{"id":191314,"date":"2025-04-18T18:19:33","date_gmt":"2025-04-18T18:19:33","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/trader-says-bitcoin-reclaiming-major-level-would-be-clear-sign-of-strength-could-trigger-bullish-continuation\/"},"modified":"2025-04-18T18:19:33","modified_gmt":"2025-04-18T18:19:33","slug":"trader-says-bitcoin-reclaiming-major-level-would-be-clear-sign-of-strength-could-trigger-bullish-continuation","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=191314","title":{"rendered":"Trader Says Bitcoin Reclaiming Major Level Would Be Clear Sign of Strength, Could Trigger Bullish Continuation"},"content":{"rendered":"


\n<\/p>\n

\n

A widely followed crypto analyst says that the top crypto by market cap\u00a0may be on the verge of an explosive breakout.<\/p>\n

In a new post on Telegram, pseudonymous crypto strategist Crypto Capo tells<\/a> his 122,005 subscribers that Bitcoin (BTC<\/a>) may be heading another leg up if the top digital asset by market cap can break through the $85,000 resistance level.<\/p>\n

\u201cBTC trying to reclaim $85,000 again. That would be a very clear sign of strength and after that, we should see bullish continuation towards the $90,000 levels.\u201d <\/em><\/p>\n

The analyst previously warned<\/a> Bitcoin may print a dead cat bounce price pattern, a term used in finance to describe a small, brief recovery in the price of a declining asset.<\/p>\n

\u201cAltcoins keep showing strength, and BTC is still trading at $83,000-$84,000. Target for the DCB (dead cat bounce) is $92,000-$98,000.\u201d <\/em><\/p>\n

Bitcoin is trading for $84,392 at time of writing, flat on the day.<\/p>\n

The analyst also says<\/a> he is leaning bullish on the graphics processing unit (GPU) rendering network altcoin Render (RENDER<\/a>).<\/p>\n

\u201cStrong bounce from the same main support. If it reclaims the $4.25 level, then the main target of $6-$7 should be next.\u201d<\/em><\/p>\n

\"\"
Source: Crypto Capo\/Telegram<\/figcaption><\/figure>\n

Render is trading for $3.93 at time of writing, down 1% in the last 24 hours.<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Featured Image: Shutterstock\/GreenBelka\/Sensvector<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"

A widely followed crypto analyst says that the top crypto by market cap\u00a0may be on the verge of an explosive breakout. In a new post on Telegram, pseudonymous crypto strategist Crypto Capo tells his 122,005 subscribers that Bitcoin (BTC) may be heading another leg up if the top digital asset by market cap can break […]<\/p>\n","protected":false},"author":1,"featured_media":191315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[12920,17058,11446,2312,33045,3485,11278,1820,66198,51912,74595,689,2325,11048,22089],"dealstore":[],"offerexpiration":[],"class_list":["post-191314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-bitcoin","tag-btc","tag-bullish","tag-clear","tag-continuation","tag-level","tag-major","tag-news","tag-reclaiming","tag-render","tag-rndr","tag-sign","tag-strength","tag-trader","tag-trigger"],"yoast_head":"\nTrader Says Bitcoin Reclaiming Major Level Would Be Clear Sign of Strength, Could Trigger Bullish Continuation - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=191314\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trader Says Bitcoin Reclaiming Major Level Would Be Clear Sign of Strength, Could Trigger Bullish Continuation - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A widely followed crypto analyst says that the top crypto by market cap\u00a0may be on the verge of an explosive breakout. 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