Coin overview
ATH
Ended--
Last price (USDT)
301.74K
24h total (USDT)
1.14M
Total vol (USDT)
2024-06-05 08:00:00 ~ 2024-06-12 09:30:00
Trading time (UTC+0)
2024-06-13 04:00:00
Delivery time (UTC+0)
Total supply42.00B
Resources
Introduction
Aethir is the only Enterprise-grade AI-focused GPU-as-a-service provider in the market. It’s a decentralized cloud computing infrastructure that allows GPU providers (containers) to meet Enterprise clients who need powerful H100’s chips for professional AI/ML tasks. Aethir also support cloud gaming clients with their virtual computing phones and GPU's with contracts with the world’s largest telecommunication company. Everything within Aethir ecosystem will be decentralized and community-owned.
Bitcoin’s Supply Trends Mirror 2021: What It Means for Price
From beincrypto by Aaryamann Shrivastava Bitcoin’s price action has been volatile in recent days, with the leading cryptocurrency struggling to secure the $100,000 mark as firm support. Despite multiple attempts, BTC has faced strong resistance, leading to increased selling pressure. Recent market conditions suggest that Bitcoin’s inability to hold key price levels could further weaken its position, leaving it vulnerable to a potential correction. Bitcoin Investors Are Driving The Price Short-term holders (STH) have played a crucial role in Bitcoin’s recent price action. The supply held by these investors indicates that the market is mirroring the accumulation phase seen in May 2021. Back then, Bitcoin saw a significant influx of supply, leading to increased sensitivity among investors to any downward movement. If BTC fails to maintain support above $92,500, these holders may start offloading their assets, exacerbating the selling pressure. Should demand remain steady, Bitcoin could establish a new range above its all-time highs. However, a lack of sustained buy pressure could trigger a deeper correction. Historically, post-ATH phases have led to widespread panic among new entrants, particularly those who recently accumulated BTC at peak prices. If their holdings slip into unrealized losses, it may prompt a wave of distribution, increasing the chances of a sharp price decline. Bitcoin Short-Term Holder Supply. Source: Glassnode The RHODL Ratio, which measures the balance between mid-cycle holders (6 months to 2 years) and new entrants (1 day to 3 months), has been declining. This trend suggests that short-term speculation is rising, a common indicator observed before market tops. While the ratio is not yet at extreme lows, its current movement aligns with patterns seen in the latter stages of previous bull cycles. A further drop in the RHODL Ratio could signal an impending correction. Historically, when the ratio rebounds after hitting a low, it has marked key turning points in Bitcoin’s price cycles. If this pattern repeats, Bitcoin may enter a distribution phase before stabilizing or initiating another upward movement. Bitcoin RHODL Ratio. Source: Glassnode BTC Price May Find It Difficult To Rally Bitcoin price is currently consolidating between $98,212 and $95,761 and is at risk of a decline. Multiple tests of the lower support indicate that BTC remains susceptible to another retest. Should this level fail to hold, Bitcoin could face increased selling pressure, leading to a sharper decline. Given the ongoing macro trends and STH supply distribution, Bitcoin’s price may see a correction in the short term. A drop to $93,625 is plausible, and if bearish momentum intensifies, BTC could decline further to $92,005. These levels could act as critical support zones, influencing the next market movement. Bitcoin Price Analysis. Source: TradingView On the other hand, continued accumulation by investors with a long-term outlook could provide Bitcoin with the necessary support to break through $98,212. If BTC successfully reclaims $100,000, bullish momentum could accelerate, propelling the cryptocurrency toward its all-time high of $105,000.
Analysts Share Their Forecasts For Solana Price, Which Seriously Declined After Libra Scandal! Is There Any Chance of ATH Coming This Year?
A memecoin scandal involving Argentine President Javier Milei triggered a sharp drop in Solana’s price, sending it down 20% from last week’s highs. The controversy stems from Milei’s tweet promoting the LIBRA memecoin, which later fell from a market value of $4.5 billion to around $200 million, leading to legal action being taken against Milei in Argentina, further eroding investor confidence. Solana’s struggles are reflected in Polymarket prediction rates, where traders are placing just a 22% chance of the coin breaking its all-time high of $293 by June 30, a sharp drop from the 85% chance seen on January 21. Additionally, Polymarket users are predicting an 86% chance of Solana falling to $160 this month. Memecoins continue to proliferate on Solana’s blockchain, with the pump.fun launch platform generating nearly $3 billion in volume over the past two weeks. While some experts see memecoins as a short-term problem, others argue that they contribute to the network’s long-term growth. Related News Nobody Can Resist Bitcoin: Google Makes a New Move Despite the current downturn, VanEck analysts including Matthew Sigel, Patrick Bush, and Nathan Frankovitz remain optimistic. They predict Solana will reach $520 by the end of 2025. VanEck notes that Solana’s revenue in January 2024 surpassed the next four largest blockchains combined, solidifying its position as the leading layer-1 network in decentralized exchange (DEX) volume, revenue, and active wallets. They also note the importance of Solana’s share of the smart contract platform market, which currently stands at 15% but is expected to rise to 22% by the end of the year. Pantera Capital analysts Cosmo Jiang and Eric Wallach see 2024 as a pivotal year for Solana, citing record-breaking trading activity in Q4 2023. Notably, Solana’s native DEX, Raydium, has consistently outperformed Ethereum’s DEX volumes. “Solana’s tokenization ecosystem continues to thrive,” Jiang and Wallach wrote, adding that it now accounts for over 90% of all new tokens originating on decentralized exchanges. They also note that despite a 9% decline in the overall crypto industry, Solana’s developer base has grown significantly with an 83% year-over-year increase in monthly active developers. Pantera also sees the potential approval of a Solana exchange-traded fund (ETF) as a key catalyst for future growth. Matt Hougan, Bitwise’s Chief Investment Officer, suggests that the current pullback could present a buying opportunity. While altcoins are experiencing significant losses, major cryptocurrencies like Bitcoin, Ethereum, and Solana are poised to attract the attention of institutional investors, Hougan argues. *This is not investment advice.
RWA, TVL Hit All-Time Highs: A Huge Opportunity for the Next Decade of Traditional Finance?
