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Bitcoin Coinbase remains positive for 11 days – can bulls maintain it?

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Bitcoin is now trading over the level of $ 94,000, indicating a strong momentum after a sharp recovery from its lowest level. The bulls are strongly pressed to restore the 95,000 dollar sign, a critical level that can indicate the continuation of the upward trend towards the highest new levels ever. However, despite the increasing optimism, the risks remain high as global trade conflicts and total economic certainty continued to influence the financial markets.

The conflict between the United States and China continues, and the creation of a fragile environment that can quickly affect investor morale. However, Bitcoin showed flexibility, its agreement from traditional markets in modern sessions and maintaining a strong price of prices even as stocks stumbling.

According to Cryptoquant data, a main bullish sign appears: The excellent Coinbase has remained positive for 265 consecutive hours. Historically, a positive installment reflects a strong purchase of investors in the United States, and often precedes large prices. This continuous trend indicates that institutional demand is still healthy, which supports the current step above.

Although short -term expectations are encouraging, Bitcoin must penetrate decisively $ 95,000 to confirm the next stage of the gathering. Until then, traders should remain cautious because fluctuation can return at any moment.

Bitcoin acquires strength, but caution is still with the continued global risks

Bitcoin has gained more than 28 % of the value since April 9, prompting optimism in the encryption market. After weeks of landing and fluctuation, the last BTC step over brands of $ 90,000 decisive indicates a significant shift in the feeling. The bulls are now in controlling the short term, and the momentum continues to build as Bitcoin tries to restore a higher ground and challenge all over time.

However, despite the bullish procedures for prices, the risks are still high. The dynamics of global trade continues to create instability, while the broader macroeconomic uncertainty still greatly weighs the investor’s confidence. Since US President Donald Trump’s victory in elections in November 2024, volatility dominated global financial markets, and encryption assets were not immune to these shocks.

Fear continues to continue even with the height of bitcoin. Many investors are still cautious, and watch the main levels closely to the scale if this gathering can really last. Analysts stress that any deterioration in commercial negotiations can lead to severe corrections.

Add a positive note, the best analyst Sharedunn shared visions on xAnd he revealed that the excellent gap (moving average for 30 hours) remained positive for 265 consecutive-11 days in a row. This represents the fifth purchase rays since ETF trading began, indicating that the strong demand for the United States continues to fuel the assembly.

Bitcoin Coinbase Gap | Source: Marton on X
Bitcoin Coinbase Gap | source: Maartunn on x

If Bitcoin maintains this momentum and recovered $ 95,000 soon, the path may open about $ 100,000. Until then, cautious optimism remains the dominant tone between investors.

BTC PRICE: Bulls Eye $ 100K, but you must defend key levels

Bitcoin is trading at $ 94,800 after spending several hours in flirting at a level of $ 95,000, which is a decisive short -term resistance area. The bulls have shown impressive strength since early April, but now the real test begins: it carries gains and pushing towards higher levels.

BTC trading less than 95 thousand dollars Source: BTCUSDT scheme on TradingView
BTC trading less than 95 thousand dollars source: BTCUSDT CHART on Tradingview

To confirm a constant crowd, BTC must keep firmly above $ 90,000 and move decisive towards recovering $ 100,000 in the coming days. The level of 90 thousand dollars has become a psychological and technical anchor for the bulls, and the defense of that will be important to keep the momentum. A clean break above 95 thousand dollars can open the door for a quick payment in an unknown area.

However, if Bitcoin fails to maintain support at 90 thousand dollars, it is likely to be a longer unification stage. Such a BTC trading stage can witness between 85 thousand dollars and 90 thousand dollars for several weeks, as the market is keen on modern gains and evaluating the wider total economic conditions.

Investors must remain cautious, as it is expected that the fluctuation will remain high amid continuous global tensions and uncertainty. The coming days will be a pivotal in determining whether this gathering can extend to a complete outbreak or kiosks in side unification.

Distinctive image from Dall-E, the tradingView graph

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