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 chips for professional AI/ML tasks. Aethir also supports cloud gaming clients with their virtual computing phones and GPU's through contracts with the world's largest telecommunication company. Everything within the Aethir ecosystem will be decentralized and community-owned.
3.6 Billion In Bitcoin Swallowed In 24 Hours... What If It Was A Sign?
As Donald Trump was reigniting his trade war with China, causing sudden volatility in the markets, bitcoin whales seized the opportunity. On April 9, 2025, so-called “accumulation” addresses received 48,575 BTC, amounting to $3.6 billion — the largest daily influx since February 2022. Bitcoin Whales: A Troubling Coincidence Between 2022 and 2025 Donald Trump’s announcements about rising tariffs caused a shock in the crypto market, with $200 million liquidated in 24 hours . Three days later, on April 9, 2025, bitcoin whales absorbed 48,575 BTC, representing $3.6 billion — a record never reached since February 2022. These addresses, often associated with a long-term conservation strategy, are known to buy during pullback phases. For comparison, BTC was worth about $38,400 in 2022, compared to $76,000 at the time of purchase, which shows that these players remain active, regardless of price levels. BTCUSD chart by TradingView Meanwhile, data from Santiment highlighted 132 new addresses holding more than 10 BTC created in just 24 hours. This double signal, both quantitative and behavioral, reflects a strengthened confidence from whales and sharks in the market’s resilience. In times of geopolitical uncertainty, bitcoin seems more than ever to play its role as a safe haven. Is the BTC ATH in June Confirmed? This massive accumulation by whales could signal something bigger, namely, a surge in bitcoin. Indeed, this buying strategy during market pullbacks coincides with optimistic forecasts where some analysts anticipate a new BTC ATH in June 2025! On-chain data and the increase in wallets holding more than 10 BTC reinforce this bullish outlook. All of this data shows that major market players are not fleeing from volatility, but rather exploiting it. At every political tension, they seem to see a strategic buying opportunity. This new massive influx of bitcoin confirms a typical behavior of whales: buying the dips, regardless of the cause. To be monitored closely, as these signals can precede major bullish movements .
Bitcoin Weekend Pump to $85K: Is the Rally Real or a Trap?
This weekend, Bitcoin (BTC) pushed up 5% to once more flirt with $85,000, but seasoned analysts aren’t cheering just yet, suspecting a fakeout. Crypto investor Daan Crypto Trades dropped a spicy warning, noting that the number one cryptocurrency has formed weekend gaps for six weeks in a row, with its price retracing hard by midweek every single time. Weekend Mirage Strikes Again? The market watcher pointed out that Bitcoin’s weekend pumps, often fueled by low liquidity and hype, tend to reverse within days. “Whenever a move is made during the weekend, it almost always retraces that move within the same following week,” he cautioned his 403,000 followers on X. “So the saying usually is to not always trust the weekend move, even if it extends a little further early in the week,” he added, sharing a chart of BTC’s recent “gap-and-trap” pattern. But not everyone is buying the dip doom narrative. In his usual provocative fashion, former BitMEX CEO Arthur Hayes declared, “It’s on like Donkey Kong,” pointing to signs that the U.S. Federal Reserve may unleash more liquidity to stabilize the bond market. “Buy everything,” he posted after reports emerged that a top Fed official had admitted the central bank is ready to intervene. The perma-bull is betting that such a move could be the catalyst that rockets BTC into what he calls “UP ONLY” mode. 75% Say New ATH Coming Hayes isn’t alone in his optimism. A poll by crypto commentators Altcoin Daily shows 75.5% of crypto enthusiasts believe Bitcoin will smash a new all-time high (ATH) before the end of 2025. Hayes himself has predicted $250,000 by year’s end as long as macro tailwinds hold. The weekend pump pushed BTC to over $85,000, up from a low of $81,500, per CoinGecko data. A slight 0.5% reversal across seven days means that BTC is only marginally outperforming the broader crypto market, which is down 0.9% over the same period. Still, its dominance stands at 60.5%, with $31.3 billion in daily volume and a $1.65 trillion market cap. However, the king cryptocurrency is down 23% from its all-time high of $108,786, recorded earlier in the year. And with liquidity thin over the weekend, one wrong headline could send prices spiraling into the new week.
Why Bitcoin Needs More Than Just LTHs Starting to Buy for a Real Rally
Bitcoin long-term holders resume net accumulation after six months of selling pressure. BTC price jumps 12% to $83,615 since early April amid rising investor confidence. Realized cap exceeds $18B; bullish confirmation depends on sustained accumulation. Bitcoin’s long-term holders (LTHs) started buying again after a long stretch of selling that started late October 2024. The LTH Net Position Change reading (30-day total) turned positive April 6, 2025—the first time in six months. This points to a change in feeling among these holders and could set the stage for a market upturn. This change follows a large price drop where Bitcoin fell almost 32% from its November highs. How LTH Selling Stopped as Bitcoin Price Climbed Back Above $80k During the earlier selling period, deep red bars on the LTH metric reflected sustained sell-offs, culminating in a historic low of -827,750 BTC in early December. The distribution was largely blamed for dragging BTC down to sub-$75K levels. However, recent price action tells a different story. Since the beginning of this renewed accumulation, Bitcoin has rebounded by 12%, currently trading near $83,615. Bitcoin: Long-Term Holder Net Position Change – 30D Sum What Other Market Signs Align With Renewed LTH Interest? The uptick in LTH buying coincides with a rise in Bitcoin’s realized cap, which has now surpassed $18 billion—its highest reading since September 2024. This reading often came before wider market upswings previously. Also, futures market funding rates turned positive (0.0037%), suggesting more traders bet on higher prices. Related: ‘Fed on the Clock’: Hayes Links Bond Market Stress to Coming Bitcoin Gains Why Current LTH Buying Isn’t Yet a Strong Bull Market Signal Although LTH buying returned, analysts remain measured in their optimism. In past cycles, such as mid-2023, net position changes above +250,000 BTC served as strong indicators of incoming bull runs. The current buying level, while welcome, is still low and needs to grow consistently to show a lasting turnaround. Bitcoin Now Tests Key $83.8k-$84k Resistance: What’s Next? BTC/USD chart (March 2025 – April 2025) As of April 12, Bitcoin is currently testing a key confluence zone near $83,800, where the 100 EMA and a descending trendline intersect. Despite recent bullish momentum and a breakout from the symmetrical triangle, BTC is showing signs of hesitation at resistance. A clean break above $84,000 could trigger further upside, while rejection here may lead to a pullback toward the 50 EMA near $82,100. Related: This Is The Indicator That Called Bitcoin’s Last ATH Run – And It’s Back Even with these risks, the change from heavy LTH selling to net buying is a key psychological turning point for the market. Since LTH actions often come before wider market direction changes, the next few weeks seem vital to determine if this is just a short jump or the start of a larger market repair. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
This Is The Indicator That Called Bitcoin’s Last ATH Run – And It’s Back
