Ken Chigbo
Independent Analyst
- Bitcoin price on Wednesday in the second half of the session is trading with big gains of 15%.
- BTC/USD is trading at the highest levels seen since January 2018, up within $13,500 territory.
The Bitcoin price is further exploding to the north, big gains of over 15% in the session, jumping into $13,500. It is the highest level seen since mid-January 2018, a time when the market was falling heavily, after the 2017 bull run.
BTC/USD has been largely outperforming its peers, running away with the noted double-digit gains. The door was left wide open to further gains, after a breach of the $12,000 price barrier.
The next major zone of interest will very likely be $15,000 price mark, where resistance of some significance can be seen on the weekly chart.
BTC/USD weekly chart
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Cronos rallies 17% ahead of its zkEVM v26 Mainnet upgrade
Cronos (CRO), the token for the Crypto.com platform, extends its gain by 17% and trades around $0.11 on Monday after surging nearly 18% the previous day.
DYDX announces its first-ever buyback program; 25% of net protocol fees will be allocated to monthly buybacks
The dYdX (DYDX) price hovers around $0.72 on Tuesday after gaining nearly 8% the previous day. The recent announcement of its first-ever buyback program, where 25% of net protocol fees will be allocated to monthly buybacks, supported this rally.
Trump Media partners with Crypto.com to begin launching ETFs
Trump Media and Technology Group (TMTG) announced on Monday that its fintech arm, Truth.Fi has signed a non-binding agreement with Crypto.com to launch several exchange-traded funds (ETFs).
Trump's WLFI tests USD1 stablecoin on BNB Chain: Will Binance Coin finally hit $700?
Binance Coin (BNB) saw a 3% price increase on Monday, crossing the $635 mark as rising trading volumes signaled heightened market interest.
Bitcoin: BTC stabilizes around $84,000 despite US SEC regularity clarity and Fed rate stability
Bitcoin price stabilizes around $84,000 at the time of writing on Friday after recovering nearly 2% so far this week. The recent announcement by the US SEC that Proof-of-Work mining rewards are not securities could boost BTC investors' confidence.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.