• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Bitcoin Reclaims Key Levels – New ATHs May Be Closer Than Expected

April 24, 2025
in Bitcoin
Reading Time: 5min read
0 0
A A
0
Bitcoin Reclaims Key Levels – New ATHs May Be Closer Than Expected
0
SHARES
9
VIEWS
ShareShareShareShareShare

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

Bitcoin is trading above the $90,000 mark and showing signs of renewed strength, even as global tensions and macroeconomic uncertainty continue to weigh on investor sentiment. After weeks of volatile swings and bearish pressure, the leading cryptocurrency appears to be stabilizing, and some analysts believe this could mark the beginning of a broader rally in the coming months.

Related Reading

Top crypto analyst Jelle shared insights accompanied by a price chart, highlighting a key technical development: Bitcoin has reclaimed the range lows and is holding them so far. This type of price action typically signals healthy consolidation and growing buyer confidence.

Despite ongoing trade war concerns and interest rate uncertainty, Bitcoin’s resilience is offering hope to investors. Holding the current range could set the stage for a push toward new all-time highs if momentum continues to build. While caution remains due to external risks, many see the current setup as a potentially bullish inflection point that could shape the next major leg up in the crypto market.

Bitcoin Reclaims Range Lows as Sentiment Turns Bullish

Bitcoin is now trading at critical levels after a sharp market impulse shifted sentiment nearly overnight. For months, BTC has been stuck in a downtrend that began in January, frustrating bulls and leading to calls for deeper corrections. But with the recent surge pushing BTC above $90,000, many analysts believe that this trend may have finally reversed.

However, caution still dominates the broader landscape. Global uncertainty, driven by escalating trade tensions between the US and China and unpredictable macroeconomic signals, continues to weigh on investor confidence. A single negative development—such as hawkish central bank policy or geopolitical instability—could shake the market back into risk-off mode.

Still, optimism is returning, particularly among technical analysts. Jelle shared an update highlighting that Bitcoin has reclaimed the range lows and is holding them. “Exactly what you wanna see if truly bullish,” he noted, emphasizing that a shallow pullback followed by strength typically precedes further continuation to the upside.

Bitcoin testing critical level | Source: Jelle on X
Bitcoin testing critical level | Source: Jelle on X

This scenario would suggest that the time for easy entries is behind us. If this momentum holds, Bitcoin could be on track to break new all-time highs sooner than many expect. The breakout has reignited hopes for a major bull run, but the next few days will be key in confirming whether this move is sustainable or just another short-lived rally.

Related Reading

BTC Holds Above $90K After Reclaiming Key Moving Averages

Bitcoin is trading at $92,500 after a strong move above the psychological $90K level, confirming bullish momentum in the short term. This breakout also marked a decisive close above the 4-hour 200 MA and EMA, both of which had acted as stiff resistance since January. Reclaiming these technical levels signals a potential shift in trend after months of selling pressure and sideways action.

BTC pushing up with strength | Source: BTCUSDT chart on TradingView
BTC pushing up with strength | Source: BTCUSDT chart on TradingView

With bulls now firmly in control, the focus shifts to the $100K mark—an area that not only carries psychological weight but also serves as the next key resistance in the rally. A push above this level would likely attract new buyers and confirm a broader breakout, setting the stage for a potential all-time high run.

Related Reading

However, caution is still warranted. If Bitcoin fails to maintain momentum and drops below $88,500, it could trigger a consolidation phase or even a larger correction. The $88.5K zone, now a key support, must hold to preserve the bullish structure. As Bitcoin hovers near these critical levels, the next move will likely define short-term direction for both BTC and the broader crypto market.

Featured image from Dall-E, chart from TradingView 

Credit: Source link

ShareTweetSendPinShare
Previous Post

Spot Bitcoin ETFs Go ‘Pac-Man’ Mode, Gobble Up $1.2 Billion In 1 Week

Next Post

Bullish Breakout Hints At Major Upside Ahead

Next Post

Bullish Breakout Hints At Major Upside Ahead

You might also like

XRP Price Prediction: Billionaire Elon Musk Reveals New “X Money” Payment Platform — Is XRP About to Be Added?

XRP Price Prediction: Billionaire Elon Musk Reveals New “X Money” Payment Platform — Is XRP About to Be Added?

March 5, 2026
BitGo Expands Crypto-as-a-Service Across Europe Under MiCAR Framework

BitGo Expands Crypto-as-a-Service Across Europe Under MiCAR Framework

March 4, 2026
Bitcoin To $11 Million By 2036? This Thesis Is Turning Heads

Bitcoin To $11 Million By 2036? This Thesis Is Turning Heads

March 3, 2026
Institutional Accumulation: US Bitcoin ETFs and MicroStrategy Drive $1.2B Demand Surge

Institutional Accumulation: US Bitcoin ETFs and MicroStrategy Drive $1.2B Demand Surge

March 4, 2026
Crypto Price Prediction Today 3 March – XRP, Solana, Dogecoin

Crypto Price Prediction Today 3 March – XRP, Solana, Dogecoin

March 3, 2026
XRP Price Prediction: Cardano Founder Says XRP Would Be a Security — Should Investors Be Worried?

XRP Price Prediction: Cardano Founder Says XRP Would Be a Security — Should Investors Be Worried?

March 3, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Altcoins Approach Historic Stress Levels as 38% of Tokens Near All-Time Lows

Altcoins Approach Historic Stress Levels as 38% of Tokens Near All-Time Lows

March 10, 2026
XRP Price Prediction: Whales Just Bought 210 Million Tokens – Is a Big Update Coming?

XRP Price Prediction: Whales Just Bought 210 Million Tokens – Is a Big Update Coming?

March 9, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.