An analyst spotted a critical signal for risk assets. The dollar index dropped below 100 for the first time since 2023. A weakening US dollar boosts investors’ appetite for risk assets. An analyst on X has spotted a developing signal that could trigger a bullish run for cryptocurrencies and risk assets. In his latest post, the analyst showed how the dollar index fell below 100, a scenario that historically coincides with crypto market rallies and surges in risk asset prices. When DXY Last Broke 100, Bitcoin Began its Run to New Highs The analyst’s post highlighted a pattern, revealing that the metric under review had not crossed below 100 since 2023 despite testing the support repeatedly. The last time it happened coincided with Bitcoin’s recovery from the extended bear market, leading to the 2024 bull run that saw the cryptocurrency reach a new all-time high. Related: “Once You See This, the Game Becomes Easier”: Analyst on Bitcoin Bull Run How a Weaker US Dollar Can Fuel Crypto Risk Asset Gains For context, a falling dollar index reflects a drop in the value of the US dollar, suggesting a weakening economy for arguably the world’s largest market. Investors observing the situation seek protection for their wealth, leading them to pursue alternative investment sectors away from the mainstream, which is dollar-denominated. Many investors consider the dollar index a crucial analysis tool, where a drop below 100 represents a significant macro signal. As an alternative explanation, a weaker dollar boosts liquidity appetite, which triggers a move towards risk-on assets like equities, cryptos, and real-world assets (RWAs). DXY Signal Appears as Bitcoin Recovers From Post-Tariff Dip TradingView data shows that the newest dollar index dip coincides with Bitcoin’s recovery from a quick fall below $75,000 for the first time in 2025. Many analysts feel that this drop pushed BTC into a demand zone. They believe this will trigger a sustained rally as soon as the volatility caused by Donald Trump’s new tariff policies settles. Related: Trump Tariffs Shock Markets: Crypto Loses $100B, Bitcoin Price Unstable Bitcoin traded for $82,812 after recovering from the crash. Bouncing off notable support and aligning with crucial bullish signals has increased BTC’s momentum, leading many analysts to predict an upcoming rally for the crypto market soon. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Peter Schiff: Bitcoin ‘Born From’ 2008 Crisis; 2025 Crisis ‘Will Kill It’
Schiff frames BTC as speculative asset doomed by next crisis, ignores BTC evolution Insight: “Doomed bubble” narrative clashes with Bitcoin’s monetary tool reality Core disconnect: Schiff’s critique vs. Bitcoin’s real-world use expansion Bitcoin’s status as a hedge against economic trouble is challenged again by Peter Schiff. Posting on X, Schiff stated: “Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it.” Bitcoin was born out of the financial crisis of 2008. Ironically, the financial crisis of 2025 will kill it. — Peter Schiff (@PeterSchiff) April 10, 2025 This strong claim comes as Bitcoin wades through unsteady politics and bearish technicals. Bitcoin Rebounds on Tariff Delay, But Do Technicals Look Bearish? After dipping below $75,000 earlier this week in response to US tariff threats, BTC rebounded, now trading nearabout $81,300 . The rebound came after Trump delayed tariffs for 90 days (excluding China)—easing market worries for now. Still, some question if the rally can last. Analyst Ali Martinez points to several bearish indicators on the daily chart. He notes that a death cross has formed, the SuperTrend remains in ‘sell’ mode, and the monthly open of $82,500 continues to act as resistance. While the recent #Bitcoin $BTC bounce has been strong, the higher time frames suggest caution: – Death cross recently formed on the daily chart – SuperTrend indicator still shows "Sell" – Monthly open at $82,500 acting as resistance – Descending trendline from ATH sits around… pic.twitter.com/ugF6fawUeE — Ali (@ali_charts) April 10, 2025 Related: ‘Fed on the Clock’: Hayes Links Bond Market Stress to Coming Bitcoin Gains Further hurdles include a descending trendline from the all-time high around $84,000, with the 50-day and 200-day moving averages hovering near $85,800 and $87,000, respectively. That said, Martinez also highlights that $94,500 remains a key upside target if Bitcoin can push through its current resistance levels. Bitcoin Price Analysis Looking at the chart below, it is clear that BTC is hovering near the middle Bollinger Band ($83,138), showing signs of consolidation. The lower band at $77,043 has been tested recently, indicating buyers stepped in at support. The narrowing bands suggest a potential breakout is on the horizon—though the direction remains uncertain. Meanwhile, the Relative Strength Index (RSI) is currently at 46.47, sitting in neutral territory, neither overbought nor oversold. If the RSI climbs above 50 and confirms with a volume spike, a rally toward $85,000–$87,000 could be in play. Related: Trump’s 90-Day Tariff Pause Can’t Shake Polymarket’s 65% Recession Odd While Schiff Predicts Doom, Is Global Bitcoin Adoption Accelerating? Ironically, Schiff’s prediction comes as Bitcoin adoption accelerates globally. Matthew Sigel , head of digital asset research at VanEck, noted geopolitics and policy responses shape Bitcoin’s narrative. Sigel added Bitcoin beat Nasdaq over main time periods. He suggested central bank actions—if tariffs slow GDP without boosting inflation—could help digital assets. From Speculation to Settlement: How Bitcoin’s Use Cases Challenge Critics Bitcoin now is increasingly being used for international settlements. China and Russia are settling energy trades in Bitcoin and other digital assets. Bolivia plans to import electricity using crypto, and even French energy giant EDF is considering Bitcoin mining using surplus power. These use-cases suggest Bitcoin is changing from speculative asset to monetary tool—useful for nations wanting options beyond the USD or US financial systems. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Bitcoin drawdown widened to 27% near FTX levels amid US-China trade tensions
Bitcoin has endured its most significant drop since the collapse of FTX in late 2022, with market pressure mounting due to escalating global tariff disputes. While markets have taken a breather after Donald Trump announced a 90-day pause on reciprocal tariffs, the pain is not necessarily over. According to data from CryptoQuant, Bitcoin’s drawdown, a measure of how far the asset has fallen from its all-time high, widened to 27%. Bitcoin Drawdown Since 2023. (Source: CryptoQuant) This figure, while painful, was still modest compared to past bear markets. In 2018, Bitcoin plummeted 83% from its ATH and the 73% decline during the 2022 downturn triggered by cascading crypto failures. Even so, the downturn took a toll on holders. CryptoQuant data shows that 25.8% of Bitcoin’s circulating supply, or roughly 5.12 million BTC, was underwater yesterday. These coins were acquired at prices above the current market rate, leaving many investors with unrealized losses. Bitcoin Supply in Loss (Source: CryptoQuant) Market observers have linked the correction to the broader macroeconomic conditions, particularly the geopolitical tensions between the United States and China. The renewed trade tariff threats have rattled global financial markets, eroding investor confidence. This uncertain environment has spilled over into the digital asset space, with Bitcoin, Ethereum, and other major cryptocurrencies having suffered steep losses over the past week. The post Bitcoin drawdown widened to 27% near FTX levels amid US-China trade tensions appeared first on CryptoSlate.
