TronWeekly

Crypto World News

You are here: Home / Archives for Crypto news

Crypto news

Bitcoin’s Upward Momentum: Is This Just the Beginning of a Bigger Rally?

by

  • Bitcoin opens the week slightly higher, signaling potential for growth despite the small gap above last week’s close.
  • Short-term traders’ surge in Bitcoin suggests renewed demand, supporting the view of a continued upward trend.
  • With tech earnings and GDP data ahead, Bitcoin’s price direction may be influenced by broader market sentiment.

Bitcoin (BTC) entered the new week with a price slightly above that of the previous close, indicating that there is more room for growth. Although this difference is not very significant, its closeness to the current market price indicates that the market is in a state of steady equilibrium. Bitcoin wrapped up last week in the green by +10%, thus keeping the market upbeat. BTC continues its upward streak into the week and is gearing up for more movement to the upside.

Bitcoin’s Positive Territory

Daan Crypto Trades pointed out that the bearish wick below the opening price does not change the fact that Bitcoin is in a positive territory. The standing of the BTC upturn was seen last week combined with a lesser fluctuation in altcoins, which is a good sign for the market. The situation remains relatively stable, and both Bitcoin and other alternative coins continue to hold their ground, which is somewhat promising for the market.

AD 4nXcvL5IiD8Uq0R06Pi 2K7NE321z3qZBuSxGcZHaWBin63fCMyFZuWt2PqD1XpUFtfAL2ASrdPGN6dQV8

Source: X

Based on the current setup, some events in the coming week could impact the course of BTC price direction. The major tech earning reports are due next week, along with the Gross Domestic Product report to be released on Wednesday. These factors will influence the wider market sentiment and could be crucial in determining BTC’s short-term price movements. Policymakers and other stakeholders are paying keen interest to these issues since they affect the outlook of the investors and the market.

Rising Short-Term Demand

IntoTheBlock data showed that for the week, BTC has a higher number of short-term traders’ balances. This trend indicates an increase in demand due to the expectation of higher returns; hence, expect more price appreciation. Short-term traders are back, indicating that they are eager to capitalize on the price action of BTC. These higher volumes of trades are in line with the theory that the current rise in Bitcoin’s price is not just a dead cat bounce.

AD 4nXdDbxaB228KSfeiQexQpn8vXWQN8s WhvkBqaYTcXY2Shu6Fc5RhkMF9tyDervDwLkVoeIQM5R3aovUzGlbyDknsVjSne

Source: X

This may simply be the start of a continuation of the higher level of speculative demand. Therefore, the current gains observed in BTC price might be the beginning of the upward movement of cryptocurrency’s rates. The entrance of short-term traders could be what will be needed for Bitcoin to further extend its rally. 

BTC has maintained the positive trend, and it looks rather stable as the new week begins. Since the technicals suggest a possible breakout and, more so, sentimental demand, particularly the speculative demand factor, BTC may be in for a move. Investors would then be keen to know whether this trend will persist and whether broad measures will push Bitcoin to an all-time high.

Read More: TRUMP sees $6.4M whale buying spree ahead of exclusive dinner event

Bitcoin’s Corrective Phase: Will $75K Mark the Bottom Before a Major Rally?

by

  • Bitcoin may dip to $75,000 before a rally, following a fractal pattern signaling an upcoming upward move.
  • A break above $100,000 could invalidate the current pattern and trigger a faster bullish surge in Bitcoin.
  • The expiration of the 90-day tariff on July 7, 2025, may shift market conditions and influence Bitcoin’s price direction.

Bitcoin is currently in the sideways or correctional stage, with some key levels challenging its market trajectory. Analyst’ Egrag has particularly followed fluctuations in cryptocurrency in the context of short-term difficulties since February 2025. He believes that there is some sort of weakness in the BTC, but it is still possible to bounce back if the pattern formed takes shape. A slight decline is seen shortly before the price continues its growth.

