BTC has formed an Ascending Triangle in a DowntrendWhat is Happening Here?
If we take a look at Bitcoin, it's pretty interesting right now: we can observe an ascending triangle just formed. But this pattern took shape after a sharp drop in price.
An ascending triangle is a bullish continuation pattern:
- The resistance line stays horizontal (flat
Key facts today
U.S. spot Bitcoin ETFs saw inflows exceeding $1.7 billion this week, with $552.78 million on Thursday. Bitcoin's price rose to $115,000, a 4.5% increase from last week.
Bitcoin (BTC/USD) shows a bullish trend with support at $115,000. Immediate resistance is at $116,000, with key resistance at $116,200, potentially leading to gains up to $118,400.
Glassnode's cofounders forecast Bitcoin may reach a new all-time high in three to four weeks, urging traders to remain cautious and recognize the market's momentum.
Key stats
About Bitcoin
Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.
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BTCUSD: Fake Breakout and Drop to Support LineHello everyone, here is my breakdown of the current Bitcoin setup.
Market Analysis
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Market Analysis
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Discover funds exposed to Bitcoin and find another way to access the coin.
Frequently Asked Questions
The current price of Bitcoin (BTC) is 115,958 USD — it has fallen −0.51% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing BTC price chart.
The current market capitalization of Bitcoin (BTC) is 2.31 T USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Bitcoin (BTC) trading volume in 24 hours is 49.64 B USD. See how often other coins are traded in this list.
Bitcoin price has risen by 3.80% over the last week, its month performance shows a −4.30% decrease, and as for the last year, Bitcoin has increased by 102.22%. See more dynamics on BTC price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Bitcoin (BTC) reached its highest price on Aug 14, 2025 — it amounted to 124,517 USD. Find more insights on the BTC price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Bitcoin (BTC) reached the lowest price of 2 USD on Oct 20, 2011. View more Bitcoin dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Bitcoin (BTC) is 19.92 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Bitcoin has the limit of 21.00 M coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying BTC is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade BTC right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Bitcoin (BTC): today its technical analysis shows the buy signal, and according to the 1 week rating BTC shows the strong buy signal. And you'd better dig deeper and study 1 month rating too — it's buy. Find inspiration in Bitcoin trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Bitcoin (BTC) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Bitcoin is estimated as 1.38% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Bitcoin, you can find more inspiration in our curated watchlists.
You can discuss Bitcoin (BTC) with other users in our public chats, Minds or in the comments to Ideas.