FIL Price Over $150 Emerges as Filecoin Shows Highly Bullish Signals Amid Bitcoin Mirroring 2024 Correction
Bitcoin mirrors the same correction it made in 2024, preceding a bullish pump. Altcoin Filecoin shows highly bullish signals preparing for an altseason pump. Analyst expects the price of FIL to pump to over $150 in altseason peak. Bitcoin and the crypto market’s latest price drop event has led to brutal prices across the crypto market. However, despite the fall in altcoins followed by Bitcoin’s fall to $75,000 from the $80,000 price range, altcoins continue to show strong bullish indicators signaling the long-awaited arrival of altseason with FIL targeting over $150 pump target as Filecoin shows highly bullish signals amid Bitcoin mirroring 2024 correction. Bitcoin Mirrors 2024 Correction #Bitcoin Fractal 📊 #BTC seems to be mirroring its 2024 correction: 2024: -33% drop 2025: -32% drop Daily close above a key level in both cases Let’s see if today closes above $78,500. pic.twitter.com/3AH6KryPWf — Titan of Crypto (@Washigorira) April 7, 2025 Analysts mark the latest Bitcoin price dip as a repeating pattern similar to the dip in 2024. As we can see from the post above, this analyst highlights what he notices to be a Bitcoin Fractal. He says that the pioneer cryptocurrency seems to be mirroring its 2024 correction, marking the 33% drop in 2024 and comparing it with the 32% drop in 2025. He says a daily close above a key level also followed through in both cases. The last time Bitcoin made this same pattern in 2024, the asset saw an exponential rise in prices and went on to set a string of new ATHs. Now, if history were to repeat itself, it looks like Bitcoin could be preparing to set another string of new ATHs giving strength to all the BTC price predictions taking the price of BTC to $116,000 to $350,000 . Depending on the support and timings, BTC could go on to hit much higher targets in the coming months. #Altcoins Things are starting to get interesting for alts tbh. pic.twitter.com/IuArFHdUH2 — 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 (@el_crypto_prof) April 7, 2025 What’s more, this also draws attention to the prediction of a double-cycle top price for BTC during this bull cycle. Following the expected pump to a new BTC ATH, altcoins prices are finally likely to follow ushering in altseason and a string of new ATHs for promising and capable altcoins in the market. Based on the post above, altcoins are showing highly interesting patterns on its own price chart, hinting at a major remarkable price pump. We continue to target $150+ in $FIL (Filecoin)… https://t.co/EMLSPgCpCZ pic.twitter.com/mRQFmYkvsx — JAVON⚡️MARKS (@JavonTM1) April 7, 2025 Filecoin Could Surpass $150 This Altseason Peak One altcoin showing strong bullish patterns is Filecoin (FIL) . As we can see from the post above, this reputed analyst is certain that the price of FIL will pump to hit a bullish target of over $150 in the peak of the ongoing altseason. According to CoinMarketCap analytics, the price of FIL is presently at $2.32 with a total market cap of $1,504,063,635.92 and a 24-hour trading volume of $254,001,949.28. Its previous ATH was set at $237.24, 4 years ago, meaning even with a pump of to hit $150, it is unsure if FIL will set a new ATH this bull cycle.
Web3 AI project DecentralGPT completes angel round and A round strategic financing of $3 million in assets
Web3 AI project DecentralGPT recently announced the completion of a $3 million equivalent angel round and A round of strategic financing. This round of financing was led by the globally renowned digital asset investment firm AGICrypto Capital, with participation from several top institutions in the Web3 field such as Cherry Ventures, BTR Capital, DePINX, and Aethir. The new funds will be used to accelerate the development of core modules such as multimodal large model support and zero-knowledge proof privacy layer. Against the backdrop of centralized giants like OpenAI frequently getting caught in data security disputes, DecentralGPT's decentralized practice may become a key driver in reshaping the power structure of the AI industry.
