US EditionBitcoin Breakout Alert — Price Turns Green as Bulls Step In - Coin Surges
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Can Bitcoin Break Through $110,000 and Trigger a Bull Run
Bitcoin’s price has remained a subject of intense scrutiny for both retail and institutional investors over the past few months. Recently, it has been fluctuating just above the $108,000 level, a key point that many analysts believe could be a precursor to a much larger move. However, it is the $110,000 price point that has garnered the most attention. Bitcoin has tested this resistance level multiple times in the past week but has yet to secure…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the past week, the price of Bitcoin has surged and briefly climbed above the $110,000 mark before falling back down. This indicated a steady increase in participation as crypto investors began to place their bets again. However, while the market welcomed the rise, crypto analyst Xanrox called it a bearish development. The analysis focuses on…
Bitcoin Breakout Alert — Price Turns Green as Bulls Step In - Coin Surges
Bitcoin price started a fresh increase above the $108,500 zone. BTC is now up over 3% and showing positive signs above the $110,000 level. Bitcoin started a fresh increase above the $108,500 zone. The price is trading above $110,500 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $108,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to rise if …
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