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Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details

Bitcoinist LogoBitcoinist20h ago

Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details - Bitcoinist

Quick Summary:

Bitcoin (BTC) could be mirroring a bullish setup from 2023, when it surged by more than 50% within weeks after an extended period of consolidation.

However, the flagship cryptocurrency now faces strong resistance from the Ichimoku Cloud, which could derail its upward trajectory.

However, BTC faces strong resistance around the $88,000 level due to the Ichimoku Cloud.

More Pictures

Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details - Bitcoinist (Picture 1)Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details - Bitcoinist (Picture 2)Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details - Bitcoinist (Picture 3)Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details - Bitcoinist (Picture 4)Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details - Bitcoinist (Picture 5)

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Article Details

Author / Journalist: Ash Tiwari

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 14:00:04 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 53 lines

Sentence Length: 8 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 27585277

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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: #105

Publisher Details

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The story "Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details" has 393 words across 53 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin Nears 50% Breakout, But ‘Ichimoku Cloud’ Presents Key Resistance – Details" was covered 20 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 12 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27585277
  • URL: https://beamstart.com/news/bitcoin-nears-50-breakout-but-17437755408975

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