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 Rally Looms: Analyst Predicts ETHs Next Stop Is $5,300

Titan of Crypto, a well-known cryptocurrency trader and expert, in a daring prediction that has drawn the attention of the crypto community, forecasting an impending significant rally for Ethereum (ETH) to unprecedented heights while putting his next price target for the crypto asset at the pivotal $5,300 level. The analyst’s prognosis indicates that Ethereum, fueled by favorable market circumstances and rising investors’ confidence, is poised for massive gains. This forecast comes at the heel of ETH’s recent robust price performance and increasing market optimism. Ethereum Path To Massive Rally In February, Titan of Crypto hinted at the formation of a Bullish Cypher Pattern on Ethereum‘s weekly chart. “Just like for Bitcoin, a bullish cypher pattern is currently playing out on ETH weekly chart as well,” he stated. Related Reading: Ethereum Price Rally: Far from Over, More Gains Ahead! Due to this, the expert pointed out several targets for the asset to reach in the near term, such as $2,410, $2,881, $3,353, and $4,024, indicating a 38.20%, 50.00%, 61.80%, 78.60% upswingm respectively, from the current price then. Earlier this month, Titan of Crypto noted that the bullish cypher pattern has successfully developed, and the aforementioned price targets have all been achieved, suggesting a substantial rally is on the horizon. At that time, the crypto expert underscored that ETH was at the 38.2% Fibonacci retracement level, which he also dubbed the 1st stop ($2,880). Should the coin manage to sustain this level, Titan of Crypto anticipates a move on the upside from the level. However, today, as predicted by the expert, Ethereum performed a flawless recovery from the 1st stop ($2,880) point. As a result, the crypto asset is currently forming a bull flag pattern on the weekly timeframe, citing $5,300 as the next price target for ETH to reach.  However, this is not the final destination, suggesting the potential for Ethereum to surge even higher in the upcoming months. With ETH displaying strong price performance, it could mean that the Altcoin season could be coming into play in the near future. Indicator That Suggests A Price Correction On The Downside Although Titan of Crypto anticipates a massive rally for ETH, Ali Martinez has underlined the potential for the asset to decline soon.  According to Ali Martinez, the TD Sequential indicator on Ethereum’s 4-hour timeframe on May 15, previously displayed a promising buy signal. This development practically led to a 32% rise in the price of Ethereum. Related Reading: Expert Sets Timeline For When Ethereum Price Will Begin Rally To $10,000 However, now that the ETH Spot Exchange-Traded Funds (ETFs) are generating so much buzz, the indicator has transitioned to a sell signal. Consequently, Ali Martinez predicts a downward correction of one to four candlesticks. At the time of writing, ETH had increased by over 28% in the past week, trading at around $3,728. Despite the recent price momentum, the asset’s market cap and trading volume are down by 1.56% and 28%, respectively. Featured image from iStock, chart from Tradingview.com

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Dogecoin Ready To Howl? Falling Wedge Breakout Hints At A Rally

Dogecoin may be gearing up for its next major move as technical signals begin to turn in the bulls favor. After a period of consolidation and downward pressure, DOGE has broken out of a falling wedge pattern, one of the most reliable bullish reversal formations in technical analysis. This breakout suggests that the meme coin could be on the verge of a potential rally, especially as momentum begins to build within a key price zone.  How The Falling Wedge And Rounded Bottom Favor Bulls In a recent post on X, a crypto analyst with the username TitaniumXBTC spotlighted an encouraging technical setup on Dogecoins chart. The expert emphasized that DOGE has successfully broken out of a falling wedge formation while completing a rounded bottom formation. These two chart patterns, when combined, often signal the exhaustion of a downtrend and the start of a potential uptrend, laying a strong foundation for future price appreciation. Related Reading: Dogecoin (DOGE) Struggles to Sustain Gain as Meme Coin Mania Cools Off The analyst pointed out that this breakout has already been validated, with Dogecoin gaining momentum as it pushes beyond the key resistance area. The bullish pressure appears to be accelerating within the highlighted zone, suggesting that buyers are stepping in with growing conviction. This move, if sustained, strengthens the case for a mid-to-long-term rally, with the breakout zone acting as a launchpad for further gains.  Despite the optimism, the expert cautioned that confirmation is necessary. Should the breakout hold and attract continued interest, Dogecoin could be poised to reclaim higher levels and potentially ignite a broader trend reversal. With bullish energy building, all eyes are now on DOGE to see if it can capitalize on this momentum and deliver on the promising setup. Dogecoin Bullish Path Ahead: Target Zones After The Breakout According to the crypto expert, the key price levels to watch for DOGE in the near-to-mid term are $0.3757, $0.4884, and $0.6160. These targets have been identified based on the breakout from the falling wedge pattern and alignment with historical resistance zones that could come into play as the rally progresses. Each of these levels represents a potential milestone where momentum may pause, consolidate, or even reverse, depending on overall market sentiment and trading volume. Related Reading: Dogecoin Eyes $1.80 In Summer Rally As Analyst Flags Breakout Structure The breakout’s confirmation suggests that Dogecoin has re-entered a bullish phase, and if buying pressure continues, these price levels could serve as realistic upside targets for traders and long-term holders alike. Reaching these zones may attract increased attention from investors looking for profit-taking opportunities, or even fuel additional rallies if broken with strong volume. Featured image from Getty Images, chart from Tradingview.com

