Bitcoin prepares for launch from $85K, BNB, HYPE, TAO and RNDR could follow

Quick Summary:

Related: Bitcoin gets $90K short-term target amid warning support 'isn't safe'Bittensor price analysisBittensor (TAO) broke above the moving averages and has reached the downtrend line, where the bears are expected to mount a strong defense.TAO/USDT daily chart.

Source: Cointelegraph/TradingViewIf the price turns down from the downtrend line, the TAO/USDT pair is likely to find support at the 20-day EMA ($249).

Bitcoin price analysisBitcoin has stayed above the 20-day exponential moving average ($83,704) for the past several days, but the bulls have failed to challenge the 200-day simple moving average ($88,098).BTC/USDT daily chart.

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Article Details

Author / Journalist: Cointelegraph by Rakesh Upadhyay

Category: Crypto

Markets: United States

Topics: Line Bitcoin Pair Break Downtrend Resistance Support Bulls Price Chart Moving

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-20 @ 20:41:51 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 1297 words

Reading Time: 8 minutes read

Sentences: 75 lines

Sentence Length: 18 words per sentence (average)

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

Copyright Owner: © Coin Telegraph

News ID: 28057878

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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