Top Analyst’s BTC Price Outlook: Three Scenarios Point Higher Despite Drop
Bitcoin dips below $75k from tariff concerns; trades ~$77k, down 8% weekly Analyst Egrag Crypto stays bullish, outlines $97k-$177k+ BTC cycle scenarios Context: Egrag’s bullish cycle view clashes with current bearish technical signals Bitcoin’s price saw significant turbulence this past week, sliding under the $75,000 mark for the second time recently. It currently trades around $77,087.10—down 3% in the last 24 hours and 8.16% over the past seven days. This volatility comes as global financial uncertainty grows, partly linked to the United States imposing a steep 104% tariff on Chinese goods under President Donald Trump’s administration. Markets reacted with broad sell-offs, pulling down risk-on assets including virtual currencies. #BTC -We Are Still in a Bull Run-ONLY FEW 🧠 As long as #BTC is trending above the 21 EMA, there’s no need to worry! Here are three scenarios for #BTC : 🔴 Retracement: ✔️The peak was $109K, and #BTC may retrace to Fib 0.702 ($97K). During this phase. ✔️ #Alts will outperform… pic.twitter.com/dtqPyk0UUB — EGRAG CRYPTO (@egragcrypto) April 9, 2025 Egrag Crypto: “We Are Still in a Bull Run” Well-known market analyst Egrag Crypto appears unfazed by the recent dip, stressing that Bitcoin remains comfortably within a bull market structure from a cyclical standpoint. “As long as #BTC is trending above the 21 EMA, there’s no need to worry,” he posted on X (formerly Twitter), telling investors to zoom out and look at the cyclical nature of the leading digital currency. The analyst presented three possible scenarios for Bitcoin’s path forward in this cycle based on Fibonacci levels: Retracement Stage: Bitcoin could pull back to the Fibonacci 0.702 level—around $97,000. Egrag suggested that during such phases, altcoins typically outperform BTC as capital rotates. This could offer chances for well-positioned traders, assuming disciplined profit-taking. New All-Time High: Targeting the Fibonacci 1.618 level, Egrag sees this as a reasonable scenario. If it happens, altcoins could surge, with 10x–20x gains potentially becoming common. ATH Expansion Mode: The most optimistic—and volatile—view suggests renewed liquidity, perhaps from money printing or interest rate cuts, could push Bitcoin well past $177K. Altcoins might then enter an explosive phase with potential gains of 30x to 50x for mid-caps, and up to 100x for high-risk small caps. Egrag’s message to doubters is clear: “You do not comprehend how cycles work and liquidity flow.” He also suggested gold could become an important liquidity source driving the market. BTC Technicals – Price Analysis Current technical indicators paint a more cautious picture. Data from CoinMarketCap shows BTC facing resistance at the 20-day Exponential Moving Average (EMA) around $82,190, along with a notable 34.18% drop in trading volume. The Relative Strength Index (RSI), a momentum indicator, reads near 35.71, suggesting bears currently have the upper hand in BTC price action. According to these technicals, chances of reaching new all-time highs soon seem low until BTC breaks decisively above $90K with strong volume. Context: Egrag Crypto’s strongly bullish cycle scenarios rely on long-term patterns and liquidity injections, a sharp contrast to current bearish technical signals (RSI, volume, EMA resistance) and macro uncertainty from trade tensions. This brings out the disconnect between optimistic cycle theory and the near-term market conditions. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Bitcoin on verge of largest ‘price drawdown’ of the bull market — Analyst
Bitcoin’s ( BTC ) 26.62% decline from its $109,500 all-time high is en route to becoming the deepest drawdown of the current bull market cycle, according to CryptoQuant head of research, Julio Moreno. Bitcoin price drawdown analysis. Source: X Bitcoin has experienced significant drawdowns in past cycles, with a notable 83% drop from its peak in 2018 and a 73% correction from all-time highs (ATH) in 2022. In comparison, the current decline of 26.62%, while substantial, remains less severe than previous bear markets. This suggests that even though the current downturn is impactful, it has not yet reached the intensity of previous cycles. However, crypto and macro resource ‘ecoinometrics’ said that Bitcoin might struggle to stage an immediate turnaround. The analysts explained, “Historically, when the NASDAQ 100 falls below its long-term year-on-year average return, Bitcoin tends to grow more slowly. It also faces a higher risk of entering a severe correction.” Bitcoin and Nasdaq correlation. Source: X / Ecoinometrics With the Nasdaq 100 currently flat year-on-year, Bitcoin’s price recovery might be difficult, even if the correction halts. The recent Bitcoin ( BTC ) price drop also put Michael Saylor’s Strategy on the defensive, with the firm opting not to purchase any BTC for its treasury between March 31 and April 6. Additionally, data from Strategytracker highlighted that the corporation spent $35.65 billion on its Bitcoin holdings, currently reflecting a mere 17% return on a five-year holding period. Related: Michael Saylor’s Strategy halts Bitcoin buys despite dip below $87K Can Bitcoin hold a position above $70K? On the weekly chart, Bitcoin tested the 50-weekly exponential moving average (blue indicator) for the first time since September 2024. A weekly close below the 50-W EMA has signaled the beginning of a bear market in previous market cycles. Bitcoin weekly chart. Source: Cointelegraph/TradingView The immediate point of interest below the current price remains at $74,000, which was the early 2024 all-time high. However, the daily demand zone between $65,000 and $69,000 could be a bigger liquidity level based on its significance. The $69,000 level is also the 2021 all-time high price. Additionally, Bitcoin’s weekly relative strength index, RSI, reached its lowest value of 43 since January 2023 at the end of Q1. In August 2023 and September 2024, the RSI recovered from a similar value to trigger a price recovery for Bitcoin. In 2022, when RSI dropped below 40, bears took total control of the market. Anonymous crypto trader Rekt Capital also predicted based on daily RSI value and said, “Historical daily RSI trends in this cycle suggest anything from current prices to ~$70,000 is likely to be the bottom on this correction.” Related: Bitcoin, stocks crumble after ‘90 day tariff pause’ deemed fake news — BTC whales keep accumulating This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Major Warning for Pi Network Price: Here’s What Can Trigger a New PI Crash
TL;DR With over 160M PI set to be unlocked this month and millions of tokens recently moved to exchanges, selling pressure could intensify further. While community hopes of $3.14 or even $314 remain, analysts warn that a price drop toward $0.314 appears far more realistic. More Pain Ahead for the Bulls? Pi Network’s native token plummeted to an all-time low of under $0.40 on April 5. Just a day later, though, it spiked substantially to almost $0.75 before retracing to the current $0.57 as the broader crypto market slumped at the start of the week. One important factor suggesting a further plunge in the short term is the scheduled unlock of tokens. Data shows that almost 1.5 million PI are about to be released today (April 8). The total number of tokens unlocked throughout the ongoing month will be over 160 million (worth approximately $92 million at current rates). The record day is expected to be April 18, when 9.8 million PI will be freed up. The substantial unlock this month may be followed by a price decline should investors decide to dispose of their long-awaited assets. Currently, PI’s circulating supply stands at roughly 6.8 billion tokens, but more than 5.1 billion remain in the form of locked mining rewards. In addition to the scheduled unlocks, industry participants have supposedly moved 2 million tokens to exchanges in the past 24 hours. Such actions indicate an upcoming cash-out, which may amplify selling pressure and drag down PI’s valuation. What’s Next: ATH or ATL? Speaking of price predictions, one X user recently told his over 80,000 followers that PI’s huge decline in the past month resembles more “a dump” than “a dip.” They also asked if the price will first reach $0.314 or $3.14. The depicted targets are symbolic to the Pi community as they remind of the mathematical constant π ≈ 3.14. Currently, plunging to $0.314 seems much more realistic than ascending to the upper level. Several months ago, some optimists assumed that the price could one day skyrocket to $314. It’s worth mentioning that such a high valuation would require the asset’s market capitalization to explode to multi-trillion territory, making the forecast highly implausible and even ridiculous (at least as of now).
