Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

XRP analyst marks XDC for 3,350% starts as bullish statistics appear

2025-05-09

Sol Price approaches a great resistance around $ 181 amide Altcoin Fomo

2025-05-09

BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules

2025-05-09
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Agi Open Network Partners with AI Sim for Smarter, faster AI agents

    2025-05-09

    Hela Labs to redefine decentralized data possession in collaboration with Insight Genesis

    2025-05-09

    Hashkey chain reveals the puzzle game of the chains in the chains in collaboration with Zypher Network

    2025-05-09

    Superstate is spreading to Tokenized shares; Sol -Strategies to mention first

    2025-05-09

    What are Babydoge -Properties?

    2025-05-09
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP analyst marks XDC for 3,350% starts as bullish statistics appear

    2025-05-09

    Trader says that the market is ready for a strong reversal after Bullish Move – here is his target for Ethereum and Altcoins

    2025-05-09

    Crypto analyst says the XRP price must remedy this level or risk fries to $ 1.9

    2025-05-09

    Trader says Bitcoin on CUSP to break out from Beerarish market structure, sketches path to new multi-month high

    2025-05-09

    XRP – Price breaks through obstacles – could a bullish peak follow?

    2025-05-09
  • Learn

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02

    What Are Utility Tokens? Types, Roles, Examples

    2025-04-17
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin Price to $95,000? This is what needs to happen first
Bitcoin

Bitcoin Price to $95,000? This is what needs to happen first

2024-10-18No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

The Bitcoin price has now broken above $68,000 mark in the middle of a run of a Price increase of 12% in the past seven days. However, analysis says Bitcoin price will not be able to stop this increase at any time soon. According to a detailed analysis on TradingView, a well-known crypto analyst has shared insights that suggest Bitcoin is on track to climb even higher to reach an ambitious target of $95,000, but USDT.D needs to break below the lower bound of a triangle. First.

Interesting look at Bitcoin price prospects

The analyst in question, known as TheSignalyst, takes an unconventional approach to analyzing Bitcoin’s price movements by relying on a lesser-known but intriguing metric.

Related reading

According to to TheSignalystThe USDT.D chart, which tracks the dominance of the stablecoin Tether (USDT) in the cryptocurrency market, efficiently tracks the overall sentiment of the crypto market. Although not widely used by mainstream analysts, this metric has proven useful in predicting market tops, bottoms, and future price action.

According to the USDT.D chart, USDT dominance has been showing a descending triangle pattern since the first days of August. Since this period, USDT dominance has fluctuated between 6.5% and 5.34% of the total crypto market capitalization until the time of writing. As the analyst noted, Bitcoin’s price will likely continue to consolidate within a certain range as long as USDT’s dominance remains within the descending triangle.

However, TheSignalyst adds that if Bitcoin really wants to make a bullish run, USDT dominance must break downwards. Specifically, it should fall below the lower bound of the descending triangle and fall below 5.2% of the total crypto market capitalization.

See also  Bitcoin Dominance Drives Crypto ETP Inflows of $585 Million by 2025

What does this mean for the BTC price?

As the largest stablecoin, USDT’s dominance can reveal a lot about the prevailing sentiment among crypto traders. High periods of USDT dominance suggest investors are withdrawing from riskier assets and parking their money in stablecoins, while a decline in USDT dominance indicates an inflow into cryptocurrencies.

Related reading

In the case of TheSignalyst’s analysis, breaking USDT dominance below 5.2% would indicate a reduced dependence on the stablecoin and a renewed appetite for riskier assets, paving the way for Bitcoin to become a more aggressive start an upward trajectory.

According to the analyst, if this scenario unfolds, it could be possible that Bitcoin’s price could break past the $70,300 mark in the weekly time frame. This level is just above a descending trendline that has held back Bitcoin’s momentum since April, and a successful breakout could confirm the start of a much bigger rally.

In the event of such an outbreak, the analyst suggests a strong one rise towards the $100,000 price level. At the time of writing, Bitcoin is trading at $68,100, which is about 47% away from this six-figure target.

Bitcoin price chart from Tradingview.com
BTC Price Fails to Hold $68,000 | Source: BTCUSD on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

Source link

Bitcoin Happen Price
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sol Price approaches a great resistance around $ 181 amide Altcoin Fomo

2025-05-09

$ 970 million lost: Bitcoin’s $ 100k Surge triggers mass -reading

2025-05-09

Bitcoin beats Amazon to become the world’s 5th most valuable possession

2025-05-09

Bitcoin (BTC) and the general crypto-market capitalization jump while US President Donald Trump rolls out after the Tariffs UK Trade Deal

2025-05-09
Add A Comment

Comments are closed.

Top Posts

This is the low point for new crypto projects

2023-11-09

Will new leadership end the case?

