• bitcoinBitcoin (BTC) $ 108,885.00
  • ethereumEthereum (ETH) $ 2,551.06
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.27
  • bnbBNB (BNB) $ 661.72
  • solanaSolana (SOL) $ 151.94
  • usd-coinUSDC (USDC) $ 0.999870
  • tronTRON (TRX) $ 0.285716
  • dogecoinDogecoin (DOGE) $ 0.170707
  • staked-etherLido Staked Ether (STETH) $ 2,551.44
  • cardanoCardano (ADA) $ 0.585319
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,761.00
  • hyperliquidHyperliquid (HYPE) $ 39.69
  • wrapped-stethWrapped stETH (WSTETH) $ 3,076.92
  • suiSui (SUI) $ 2.91
  • bitcoin-cashBitcoin Cash (BCH) $ 497.49
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  • leo-tokenLEO Token (LEO) $ 9.03
  • avalanche-2Avalanche (AVAX) $ 18.24
  • stellarStellar (XLM) $ 0.247161
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  • the-open-networkToncoin (TON) $ 2.83
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  • wrapped-eethWrapped eETH (WEETH) $ 2,735.47
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  • wethWETH (WETH) $ 2,554.79
  • litecoinLitecoin (LTC) $ 87.82
  • whitebitWhiteBIT Coin (WBT) $ 45.02
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 319.57
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,786.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.42
  • polkadotPolkadot (DOT) $ 3.39
  • uniswapUniswap (UNI) $ 7.43
  • pepePepe (PEPE) $ 0.000010
  • aaveAave (AAVE) $ 278.69
  • daiDai (DAI) $ 0.999969
  • pi-networkPi Network (PI) $ 0.471102
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 328.28
  • okbOKB (OKB) $ 48.82
  • aptosAptos (APT) $ 4.47
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 184.50
  • nearNEAR Protocol (NEAR) $ 2.19
  • internet-computerInternet Computer (ICP) $ 4.85
  • ethereum-classicEthereum Classic (ETC) $ 16.68
  • crypto-com-chainCronos (CRO) $ 0.081382
  • ondo-financeOndo (ONDO) $ 0.798511
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 0.999960
  • kaspaKaspa (KAS) $ 0.077747
  • mantleMantle (MNT) $ 0.573467
  • fasttokenFasttoken (FTN) $ 4.44
  • cosmosCosmos Hub (ATOM) $ 4.09
  • gatechain-tokenGate (GT) $ 15.38
  • vechainVeChain (VET) $ 0.020858
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.686532
  • official-trumpOfficial Trump (TRUMP) $ 8.67
  • bonkBonk (BONK) $ 0.000022
  • render-tokenRender (RENDER) $ 3.24
  • skySky (SKY) $ 0.078308
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.184406
  • ethenaEthena (ENA) $ 0.261442
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,877.00
  • arbitrumArbitrum (ARB) $ 0.333971
  • filecoinFilecoin (FIL) $ 2.29
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,553.07
  • algorandAlgorand (ALGO) $ 0.177082
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.51
  • worldcoin-wldWorldcoin (WLD) $ 0.895064
  • sei-networkSei (SEI) $ 0.265787
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997842
  • usdtbUSDtb (USDTB) $ 0.999750
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.05
  • binance-staked-solBinance Staked SOL (BNSOL) $ 160.98
  • kucoin-sharesKuCoin (KCS) $ 11.05
  • usdt0USDT0 (USDT0) $ 0.999843
  • jupiter-exchange-solanaJupiter (JUP) $ 0.450477
  • nexoNEXO (NEXO) $ 1.23
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,677.43
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,909.55
  • fartcoinFartcoin (FARTCOIN) $ 1.20
  • spx6900SPX6900 (SPX) $ 1.28
  • flare-networksFlare (FLR) $ 0.016560
  • celestiaCelestia (TIA) $ 1.59
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999974
  • injective-protocolInjective (INJ) $ 10.71
  • xdce-crowd-saleXDC Network (XDC) $ 0.063360
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.56
  • blockstackStacks (STX) $ 0.661441
  • sonic-3Sonic (S) $ 0.311955
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015948
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999792