Crypto Market Cap Drops Over 10% in 24 Hours
The cryptocurrency market experienced a significant crash on April 6–7, 2025, with Bitcoin’s price briefly falling by nearly 10% within a 24-hour period, causing the total market capitalization of cryptocurrencies to decrease by over $200 billion. On the night of April 6–7, Bitcoin’s price dropped to $74,600, according to CoinGecko, marking a local low for 2025. Other cryptocurrencies also saw declines, leading to the overall market cap falling by more than 10%. This drop coincided with increasing macroeconomic tensions. One of the main factors contributing to this downturn could be the trade tariffs imposed by Donald Trump on April 2, 2025, as part of his efforts to strengthen U.S. national and economic security. In the first two days following the announcement, losses in the U.S. stock market exceeded $5.4 trillion. The tariffs went into effect on April 5. At first, the cryptocurrency market showed a muted reaction to the new U.S. import tariffs, but large sell-offs followed as the new trading week began, triggering a significant price drop. Experts link this to growing uncertainty and expectations of escalating economic conflict between the U.S., China, and the EU, raising the likelihood of a global recession and prompting capital to flow out of high-risk assets. Crypto market participants were initially optimistic about Donald Trump’s return to the presidency. Before his inauguration, Bitcoin’s price set a new ATH, surpassing $108,700.
Bitcoin Sees Brutal Start to April, Analysts Expect Lower Dip Targets to $60,000 on the Horizon
Bitcoin sees brutal start to April as BTC price falls below $80,000. The price of BTC fell from $83,000 to $75,000 in under a day. Seasoned analysts expect this dip only the beginning with the next target set for $60,000. The crypto market experienced a brutal start to April as the price of the pioneer crypto asset Bitcoin (BTC) fell below $80,000. To highlight, the price of BTC fell from $83,000 to $75,000 in under 24 hours. This dip came as no shock to many seasoned analysts who expected exponential dips before a true price recovery and a rally back up to claim much higher targets for Bitcoin and the greater crypto market. Bitcoin Sees Brutal Start to April #Bitcoin : Clear textbook breakdown from the rising wedge structure, exactly as promised two weeks ago. Only a loser ignored this message, breakdown below 80k is only a matter of time https://t.co/QNRLFyOvh9 pic.twitter.com/pZtT9ANb6Z — Doctor Profit 🇨🇭 (@DrProfitCrypto) April 6, 2025 As we can see from the post above, this reputed analyst known for his many silver-tongued predictions, predicted this outcome for BTC and warned the crypto community of a crash below $80,000. In fact, this analyst in particular expected a much larger dip toward the 50,000 to $60,000 price range. Echoing his sentiments is another reputed crypto analyst who set the next two downside targets at $69,500 and $64,000. The expectations for Bitcoin to fall significantly first before a recovery and a rally seems to be a popular opinion within the crypto community as another analyst shared the cause behind the dip on the BTC price chart. As we can see from the post below, this analyst highlights how the Bitcoin price chart hits a triangle target which led to a downside breakout. #Bitcoin Triangle Target Hit ✅ The breakdown played out perfectly. I usually avoid weekend trading… But lately, Sundays have been offering some clean setups. pic.twitter.com/E1926Mo2xP — Titan of Crypto (@Washigorira) April 6, 2025 $60,000 Dip for BTC Next? As the image in the post above depicts, Bitcoin broke out of a perfectly formed triangle pattern which led to a breakout to hit lower targets. Analysts noticed that the weekends seem to be the more action-packed trading days for crypto this year. No doubt, many factors have led to the declining price of BTC, a huge factor being Trump’s continuously escalating tariff announcements and the incredibly high liquidations in the US stock market . Despite the latest dip, most analysts saw the downward movement of BTC price is not over. According to the responses to the posts above, most analysts are certain that the price of BTC will fall to the $72,000 to $73,000 price range next. Meanwhile, a handful of seasoned traders expect BTC price to hit $60,000 next and mark this as the possible worst-case scenario. However, they remain certain that the downward pattern will eventually lead to a breakout which will bring BTC price to the next ATH target between $116,000 and $125,000.