Original Article Title: RWA TVL Hit a New ATH—Don't Get Left Behind Original Article Author: Moomsxxx Original Article Translation: Plain Talk on Blockchain The RWA sector is growing at an astounding pace. Just a few days ago, the total value of RWA hit a new all-time high, and today it has once again surpassed this new record. 1. RWA TVL Despite many ongoing operational frictions related to privacy solutions, digital identity solutions, interoperability, and being a bottleneck for faster adoption, the on-chain funds raised of 20-30 billion USD and around 200 billion USD in stablecoins demonstrate the increasing interest and adoption in this area of the Web3 industry. The current tokenized funds represent only a small portion of the expected growth in the fund industry in the coming years. Likewise, the growth in private credit also reflects market participants' growing interest in opportunities beyond Bitcoin, DeFi native yields, alternative coins, and meme coins. According to @Preqin, the global private credit market's investment size is close to $17 trillion, while according to @RWA_xyz, the size of tokenized private credit is only about $11.9 billion. Active Loan Value - Private Credit Market (Source: RWA.xyz) A deeper analysis of this area, I believe it is necessary to mention that since the market crash of 2022, the reliability of these loans has undergone a significant change, with teams of different platforms becoming more cautious and investing more resources to ensure higher credit quality issuance. From July 2021 to the end of 2022, borrowing was mainly dominated by crypto trading and market-making companies. Therefore, the borrowing sector in this area collapsed in the 2022 bear market. Subsequently, the growth mainly came from funds pool of various RWA transactions, such as consumer asset-backed securities (such as auto loans, credit card debt, student loans, small business loans, etc.), real estate bridge loans, trade finance, and other less volatile asset classes. The proof of this point is resilient protocols like @maplefinance, as demonstrated in the liquidation event on February 3, 2025—a historic event in crypto. For more details, please see the following link: https://x.com/maplefinance/status/1886332880411832514 Additionally, over the past three years, the industry has matured significantly, with continuous emergence of technical solutions aimed at addressing regulatory and privacy obligations, further enhancing this critical area. 2. Opportunity Scale According to @BCG data, tokenizing all global mutual funds could unlock an additional $100 billion in annual returns for investors. At the same time, "sophisticated investors" (sorry, not referring to you) could earn $400 billion by "capturing intraday value changes" (basically, day trading). Based on the historical adoption pattern of ETFs, it is reasonable to estimate that tokenized funds will represent 1% of global mutual fund and ETF assets under management in the next seven years. Global ETF Assets Under Management (Source - J.P. Morgan Asset Management) This implies that by 2030, tokenized assets will exceed $600 billion. Furthermore, if regulators allow existing mutual funds and ETFs to convert into tokenized funds (which is simpler than launching a new tokenized fund), we might see trillions of dollars in asset under management. Given the similar growth expectations prior to the introduction of BTC ETFs, I believe we cannot dismiss the possibility that these figures may be overly conservative, and the actual growth might be astonishingly high. However, even based on these expectations, we are still talking about at least a 200x growth. Let me say that again, at least a 200x growth from now. Are you still sitting there lamenting over not making money temporarily? Give me that yield, please! According to this @BCG study, our industry's investment demand for tokenized funds is approximately $290 billion. This figure includes stablecoin holders, tokenized RWAs, and DeFi protocol demand. I believe this number may be high because it takes into account the growth of the DeFi protocol market cap, and this growth comes from a user base with a higher risk appetite, whose investment preferences may differ from those willing to invest in tokenized assets. A more reasonable approach would be to consider the growth of DeFi Total Value Locked (TVL) over the past two years; nonetheless, it would still be a significant number: $580.6 billion (Source - @DefiLlama). DeFi Total Value Locked (TVL) Nevertheless, the value propositions of tokenized funds and RWAs are undeniable. They provide a channel to access real-world investment opportunities, allowing investors to better diversify their portfolios amidst market dynamics. Imagine if, in the past few months, through @Rabby_io, you could have converted your on-chain tokens into stocks, commodities, and real estate without needing to cash out—wouldn't that be convenient? But why must all this happen? What are the benefits for traditional finance? Lately, on Crypto Twitter (CT), I haven't seen much discussion on this topic, especially amidst the memecoin craze and controversy. We always talk about how Traditional Finance (TradFi) is stepping into the Web3 industry and adopting the technology we are building. But why are they doing this? While I plan to write an article specifically addressing this topic, below are some key points explaining why traditional finance needs and must embrace the crypto rails: Instant settlement as shown in the following figure could potentially add around $500 billion annually to investors' portfolios. Lowering commissions saves another $330 billion, which will ultimately flow into investors' portfolios. Composability tokenized funds will be easier to lend out. Accessible trading tokenization will make it easier for investors to trade assets. How Tokenization Enhances Returns (Source: Boston Consulting Group) 3. Sentiment Comes Second, Momentum Comes First Traditional finance bids farewell, while Crypto Twitter (CT) gets rug pulled. The chart above shows that regardless of the market conditions, especially Crypto Twitter (CT) sentiment (
XRP Price Targets $5 as SEC Acknowledges Bitwise’s XRP ETF
The SEC’s acknowledgement of Bitwise’s XRP ETF has sparked optimism in the XRP community. Crypto analyst Dark Defender predicts XRP could surge to $5, targeting $18 in the long term. The XRP crowd’s getting pretty fired up after some unexpected good news from the SEC. They finally gave a nod to Bitwise’s XRP ETF. Even though XRP’s price hasn’t exactly been setting the world talking lately, this news has got people dreaming big. The market watchers are keeping their optimism alive too. They’re saying if XRP can push past some key price levels, we might see some serious action. Bullish Predictions for XRP The XRP price is currently in a bearish zone, but analysts are optimistic about its future. Dark Defender, a well-known crypto analyst, has set a target of $5.85 for XRP, marking a potential increase of over 260%. If XRP breaks past this level, the next target could be an ambitious $18.23, representing a surge of more than 360%. He stated , “3-monthly update. When most people ponder the #XRP ‘s current correction, XRP moves firmly to his targets. The upcoming most substantial Fibonacci level will be at $5.85. The move below is similar to that in 2017. XRP moved outstandingly after breaking the two white resistances.” The SEC’s acknowledgement of Bitwise’s XRP ETF is seen as a positive step for the cryptocurrency. This is the third XRP ETF to receive such acknowledgement, following similar moves by Grayscale and 21Shares. Institutional interest in XRP is also growing, with major players like Grayscale, CBOE, and Nasdaq filing to list XRP ETFs. In a recent analysis, JPMorgan, a leading global financial services firm, indicated that the Securities and Exchange Commission (SEC) is closer than ever to approving an XRP exchange-traded fund (ETF). The firm also projected that such an ETF could draw in up to $8 billion from investors, highlighting the growing institutional interest in XRP. In other news, recently XRP secured new investments amounting up to $8.5M outperforming Bitcoin and Ethereum amid market turmoil. Despite these developments, the SEC’s approval of XRP ETFs remains uncertain. Experts like Solberg Invest believe XRP is “on the verge of something big,” with a near-term target of $4.4. With growing institutional demand and positive market sentiment, XRP’s future looks promising, though challenges remain. He stated , “ $XRP breakout incoming? The short-term setup looks strong. New ATH target: $4.4Will we see it happen?” XRP is trading at $2.57, with a slight daily decline of 0.84% but a weekly gain of 4.5%. Its trading volume has also increased by 4.2%, reaching $5.08 billion, indicating strong investor interest.
