Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,524)
  • Analysis (1,704)
  • Bitcoin (2,294)
  • Blockchain (1,362)
  • DeFi (1,593)
  • Ethereum (1,557)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,634)
  • Press Releases (2)
  • Reddit (945)
  • Regulation (1,526)
  • Security (2,172)
  • Thought Leadership (3)
  • Videos (41)
Hand picked
  • Ethereum’s term volume exceeds Bitcoin for the first time in the middle of 5 months
  • Has the Pectra upgrade lived up to it’s hype?
  • Trump’s binance links raise new questions about stablecoin ethics
  • Bitcoin could explode 112% before the end of the year, according to analyst Michaël Van de Poppe – but there is a catch
  • How to make the day the crypto using the chatppt and the grok
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Market»The main levels of bitcoin to monitor before the PNF report on Friday
Market

The main levels of bitcoin to monitor before the PNF report on Friday

May 3, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
13fb253c240a26bc339af01a5504aed5.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email


Benzinga and Yahoo Finance LLC can earn a committee or income on certain articles via the links below.

Bitcoin has remained resilled in recent weeks, currently holding around $ 95,000 in April 29. While market players focus on the next non -enlarged pay report on Friday, merchants and investors are looking at key technical levels to assess the next potential Bitcoin movement.

Weekly levels in the accent

The rear zoom towards the higher deadlines, one of the most important levels to keep an eye on is the retrace of 0.618 of the current weekly range – from the level of $ 110,000 to $ 74,450. This level is at $ 96,433, just above the current price. A clean rupture and close above this area could point out the force and open the door to higher levels.

Don’t miss:

Another important reference on the weekly graphic is the 50 -week EMA, which turned out to be reliable support. Bitcoin found a strong purchase interest in the $ 75,000, rebounding quickly on the EMA and recovering quickly – a sign that buyers defend this support in terms of trend.

If Bitcoin can push beyond the retracement of 0.618, the next target would be around $ 104,460, which acted as a strong resistance earlier this year. The price previously rejected here and closed below this level, so recovery would be an important step.

Beyond that, the ultimate goal remains the level of all time at $ 110,000. An escape above this level would mark a continuation of the broader optimistic trend and potentially inaugurate a new wave of momentum of institutional and detail participants.

Trend: New in crypto? Get up to $ 400 in awards for having successfully completed short education lessons and doing your first qualification trade on Coinbase.

Daily support levels to monitor

Although the weekly image is constructive, it is important not to ignore key daily levels, in particular with potential volatility around the release of the PFF.

  • $ 92,700 is a key daily level – it marks the current hollow of the week and an important swing point. If the price is starting to close below this area, it could point out the weakness of weakness on the lower deadlines.

  • Just below that, $ 91,619 is another important swing point where the price has reversed recently. This level could act as a short -term support or more trigger the decline if it is broken.

  • The following major level is $ 88,752, an anterior resistance zone where bitcoin was rejected three times before leaving. Holding above this area is essential to maintain the higher bullish structure.

If Bitcoin is starting to be negotiated below $ 88,000, this could indicate that the weekly graphic forms a lower high, potentially preparing the terrain for a new low weekly below $ 70,000. This would represent a significant change in structure and feeling.

Final reflections

With the NFP report that is looming, volatility is likely to climb, which makes traders crucial to stay focused on these key levels. The question of whether Bitcoin can maintain the support above and push the past resistance will determine if the bulls remain in control – or if the bears are ready to take over.

Read then:

Image: Shutterstock

Send to MSN: 0

This article updated to the cryptography market: the key levels of the bitcoin to look before the NFP report on Friday initially appeared on benzinga.com



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleHow AI, Blockchain and Cloud lead the next technological revolution
Next Article Dry can learn from IRS in the simpler regulations for crypto

Related Posts

Market

Bitcoin goes beyond $ 116,000 as the dynamics of the Crypto market

July 12, 2025
Market

How the Federal Reserve Policy (Fed) dictates the cycles of the cryptography market: An analysis of risk and risk environments | Detail of the new flash

July 12, 2025
Market

Crypto market capitalization increases by 1.2% while Bitcoin reached $ 116,500

July 11, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Bitcoin could explode 112% before the end of the year, according to analyst Michaël Van de Poppe – but there is a catch

July 12, 2025

The company listed at Nasdaq, Sharplink, bets 25 million dollars on Ethereum – ETH price at $ 10,000 soon?

July 12, 2025

Can Solana (soil) reach $ 184 after the FTX, Alameda decompose $ 31 million?

July 12, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

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

bitcoin
Bitcoin (BTC) $ 117,639.52
ethereum
Ethereum (ETH) $ 2,945.14
xrp
XRP (XRP) $ 2.77
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 688.93
solana
Solana (SOL) $ 161.08
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.198142
tron
TRON (TRX) $ 0.301733
staked-ether
Lido Staked Ether (STETH) $ 2,937.43