Bitcoin Set to Hit Lower Targets, Analysts Remain Certain a BTC Price Recovery to $125,000 Is Underway
Bitcoin set to hit lower targets as low as $60,000. Analysts expect BTC to set lower lowsand higher lows before moving towards new ATHs. The next major ATH targets are set for $109,000, $116,000, and $125,000. A brutal start to April took the price of BTC from $830,000 to $75,000 in under 24 hours. This dip may have shaken out many weak hands and led to heavy crypto market liquidations leaving several traders devastated but season analysts remain bullish. Bitcoin set to hit lower targets say most seasoned analysts. Despite this, they are certain that BTC price will rally to hit much higher targets once lower targets are met. Bitcoin Set to Hit Lower Targets So far, this ongoing bull run has been a surprising one to those hoping to see history repeat itself. Until now, every bull cycle has remained mostly the same and analysts are constantly on the clock, hoping to find indicators and patterns that can help predict what will occur next in the volatile market of crypto. This cycle has been more surprising than the others and it is likely because Bitcoin may be deviating from its 4-year cycle pattern. Once used as the ideal blueprint to predict crypto cycle highs and lows, the 4-year cycle may be going obsolete giving analysts the chance to test their technical analysis skills and find new ways to predict what is coming next for BTC. This year, Bitcoin price has been on the fence, while many analysts expected greater bullish ATHs, others expected a massive dip to targets closer to last cycle ATHs. 77K–78K, then $125K BTC. Worst case scenario: $72K–73K, then $125K BTC. Absolute worst case scenario: $60K, then $125K BTC. Conclusion: We’re going higher either way. #patience — Andrew Crypto (@AndrewCryptoHQ) April 6, 2025 This outcome has now played out as Bitcoin price has fallen in a single shot from $83,000 to $75,000. What’s more concerning is that analysts have looked closely at the BTC price chart only to conclude that greater dips could be playing out. Based on the post above, this analyst believes that BTC could hit a lower target at the $72,000 to $73,000 price range, he also adds that BTC could fall as low as $60,000 as the worst-case low. Lower Lows Before an Explosive Upturn for BTC? Despite these low targets, the analyst remains bullish on Bitcoin (BTC) rallying once the low targets are met and says that no matter the low targets, the price of Bitcoin is set to hit a much higher target and set a new ATH at $125,000. Similarly, another analyst observes that Bitcoin usually tops out about 500 days after Bitcoin Halving and concludes that the ongoing bull market has a long way to go. To The Basics for Bitcoin 📈: An uptrend looks to still be in effect with $BTC recently setting new Higher Highs and currently holding a new set of Higher Lows. With this occurrence, a near +30% move to All Time Highs at roughly $109,000 remains on radar. pic.twitter.com/qQKayfwbpM — JAVON⚡️MARKS (@JavonTM1) April 6, 2025 All in all, it looks like Bitcoin is going back to the basics as the analyst explains in the post above. The pioneer crypto asset seems to be setting up for a bullish upturn . According to this analyst, Bitcoin will make a pump of over 30% to hit new ATH targets once it begins to set higher lows before moving to an explosive rally.
Cardano Founder Charles Hoskinson Expects $250,000 BTC ATH Target Within a Year
Cardano Founder Charles Hoskinson expects $250,000 BTC ATH target in a year. Bitcoin despite the many bearish signs and upcoming sips is still set for a new ATH. Reputed analyst breaks down the current state of the crypto market. Cardano Founder Charles Hoskinson expects the pioneer cryptocurrency Bitcoin (BTC) to hit an ATH of $250,000 within a year. Referring to the most recent brutal BTC price dip from $83,000 to $75,000, Hoskinson says that the price of BTC can be compressed for now but like a spring will certainly bounce back. In fact, he expects Bitcoin to more than bounce back, he expects a much higher ATH for BTC. Cardano Founder Charles Hoskinson Expects $250,000 BTC ATH You can compress a spring, but remember it bounces back. The markets seem hopeless and broken, but the bull market will be spectacular. I still remain confident in 250k Bitcoin within a year alongside a rising tide for everyone else. It's just going to be a bumpy ride pic.twitter.com/tFWVNRuW0p — Charles Hoskinson (@IOHK_Charles) April 7, 2025 As we can see from the post above, the Founder of Cardano, Charles Hoskinson recognizes how the crypto and stock markets seem hopeless and broken, but expects a spectacular bull market come back which will likely send the price of BTC to a new and impressive ATH of $250,000 within the year. Although, he does expect this to be a big of a bumpy ride with many ups and downs on the way to the expected ATH target. I have high conviction that $BTC will make a new ATH sometime between Q3 this year and Q1 2026. Yes, it's painful now – but I think people are missing the bigger picture, and the eventual rally will be bigger than ever. My rationale: • Trump's plan is to cause short-term pain… — Miles Deutscher (@milesdeutscher) April 5, 2025 Mirroring his sentiments is another popular and reputed trader and analyst in the crypto market, Miles Deutscher. As we can see from the post above, this trader says that he has high conviction that Bitcoin will set a new ATH between Q3 2025 and Q1 2026. He too acknowledges that the market may be painful at the moment but urges crypto holders not to lose sight of the bigger picture, a time when the crypto market will eventually rally to be bigger than ever. Analyst’s Take on the Current Market He then goes on to share the reasons behind his convictions starting with Trump’s plan to cause short-term pain now by setting up new tariffs to force domestic absorption of treasuries and offset the reduction of foreign buying. He also states how the market will likely bottom on recession fears, but by the time it officially comes around, the market will already be looking at the FED ‘s response Meanwhile, he expects the FED to eventually be forced to cut rates, paving the way for QE potentially in 2026. Next, he talks about altcoins, saying that the most potent and capable assets will likely follow BTC’s trajectory and find a floor before recovering and peaking in altseason once BTC price peaks. He concludes by saying his overall strategy is focused on the longer term by DCAing Bitcoin and select equities that are hit hard by the trade war fears but still have good fundamentals, and quality altcoins if the technicals align. He closes the message with the advice of patience, saying that in a market such as the present, it is the most important thing.