Ripple’s XRP Officially Recognized as Convertible Virtual Currency by the USA, New XRP ATH Price Soon?
Ripple’s XRP is officially recognized as convertible virtual currency by the USA. The XRP price chart is forming a bullish ascending triangle pattern. Analyst expects to see major XRP price surge and a new XRP ATH soon. Ripple’s XRP has been officially recognized as a ‘convertible virtual currency’ by the US Department of Justice Civil Division and FinCEN. This marks the official acknowledgement of XRP as a reputed and trusted virtual currency making the altcoin one of the most highly respected cryptocurrencies in the USA and across the world. Ripple’s XRP Officially Recognized as Convertible Virtual Currency 🚨BREAKING: #XRP has been officially recognized as a 'convertible virtual currency' by the U.S. Department of Justice Civil Division and FinCEN! — JackTheRippler ©️ (@RippleXrpie) February 18, 2025 This is a monumental moment for Ripple’s XRP as the altcoin went through an arduous battle with the SEC under Gendsler’s rule. With Gary Gendsler’s resignation as SEC Chairman following Trump’s US Presidential win, XRP’s victory against the SEC over a years-long battle not only came to a close but went on to be highly commemorated by Trump’s pro-crypto government. Last cycle, XRP missed the pump alongside BTC , ETH, and other popular altcoins due to its battle with the SEC. In 2017, XRP pumped parabolically before hitting a wall due to SEC hindrance. Now, with a clear path ahead and ample global support, XRP has already pumped twice this ongoing bull cycle and analysts are certain another explosive XRP pump is on the horizon. New XRP ATHs on the Horizon #XRP – Is Crashing Hard? 😂🚨 I’ll have to give a slap to anyone who mentions "crash" again! 😅 #XRP is simply filling in the ascending triangle formation. The first attempt? Let’s call it a fake-out! 🔄 Now, we're just retesting the edge of the formation. 📈 As we can see from the post above, one reputed crypto analyst and XRP enthusiast reminds the crypto community of XRP forming its ascending triangle pattern. He believes once this pattern is complete, the price of XRP will surge parabolically and most likely go on to set new ATHs in the coming days ahead. He believes $27 as the next XRP ATH is not a far-fetched expectation.
Bitcoin (BTC) Is Having Trouble Rising! Or Is the Bull Over? CryptoQuant CEO Explained!
While the leading cryptocurrency Bitcoin (BTC) is having difficulty rising, questions about whether the bull is over have begun to increase. At this point, CryptoQuant CEO Ki Young Ju came with news that would please investors. Sharing from his X account, Ju argued that there is a risk that Bitcoin could fall to $77,000 within the year, but the bull market will still continue. The famous CEO claimed that Bitcoin remains in a bull cycle despite being sideways for a month and not being able to regain $100,000. Ju said that Bitcoin had a slow start to 2025 but he expects higher levels to be seen throughout 2025. Ju stated that there will be no bear market this year and said: “I don't think we're going to enter a bear market this year. We are still in a bull cycle. The price will eventually move higher, but the range looks wide. Personally, I think the bull cycle can continue even if there is a 30% drop from ATH (e.g. 110K → 77K) as seen in past cycles. The CryptoQuant CEO also pointed to several critical cost floors for U.S. spot Bitcoin ETF investors, including the $89,000 total cost floor, noting that $89,000 has served as a key support since November. *This is not investment advice.
Will XRP’s Price Climb As ETF Progress Unfolds?
XRP jumps over 6%, trading at around $2.70. Brazil approves its first-ever spot XRP ETF, managed by Hashdex. Ripple’s XRP is navigating a mixed trend as the crypto market experiences a mild recovery, with technical data hinting at potential turbulence ahead. The asset has posted a 6.23% gain. XRP has attempted to form new highs but caught in resistance and couldn’t cross over the $2.75 mark. In the early hours, the asset traded at a low of $2.55. With the emergence of bulls, the price mounted toward the daily high of $2.74. XRP price chart (Source: CoinGecko ) At the time of writing, the asset trades at $2.70 with its daily trading volume reaching $5.41 billion. The market has witnessed an $8.02 million liquidation of XRP during this timeframe. Notably, Brazil’s CVM has approved the Hashdex Nasdaq XRP Index Fund, making it the first spot XRP ETF to receive official regulatory backing. Further more, the U.S. SEC has officially acknowledged Bitwise’s XRP exchange-traded fund (ETF) filing. Meanwhile, major firms like Bitwise, 21Shares, and Grayscale have filed applications for spot XRP ETFs. However, the SEC has yet to approve the applications. As per analysts’ opinion, the SEC may delay the approval until its lawsuit against Ripple is resolved. Where is XRP’s Price Path Heading? XRP’s Moving Average Convergence Divergence line is stationed above the zero line but the signal line is below it. This crossover indicates mixed signals as the positive MACD infers an uptrend, while the signal line below zero displays lingering bearish pressure. XRP chart (Source: TradingView ) Moreover, the Chaikin Money Flow (CMF) indicator value of -0.04 suggests a weak distribution, and the money flow is slightly negative. This is not enough to confirm the downtrend. In the meantime, the asset’s daily trading volume has spiked by over 10.42%. A steady positive shift will nullify the bearish outlook . If the XRP price soars, it could breach the resistance formed at $2.78. In the event of a breakout above this zone, this could open the gate toward $3. Assuming the upside correction to sustain, the asset could inch close to its ATH. Should XRP fail to hold the $2.67 support range, it risks a drop toward a low of $2.50. A confirmed death cross often triggers a downside correction and that could delay any of the recovery attempts. A decisive push may force the asset to retest its established bottom. The 24-hour frame of XRP exhibits the Bull Bear Power (BBP) reading at 0.1360, pointing out the bullish dominance. Besides, the altcoin’s daily relative strength index (RSI) is settled at 51.64, which infers a neutral market with no strong bullish or bearish momentum. Disclaimer: The opinion expressed in this article is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing. Highlighted Crypto News US SEC Acknowledges First-Ever Ethereum ETF Staking Proposal
