The post Bitcoin Approaches $115K Resistance as Altcoins Signal Potential Market Rally appeared on BitcoinEthereumNews.com.

Market Indicator Current Value Previous Resistance Bitcoin Price $114,174 $115,000 What is the Current Status of Bitcoin? Bitcoin is currently trading around $114,174, pressing into a key resistance zone near $114,755. This level previously acted as support and now poses a challenge for bulls attempting to reclaim momentum. How Are Altcoins Performing? While Bitcoin eyes a breakout, altcoins may be preparing for a broader rally. A chart shared by WhaleEverything shows a new golden cross forming in the total crypto market cap excluding the top 10 coins. A 50-day moving average crossing above the 200-day is often a strong bullish signal. Frequently Asked Questions What is a golden cross in cryptocurrency? A golden cross in cryptocurrency is a bullish signal that occurs when a short-term moving average crosses above a long-term moving average, often indicating a potential price increase. How does Bitcoin’s price affect altcoins? Bitcoin’s price movements often influence altcoins, as many investors view Bitcoin as a market leader. A rising Bitcoin price can lead to increased investment in altcoins. Key Takeaways Bitcoin is testing $115K resistance: A breakout could signal a strong bullish trend. Altcoins are showing bullish signals: Golden crosses indicate potential upward momentum. Market patterns suggest a long-term accumulation phase: Historical trends indicate a possible breakout into 2026. Conclusion In summary, Bitcoin’s approach to the $115K resistance level and the bullish signals from altcoins indicate a potentially explosive market phase. Investors should remain vigilant as these trends develop, keeping an eye on key price levels for future movements. Bitcoin tests $115K resistance with rising volume, while altcoin charts flash golden cross signals—hinting at a possible new market-wide bull run. Bitcoin’s higher low near $113K keeps the uptrend intact as bulls challenge $115K resistance. Altcoin market shows repeated golden crosses, hinting at another strong upward cycle. Macro…

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Filed under: News - @ August 9, 2025 4:27 am