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Bitcoin's 200-week moving average surpasses $60K, signaling strong long-term bullish momentum.

Market News
04 May 2026
Tokenpost
View Source
Bullish
pluang ai news

Bitcoin's 200-week moving average has risen above $60,000, reinforcing confidence in its long-term bullish trend. This key indicator, tracking nearly four years of weekly prices, has historically provided strong support during market downturns and signals structural strength. Bitcoin's price resilience near $80,000 and steady accumulation by long-term holders and institutions suggest sustained demand. The coming months will be critical to see if Bitcoin maintains momentum above this level amid growing institutional adoption and market interest.

More News (BTC)

Bitcoin options turn bullish ahead of July 8 Fed minutes, eyeing $63K breakout.

Bitcoin options turn bullish ahead of July 8 Fed minutes, eyeing $63K breakout.

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Bitcoin dips below $63K amid falling crypto trading volumes, signaling market caution.

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Market News
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5 hours ago
Trader Peter Brandt considers selling Bitcoin to buy gold amid a technical breakout in gold-to-Bitcoin ratio.

Trader Peter Brandt considers selling Bitcoin to buy gold amid a technical breakout in gold-to-Bitcoin ratio.

Veteran trader Peter Brandt is thinking about selling some of his Bitcoin holdings to invest in gold, based on a technical breakout in the gold-to-Bitcoin (XAU/BTC) ratio chart. This ratio measures how much Bitcoin one ounce of gold can buy, and Bran...

Market News
Neutral
7 hours ago
XRP and Bitcoin prices rise as softer US jobs data and CLARITY Act progress boost crypto market.

XRP and Bitcoin prices rise as softer US jobs data and CLARITY Act progress boost crypto market.

XRP and Bitcoin prices rallied this week, with Bitcoin briefly topping $63,000 and XRP gaining nearly 10%, driven by softer US jobs data easing inflation concerns and boosting risk appetite. The progress of the CLARITY Act, which aims to clarify cryp...

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