Bitcoin Goes Mainstream: Over 1,500 Financial Institutions Have BTC Exposure
There were 1,573 institutions with long exposure to Bitcoin as of the end of 2024, according to findings from Bitcoin analyst and educator Sam Callahan. The researcher took a deep dive into US Securities and Exchange Commission 13F filings, which are forms that large investment firms submit quarterly to disclose their holdings of stocks and equity-related assets. The institutions included banks, hedge funds , registered investment advisors, family offices, endowments, pensions, sovereign wealth funds, and other asset managers, he noted. Early Stage Institutional Interest However, he noted that these 13F filings only contain a firm’s long positions in US equity-related assets. They exclude assets such as bonds, real estate, commodities, venture capital, futures, cash, and spot Bitcoin ETFs, so they only provide an “incomplete picture” of a firm’s total portfolio. However, the median Bitcoin position across institutions was just 0.13%, indicating that adoption was still in very early stages. Some notable firms with significant Bitcoin allocations include Horizon Kinetics, with $1.3 billion exposure or 16%, Bracebridge Capital has $334 million exposure or around 24%, Tudor Investment Corp as $436 million, 1.6% while Brevan Howard has 8.7%, equating to $1.4 billion in Bitcoin. Large quant and market-making firms such as Millennium, Jane Street, and Citadel hold Bitcoin ETFs, but primarily for arbitrage, not for long-term investment, he noted. Meanwhile, banks like JPMorgan and Goldman Sachs have small Bitcoin ETF holdings, mainly for market-making purposes, due to current regulatory restrictions. Overall, Bitcoin is gaining traction as an institutional asset, but its adoption is still in its early stages. Only 19% of the 8,190 13F filings last quarter reported BTC exposure. “Institutional investors managing trillions of dollars are still just dipping their toes in this market,” he said before concluding: “As more enter the fray—or those already in increase their allocations—the inflows could drive Bitcoin to new heights and change its investor base forever.” SEC Filings at ATH On Feb. 19, Alphractal founder and CEO Joao Wedson observed that SEC filings mentioning the top two crypto assets are at record levels. “A major movement in crypto is coming as SEC filings mentioning ‘Bitcoin’ and ‘Ethereum’ have hit an all-time high! Institutions are in the game, and things are heating up,” The improved regulatory landscape in the United States under the new Donald Trump administration has been tipped to accelerate the adoption of Bitcoin and crypto as they go mainstream. Meanwhile, retail is still showing weak hands, with markets remaining range-bound for most of this month.
Solana Is Oversold, Price Recovery From $170 May Face Challenge
Solana’s price has faced significant challenges in recent months. After reaching its all-time high (ATH) of $295 in mid-January, the altcoin has seen a steady downtrend, now trading around $173. Despite efforts to bounce back, Solana’s recovery appears difficult due to a combination of market sentiment and investor skepticism. Solana Is Facing Bearishness On Multiple Fronts The weighted sentiment surrounding Solana has taken a bearish turn, with many holders expressing a lack of confidence in the token’s recovery. Investor sentiment plays a crucial role in the success of any cryptocurrency, and the prevailing skepticism among Solana holders could prevent further positive momentum. As a result, many investors are holding off on participating in the network, stalling any potential price growth. This shift in sentiment has a direct impact on Solana’s price movement. If holders remain bearish, it may result in decreased trading activity, further discouraging potential buyers and hampering recovery. With Solana’s price continuing to fluctuate around $170, a major shift in sentiment will be necessary for the altcoin to regain any substantial traction in the market. Solana Weighted Sentiment. Source: Santiment In terms of macro momentum, technical indicators such as the Relative Strength Index (RSI) show mixed signals. Recently, the RSI for Solana fell into the oversold zone below 30, a common trigger for reversals in price action. However, while this typically indicates a potential for recovery, Solana has struggled to exhibit the sharp rebounds typically seen after such dips. This sluggish recovery suggests that the altcoin may face difficulties in making a strong comeback, especially when weighed down by broader market conditions. Solana RSI. Source: TradingView SOL Price Faces Resistance Solana’s price is currently at $173, facing resistance at the $183 level. Given the current bearish sentiment, Solana might struggle to break this resistance and continue its rally. If it fails to breach $183, the altcoin could experience further downward pressure, with the next critical support level at $161. Failure to hold the $161 support could result in an even steeper decline, bringing Solana’s price closer to the downtrend line and potentially triggering additional losses. Losing this key support could signal prolonged bearish sentiment, extending the losses for SOL holders. Solana Price Analysis. Source: TradingView However, should Solana successfully breach $183, it could reclaim upward momentum and push towards $201. This breakout would invalidate the current bearish thesis and help recover some of the recent losses. The ability to secure $183 as support will be pivotal in determining whether Solana can reverse its current downtrend.
