Solana

Bitcoin

<div class="code-block-grte code-block-grte-16" style="margin: 8px auto; text-align: center; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">Before you reading,<br><span style="color: #e67e22;">Don't miss coins like PEPE again! Click here to find new PEPEs!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<ul> 
 <li>Bitcoin is consolidating near a critical level that previously triggered major bull runs in 2017 and 2020.</li> 
 <li>The Pi Cycle Top indicator, a reliable Bitcoin market analysis tool, suggests a potential breakout is imminent.</li> 
 <li>“Once Bitcoin breaks the Pi Cycle moving average – all bets are off,” says popular analyst Jelle.</li> 
</ul> 
<p><strong>Get the latest insights on Bitcoin’s price action, the significance of the Pi Cycle Top metric, and expert predictions for potential price movements.</strong></p> 
<h2 id="strong-bitcoin-s-pi-cycle-top-signals-potential-breakout-strong"><strong>Bitcoin’s Pi Cycle Top Signals Potential Breakout</strong></h2> 
<p><a href="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/Bitcoin-vs-Previous-All-Time-Highs.jpeg?quality=58&amp;ssl=1"><img loading="lazy" decoding="async" class="alignnone size-full wp-image-137967" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/Bitcoin-vs-Previous-All-Time-Highs.jpeg?resize=696%2C365&amp;quality=58&amp;ssl=1" alt="Bitcoin vs Previous All Time Highs" width="696" height="365" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/Bitcoin-vs-Previous-All-Time-Highs.jpeg?w=1200&amp;quality=58&amp;ssl=1 1200w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/Bitcoin-vs-Previous-All-Time-Highs.jpeg?resize=300%2C157&amp;quality=58&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/Bitcoin-vs-Previous-All-Time-Highs.jpeg?resize=1024%2C537&amp;quality=58&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/Bitcoin-vs-Previous-All-Time-Highs.jpeg?resize=768%2C403&amp;quality=58&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/Bitcoin-vs-Previous-All-Time-Highs.jpeg?resize=150%2C79&amp;quality=58&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/Bitcoin-vs-Previous-All-Time-Highs.jpeg?resize=696%2C365&amp;quality=58&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/Bitcoin-vs-Previous-All-Time-Highs.jpeg?resize=1068%2C560&amp;quality=58&amp;ssl=1 1068w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></a></p> 
<p>Bitcoin (BTC) is exhibiting consolidation patterns that could precede a significant bullish breakout, according to the Pi Cycle Top indicator. This historically reliable metric has accurately signaled previous Bitcoin price surges.</p> 
<h3 id="strong-understanding-the-pi-cycle-top-strong"><strong>Understanding the Pi Cycle Top</strong></h3> 
<p>The Pi Cycle Top is a market analysis tool that uses two moving averages (the 111-day and the 350-day multiplied by 2) to identify potential macro tops in Bitcoin’s price trajectory. A crossover of the shorter-term 111-day moving average above the longer-term trendline often marks a significant bullish shift.</p>
<div class="code-block-grte code-block-grte-15" style="margin: 8px auto; text-align: center; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">TRUSTED BY COINOTAG,<br><span style="color: #e67e22;">Did you missed $MEME, $PEPE or Bitcoin? No worries! Click here to sign up chosen altcoin exchange!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<h3 id="strong-consolidation-phase-aligns-with-historical-patterns-strong"><strong>Consolidation Phase Aligns with Historical Patterns</strong></h3> 
<p>Bitcoin’s current consolidation near its all-time high of $69,000 mirrors similar patterns observed before the 2017 and 2020 bull runs. Analysts view this as a potentially healthy sign of market behavior around a key resistance level.</p>
<div class="code-block-grte code-block-grte-14" style="margin: 8px auto; text-align: center; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;"> AR' YA WINNING SON?<br><span style="color: #e67e22;">Don't miss Solana Tokens and BRC-20 Tokens! Click here to find new AI coins!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<h3 id="strong-expert-predictions-and-price-targets-strong"><strong>Expert Predictions and Price Targets</strong></h3> 
<p>Analysts like Jelle and Daan Crypto Trades are closely watching the Pi Cycle Top indicator. Jelle predicts a near-term BTC price target of over $80,000 if Bitcoin breaks above the current resistance level.</p> 
<h3 id="strong-conclusion-strong"><strong>Conclusion</strong></h3> 
<p>The confluence of Bitcoin’s current consolidation phase and the Pi Cycle Top indicator signals a potential for a major bullish move. While cryptocurrency markets remain inherently volatile, these technical indicators offer valuable insights for investors and traders alike.</p>

Bitcoin Nears Bullish Breakout – Pi Cycle Top Metric Hints at Potential Price Surge

قائمة المحتويات

CO NEWS

المزيد من المقالات نُشرت في ١٢ أبريل ٢٠٢٤

BItcoin ETFs See $91.27M Inflows; BTC Steady Above $70k

Ethereum’s Pectra Hard Fork: A New Chapter In Asset Recovery

SEC Takes a Loss in Lawsuit Against Govil, Ripple to Reap the Benefits

SUSHI Price Tumbles Over 12% Amid FTX and Alameda Moves

Bitcoin Nears $71K Breakout Point According to Pi Cycle Top Metric

Russia Bypassing Economic Sanctions By Using Tether’s USDT Stablecoin As Alternative Payment Source

انضم إلى مجلتنا الإخبارية المجانية لآخر تحديثات مجال العملات المشفرة يوميًا.