Fractal Pattern and Bitcoin’s Future

The analysis suggests that the coin may decline to $75,000 before resuming its upward trend. This position is related to the fractal structure and, consequently, there is one more dip before an up move starts. Even with this low trend prevailing in the market, it is believed that the Bitcoin will again rise once it touches this certain level.

AD 4nXfM jw1U9ZYhrhby14PU4QLQeegQjJ66yFuruTtH 38kSIpaVHsGpq2empkpLHlu3JuItk9Um9eipm5qlP5gSjtzjt0LY80ka 4XP9jvYNw5IQb2NcJYKgkUabMhbPxikBEPQB

Source: X

For this to occur, BTC needs to be contained within the confines of the fractal pattern. A price higher than $100,000 will negate the pattern and may lead to a steep surge in the bullish direction. A market shift can occur at the $100,000 level, and exceeding this level will result in a more rapid price change.

AD 4nXfSY3qyQXS0HaLozwvOhgijGUEAfBynJMdXqnwRxC9vN1lXANKGHgFR0LFFTacRnlm ZgrzS7zt0b3nG8SxnCiZRvvkpe HxXOPBcPi

Source: X

Impact of July 7 Tariff Expiration

Also, 7 July 2025 will mean the end of the 90 days tariff and could have an effect on Bitcoin price movements. The expiration of these tariffs is felt to ease the market situation and can lead to a major change of the trend in BTC. Depending on the result of this date, the market condition may change, thus affecting the movement of BTC in the market.

However, in the nearest future, shortfalls can be noticed, yet many turn attention to the long term perspective. If the prices manage to defend these crucial support levels and climb over the resistance levels, then a bounceback can be expected. This would in turn bring a close to the corrective phase and pave way for the higher targets in the future.

Now that Bitcoin is in a corrective phase, it can rise after dipping to $75,000. Thus, $100,000 is a critical level that will define further the BTC price uptrend. These levels should be closely watched as they can determine the next market direction.

Read More: Hashdex Debuts World’s First Spot XRP ETF on Brazil’s B3 Exchange

Is Bitcoin’s Current Consolidation Setting the Stage for a Big Move?

by

  • Bitcoin’s consolidation at $95,900 suggests a potential breakout as it forms a triangle pattern in price action.
  • Analysts expect Bitcoin to complete its third wave, with further upward movement likely after the current consolidation.
  • Weekend low volume may slow movement, but traders should watch for potential gaps and breakouts when the market reopens.

Bitcoin reached a high of $95,900 on the intraday chart, which has had a positive impact on the market. Following this initial growth, the cryptocurrency has entered a phase of stabilization. In a recent post on X, analyst More Crypto Online stated that the current pullback appears to be a corrective one. He also noted that the price action is in a triangular pattern, indicating that a breakout may occur in the near future.

More Crypto Online classifies the present consolidation as part of a larger wave structure. He pointed out that if Bitcoin is in a C-wave, then it may be in wave 5. The analyst noted that since the market has formed a triangle on the chart, this could indicate that Bitcoin has already moved higher. This suggests that in such a situation, there could be one more wave before the market breaks.

AD 4nXd6qdzJHlWr8ZuGPaxetCSSyELldoOvvp HR3Hd7gquJ712k9SRM4OAeBCfqWx5HI2BuZzORAqawgTM44oQXS74vKUCvQW90kSmsui24GGyNv2DHXMXJyrcRZxxMXOroTg nWo9?key=OT v1c0i98uNlCl5 JSK wVH

Source: X

Bitcoin’s Upward Momentum Continues

Still, such price fluctuations often depend on the trading sessions, which may be a limitation on weekends. Volumes are generally low over the weekend as it is the norm, unlike in the middle of the week for various reasons, making it hard to tell the direction of the market. However, there are no signs that indicate that the cryptocurrency has attained its long cycle apex in the current cycle. The vast majority of analysts expect further upward movement and claim that Bitcoin is still in the third wave.