New Bitcoin Spiral Clock Model Predicts When BTC Bull Run Will End
Bitcoin’s bull run is projected to peak between October and December 2025, reaching $270K–$300K. The Bitcoin Spiral Clock model aligns price cycles with halving events, predicting a late 2025 market top. According to the Bitcoin Spiral Clock model, Bitcoin’s bull cycle is projected to peak between October and December 2025. This tool, which tracks Bitcoin’s price movement through halving events and block formations, predicts a final surge to $270,000–$300,000 before the cycle ends. The rally could gain momentum once Bitcoin crosses the $100,000 threshold, a key resistance level. Investors are closely monitoring price milestones as BTC consolidates around $96,000. Bitcoin Spiral Clock Model Clock Signals Bull Cycle Peak The Bitcoin Spiral Clock is a newly introduced analytical model that maps Bitcoin’s price cycles to specific time points. Developed to align with halving events and block counts, the model suggests that each major price peak corresponds with a distinct clock position. On February 14, 2025, Bitcoin reached 2:30 on the Spiral Clock upon forming its 883,750th block. This milestone points toward the next critical event at 4:30, expected on October 15, 2025. Analysts note that past market peaks in 2017 and 2021 also aligned with similar clock positions, reinforcing the model’s reliability. On Valentine’s Day, we finally hit 2:30 🕝 on the #Bitcoin ₿ Spiral Clock. That was the 883,750th #Bitcoin Block. The major milestone of 4:30 🕟 (October 15th, 2025) is near where the previous two Cycles had their all time high peaks (2017 2021). When could #Bitcoin hit… pic.twitter.com/JLsoJCxAN1 — John Osterman (@JohnXOsterman) February 16, 2025 According to John Osterman’s analysis, Bitcoin’s all-time high (ATH) could occur between 4:00 and 5:00 on the clock, translating to a peak between October and December 2025. If the pattern holds, the final leg of the bull run may drive Bitcoin to the $270,000–$300,000 range before the cycle concludes. Key Milestones Before the Bull Run Ends The Bitcoin Spiral Clock model.Source: John Osterman on X Before reaching its projected peak, Bitcoin must first surpass several critical price levels. Analysts predict BTC will hit $200,000 by April 16, 2025, coinciding with 3:00 on the Spiral Clock (892,500th block). Another significant milestone at 3:30 (901,250th block) on June 15, 2025, could further support the uptrend. Bitcoin has been consolidating between $94,000 and $100,000 for nearly two weeks. Some traders speculate that a short squeeze could force short positions to cover, leading to a rapid price spike. Crypto analyst CrypNuevo has highlighted two key levels to watch: $93,300 as a potential support in case of a correction and $99,200 as a breakout target. Trader CJ, meanwhile, sees $102,500–$105,000 as a short-term ceiling but warns that a temporary drop to $80,000 remains possible before a sustained recovery. Here's a slightly more zoomed out update on $BTC and thoughts for going into the week. This has been an insane region for chop, but I think we're starting to see slightly more productive price action. I'm long since 95.4k and TP'd some into 98.1k. We have a local range, so… pic.twitter.com/nHCFELssPv — CJ (@CJ900X) February 16, 2025 Per a CNF report, veteran trader Peter Brandt has identified a head and shoulders pattern in Bitcoin’s price chart. Brandt outlined three possible outcomes: Bitcoin could complete the pattern and drop to $76,000, fail with a bear trap, or morph into a larger formation. While the pattern suggests potential short-term volatility, Bitcoin’s broader uptrend remains intact. Despite market uncertainty, the Bitcoin Spiral Clock model suggests that the bull cycle is still in progress. The projected price surge to $270,000–$300,000 by late 2025 would mark the end of this cycle, reinforcing the model’s historical accuracy. Recommended for you: Buy Bitcoin Guide Bitcoin Wallet Tutorial Check 24-hour Bitcoin Price More Bitcoin News What is Bitcoin?
Litecoin Price Eyes $180 as Momentum Builds Above Critical Support
Litecoin is showing bullish momentum and targeting $180. Support at $103 is key for continuing Litecoin’s upward trend. The price is gaining strength and could grow further if it stays above $103. Dom, a professional market analyst, predicted bullish trends for Litecoin (LTC) with a target of approximately $180. However, the crypto market has been nothing but constant change, making LTC break much of its considerable resistance levels and now showing evident signs of bullish motion. The price actions show a strong trend upwards because LTC has continued to perform excellently relative to its All-Time High (ATH) Volume Weighted Average Price (VWAP), and analysts feel it can achieve new highs . Crazy to say, but I think $LTC is headed to ~$180 Historically speaking, this is nothing like a topping formation Tops have always been put in quick (circles) Price is bullish above ATH VWAP, full invalidation being acceptance below ~$103 pic.twitter.com/PKADgc8PG5 — Dom (@traderview2) February 18, 2025 But the main obstacle to this bullish outlook is the risk of invalidation, represented by a drop beneath $103. This would greatly weaken any bullish structures, forcing market participants to reconsider their positions. A Bullish Sentiment Above Key Support Level for LTC/USD Litecoin, currently trading way above the ATH VWAP, shows strong momentum. In terms of historic background, the recent price formations do not look like a topping formation. Rather, they depict a healthy uptrend. Price tops in past market cycles were restricted, and that pattern is upheld. The sustained ability of the market to remain above the ATH VWAP without any signs of topping adds confidence to an analyst’s view on further growth potential. Litecoin is still trading strongly above the important support levels, and a rally towards $180 has a chance of becoming reality as this would be a new high for the asset. On the technical side, Litecoin is clearly showing bullish price action over the past months. Bullish chart patterns show that major price resistance levels are being cleared, and the bulls seem to have gained control. While the price continues on the uptrend, any substantial drop below $103 would put the bullish outlook under considerable risk and call for caution. However, if LTC continues with the current momentum above this support level, the prospects of reaching $180 remain open, and this target could be achieved within the next few months. Dom’s analysis also corroborates this market sentiment , whereby the rallies of Litecoin have strong support from volume and technical indicators. Key Level to Watch for Litecoin: $103 as the Support Zone Litecoin could soon hit the price of $180, mainly driven by a very sweet market sentiment gathering heat under bullish price action. Important for traders and investors, however, is the price level of $103, around which transactions would be validated. If LTC stays above this, potential for upward movement seems very concrete, but a fall below would prompt a restructuring of how the market is envisaged.
Can Hyperliquid (HYPE) Hold Firm Or Is $10 The Next Stop?