Official Trump (TRUMP) Price Falls 18% as MACD Sends Critical Bearish Signal
TRUMP Coin MACD confirms bearish crossover amid sustained selling pressure. RSI plunges below 30, reinforcing token’s current oversold market status. Official Trump (TRUMP), a Solana-based memecoin launched by President-elect Donald Trump, has joined the crypto market bearish momentum as confirmed by its recent price movement. According to market data, TRUMP declined by over 18% today, settling at $7.34, down from a daily high of $9.12. Technicals Analysis: MACD and RSI Indicators Action Revealed The MACD holds confirmation that the TRUMP token is under bearish pressure in the ongoing trading sessions. At the moment, the MACD line stands at -1.15 which is below the signal line -1.03, therefore depicting a bearish crossover. Also, the histogram has a negative momentum which stands at -0.12 showing that there is a continuous downtrend. Source: TradingView As a result, these MACD figures are in line with the further decline in the price of the token. Moreover, there is a Market Action with Relative Strength Index decreasing. The present value of relative strength index or RSI is 27.40 which is rather low when compared with the specific level of 30 that is indicative of the overbought zone. The downward move from 35.61 to the current figure of 27.40 points hint at the ongoing selling spree. It is notable that MACD and RSI indicators point toward a sustained bearish trajectory for Official Trump. The token remains in a bearish phase, consistent with the broader crypto market downturn. Moreover, the oversold RSI and negative MACD crossover present factual evidence of ongoing downward pressure, limiting bullish market possibilities. TRUMP Futures and Current Market Performance Open interest, which indicates the tokens’ futures, read at $242.03 million. This follows a uniform trend on 23 January 2025 with open interest hovering around $1.08 billion. However, this index of open interest took a fall and was valued at a little over $400 million by the first of February 2025. After that, the amount rose slightly only to drop again before rising to another high of nearly $500 million on March 3, 2025. Source: Coinglass CoinMarketCap data indicates that TRUMP recently recorded a price decline of 18.44% within one day. At the times of writing, TRUMP trades at $7.34, a drop from its 24-hour peak of $9.12. The market capitalization demonstrated an 18.42% decrease between this period that brought it to $1.46 billion. During this period TRUMP attained a daily minimum value of $7.65 as it demonstrated a downward shift in market trends. Source: CoinMarketCap Besides the daily changes, the digital assets ATH was recorded at $75.35, registered three months ago on January 19, 2025. Consequently, TRUMP is down by 89.66% from its historical high, reflecting market volatility. However, the coin rose from its all-time low of $1.21, recorded on January 18, 2025, marking a 545% increase. Moreover, the coin’s trading chart shows compatible dips in a day as the gradual reduction in value began above the $9 mark, steadily moving downward to the current price of $7.34. Highlighted Crypto News Hong Kong to Roll Out Stablecoin Law, Expand Web3 Regulations in 2025
Bitcoin Mining Difficulty Hits New All-Time High
Bitcoin mining difficulty hits a new all-time high Indicates growing network strength and miner confidence Seen as a bullish signal by many crypto analysts Stronger Than Ever: What This Milestone Means Bitcoin mining difficulty has just reached a new all-time high (ATH), signaling a significant development in the network’s ongoing evolution. For those unfamiliar, mining difficulty is a measure of how hard it is to find a new block in the Bitcoin blockchain . When this number increases, it generally means more miners are joining the network, or existing miners are upgrading their hardware. This latest spike shows that more computing power is being committed to Bitcoin than ever before. This surge in hash rate reflects rising confidence in Bitcoin’s long-term value and increases the overall security of the network. Why It’s Bullish for Bitcoin A higher mining difficulty usually follows a rise in miner participation, which often comes with expectations of price growth. Since mining is a competitive and costly process, miners tend to ramp up operations when they believe Bitcoin’s price will rise enough to make it profitable. This also means the network becomes more secure, as it’s harder for any single entity to gain enough power to manipulate the blockchain. A secure network is essential for investor trust and adoption. Crypto analysts widely view this new difficulty high as a bullish signal. It implies that despite market ups and downs, the infrastructure supporting Bitcoin continues to strengthen. 💥BREAKING: BITCOIN MINING DIFFICULTY JUST HIT A NEW ATH! THIS IS BULLISH 🚀 pic.twitter.com/1LvWHDXtxl — Crypto Rover (@rovercrc) April 6, 2025 The Bigger Picture Bitcoin’s increasing mining difficulty also reflects a maturing ecosystem. Institutional investors, energy-efficient mining firms, and international mining pools all play a role in this trend. As mining becomes more professional and globally distributed, the network’s resilience improves, laying a solid foundation for future growth. For crypto enthusiasts and long-term holders, this is a sign that Bitcoin remains on a path of sustainable development—regardless of short-term price movements. Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
XRP and ETH Show Promising Pump Signals, ETH Aims for $4,000 and XRP Aims for $17
Altcoins XRP and ETH show strong bullish signals. Pioneer altcoin ETH aims to reclaim the $4,000 price target. Ripple’s XRP shows signs of either dropping to $0.65 or pumping to $17. The crypto market, despite seeing more funds flow into it, still seems to be experiencing a sort of standstill as BTC price continues to stagger at the $83,000 price range. However, altcoins continue to show strong bullish indicators on their respective price charts. In particular, ZRP and ETH show promising pump signals with ETH aiming to reclaim the $4,000 price target and XRP aiming to hit a new ATH of $17. XRP and ETH Show Promising Pump Signals Expectations for altseason remain strong despite the abysmal market action of Q1 2025, a phase that should have ushered in the altseason peak phase of the ongoing crypto bull cycle. Historically, every Q1 following a Bitcoin Halving year should have experienced an altseason. However, this year, altseason seems to have been delayed leading many analysts to believe that the 4-year cycle has become obsolete. Despite the delay, analysts remain bullish. In fact, some expect an even greater pump due to the delay, giving whales and traders the chance to accumulate promising tokens, and ETH and XRP are at the lead alongside the bullish altcoin ADA . To highlight, ETH is expected to lead altseason by triggering it upon finally setting its first new ATH in the ongoing bull cycle. As we can see from the post below, ETH shows promising bull signals. ETH to $4,000 and XRP to $17 $ETH (Ethereum)'s daily chart has confirmed and is currently holding a Regular Bullish Divergence. This pattern suggests that even though prices are declining, bears can be weakening and bulls could be getting ready to regain a dominance and control over the market. Divergence… pic.twitter.com/DqAr3t4KTf — JAVON⚡️MARKS (@JavonTM1) April 4, 2025 To elaborate, the analyst sees that in Ethereum’s daily chart, the altcoin has confirmed and is currently holding a Regular Bullish Divergence. This pattern suggests that even though prices are declining, bears can be weakening and bulls could be getting ready to retake dominance and control over the market. He then sets an ETH divergence target at $4,000, bringing the pioneer altcoins close to its previous ATH price in the $4,000 price range. #XRP : A Fork in the Road – Either $0.65 or $17! 🚧⚖️ Don’t shoot the messenger! I'm just sharing the probability of a potential formation. Technical analysis (TA) is all about probabilities and possibilities; there are no certainties. 🙌 The current formation, the Ascending… pic.twitter.com/2NWAy6j1dH — EGRAG CRYPTO (@egragcrypto) April 5, 2025 Similarly, another popular analyst makes an interesting observation on the XRP price chart. Ripple’s XRP is one of the most highly anticipated altcoins to experience a pump this bull cycle and some analysts expect XRP to go as high as $27 or even $99. Presently, the analyst in the post above says a fork emerges for XRP price . In detail, the analyst explains how his technical analysis points to a chance at a downside that’ll take the price of XRP to $0.65. On the bright side however, he says there is also a possibility for XRP price to go towards an upside breakout where XRP first needs to close above $3.5 and then move towards $5 and $6 before looking towards taking $17.5.