Dann Crypto Trades also gave his opinion on the BTC trend heading into the weekend. He also pointed out that Bitcoin began the weekend at its highest level it has been in the past two months which might mean a harder test in the market. This condition makes it likely that a gap up or down will occur once the market opens after the weekend. Traders should look out for any consequent widespread breakouts which may occur as a result of these shifts.

AD 4nXdS61mAzNTYj7UDn2xqlYQHM1OjSxHzc9GRqFYJa0UzvFFGcVuUKNbI cFC wrNPiz2tjMPHrd155VYJuKz YLMQwEPymgQejD7Iueil71u c Ax6qjfSkItTxDWXqrJkQttqB nQ?key=OT v1c0i98uNlCl5 JSK wVH

Source: X

Gaps Indicate Market Shifts

The lack of volatility does not exclude the presence of gaps in Bitcoin price action even if the cryptocurrency’s price tends to stabilize on the weekends. This level might be a good indication of the next significant price movement, more so given the likelihood of a break through the current established resistance levels. However, as the week ends, anxiety typically decreases, and as the market opens the next week, analysts are optimistic that there will be an increase in the bidding war.

Bitcoin’s consolidation near the $95,900 mark could be the lead-up to another significant upward move. The open triangle pattern on the chart implies that the price is likely to break out pretty soon. With global liquidity on the rise and the trend pointing upward, it is expected that Bitcoin’s next major movement may be near. This means that traders should be prepared to take action when the markets open, in the event that gaps are present.

Read More: Polkadot (DOT) Analysis: Will Wave 2 Lead to a Rally Above $11.27?

SUI Surges 60%: TVL and DEX Volume Drive the Price Upward

by

  • SUI reached the 178.6% extension level, signaling continued upward momentum, with wave (4) support at $2.75.
  • Over the past week, the SUI price surged 60%, fueled by increased Total Value Locked (TVL) and DEX volume.
  • Stablecoin usage on SUI has jumped 82%, signaling growing confidence in its ability to facilitate transactions.

SUI has been on an upward trend and has recently reached the 178.6% extension level, a usual target for wave (3). According to More Crypto Online, this occurred after the previous wave reached the 138 percent benchmark, which is the minimum. The current support for wave (4) is at $2.75, with $3.27 indicating the completion of wave (3).

AD 4nXfsq7uI4N6cnFxXneJOoPhLvNVCxVxvfDstxlo8ZSRXOjQ1lPxALyYibOXRBjYh9IurKfRdjyeVTZTX0VSZpaITsTzA6h40ZaLabRR4eYgU 9ZEjeyry2I q3jTdWEcldE2TPYV?key=WCpE6devOuTiHvaXj19Z9POV

Source: X

Data from the Lookonchain platform reveals that the SUI has risen by as much as 60% over the last week. This has directed focus to the fact that the SUI ecosystem is fast developing to be stronger. The increase is due to some exciting features such as investor attention and metrics like Total Value Locked (TVL) and volume done via Decentralized Exchange (DEX).

Increased DEX Volume Boosts SUI

TVL has increased by 38% over the week, and it has been leading to the token’s price increase, mainly due to this particular aspect. Currently, the TVL has risen to $1.645 billion, which reflects the increased confidence in the SUI network. Regarding the TVL, its increase proves that people keep investing more assets into the platform, which in turn contributes to the development of its services.

This resulted in a rise in its price as more users engaged in trading through decentralized exchange platforms such as DEX. The trading volume on DEXs has also recorded $599 million within a day, up by around 177% from the prior week. This increase in trading volume means the token is being deployed more in the DeFi ecosystem, and as this is used more, there is more trading and therefore more increase in price.

Stablecoin Adoption

Apart from TVL, DEX trading volume, and other indicators, the use of stablecoins in the SUI network has increased rapidly. The stablecoin supply on the platform over the past two months has increased by 82%, rising from $482 million to $879 million. This increase shows the token gaining more confidence in its ability to facilitate stablecoin transactions as it seeks to corner the market. As of now, SUI is trading at $3.71, showing a 13.57% increase over the past day.