Hyperliquid has recorded a loss of over 7%, trading at $22. HYPE’s daily trading volume has increased by 44%. As bearish pressure grips the crypto market, Bitcoin and Ethereum stall at resistance. The altcoin Hyperliquid (HYPE) followed suit and landed among the top losers, taking a sharp 7.84% hit. HYPE’s crucial resistance levels at $32.27 and $35 are to be tested to confirm the breach of its ATH. With the bull support, the altcoin can eye more upside. Hyperliquid opened the day trading at a high of $24.81, and the bears pulled it back to a low of $22.32 mark. At the time of writing, the altcoin traded at $22.90, with its market cap reaching $7.65 billion. Notably, the daily trading volume of HYPE has increased by over 44.75%, resting at $326 million. In addition, HyperLiquid has invited attention with the launch of HyperEVM and its bug bounty program to upgrade platform stability and security. It provides considerable rewards for developers who identify the vulnerabilities within the system. Does HYPE Have More Downside Ahead? Assuming the in-progress downside momentum continues, Hyperliquid could descend toward the $17 range. In the case of the HYPE market turning highly bearish with sturdy selling pressure, the price might plunge to its former lows. In defiance, if the downtrend reverses, the asset could climb to its immediate resistance at $27.74. If the upside correction persists, a steady surge in price might likely push the asset to a high above its all-time high set two months ago. The Moving Average Convergence Divergence (MACD) line and the signal line are located below the zero line. It confirms a strong bearish crossover in the market. Traders interpret this to avoid long positions or consider shorting opportunities. HYPE chart (Source: TradingView ) Besides, the Bull Bear Power (BBP) indicator at -2.296 suggests that bears are in control, pushing prices lower. The more negative the value, the stronger the bearish momentum. This signals a potential weakness in price action. Moreover, the daily frame of Hyperliquid displays the daily relative strength index (RSI) of 46.29 pointing out the neutral to slightly bearish momentum. The short-term 9-day moving average is found above the long-term 21-day moving average. Disclaimer: The opinion expressed in this article is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing. Highlighted Crypto News Howard Lutnick Takes Charge as the 41st U.S. Commerce Secretary
Ethereum Ascending Triangle Ignites Bullish Pump Sentiment, Next ETH ATH in the Making
Ethereum ascending triangle ignites bullish pump sentiments. The crypto market faces dark rug pull phase and ETH ignites hope. New ETH ATH could lead to altseason peak phase soon. The crypto space is going through a rocky phase at the moment, degens are memecoin holders are feeling the volatile nature of the crypto market . This paired with the latest LIBRA and MELANIA rug pulls have put the crypto community in a state of fury and FUD. Despite this seasoned analysts remain calm and hold onto hope for a glorious altseason. Ethereum Ascending Triangle Formation #Altcoins Every Altseason starts with $ETH starting to draw attention to itself. It's in the process of reclaiming a trend line that has held for 3 YEARS.👀👀🔥 That would be incredibly bullish, because we would then be talking about an ascending triangle. HIGHOOOR pic.twitter.com/9pZxhkxGBq — 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 (@el_crypto_prof) February 17, 2025 As we can see from the post above, this analyst believes that altcoins are ready to flow into the altseason peak phase. The post highlights how every altseason starts with Ethereum (ETH) starting to draw attention to itself and the pioneer altcoin asset is now in the process of reclaiming a trend line that has held for three years. Adding on, the analyst highlights a highly bullish indicator on the ETH price chart which is a lead up to an ascending triangle formation. All in all, the analyst expects an incredible pump for ETH leading to higher prices soon. Meanwhile, many other analysts are also noticing similar bullish patterns on the ETH price chart. Multiple New ETH ATHs on the Horizon $ETH bottom is in Now it needs to bounce back towards the range high and make a new ATH next pic.twitter.com/BAlTqN5mtl — Crypto Yoddha (@CryptoYoddha) February 17, 2025 As we can see from the post above, this analyst claims that the ETH bottom is on and the next leg up for ETH price is on the horizon. In detail, this analyst expects ETH to bounce back towards the range high and set a new ATH next starting with $7,000 and then a possible greater pump to the $10 ,000 target.
XRP at Critical $2.70 Level as Holders Show Strength
XRP is attempting to break through a potentially bearish pattern, and should it succeed, the path towards a new all-time high (ATH) could be paved. The currently observed pattern, though typically seen as bearish, could present a recovery opportunity. This potential bounce back is contingent upon the active participation of long-term holders (LTHs) in supporting the altcoin. Recent data indicates an increase in the Mean Coin Age (MCA), suggesting that long-term holders are retaining their positions. This trend reflects their optimism in XRP's future prospects. The steadfastness of these investors is vital for any potential price recovery, as they often form the core support of a cryptocurrency. The decision by LTHs to maintain their holdings implies a positive outlook for XRP. This confidence could be a catalyst for driving the cryptocurrency towards a new ATH, given sustained support through the current market phase. The broader technical indicators for XRP are showing bullish potential, especially with the Ichimoku Cloud analysis. The trading activity above the cloud indicates a positive sentiment that could sustain XRP’s upward momentum. If this trend holds, it may push XRP to breach key resistance levels, further increasing prospects for a significant rally. Presently, the Ichimoku Cloud analysis suggests a favorable trajectory for XRP, supporting expectations for an upward price movement. This aligns with the outlook of XRP potentially achieving a breakout and establishing a new ATH. Currently trading at $2.67, XRP aims to establish $2.70 as a stable support level, which would validate the ascending wedge pattern. Despite its customary bearish implications, the pattern provides XRP with ample scope for upward movement before considering any major correction. Should XRP maintain support at $2.70, it could surpass the existing resistance of $3.40, marking a new high for the altcoin. However, securing $2.95 as a strong support level is essential for sustaining this rally, an outcome that seems probable given the prevailing market sentiment and technical signals. Failure to hold the $2.70 support could result in a fallback to $2.33, which would undermine the bullish outlook and disrupt the current pattern. Such a scenario might delay the potential for setting a new ATH.
XRP Price Prospects: Long-Term Holders Signal Potential Rally Towards New All-Time High
XRP’s long-term holders are backing its price, boosting confidence as the altcoin eyes a potential 27% rally to a new ATH. The Ichimoku Cloud signals bullish momentum, with XRP trading above key levels, reinforcing its chances of a sustained uptrend. Holding $2.70 as support is crucial; a breakout above $3.40 could confirm a new ATH, while failure risks a drop to $2.33. XRP is on the brink of a potential price rally, driven by strong long-term holder support and positive market signals, paving the way for a new ATH. XRP Holders To The Rescue The Mean Coin Age (MCA) is showing an uptick, signaling that long-term holders (LTHs) are holding their positions rather than liquidating them. This behavior indicates optimism among the LTHs, as they believe in the future potential of XRP. Their support is crucial for any potential price recovery, as these investors are often considered the backbone of any cryptocurrency. As the LTHs continue to hold onto their positions, it suggests that they are confident in XRP’s prospects. This confidence could help propel XRP towards a new all-time high (ATH) should they continue to support the price through this phase. The broader macro momentum of XRP is currently exhibiting bullish signs, driven by the Ichimoku Cloud analysis. The candlesticks are trading above the cloud, a strong indicator of bullish sentiment. If this trend continues, it could provide further support for XRP’s price, pushing it toward the next key resistance levels and increasing the likelihood of a significant rally. For now, the Ichimoku Cloud indicates that XRP is on a positive trajectory. Should the altcoin maintain this bullish trend, it may pave the way for future price increases, supporting the theory that XRP is primed for a potential breakout and the formation of a new ATH. XRP Price Prediction: Finding A Way Up XRP is currently trading at $2.67 and is aiming to secure the $2.70 level as a support base. This would validate the broadening ascending wedge pattern, which, while traditionally bearish, offers significant room for upward movement before any major correction occurs. If XRP successfully holds the $2.70 support, it could push past the current resistance at $3.40, which marks the existing ATH. This breakout would signal the formation of a new high for the altcoin. However, maintaining $2.95 as support will be crucial for the continuation of this rally. Given the current market sentiment and technical indicators, this scenario seems likely. Should XRP fail to maintain $2.70 as support, the altcoin risks a pullback to $2.33, invalidating the bullish thesis. Such a decline could disrupt the current pattern, postponing any recovery and delaying the path to a new ATH. Conclusion XRP is poised at a pivotal point, supported by its long-term holders and positive technical indicators. By securing critical support levels, XRP has the potential to initiate a significant price rally, aiming towards new heights, while maintaining prudent risk management is essential for investors moving forward. In Case You Missed It: Binance Plans Delisting of AMB, CLV, STMX, and VITE Unlikely to Predict Future Price Stability
Is Ethereum Preparing to Rise from the Ashes? Whales Expect These Levels in ETH in March!
