{"id":6289,"date":"2025-01-06T15:02:26","date_gmt":"2025-01-06T15:02:26","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6289"},"modified":"2025-01-06T15:02:26","modified_gmt":"2025-01-06T15:02:26","slug":"bitcoin-cme-futures-pushes-above-100000-btc-price-now-in-the-bull-zone","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6289","title":{"rendered":"Bitcoin CME Futures Pushes Above $100,000, BTC Price Now In The \u2018Bull Zone\u2019"},"content":{"rendered":"
\n

Crypto analyst Tony Severino has disclosed that Bitcoin Chicago Mercantile Exchange (CME) futures have crossed the $100,000 mark, indicating a potential increase in market sentiment and institutional interest. With the cryptocurrency\u2019s Relative Strength Index (RSI)<\/a> above 70, the analyst asserts that Bitcoin may have entered a bull zone<\/a>. As a result, he predicts a significant price increase for Bitcoin, with the potential to break through to new ATHs soon.\u00a0\u00a0\u00a0<\/p>\n

Bitcoin CME Futures To Trigger Rise To $174,000<\/h2>\n

Severino announced that Bitcoin CME futures <\/a>has surpassed $100,000, marking a new milestone for the leading cryptocurrency. In an X (formerly Twitter) post<\/a>, the analyst shared a detailed price chart illustrating past performances of Bitcoin CME futures, highlighting key percentage gains in the price of Bitcoin<\/a> following the CME\u2019s rise above $100,000. Given these historical trends, Severino predicts that BTC could see a comparable price increase with the recent rise in its CME futures.\u00a0<\/p>\n

\"Bitcoin<\/p>\n

Interestingly, the rise in Bitcoin CME futures has triggered the weekly RSI above 70<\/a>, signaling the entrance of the coveted \u201cbull zone.\u201d The RSI is a technical indicator that measures the momentum of an asset\u2019s price. Typically, an RSI value above 70 signals powerful upward momentum<\/a>, often leading to bullish movements. Moreover, a surge in this indicator has historically preceded major price rallies<\/a> in BTC.\u00a0<\/p>\n

Severino\u2019s chart has shared three past instances when Bitcoin CME Futures exceeded $100,000, and its RSI surpassed 70, highlighting remarkable gains that followed these surges. In October 2023, the analyst observed that BTC saw a 59,76% price rally, with an increase of $3,546, bringing its value to $51,000.\u00a0<\/p>\n

Similarly, in February 2024, the leading cryptocurrency experienced a more substantial price surge of 76.08%, increasing its value by $6,486 to $75,000. Later, BTC saw another impressive price rally of 59.23% in November 2024, leading to an $8,117 price increase and pushing it close to the $110,000 mark.\u00a0<\/p>\n

Based on these past performances, Severino predicts that Bitcoin could experience another rally <\/a>of 59% to 76% if it follows the same bullish pattern. This would reinforce the analyst\u2019s optimistic outlook, potentially driving Bitcoin\u2019s price within the range of $158,000 to $174,000, setting new all-time highs<\/a>.\u00a0<\/p>\n

BTC Inflow Index Breaks Out<\/h2>\n

As Bitcoin demonstrates renewed strength in the crypto market, analysts have observed a surge in key technical indicators<\/a>, suggesting that a significant price rally may be on the horizon. Trader Tardigrade, a prominent crypto analyst, has disclosed<\/a> on X that BTC\u2019s daily Money Flow Index (MFI) is currently breaking out. This technical indicator measures the flow of capital<\/a> into and out of a cryptocurrency, signaling a potential increase in buying pressure.\u00a0<\/p>\n

\"Bitcoin<\/p>\n

As of this writing, Bitcoin is trading at $99,552, steadily approaching its previous $100,000 price <\/a>high. Given the recent uptick in the cryptocurrency\u2019s MFI, Trader Tardigrade predicts that BTC could experience a price surge to $132,000 by February 2025.\u00a0<\/p>\n

\"Bitcoin<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Tony Severino has disclosed that Bitcoin Chicago Mercantile Exchange (CME) futures have crossed the $100,000 mark, indicating a potential increase in market sentiment and institutional interest. With the cryptocurrency\u2019s Relative Strength Index (RSI) above 70, the analyst asserts that Bitcoin may have entered a bull zone. As a result, he predicts a significant […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6289","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6289"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6289\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}