AD 4nXc7QH Gsy5oDYWKUdBy2 l6WD9NOi96v JN9c0JGBNO39tUN04t8CoOvGZkSEfTR0 atTLikPiQalvMhg fnWafyGSwakqSTCuy8vKUVEoVrkrSn9Dohr9gg0ebU6c

Source: TradingView

All these metrics indicate a strong and healthy ecosystem as cryptocurrency continues to increase in price, a trend noted in previous weeks. Such positive trends suggest that the coin is on the rise and the trend is likely to improve in the coming months. Since the token is also being adopted in sectors such as DeFi and decentralized applications, the cryptocurrency is likely to continue its upward trend.

Read More: Dogecoin Breaks Out of Bullish Pattern, Targets $0.50 in Next Rally

Is Ethereum Headed to $2,142 or Back Below $1,400? What Charts Reveal Today

by

  • Ethereum shows signs of accumulation despite mixed short-term technical signals.
  • Major resistance levels at $1,800 and $1,895 remain key to bullish momentum.
  • DeFi stagnation and bearish fractals suggest caution despite long-term optimism.

Ethereum (ETH) is currently trading at $1,772.87, a 0.95% increase from the last 24 hours, while its 24-hour trade volume fell 6.78% to $15.47 billion. Over a seven-day period, however, ETH has seen an 11.41% increase to trade at $1,771.90 on average. The most current price action, however, indicates a complicated combination of uncertainty and expectation from traders and investors alike.

AD 4nXd8sOMzcDGR5sk WyAiSaKA4hp9DQHbkZIhEF7AjlJodohCwZPavIDYdk FpO2YMOHgTroh5m l3TJ0JMwqJdaMixZAiD3UPk VGVwpCdmwx0qnC0gcv0 3IoQNDUuEn42yRaSJOA?key=ANpmIXfeDjqkcrSeHy s5g K
Source: CoinMarketcap

Technical indicators remain mixed. Ethereum hovers above its $1,750 support level but with weakening momentum. A bearish divergence on the MACD and a 1.82% daily loss on above-average volumes signal selling pressure. Yet, a high discovery rate of 84% and the 8.96% momentum reading reflect ongoing underlying strength.

The RSI at 57.61 remains neutral, while the ADX at 86.2 verifies the strong trend but is coupled with a negative crossover in the MACD. For bullish continuation, Ethereum needs to retake the $1,800 mark. Alternatively, a breakdown below $1,734 might initiate a further correction. Technical analysts suggest waiting for confirmation to go long, especially at the key $1,800 and $1,734 levels.

AD 4nXdQroJlFzXItofIutnWBDeKcCcvPhs8xqxCFOG67FSRhi5u8BzoqQOcOn8mUeNkdxsp4qYITRJJe6OVmn8UwdoQJbgYYeJcFGFi6Bmr NBFp9v CXYsDQ65xJkx3bHOecf9yB5lOA?key=ANpmIXfeDjqkcrSeHy s5g K
Source: X

Ethereum records largest single-day ETH inflow

In a surprising show of faith, Ethereum just recorded its largest single-day accumulation inflow ever, 449,000 ETH, valued at approximately $786 million, entered accumulation addresses on April 22. This surge came even as prices dipped into the $1,400 range, pointing to long-term holder conviction rarely seen since 2018.

In spite of this milestone of accumulated amount, the prices of most of these addresses have a realized value of $1,981 and hence remain underwater, indicating the possibility of further downside. Nevertheless, the 10% increase in active addresses between April 20 and 20–22, from 306,211 to 336,366, puts bullish sentiment at the network level into perspective. The differences between the increasing network engagement and stagnant DeFi action, however, question the sustainability of the momentum.