While Bitcoin (BTC) broke new records by surpassing its previous ATH seen in the 2021 bull run, Ethereum (ETH) draws attention with its weak performance. At this point, ETH still hasn’t surpassed its ATH of over $4,890 from three years ago (November 2021), while its price continues to trade around 44% lower. However, options traders are bullish on Ethereum in the medium term. Nansen research analyst Nicolai Sondergaard said that Ethereum options traders are bullish. Accordingly, Nansen analyst stated that more than 70% of the open interest of the options is in call contracts, and said that more and more investors are betting on ETH and expecting an increase. The analyst added that although investors expect a bullish outlook for Ethereum, they continue to act cautiously. “Ethereum options traders are mostly focused on calls. There is a lot of focus on February and March expiration times, especially for the $3,000-$4,000 levels. “The low Put/Call Ratio also supports investors' optimism. For these reasons, investors seem confident about medium-term growth in Ethereum.” Sondergaard said that despite the optimistic outlook, whales are cautious about the ETH price, indicating that there is still downside risk for ETH. “Some major players are hedging against downside risk in ETH with puts (22% of block trades), suggesting that while they are generally bullish, they are also wary of downside risks,” the analyst said. Ethereum, which has gained 4.6% in the last 24 hours, continues to be traded at $2,805 at the time of writing. *This is not investment advice.
Shiba Inu Price Prediction: When Will SHIB Cross Former ATH And How Does WallitIQ (WLTQ) Compare?
Shiba Inu (SHIB) has struggled to regain its former glory. Many investors who once believed in its potential have begun to lose hope, questioning whether the Shiba Inu price will ever cross its former ATH. Its prolonged stagnation has left traders searching for better opportunities in the crypto market. That search has led them to a new AI crypto, WallitIQ (WLTQ). This AI coin is on presale and is predicted to rally by 50,000% in the coming months. Top Traders Turn To WallitIQ (WLTQ) As Shiba Inu Price Remains Stagnant The Shiba Inu price reached an all-time high of $0.00008845 in October 2021, fueled by social media hype, endorsements from influential figures, and the overall bullish momentum of the crypto market at the time. However, since then, the Shiba Inu price has failed to recapture that moment and is struggling to gain the momentum for another rally. A very high circulating supply might also have contributed to the dilution, making Shiba Inu price surges less impactful than those of low-supply tokens. Presently, the Shiba Inu price is at $0.00001597, and its chances of crossing its former ATH anytime soon are slim. Hence, smart investors are already looking at alternatives with better growth potential. WallitIQ (WLTQ) Could Outperform Shiba Inu (SHIB) With 50,000% Gains One project that has caught the attention of top traders is WallitIQ (WLTQ), a new AI-powered cryptocurrency with the potential for explosive growth. Analysts believe that while the Shiba Inu price remains stagnant, this AI token could deliver gains as high as 50,000% in the coming months, making it a much more attractive investment option. On presale for just $0.0420, this AI coin’s enormous growth potential could outperform Shiba Inu (SHIB) in every way. Real-World Utility Sets WallitIQ (WLTQ) Apart From Shiba Inu (SHIB) WallitIQ (WLTQ) stands out as a utility-driven crypto asset, offering an AI-powered DeFi wallet designed for security, cost-effective transactions, and user-friendly trading tools. Unlike Shiba Inu, which primarily thrives on community hype, WallitIQ (WLTQ) delivers tangible benefits through real-world applications that drive long-term value. WallitIQ (WLTQ) integrates biometric authentication, AI-powered anomaly detection, and a smart contract audit by SolidProof. These features provide guaranteed asset protection and a secure trading environment free from common vulnerabilities in the crypto space. The platform offers cost-efficient transaction solutions by allowing users to pay fees directly with its native AI token, significantly reducing costs. Real-time price tracking via the CoinGecko API and interactive candlestick charts empower traders with valuable insights for informed decision-making. Additionally, the platform allows users to simulate the management of multiple ETH and USDT wallets, testing transactions in a risk-free environment without interacting with a mainnet or testnet. With its recent listing on CoinMarketCap and the anticipated beta platform launch, investor interest continues to grow, positioning WallitIQ (WLTQ) as a promising asset. WallitIQ (WLTQ) also incentivizes long-term participation with staking rewards of up to 180% APY, unlimited referral bonuses, and exclusive community incentives such as airdrops and NFT releases. The AI token is on presale for just $0.0420 allowing investors to buy as many units as possible before the anticipated 50,000% rally Don’t Get Left Behind Many investors have lost hope of a Shiba Inu price rally as it has stagnated for far too long. WallitIQ (WLTQ) is still in its early stage and investors have predicted a 50,000% rally soon. Now is the best time to join the presale before this inevitable price surge. Those who act fast will reap massive rewards. Will you seize this opportunity or watch from the sidelines as others make life-changing gains? The choice is yours. Join the WallitIQ (WLTQ) presale now at just $0.0420 or be among those who will regret missing out on this opportunity. Join the WallitIQ (WLTQ) presale and community: Website: https://wallitiq.io/ Whitepaper: https://wallitiq.gitbook.io/wallitiq Telegram: https://t.me/wallitiqofficial Twitter/X: https://x.com/wiqnetwork Instagram: https://www.instagram.com/wallitiqnetwork
Why Tron’s TRX Could Be Building Up Bullish Momentum
The Tron network has been experiencing a resurgence of activity and excitement over the last few days. But could this trigger enough demand for a sizable Tron coin recovery? Just like most other cryptocurrencies, TRX experienced a substantial pullback from its December peak. For context, its $0.238 press time price tag was equivalent to a 46% discount from its $0.449 historic all time high achieved on 4 December. TRX price action / source: TradingView TRX demonstrated clear signs of support at the $0.21 price level where sell pressure appears to have leveled out. Nevertheless, the cryptocurrency’s MFI recently soared to its highest level so far this month, which means liquidity has been flowing back into the cryptocurrency. While Tron coin’s current price tag may not necessarily indicate strong demand. However, there are some observations which may point towards bullish momentum build-up. - Advertisement - Among those observations include a mid-month shift from negative to positive funding rates. Tron Stabecoin Marketcap Surges to a New ATH Tron coin has been on the forefront of stablecoin growth in the last 12 months and it seems to be keen on maintaining that status. The network’s stablecoin marketcap