Bitcoin: Reclaims $84,000 as Market Cap Adds $100B
@BullTheoryio reports Bitcoin reclaiming $84,000 and Ethereum surging above $2,500 after earlier losses, with $600 million in crypto positions liquidated over 12 hours and $100 billion added to total marketcap in six hours.
SourceAnalysis
Bitcoin reclaims $84,000 and Ethereum surges above $2,500 as both assets recover earlier losses, according to @BullTheoryio. Over $600 million in crypto positions were liquidated in the past 12 hours while $100 billion was added to crypto marketcap in just six hours.
Bitcoin trades at $83800 inside the Bollinger Bands with upper resistance at $84284.36. Price holds above the EMA50 at $83489.87 and the EMA200 at $82316.58 in a bullish trend structure, while the MACD golden cross at 6.53 supports continuation and RSI at 54.63 remains neutral without overbought signals.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.