Can the rise of Bitcoin (BTC) continue to the $115,000 zone?
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only.
U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.On the hourly chart, the price of BTC is trying to fix above the resistance of $113,841. If bulls can hold the gained initiative, the upward move is likely to continue to the $114,000 mark.On the bigger time frame, there are no reversal signals so far. If the growth continues to the resistance, there is a high chance to see a test of the $120,000 area soon.From the midterm point of view, the situation is less bullish. The rate of the main crypto is far from the key levels, which means traders are unlikely to see sharp moves.RIVER Gains 5x Following Binance Perp Listing, Supported by Time-Encoded Airdrop Conversion
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JP Morgan Set to Accept Bitcoin (BTC) and Ethereum (ETH) as Loan CollateralEric Balchunas has shared an important сrypto update revealing JPMorgan’s plans to allow the use of Bitcoin and Ether as collateral for loans.
Read more »
Bitcoin price compression will spark expansion: Will BTC explode toward $120K?Retail and institutional investors have been buying spot Bitcoin, and onchain data shows accumulation across all cohorts. Will BTC’s compression lead to upside expansion?
Read more »
Bitcoin Price Analysis: BTC Above $111,000 While Traders Await a BreakoutTraders are circling a range and waiting on a spark; see what today’s tape hints at — and what would finally break the stalemate.
Read more »
BTC, ETH and XRP Price Analysis for October 25Can Bitcoin (BTC) and Ethereum (ETH) keep up with the growth of XRP?
Read more »
Bitcoin Price Analysis: Path to New ATH Opens Up if BTC Reclaims This Key LevelBitcoin has been consolidating within a well-defined range, bounded by its 100 and 200-day moving averages. The asset has staged a mild recovery toward
Read more »
Bitcoin Price Analysis: Gold Rally Takes Breather in Boost for BTC BullsThe move comes as the BTC/gold ratio — a measure of Bitcoin’s relative value against the yellow metal — flashed its most oversold reading in nearly three years last week.
Read more »