• bitcoinBitcoin (BTC) $ 95,617.00
  • ethereumEthereum (ETH) $ 1,829.96
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.19
  • bnbBNB (BNB) $ 594.56
  • solanaSolana (SOL) $ 145.07
  • usd-coinUSDC (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.174135
  • cardanoCardano (ADA) $ 0.690212
  • tronTRON (TRX) $ 0.248142
  • staked-etherLido Staked Ether (STETH) $ 1,829.70
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 95,613.00
  • suiSui (SUI) $ 3.21
  • chainlinkChainlink (LINK) $ 14.02
  • avalanche-2Avalanche (AVAX) $ 20.08
  • leo-tokenLEO Token (LEO) $ 9.03
  • stellarStellar (XLM) $ 0.268129
  • usdsUSDS (USDS) $ 1.00
  • the-open-networkToncoin (TON) $ 3.09
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • wrapped-stethWrapped stETH (WSTETH) $ 2,198.56
  • hedera-hashgraphHedera (HBAR) $ 0.177779
  • bitcoin-cashBitcoin Cash (BCH) $ 358.11
  • hyperliquidHyperliquid (HYPE) $ 20.49
  • litecoinLitecoin (LTC) $ 85.88
  • polkadotPolkadot (DOT) $ 3.98
  • wethWETH (WETH) $ 1,830.18
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.36
  • moneroMonero (XMR) $ 271.76
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pi-networkPi Network (PI) $ 0.589369
  • whitebitWhiteBIT Coin (WBT) $ 28.65
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 95,630.00
  • wrapped-eethWrapped eETH (WEETH) $ 1,952.83
  • pepePepe (PEPE) $ 0.000008
  • daiDai (DAI) $ 0.999957
  • aptosAptos (APT) $ 5.12
  • susdssUSDS (SUSDS) $ 1.05
  • okbOKB (OKB) $ 51.25
  • bittensorBittensor (TAO) $ 347.52
  • uniswapUniswap (UNI) $ 5.03
  • nearNEAR Protocol (NEAR) $ 2.39
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ondo-financeOndo (ONDO) $ 0.865338
  • aaveAave (AAVE) $ 175.49
  • gatechain-tokenGate (GT) $ 21.57
  • ethereum-classicEthereum Classic (ETC) $ 16.31
  • tokenize-xchangeTokenize Xchange (TKX) $ 30.92
  • mantleMantle (MNT) $ 0.733148
  • internet-computerInternet Computer (ICP) $ 4.61
  • crypto-com-chainCronos (CRO) $ 0.087972
  • kaspaKaspa (KAS) $ 0.090396
  • render-tokenRender (RENDER) $ 4.44
  • vechainVeChain (VET) $ 0.025631
  • official-trumpOfficial Trump (TRUMP) $ 10.97
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.228588
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 95,474.00
  • cosmosCosmos Hub (ATOM) $ 4.15
  • fasttokenFasttoken (FTN) $ 4.29
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.687520
  • algorandAlgorand (ALGO) $ 0.203008
  • filecoinFilecoin (FIL) $ 2.62
  • sonic-3Sonic (prev. FTM) (S) $ 0.528933
  • ethenaEthena (ENA) $ 0.288752
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.08
  • arbitrumArbitrum (ARB) $ 0.316701
  • celestiaCelestia (TIA) $ 2.41
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 95,376.00
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998747
  • kucoin-sharesKuCoin (KCS) $ 10.71
  • nexoNEXO (NEXO) $ 1.27
  • makerMaker (MKR) $ 1,511.69
  • bonkBonk (BONK) $ 0.000016
  • worldcoin-wldWorldcoin (WLD) $ 0.940215
  • jupiter-exchange-solanaJupiter (JUP) $ 0.421011
  • blockstackStacks (STX) $ 0.784823
  • binance-staked-solBinance Staked SOL (BNSOL) $ 152.23
  • flare-networksFlare (FLR) $ 0.018627
  • xdce-crowd-saleXDC Network (XDC) $ 0.073455
  • optimismOptimism (OP) $ 0.677602
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,830.90
  • eosEOS (EOS) $ 0.715814
  • fartcoinFartcoin (FARTCOIN) $ 1.08
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.60
  • sei-networkSei (SEI) $ 0.205190
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,906.90
  • usdt0USDT0 (USDT0) $ 1.00
  • immutable-xImmutable (IMX) $ 0.557215
  • story-2Story (IP) $ 3.63
  • paypal-usdPayPal USD (PYUSD) $ 0.999462
  • injective-protocolInjective (INJ) $ 9.48
  • curve-dao-tokenCurve DAO (CRV) $ 0.691070
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • the-graphThe Graph (GRT) $ 0.090991
  • wbnbWrapped BNB (WBNB) $ 594.72
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,075.47
  • dexeDeXe (DEXE) $ 14.38
  • tether-goldTether Gold (XAUT) $ 3,253.98
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • pax-goldPAX Gold (PAXG) $ 3,252.78
