• bitcoinBitcoin (BTC) $ 108,546.00
  • ethereumEthereum (ETH) $ 4,339.05
  • xrpXRP (XRP) $ 2.83
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 857.17
  • solanaSolana (SOL) $ 203.21
  • usd-coinUSDC (USDC) $ 0.999791
  • staked-etherLido Staked Ether (STETH) $ 4,328.65
  • dogecoinDogecoin (DOGE) $ 0.211901
  • tronTRON (TRX) $ 0.336348
  • cardanoCardano (ADA) $ 0.818508
  • wrapped-stethWrapped stETH (WSTETH) $ 5,239.59
  • chainlinkChainlink (LINK) $ 23.44
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,676.63
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,522.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • hyperliquidHyperliquid (HYPE) $ 44.55
  • wrapped-eethWrapped eETH (WEETH) $ 4,646.63
  • suiSui (SUI) $ 3.28
  • stellarStellar (XLM) $ 0.358434
  • bitcoin-cashBitcoin Cash (BCH) $ 534.76
  • avalanche-2Avalanche (AVAX) $ 23.42
  • hedera-hashgraphHedera (HBAR) $ 0.225718
  • wethWETH (WETH) $ 4,340.76
  • crypto-com-chainCronos (CRO) $ 0.272196
  • leo-tokenLEO Token (LEO) $ 9.44
  • litecoinLitecoin (LTC) $ 109.73
  • usdsUSDS (USDS) $ 0.999961
  • the-open-networkToncoin (TON) $ 3.06
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  • whitebitWhiteBIT Coin (WBT) $ 42.27
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,463.00
  • polkadotPolkadot (DOT) $ 3.76
  • uniswapUniswap (UNI) $ 9.53
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 4.52
  • moneroMonero (XMR) $ 258.66
  • aaveAave (AAVE) $ 311.36
  • daiDai (DAI) $ 0.999862
  • ethenaEthena (ENA) $ 0.644810
  • pepePepe (PEPE) $ 0.000010
  • mantleMantle (MNT) $ 1.12
  • okbOKB (OKB) $ 165.87
  • ethereum-classicEthereum Classic (ETC) $ 20.69
  • bittensorBittensor (TAO) $ 316.79
  • jito-staked-solJito Staked SOL (JITOSOL) $ 249.26
  • nearNEAR Protocol (NEAR) $ 2.41
  • aptosAptos (APT) $ 4.22
  • ondo-financeOndo (ONDO) $ 0.900379
  • pi-networkPi Network (PI) $ 0.354852
  • usdt0USDT0 (USDT0) $ 0.999448
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,344.44
  • internet-computerInternet Computer (ICP) $ 4.86
  • arbitrumArbitrum (ARB) $ 0.492491
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.239088
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 217.35
  • kaspaKaspa (KAS) $ 0.084209
  • cosmosCosmos Hub (ATOM) $ 4.49
  • vechainVeChain (VET) $ 0.024078
  • algorandAlgorand (ALGO) $ 0.234514
  • gatechain-tokenGate (GT) $ 17.03
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,947.43
  • fasttokenFasttoken (FTN) $ 4.53
  • susdssUSDS (SUSDS) $ 1.07
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.40
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,554.73
  • story-2Story (IP) $ 6.02
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.028817
  • worldcoin-wldWorldcoin (WLD) $ 0.899461
  • render-tokenRender (RENDER) $ 3.42
  • kucoin-sharesKuCoin (KCS) $ 13.82
  • sei-networkSei (SEI) $ 0.287398
  • bfusdBFUSD (BFUSD) $ 0.999240
  • official-trumpOfficial Trump (TRUMP) $ 8.27
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,564.01
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 44.60
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.615433
  • black-phoenixBlack Phoenix (BPX) $ 1.10
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,682.03
  • filecoinFilecoin (FIL) $ 2.26
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  • bonkBonk (BONK) $ 0.000020
  • flare-networksFlare (FLR) $ 0.021248
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,393.00
  • skySky (SKY) $ 0.063261
  • quant-networkQuant (QNT) $ 101.71
  • usdtbUSDtb (USDTB) $ 0.999859
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  • fourFour (FORM) $ 3.65
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,582.85
  • xdce-crowd-saleXDC Network (XDC) $ 0.075722
  • falcon-financeFalcon USD (USDF) $ 0.999997
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,652.67
  • tether-goldTether Gold (XAUT) $ 3,453.31
  • injective-protocolInjective (INJ) $ 12.89
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  • nexoNEXO (NEXO) $ 1.24
  • celestiaCelestia (TIA) $ 1.61
  • optimismOptimism (OP) $ 0.684238
  • pump-funPump.fun (PUMP) $ 0.003361
  • wbnbWrapped BNB (WBNB) $ 857.64
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 230.85
  • paypal-usdPayPal USD (PYUSD) $ 0.999743
  • pyth-networkPyth Network (PYTH) $ 0.202909
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996591
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,465.00
  • blockstackStacks (STX) $ 0.618162
  • lido-daoLido DAO (LDO) $ 1.22
  • curve-dao-tokenCurve DAO (CRV) $ 0.761139
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • aerodrome-financeAerodrome Finance (AERO) $ 1.13
  • sonic-3Sonic (S) $ 0.311588
  • spx6900SPX6900 (SPX) $ 1.07
  • immutable-xImmutable (IMX) $ 0.515625
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.12
  • pax-goldPAX Gold (PAXG) $ 3,451.71
  • super-oethSuper OETH (SUPEROETH) $ 4,335.96
  • raydiumRaydium (RAY) $ 3.56
  • msolMarinade Staked SOL (MSOL) $ 268.03
  • saros-financeSaros (SAROS) $ 0.353557
  • the-graphThe Graph (GRT) $ 0.087309
  • conflux-tokenConflux (CFX) $ 0.176233
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,657.00
  • flokiFLOKI (FLOKI) $ 0.000091
  • memecoreMemeCore (M) $ 0.515885
  • kaiaKaia (KAIA) $ 0.147493
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.48
  • clbtcclBTC (CLBTC) $ 109,694.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,319.72
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,195.91
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,343.88
  • pendlePendle (PENDLE) $ 4.67
  • dogwifcoindogwifhat (WIF) $ 0.780399
  • theta-tokenTheta Network (THETA) $ 0.774897
  • vaultaVaulta (A) $ 0.485179
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.14
  • tezosTezos (XTZ) $ 0.722999
  • iotaIOTA (IOTA) $ 0.190275
  • fartcoinFartcoin (FARTCOIN) $ 0.740130
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.13
  • jito-governance-tokenJito (JTO) $ 1.96
  • ousgOUSG (OUSG) $ 112.35
  • galaGALA (GALA) $ 0.015873
  • jasmycoinJasmyCoin (JASMY) $ 0.014255
  • ripple-usdRipple USD (RLUSD) $ 0.999807
  • newton-projectAB (AB) $ 0.009141
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998104
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • build-onBUILDon (B) $ 0.670418
  • zcashZcash (ZEC) $ 41.23
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  • morphoMorpho (MORPHO) $ 1.99
  • stader-ethxStader ETHx (ETHX) $ 4,559.07
  • loaded-lionsLoaded Lions (LION) $ 0.021149
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,656.82
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,339.89
  • bittorrentBitTorrent (BTT) $ 0.00000065
  • tbtctBTC (TBTC) $ 108,087.00
  • flowFlow (FLOW) $ 0.395094
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,769.55
  • usual-usdUsual USD (USD0) $ 0.998223
  • swethSwell Ethereum (SWETH) $ 4,695.94
  • beldexBeldex (BDX) $ 0.076132
  • global-dollarGlobal Dollar (USDG) $ 0.999692
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.212154
  • vision-3Vision (VSN) $ 0.166984
  • walrus-2Walrus (WAL) $ 0.382308
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,456.00
  • decentralandDecentraland (MANA) $ 0.280715
  • bitcoin-svBitcoin SV (BSV) $ 25.62
  • syrupMaple Finance (SYRUP) $ 0.454635
  • ether-fiEther.fi (ETHFI) $ 1.07
  • true-usdTrueUSD (TUSD) $ 0.996668
  • frax-etherFrax Ether (FRXETH) $ 4,297.48
  • starknetStarknet (STRK) $ 0.125931
  • heliumHelium (HNT) $ 2.56
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 108,222.00
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,338.78
  • neoNEO (NEO) $ 6.64
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  • based-brettBrett (BRETT) $ 0.046622
  • apenftAPENFT (NFT) $ 0.00000045
  • apecoinApeCoin (APE) $ 0.558796
  • usddUSDD (USDD) $ 0.999663
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 224.10
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007372
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999770
  • savings-daiSavings Dai (SDAI) $ 1.16
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  • coredaoorgCore (CORE) $ 0.425008
  • telcoinTelcoin (TEL) $ 0.004597
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999710
  • arweaveArweave (AR) $ 6.38
  • thorchainTHORChain (RUNE) $ 1.18

