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Bitcoin Gains Momentum, Approaching The $100,000 Benchmark With Strong Support

NewsBTC LogoNewsBTC1d ago

Bitcoin Gains Momentum, Approaching The $100,000 Benchmark With Strong Support - NewsBTC

Quick Summary:

Related Reading: Bitcoin Set For Encounter With Key $99,900 Price Level – Analyst However, should BTC fail to surpass the $100,000 resistance level, it may face increased selling pressure and a possible pullback to its previous low of  $93,257, where bullish momentum can be reignited.

As Bitcoin pushes higher, strong support levels have allowed it to maintain its bullish trajectory, with each price surge being met with healthy buying interest Technical indicators also point to continued upside potential.

Bitcoin is capturing global attention as its price surges toward the monumental $100,000 mark, a level that holds psychological and technical significance in the cryptocurrency market.


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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 13:30:30 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 408 words

Reading Time: 3 minutes read

Sentences: 69 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 24918106

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

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  • News ID: #24918106
  • URL: https://beamstart.com/news/bitcoin-gains-momentum-approaching-the-17361788411

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