Analysis News TheBitTimes.com

The Bitcoin price edged up 1% in the last 24 hours to trade at $99,215 as of 02:42 a.m. EST on trading volume that surged 12% to $113.7 billion. This comes after Bitcoin hit a new all-time high of $99,486, with technical indicators showing a possible continuation of the rally to cross the $100,000 mark. Despite the rally, MicroStrategy Inc shares (MSTR) tumbled 15% to $397 after Citron Research said that it’s betting against the software company because it is overvalued. Bitcoin Price To Sustain Its Current Upward Trend The Bitcoin price has been on a sustained uptrend, with higher lows and higher highs resembling the climbing of a mountain. According to data from GeckoTerminal , the support levels around $60,000 and $70,000 have allowed the price of Bitcoin to trend within the rising channel pattern. BTC now trades well above the 50-day and 200-day Simple Moving Averages (SMAs), supporting the bullish outlook of the price. The 50-day SMA crossed above the 200-day SMA around ...

Currently priced at $0.1622 after a 5% fall on the 24-hour chart, Dogecoin (DOGE) still has surged 50.10% over the past month and climbed 16.36% in the last week.  Over the past year, Dogecoin has outpaced Bitcoin and Ethereum with an impressive 129% gain, outperforming 69% of the top 100 crypto assets by market capitalization. DOGE 1-day price chart. Source: CoinMarketCap The meme coin’s bullish setup has become the talk of analysts and traders, fueled by strong technical indicators. Trading above its 200-day simple moving average—a key level that often signals sustained momentum—DOGE has shown resilience with 19 green days out of the past 30.  Picks for you Gold price prediction for 2025 19 hours ago Nexo announces a major rebran...