2025-02-06

Het opbouwen van een Web3-cultuur in Oekraïne: de missie van Rostyslav Bortman

2024-10-05
Editors Picks

the price skyrockets thanks to rumors of a new partnership

2024-01-18

EU securities watchdog will assess whether crypto is eligible for UCITS investments

2024-05-10

Ondo Finance Forms Partnership with MasterCard, joins the Multi-Topping Network Blockchain of Payments Behemoth

2025-02-26

Nft volume rankings see surprising climbers

2025-04-23
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

XRP analyst marks XDC for 3,350% starts as bullish statistics appear

Sol Price approaches a great resistance around $ 181 amide Altcoin Fomo

BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,078.870.38%
  • ethereumEthereum(ETH)$2,353.267.21%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.362.42%
  • binancecoinBNB(BNB)$671.997.24%
  • solanaSolana(SOL)$172.145.92%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2065836.01%
  • cardanoCardano(ADA)$0.782.53%
  • tronTRON(TRX)$0.2633882.39%
  • suiSui(SUI)$3.96-0.90%
  • chainlinkChainlink(LINK)$16.081.90%
  • avalanche-2Avalanche(AVAX)$23.425.74%
  • stellarStellar(XLM)$0.2986080.41%
  • shiba-inuShiba Inu(SHIB)$0.0000155.95%
  • hedera-hashgraphHedera(HBAR)$0.2028334.23%
  • hyperliquidHyperliquid(HYPE)$24.887.12%
  • bitcoin-cashBitcoin Cash(BCH)$415.23-0.73%
  • the-open-networkToncoin(TON)$3.303.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.68-2.02%
  • litecoinLitecoin(LTC)$104.5610.28%
  • polkadotPolkadot(DOT)$4.909.42%
  • moneroMonero(XMR)$320.096.29%
  • daiDai(DAI)$1.000.02%
  • pepePepe(PEPE)$0.00001315.93%
  • bitget-tokenBitget Token(BGB)$4.561.67%
  • piPi(PI)$0.746.48%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.517.06%
  • bittensorBittensor(TAO)$428.350.75%
  • nearNEAR Protocol(NEAR)$2.935.93%
  • aptosAptos(APT)$5.642.08%
  • okbOKB(OKB)$55.175.17%
  • aaveAave(AAVE)$212.674.73%
  • ondo-financeOndo(ONDO)$1.013.09%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.9316.09%
  • ethereum-classicEthereum Classic(ETC)$19.323.75%
  • internet-computerInternet Computer(ICP)$5.504.80%
  • gatechain-tokenGateToken(GT)$22.322.49%
  • kaspaKaspa(KAS)$0.1048486.94%
  • crypto-com-chainCronos(CRO)$0.1022493.67%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2551691.77%
  • mantleMantle(MNT)$0.772.17%
  • vechainVeChain(VET)$0.0301825.31%
  • render-tokenRender(RENDER)$5.005.51%
  • ethenaEthena(ENA)$0.3702367.35%
  • usd1World Liberty Financial USD(USD1)$1.000.16%
  • filecoinFilecoin(FIL)$3.053.81%
  • algorandAlgorand(ALGO)$0.2340533.71%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.848.17%
  • bitcoinBitcoin(BTC)$103,078.870.38%
  • ethereumEthereum(ETH)$2,353.267.21%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.362.42%
  • binancecoinBNB(BNB)$671.997.24%
  • solanaSolana(SOL)$172.145.92%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2065836.01%
  • cardanoCardano(ADA)$0.782.53%
  • tronTRON(TRX)$0.2633882.39%
  • suiSui(SUI)$3.96-0.90%
  • chainlinkChainlink(LINK)$16.081.90%
  • avalanche-2Avalanche(AVAX)$23.425.74%
  • stellarStellar(XLM)$0.2986080.41%
  • shiba-inuShiba Inu(SHIB)$0.0000155.95%
  • hedera-hashgraphHedera(HBAR)$0.2028334.23%
  • hyperliquidHyperliquid(HYPE)$24.887.12%
  • bitcoin-cashBitcoin Cash(BCH)$415.23-0.73%
  • the-open-networkToncoin(TON)$3.303.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.68-2.02%
  • litecoinLitecoin(LTC)$104.5610.28%
  • polkadotPolkadot(DOT)$4.909.42%
  • moneroMonero(XMR)$320.096.29%
  • daiDai(DAI)$1.000.02%
  • pepePepe(PEPE)$0.00001315.93%
  • bitget-tokenBitget Token(BGB)$4.561.67%
  • piPi(PI)$0.746.48%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.517.06%
  • bittensorBittensor(TAO)$428.350.75%
  • nearNEAR Protocol(NEAR)$2.935.93%
  • aptosAptos(APT)$5.642.08%
  • okbOKB(OKB)$55.175.17%
  • aaveAave(AAVE)$212.674.73%
  • ondo-financeOndo(ONDO)$1.013.09%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.9316.09%
  • ethereum-classicEthereum Classic(ETC)$19.323.75%
  • internet-computerInternet Computer(ICP)$5.504.80%
  • gatechain-tokenGateToken(GT)$22.322.49%
  • kaspaKaspa(KAS)$0.1048486.94%
  • crypto-com-chainCronos(CRO)$0.1022493.67%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2551691.77%
  • mantleMantle(MNT)$0.772.17%
  • vechainVeChain(VET)$0.0301825.31%
  • render-tokenRender(RENDER)$5.005.51%
  • ethenaEthena(ENA)$0.3702367.35%
  • usd1World Liberty Financial USD(USD1)$1.000.16%
  • filecoinFilecoin(FIL)$3.053.81%
  • algorandAlgorand(ALGO)$0.2340533.71%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.848.17%