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Bitcoin price on verge of breaking 10-week downtrend — Is $90K BTC next?
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The 1st 124 people will be able to claim, go quickly and Claim $BTC 👇 👉 Claim BTC 👈 #LetsGrowTogether BPWFKJBY6B
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BREAKING NEWS
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$USDC Bitcoin price on verge of breaking 10-week downtrend — Is $90K BTC next? Bitcoin’s (BTC) price is off to a swift start in Q2, rallying by 5.53% to an intraday high of $87,333 on April 2. Currently, Bitcoin is emerging from a ten-week downtrend that began on Jan. 20 when the price peaked at $110,000. A decisive close above the trendline might lead to continued bullish momentum for Bitcoin in the coming days. Bitcoin 1-day chart. Source: Cointelegraph/TradingView Bitcoin spot traders drive the rally Throughout March, spot traders on Binance and Coinbase held opposite stances in the market. Binance traders were aggressive BTC sellers, while Coinbase showed significant spot bids around the $80,000 price level. This dynamic contributed to the sideways price action during the majority of March. Fast forward to April, and spot traders on major exchanges have collectively turned bullish over the past three days. Binance, Coinbase spot buyers data. Source: Aggr.trade Data from aggr.trade highlights that Coinbase and Binance spot bids are driving positive action for BTC. The buying pressure is particularly high on Coinbase, with spot bids increasing as high as $7.98 million over the past few hours. Likewise, Dom, a crypto markets analyst, pointed out that Bitcoin’s current rally is possibly due to Binance sellers tapering off. The analyst said, “BTC has been able to breathe ever since the Binance selling tapered off. We are even seeing some spot buying from them for the first time in over a week.” Related: Bitcoin breaks $86K as US tariff 'Liberation Day' risks 11% BTC price dip Bitcoin flips key resistance at $84K to $85K From a technical perspective, Bitcoin has flipped an important resistance range between $84,000 and $85,000 into support. Likewise, the cryptocurrency has attained a bullish position above the 50-day, 100-day and 200-day exponentially moving averages (EMAs). Bitcoin 4-hour chart. Source: Cointelegraph/TradingView
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Blum's airdrop min criteria and our roadmap for Q2-Q3 2025 are here! 🌸 You’ll be eligible for the Blum airdrop if you have: 🔹 Min 100K BP (Blum Points) 🔹 Min 750 MP (Meme Points) OR PoA (Proof of Activity) completed 🔹 Min 2 Referrals And here comes Blum Roadmap for Q2-Q3 this year! 🌍✨ In it, we’ve got what new features you can expect in Blum products: AI-powered tools, seamless fiat-on-ramp integration, multi-chain expansion, and more! Check them all in the pic! 📸👆 Pro tip: Snapshot hasn't been taken yet, so there's still time to level up your accounts. Also, little extra attention to Blum MPs might be helpful 😉💡 #BLUM #LISTING #BSCUserExperiences
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