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Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will Go Insane

Ethereum is again looking bullish following its gains of over 17% in the last seven days and the break above $2,500. Analysts have provided a positive outlook for the second-largest crypto by market cap, predicting that its price could soon go parabolic after an extended consolidation period.  Ethereum Primed To Break Out As Price Goes Parabolic  In an X post, crypto analyst Mister Crypto noted that Ethereum has been consolidating for four years and that the longer the consolidation, the bigger the pump. He added that he is extremely bullish, indicating that a breakout was imminent. His accompanying chart showed that ETH could reach a new all-time high (ATH) on this breakout.  Related Reading: Ethereum Price Completes Bullish Structure Break $3,000 Comes Next Crypto analyst Skyrexio also asserted that Ethereum will go insane soon. In a TradingView analysis, he stated that Bitcoins dominance is about to finish the uptrend, which can give ETH a second life. The analyst added that the bounce is already happening, although Ethereums price is struggling to break through $2,600.  He admitted that Ethereum could experience a small correction in the upcoming week but assured that the final uptrend has been confirmed. Analyzing ETHs weekly chart, Skyrexio opined that the crypto is on wave 3 of the Elliott wave structure. The analyst revealed a green dot on the Bullish/Bearish Reversal Bar indicator, which he claimed is a huge confirmation of the bull run.  Skyrexio stated that the target for wave 3 is the 1.61 Fibonacci at $6,500. He told market participants to consider the second scenario, when BTC dominance will reach 67% and ETH will retest the low. Whales are actively accumulating ahead of a potential price surge. Crypto analyst Ali Martinez revealed that nearly 1 million ETH have been withdrawn from exchanges in the past month.  ETH Has Broken Out Of The 3-Year Downtrend In an X post, crypto analyst Mikybull Crypto revealed that Ethereum has broken out of the 3-year downtrend. He added that from now on, ETH will outperform BTC till the cycle peak. His accompanying chart showed that the altcoin could rally to $9,000 before the end of this market cycle.  Related Reading: Ethereum Surge Above $2,200 Says Bear Market Is Over, Analyst Calls $5,791 Easy Target In another post, he reiterated this target while outlining between $8,000 and $10,000 as his targets for Ethereum in this cycle. He noted that ETH is looking to pull 2017 vibes, which is another reason he is confident that the crypto can eventually rally to as high as $10,000. Crypto analyst Titan of Crypto also predicted that the Ethereum price could soon enjoy a parabolic move, rallying to as high as $4,000.  At the time of writing, the Ethereum price is trading at around $2,587, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

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Analyst Pinpoints $61,500 As Critical Bitcoin Price Level To Monitor

Amidst the recent decline in Bitcoin’s price and the general cryptocurrency market, popular cryptocurrency analyst and enthusiast Titan of Crypto has highlighted the $61,500 price level as a crucial threshold to watch for the largest cryptocurrency. Titan of Crypto analysis examines the aforementioned level as a pivotal point for Bitcoin that could determine the coin’s next price trajectory. $61,500, A Level To Watch For Bitcoin Today, May 14, BTC witnessed a sharp decline to nearly $61,500, demonstrating little momentum for a price recovery. While many would see this as a worrying development, Titan of Crypto considers it a noteworthy development. He sees this level as significant and is one to watch out for for Bitcoin. The crypto expert further warns of an impending volatility in the market around Federal Reserve Chair Jerome Powell‘s speech later today. Thus, Titan of Crypto has urged the community to remember that it’s better to hold off on making decisions until after the BTC daily candle closes and until the next one confirms the previous one. The post read: Bitcoin $61,500 is the level to watch. Expect volatility in the markets around today’s Powell speech. In any case, remember it’s wiser to wait for the BTC daily candle close and confirmation with the following one before jumping to a conclusion. Although the expert anticipates volatility for Bitcoin, he is confident that the crypto asset’s bull run is far from over, suggesting a movement on the upside is still possible.  Related Reading: Why Bitcoins Post-Halving Rally Is Certain, Analyst Explains According to Titan of Crypto, Bitcoin’s Risk-Adjusted Return Oscillator (RAR) indicator has recently moved into the overbought area. However, the analyst asserts that this does not call for alarm, given that Bitcoin took over eight months to peak following the development based on previous bull cycles. Looking at Bitcoin’s price action from the daily timeframe, the expert confirms that the digital asset is “looking good.” As a result, BTC is following the bullish target to unprecedented heights, specifically around $112,185. “This game is a zero-sum game where impatient people give their money to the patient,” he added. Possible Retracement To $62,000 While Titan of Crypto anticipates a rally, Ali Martinez, another crypto, has predicted an early price retracement. The expert has highlighted the possibility for BTC to decline to $62,000 in the short term. According to the analyst, the 4-hour chart’s 200 Exponential Moving Average (EMA) appears to be rejecting Bitcoin, whereas the TD Sequential indicator suggests a sell signal. Should the development be confirmed, Martinez expects BTC to drop to $62,000.  Related Reading: Bitcoin Bearish Signal: Analyst Predicts Potential Dip To $52,000 However, for BTC to witness an upward movement, it needs to maintain a 4-hour candlestick close above the $64,000 threshold. Thus, with the coin trading below the $62,000 level, Martinez’s prediction appears to have already manifested. At the time of writing, the coin was trading at $61,512, indicating about 1.98% in the past day. Its trading volume was up by 9.67%, while its market cap was down by 2.65% in the last 24 hours. Featured image from iStock, chart from Tradingview.com

