Tag: Rally

Bitcoin Traders Target $78K But Rally May End There

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Market analysts said Bitcoin’s (BTC) latest rally to $76,000 was a “clear momentum shift,” confirming a short-term uptrend for BTC price.  Bitcoin’s short-term holder (STH) supply in profit, a measure of the share of recently acquired coins currently held at an unrealized gain, suggests that BTC/USD has not exhausted its bear market rally, data from Glassnode shows. Local tops in bear market rallies have historically formed when this metric approaches its statistical mean of 54.2%, a threshold where the concentration of profitable STHs becomes sufficient to trigger meaningful distribution. Currently…

Bitcoin rally pauses near $75K amid US-Iran tensions, inflation hedge role

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Bitcoin’s rally is stalling near $75,000, with onchain data pointing to a pause rather than a reversal. The odds for Bitcoin remaining above $68,000 on April 16 sit at 99.9% YES. Market reaction The market prices in Bitcoin’s function as an inflation hedge as the US-Iran conflict escalates and WTI crude trades above $100 per barrel. The pause suggests traders are reassessing risk given geopolitical tensions and reduced rate cut expectations from the Federal Reserve. The April 30 market for Bitcoin dipping to $60,000 remains less affected, reflecting broader confidence…

Bitcoin faces selling pressure after rally to $76K, traders see no $82K path

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Bitcoin’s climb to $76,000 has stalled as CryptoQuant reports near-term selling pressure, and the Polymarket contract for Bitcoin reaching $82,000 by April 15 sits at 0% YES. Market reaction Bitcoin’s odds of hitting $82,000 by April 15 are at 0%, meaning traders expect no rally in the immediate term. The drop follows profit-taking and increased selling as Bitcoin approached $76K. With $146 needed to move the price by 5 percentage points, the market is thin and highly sensitive to large trades. Why it matters Bitcoin maintaining above $60,000 by April…

XRP Price Gains Strength, Is a Bigger Rally Brewing?

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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. 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…

Bitcoin Hitting Resistance After Rally to $76K: CryptoQuant

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Bitcoin deposits to crypto exchanges surged on Tuesday as it rallied above $76,000, suggesting it is hitting “near-term selling pressure” as investors move their coins into a position for sale, according to CryptoQuant. In a report on Wednesday, CryptoQuant said the size and rate of Bitcoin (BTC) inflows to exchanges have increased since the rally, with hourly inflows spiking to 11,000 BTC, the highest since December. CryptoQuant said it is a “historically reliable warning signal of near-term selling pressure, as holders move coins to exchanges in preparation for potential distribution…

Bitcoin Price Targets $75K Break, Is a New Rally Incoming?

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Bitcoin price started a fresh surge and cleared the $74,500 zone. BTC is consolidating and might aim for more gains above the $75,000 level. Bitcoin managed to stay above $73,500 and started a fresh increase. The price is trading above $74,000 and the 100 hourly simple moving average. There is a declining channel forming with resistance at $75,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $73,650 and $73,300 levels. Bitcoin Price Aims for Steady Gains…

ETH 2025 Fractal May Trigger 250% Rally To New Highs

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Ether bounced off multi-year support, while a bullish MACD crossover could signal that ETH is on the path to new highs. Ether (ETH) is currently displaying a technical pattern that follows a 2025 fractal, in which Ether gained 250%. The weekly timeframe chart shows Ether retesting an ascending trend line that has supported the price since 2022. A bullish cross from the moving average convergence divergence (MACD) indicator also confirmed the price bottom.  ETH/USD weekly chart. Source: Cointelegraph/TradingView Ether’s current price action is following a similar pattern, with the price…

Bitcoin And Altcoins Show Strength, But US Macro, Iran War Could Dent Rally

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Bitcoin (BTC) reclaimed the $72,000 level as bulls attempt to push the price closer to its multi-month range highs. While lower levels are attracting buyers, sustaining the higher levels might pose a challenge. Coin Bureau founder and market analyst Nic Puckrin told Cointelegraph that for BTC to reach $90,000, the geopolitical tensions must end, bringing oil prices to $80. Additionally, economic data must soften in order to calm investors’ fear that stagflation may hamper the US economy. Another cautious view came from CoinEx exchange chief analyst Jeff Ko, who told…

Bitcoin Rally Above Range Highs Continues To Stall: Here’s Why

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Establishing a strong Bitcoin (BTC) uptrend in 2026 remains a challenge, as exchange-traded fund (ETF) flows have shown limited growth since peaking above $60 billion in 2025. At the same time, inflows to the gold ETF also dropped by nearly 25% in Q1 and the lack of a capital rotation into BTC signals muted institutional demand. Bitcoin demand acceleration lacks pace A recent report from Ecoinometrics shows a clear shift in the demand and persistence of Bitcoin exchange-traded fund (ETF) flows. Before the October 2025 price peak for BTC, ETF…

Bitcoin Rally Accelerates As Investors Ignore Recession Risks

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Key takeaways: Bitcoin climbed to $72,000 as rising recession odds and a weak US dollar boosted the appeal of scarce financial assets. Rising oil prices and a wobbly truce with Iran threaten to reverse Bitcoin’s recent gains. Bitcoin (BTC) reclaimed the $72,000 level on Thursday despite data showing rising inflation and weak economic growth in the United States. Crude oil prices jumped back to $97 after senior Iranian leaders claimed that the US and Israel had violated the ceasefire. Traders now fear that risk markets could react negatively, potentially sending…