Trader warns of bearish pattern forming

Ethereum is at a key resistance area close to $1,895, where 1.64 million ETH was built up in November 2024. This area also coincides with the 50-day EMA, or traditional trend metric. A failure to clear this level may consolidate Ethereum’s current macro bearish trend.

Veteran trader Rektproof signaled a possible bearish fractal, matching previous setups that created significant price declines. If Ethereum cannot hold support, a retest of $1,400 becomes possible. For any possibility of bullish reversal, analysts confirm that a close above $2,142 on the daily timeframe is critical to break the existing lower high and lower lows structure.

Polkadot (DOT) Analysis: Will Wave 2 Lead to a Rally Above $11.27?

by

  • Polkadot (DOT) shows firm support on lower timeframes, but a three-wave structure signals potential consolidation ahead.
  • Key resistance levels between $5.31 and $8.84 must hold to sustain the uptrend and avoid a possible stall.
  • While $11.27+ is a possible target, traders must stay cautious and watch for reversal signs at key resistance levels.

Polkadot (DOT) is in a critical state, but the support levels look quite firm on lower time frames. The cryptocurrency is yet at the early stages of wave 2, which suggests an upward movement. The price action has now completed five waves so far up, implying that despite the rally, there could still be resistance in the higher time frame ahead, as marked in the next section. 

In an X post on Friday, More Crypto Online suggests that support levels will remain stable in the short term, which is beneficial for the near future. However, it is worth noting that a three-wave structure suggests the current move could be merely a consolidation rather than an actual rally. This formation indicates that the current price increase may not be permanent, as similar patterns are often followed by a reversal or consolidation. 

Polkadot Price Target Outlook

The areas of potential resistance are situated between $5.31 and $8.84. These points can be regarded as key levels that the cryptocurrency’s price needs to defend in order to sustain the uptrend. Should the price fail to reverse past this region, then there is the possibility of the current bullish run stalling. The success of breaking out or breaking down these levels will dictate whether the rally will continue or stop.

AD 4nXcXpMFQruJGi94VW Y3mJORjAnBGimDNOuyydLjJ7 YL9qjZ2YH2cM4mIyfG g9Ku0V177L6zP8OvWVXDuQxGoexOi zi LZWZd0jUqjm2JhDHIJw5nokSSQgg4z4HC3B p3XYdtQ?key=BcVARDucE6P2wVQ2dFklMm9K

Source: X

While the analyst does not anticipate Polkadot reaching its all-time high in the near term, a move above $11.27+ cannot be ruled out. However, it is a move that should not be made hastily, as the market is unpredictable at this time. Investors are urged not to get carried away with the bull run and instead, be on the lookout for reversal or consolidation levels to emerge around the resistance indicators.

Importance of Microstructure Analysis

The analyst also stresses that identifying microstructure within the overall large current is critical. The specific characteristics described in wave (c) provide a more accurate indication of the short-term trend. Traders should pay attention to them in order to get a better understanding of how the price may evolve in the near future. 

Nevertheless, based on the Polkadot price movement, there is a possibility of higher price levels more than $11.27; traders should approach these levels carefully. Currently, the market is at a critical stage, experiencing certain levels of pressure and displaying some tendencies that can be viewed as microstructures. These aspects that have been outlined above should be followed well to enable the investors to make better decisions in the coming weeks.

Read More: Crypto Rules Rewritten as Federal Reserve Moves Toward Integration

FET Price Breakout: Can It Surpass $0.774 and Reach New Heights?

by

  • FET has reached the 100% Fibonacci extension, signaling a key stage in its price cycle with bullish momentum ahead.
  • As long as FET stays above $0.605, the market remains bullish, with no signs of a reversal or price top.
  • Key resistance levels for FET are $0.774, $0.826, and $0.918, which traders will watch for signs of sustained growth.

