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BTCUSD Bitcoin

100,151.55

90.81 (0.09%)

07:48:44 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,978,265,370,628	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	90.81	0.09%	100,151.55	100,151.55	100,151.56

High Price	Low Price	Open Price	Prev. Close	52 Week Range
100,368.57	99,220.81	100,036.00	100,060.74	38,501.00 - 104,000.00

Exchange	Last Trade	Size	Trade Price	Currency
BSTP	07:48:46	0.021600	100,156.00	USD

Price x Volume	Volume	Base Symbol	Related Pairs
216,105,286.97	2,164.44	BTC	BTCEUR	BTCGBP	ETHBTC

Bitcoin Price Reclaims $100K: Is the Bull Run Back On?

12/12/2024 2:41am

NEWSBTC

Bitcoin price remained supported above the $95,500 zone. BTC is up over 5% and is now trading above the $100,00 resistance zone. Bitcoin started a fresh increase above the $97,500 zone. The price is trading above $98,800 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $97,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct some gains before it attempts to surpass the $102,000 resistance zone. Bitcoin Price Regains Strength Bitcoin price formed a base and started a fresh increase above the $98,000 zone. There was a move above the $98,800 and $99,200 levels. During the increase, there was a break above a key bearish trend line with resistance at $97,500 on the hourly chart of the BTC/USD pair. The pair even cleared the $100,000 level. A high was formed at $101,900 and the price is now consolidating gains. It is slowly moving lower toward the 23.6% Fib retracement level of the recent wave from the $94,314 swing low to the $101,900 high. Bitcoin price is now trading above $100,000 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $101,400 level. The first key resistance is near the $102,000 level. A clear move above the $102,000 resistance might send the price higher. The next key resistance could be $104,000. A close above the $104,000 resistance might send the price further higher. In the stated case, the price could rise and test the $105,000 resistance level. Any more gains might send the price toward the $108,000 level. Another Decline In BTC? If Bitcoin fails to rise above the $102,000 resistance zone, it could start another downside correction. Immediate support on the downside is near the $100,000 level. The first major support is near the $98,200 level or the 50% Fib retracement level of the recent wave from the $94,314 swing low to the $101,900 high. The next support is now near the $97,250 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 – $100,200, followed by $98,200. Major Resistance Levels – $102,000, and $104,000.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

1 Month Bitcoin Chart

1 Month Bitcoin Chart

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