Hyperliquid flashes a bullish MACD crossover near $33 resistance, setting up a 
potential breakout as traders weigh momentum against looming token unlock 
risks. Hyperliquid (HYPE) is trading at $32.63 at press time, up 1.5% in the 
past 24 hours and…

Hyperliquid price outlook: MACD crossover sparks fresh rally bets

A crypto analyst has pinpointed critical price levels from past cycles on the 
Bitcoin chart that could determine the cryptocurrency’s next moves in this 
cycle. He has highlighted Bitcoin’s former all-time high target of $65,000 and 
a distinct 200-week Simple Moving Average (SMA) at $58,000 as key levels to 
watch. Bitcoin’s 200W SMA Highlighted As Key Watch Zone Crypto analyst 
VirtualBacon has taken to X to share new technical chart analysis, outlining 
two critical Bitcoin price levels he believes investors and traders should 
watch as the cryptocurrency continues its downward slide. Elaborating further 
in a video, VirtualBacon pointed to $65,000 and $58,000 as the zones worth 
paying attention to for anyone seeking a good buy opportunity in the current 
market environment. Related Reading: Elliot Wave Theory Says Bitcoin Price Is 
Headed To $40,000, But The End Game Will Shock You VirtualBacon highlighted 
$58,000 as his most closely watched level, where the 200W SMA currently 
resides. The analyst described this indicator as one of the most consistently 
reliable buying zones in Bitcoin’s history, citing a track record spanning 
multiple market cycles. He noted that during the 2015 bear market, Bitcoin’s 
price touched the 200W SMA four times without ever closing below it on a 
weekly candle. In 2018, the 200W SMA marked the absolute bottom of that 
cycle’s sell-off. The COVID-19 crash of 2020 also found support precisely at 
this same level. The one exception came in June 2022, when the price briefly 
wicked below the average before consolidating, then declined further by 25% 
following the collapse of FTX later that year. VirtualBacon acknowledged the 
2022 breakdown but emphasized that the 200W SMA near $58,000 remains a highly 
significant level, given how consistently it has served as a floor throughout 
Bitcoin’s history. In his view, the $58,000 level represents an area where 
long-term investors have historically stepped in, often accumulating at the 
bottom ahead of a strong price rally. Analyst Marks Former Bitcoin ATH As 
Buying Opportunity In his analysis, VirtualBacon identified $65,000 as the 
first level to watch, which corresponds to Bitcoin&#8217;s previous all-time high 
from the 2021 bull cycle. The analyst noted that Bitcoin has already reached 
this area in the current cycle, arguing that, historically, former ATHs often 
become meaningful support when price revisits them. For investors who agree 
with this thesis, the analyst has suggested considering $65,000 as a 
potentially reasonable entry point into the market. Related Reading: Bitcoin 
Fear Has Been This Low Only 2 Times In History, Here’s What Follows Each Time 
Notably, VirtualBacon’s Bitcoin analysis comes at a time when sentiment across 
the crypto market remains fragile, with retail investors unsure whether the 
decline in the BTC price signals a strategic buying opportunity or the 
beginning of a deeper pullback. Bitcoin’s prolonged sideways trading has also 
done little to restore confidence, instead fueling fear among market 
participants. Earlier this week, the cryptocurrency briefly fell below $64,000 
after reports emerged about the US and Israel airstrikes on Iran. The 
cryptocurrency has since rebounded above $70,000, marking a 24-hour increase 
of more than 8%. Featured image from Pixabay, chart from Tradingview.com

Analyst Says It’s Time For Bitcoin, But What’s Important About $58,000?

XRP surges toward the upper edge of its trading range as bullish momentum 
builds and political pressure for pro- crypto legislation intensifies, putting 
the token back in focus for traders watching a potential breakout. XRP Rally 
Gains Momentum as Political Spotlight Returns to Crypto Regulation At 11:33 on 
March 4, XRP is trading at $1.452, […]

XRP Surges as Trump Pushes Crypto Reform, Ripple CEO Welcomes Move

Fundraising platform Giving Block said it faciliated more than $100 million in 
donations of stablecoins to charities in 2025, a surge possibly aided by a 
change in US laws.

Stablecoin giving grows as ‘crypto philanthropy’ matures: Report

Despite global tensions, Bitcoin&#8217;s resilience hints at a strong long-term 
future for crypto investments.
The post Rob Hadick: Crypto markets show resilience amid global downturns, geopolitical tensions raise stagflation risks, and confusion over monetary policy reaches new heights | Unchained appeared first on Crypto Briefing.

Rob Hadick: Crypto markets show resilience amid global downturns, geopolitical tensions raise stagflation risks, and confusion over monetary policy reaches new heights | Unchained

Cryptocurrency price in VEF