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Viewpoint: Bitcoin Successfully Breaks Above Channel Upper Trendline, Potentially Signaling Accelerated Growth

BlockBeats News, April 22, Licensed Market Analyst (CMT) Aksel Kibar stated that Bitcoin has broken above the recent channel upper boundary, considering this a breakout into the positive extreme, usually seen as a bullish signal, which could potentially accelerate the price towards the 365-day moving average ($87,050).

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On-Chain Activity

44min ago

Longling Capital is suspected to have sold 10,000 ETH, withdrew 21.94 million USDT, or further reduce liquidation risk

1h ago

Longling Capital has transferred 10,000 ETH to Binance, worth approximately $15.68 million

3h ago

A leverage whale today increased its position by 93,300 ETH at $1,633, with a liquidation price of $1,356.

4h ago

Ethereum Faces Renewed Selling Pressure as Three Whales' 345,000 ETH Holdings Worth Over $530 Million at Risk

24H Important News

2026-06-06

After nearly four years in prison, Do Kwon, still has community members holding the line on Terra Luna Classic and looking forward to an "epic revival."

Trump Calls Iran Situation 'Progressing Smoothly' as U.S. Military Keeps Intercepting Missiles, Targeting Radar Sites

Longling Capital is suspected to have sold 10,000 ETH, withdrew 21.94 million USDT, or further reduce liquidation risk

SpaceX Completes Two Orbital Launches within 19 Hours, IPO Oversubscribed and Set to Land on Nasdaq on June 12th

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