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Bitcoin Breakout Confirmed, But Is It Real Or A Bull Trap?
newsbtc64d ago

Bitcoin Breakout Confirmed, But Is It Real Or A Bull Trap?

Bitcoin has confirmed a breakout from its macro downtrend on the linear chart, signaling a potential shift in broader market structure. However, with the price now sitting at a key resistance zone on the logarithmic chart, uncertainty remains. The coming sessions will be crucial in determining whether this move develops into a sustained bullish trend or a potential bull trap. Macro Breakout Signals Possible End Of Bear Cycle Historically, Bitcoin bear markets conclude once the price begins to steadily climb above the macro downtrend on linear charts. Following yesterday’s daily close, Scient notes that we have officially confirmed a breakout from this primary trendline. This shift in market structure has prompted a strategic search for high-potential setups across various altcoins. Related Reading: Bitcoin Price Breaks Higher: What The Market Data Says Could Happen Next Despite the linear breakout, the question remains whether this move is a genuine trend reversal or a temporary deviation. While the linear chart shows a clear breach of resistance, the log chart tells a different story. Currently, the price is sitting exactly at a major resistance level on the logarithmic scale. The validity of this move depends heavily on how the price reacts to these overlapping levels in the coming sessions. If this move turns out to be a fakeout, the price will lose momentum quickly. In that case, Bitcoin would likely fall back below the linear resistance. To confirm true strength across both linear and log perspectives, the price needs to push into the mid-$80,000 region. Holding that level for several daily closes would effectively flip the macro structure from bearish to bullish, turning all subsequent price dips into high-conviction buying opportunities for long-term investors. The upcoming seven to ten days represent a pivotal window for Bitcoin’s medium-term trajectory and the broader market. This timeframe will determine if the current breakout can overcome the log resistance or if the market requires further consolidation. Bitcoin Nears $80,000 Target As Momentum Holds Steady According to Crypto Candy, Bitcoin is currently moving in alignment with previous projections, showing strong momentum as it nears the primary target of $80,000. The analyst notes that the asset has almost reached this milestone, and if the current buying pressure persists, the price is expected to enter the $80,000 zone shortly. Related Reading: Bitcoin Supply On Crypto Exchanges Drying Up As Accumulation Gains Steam While the upward trajectory is clear, potential short-term retracements before the final target is hit are likely. These minor pullbacks are considered natural market breathers and do not shift the broader bullish outlook. The current bullish bias remains intact as long as Bitcoin sustains its position above the $73,000 level. This price point serves as the definitive line in the sand for the current move. With this, the path toward $80,000 remains the most likely scenario for the immediate future. Featured image from Getty Images, chart from Tradingview.com

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Markets Are Broadcasting Clear Risk-On Sentiment Signals That Smart Investors Can’t Ignore
equity_insider64d ago

Markets Are Broadcasting Clear Risk-On Sentiment Signals That Smart Investors Can’t Ignore

Global financial markets are speaking a clear language right now, and savvy investors are listening intently to what they’re saying. The resurgence of risk-on sentiment across asset classes is painting a vivid picture of renewed investor confidence, with traditional safe havens losing their luster as capital flows toward growth opportunities and higher-yielding investments. When markets... The post Markets Are Broadcasting Clear Risk-On Sentiment Signals That Smart Investors Can’t Ignore appeared first on Equity Insider .

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AlphaPepe And 5 Others: The Only Best Crypto Presales You Need to Watch This April
crypto_reporter64d ago

AlphaPepe And 5 Others: The Only Best Crypto Presales You Need to Watch This April

April 2026 is not a typical month in the presale calendar. Several Q2 listing deadlines are closing in simultaneously, which means the fixed pricing that defines presale entries is running out of runway faster than most investors tracking these projects have accounted for. When tokens list, they list at market prices. The presale entry that [...] The post AlphaPepe And 5 Others: The Only Best Crypto Presales You Need to Watch This April appeared first on Crypto Reporter .

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google64d ago

Australia’s coalmine emissions are increasing. Is this how a major policy to cut climate pollution is meant to work? - The Guardian

Australia’s coalmine emissions are increasing. Is this how a major policy to cut climate pollution is meant to work? The Guardian Climate emitters opt for cheap offsets, few real cuts The Canberra Times Mining companies gorge on carbon credits under Labor climate scheme AFR Safeguard Mechanism bringing down carbon emissions, Clean Energy Regulator finds Region Canberra Most heavy emitters blow their carbon budgets, but Bowen sees “clear sign” Safeguard Mechanism ... Renew Economy

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