Analyst More Crypto Online also provided a technical analysis of FET, stating that the price of FET has reached the 100% Fibonacci extension. This implies that the asset has reached a critical stage in its price cycle, a highly technical development. The current price structure falls within a three-wave symmetrical triangle pattern, which is typically characteristic of preceding bullish markets.

The picture clearly shows that the increasing growth trend is already in place and is expected to continue well into the future. If FET manages to stay above $0.605, it remains bullish for the market. This particular support level has been well established to help investors remain optimistic over the continuing rally. If the price remains above this level, there is no evidence that the advance will falter.

FET Resistance Levels

FET continued to be active near and below its next key resistance levels. The analyst charted three levels of interest for price: $0.774, $0.826, and $0.918. These levels are considered important from the point of view of probable resistance and may be connected with the further fate of prices. These levels will be key levels of focus among traders in determining whether or not the cryptocurrency can surpass them to sustain the uptrend.

AD 4nXdFrK dMXvxLopriVAT6HbnDXfbfTnjriQ

Source: X

Besides these essential levels of resistance, the analyst observed some internal structure within wave (c), outlined in yellow. This formation makes sense in expanding the understanding of the trend and gives an insight into the specific short-term direction within the large pattern. It also helps the traders to get a deeper perception of how the price action is going to be in the trading cycle, hence the need to change their strategies.

Critical Support Levels

Therefore, even though the generalized prognosis remains favorable, one should not disregard potential risks. Traders should focus on the supply and demand zones, especially the former at around $0.605. If it falls below this level, then the market sentiment could be considered as bearish. However, if the price remains above this point, the bullish formation is likely to persist. As of press time, FET is trading at $0.6980, showing a 12.56% increase over the past day.

AD 4nXfvXFKy6Pb6xhN2ru2j2Jc5LlZlNE3n4JJh0tidzWoWy9vRV35tLr88

Source: TradingView

FET shows a good potential for further price increases in the near future. This resistance is expected to provide further upward trajectory as more prices are seen ahead. On the technical front, this can be construed to mean that unless a reversal occurs, the target of the bulls is set to hold. These levels should be closely monitored to forecast the market trend in the coming weeks.

Read More: Ripple (XRP) Price Prediction: Will it Reach $1,000 as Blockchain Adoption Soars?

XRP’s Road to $120: Can the Next Cycle Match 2017’s Explosive Growth?

by

  • XRP could mirror the 2017 cycle, with $27 followed by a surge to $120, according to Egrag’s forecast.
  • Egrag predicts XRP’s “Wave 4” phase could last three years, with a potential for triple-digit prices.
  • Investors remain bullish on XRP’s future, expecting double-digit prices before the end of Wave 3.

XRP is currently approaching its fundamental development stage; investors assert that the token still holds potential for a 2017-type performance. The cryptocurrency is currently in “Wave 3” of its cycle, according to Egrag, which is expected to end this summer in the double-digit mark. Egrag identifies the next phase as “Wave 4,” a phase that is expected to be complete within the next three years.

XRP’s Market Fluctuations and Cycles

According to the analyst, such a market consists of fluctuations before entering a bear market in this phase. This would be followed by consolidation, which would then open the opportunity of a new cycle that could bring tokens to three figures. Egrag’s forecast has attracted attention as he compares the current XRP cycle to that of 2017, which was characterized by fluctuation of price.

The initial projection for breaking a high is at $2,7, which will be followed by a steep rise to $120. The forecast for the future cycle suggests that it may be similar to the one observed in 2017. He also states that the different phases might be either thicker or thinner than in the past, so the time needed for them is also uncertain.

AD 4nXfDAFmorCk v5EFpumFIvsAP9vYv3Lxjat5d2oSTPMY8Z2IhyUhVD4F06iprL1LKQC3bQ35JzeiHRlsWfxDBOFlPbEXENJ6xt mczSOjneaYswkMbxhPy5CBRGAnX

Source: X

XRP’s value remains a subject of focus, especially given this new perspective into the crypto’s future in the following years. The expectations before the beginning of Wave 4 lie in the fact that many investors are expecting the cryptocurrency to rise to double digits before the end of Wave 3. The additional interest in the movement of coin in the market has contributed to the general sentiment of the potential of XRP in future returns.

