• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: The big exam of 120 million dollars in Bitcoin! This important threshold should be passed for the continuation of the rise
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Bitcoin and BTC > The big exam of 120 million dollars in Bitcoin! This important threshold should be passed for the continuation of the rise
Bitcoin and BTC

The big exam of 120 million dollars in Bitcoin! This important threshold should be passed for the continuation of the rise

vitalclick
Last updated: May 16, 2025 3:36 pm
1 week ago
Share
SHARE

Bitcoin $103,805.78 The last five weeks climbed from $ 75,000 to $ 106,000 with a 38 percent premium, but intensive sales orders at $ 105,000 will determine the short -term direction. Analysts, the so-called “stepped rise” in the model of the price first reached the summit with the vertical move and then breathed horizontally, thus both new supports formed and the buyer-selling balance is maintained. When we look at the order books, sales pressure of $ 104,800 and 70 million dollars at $ 105,000 draws attention. As soon as the sales blocks melt, the view that up acceleration can accelerate gains weight.

Stepped rise model strengthens the marketWall in 105 thousand dollars intensifies the sales pressure

Stepped rise model strengthens the market

The rise, which began at the bottom of $ 75,000 at the beginning of April, first watched horizontally on the $ 83,000-85,000 band. While market participants set their orders in this narrow range, the volume slowed down; New buyers also had the opportunity to collect power. The second climbing created a similar jam between the $ 92,000-96,000. Short breathing seen in each step both increased long -term support lines and offered the necessary liquidity for the realization of profit of the sellers.

As of May 10, the new balance point was between 101,000-105,000 dollars. Although the volume narrows from time to time, the liquidation positions keep the volatility alive. Market experts emphasizes that the price increases the volume again while the price is getting closer to the upper band and that large wallets are purchasing in decreases. This behavior points out that consolidation has a strong demand from the bottom. Technical indicators, especially the weekly RSI’ın still does not enter the extreme purchase zone, while the momentum is up to the highly prone pointed out.

Wall in 105 thousand dollars intensifies the sales pressure

Kyotaka.ai’s data scanning Binance, Coinbase, OKX and other large stock exchanges reveals a huge $ 120 million sales block stuck between $ 104,800-105,000. Most of the orders reflect the request of investors who have opened positions in previous steps. The sellers will slow down automatically when they reach automatic sale when they reach the minimum price they set, slowing down the price of the “wall” at the time of rise. The gradual decrease of this obstacle is seen as a key element to pave the way for the trend.

The expectation that the Federal Reserve will end the interest rate hike cycle on the macro front supports the global risk appetite. This optimism is also accompanied by corporate money flow entering Spot Bitcoin ETFs. The slope of the 100-day moving average on the technical indicators side is positive; OBV data shows that buyers are still dominant. Analysts say that with the digestion of recipients, more than 105,000 dollars of “empty spaces ve and the rally can be carried to fresh records. The sales wall is expected to be permanent; When the resistance is broken, the acceleration is possible to turn to 112,000 and then psychological 120,000 dollars.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

You Might Also Like

Analyst Warned: “If It Cannot Hold This Level As Support, BTC Will Fall Even More!”

Breaking News: This Is What We Feared Bitcoin Suddenly Crashed, What’s Happening With Cryptocurrencies?

A new page for 10 thousand and 21 thousand BTC targets! 10 million dollars from famous Bitcoin investor

Bitcoin said it will reach 137 thousand dollars on this date, so the reason?

Bull signs in Bitcoin option market! Crypto Money Market is preparing for a new wave!

TAGGED:BitcoinBTC
Share This Article
Facebook Twitter Email Print
Previous Article What’s next for Bitcoin, which holds over 100 thousand dollars? Pay attention to short -term investors
Next Article SUI Set to Explode, But Don’t Sleep on XRP and Other Altcoins
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?