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#santimentfeed đ§ Bitcoin's rise (now $87.1K) has been so rapid that traders are now speculating how quickly we see a $100K market value. Though this price was beyond comprehension just 2-3 months ago, the community has quickly changed its tune after a +70% surge since the August 5th crash. $BTC
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#Bitcoin shows a strong upward trend in the recent 15-minute chart, with the last recorded price at 88,728.0 $USDT, reflecting a 9.06% increase. The 24-hour high is 89,800.0 USDT, and the low is 80,467.0 USDT, indicating significant price movement within the day. The high trading volume (687,198.244 $BTC ) suggests active market interest, with considerable liquidity at 58.75 billion #USDT . The chart below shows consecutive green candles with some retracements, a positive indication that buyers are in control. The Moving Average (MA) indicators show an upward trend, with the 5-period MA at 4,284.6448 and the 10-period MA at 5,062.4040, suggesting sustained momentum. The prospect for Bitcoin appears bullish if it can break through the recent high and maintain above the 88,000 USDT level. However, traders should watch for potential resistance around 90,000 USDT, as it may trigger profit-taking or short-term corrections.
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Dogecoinâs Bull Market Outlook: New Highs or Lower ATH?
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#santimentfeed đ„ł The crypto community is celebrating Bitcoin's new all-time high, scraping $85K about 20 minutes ago. In the past year, whale & shark wallets with at least 10 $BTC have accumulated a total of 234.15K (now worth $19.76B). Cryptocurrency's ascension can largely be attributed to the continued confidence and accumulation from these large key stakeholders. However, the crowd's consistent FUD, capitulation, and inconsistent faith in crypto (allowing whales to buy cheap) has also contributed to this historic run. Currently, euphoria is high (though not nearly at the levels of mid-March when Bitcoin was in its previous all-time high cycle). Expect that prices can climb as long as whales continue buying more and the retail crowd keeps selling them their cheap coins during small dips.
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#ArkhamIntel The Royal Government of Bhutan now owns $1 Billion in Bitcoin. $BTC
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