up 4% in the past 24 hours.

Related Reading: Bitcoin and Crypto Shouldn’t & Can’t Be Banned, Say Politicians: Why?

Interestingly, altcoins have underperformed the market leader, accentuating the trend of BTC outperforming its ilk during sudden moves higher.

Bitcoin Moves Past $10,000 After Lull

After over a week of a price action lull, BTC managed to break out on Tuesday. After failing to break past $9,700 multiple times, Bitcoin ticked higher on Tuesday morning, moving past a key resistance level at $9,800. Then, at around 1:00 pm (UTC), bulls managed to take control of the market, pushing the price of BTC quickly to $10,000.

This move caught many traders with their pants down, as there has been a multitude of calls for lower lows pushed over recent days. Also, there were no positive news stories about the cryptocurrency industry released during this time, making this Bitcoin surge that much more confusing.

While it isn’t clear if there is any correlation here, this writer noticed that the publishing of an article from CoinDesk about the first “physical” Bitcoin futures lined up with the move from $9,850 to $10,000. Notably, the article was published at 1:00 pm (UTC), which, as aforementioned, is when the aforementioned movement began.

What Are Analysts Saying? 

What are analysts saying right now?

Interestingly, it’s a bit of a mixed bag, despite the fact that Bitcoin reclaiming the auspicious $10,000 price point is quite notable.

Through his Telegram channel, Joe McCann recently wrote that BTC is looking slightly overextended on the five-minute chart, later adding that he is looking to ride a short to $9,830.

However, he adds that from a medium-term time frame, things are looking a bit better. He noted that Bitcoin is starting to exhibit a move towards a Moving Average Convergence Divergence (MACD) crossover on the one-day chart, which last occurred prior to BTC’s 60% move from $8,500 to $14,000.

So, the conclusion that can be drawn from this is as follows: BTC is likely overextended in the short term. But, should bulls manage to hold key levels, Bitcoin could print a bullish technical crossover, creating a catalyst for yet another strong move higher.

Many analysts are still coping with this move. But over the next hours, sentiment on this surprising move to retake $10,000 should become clear.

Featured Image from Shutterstock
Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

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

Bitcoin Prognose: Zinsen runter, Wert rauf, Bitcoin Hyper als Turbo?

Das Aufatmen an den Märkten war diese Woche deutlich hörbar. Nach Monaten an endlosen Diskussionen zwischen Donald Trump und der...

georgsteiner 3 hours ago
Cardano

Can Cardano Repeat 2021 Surge? Technicals Point Toward $3–$6 Target – Details

Cardano (ADA) prices have dropped by 3.49% in the past week, amidst a broader crypto market correction. The popular altcoin...

Semilore Faleti 2 hours ago
Bitcoin

Bitcoin Tests Weekly Open As $113,300 Fair Value Gap Looms — What It Means

Over the past week, the Bitcoin market experienced significant volatile price action, resulting in a net price loss of 0.07%....

Semilore Faleti 8 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

Ethereum (ETH) Mirrors 2021 Price Action As Bulls Target $10,000 By 2026

Semilore Faleti 19 minutes ago
altcoins, bull run, altseason, trump crypto, crypto verwachting

Altcoins trekken miljarden na Fed cuts – altseason staat voor de deur

Lars Diederiksen 1 hour ago
XRP koers ATH door Ripple ETF nieuws? De belangrijkste XRP verwachting 2025

XRP koers ATH door Ripple ETF nieuws? De belangrijkste XRP verwachting 2025

Lars Diederiksen 1 hour ago

Premium Sponsors

Press Releases

  • パイネットワーク...

    22 hours ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Cele mai bune altcoin-uri de cumpărat, pe măsură ce...

    24 hours ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Cele mai bune meme coin-uri de cumpărat acum, pe măsură...

    24 hours ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Nejlepší meme coiny k nákupu nyní, když se tržní...

    1 day ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Nejlepší altcoiny k nákupu, když se cena Solany...

    1 day 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.