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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
  • US sanctions crypto wallet tied to ransomware, infostealer host
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs
  • Connecticut governor approves law prohibiting crypto use in government
  • Bitcoin analysts say market quickly absorbs selling, paving way for a bullish July

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