The post Bitcoin Price Breakout: Why $85,700 Is The Most Important Level appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Titan of Crypto has predicted that a Bitcoin price breakout could happen soon. The analyst also revealed why $85,700 is the most critical level as the leading crypto tries to break out to the upside.  Why $85,700 Is Important As Bitcoin Price Eyes Breakout In an X post, Titan of Crypto revealed that the $85,000 level is important as Bitcoin price eyes a bullish continuation to as high as $87,000. He noted that the RSI bullish divergence has played out perfectly, with BTC already hitting two key targets. The analyst stated that a daily close above $85,700 would significantly increase the probability of a move to $87,000 right after.  Titan of Crypto also revealed that the Bitcoin price was experiencing a bullish crossover. He remarked that the Moving Average Convergence Divergence (MACD) just made a bullish cross on the 3-day chart. The analyst added that a momentum shift may be underway, with BTC eyeing a breakout to the upside.  Source: Titan of Crypto on X It is worth mentioning that the crypto analyst had earlier predicted that the Bitcoin price could rally to as high as $137,000 by mid-year, marking a new all-time high (ATH) for the flagship crypto. This came as he revealed a bullish pennant that was forming on BTC’s daily chart. The analyst affirmed that the flagship crypto could rally to a new ATH if this plays out.  Crypto analyst Colin also recently affirmed that the Bitcoin price outlook is bullish based on the global M2 supply. He predicted that BTC will soon rally to a new ATH, with a breakout that could begin sometime in May. The analyst suggested that the flagship crypto could reach as high as $144,000 when it…

---

Filed under: News - @ April 16, 2025 11:28 pm