Bitcoin Price Prediction: Poised to Break Major Resistance, BTC Targets Levels Above $70K

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Bitcoin Price Prediction: Poised to Break Major Resistance, BTC Targets Levels Above $70K

Bitcoin is showing a new short-term bullish signal, as evidenced by a short squeeze and extremely negative funding rates. According to analyst Josh of Crypto World, as of now, bullish move appears to be unfolding.

He said that not much has changed over the last day. Bitcoin’s price remains between support at just above $53,000 and resistance around $68,000. This range still shows a bearish trend, with lower highs and lows. Major support zones include $56,000 to $57,000 and $51,000 to $53,000.

Here’s a breakdown of Bitcoin charts by the analyst:

Bitcoin is close to breaking above resistance levels between $60,000 and $61,000. Beyond this, there are further resistance points at $62.8k to $63k, and a significant level between $67,000 and $68.3k. A breakout above these levels could turn previous resistance into new support.

Bitcoin recently bounced from a support line, indicating a potential bullish move. Historically, such bounces have led to short-term relief in price. The coin is currently removing liquidity above $60,000. He said that one still need to watch liquidity around $61.9k to $62.1k.

Why Are Funding Rates Important Factor?

Funding rates are a critical aspect to consider. Currently, they are extremely negative, which means that most traders are shorting Bitcoin. Negative funding rates indicate a high demand for short positions and a low interest in long positions. This situation often leads to a scenario where the minority—those holding long positions—benefit, as negative funding rates require short sellers to pay fees to long holders. Negative funding rates suggest most traders are bearish, which could lead to upward pressure if short positions are liquidated.

Source

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