Bitcoin (BTC) extended its gains on Wednesday as its strong start to the week continues. The flagship cryptocurrency has surged over 9% in two days and continues to push higher, setting its sights on a move to $100,000.
Bitcoin (BTC) began Monday on a bullish note as it surged past $87,000, breaking out of a week-long consolidation phase between $82,000 and $86,000. The flagship cryptocurrency is up over 2% after the Dollar fell thanks to a perceived threat to the Federal Reserve’s independence after President Donald Trump’s comments on Fed Chair Jerome Powell.
Bitcoin (BTC) has rallied during the ongoing session, up over 2%, as it looks to reclaim $90,000. Bullish sentiment around the flagship cryptocurrency has registered a notable increase this week after breaking past $87,000 on Monday.
Bitcoin’s (BTC) price action remained muted as the flagship cryptocurrency registered a marginal decline, slipping below $85,000. Bitcoin whales are accumulating BTC at 3x of the daily mined supply. However, this has not led to a price breakout, with BTC facing multiple rejections around the $86,000 level.
Bitcoin (BTC) registered a marginal increase to move past $85,000. The flagship cryptocurrency has been locked in a narrow sideways range all week. Volatility has dried up and price action remains muted.
Bitcoin (BTC) registered a marginal decline and is trading just under $85,000 as it tests a key resistance level after recovering from a decline that saw the price drop to a low of $74,393 last week. The flagship cryptocurrency is trading within a narrow range, indicating that its price structure is stabilizing.
Bitcoin (BTC) is struggling to reclaim $80,000 after markets registered a substantial drop on Wednesday after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to President Trump’s tariff strategies. However, while the flagship cryptocurrency’s momentum has waned, it has shown considerable resilience to maintain its position above $80,000.
Bitcoin (BTC) registered a sharp decline late on Tuesday as market sentiment turned sour after the US banned the company’s H20 chip sales to China, impacting both the equity and crypto markets. As a result, the flagship cryptocurrency dropped from a high of $86,512 to settle at $83,701.
Bitcoin (BTC) has continued its ascent past $85,000, with the price up 1.10% and trading around $85,585. The flagship cryptocurrency’s price action has remained relatively muted this week as it recovers after a substantial drop on Sunday.
Bitcoin (BTC) has made a strong start to the week, with the price up almost 2% as bulls look to move past $85,000 and eye a potential climb to $90,000. Analysts believe the flagship cryptocurrency is readying for a technical breakout from its multi-month downtrend.
Subarna is a graduate of Mechanical Engineering. She loves cats, art, and crypto - in that order. She is a passionate writer and a voracious reader.