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Bitcoin 6-Month Flight Plan To $188,000, Heres The Roadmap

With Bitcoin back above $100,000, crypto analyst Leo Hart has released a 6-month roadmap on the flagship cryptos journey to new all-time highs (ATHs). The analyst predicted BTC could rally to as high as $188,000 by the sixth month.  The Roadmap For Bitcoins Flight Plan To $188,000 In an X post, Leo Hart outlined Bitcoin’s flight to the moon plan for the next six months, during which he expects the flagship crypto to rally to $188,000. For stage one, which he dubbed the Maximum Power Law Trend Departure, the analyst stated that the target is $108,000, and predicts that BTC will reach this price level in the next two weeks.  Related Reading: Bitcoin Price To $150,000: BTC Is Mirroring Bullish Fractal From 2020 He further explained that this Bitcoin price level is 36 days from the first quarter point in his mathematical calculation. The analyst also highlighted the green rectangle near the Power Law Trend in his accompanying chart, which shows the maximum deviation from the PLT.  For the second stage, Maximum Absolute Wave Height (MAWH), Leo Hart stated that Bitcoin’s target at this stage is $145,500, and the timeline is two months. This means that BTC can reach this target by July, which would mark a new ATH for the flagship crypto. The analyst noted that this price target is the peak, represented by the horizontal tangent to the upper boundary in the chart. The third stage is the Red Zone Entry Point (RZEP), and the target is $188,000. Bitcoin is expected to reach this price level in the next four months. However, the analyst didnt explain why BTC can hit this price level.  Meanwhile, he also mentioned a fourth stage called Zero Gravity and Re-entry. He explained that beyond stage 3, market participants will enter a zero-gravity phase with unknown parameters, followed by the descent from orbit, hinting at a potential price crash.  BTCs Journey To A New ATH Has Begun Crypto analyst Rekt Capital indicated that Bitcoins journey to a new all-time high has begun. In an X post, he noted that BTC has rejected from the $104,500 level, which was part of his initial theory on how the flagship crypto could reach a new ATH.  Related Reading: Bitcoin Price Flashes Signal That Has Led To A Surge Every Time Following this rejection, the analyst predicts that the next step is for Bitcoin to hold the $97,000 to $99,000 range as support. Once that happens, he expects the flagship crypto to break out to new ATHs. His accompanying chart suggested that BTC could rally to $110,000 in the short term. Crypto analyst Titan of Crypto also confirmed that the $135,000 target is still in play for 2025.  At the time of writing, the Bitcoin price is trading at around $103,400, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

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Bitcoin Price Completes Head And Shoulder Formation, Analyst Predicts Crash To $78,000

