{"id":154509,"date":"2025-04-02T12:00:56","date_gmt":"2025-04-02T09:00:56","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154509"},"modified":"2025-04-02T03:58:54","modified_gmt":"2025-04-02T00:58:54","slug":"bitcoins-next-bullish-move-hinges-on-key-support-analyst-warns","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoins-next-bullish-move-hinges-on-key-support-analyst-warns\/","title":{"rendered":"Bitcoin&#8217;s Next Bullish Move Hinges on Key Support, Analyst Warns"},"content":{"rendered":"<p>Rekt Capital <strong><a href=\"https:\/\/x.com\/rektcapital\/status\/1906379492911702493\" target=\"_blank\">suggests<\/a> <\/strong>that Bitcoin&#8217;s current price behavior resembles its 2021 pattern when the cryptocurrency was consolidating between two important exponential moving averages (EMAs) on the weekly chart. To resume its upward trend, he believes <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>needs to establish the 21-week EMA as a solid support level.<\/p>\n<p>Earlier this week, Bitcoin faced resistance at the 21-week EMA, causing it to continue consolidating between the two Bull Market EMAs, much like in mid-2021.<\/p>\n<p>According to Rekt Capital, the key indicator of a bullish breakout would be a weekly close above the 21-week EMA, followed by a retest that confirms it as new support. As of now, Bitcoin is trading around $82,536.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-vs-the-dollar-blackrock-ceo-warns-policymakers\/\" title=\"Bitcoin vs. the Dollar: BlackRock CEO Warns Policymakers\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/104943277-IMG_0083-fink.1910x1000-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin vs. the Dollar: BlackRock CEO Warns Policymakers<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Turning to the altcoin market, Rekt Capital remains cautious. He points to the Bitcoin Dominance (BTC.D) chart, which reflects Bitcoin&#8217;s share of the total crypto market capitalization. Currently hovering at 62.26%, BTC.D could potentially rise to a long-standing resistance level near 71%. Rekt Capital suggests that if BTC dominance hits this mark and then declines, it could signal the onset of a long-awaited altcoin season, as altcoins would likely start gaining ground against Bitcoin.<\/p>\n<p>For now, the analyst sees Bitcoin dominance maintaining strength, but a rejection from the 71% mark could open the door for altcoins to outperform. Investors are keeping a close watch on these key levels as they may shape the market\u2019s next big move.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A well-known crypto analyst is highlighting a crucial technical level that BTC must reclaim to revive its bullish momentum.<\/p>\n","protected":false},"author":9,"featured_media":132508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-154509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin&#039;s Next Bullish Move Hinges on Key Support, Analyst Warns<\/title>\n<meta name=\"description\" content=\"A well-known crypto analyst is highlighting a crucial technical level that BTC must reclaim to revive its bullish momentum.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoins-next-bullish-move-hinges-on-key-support-analyst-warns\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin&#039;s Next Bullish Move Hinges on Key Support, Analyst Warns\" \/>\n<meta property=\"og:description\" content=\"A well-known crypto analyst is highlighting a crucial technical level that BTC must reclaim to revive its bullish momentum.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/bitcoins-next-bullish-move-hinges-on-key-support-analyst-warns\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes EN\" \/>\n<meta property=\"article:published_time\" 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