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Bitcoin Headed To $135,000? Analyst Uses Fibonacci Extension To Make the Case

Bitcoinist LogoBitcoinist23h ago

Bitcoin Headed To $135,000? Analyst Uses Fibonacci Extension To Make the Case - Bitcoinist

Quick Summary:

Bitcoin (BTC) has surged more than 10% over the past seven days and is currently trading in the low $90,000 range.

Crypto analyst Titan of Crypto suggests that further gains may be on the horizon based on Fibonacci extension levels.

The surge in withdrawals is backed by declining exchange reserves, suggesting reduced short-term selling pressure and a market increasingly driven by retail participants.

More Pictures

Bitcoin Headed To $135,000? Analyst Uses Fibonacci Extension To Make the Case - Bitcoinist (Picture 1)Bitcoin Headed To $135,000? Analyst Uses Fibonacci Extension To Make the Case - Bitcoinist (Picture 2)Bitcoin Headed To $135,000? Analyst Uses Fibonacci Extension To Make the Case - Bitcoinist (Picture 3)

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Article Details

Author / Journalist: Ash Tiwari

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 07:30:56 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 56 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28204647

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "Bitcoin Headed To $135,000? Analyst Uses Fibonacci Extension To Make the Case" has 414 words across 56 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin Headed To $135,000? Analyst Uses Fibonacci Extension To Make the Case" was covered 23 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 13 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #28204647
  • URL: https://citrocola.beamstart.com/news/bitcoin-headed-to-135000-analyst-17455665098059

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