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,731.41
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,682.96
  • optimismOptimism (OP) $ 0.544423
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pax-goldPAX Gold (PAXG) $ 3,345.70
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,942.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,776.00
  • kaiaKaia (KAIA) $ 0.152312
  • dogwifcoindogwifhat (WIF) $ 0.887371
  • wbnbWrapped BNB (WBNB) $ 661.97
  • paypal-usdPayPal USD (PYUSD) $ 0.999696
  • story-2Story (IP) $ 3.03
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,684.68
  • clbtcclBTC (CLBTC) $ 109,515.00
  • the-graphThe Graph (GRT) $ 0.085190
  • tether-goldTether Gold (XAUT) $ 3,336.66
  • flokiFLOKI (FLOKI) $ 0.000084
  • immutable-xImmutable (IMX) $ 0.421998
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.27
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 170.33
  • vaultaVaulta (A) $ 0.484124
  • msolMarinade Staked SOL (MSOL) $ 198.58
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,758.23
  • ousgOUSG (OUSG) $ 111.69
  • theta-tokenTheta Network (THETA) $ 0.705248
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  • jito-governance-tokenJito (JTO) $ 1.99
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.73
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997663
  • lido-daoLido DAO (LDO) $ 0.739568
  • galaGALA (GALA) $ 0.014253
  • zcashZcash (ZEC) $ 39.55
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.74
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.67
  • iotaIOTA (IOTA) $ 0.158901
  • aerodrome-financeAerodrome Finance (AERO) $ 0.710538
  • saros-financeSaros (SAROS) $ 0.229648
  • the-sandboxThe Sandbox (SAND) $ 0.246036
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • jasmycoinJasmyCoin (JASMY) $ 0.012330
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 108,330.00
  • syrupMaple Finance (SYRUP) $ 0.553223
  • raydiumRaydium (RAY) $ 2.19
  • usual-usdUsual USD (USD0) $ 0.997978
  • tbtctBTC (TBTC) $ 108,488.00
  • walrus-2Walrus (WAL) $ 0.414843
  • super-oethSuper OETH (SUPEROETH) $ 2,548.17
  • pyth-networkPyth Network (PYTH) $ 0.099341
  • pendlePendle (PENDLE) $ 3.40
  • tezosTezos (XTZ) $ 0.530276
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,549.15
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,727.99
  • falcon-financeFalcon USD (USDF) $ 0.999946
  • newton-projectAB (AB) $ 0.008109
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,675.83
  • flowFlow (FLOW) $ 0.327848
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,988.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,554.74
  • decentralandDecentraland (MANA) $ 0.265882
  • coredaoorgCore (CORE) $ 0.503730
  • staked-hypeStaked HYPE (STHYPE) $ 39.68
  • true-usdTrueUSD (TUSD) $ 0.999470
  • apecoinApeCoin (APE) $ 0.613186
  • venomVenom (VENOM) $ 0.233105
  • ripple-usdRipple USD (RLUSD) $ 0.999964
  • bitcoin-svBitcoin SV (BSV) $ 24.36
  • chain-2Onyxcoin (XCN) $ 0.013989
  • thorchainTHORChain (RUNE) $ 1.34
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999836
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004635
  • based-brettBrett (BRETT) $ 0.044490
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  • dexeDeXe (DEXE) $ 7.57
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  • kavaKava (KAVA) $ 0.395090
  • usddUSDD (USDD) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007236
  • heliumHelium (HNT) $ 2.25
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  • mog-coinMog Coin (MOG) $ 0.000001
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  • stader-ethxStader ETHx (ETHX) $ 2,718.60
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  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999964

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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