Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Bitcoin Approaches Key Inflection Point Amid Growing Optimism – $95,000 In Sight?

Share This Post

As Bitcoin (BTC) continues to trade in the mid-$80,000 range, optimism on social media appears to be strengthening around the leading cryptocurrency. Crypto analysts suggest that BTC may be gearing up for its next move upward, with some eyeing a potential target of $95,000.

Bitcoin Sentiment Improves Despite Tariff Uncertainty

Macroeconomic uncertainty continues to brew amid rising tariff tensions. Still, BTC has remained relatively stable in an increasingly volatile global environment, hovering around the $84,000 mark over the past few days.

In a recent post on X, crypto market intelligence platform Santiment noted that social sentiment toward BTC is on the upswing. The platform shared the following chart illustrating how positive BTC-related news has outweighed negative coverage over the past week. The post stated:

Cryptocurrency markets are enjoying a mild rebound, and Bitcoin has been repeatedly crossing above & below $85K. Traders are showing optimism that $BTC can regain $90K, which will likely be dependent on tariff & global economy news as the week progresses.

santiment

Crypto analyst Titan of Crypto also noted that BTC is nearing an “inflection point” on the hourly chart. The analyst shared a chart showing Bitcoin consolidating within a symmetrical triangle pattern, and highlighted that BTC’s Relative Strength Index (RSI) remains above 50 – indicating potential momentum to break resistance.

titan

Meanwhile, well-known analyst Ali Martinez pointed out that the TD Sequential indicator is flashing a buy signal on the BTC weekly chart. Martinez added that a sustained close above $86,000 could pave the way for a rally toward $90,000 – or possibly even $95,000.

ali

Fear & Greed Index Still Shows Warning

Despite improving sentiment on social platforms, the Fear & Greed Index remains at 30 out of 100, signaling that many investors are still cautious about entering the crypto market. That said, several technical indicators continue to point toward a potential rally.

Notably, Bitcoin’s Moving Average Convergence Divergence (MACD) recently flashed a bullish crossover on the three-day chart – raising hopes for a push to new all-time highs in the medium term.

In addition, on-chain data reveals that whales – large, experienced BTC investors – haven’t reacted strongly to the tariff-related panic. This aligns with insights from crypto analyst CryptoGoos, who cautioned against overreacting to short-term volatility driven by trade war headlines.

However, not all analysts are bullish. CryptoQuant CEO Ki Young Ju recently stated that the BTC bull cycle might be over. At press time, BTC trades at $84,149, down 0.2% in the past 24 hours.

bitcoin

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Latam Insights: Milei Dissolves Libra’s Investigation, Colombian CBDC Comes out of Stealth

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week In this week’s edition, Argentine President Javier Milei dissolves the group

Ethereum Bullish Pattern Points To Immediate $3,000 Target – Details

The Ethereum market price rose by a net 316% in what proved to be another historic week for the crypto market as Bitcoin registered a new all-time high price Notably, the prominent altcoin has

Bitcoin And Ethereum Decoupling Reaches Historic Point — What This Means For Investors

It’s no secret that Ethereum’s performance has been tame compared to Bitcoin since the start of this cycle However, this trend became most apparent at the start of the year when

XRP price prediction: XRP Eyes $5.50 By Q4, But A “Next-Gen Rival” Could Outpace It With 1000% Gains

The post XRP price prediction: XRP Eyes $550 By Q4, But A “Next-Gen Rival” Could Outpace It With 1000% Gains appeared first on Coinpedia Fintech News XRP has shot into the limelight with many

Bitcoin At Crossroads After Trump Tariff Shock: Breakdown Towards $106K Or New ATH?

Bitcoin is grappling with intensified volatility following a sharp selloff triggered by US President Donald Trump’s abrupt announcement of a sweeping 50% tariff on all EU imports starting June 1

Buying Dogecoin (DOGE) At $0.25 or Buying Remittix (RTX) At $0.07 – Which Will Be the Bigger Payday?

The post Buying Dogecoin (DOGE) At $025 or Buying Remittix (RTX) At $007 – Which Will Be the Bigger Payday appeared first on Coinpedia Fintech News With crypto markets on the rise, investors are