1 days ago

Bitcoin Price Eyes Bullish Continuation—Is $90K Within Reach?

Bitcoin price started a fresh increase above the $83,500 zone. BTC is now consolidating gains and might attempt to clear the $85,500 resistance. Bitcoin started a fresh increase above the $83,500 zone. The price is trading above $83,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $84,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it clears the $85,500 zone. Bitcoin Price Eyes More Gains Bitcoin price started a fresh increase above the $82,500 zone. BTC formed a base and gained pace for a move above the $83,000 and $83,500 resistance levels. The bulls pumped the price above the $84,500 resistance. A high was formed at $85,850 and the price recently started a downside correction. There was a move below the $84,000 support. The price dipped below the 23.6% Fib retracement level of the upward move from the $78,600 swing low to the $85,850 high. However, the bulls were active near the $83,000 zone and the price recovered losses . Bitcoin price is now trading above $83,500 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support at $84,200 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $85,000 level. The first key resistance is near the $85,500 level. The next key resistance could be $86,200. A close above the $86,200 resistance might send the price further higher. In the stated case, the price could rise and test the $87,500 resistance level. Any more gains might send the price toward the $88,000 level. Another Rejection In BTC? If Bitcoin fails to rise above the $85,500 resistance zone, it could start another decline. Immediate support on the downside is near the $84,200 level and the trend line. The first major support is near the $83,200 level. The next support is now near the $82,200 zone and the 50% Fib retracement level of the upward move from the $78,600 swing low to the $85,850 high. Any more losses might send the price toward the $81,500 support in the near term. The main support sits at $80,800. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $84,200, followed by $83,500. Major Resistance Levels – $85,500 and $85,850.

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

MAGACOINFINANCE, ETH, and BTC Look Like April’s Hidden Trio

This April, while crypto headlines recycle the usual top movers, a powerful trio is quietly making waves under the surface: MAGACOINFINANCE , Ethereum (ETH) , and Bitcoin (BTC) . They may not all be trending simultaneously, but together, they represent three different angles of strength—legacy, infrastructure, and stealth momentum. Meanwhile, utility-based projects like Cardano (ADA) , Chainlink (LINK) , and Avalanche (AVAX) remain reliable forces, supporting the backbone of blockchain activity. STAGE 7 LIVE NOW — TIME IS RUNNING OUT MAGACOINFINANCE – The Stealth Move Before the Surge Sometimes the loudest projects crash first—and the quiet ones rise hardest. MAGACOINFINANCE is proving that theory right now. At a current price of $0.0002908 , with a listing target of $0.007 , this altcoin has a built-in 25x ROI window that early adopters are quietly capitalizing on. The FOMO isn’t on the surface yet—it’s brewing behind the scenes. Wallet creation is rising. Private chats are dissecting the tokenomics. And X (Twitter) circles are starting to pay close attention to its volume spike. For seasoned traders, this is the phase where positioning early can pay off exponentially later. If you wait until it’s trending—you’re already too late. The move is happening now. MAGACOIN FINANCE UNDER $0.0004 — 100x COMING! MAGA50X Bonus Still Available For a limited time, buyers can activate the MAGA50X promo to receive a 50% bonus in token allocation. As interest ramps up, this advantage won’t last long. ADA, LINK, and AVAX Continue Driving Network Strength Cardano (ADA) at $0.64 is expanding its smart contract tools Chainlink (LINK) at $12.05 remains a data oracle standard Avalanche (AVAX) at $19.20 supports multichain scaling 50% BONUS TOKEN OFFER — ENDS SOON! USE MAGA50X Conclusion While BTC and ETH continue to earn long-term trust and ADA , LINK , and AVAX strengthen blockchain infrastructure, it’s MAGACOINFINANCE that’s quietly generating April’s real excitement—without the noise. Those watching closely know this window won’t stay open for long. Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: MAGACOINFINANCE, ETH, and BTC Look Like April’s Hidden Trio NewsBTC

Coinbase Warns of a New Crypto Winter as Market Concerns Grow

The crypto market may be entering a new period of long-lasting decline, known as a “crypto winter.” According to Coinbase Institutional, several signs suggest that the market is weakening. Falling prices, reduced investment, and growing global uncertainty point to a major market downturn. Altcoin Market Drops Sharply David Duong, Head of Research at Coinbase Institutional, shared a report on Tuesday showing how much the crypto market has fallen. The total crypto market cap, excluding Bitcoin (BTC), has dropped to $950 billion. This is a 41% fall from its $1.6 trillion peak in December 2024 and 17% lower than it was at the same time last year. Duong pointed out that this drop is even worse than most of the decline between August 2021 and April 2022. While altcoins have dropped significantly, Bitcoin has only fallen by less than 20%. This means the leading cryptocurrency is now more stable than most others. Duong also said venture capital investment in crypto increased slightly in the first quarter of 2025. However, it is still 50% to 60% lower than in 2021 and 2022. This drop in funding is a problem, especially for smaller altcoins. With less investment funding, starting new projects and growing the crypto industry is harder. Coinbase on Impact of Price Swings A 20% rise or fall in the stock market often signals a new trend. However, crypto prices can move more than 20% without real change. Duong said looking at other signs to understand the market is better. He suggested using tools like risk-adjusted performance and the 200-day moving average. He explained that the 200-day moving average (200DMA) is useful for spotting market trends. If prices stay above the 200DMA, the market is strong. If prices stay below it, the market may be weak. Tariff Fears Add More Pressure It was pointed out that crypto prices are falling partly because of worries about global trade policies . President Donald Trump recently talked about adding new tariffs. This made many investors nervous. These global issues, higher interest rates, and falling stock prices are making it harder for people to invest in risky assets like crypto. Even though the market is weak, Duong believes there could be a turnaround later in the year. He said prices may find support around the middle or end of the second quarter of 2025. If investor confidence improves, crypto could begin to recover in the third quarter. However, Duong also said that investors should be careful for now. The market is still facing many risks, and recovery may take time. Nevertheless, once market sentiment improves, recovery can happen quickly. Experts believe Coinbase is poised to benefit from crypto recovery . The post Coinbase Warns of a New Crypto Winter as Market Concerns Grow appeared first on TheCoinrise.com . NewsBTC