Crypto analyst Melika Trader has warned about a bearish pattern that could be forming for the Bitcoin price. Based on this, the analyst predicts that the largest crypto by market cap could crash to as low as $78,000.  Bitcoin Price Forming Head And Shoulders Pattern  In a TradingView post, Melika Trader revealed that the Bitcoin price is forming a complex head-and-shoulders pattern. He remarked that the left shoulder and double head had already formed while the right shoulder is currently forming, with BTC at risk of suffering a massive crash once this happens.  Related Reading: Analysts Bitcoin Price Prediction From March Plays Out, Heres The Rest Of It As part of the expected move, Melika Trader suggested that the Bitcoin price could show a possible fake breakout above the resistance between $87,000 and $88,000. Once that happens, the analyst predicts that a strong drop will follow, with BTC dropping to as low as $78,000, which is the first support area.  The Bitcoin price has surged past the $90,000 mark on the back of the US Dollar dropping to new lows and has continued to reach new highs, leading to optimism that it could soon reclaim $100,000. There is the possibility that BTC could still rally to as high as $98,000 before any massive correction.   Crypto analyst Ali Martinez revealed that on-chain data shows that the next key area of resistance for the Bitcoin price is between $95,600 and $98,290. That range acts as a major supply wall, as 1.65 million addresses bought 1.09 million BTC around that area. Bitcoins next move will depend on whether these holders choose to hold or offload their coins as soon as it reclaims this range.  However, it is worth mentioning that crypto whales are actively accumulating BTC, which is bullish for the Bitcoin price. Martinez revealed that over 17,000 BTC have been withdrawn from exchanges in the past week.  BTC Eyeing Rally To A New All-Time High Crypto analyst Titan of Crypto has predicted that the Bitcoin price could soon rally to as high as $137,000, marking a new all-time high (ATH) for the leading crypto. He stated that BTC has finally broken out of a bull pennant, with two strong consecutive daily bullish candles, confirming this move. The analyst added that the projected target is $137,000 if this bull pennant is confirmed.  Related Reading: Bitcoin Price Following Analysts Prediction For Bullish Breakout, Heres The Target Crypto analyst Egrag Crypto stated that a daily close above $93,000 will send a strong bullish signal, while raising the possibility of BTC rallying above $100,000. He claimed that any retracement fears will be eliminated if the leading crypto closes above $103,000.  At the time of writing, the Bitcoin price is trading at around $93,000, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

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Ethereum Price Eyes $2,700 As Wyckoff Accumulation Nears Completion

Crypto analyst Incognito has predicted that the Ethereum price could soon rally to as high as $2,700. This bullish prediction comes despite ETHs underperformance so far, with the altcoins market share already dropping to new lows. Ethereum Price Could Rally To $2,700 As Wyckoff Accumulation Nears In a TradingView post, Incognito predicted that the Ethereum price could witness a big move to $2,700 with the Wyckoff accumulation almost over. He remarked that if support holds, the ETH should see a breakout of the falling wedge. The analysts accompanying chart showed that $2,499 is the target for the falling wedge, while $2,700 is the second target that Ethereum could reach on this breakout.  Related Reading: Ethereum Price Threatened With Sharp Drop To $1,400, Heres Why However, Incognito warned that this could be a huge trap to shake out sellers, so he advised market participants to be looking to take profits. In the meantime, the Ethereum price could indeed break out to the upside, especially with the Bitcoin price attempting to reclaim the $90,000 level.  The Ethereum price is likely to reach new local highs if Bitcoin can sustain this bullish momentum, given their positive correlation. In an X post, crypto analyst Ali Martinez remarked that this week would be big for ETH as the TD Sequential just flashed a buy signal, hinting at a potential shift in momentum.   Martinez also raised the possibility of the Ethereum price recording a new bull rally. For that to happen, he mentioned that ETH needs to break the supply wall at $2,330. The leading altcoin could face significant selling pressure at that range, as 12.62 million addresses bought 68.63 million ETH around that range.  ETH May Have Already Bottomed In an X post, crypto analyst Titan of Crypto suggested that the Ethereum price has already bottomed or may be bottoming out. He revealed that the leading altcoin is progressing within a giant ascending channel on the macro chart. His accompanying chart showed that ETH could rally to as high as $4,200 following this bullish reversal.  Related Reading: Ethereum Price Suffers 77% Crash Against Bitcoin, On-Chain Deep Dive Reveals Reasons Why Crypto analyst Hardy also echoed a similar sentiment, suggesting that the Ethereum price has already reached its bottom. He noted that ETHs weekly candle close was bullish and a good indicator of a potential reversal at the key support level around its current price. His accompanying chart showed that Ethereum could rally to as high as $4,300 on this bullish reversal.  Ethereum price reclaiming the $4,000 level could pave the way for a rally to a new all-time high (ATH). Crypto analyst Crypto Patel predicted that ETH could reach between $6,000 and $8,000 by the end of the year.  At the time of writing, the Ethereum price is trading at around $1,639, up almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

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Bitcoin Price Forms This Bullish Pennant On Daily Chart That Could Trigger Rise To $137,000

Crypto analyst Titan of Crypto has raised the possibility of the Bitcoin price rallying to as high as $137,000. The analyst highlighted a bullish pattern that shows the flagship crypto can reach this ambitious price target.  Bitcoin Price Could Rally To $137,000 As Bullish Pennant Forms In an X post, Titan of Crypto suggested that the Bitcoin price could reach $137,000 at some point. This came as he revealed that BTC has formed a bullish pennant on the daily chart. The analyst remarked that if this plays out, a new all-time high (ATH) could be reached, regardless of the current market sentiment.  Related Reading: This Crypto Analyst Predicted The Bitcoin Price Crash At $97,000, He Just Released Another Forecast His accompanying chart showed that $137,129 was the target for the Bitcoin price as it eyes a rally to new highs. The analyst indicated the key was to see if the flagship crypto could break to the upside in the coming weeks. In the meantime, BTC looks to be facing a lot of resistance and bearish pressure. In his Ichimoku cloud analysis of the Bitcoin price action, the analyst stated that BTC is now facing resistance with a fair gap value and entry into the Kumo cloud. He outlined two scenarios that could play out for the flagship crypto. The first is a continuation through the cloud, while the second is a retest of the Kijun and the trendline before continuation.  His accompanying chart indicated that the key was to break above the range of around $84,000. A successful breakout from this range could lead to a rally to as high as $92,000. This could eventually pave the way for the Bitcoin price to rally to new highs, especially with the psychological $100,000 level in sight once BTC reclaims $92,000.  Key Resistance At $86,000 In an X post, crypto analyst Ali Martinez revealed that $86,000 is a key resistance zone for the Bitcoin price. He stated that a rejection from this zone could send BTC back to $79,000. However, a breakout might open the path for the flagship crypto to rally to as high as $97,000.  Related Reading: Crypto Analyst Warns Of Volume Drop That Could Trigger 60% Bitcoin Price Crash To $49,000 Crypto whales are still actively accumulating BTC, which is positive for the Bitcoin price. Martinez revealed that 37,000 BTC have been withdrawn from exchanges in the past 24 hours, which the analyst noted is a strong signal of accumulation. Crypto analyst Kevin Capital believes that the Bitcoin price structure is still bearish for now. In an X post, he stated that a break above $89,000 would mean BTC is back in action. Until then, he asserted that there is no real reason to get overly hyped at the current level.  At the time of writing, the Bitcoin price is trading at around $84,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

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Ethereum Is Not Dead: Broadening Wedge Suggests Another Leg-Up Is Coming

Crypto analyst Titan of Crypto has provided a bullish outlook for the Ethereum price, assuring that ETH is not dead. The analyst highlighted a bullish pattern, which indicates that the second largest crypto by market cap could soon enjoy another leg up to the upside.  Analyst Hints Another Leg Up For Ethereum Is On The Horizon  In an X post, Titan of Crypto stated that Ethereum is not dead and hinted that another leg up was on the horizon for ETH. He reaffirmed that ETH is far from being dead from a technical perspective. The analyst then noted that the Ethereum price is still progressing within a broadening wedge.  Related Reading: Analyst Says Youll Regret Not Buying Ethereum At These Prices, Heres Where Its Headed Titan of Crypto also revealed that the Ethereum price just revisited the reload zone, the prime area where professionals look to long or buy back ETH. He remarked that this is where smart money steps in, suggesting that Ethereum could rebound from that zone. The analysts accompanying chart showed that Ethereum could rally to between $6,129 and $6,589 as it rebounds from this reload zone.  Macro View Update On ETH In an earlier analysis, Titan of Crypto also provided a macro view update on Ethereum. He noted that ETH had closed a monthly candle outside the 7-year rising wedge. The analyst added that a confirmed breakout requires the next monthly close to remain outside this wedge. In line with this, he outlined three possible scenarios for ETH.  For the first scenario, the analyst predicts a reintegration in which key support levels hold, leading to a bounce that pushes ETH back inside the wedge and invalidates the breakout. In the second scenario, Titan of Crypto states that there could be a triple top formation in which support holds, but ETH only retests the wedge before rolling over into a longer-term top.  Meanwhile, he remarked that for the third scenario, ETH confirms a deeper correction if support fails. However, at this stage, Titan of Crypto believes that the first or second scenario is the most likely.  The Biggest Hurdle For Ethereum  Crypto analyst Ali Martinez stated in an X post that the biggest hurdle for Ethereum is at $2,460, where 10.95 million investors acquired 64.52 million ETH. The analyst asserted that breaking through this level will reignite ETHs bullish momentum.  Related Reading: Ethereum Exchange Outflows Hits 2-Month High With $1.4 Billion Withdrawn, What This Means Smart money already looks to be stepping in to help Ethereum break past this critical resistance level. Martinez revealed in another X post that crypto whales have bought 1.10 million ETH in the last 48 hours. These whales are known to actively accumulate before a price surge, indicating that one may be on the horizon for ETH.  At the time of writing, the Ethereum price is trading at around $2,200, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

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Bitcoin Price Action Says Bottom Is In, Analyst Reveals Whats Coming

Crypto analyst Master Ananda has asserted that the bottom is in for the Bitcoin price following its massive crash below $80,000 last week. In line with this, the analyst revealed what to expect next from the flagship crypto.  Bitcoin Price Action Shows Bottom Is In  In a TradingView post, Master Ananda claimed that the bottom is in based on the current Bitcoin price action. He stated that last weeks drop, touch-and-go, is the perfect bottom signal. The analyst further remarked that $78,300 can be taken as the bottom, which represents a 28% decline from BTCs all-time high (ATH) of $109,000.  Related Reading: Bitcoin Flag Pole Pattern Puts Price At $120,000, Analyst Explains The Roadmap Master Ananda also noted that this was a classic retrace, as there always is one after a strong bullish breakout. He explained that this classic retrace is good for the Bitcoin price because the flagship crypto will take its time to build up strength. The analyst added that taking time to grow is good, and is the only way it can work if BTC is to move higher in the long term. Meanwhile, as to what is next for the Bitcoin price, the crypto analyst stated that on average, daily price increases of $500 or $800 can reveal how long it will take to reach higher prices and higher levels in the coming months. Master Ananda then suggested that the flagship crypto could reach $200,000 next month.  Master Ananada then advised market participants to buy and hold seeing as the low is in for the Bitcoin price. He added that the market is giving a second opportunity, as market participants have the chance to buy at relatively low prices. The crypto analyst also mentioned that BTC is in an accumulation phase and asserted that it will go up and continue to grow in the long-term.  BTC Regaining Momentum Crypto analyst Titan of Crypto also affirmed that the Bitcoin price is regaining momentum. He noted that BTC has reacted strongly to the Kijun acting as support on the weekly chart. The analyst added that a weekly close above the Tenkan at around $94,000 would confirm a shift in momentum and reinforce the bullish case for the flagship crypto.  Related Reading: Bitcoin Price At The End Of The Bull Market? Analyst Shows Where We Are In The Cycle Meanwhile, in another X post, the analyst asserted that the Bitcoin bull market is still on. He claimed that there was no bear market in sight according to the Supertrend indicator. As such, the analyst believes that it is not yet time to be bearish. His accompanying chart suggested that the Bitcoin price could still rally to above $200,000 before the bear market kicks in.  At the time of writing, the Bitcoin price is trading at around $92,000, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from LinkedIn, chart from Tradingview.com

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Bitcoin Open Interest Crashed To 6-Month Low, Heres What Followed The Last Time

Crypto analyst CrediBULL Crypto has revealed that Bitcoins open interest has crashed to a six-month low. The analyst further explained what happened the last time this low open interest occurred while providing a bullish outlook for the flagship crypto.  Bitcoins Open Interest Crashes To 6-Month Low  In an X post, CrediBULL Crypto revealed that Bitcoins open interest is at the lowest levels it has been at in six months. He noted that the BTC price was trading between $50,000 and $60,000 the last time the open interest was this low. The analyst also revealed that Bitcoins funding rate just ticked negative. He also noted that the same thing happened while the flagship crypto was trading between $50,000 and $60,000 just before its rally to $100,000.  Related Reading: Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $100,000 Reveals Whats Next Interestingly, CrediBULL Crypto asserted that these metrics overall look fantastic for Bitcoin and further solidified his belief that the flagship crypto has formed a bottom. Indeed, BTC looks to have formed a bottom as the flagship crypto has rebounded to as high as $95,000 following its drop below $80,000 last week. Crypto analyst Ali Martinez also suggested that the Bitcoin price has found its bottom. In an X post, he noted that historically, BTC tends to rebound when the daily Relative Strength Index drops below 30. He then revealed that the RSI was sitting at 24, indicating that the flagship crypto had bottomed out and was well due for a rebound.   BTC Needs To Hold Above This Range To Confirm Reversal However, despite Bitcoins rebound to as high as $95,000, CrediBULL Crypto suggested that market participants shouldnt get too excited yet. He stated that the pump doesnt mean much unless BTC clears the key resistance at around $93,000. The analyst remarked that moving up to this range was the easy part but strength is getting past it.  Related Reading: Bitcoin $166,000 Target Still In Play? The Extension That Determines Where Price Goes Next Crypto analyst Titan of Crypto also echoed a similar sentiment. He stated that Bitcoin is currently pushing through $94,000, breaking above the Kumo cloud. The analyst added that the flagship crypto needs to stay above this price level before the reversal can be confirmed.  However, Titan of Crypto still provided a bullish outlook for the Bitcoin price, suggesting that a reintegration might be about to occur, which could send the flagship crypto into a markup phase. His accompanying chart showed that BTC could rally above $126,000 as it enters this markup phase.  Meanwhile, Martinez revealed that the Bitcoin bull run remains intact according to the aSORP indicator. He also stated that global liquidity is on the rise again, and with BTC lagging behind this metric, the analyst remarked that this could signal a unique buying opportunity.  At the time of writing, the Bitcoin price is trading at around $91,000, up over 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

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Bitcoin RSI Targets Daily Retest That Triggered 2024 Price Rally, What Happened Last Time

Crypto analyst Rekt Capital recently discussed the Bitcoin price action and provided insights into the flagship cryptos future trajectory. Specifically, he alluded to BTCs RSI, which is showing a similar pattern to last year, just before the rally to new highs.  Bitcoins RSI Targeting Daily Retest That Triggered 2024 Price Rally In an X post, Rekt Capital revealed that Bitcoins RSI is targeting a daily retest that triggered the 2024 price rally. He mentioned that last week, the daily RSI successfully performed a post-breakout retest of the RSI downtrend, which dates back to November 2024, to confirm the breakout. He added that the RSI is now going for another retest of that same downtrend.  Related Reading: Analyst Says Bitcoin RSI Dominance Needs To Crash To This Level For The Bull Run To Resume The Bitcoin price rallied to $100,000 during this November 2024 period following Donald Trumps victory in the US presidential elections. Rekt Capitals accompanying chart showed that the RSI is retesting the 40 zone, with a break below this level likely to spark another downtrend for the flagship crypto. On the other hand, holding above this RSI level could spark another uptrend for BTC, sending its price to new highs.  However, the Bitcoin price looks more likely to face another major correction at the moment, having dropped from its weekly high of around $88,500 to below $84,000 on Friday. Macro factors like Donald Trumps tariffs and the US Federal Reserves quantitative tightening policies are weakening the flagship cryptos bullish momentum.  Trading firm QCP Capital opined that any short-term upside for the Bitcoin price remains capped as markets wait for clarity from Trumps next move in the escalating trade war. The PCE inflation data, which was released on Friday, also sparked a bearish outlook for BTC as the core index rose beyond expectations.  BTC Could Form Local Bottom At Current Price Level Crypto analyst Titan of Crypto suggested that the Bitcoin price could form a local bottom at its current price level. He noted that BTC is still holding above a strong confluence of supports, including the monthly Tenkan and midline of the monthly Fair Value Gap. The analyst added that the last two times BTC has held these supports, it has marked a local bottom.  Related Reading: Popular Analyst PlanB Expects Bitcoin Price To Double In 2025 As Bear Market Is Not Here In an earlier post, Titan of Crypto had raised the possibility of the Bitcoin price rallying to $91,000 soon. He stated that a bullish pennant had formed on the 4-hour chart. According to him, if this pattern breaks to the upside, the BTC target is around $91,400. Meanwhile, legendary trader Peter Brandt looks bearish as he recently predicted that BTC could drop to as low as $65,635.  At the time of writing, the Bitcoin price is trading at around $83,900, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

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Ethereum Price Eyes Major Resistance At $2,100 As Analyst Reveals Bullish Price Range

Crypto analyst Ben Gray has asserted that the Ethereum price is bullish and revealed the price range that the leading altcoin is targeting. However, ETH is set to face major resistance at $2,100, a level which it needs to break out from as it targets new highs.  Ethereum Price Faces Major Resistance At $2,100 In a TradingView post, Ben Gray revealed that the Ethereum price is facing a key resistance level at $2,160 even as it eyes a rally to new highs. Despite this development, the analyst asserted that ETHs market is bullish. While noting that the leading altcoin is fluctuating between $2,044 and $2,080, he remarked that there are signs that Ethereum initially formed a bottom.  Related Reading: Ethereum Could Be Mirroring Bitcoins 2018-2021 Cycle Amid Record Selling Based on his analysis of the 4-hour candlestick chart, Gray stated that the Ethereum price is attempting to break through upwards, with the key resistance level at $2,160. He further showed his optimism for ETH in 2025 by stating that the expected range is between $2,904 and $4,887, although that puts the altcoin below its current all-time high (ATH).  Meanwhile, the crypto analyst mentioned that the Ethereum price has shown a strong and positive performance this week. Going forward, he stated that the key focus should be on whether ETH can break through the resistance level of $2,160, which would play a key role in determining the altcoins trajectory in the short and mid-term.  Crypto analyst Ali Martinez also recently highlighted the $2,300 level as another resistance level to watch out for the Ethereum price. He noted that with ETH reclaiming $2,040, the next key hurdle is this $2,300 level, where the pricing bands suggest strong resistance.  Why ETH Has Bottomed In an X post, crypto analyst Titan of Crypto stated that the Ethereum price is showing signs of bottoming. He revealed that the weekly Stochastic RSI bullish crossover is in oversold territory, a development that has often signaled market bottoms for ETH. His accompanying chart showed that the leading altcoin could rally to as high as $6,000 as it records a bullish reversal.  Related Reading: Ethereum, Dogecoin, And The Altcoin Market: Why Up-Only For 217 Days Is Possible Crypto analyst Crypto Caesar also stated that the Ethereum price is currently bottoming out and that ETH is heavily undervalued. He added that in every bull cycle, there is always a moment when most market participants think that the altcoin will never recover after a big bearish event. However, Ethereum always recovers and ends up making new highs. As such, the analyst believes this time wont be different, and ETH is ready to stage a bullish reversal.  At the time of writing, the Ethereum price is trading at around $2,022, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

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Bitcoin Marks 114 Weeks In Active Buy Signal On The SuperTrend Weekly, But Things Could Turn Bad If This Happens

Crypto analyst Tony Severino has provided an update on the Bitcoin price action. The flagship crypto is now eyeing a bullish reversal, but the analyst warned of how things could still go wrong for BTC and mark the end of the bull run.  Bitcoin Marks 114 Weeks In Active Buy Signal In an X post, Severino revealed that Bitcoin is still in an active buy signal on the SuperTrend weekly. He added that BTC has been in this buy signal for 114 weeks and roughly 800 days. This is undoubtedly a huge positive for the flagship crypto, especially as it looks to reclaim the psychological $90,000 level and rally to new highs.  Related Reading: Is Bitcoin Price Headed For $70,000 Or $300,000? What The Charts Are Saying However, the crypto analyst warned that a sell signal would be a strong sign that the bull run has ended. His accompanying chart showed that the sell signal could send BTC into a Supertrend DownTrend, with the flagship crypto dropping to as low as $22,000 in what could mark the peak of the bear market. Crypto analyst PlanB recently affirmed that the bear market is not here yet. Instead, he believes Bitcoin is still in the middle of a sustainable uptrend and predicts that the flagship cryptos price could double this year. This could lead to a parabolic rally to as high as $180,000 for BTC. Experts like Standard Chartered have also predicted that a rally to $200,000 this year is achievable.  In the meantime, the focus will likely be on how the Bitcoin price reacts to Donald Trumps reciprocal tariffs, which will go into force on April 2nd. The previous tariffs sparked a wave of sell-offs, causing BTC to drop to as low as $77,000. However, there is also the possibility that Bitcoin has priced in this development and could avoid any further downtrend when the tariffs are implemented on April 2nd.  A New ATH This Year Is Possible  Crypto analyst Titan of Crypto has also affirmed that Bitcoin could see a new all-time high (ATH) this year. This came as he remarked that BTCs uptrend is intact and that the flagship crypto reacted strongly around the weekly 50-day Exponential Moving Average (EMA). His accompanying chart showed that Bitcoin could reach a new ATH of $121,000 before the year runs out.  Related Reading: Analyst Says Bitcoin RSI Dominance Needs To Crash To This Level For The Bull Run To Resume In another X post, he again predicted that Bitcoin could reach this target while revealing a Bump and Run pattern which was forming for the flagship crypto. Titan of Crypto asserted that the Uphill run will be epic. A positive for BTC is that whales are actively accumulating. Crypto analyst Ali Martinez revealed that over 22,000 coins were withdrawn from exchanges in the past week.  At the time of writing, the Bitcoin price is trading at around $87,500, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

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Author of Crypto Titans: “Everything Is Connected”

Markus Thielen, analyst and author of "Crypto Titans," reveals surprising discoveries of his book in an exclusive interview with DailyCoin.

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Titanium Blockchain CEO Sentenced to Four Years in Prison

Michael Stollery, the CEO of Titanium Blockchain, has been sentenced to four years in prison for his involvement in a cryptocurrency fraud scheme that raised approximately $21 million through an initial coin offering (ICO) in 2018. Stollery pleaded guilty to securities fraud, admitting to falsifying aspects of TBIS’ whitepapers, planting fake client testimonials on the TBIS website, and commingling ICO investors’ funds with his own. (Read More)

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Titanium Blockchain CEO behind BARs ICO fraud, put behind bars for 4 years

The California-based CEO of Titanium Blockchain has been sentenced to four years of prison — putting an end to a 2018 initial coin offering (ICO) saga that stripped investors of $21 million.  Michael Stollery, who founded Titanium Blockchain Infrastructure Services (TBIS), was a key figure in a “cryptocurrency fraud scheme” which involved an initial coin [...]

The post Titanium Blockchain CEO behind BARs ICO fraud, put behind bars for 4 years appeared first on Crypto Breaking News.

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Titanium Blockchain CEO Sentenced to 4 Years in Prison for ICO Fraud

Michael Alan Stollery raised around $21 million from late 2017 to early 2018 through his fraudulent investment platform TBIS.

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Titanic NFTs: Wreckage to be Tokenized and DAO to be Formed

Artifact Labs will also launch the Titanic DAO, a governance token that will manage the treasury funded by proceeds from Titanic NFT sales.

The post Titanic NFTs: Wreckage to be Tokenized and DAO to be Formed appeared first on BitPinas.

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