Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 101238
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Moralis Money
Market Cap
24h Vol
13284
Cryptocurrencies
63.69%
Bitcoin Share
The Daily Hodl 2025-05-01 19:55:49

Bitcoin Primed for New All-Time High if BTC Breaks Above This Resistance Level, Says Crypto Trader

Bitcoin Primed for New All-Time High if BTC Breaks Above This Resistance Level, Says Crypto Trader

A widely followed crypto analyst says that Bitcoin ( BTC ) could skyrocket to a new all-time high if it can shoot above a key resistance level. In a new strategy session, crypto trader Ali Martinez tells his 136,500 followers on the social media platform X that the top crypto asset by market cap can break above $97,530, which could mean it’s on its way to a new all-time high price tag. “The key resistance level to watch for Bitcoin is $97,530. A breakout above it could open the door to new all-time highs.” Source: Ali Martinez/X According to Martinez, based on the MVRV (market value to realized value) metric – which gauges the market’s sentiment and valuation of a crypto asset – the flagship digital asset’s next stop would be $114,230 if it were to break $97,530, a new all-time best for BTC. The trader goes on to say that historically, when BTC’s MVRV crosses above its one-year simple moving average (SMA), it means that BTC is gearing up to make a move to the upside. “BTC momentum could shift bullish once the MVRV crosses above its one-year SMA. A golden cross that historically signals strong upside potential.” Source: Ali Martinez/X However, Martinez warns that Bitcoin could instead dip and go the other way, telling traders to keep an eye on key support levels of $93,198 and $83,443 if the asset’s momentum shifts. Bitcoin is trading for $97,031 at time of writing, a 3.3% increase during the last 24 hours. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bitcoin Primed for New All-Time High if BTC Breaks Above This Resistance Level, Says Crypto Trader appeared first on The Daily Hodl .

Most Read News

https://www.digistore24.com/redir/325658/ceobig/
Market Cap
24h Vol
63.69%
Bitcoin Share
743
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.