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Bitcoin in 'critical zone' as triple breakout meets $93.5K support battle

cryptoweekly by cryptoweekly
April 29, 2025
in bitcoin, News
0

Bitcoin is attempting to flip ever more important resistance levels to support again, but bulls are not done yet with the 2025 yearly open a key battleground.

Key points:

Bitcoin has beaten out three key resistance levels in a single weekly candle.

The weekly close defended the 2025 yearly open, but a subsequent dip below it is making analysis question the strength of the BTC price breakout.

Read more

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Recent Posts
  • Block joins S&P 500, bringing more Bitcoin exposure to equity index
  • Fate of crypto, CBDC bills unclear as US Congress heads into recess
  • Senate Ag Committee set to release a draft in September to explain the CFTC’s role in regulating crypto
  • MoonPay launches Solana staking as investor demand for onchain yield grows
  • Trump's AI plan eases data center rules, strips federal DEI guidelines
  • XRP threatens drop to $3: Will bulls step in to buy the dip?
  • WisdomTree’s USDW stablecoin to pay dividends on tokenized assets

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