Bitcoin Hidden Bullish Signal: Analyst Predicts Breakout After Holding Key Level

Quick Summary:

In a recent post on X, the analyst pointed to a key support zone that continues to hold firm, reinforcing the possibility of a bottom formation.  Notably, the analyst said the price action has “respected the long-standing blue support line”, originally established around the “Trump rally breakout.” Current structure suggests a “possible bottom formation near this zone, supported by volume and historical price behavior.” With volume backing the move and historical price behavior aligning, BTCEarth believes the current structure may mark the early signs of a bullish turnaround for Bitcoin.

In conclusion, BTCEarth highlighted that Bitcoin is stabilizing above a critical support zone, with the price structure suggesting a potential bottom formation.

If this structure holds, it could pave the way for a bullish reversal, especially as momentum and historical price behavior support a potential breakout from this area.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: United KingdomNigerNigeria

Topics: Bitcoin news Bitcoin price Btc BTCUSDT BTCEarth Bitcoin BTC news Donald Trump Bitcoin Btcusd Btc price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-13 @ 03:00:51 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 467 words

Reading Time: 3 minutes read

Sentences: 74 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 27822467

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #102

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