ChainCatcher news, Glassnode co-founder Negentropic posted on X stating that the key level for Bitcoin to break through is $94,700. If the daily closing price reaches this level, the probability of retesting the all-time high will significantly increase.
It is expected that the market will experience volatility this Friday, as the probability of tariffs being deemed unconstitutional by the US exceeds 70%, with the key being the details of the unconstitutionality.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Large BTC Wallets Resume Accumulation as Bitcoin Network Reaches 571M Users
Gate News bot message, wallets holding 100+ $BTC have resumed accumulation, signaling renewed buying activity among large holders. At the same time, Bitcoin adoption continues to expand globally. The network is estimated to have around 571M onchain users.
GateNews42m ago
Bitcoin Shows Value Bottom Signals but True Market Floor Missing
Bitcoin is at a "Value Bottom" ideal for long-term dollar-cost averaging, but has not yet reached a "Structural Bottom," leading to projected volatility between $60K-$70K. Investors should prepare for continued fluctuations and potential buying opportunities.
BlockChainReporter47m ago
Bitcoin Trades Narrow Range As Resistance Holds Near $71K
Bitcoin is trading around $70,335, showing a 2.13% decline in 24 hours. Analysts note a resistance near $71,400 and a consolidation phase, with traders awaiting a decisive breakout above or below established support and resistance levels.
CryptoBreaking56m ago
A trader went long on 120,000 ETH and 700 BTC, with total unrealized gains exceeding $25.96 million.
Gate News reported that on March 13th, according to Ai Yi monitoring, ETH briefly broke through $2200, with a certain trader accumulating 120,000 ETH long positions and 700 BTC long positions, with total unrealized gains reaching $25.968 million. Among them, the ETH long position holds 120,000 coins valued at $262 million with unrealized gains of $22.576 million; the BTC long position holds 700 coins valued at $51.28 million with unrealized gains of $3.392 million.
GateNews1h ago