XRP’s Potential for $120

Market participants are also interested in reaching $120, and this has made people believe that cryptocurrency has a lot of potential in the future. If the market is to go in accordance with the prediction, then the experience was just the start of a new bull run cycle for the cryptocurrency market. Traders are notably observing the upcoming phases to check whether it will follow these phases as predicted in trading. As of press time, the Ripple token is trading at $2.16, showing a 4.26% decline over the past day.

AD 4nXdRFokcaf8MnHFb NDwDoyAj7nGoAxdGuL xFNKE3IIU yvdxErdSXC H2FeybexeiLjWveKV1eHmPPDUijHBo19n27Sl

Source: TradingView

The outlook for the token is fairly bullish over the longer term, with the potential for much higher nominal value in the year ahead. As far as phases’ timing is concerned, it is not very clear, yet the events give hints of an XRP replicate of the 2017 cycle. Many investors and traders are eager to see whether the cryptocurrency will indeed follow this path.

Bitcoin Outflows Surge as Investors Bet on Future Value Growth: Report

by

  • A sharp decline in Bitcoin’s exchange outflows signals increased investor interest, possibly ahead of a price surge.
  • Over the past few days, Bitcoin’s value rose by 10.2%, fueled by growing adoption and optimism for a potential all-time high.
  • With the US dollar weakening, Bitcoin strengthens as an inflation hedge, attracting more investors and distancing itself from traditional assets.

The analytical platform CryptoQuant reported a sharp decline in the net flow of Bitcoin on exchanges. Bitcoin outflows have shown their 100-day moving average to be at its lowest level since February 2023. This represents the highest outflow of Bitcoin from the exchanges in more than a year. This decline showed that investors might be purchasing Bitcoins again, most likely in anticipation of a further increase in value.

AD 4nXfXc8fqf Sdc9WOzsc9jVrIfyevl5MVxy5aaQ9bZwA0EFIN 1n9IPt7X0dZnXrO7cSiBucDzeh9mrEJrZIMnFvp2B24 RP TfjsIHta6HOutQzPa yS5W9VhInm7LC8OAY1GySe?key=MRappv96DKkikbfSK PhyWBq

Source: X

Bullish Sentiment Drives BTC

The cryptocurrency has recently experienced a notable increase in its trading value over the past few days, rising by 10.2% against the US dollar. This follows an uneventful spring, during which the digital asset’s performance showed slight improvement. There is emerging bullish sentiment as Bitcoin news prepares for a possible new all-time high (ATH). This indicates an enhanced adoption of BTC for storing value, thereby supporting its increasing value.

Bitcoin has an inverse relationship with the dollar, indicating that the value of the former increases as the value of the latter decreases. However, as the dollar weakens, the flagship cryptocurrency becomes even more attractive as a hedge against inflation. 

AD 4nXd9aCfGbyxp1hO piat0 8o5BGz2SqpzWYqhK

Source: X

However, besides the dollar’s depreciation, BTC is also influenced by certain global events. Anticipated tariffs that were being applied under President Donald Trump may be exiting circulation. If this occurs, it will help decrease market fluctuations and increase investor sentiment. Moreover, with the emergence of a probable peace deal in Ukraine, global markets could regain their stability and boost the demand for high-risk products including BTC.

BTC’s Divergence from S&P 500

Bitcoin is also exhibiting the signs of gaining independence from regular stock market indices. Over the past week, BTC has once again diverged from the S&P 500 and the Nasdaq Composite. The linkage with the S&P 500 has reduced from 0.88 to 0.77. Additionally, the correlation with Nasdaq has decreased to 0.83, down from 0.91, indicating a decline in the connection between BTC and stocks.