just surged to $62.44 billion which marks a new all-time high. Tron TVL and marketcap / source: DeFiLlama Tron’s latest market cap growth means it controls roughly 27.71% of the total stablecoin marketcap. But, what does this mean for the network? Stablecoins have been at the forefront of Tron’s growth strategy in a bid to leverage robust revenue growth. This impressive stablecoin marketcap growth means Tron coin is ready to take advantage of robust stablecoin demand. The recent new ATH makes Tron one of the most liquid networks. Meanwhile, the network has been experiencing significant TVL outflows in the last 12 months. For context, Tron TVL hovered around $66.04 billion in total value locked exactly 12 months ago. That figure has since declined to $5.84 billion which is quite a huge drop but still a large figure nonetheless. Tron Coin Ranks High in Terms of Fees While Tron’s aggressive liquidity growth underscores readiness for a strong bullish move, it may already be influencing liquidity. The network just ranked as the second highest DeFi protocol in terms of fees generated. Source:X Tron was second to Tether’s USDT in the ranking, which puts into perspective the level of utility that the network has been achieving. According to the ranking, Tron generated an impressive $60 million in revenue in the second week of February. Tron’s impressive revenue points to strong network activity. The higher the level of network activity, the more the demand for TRX. These developments may boost the level of confidence among investors. For now, the demand for Tron coin remains limited and in tune with the prevailing market sentiment. In other words, TRX could be a healthy candidate for a healthy uptick once the bulls regain control.
Will Bitcoin Drop Below $80K Before Reaching a New ATH? (BTC Price Analysis)
Bitcoin’s price has been consolidating in a tight range, giving no indication about whether it’s going to recover or experience a deeper correction. Figuring out whether there is an accumulation or a distribution happening would be key to determining the future direction of the market. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has been moving sideways since breaking below the $100K level, while also being supported by the $92K level. While the RSI has been showing values below 50%, which indicates the momentum is bearish, the market still remains above the 200-day moving average, which is currently located at around the $80K mark. Yet, there is still the possibility of a deeper drop toward the $80K zone before a bullish continuation could be expected. The 4-Hour Chart Looking at the 4-hour chart, it is evident that the price has been creating a symmetrical triangle pattern, which is yet to be broken to either side. Currently, the market is likely to test the lower boundary of the pattern once again, as it has recently been rejected from the higher one, and the RSI has also dropped below 50%, which further strengthens the probability of a bearish move in the short-term. If the triangle is broken down, a decline toward the $92K area would be imminent. On-Chain Analysis By Edris Derakhshi (TradingRage) Exchange Reserve The BTC price action has been quite choppy and has failed to begin a definitive move in either direction. Therefore, analyzing the accumulation and distribution behavior of market participants could be very helpful. This chart presents the BTC exchange reserve metric, which measures the amount of Bitcoin held in exchange wallets. It is usually seen as a proxy for supply, as these coins can be sold quickly and add to the selling pressure. As the chart suggests, the exchange reserve has dropped rapidly over the past few weeks. However, in recent days, there has been a slight increase, which might indicate market participants’ uncertainty and lack of conviction about a price rally in the short-term. As a result, if this increase continues, the price will likely drop lower in the upcoming days.
Bitcoin Holds Above $88K as Traders Watch for a Move Past $100K
Bitcoin is in a stable zone as it builds strength above its last high and traders expect a strong move soon. Past patterns suggest Bitcoin may rise again after this phase as support levels hold firm and traders stay hopeful. A short dip to $80K could happen before Bitcoin moves up again as its trend shows signs of another breakout. Bitcoin ( BTC ) is currently undergoing a multi-week consolidation phase, holding above crucial market support, according to analyst Anup Dhungana. As of press, BTC is trading at $88,991, with a daily high of $89,210, suggesting sustained bullish momentum despite temporary resistance. The consolidation, marked by a green box, aligns with previous market cycles where Bitcoin consolidated briefly before explosive moves to the upside. Source: Anup on X Bitcoin’s Historical Price Patterns and Current Setup The chart presents a clear fractal structure, showcasing repeated consolidation patterns followed by price expansions. Dhungana highlights how Bitcoin has experienced smaller green box consolidations, followed by yellow box consolidations, which preceded rallies. BTC is above the bull market support band, a key technical indicator suggesting that the uptrend remains intact. A difference this time is that Bitcoin is consolidating above its previous all-time high (ATH) levels, a historically bullish sign. In previous cycles, BTC faced multiple rejections around the $64,000–$69,000 zone, as indicated by the three green circles marking prior resistance levels. However, the latest price action suggests a breakout, with Bitcoin establishing new levels of support above its previous ATH. Key Levels and Market Expectations Bitcoin’s price movement suggests that, while the uptrend remains intact, a liquidity grab could occur around $80,000, before further continuation to the upside. The bull market support band, represented by the blue curved line, has historically acted as an area for buyers to step in during corrective phases. Given this structure, traders should be prepared for temporary pullbacks, but the broader trend remains bullish. The upper trendline, which previously acted as resistance during past cycles, has now flipped into support—another indicator of long-term bullish momentum. If Bitcoin follows its previous fractal behavior, the next price leg could see BTC testing $100,000 and beyond, with further consolidation expected before another rally. Market Sentiment and Conclusion Despite potential short-term corrections, the overall sentiment remains bullish, as reiterated by Dhungana. The 811 views and growing engagement on his analysis reflect increasing market interest in BTC’s next move. Traders and investors should watch for confirmation of the $80,000 liquidity sweep, as well as BTC’s ability to maintain support above the bull market band. If history repeats itself, Bitcoin could be in the final stages of a consolidation phase before pushing into six-digit territory. With its current trajectory, BTC continues to prove why it remains the dominant force in the crypto market . DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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