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  3. Bitcoin price teases key support reclaims with weekly close above $70K

Η τιμή του Bitcoin δείχνει σημάδια ανάκαμψης, καθώς πλησιάζει σε σημαντικά επίπεδα στήριξης, με την εβδομαδιαία κίνηση να κλείνει πάνω από τα 70.000 δολάρια

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Το θέμα αυτό έχει διαγραφεί. Μόνο οι χρήστες με δικαιώματα διαχειριστή θεμάτων μπορούν να το δουν.
  • 라 Εκτός Σύνδεσης
    라 Εκτός Σύνδεσης
    라온
    wrote last edited by
    #1

    Bitcoin
    BTCUSD
    inched higher on Sunday as bulls sought to seal a weekly close above $70,000.

    Key points:

    Bitcoin eyes its highest daily close in over a week with a fresh weekend push above $70,000.

    Price offers a reclaim of a key support trend line on weekly time frames.

    Sell-side pressure at local highs is “steady profit-taking,” analysis says.

    BTC price attempts long-term support rescue

    Data from TradingView showed out-of-hours price action topping out just below the $72,000 mark before cooling.
    cointelegraph_df1197172094b-8406d370f24b7229519d7154f8a18100-resized.webp
    Now in line for its seventh consecutive green daily candle,
    BTCUSD
    eyed its highest daily close since March 4.

    Along with $70,000, price also stayed above key long-term levels: the 200-week exponential moving average (EMA) and the old 2021 all-time high at $68,300 and $69,400, respectively.
    cointelegraph_df1197172094b-cb381eaea0d9209cabb4ca765db857fd-resized.webp
    “The recent correction on Friday on Bitcoin was essentially just risk-off appetite to not be having positions going into the weekend. Nothing else,” crypto trader Michaël van de Poppe wrote in his latest X analysis.

    “Markets are turning back upwards again, probably we'll see a slight pullback later today for CME gap closing appetite, but other than that, I would assume we'll continue to grind upwards to the resistances at $75-80K.”
    cointelegraph_df1197172094b-d92bac9c96106afc5aef2188bf4b0506-resized.webp
    Van de Poppe correctly forecasted that the price would revisit Friday’s closing price of CME Group’s Bitcoin futures market at $71,325.

    At the time of writing,
    BTCUSD
    was still up by more than 8% on the week, with March gains at 6.7%.
    cointelegraph_df1197172094b-fce29ae45d08abd01551e637cece9898-resized.webp

    Geopolitical risk, meanwhile, remained at the forefront of trader discussions.

    WTI crude oil ended the week attempting to repass $100 per barrel, with the global oil supply shock still playing out.
    cointelegraph_df1197172094b-57f8efa58137cf5705b95f3c5b38e84f-resized.webp
    “If macro was calm, this sort of structure could easily turn into a relief rally. But with the current backdrop… downside risk still hasn’t really gone away,” crypto analysis host Kyle Doops commented on X last week.

    Doops identified a mid-term trading range for Bitcoin that was bordered by two key boundaries: the true market mean at $78,400, and the aggregate realized price of the current supply at $54,400.

    “Every time price pokes above $70K, sellers show up. Not panic selling… just steady profit-taking,” he summarized about lower time frames.
    cointelegraph_df1197172094b-2e392a0e3e471599331d8fd1a5d85842-resized.webp
    source: https://www.tradingview.com/news/cointelegraph:df1197172094b:0-bitcoin-price-teases-key-support-reclaims-with-weekly-close-above-70k/

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