  • raydiumRaydium (RAY) $ 2.64
  • jasmycoinJasmyCoin (JASMY) $ 0.015794
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,709.00
  • iotaIOTA (IOTA) $ 0.202871
  • msolMarinade Staked SOL (MSOL) $ 186.75
  • clbtcclBTC (CLBTC) $ 95,443.00
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 95,074.00
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 160.05
  • flokiFLOKI (FLOKI) $ 0.000076
  • lido-daoLido DAO (LDO) $ 0.812368
  • bitcoin-svBitcoin SV (BSV) $ 36.70
  • bittorrentBitTorrent (BTT) $ 0.00000073
  • theta-tokenTheta Network (THETA) $ 0.697900
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,949.83
  • heliumHelium (HNT) $ 3.77
  • walrus-2Walrus (WAL) $ 0.547626
  • the-sandboxThe Sandbox (SAND) $ 0.277592
  • galaGALA (GALA) $ 0.015313
  • coredaoorgCore (CORE) $ 0.673349
  • solayerSolayer (LAYER) $ 3.21
  • kaiaKaia (KAIA) $ 0.114664
  • usual-usdUsual USD (USD0) $ 0.997823
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997615
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.95
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.73
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009818
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • flowFlow (FLOW) $ 0.373121
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,915.09
  • chain-2Onyxcoin (XCN) $ 0.017142
  • tezosTezos (XTZ) $ 0.548582
  • dogwifcoindogwifhat (WIF) $ 0.559327
  • zcashZcash (ZEC) $ 34.66
  • based-brettBrett (BRETT) $ 0.055290
  • decentralandDecentraland (MANA) $ 0.293404
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 1.00
  • pendlePendle (PENDLE) $ 3.25
  • telcoinTelcoin (TEL) $ 0.005683
  • jito-governance-tokenJito (JTO) $ 1.59
  • pyth-networkPyth Network (PYTH) $ 0.141167
  • aerodrome-financeAerodrome Finance (AERO) $ 0.633790
  • ubtcuBTC (UBTC) $ 98,398.00
  • true-usdTrueUSD (TUSD) $ 0.998489
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008672
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,915.86
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 95,519.00
  • spx6900SPX6900 (SPX) $ 0.513237
  • beldexBeldex (BDX) $ 0.066690
  • arweaveArweave (AR) $ 7.23
  • deepDeepBook (DEEP) $ 0.186429
  • aioz-networkAIOZ Network (AIOZ) $ 0.397172
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • ousgOUSG (OUSG) $ 110.92
  • dydx-chaindYdX (DYDX) $ 0.595265
  • thorchainTHORChain (RUNE) $ 1.31
  • pumpbtcpumpBTC (PUMPBTC) $ 93,361.00
  • kavaKava (KAVA) $ 0.414773
  • movementMovement (MOVE) $ 0.178519
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.174263
  • tbtctBTC (TBTC) $ 95,420.00
  • elrond-erd-2MultiversX (EGLD) $ 15.62
  • ecasheCash (XEC) $ 0.000021
  • apenftAPENFT (NFT) $ 0.00000042
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,830.08
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • starknetStarknet (STRK) $ 0.130996
  • grassGrass (GRASS) $ 1.47
  • usdbUSDB (USDB) $ 0.999821
  • neoNEO (NEO) $ 5.72
  • mantra-daoMANTRA (OM) $ 0.414202
  • apecoinApeCoin (APE) $ 0.495015
  • super-oethSuper OETH (SUPEROETH) $ 1,830.05
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,947.91
  • axie-infinityAxie Infinity (AXS) $ 2.36
  • chilizChiliz (CHZ) $ 0.039528
  • beam-2Beam (BEAM) $ 0.007217
  • matic-networkPolygon (MATIC) $ 0.228464
  • conflux-tokenConflux (CFX) $ 0.072584
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,830.16
  • wormholeWormhole (W) $ 0.078501
  • olympusOlympus (OHM) $ 21.85
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,828.68
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 32.30
  • compound-governance-tokenCompound (COMP) $ 39.66
  • justJUST (JST) $ 0.035762
  • akash-networkAkash Network (AKT) $ 1.42
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998341
  • morphoMorpho (MORPHO) $ 1.32
  • sun-tokenSun Token (SUN) $ 0.018056
  • saros-financeSaros (SAROS) $ 0.132422
  • berachain-beraBerachain (BERA) $ 2.90
  • plumePlume (PLUME) $ 0.173090
  • popcatPopcat (POPCAT) $ 0.351550
  • roninRonin (RON) $ 0.538684
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 1,876.24
  • amp-tokenAmp (AMP) $ 0.003965
  • axelarAxelar (AXL) $ 0.353365

Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

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Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

Bitcoin maintains its bullish form from April as it gains by over 4% in the first two days of May to surge above $97,000. Following this recent gain, the premier cryptocurrency is experiencing a minor retracement as investors attempt to decipher the current market phase.

Meanwhile, a prominent crypto analyst with the X handle IT Tech has shared some valuable insights on Bitcoin’s market structure, highlighting the key price levels that could decide the asset’s movement in the short term.

Bitcoin Cools Off After Price Rally: Breather Or Bull Trap?

According to IT Tech in an X post on May 2, Bitcoin appears to be catching its breath following a price rally from $93,600 to above $97,000. As market traders await to see if this will be a mere cooling period before another upswing or the start of a deeper price correction, IT Tech has shared some helpful technical and on-chain insights on potential price targets.

The analyst states that the Bitcoin SuperTrend Indicator had printed a buy signal when prices hit $94,000, followed by a sell signal at $97,300. However, with market prices still above $94,000, the Bitcoin market structure and SuperTrend Indicator remain bullish.

Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

Meanwhile, liquidation data has also hinted at potential points for price volatility. Most notably, IT Tech states there are long liquidation zones between the $95,200 – $96,000 price region and another dense cluster of orders at the $93,600 – $94,000 price region. Both regions are expected to act as strong price supports in the case of an unexpected decline.

In determining Bitcoin’s next move, IT Tech says that market sentiment remains cautiously bullish as long as the $96,000 support level remains valid. This is because a decisive price fall below this level would trigger a liquidation cascade pushing prices back to $94,000. Meanwhile, another price breakout above $97,400 to allow Bitcoin to trade as high as $98,500.

What’s Next For Bitcoin?

At press time, Bitcoin trades at $96,463, reflecting a 1.64% gain in the past seven days. Meanwhile, the asset’s trading volume is down by 21.82% and valued at $26 billion.

As earlier stated, bullish sentiment continues to ravage the market as indicated by recent developments, including the surge in Bitcoin Spot ETF inflows. Meanwhile, the US’s willingness to negotiate a new trade deal with China may signify no further negative developments on international trade tariffs.

Amidst Bitcoin’s recent bullish stint, analysts continue to roll out bullish predictions with lofty price targets as high as $150,000.

Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

Featured image from Pexels, chart from Tradingview

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