Bitcoin Price Skyrockets to $5,000: End of Bear Market in Sight?

Bitcoin Price Skyrockets to $5,000: End of Bear Market in Sight?
фото показано с : bitcoinist.com

2019-4-2 09:30

Bitcoin 00 just blasted off to $5,100 with an impressive 17 percent gain. Will the largest digital asset continue to leg up or surprise the world with the dreaded full retrace? 

Bitcoin Price: Market Overview

At last, Bitcoin (BTC) broke the malaise with gusto as it blasted far above the $4,200 resistance and reached a new yearly high at $4,800, at the time of writing.

As discussed yesterday, the largest digital asset was prepped for a strong and decisive move. While no man other than Merlin possesses a crystal ball, a combination of multiple indicators suggested that bulls had the upper hand.

4-HR Chart

Bitcoin 00 set a new higher high as it overcame $4,198. The fact that BTC sat above the 20MA of the most narrow Bollinger bands of 2019 also suggested that any high-volume breakout translates to sharper-than-normal price action.

Bitcoin posted its highest 24-hour volume since mid-February and, given the explosive nature of the breakout, a five-to-eight percent retrace is not off the table. Barring a catastrophe full retrace, we can expect Bitcoin to consolidate for a while — as the digital asset will need to overtake $5,700, followed by $6,500.

Bitcoin now rests above the 200-MA ($4,620) while the overall crypto market cap now sits at $160 billion.

BTC Weekly Chart

The weekly chart show Bitcoin breaking above its incremental weekly rise and posting the highest price gain since November 2018. At the time of writing, BTC gained 16.25 percent in less than 30 minutes. This is a developing story which will be updated with more detailed analysis as the situation develops. 

[Disclaimer: The views expressed in this article are not intended as investment advice. Market data is provided by Bitfinex. The charts for analysis are provided by TradingView.]

Trade Bitcoin, Litecoin and other cryptocurrencies on online Bitcoin forex broker platform evolve.markets.  

Images courtesy of Shutterstock, Trading View. Market data sourced from Coinbase.

The post Bitcoin Price Skyrockets to $5,000: End of Bear Market in Sight? appeared first on Bitcoinist.com.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 70778.04 (-0.03%)
Объем 24H $28.296b
Изменеия 24h: -0.96 %, 7d: 1.52 %
Cегодня L: $70603.44 - H: $71373.93
Капитализация $1416.638b Rank 1
Цена в час новости $ 4633.07 (1427.67%)

bitcoin price market digital largest asset sight

Источник: bitcoinist.com

bitcoin price → Результатов: 126


Фото:

Latest data shows retail Bitcoin wallets can no longer control short-term BTC price moves

Bitcoin’s Price Is Being Set Further Away From Bitcoin Holders Bitcoin spent the end of March in a range that looked calm on the surface and unusually crowded underneath. By Monday, Bitcoin's price was trading around $67,000 after a week that had already pulled in one of the year’s largest derivatives events and another round […] The post Latest data shows retail Bitcoin wallets can no longer control short-term BTC price moves appeared first on CryptoSlate.

2026-3-30 12:58


Фото:

Bitcoin Short-Term Holders Capitulate As 22K BTC Flow To Exchanges

The price of Bitcoin succumbed to bearish pressure and fell to around $65,500 on Friday, while the geopolitical tensions between the United States, Israel, and Iran seem to worsen. According to a recent on-chain evaluation, this latest price decline appears to have been triggered by a panic-driven sell-off among the market’s most sensitive investor group.

2026-3-29 03:00


Bitcoin Price News: BTC Downside Risk Grows While Pepeto Presale Hits $7.42M and Dogecoin and Solana Remain Shaky

Bitcoin mining difficulty just hit a new all time high as hash rate climbs despite the price correction, proving miners are betting on long term recovery even as short term holders panic. But the bitcoin price news right now tells a different story, because BTC failed to reclaim key resistance and the drop below $67,000 […] The post Bitcoin Price News: BTC Downside Risk Grows While Pepeto Presale Hits $7.

2026-3-2 19:00


Фото:

Bitcoin reveals a rare bullish cycle bottom signal before bouncing as futures bears tighten their grip

Bitcoin is flashing its most oversold signal on record amid its continued price struggles in this current macroeconomic environment and persistent exchange-traded fund (ETF) outflows. According to CryptoSlate data, BTC's price dipped to around $62,700 over the last 24 hours, while its weekly relative strength index (RSI) printed roughly 25.

2026-2-26 21:10


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin price forecast as traders bet on $80,000 next

Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit. BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures. Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks.

Bitcoin slips below $67k as ETF outflows curb risk appetite

Key takeaways BTC is down 2%, erasing the recovery earlier this week, US-listed spot ETF recorded an outflow of $173.73 million on Wednesday, breaking its two days of inflow this week. Bitcoin faces continued losses amid weaker institutional demand Bitcoin (BTC) prices continued to decline on Thursday, trading below $67,000, almost completely erasing the recovery […] The post Bitcoin slips below $67k as ETF outflows curb risk appetite appeared first on CoinJournal.

Bitcoin near $68K as fear spikes: Santiment sees buy signal

Bitcoin price hovers near $68,500 but saw intraday lows of $68,000. Analysts say a textbook buy signal is flashing. Bulls could target $75,000-$80,000 next. Bitcoin continues to face headwinds, with ongoing tensions in the Iran conflict and the macro outlook key.

Bitcoin retests $70K as veteran trader flags ‘ugly’ setup

Bitcoin traded to intraday lows of $70,500 amid key macro and geopolitical-related events. Veteran trader Peter Brandt has highlighted a potential bearish retest of support. The Iran war and inflation concerns tick potential negative catalysts boxes.