Monday, July 14, 2025

Bitcoin price hits $34K as trader forecasts fresh weekend resistance showdown

Bitcoin (BTC) touched $34,000 on July 24 after the latest resistance flip held to propel the market higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin battles $34,000Data from Cryptox Markets Pro and TradingView showed BTC/USD just hitting the $34,000 on Bitstamp on Saturday before returning to linger around $200 lower.The past 24

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Bitcoin price hints at ‘megaphone’ bottom pattern, and a breakout toward $40K

Bitcoin's (BTC) latest rebound from below $30,000 has increased its prospects of extending its retracement move higher, at least according to one classic technical pattern.Dubbed as Broadening Formation, the megaphone-shaped pattern appears when the price moves inside two diverging trendlines. Investopedia states that a broadening formation represents disagreement over the

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