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Bitcoin Surges Past $25K in Broad Crypto Rally.

1 min read
Source: CoinDesk
Bitcoin Surges Past $25K in Broad Crypto Rally.
Photo: CoinDesk
TL;DR

Bitcoin has broken through a major resistance level dating back to August 2022, reaching over $25,000 and setting its sights on the next technical hurdle above $28,000. The move has been attributed to Wall Street's tech-heavy Nasdaq index rising 2.6% on Thursday, confirming a bullish pattern on the daily chart. Markus Thielen, head of research and strategy at Matrixport, believes that Bitcoin now has the chance to climb to the next technical level.

Topics:businesscryptocurrency#bitcoin#bullish-pattern#cryptocurrency#nasdaq#resistance#technical-analysis
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  1. Bitcoin Breakout Has Put $28K in Cross Hairs  CoinDesk
  2. Is $30,000 the Next Stop for Bitcoin? Analyst Justin Bennett Updates Crypto Market Outlook – Here’s His...  The Daily Hodl
  3. Best of Bitcoin’s Latest Rally Is Over. Watch This Key Level for the Next Move.  Barron's
  4. First Mover Asia: Asia Pushes Bitcoin Past $25K  CoinDesk
  5. Bitcoin Near Highest Level Since June in Broad Crypto Rally  Bloomberg

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