Technical Analysis | ForkLog

ForkLog 15 07.07.2025

Bitcoin’s Long-Term Resistance Levels Identified at $115,000 and $223,000

As Bitcoin trades above $100,000, market optimism remains buoyant. Analyst Omkar Godbole from CoinDesk suggests that potential resistance levels during the “bullish” phase are approximately between $140,000 and $200,000.

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ForkLog 28 26.06.2025

A break above $109,000 would confirm bitcoin’s ‘bull flag’. Technicals and market outlook

Technical analysts point to patterns implying bitcoin could top $120,000 as soon as this summer. Experts surveyed by ForkLog described the crypto market’s current state and outlined prospects. A “bull flag” is forming on bitcoin’s chart, pointing to a potential rise to $140,000 and beyond, said CoinDesk technical analyst CoinDesk Omkar Godbole. A “bull flag” […]

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ForkLog 9 19.06.2025

Bitcoin Indicator Suggests Potential Surge to $130,000

Despite the consolidation of the leading cryptocurrency, its on-balance volume indicator (OBV) suggests a rise to $130,000-$135,000 in the third quarter. Analyst Cas Abbe highlighted this potential. Source: X. An increase in OBV indicates buyer pressure, while a decrease suggests seller dominance. If the indicator continues to rise, Bitcoin will break out of the $103,000-$111,000 […]

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ForkLog 36 03.06.2025

CryptoQuant Identifies Bitcoin Correction Target

The price of the leading cryptocurrency is set to return to $96,700, which corresponds to the average purchase price of short-term investors. CryptoQuant believes this level can be seen as a potential rebound point. Bitcoin at Key Support: Market Awaits Post-Correction Entry Opportunity “Currently targeting the $96,700 level, which represents a key support zone on […]

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ForkLog 112 02.06.2025

Analyst Identifies Key Level for Bitcoin’s Next Surge

If the leading cryptocurrency maintains its course within the $103,000-$105,000 range, conditions may be ripe for a new surge towards $115,000. This forecast was shared with The Block by Rachel Lucas of BTC Markets. According to her, the price is at a “pivot point” from both a psychological and technical perspective. The current area could […]

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ForkLog 62 29.05.2025

Analysts spot Bitcoin whales shifting from accumulation to selling

Holders of wallets with balances of at least 10,000 BTC have shifted from buying to distributing coins, while investors with smaller positions continue to accumulate digital gold, according to CoinDesk. These conclusions stem from changes in the Accumulation Trend Score, which tracks the intensity of accumulation across address cohorts. For the largest holders, the reading […]

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ForkLog 20 27.05.2025

Options traders bet on bitcoin rising to $115,000–$120,000

The options market points to a potential volatility spike for the leading cryptocurrency over the next three days as investors may react to news from the Las Vegas conference. Technical analysis does not rule out a pullback in bitcoin to $100,000. In bitcoin options expiring in June–July, activity is concentrated in calls with strikes at […]

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ForkLog 7 21.05.2025

Analysts see firmer technical underpinnings for bitcoin’s current rally

Unlike December–January, the backdrop now looks sturdier for bitcoin to push beyond $100,000, according to CoinDesk. Analysts presented six charts across different metrics to support their view. Financial conditions Compared with the start of the year, the combination of 10- and 30-year US Treasury yields and the dollar index provides a more favourable backdrop for […]

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ForkLog 132 20.05.2025

Analysts Identify Signs of a Healthy Bitcoin Rally

The twice-observed price pullback of the leading cryptocurrency since 2024, following a surge in trading volume and funding rates, reflects a healthy bull market, according to a report by CryptoQuant. Data: CryptoQuant. Currently, the approach of prices to the ATH is not accompanied by increased speculation among bulls in derivatives and trading volumes on spot […]

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ForkLog 8 09.05.2025

After $100,000, is $180,000 next? Chartists see room to run

On bitcoin’s weekly chart, a breakout above a bull-flag pattern could set up a further climb toward $182,000—the range implied by the prior advance before a bearish consolidation. That scenario was outlined in Cointelegraph. Data: Cointelegraph. In CoinDesk, analysts suggested drawing parallels with two patterns from late 2024, when the price jumped from $70,000 to […]

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ForkLog 48 02.05.2025

Glassnode Highlights Potential Sell-Off Risks as Bitcoin Approaches $100,000

The cumulative unrealized profit of long-term investors in the leading cryptocurrency has neared 350%, a level historically associated with increased selling activity. This scenario was outlined by Glassnode. According to experts, this metric will reach a critical level if the price continues to rise to $100,000. Source: Glassnode. “This will require significant demand to absorb […]

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ForkLog 32 29.04.2025

Bitcoin’s “Euphoria Phase” Could Propel It to $115,000

Breaking the psychological barrier of $100,000 could pave the way for digital gold to reach new all-time highs in the range of $110,000-$115,000, according to market expert Crypto Caesar.

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