Gold vs US Dollar

Register for streaming realtime charts, analysis tools, and prices.

Get Started

BTCUSD Bitcoin

84,692.55

561.28 (0.67%)

04:53:56 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,679,395,279,029	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	561.28	0.67%	84,692.55	84,692.54	84,692.55

High Price	Low Price	Open Price	Prev. Close	52 Week Range
84,809.72	84,141.47	84,213.37	84,131.26	49,050.01 - 109,356.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	04:53:56	0.093748	84,692.55	USD

Price x Volume	Volume	Base Symbol	Related Pairs
84,844,521.31	1,003.96	BTC	BTCEUR	BTCGBP	ETHBTC

Bitcoin Price Climbs: Is This the Start of a Bigger Rally?

06/01/2025 5:53am

NEWSBTC

Bitcoin price is recovering losses above the $98,000 zone. BTC is gaining pace and might continue higher if it clears the $100,000 resistance zone. Bitcoin started a fresh recovery above the $97,500 zone. The price is trading above $97,800 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $97,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $97,500 support zone. Bitcoin Price Recovers Further Bitcoin price started a decent upward move above the $95,500 resistance zone. BTC was able to climb above the $96,200 and $97,000 resistance levels. The price was able to clear many hurdles near the $98,500 level. It even spiked above $99,500. A high was formed at $99.739 and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $97,250 swing low to the $99,793 high. There is also a connecting bullish trend line forming with support at $97,800 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $97,500 and the 100 hourly Simple moving average. The trend line is near the 76.4% Fib retracement level of the recent upward move from the $97,250 swing low to the $99,793 high. On the upside, immediate resistance is near the $99,800 level. The first key resistance is near the $100,000 level. A clear move above the $100,000 resistance might send the price higher. The next key resistance could be $102,500. A close above the $102,500 resistance might send the price further higher. In the stated case, the price could rise and test the $105,00 resistance level. Any more gains might send the price toward the $108,000 level. Another Drop In BTC? If Bitcoin fails to rise above the $100,000 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $98,500 level. The first major support is near the $97,800 level. The next support is now near the $96,550 zone. Any more losses might send the price toward the $95,000 support in the near term. 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 – $98,500, followed by $96,550. Major Resistance Levels – $99,800 and $100,000.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

1 Month Bitcoin Chart

1 Month Bitcoin Chart

Freegold Ventures (QX)

National Bank of Canada

Intesa Sanpaolo (PK)

Plus Therapeutics

Vanguard Tax Exempt Bond...

Telcom Italia (PK)

Mobiquity Technologies

Gentor Resources (PK)

Delayed Upgrade Clock

Support: +44 (0) 203 8794 460 | support@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions