Bitcoin investment fund opens doors to EU citizenship

A new fund offers a way to gain citizenship in Portugal by indirectly investing over $500,000 into Bitcoin.

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Crypto Analyst Puts Bitcoin Price At $120,000 If This Range Breakout Happens

The Bitcoin price is flying high at the moment, having rallied to a new all-time high (ATH) of $111,800 on May 22. Now, crypto analyst Tony Severino has predicted that this rally is likely to sustain, with BTC reaching $120,000 at some point.  Bitcoin Price To Reach $120,000 Following This Range Breakout In an X post, Tony Severino predicted that the Bitcoin price could reach between $116,000 and $120,000 following the breakout from the $106,000 range. This prediction came just before BTC surged past its previous ATH of $109,100 on May 21. The analyst asserted that the flagship crypto could witness a long, white candlestick leading to the rally to this range.   Related Reading: Bitcoin At $118,000 Before June? Trader Reveals When As Weekly MACD Turns Bullish He had also warned that failure to break above the $106,000 range could lead to a retracement as lower timeframe momentum begins to wane. In another post, Severino explained why the range breakout was significant, noting that these breakouts in the Bitcoin price tend to offer a sustainable short-term trend to ride higher. He added that a valid range breakout should be supported by the RSI above 70 on the 3-day timeframe.  The Bitcoin price currently boasts an ultra-bullish outlook, having rallied above the $110,000 mark and reached a new ATH of $111,800. Commenting on the surge to a new ATH, Severino admitted he was wrong about the bear thesis, stating that the macro fundamentals led over the technicals on this rally.  The crypto analyst is confident that the Bitcoin price can go way higher. In his latest analysis, he revealed that BTCs quarterly just triggered a perfected TD9 Sell Setup. He added that the only other time this happened was in Q4 2017, which was the most bullish quarter in crypto history. Bitcoin eventually rose by over 350% above the candlestick open. If history were to repeat itself, Severino predicts that the move will be fast, violent, and over sooner than anyone can imagine. He noted that up appears to be the chosen direction, which is a positive for the Bitcoin price.  A Golden Cross Is Incoming For BTC In an X post, crypto analyst Titan of Crypto stated that a golden cross is incoming for the Bitcoin price. He remarked that BTC is repeating the same pattern, with a Death Cross happening before the Golden Cross. The analyst added that the last time this happened, it triggered a major rally.  Related Reading: Bitcoin Macro Trend Oscillator Shows When To Expect The Price Top In another post, Titan of Crypto predicted that the Bitcoin price could rally to as high as $135,000. He affirmed that the target is still play, with BTC likely to reach this price level this year. Meanwhile, veteran analyst Peter Brandt suggested that Bitcoin could rally to between $125,000 and $150,000 by August.  At the time of writing, the Bitcoin price is trading at around $111,300, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

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Ethereum Flashes Golden Cross Signal Can Bulls Push ETH To $3,000?

Ethereum is now trading at a pivotal juncture after days of consistent selling pressure that have pushed the price down by more than 12% since last Tuesday. Currently hovering around the $2,400 mark, ETH is struggling to maintain bullish momentum, and many analysts warn that a deeper correction could follow if bulls fail to defend this crucial support zone. The recent drop reflects broader market uncertainty, with rising volatility shaking investor confidence just as ETH appeared ready to join a wider altcoin breakout. Related Reading: Cardano Whale Activity Spikes 80 Million ADA Added In 48 Hours Despite this weakness, theres growing optimism in some corners of the market. Top analyst Ted Pillows shared a technical analysis showing that a Golden Cross has been confirmed on Ethereums 12-hour chart a signal traditionally viewed as a precursor to major bullish moves. This crossover, which occurs when the 50-period moving average crosses above the 200-period moving average, often marks the beginning of an extended uptrend. If bulls manage to hold current levels and reclaim higher resistance near $2,600, the Golden Cross could become a turning point. Until then, the coming days will be critical in determining whether Ethereum can bounce or sink into a longer consolidation phase. Volatility Hits Ethereum Amid Golden Cross Signal Ethereum saw sharp volatility over the weekend, surging past $2,550 before rapidly reversing and falling back into the $2,400 zone within hours. This sudden move has sparked renewed uncertainty, as analysts grow cautious about the fading bullish momentum and rising selling pressure. While ETH remains one of the stronger performers in the broader altcoin market, it is still down 36% from its December high of around $4,100. This leaves bulls with a clear challenge: hold current levels and regain control by pushing prices above $2,800 to ignite a sustained rally. The $2,400 level is now acting as a critical support zone. A break below it could trigger a deeper retracement, likely dragging Ethereum into a consolidation range or even toward lower support levels. Still, technical signals offer a glimmer of hope. According to Pillows, Ethereum recently confirmed a Golden Cross on the 12-hour chart a bullish pattern that occurs when the 50-period moving average crosses above the 200-period moving average. Historically, such signals have preceded strong upside moves, and Pillow believes this one could pave the way for Ethereum to reach $3,000 in the near term. However, for that to happen, buyers must step in decisively. Volume has tapered off, and sentiment appears fragile after last week’s breakdown. If bulls can defend the $2,400 region and reclaim higher resistance quickly, the Golden Cross might mark the beginning of Ethereums next leg up. Until then, the market remains in a wait-and-see mode, watching whether the bullish signal can outweigh the growing pressure from sellers. Related Reading: XRP Flashes Bullish Signal Technical Indicator Hints At Imminent Rebound ETH Tests Key Support After Drop From Local Highs Ethereum is trading at $2,402 after a sharp Sunday sell-off, where the price spiked to $2,670 before retracing more than 10% in less than 24 hours. As seen in the 4-hour chart, ETH is now consolidating right above the $2,390$2,400 zone, a level that is proving critical for bulls to hold. This area coincides with a prior consolidation zone and could act as a short-term support base. The 200-period EMA on the 4H chart is currently at $2,130, and the 200 SMA is near $1,991 both are significantly below the current price and offer long-term trend support. However, the volume profile shows a spike in sell-side activity during the pullback, suggesting that short-term traders are locking in profits. If price breaks below $2,390, a deeper retrace toward the $2,200$2,300 range becomes likely. Related Reading: Bitcoin Consolidates Below ATH Buying Pressure Weakens As Equities Outperform On the upside, ETH must reclaim $2,550 to reestablish momentum. Failure to do so could confirm a local top. The price action is clearly indecisive, and this range-bound structure could persist unless bulls reassert strength with a decisive move above $2,600. Until then, the $2,400 level remains a battleground between buyers and sellers amid elevated volatility. Featured image from Dall-E, chart from TradingView

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Bitcoin Not Out Of Danger Yet, NVT Golden Cross Warns

On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross still has a high value, a sign that may be bearish for BTC. Bitcoin NVT Golden Cross Is Still Near Historical Top Zone In a CryptoQuant Quicktake post, an analyst discussed the recent trend in the NVT Golden Cross for BTC and its [...]

The post Bitcoin Not Out Of Danger Yet, NVT Golden Cross Warns appeared first on Crypto Breaking News.

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This Bitcoin Indicator May Have Signaled Latest Market Downturn In Advance

The Bitcoin Network Value to Transactions (NVT) Golden Cross indicator attained overheated values coinciding with the recent local top in the price. Bitcoin NVT Golden Cross Surged To 3.17 During Recent Peak An analyst in a CryptoQuant Quicktake post explained that the NVT Golden Cross may have served as an indicator of the recent top in cryptocurrency prices. The “NVT” refers to an on-chain metric that tracks the ratio between Bitcoin’s market cap and transaction volume (both in USD). This ratio is generally used to determine whether the asset’s price is fair or not. Related Reading: Bitcoin Short-Term Holders Capitulate: $5.2 Billion Sold At Loss When the indicator has a high value, the asset’s price (the market cap) is high compared to its utility (the transaction volume). Such a trend may suggest that the coin could be overvalued currently. On the other hand, the low metric could suggest the network isn’t valued fairly compared to its high ability to transact capital, and as such, its price may be due to an uplift. In the context of the current discussion, the NVT itself isn’t interesting, but rather, a modified version called the NVT Golden Cross is. This metric compares the short-term trend of the NVT (10-day moving average) against its long-term trend (30-day MA). Like the NVT, this variant is also used to estimate the fairness of the asset. Historically, values greater than 2.2 have been a signal that BTC is overheated, as the short-term trend is notably outpacing the long-term at these levels. Similarly, values under the -1.6 level may indicate that the cryptocurrency is undervalued; hence, its price may likely form a bottom and find a rebound soon. Now, here is a chart that shows the trend in the Bitcoin NVT Golden Cross over the last few years: The value of the metric seems to have been going up in recent days | Source: CryptoQuant As displayed in the above graph, the Bitcoin NVT Golden Cross rose to relatively high levels earlier. This growth happened as the asset’s price rallied towards the $71,000 level. The metric had touched the 3.17 mark in this surge, which suggests the coin may have become too overpriced. Indeed, the asset followed this by observing a sharp drawdown, which took it back under the $65,000 level. As the quant has marked in the chart, a similar pattern of the NVT Golden Cross hitting these high levels and resulting in a price correction was observed at different points over the last few years. Related Reading: Bitcoin Traders No Longer Extremely Greedy: Rebound Signal? Since the latest overheated signal, the indicator has cooled off alongside the Bitcoin price, although it hasn’t gone towards the negative side yet. BTC Price Bitcoin has recovered over the past day as its price has now climbed back to $67,800. Looks like the price of the asset has seen some uplift over the last 24 hours | Source: BTCUSD on TradingView Featured image from Kanchanara on Unsplash.com, CryptoQuant.com, chart from TradingView.com

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PEPE Price Breaks Ascending Triangle To Target Another 20% Crash

The PEPE price has taken a sudden bearish turn after breaking out of an Ascending Triangle pattern. In light of this breakout, a crypto analyst has predicted that PEPE could face a massive 20% price crash if it fails to hold above a critical resistance level.  Bears Threaten 20% Crash In PEPE Price PEPEs price action has swiftly reversed from bullish to bearish, marked by a negative Change of Character (CHoCH) following its breakout from an Ascending Triangle pattern. Notably, PEPEs CHoCH is highlighted where the price broke below previous support, indicating a significant structural shift to the bearish zone as buyers lose momentum.  Related Reading: PEPE Price Enters Oversold Levels On Daily Timeframe, Heres What Happened The Last Two Times According to pseudonymous TradingView analyst MyCryptoParadise, bears could seize control of PEPEs price as it approaches a crucial resistance zone at $0.000008. The analyst has suggested that if the meme coin fails to break above the resistance, it could result in a 20% crash to lower support levels.  The first minor support level at $0.0000065 is highlighted in the green line on the analysts price chart. Should bearish momentum persist, PEPE could drop further, trapping late buyers and extending its correction phase. The analyst has pinpointed a much deeper support zone at $0.0000055, serving as a crucial defense against a stronger price breakdown.  A major factor supporting PEPEs projected price crash is the alignment of its key resistance level with several bearish elements. The TradingView analysts price chart shows that PEPEs $0.000008 resistance coincides with a 200 Exponential Moving Average (EMA), which acts as a dynamic resistance. The 200 EMA is often a reliable indicator of long-term trend shifts, and its overlap with the resistance adds strength to the bearish outlook.  The resistance also coincides with a Fair Value Gap (FVG), a region where liquidity has been left untested, suggesting that price could be drawn back to fill this gap. Lastly, PEPEs critical resistance level intersects with a Fibonacci Golden Zone, a key retracement level where price reversals often occur, further signaling the potential for a downturn.  Potential Breakout Scenario While MyCryptoParadise projects a 20% correction for the PEPE price, which is currently trading at $0.00000698, he also shared a possible bullish scenario in which the meme coin surprises traders with an upward breakout. The TradingView analyst has projected that if PEPE manages to close a candle above the $0.000008 resistance, his bearish thesis could be completely invalidated. Related Reading: Analyst Says PEPE Price Must Break This Resistance Level For 150% Surge Toward ATHs In this case, the market should anticipate a continuation of the uptrend, with the next price target potentially reaching $0.0000085 and beyond. However, for bulls to break through this resistance level, strong volume and momentum are required. Given that Pepes price is still in the red, this bullish scenario seems like a less likely scenario for now. Featured image from Adobe Stock, chart from Tradingview.com

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Cardano Price Breaks Out Of Prolonged Bearish Trend Toward $0.7, Heres The Next Target

After weeks of constrained price action and consistently lower highs, Cardano (ADA) appears to have finally broken free from its bearish grip. A recent analysis by crypto trader TehThomas on the TradingView platform confirms that ADA has broken out on the 4-hour chart, which may be marking the beginning of a more significant trend reversal.  ADA Breakout Reshapes Market Structure After Downtrend Cardano, like the rest of the crypto market, experienced a bearish trend in March. This bearishness was so intense that it saw the altcoin go from hoping to break above $1 in the first few days of March to the bulls working to prevent a close below $0.65 at the end of the month. Related Reading: Cardano Price Could Be Set For 100% Rally As This Bullish Triangle Has Formed On The Daily Timeframe In terms of price action, the Cardano price held up better than most large market-cap cryptocurrencies throughout this decline. Interestingly, technical analysis shows that Cardano’s price action in the last week of March played out in a descending channel formation, as highlighted by crypto analyst TehThomas. According to the technical analysis, which examined Cardano’s price action on the 4-hour candlestick timeframe, the descending channel that confined Cardanos price for the past several days was eventually breached in the first few days of April, allowing the asset to snap out of its minor corrective structure. Although limited to the 4-hour timeframe, this development could prove significant in shaping ADAs trajectory through April. If the momentum holds, more traders may start positioning for a continuation toward higher resistance levels above $0.7 that was easily broken in recent weeks. Golden Pocket And Fair Value Gap Converge: Target Zones To Watch The next challenge lies in reaching a zone that combines two significant technical features: the golden pocket and a Fair Value Gap (FVG). The golden pocket, located between the 0.618 and 0.65 Fibonacci retracement levels, is commonly seen as a strong resistance zone, especially following a breakout. In the case of Cardano, TehThomas identified the golden pocket lying around $0.72. This level here could pose a resistance for any uptrend above $0.70. The $0.72 region is also highlighted by a Fair Value Gap (FVG), created by the quick price fall in March that left behind an unbalanced area on the chart. According to TehThomas, price tends to revisit these imbalances to fill them, making this confluence a magnet for short-term action. Related Reading: Cardano Price Prediction: Analyst Says $0.8 Might Not Come Again If This Wedge Breaks Out Liquidity will likely be clustered here as well, meaning that Cardano could face some volatility as it approaches it. If bulls can break through this zone with conviction, it could open the path to above $0.7. However, if the price stalls or rejects, the cryptocurrency may pull back to retest the breakout point at $0.65 before attempting another push. Interestingly, this has been the case in the past 24 hours. Featured image from iStock, chart from Tradingview.com

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Bitcoin Price Flashes Golden Cross That Only Happens Once Every Cycle, What To Expect

The Bitcoin price has just printed a rare Golden Cross on the weekly chart a technical signal that historically appears once every market cycle. This Golden Cross has previously preceded some of Bitcoins most explosive bull runs, and analysts are eyeing its return as a sign that the next bullish leg up could be near. A Golden Cross occurs when a shorter-term Moving Average (MA), usually the 50-week MA, crosses above a longer-term one, like the 20-week MA. In the crypto world, this technical formation is perceived as a significantly bullish indicator that often leads to a long-term trend reversal or the start of a new uptrend. While the signal alone doesnt guarantee gains, Bitcoins price history suggests its one worth watching closely.  Bitcoin Price Flashes Super Rare Golden Cross According to Merlijn The Trader, a crypto analyst on X (formerly Twitter), the Bitcoin price has just flashed a Golden Cross, one that has only been seen three times in the past decade. Each time Bitcoin has printed this Golden Cross, it has undergone a parabolic move upwards.  Related Reading: Is The Bitcoin Price Top In At $109,000 Already? What The MVRV Z-Score Says In 2016, Bitcoin recorded a massive surge of 139% after flashing a Golden Cross on its price chart. Similarly, in the 2017 bull cycle, the flagship cryptocurrency underwent another crossover, which led to an astonishing 2,200% increase, marking one of its most parabolic rallies and capturing the attention of the world.  In 2020, during the historic bull market that led to Bitcoins global exposure and dominance, the same Golden Cross pattern was formed. Following this, Bitcoin recorded a 1,190% rally, pushing its price to its then all-time high near $69,000 in 2021.  Now, in 2025, five years after the previous Golden Cross appearance, Bitcoin has once again printed this powerful signal and could be on the verge of another historic rally. The analysts price chart shows the crossover forming clearly, with many comparisons to the previous cycle setups  While the exact percentage price increase this time remains unknown, the consistency of the pattern has sparked the analysts prediction that Bitcoin may be gearing up for a powerful rally above $200,000.  Analyst Predicts BTCs Next ATH Target In another similarly bullish Bitcoin price analysis, Crypto Caeser, an analyst on X, has projected that the flagship cryptocurrency will soon hit a new ATH this cycle. While many suggest that the Bitcoin price surge above $109,000 during US President Donald Trump’s inauguration was its market top, a significant portion of the community still expect a rally to a higher peak before a bear market.  Related Reading: Bitcoin Sees Highest Exchange Outflows In 2 Years, What This Means For Price Sharing a Bitcoin price chart that outlines its possible bullish trajectory, Crypto Caeser predicts that the flagship cryptocurrency could be heading to a weak high of $110,000. The analyst has pinpointed a key support zone around $90,000, emphasizing that this was the most optimal price level for maximum buying. Featured image from Pixabay, chart from Tradingview.com

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Bitcoin Price Prediction: The Last Leg-Up That Confirms A Resounding Rally To $150,000

A new Bitcoin price prediction suggests that the flagship cryptocurrency needs just one more leg up to kickstart a powerful bullish move toward $150,000 and beyond. With Bitcoin getting ready to once again hit new all-time highs, technical formations suggest that this projected rally could be the final confirmation of a long-term breakout.   Bitcoin Price Roadmap To $150,000 ATH A new Bitcoin price analysis released by market expert CrediBull Crypto on X (formerly Twitter) predicts that BTC is gearing up for a massive surge to $150,000. The analyst shared a Bitcoin price chart, using Elliott Wave theory on the lower time frames to break down the roadmap to this new all-time high target.  Related Reading: Bitcoin Price Bullish Confirmation: What Needs To Happen For Next Leg Up To $130,000 Bitcoin is currently forming a 5-wave impulse move on the lower timeframe. The recent price action suggests that it has completed sub-waves i, ii, iii, iv, and v, collectively forming what appears to be Wave 1. Following this, the cryptocurrency experienced a collective pullback in Wave 2, which acted as support and now serves as a launchpad for the next major leg in Wave 3the longest and most explosive wave in an impulse sequence.   If the next wave completes to the upside, it would strongly suggest that Bitcoin is not in a corrective pattern but rather an impulsive trend that could take it to a six-figure valuation once again.  CrediBull Crypto has highlighted $89,000 as a critical level for Bitcoin. He suggested that if the cryptocurrency drops below this price zone before pushing higher, the Elliott Wave structure would likely morph into a 3-legged corrective pattern rather than a 5-wave impulse. This move would imply that the projected rally is not the start of a macro breakout, and the market may have to wait longer for a confirmation.  On the other hand, holding above $89,000 and printing a higher high would complete the anticipated final leg up, validating the start of the large Wave 3 on higher time frames. This bullish scenario would support a strong accumulation strategy, where price declines could become opportunities to buy as Bitcoin targets $150,000 or more.  MVRV Golden Cross Signals BTC Bull Rally Bitcoins Market Value to Realized Value (MVRV) ratio has formed a Golden Cross with its 365-day Simple Moving Average (SMA), according to fresh data shared by crypto analyst Ali Martínez. The analyst has shared an optimistic outlook for Bitcoin, highlighting that this technical event could spark the next BTC bull rally.  Related Reading: Bitcoin Price Following Analysts Prediction For Bullish Breakout, Heres The Target The Bitcoin chart, published via CryptoQuant, highlights the MVRV ratio surging above the long-term Moving Average. A rising MVRV ratio typically suggests that BTC holders are once again in profit, and sentiment is shifting from bearish to bullish. The last time this crossover occurred, Bitcoin saw a multi-month rally that pushed its price to new all-time highs. Featured image from Pixabay, chart from Tradingview.com

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Analysts Bitcoin Price Prediction From March Plays Out, Heres The Rest Of It

A Bitcoin price prediction made exactly one month ago by popular crypto analyst Doctor Profit on social media platform X has unfolded with interesting accuracy. On March 21, Doctor Profit outlined a detailed price trajectory for Bitcoin, predicting specific price movements, resistance and support zones, and the influence of the M2 money supply. Fast forward to April 21, Bitcoin’s price movements have closely mirrored the analysts forecast, lending credibility to the remaining parts of his prediction. How Bitcoin Followed Doctor Profits March Forecast Doctor Profits analysis is based on Bitcoins response to changes in the M2 money supply, which he identified as a misunderstood indicator. He argued that although the market experienced an increase in liquidity starting in February, Bitcoin’s significant bullish rally from September 2024 onwards had already factored in this liquidity expansion, contrary to what most investors had expected. Related Reading: Bitcoin Price To Break $125,000 But Sell Everything In October, Analyst Warns Notably, Doctor Profit had previously highlighted a key technical level, the weekly EMA 50, also known as the Golden Line, at approximately $76,000. He expected a bounce from this level, projecting a move to the $87,000 to $88,000 region before another correction. Bitcoin followed this script almost exactly, crashing in the first few days of April before rebounding from around $76,000 on April 9. Now, Bitcoin has rallied back above $87,000, coinciding precisely with Doctor Profit’s prediction. Next Phase: Bitcoin Heading For Support Zone At $70,000 To $74,000 Now that Bitcoin has bounced and is trading above $87,000 again, Doctor Profits immediate next target is a potential crash towards $74,000 to $70,000, which is slightly below the highlighted Golden Line. According to the analyst, the markets behavior at this support zone will be decisive. It is at this zone that the Bitcoin price will reveal its next major directional bias.  Related Reading: Bitcoin Enters Oversold Levels, Analyst Warns This Is Bearish, Not Bullish Doctor Profit laid out two clear scenarios based on Bitcoins reaction within the $74,000 to $70,000 price range. If Bitcoin experiences only a temporary wick into this range and manages a strong daily or weekly close back above the Golden Line, this would signal a reversal, and it would be prudent to close short positions and begin accumulating long positions. However, if Bitcoin closes below this crucial area, it could trigger a deeper bearish move, leading its price to significantly lower levels, possibly revisiting the $50,000 region under a worst-case Black Swan scenario. Notably, whichever bearish scenario plays out, it is expected to occur by April and likely into early May. Despite the current short-term bearish outlook, Doctor Profit maintained a bullish long-term view. He confidently predicted that the Bitcoin bull run would resume around May or June, eventually driving the price towards new all-time highs in the range of $120,000 to $140,000. At the time of writing, Bitcoin is trading at $87,526, up by 3.28% in the past 24 hours. The bearish outlook towards $74,000 would only be invalidated if Bitcoin successfully closes a weekly candle above the $100,000 level. Featured image from Adobe Stock, chart from Tradingview.com

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This Crypto Analyst Predicted The Bitcoin Price Crash At $97,000, He Just Released Another Forecast

Bitcoin’s price crash from $97,000 in late February surprised most crypto market participants but not this analyst. The crypto analyst known as Doctor Profit, who previously warned of a correction when Bitcoin was approaching $97,000, recently released a new technical outlook that dissuades a bullish trajectory in the short term. In a breakdown shared on the social media platform X, Doctor Profit noted that the breakdown isn’t complete yet. This outlook comes from a former detailed analysis in which the analyst highlighted various Bitcoin price movements to watch out for, all of which have come to pass. Doctor Profit Says Bitcoin Market Dump Is Just Beginning Bitcoin has experienced ups and downs in the past few days with incredibly volatile movements. These ups and downs saw the Bitcoin price fall below $75,000 at the beginning of the week before spending the past four days on a recovery path towards $80,000. Amidst the price volatility, crypto analyst Doctor Profit clarified that he expects the current downward move in Bitcoins price to extend further. Related Reading: Crypto Analyst Warns Of Volume Drop That Could Trigger 60% Bitcoin Price Crash To $49,000 In a recent post on social media platform X, the analyst described the correction as a market massacre that is expected to continue, stating that the party just started. He revealed that he had placed his first buy orders within the $58,000 to $68,000 range, suggesting that the Bitcoin price would keep falling until it reaches this region. Rather than seeing the recent decline as a setback, the price action is a calculated part of the broader strategy which the analyst laid out in an earlier detailed analysis.   Doctor Profits analysis is based on the M2 money supply, a macroeconomic metric he believes is widely misunderstood within the crypto space. Many traders have recently cited the uptick in M2 as a bullish signal for Bitcoin, assuming that more liquidity means an immediate surge in prices. However, the analyst stressed that timing is everything. He noted that Bitcoin tends to front-run traditional markets when responding to M2 increases, but even then, the reaction is not instantaneous. What To Expect With BTC He reminds his followers that in July 2024, he predicted a 50bps rate cut, which was considered highly unlikely at the time. Once that cut materialized in September, around the same time Bitcoin was hovering near $50,000, he labeled it extremely bullish and called for a major rally. As it turned out, the M2 money supply began expanding in February 2025, which aligned with his forecast. Yet, he cautions that while M2 is now climbing, its effect on Bitcoin will play out gradually. Related Reading: Bitcoin Price Mirrors Global M2 As Crypto Analyst Reveals May Timeline For Blast Off Looking at Bitcoins price behavior on the charts, Doctor Profit shifted his focus to the $70,000 to $74,000 range. He believes this range could either serve as a springboard for a fresh upward rally if a strong daily close occurs above the Golden Line around the weekly EMA50 or as a signal for a deeper downside if the price breaks beneath it.  Should a more dramatic breakdown occur, the analyst advised scaling back and waiting for even lower entries around the $50,000 to $60,000 zone. Doctor Profit predicted that the bull run will not resume until sometime around May or June, with upside targets of $120,000 to $140,000. Bitcoin has managed to push above $81,000 after Donald Trump announced a 90-day pause on his ground-breaking tarriffs. At the time of writing, Bitcoin is trading at $82,000, up by 7% in the past 24 hours. Featured image from Unsplash, chart from Tradingview.com

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Cardano (ADA) Price Rally Is Far From Over, Heres Why

Cardano (ADA) has notably trailed behind that of its contemporaries in the ongoing crypto bull run. While Bitcoin has surged to record new all-time highs, alongside a suite of other altcoins, ADA remains approximately 77% beneath its peak historical value. However, emerging technical patterns and market dynamics suggest that this trend could be poised for a reversal, with ADA potentially gearing up to narrow the gap. Cardano Bull Flag Formation: An In-Depth Look Central to this analysis is the bull flag pattern in the ADA/USD weekly chart. The bull flag pattern observed here is composed of two primary elements: the flagpole and the flag. The flagpole is a significant vertical ascent in price, representing a rapid increase in buying pressure. For ADA, this pole formed from mid-October till mid-December and reflects an approximate 185% surge. The flag, following the pole, is a period of consolidation with a downward slope, resembling a flag on a pole. For ADA, the pole developed from mid-December to early February. A subsequent breakout above the flag can often lead to a price rally proportionate to the initial pole’s height. Related Reading: Cardano (ADA) Price Alert: Analyst Predicts 60% Rally In Next 7 Days The Cardano price already broke out and surpassed the crucial resistance at $0.685. If ADA further follows this technical playbook, the rally is far from over. The projected target would be an 185% increase from the consolidation zones breakout point, placing the price close to the Fibonacci 0.382 retracement level, which is around $1.35. Remarkably, the Cardano price must first overcome the 0.236 Fibonacci retracement level at $0.92, an area where greater selling pressure and possibly a shorter consolidation can be expected. Golden Cross And More Bullish Arguments The chart also teases the formation of a golden cross, a bullish signal where a shorter-term moving average (the 50-week EMA) crosses above a longer-term average (the 200-week EMA). Such crossovers can often signal a shift in momentum from bearish to bullish over the long term, and their significance is heightened on a weekly chart, which filters out short-term market noise. Traders often view this crossover as confirmation of a trend reversal, with the potential to catalyze sustained buying activity. For ADA, this could be the final confirmation of a strong bull move. Related Reading: Cardano Price About To Explode: Crypto Pundit Reveals Next Target Beyond that, the weekly chart for ADA presents a broader narrative. The Relative Strength Index (RSI) sits just above the overbought threshold at 74, which indicates strong buying momentum with more room to the upside. The volume, though lower than during the peak periods of 2021, is consistent, suggesting a stable interest in ADA trading without the panic sell-offs seen during sharp declines. Moreover, a series of Exponential Moving Averages (20-week, 50-week, 100-week, and 200-week) provide further context as ADA is trading above all of them. Notably, the 200-week EMA has recently acted as a very strong support for the price, indicative of long-term bullish sentiment. The 50-week EMA is trending upward, which could solidify support levels in the intermediate term. The 100-week and 200-week EMAs are further below the current price, potentially serving as long-term support levels in case of a price retracement. In addition, the Fibonacci retracement levels drawn from the all-time high to the low of the ADA bear market provide long-term price targets. Following the bull flag conclusion, the 0.5 level at $1.697, marking the halfway point of the previous swing high to low, could serve as a next target for the bulls. Thereafter, the 0.618 Fib at $2.04, the 0.786 Fib at $2.54 and finally the all-time high at $3.17 would be subsequent price targets. In conclusion, while the bull flag and the impending golden cross are the stars of the show, other factors such as moving averages, RSI, and Fibonacci levels add depth to the bullish narrative for the Cardano price. Featured image from Shutterstock, chart from TradingView.com

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Analyst Predicts Bitcoin Super Cycle, Sets Price Target At $80,000

Bitcoin, the world’s largest cryptocurrency asset, has finally entered a new price threshold, surpassing its previous all-time high (ATH) of $69,000, accomplished nearly three ago. Following the latest milestone, crypto enthusiasts and experts are very bullish on the digital asset, predicting further upward movement to unprecedented heights in the upcoming months. Bitcoin Super Cycle Area Set At $80,0000 Cryptocurrency analyst Doctor Profit has shared a positive forecast for BTC with the crypto community on the social media platform X. His analysis, tagged “Big Sunday Report,” delves into the next step that BTC is expected to take amid the general market optimism. Related Reading: Bitcoin To $240,000: Analyst Cites Key Narrative As Catalyst Doctor Profit’s projection is based on Technical Analysis (TA), Life-Cycle-Assessment (LCA), and Psychological analysis. Drawing attention to a previous forecast, Doctor Profit stated that a breakout above $48,500 would send the price “all the way to the old ATH very quickly.” Interestingly, this took place in a matter of weeks, at a swift pace. He highlighted that the breakout, which sent Bitcoin to exactly $60,000 as predicted weeks earlier, signaled the start of the “Golden bull phase.” According to the analyst, any movement in the range of “$48,500 to $70,000” right now is considered to be in the golden bull market. Meanwhile, “anything above $72,000” marks the beginning of the “Super Cycle Phase,” indicated by “significant green candle returns and surges.” The expert is confident that before the asset goes higher, it will maintain a “movement inside the golden bull and super cycle.” Specifically, these sideways movements will go on for a while, primarily between “$60,000 (Golden Bull area) and $80,000 (Super Cycle area).” Doctor Profit noted that the movement is not because Bitcoin seems weak or needs to be corrected. Instead, its rally was very swift making it difficult for big market cap altcoins to keep up with the crypto asset. Despite Bitcoin reaching a new peak, major altcoins like ETH, BNB, or SOL still have not been able to record significant inflows, suggesting a pending activation of a robust altcoin market. BTC To Move In Four Phase In This Bull Cycle So far, Doctor Profit expects Bitcoin to move in four distinct phases in this upcoming bull run. The experts underlined the first aspect, “signifying the conclusion of the bear market,” was between $16,000 and $25,000. Related Reading: Bitcoin Fee Shock: Network Charges Double Amidst Excitement Of $70,000 BTC He explains that the next phase, the “pre-bull market,” comprises two aspects. According to the analyst, the initial pre-bull step opened up “between $25,000 and $38,500,” while the second stretched between “$38,000 to $48,000.” Meanwhile, from “$48,000 to $70,000 is when the golden bull phase began.” This, he expects, to lead to the Super Cycle area that will “last from $72,500 to unprecedented levels.” Currently, the price of Bitcoin has increased by over 3% in the last 24 hours, trading at $72,139. Its trading volume and market cap are also showing strength, rising by 78% and 3% respectively. Featured image from iStock, chart from Tradingview.com

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Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection

In what seems like a parody but isn’t, Economist, gold proponent and avid crypto skeptic Peter Schiff has unveiled a collaborative nonfungible token (NFT) art collection on Bitcoin that will soon go up for auction. The reaction from the crypto community has been mixed, with people generally baffled, amused, welcoming — especially Ordinals proponents — [...]

The post Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection appeared first on Crypto Breaking News.

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Bitcoin Bearish Signal: NVT Golden Cross Enters Overbought Zone

On-chain data shows the Bitcoin NVT Golden Cross has entered into the overbought region, something that could be bearish for the price. Bitcoin NVT Golden Cross Has Been Going Up Recently As pointed out by an analyst in a CryptoQuant post, the most recent touch of this zone led to a drop in the price of the cryptocurrency. The “Network Value to Transactions” (NVT) is an indicator that measures the ratio between the market cap of Bitcoin and its transaction volume (both in USD). What this metric tells is whether the asset is overpriced or underpriced right now, based on how the value of the network (the market cap) compares with its ability to transact coins (the transaction volume). High values of the indicator suggest the cryptocurrency’s cap is inflated compared to its volume, and hence, the coin’s price may be overvalued currently. Similarly, low values can imply the asset may be undervalued at the moment. Now, a metric derived from the NVT is the “NVT Golden Cross,” which compares the 30-day moving average (MA) of the NVT with its 10-day MA. By taking the ratio of the long-term and short-term trends like this, the indicator can help point out the tops and bottoms in the NVT. Here is a chart that displays how the value of the Bitcoin NVT Golden Cross has changed over the past year: The value of the metric seems to have been climbing in recent days | Source: CryptoQuant As shown in the above graph, the quant has marked the historical regions where the Bitcoin NVT Golden Cross has signaled underbought and overbought conditions for the asset. It looks like the values of the metric above 2.2 have been a sign that the cryptocurrency is undersold, while those below the -1.6 level have implied an oversold condition. Related Reading: Bitcoin Market At Decision Point: aSOPR Retests Crucial Level From the chart, it’s visible that the indicator touched the underpriced region last month, and the price reacted by observing some bullish momentum. Since then, the metric has seen an overall uptrend. A week or so ago, when Bitcoin was floating around the $30,000 level, the NVT Golden Cross entered inside the overpriced region. Following this formation, the price faced some severe drawdown as it plunged to the low $27,000 level. The metric cooled down for a while following this selloff, but in the past couple of days, it has once again risen to touch the red zone. This would mean that the asset may be becoming overbought again. Over the past day, however, Bitcoin has actually only observed some strong upwards momentum, as the coin’s value has now recovered to levels above $29,000 again. Related Reading: Polygon Exchange Supply Spikes, More Downtrend Incoming? In the past, tops haven’t always been immediately formed whenever the NVT Golden Cross has surged to this area, so this wouldn’t exactly be unprecedented. However, considering that the surge may have only made the coin more overpriced, a local top may be hit soon for the asset, if this metric’s pattern is anything to go by. BTC Price At the time of writing, Bitcoin is trading around $29,400, up 1% in the last week. Looks like BTC has sharply surged over the last 24 hours | Source: BTCUSD on TradingView Featured image from mana5280 on Unsplash.com, charts from TradingView.com, CryptoQuant.com

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Binance Coin forms golden cross amid SEC settlement hopes

Binance Coin (BNB/USD) price formed a golden cross pattern after the latest news of a settlement with American regulators. BNB rose to a high of $328, which was much higher than this week’s low of $284. It has risen by more than 45% from the lowest point this year. Binance to settle with the SEC ...

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<p>The post Binance Coin forms golden cross amid SEC settlement hopes first appeared on CCNC.</p>

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Bitcoin Bearish Signal: NVT Golden Cross Enters Sell Zone

On-chain data shows the Bitcoin NVT golden cross has now entered into the “sell” zone, something that could be bearish for the price of the crypto. Bitcoin NVT Golden Cross Surges, Now Has A Value Of 2.44 As pointed out by an analyst in a CryptoQuant post, this sell signal might lead to BTC’s price dropping in the next ten days. The “Network Value to Transactions ratio” (NVT ratio) is an indicator that’s defined as the market cap divided by the transacted volume in a specific period. What this metric tells us is how the value of Bitcoin currently compares with the investors’ ability to transact coins, and thus if the crypto is undervalued or overvalued right now. One application of this ratio is through the NVT golden cross, which compares the short-term (10-day moving average) and the long-term (30-day moving average) trends in NVT to indicate tops and bottoms in the crypto’s price. Related Reading: Which Cryptocurrencies To Buy in 2023: Chainlink (LINK), Aave (AAVE), and Orbeon Protocol (ORBN) Historically, the metric’s value being higher than 2.2 has usually been a signal to sell, while it being less than -1.6 has been a bullish sign. Now, here is a chart that shows the trend in the Bitcoin NVT golden cross over the last year: The value of the metric seems to have sharply gone up in recent days | Source: CryptoQuant As you can see in the above graph, the Bitcoin NVT golden cross has observed some sharp uptrend recently. The indicator now has a value of 2.44, meaning it has exceeded the 2.20 level that has historically implied sell signals. Related Reading: As Stepn (GMT) Decline Continues, BudBlockz (BLUNT) Offers A Better Alternative For Crypto Investors During late May, the metric saw a similar surge and rose to a peak value of 2.77. When the following month rolled around, BTC went through a huge crash from $30k to $20k. Since the crypto is once again overpriced according to the NVT golden cross, it’s possible the coin may go through more drawdown in the coming days. However, as the metric’s value is still lower than what it was at the high preceding the June crash, there might be potential for it to rise further, before the actual sell signal is in. BTC Price At the time of writing, Bitcoin’s price floats around $16.8k, up 2% in the last seven days. Over the past month, the crypto has lost 19% in value. Below is a chart that shows the trend in the price of the coin over the last five days. Looks like the value of the crypto has shot up during the last couple of days | Source: BTCUSD on TradingView Featured image from Mark Basarab on Unsplash.com, charts from TradingView.com, CryptoQuant.com

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Star Atlas Announces Golden Era Start Sequence

Star Atlas made major announcement surrounding one of most significant updates in its history, where it will introduce numerous changes.

Continue reading Star Atlas Announces Golden Era Start Sequence at DailyCoin.com.

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Azuki NFTs Sells the 8th Most Expensive Skateboard

History is being made by Azuki is making history, the Web3.0 brand renowned for its NFT innovations as it sold out the 8th most expensive skateboard in the world. (Read More)

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SUSHI Price Posts Significant Leap Amid GoldenTree’s $5.3M Stake in Sushiswap

SUSHI’s trajectory appears promising. It is important to look at why the price is rising, unlike other crypto prices. (Read More)

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