First Trust launches Bitcoin strategy ETFs
First Trust Advisors has launched two Bitcoin ( BTC ) strategy exchange-traded funds (ETFs) designed to provide investors with Bitcoin exposure while capping losses and earning yield, the asset manager said. The move comes amid an outpouring of funds seeking to enhance Bitcoin’s appeal to traditional investors by offering tailored exposure to the cryptocurrency’s performance. The FT Vest Bitcoin Strategy Floor15 ETF (BFAP) is designed to track Bitcoin’s performance up to a capped upside while limiting drawdown risk to approximately 15%, First Trust said in an announcement . “Over the past few years, investors have shown a remarkably strong appetite for bitcoin-linked ETFs, but the potential for sharp drawdowns has kept many on the sidelines,” Ryan Issakainen, an ETF strategist at First Trust, said in a statement. First Trust launched two new Bitcoin strategy funds. Source: First Trust The FT Vest Bitcoin Strategy & Target Income ETF (DFII) is an actively managed fund aiming to offer partial Bitcoin exposure while generating a yield that beats short-dated US Treasurys by at least 15%, according to the asset manager. The DFII fund “will seek to take advantage of bitcoin’s high volatility to generate income by selling call options,” Issakainen said. The BFAP fund also uses financial derivatives to hedge downside risk. Options are contracts granting the right to buy or sell — “call” or “put,” in trader parlance — an underlying asset at a certain price. Related: Trump-linked Strive files for ‘Bitcoin Bond’ ETF Structured Bitcoin funds Launched in January 2024, Bitcoin ETFs emerged as one of last year’s hottest investment products. As of April 4, spot BTC ETFs collectively manage approximately $93 billion in assets, according to data from Bitbo. Bitcoin ETFs saw outflows after US President Trump announced tariffs. Source: Farside Investors Other types of ETFs designed to offer tailored exposure to Bitcoin’s performance are also gaining popularity. On April 2, Grayscale — a cryptocurrency-focused asset manager — launched two Bitcoin strategy ETFs . Like First Trust’s ETFs, they use financial derivatives to optimize for downside risk management and income generation. In March, asset manager Bitwise launched an ETF holding stocks of companies with large Bitcoin treasuries . Spot BTC ETFs saw nearly $100 million in outflows on April 3 amid the heightened market volatility following US President Donald Trump’s tariff announcement of sweeping tariffs on April 2. Magazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler’s Digest, March 23 – 29
Bitcoin Holds Strong at $83K As Trump Tariffs Hit Stock Markets
Bitcoin trades at the $83,700 price level while the stock market has lost over $3.5 trillion. Crypto experts and market analysts are celebrating as Bitcoin decouples from the traditional stock market. Donald Trump’s Presidency has brought significant changes to the crypto industry in terms of market prices and regulation. After the announcement of Trump’s win in 2024, the crypto market went on a short bull run where Bitcoin and several altcoins recorded all-time highs. However, the anticipated extension of the bull run is not happening in 2025. Trump’s crypto regulation initiatives are beneficial for broader crypto adoption. But his tariff announcements are not helping the market prices. Bitcoin price took a hit last month and lost its $90K price level. The largest crypto by market cap has been trading at the same price range of $87,000 – $81,000. Bitcoin Price in the Last Week (Source: CoinMarketCap ) BTC is trading at $83,640 with a 2.32% rise at press time. The cryptocurrency recorded weekly and monthly price movements of +1.70% and -8.49% respectively. While its market cap is hovering around $1.65 trillion, 24-hour trading volume dropped by 17.76%. Bitcoin Shows Resilience While Stock Market Plunges The much-anticipated Trump’s reciprocal tariffs were announced on the Liberation Day. As expected by market leaders and experts, these tariffs impacted US stock markets negatively. Market Analyst platform Watcher.Guru reported that the stock market lost $3.25 trillion earlier today, while only $5.4 billion was added to the market. SP 500 lost $5.4 trillion in market cap in the last couple of days. The BTC market showed strong resilience in contrast to the stock market. BTC market price recorded a seven-week low of above $81K on April 3, but quickly regained its $83K price level. Bitcoin’s ability to hold on to its previous price range without dropping further is garnering attention across the market. #bitcoin decoupling finally. was thinking the coupling was fake. maybe market makers using bitcoin market shortage of fiat liquidity to auto-correlate bitcoin, noticeable on US market open. — Adam Back (@adam3us) April 4, 2025 Bloomberg analyst James Seyffart made a post on X expressing his shock over Bitcoin’s resilience. He didn’t think BTC floats above the $80K price level under present market conditions. The founder of Blockstream, Adam Back , replied to this post, stating that BTC is decoupling from the traditional stock market. Back also said that he always thought the coupling between BTC and the traditional stock market was fake. His post read, “Maybe market makers using Bitcoin market shortage of fiat liquidity to auto-correlate Bitcoin, noticeable on US market open.” What’s Next For Bitcoin Price? #Bitcoin $BTC is up against a major resistance cluster at $87,000, where the 50-day MA, 200-day MA, and the descending trendline from the all-time high all converge. pic.twitter.com/llxPXsfQDY — Ali (@ali_charts) April 5, 2025 The resilience of the Bitcoin market price is making investors and traders anticipate its next course of action. Some people still cannot believe Bitcoin is decoupled from the traditional stock market. BTC is raising hopes of investors for a further price rally by staying firm on its price level. Renowned market analyst Ali Martinez made a post earlier today regarding the Bitcoin market price. Based on his analysis, Bitcoin is going for a major resistance cluster at the $87,000 price level. The 50-day MA, 200-day MA, and descending trendline from Bitcoin’s ATH value all seem to converge at this price level. If Bitcoin succeeds in breaking the resistance at $87K, we can anticipate a further price rally. Even though Bitcoin decoupled from the traditional stock market, global macroeconomic conditions must support it to sustain its price rally. Highlighted Crypto News Today: PayPal Expands Crypto Access with Solana and Chainlink Integration
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