List of Flash News about BTC breakout level 73800
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2025-09-05 12:18 |
Bitcoin (BTC) Breakout Watch: @rovercrc Says Gold and S&P 500 at All-Time Highs, BTC Could Be Next - 3 Key Signals and the $73.8k Level
According to @rovercrc, gold and the US500 (S&P 500) are at new all-time highs and Bitcoin (BTC) could be next, implying a potential risk-on tailwind for crypto traders (source: @rovercrc on X, Sep 5, 2025). For actionable levels, BTC’s last record high was near $73,800 in March 2024, so traders often look for a daily close above that prior ATH with rising spot volume to confirm a breakout continuation (source: TradingView BTCUSD index data; Edwards and Magee, Technical Analysis of Stock Trends). To validate cross-market momentum, monitor BTC’s correlation with SPX, BTC dominance, perpetuals funding rates, and open interest; strengthening dominance with positive but not extreme funding and expanding OI typically supports trend continuation (source: Coin Metrics State of the Network reports; Glassnode market structure insights). Note that the claims of new all-time highs in gold and the US500 are assertions by the author and were not independently verified here; traders should confirm via independent price feeds such as XAUUSD and SPX before positioning (source: @rovercrc on X; TradingView price feeds). |