Bitcoin is trading within a strong uptrend, supported by key technical indicators. The price has reclaimed the 200-day moving average, a critical long-term support, indicating a potential continuation of bullish momentum. A breakout above the $35,000 resistance zone would confirm a move towards $40,000-$42,000, aligning with Fibonacci extensions. The RSI remains in a healthy range, avoiding overbought conditions, suggesting room for further upside. Volume analysis indicates increased accumulation at current levels, strengthening the case for sustained growth.#BTC Stuck in Range, Can It Break $100K? #PPI & CPI Data Incoming, How Will the Market React? #AI Agent Tokens Bounce: Which Are You Bullish On? #BTC #Bitcoin

GT-0,86%
SOL-1,15%
SUI-2,43%
ETH-0,07%
BTC-1,12%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)