Another bearish pattern that is being evident is the incline in the ratio between BTC and gold. In fact, with respect to the previous 30 days reading of earlier this month, when the WPI-based inflation was -0.62, the correlation has reduced its value to -0.31. Thus, BTC has one advantage over gold: it is even rarer. However, it has no other similarities with this precious metal.

Bitcoin’s market dynamics are shifting. On balance, the global decoupling of BTC from the traditional financial instruments and closer connection with gold prefigures its promising future. These and other similar trends are being observed by investors, as this could open up the possibility of BTC becoming an integral part of the global financial system.

Bitcoin Poised for Rally: Can $90,350 Hold as Support?

by

  • Bitcoin’s bullish outlook remains intact, with potential for a rally if it holds above key support at $90,350.
  • Recent Bitcoin price movements and wave counts suggest a strong foundation for further upward momentum.
  • Massive $1.2B ETF inflows signal rising institutional interest in Bitcoin, boosting the chances of a price surge.

Bitcoin continues to hold a bullish outlook, and it may be ready for another rally soon. More Crypto Online noted that Bitcoin’s retracement process is necessary to maintain its bullish outlook. If a break occurs below $90,350, it might mean that the price has returned to the third wave (wave 3) of the rally. However, optimism remains high, particularly regarding the expectation of larger moves for Bitcoin in the future.

Recent price movements of Bitcoin indicate that the charts have surged from the lows observed in April, which Fundamental analysts view as an indication of a future direction. This has been further helped by the fact that wave count has shown the price action as a full 5-wave impulse from the April low. The cryptocurrency has now reached wave 5, which is considered a crucial support level. Thus, if BTC stays at this level, it will lay the groundwork for the next wave in the cryptocurrency’s ascent.

AD 4nXf8qCEGxQwN87klL4eqemlzB7vnt1JA6UOcNrq6bZnI6YauLbqq0SYyNg9W6EwdYFyIfVTLI7g68jQj8p26cJ5XVJHgfzLXE44C0NEYI8h HQioLfQPEc8xevlIU3RtRQVCAhGMpg?key=sF9HdfJUsrzN0F B ggYXpLr
Source: X

Bitcoin Price Fluctuations

Despite this, the price of BTC has not yet demonstrated any signs that a top is imminent, yet bear in mind that the market is volatile. Market makers are now in a dilemma whether to wait for the confirmation or prepare themselves for the rally. On the one hand, typical of Bitcoin, fluctuations occur rapidly, and one must pay attention to them constantly.

Crypto Busy found out that over $1.2 billion flows into these ETFs within a single day. The market marked the biggest single-day inflow of 11,898 BTCs, which has been seen since November 2024. This daily inflow is 500 times higher than the average for the year 2025, which is an indication that there is a growing acceptance of BTC by institutional investors.

AD 4nXcgtJrrwXvZbPSvGjyeyBtjDYzjPXN BwArK6AGHteECbYeLcUv7 8T1QKokspIrtoUhGZl0veHSfZ6B8wjhOT8SWg8gsqlzbLrOS2b3nDKQAWWZAI UCr0RVjwWThtaQvJ92UqiA?key=sF9HdfJUsrzN0F B ggYXpLr
Source: X

Massive ETF Inflows Signal Surge

The flows from exchange-traded funds (ETFs), amounting to about $1.2 billion at current prices, depict the fact that institutional investors are now warming up to BTC. This is even more evident when it has risen by 11.5 times as compared to the overall average per day since the ETF’s creation. The possibilities of a higher price are now on the rise due to the increased interest that has been tagged to large investors. As of press time, BTC is hovering at $93,530, up by 0.20% over the past day.

BTCUSDT 2025 04 24 05 06 06
Source: TradingView

The present decline in BTC prices could just pave the way for the next big move up. The increase in ETF inflows and continued upward price behavior trends suggest a possible further surge in Bitcoin price soon. Market participants should pay attention to these levels and be ready for more fluctuations as long as they last.