Bitcoin surged to nearly $93,000 on March 2, driven by President Trump’s endorsement of a strategic crypto reserve that includes Bitcoin, Ethereum, and other altcoins. The market experienced significant volatility, with BTC gaining 8% over the weekend, while XRP surpassed Ethereum in fully diluted value. Analysts noted that Bitcoin’s recovery from a recent low of $78,000 indicates a potential bullish trend, with a key price target set at $93,500 for further gains.
about Bitcoin Surges to 93000 as XRP Overtakes Ethereum in Market ValueRekt Capital
0 in Finance and 0 in Crypto last weekBitcoin Struggles Below Key Levels Amid Market Corrections and Hacks
Bitcoin has dropped below $95,000, hitting a one-week low of $93,800 amid market corrections and a significant hack at Bybit. Analysts suggest that BTC needs to reclaim and close above $96,700 to confirm its bullish trend and maintain support from its post-election range. Currently trading at $94,165, Bitcoin’s recent performance indicates a struggle to hold crucial levels for long-term trend continuation.
about Bitcoin Struggles Below Key Levels Amid Market Corrections and HacksAltcoin Season Begins as Trading Volume Surpasses Bitcoin on Centralised Exchanges
The altcoin season may have officially begun, as indicated by a significant surge in altcoin trading volume on Centralised Exchanges, surpassing Bitcoin’s volume by 2.71x. However, the CryptoQuant CEO cautions that not all altcoins will benefit from this rally, which is expected to be selective, favoring those with strong utility and community support. Additionally, a crypto analyst predicts a final market decline before a potential rise in the altcoin season index, with the altcoin market cap currently at $280.5 billion, showing signs of a bullish reversal.
about Altcoin Season Begins as Trading Volume Surpasses Bitcoin on Centralised ExchangesBitcoin Shows Signs of February Rally After Recent Recovery
Bitcoin has rebounded to the $100,000 zone after a recent dip, with analysts suggesting a potential rally in February, historically BTC’s second-best month. Following a strong recovery, Bitcoin is expected to continue its upward trend, with predictions of new highs in the coming weeks as it enters a critical phase of price discovery.
about Bitcoin Shows Signs of February Rally After Recent RecoveryBitcoin Faces Downward Pressure with Key Support Levels in Focus
Bitcoin faces bearish pressure, with critical trendline support at $99,158 acting as a potential buffer against further declines. Despite recent price drops, substantial capital inflows into Bitcoin spot ETFs, exceeding $40 billion, suggest ongoing investor interest, potentially leading to a price increase of $10,000 to $15,000. As Bitcoin maintains its dominance, analysts anticipate a future shift towards altcoins, signaling an upcoming altcoin season.
about Bitcoin Faces Downward Pressure with Key Support Levels in FocusBitcoin’s False Breakdowns May Signal Upcoming Price Surge
Bitcoin often experiences false breakdowns that test the conviction of traders before resuming its upward trend, according to analyst Rekt Capital. He notes that these dips serve as reaccumulation zones, with a potential breakout to new all-time highs if Bitcoin closes above $104,416. Currently, Bitcoin is trading at $99,019, having dropped over 5% in a day.
about Bitcoin's False Breakdowns May Signal Upcoming Price SurgeBitcoin poised for potential 20 percent rally during Chinese New Year
Bitcoin is poised for a potential 20% rally by the end of January, coinciding with the Chinese New Year, as historical trends show a strong bullish pattern during this period. Analysts project a price surge to $150,000, driven by China’s economic stress and increased trading activity. Additionally, macroeconomic factors, including a possible U.S. Bitcoin Strategic Reserve under a pro-crypto administration, could further bolster market sentiment.
about Bitcoin poised for potential 20 percent rally during Chinese New YearBitcoin Poised for Parabolic Phase but Faces Potential Severe Correction
Bitcoin is poised to enter a parabolic phase, according to analyst Rekt Capital, who anticipates a significant breakout following a recent correction. However, he cautions that a severe pullback may follow this rally, potentially deeper than the previous 17% decline, which could lead to retail investor capitulation. Despite this, he believes a third price discovery phase will emerge after the correction, indicating ongoing bullish momentum in the market cycle.
about Bitcoin Poised for Parabolic Phase but Faces Potential Severe CorrectionBitcoin May Reach New All-Time Highs After Breaking Key Resistance Level
An analyst known as Rekt Capital suggests that Bitcoin is nearing a breakout that could lead to new all-time highs, contingent on overcoming the $104,671 resistance level on the weekly chart. Currently trading at $103,621, Bitcoin is showing signs of exiting a corrective phase and entering a price discovery phase, characterized by a U-shaped reversal. A weekly close above the key resistance could signal a significant rally ahead.
about Bitcoin May Reach New All-Time Highs After Breaking Key Resistance LevelBitcoin Reaches New All Time High Amid Market Volatility and Predictions
Bitcoin has entered a second ‘Price Discovery Uptrend’ following a surge to a new all-time high of $109,588, driven by bullish market sentiment and recent developments in the crypto space. Analysts predict potential volatility influenced by comments from the new US President, with expectations of a breakout above the $106,000 resistance level. Despite a recent correction, the long-term outlook remains optimistic, with targets set as high as $140,000.
about Bitcoin Reaches New All Time High Amid Market Volatility and PredictionsBitcoin Faces Major Liquidations and Analyst Warns of Further Corrections
Bitcoin’s recent drop below $100,000 has led to $862.4 million in liquidations, primarily affecting long positions. Currently trading at $92,721, the asset is down 4.7% in 24 hours. Analyst Rekt Capital warns of further corrections before a potential bull market resurgence, predicting a bear market starting this year and lasting into 2026.
about Bitcoin Faces Major Liquidations and Analyst Warns of Further CorrectionsBitcoin Price Predictions and Market Trends for 2025 Bull Run
Bitcoin is currently experiencing a recovery, trading around $97,000 after a brief dip below key support levels. Analysts predict that the cryptocurrency will enter a bullish phase in 2025, with expectations of a peak this year before a significant bear market next year, potentially dropping 65% to 80%. The market’s performance in Q1 is anticipated to be positive, with a potential breakout above $98,000 signaling a run towards all-time highs.
about Bitcoin Price Predictions and Market Trends for 2025 Bull Run