How High Can Bitcoin Go After Reclaiming $80K?

How High Can Bitcoin Go After Reclaiming $80K?

The post How High Can Bitcoin Go After Reclaiming $80K? appeared first on 24/7 Wall St.. Quick Read Bitcoin’s recovery from the $60,000 February bottom to the May 4 break above $80,000 was driven primarily by $2.44 billion in April spot ETF inflows—the strongest month in six months—plus Strategy’s $2.54 billion BTC purchase on April 22 and Trump’s Project Freedom announcement. BTC tested the 200-day moving average at $82,228 on May 6 but pull…

Bitcoin Surges Past $82K as Institutional Buying Fuels Momentum, Eyes $90K Next

Bitcoin surged past the $82,000 mark on Wednesday, hitting its highest level in over three months as improving global risk sentiment and reports of a potential U.S.–Iran peace framework boosted broader markets. The cryptocurrency climbed as high as $82,791, marking a strong continuation of its recent upward momentum. The rally comes amid reports that the […] The post Bitcoin Surges Past $82K as Institutional Buying Fuels Momentum, Eyes $90K Next…

Bitcoin Breaks Above $82K Barrier as Bullish Signal Suggests Next Push Toward $85K

Bitcoin has broken above $82,000, reaching its highest level since late January as a confluence of institutional demand, geopolitical relief, and forced short covering propelled the leading cryptocurrency through a resistance level that had capped every recovery attempt for months. The move pushed Bitcoin past its 200-day simple moving average near $83,000, a level traders have been watching as the technical dividing line between a bounce and a …

How High Can Bitcoin Price Go After Breaking $82,000 On US-Iran War?

The post How High Can Bitcoin Price Go After Breaking $82,000 On US-Iran War? appeared on BitcoinEthereumNews.com. Bitcoin price is trading near $82,300 today after breaking above the $82,000 resistance area, extending a five-day gain of more than 5%. The move placed BTC at its highest reported level since late January and pushed its market capitalization to about $1.64 trillion. The latest price action came as traders watched institutional infl…

Bitcoin price breaches $82K resistance, bullish crossover hints move to $85K next

Bitcoin price climbed above the key $82,000 resistance level on Wednesday as easing Middle East tensions, falling oil prices, and continued spot ETF inflows boosted risk appetite across the crypto market. According to data from crypto.news, Bitcoin (BTC) price surged…

Bitcoin Jumps to Three-Month High Above $82K on Report of US-Iran Agreement

Bitcoin's jumped as WTI crude fell 10%, on reports that the U.S. has prepared a on-page memorandum of understanding to end the war in Iran.