BTC price closed above the Bull Market channel, Cryptocurrency analysts reveal the next trend In a post by Cryptocurrency analyst Tony Severino on X, he mentioned that the BTC price is currently retesting the median of the Bull Market channel and forming a Evening Star pattern on the chart, suggesting a possible reversal. He pointed out that BTC is struggling to stay above the $96,000 range, which could invalidate this sell signal. However, if BTC closes below this median range, Tony Severino warns that the price could drop significantly to the range of $90,000. If this median range remains unchanged, Cryptocurrency analysts expect BTC to break through the upper channel of over $100,000. Tony Severino revealed that the target of this rise channel is $267,000. However, he believes that the BTC price will not reach this level in this Bull Market. Instead, this cryptocurrency analyst predicts that the peak of BTC could be between $160,000 and $190,000, although Severino believes the former is the market top. The Cryptocurrency analyst added that the golden ratio is within the range of $160,000, making this target more achievable. He also suggested the possibility of BTC price eventually rebounding to $169,000 as it peaks within this range. In this analysis, it is worth noting that BTC currently faces the risk of falling to $90,000 as it failed to hold at the median of $96,000. Cryptocurrency analyst CrediBULL Crypto recently stated that the $94,000 range is another level worth following for the BTC price. According to him, this is a crucial key level. He claims that as long as the flagship Cryptocurrency remains above this level, BTC is bullish across all timeframes. However, if BTC falls below this level, it could lead to a significant decline. CrediBULL Crypto said that if it falls below $94,000, it will indicate a change in momentum and may result in a larger adjustment, which could cause the BTC price to fall to a low of $80,000. The positive side is that despite the possible adjustment in BTC price, investors are still very optimistic about its trend. In a post, Cryptocurrency analyst Ali Martinez mentioned that investors are Buying the Dips. At the same time, he revealed that the percentage of traders holding BTC long positions has risen from 45.36% to 55.93%. (Data Source: Scott Matherson)

BTC price hits a historical high of $75,000: Analysts say this is what you should expect next BTC price hits a new all-time high (ATH), breaking $73,700 and reaching a high of $75,000 on November 6th. Following this, cryptocurrency analyst Tony Severino revealed his expectations for the next step of this flagship cryptocurrency. Tony Severino stated in a post on X that the price of BTC is ready for a parabolic pump. He told market participants that the price of BTC will break the $75,000 mark. The cryptocurrency analyst also revealed that BTC is approaching the upper band of the Bollinger Bands, which is the tightest in history. Cryptocurrency analyst shared a chart showing that BTC prices could rise to $140,000, and this flagship Cryptocurrency could reach its potential market peak in 2025. Tony Severino previously mentioned that BTC is approaching the strongest phase of the Bull Market and explained that based on historical trends, BTC could rise to $133,000. In fact, the BTC price seems to be entering the strongest phase of the Bull Market after hitting a new all-time high. The recent pump in price to new highs can be attributed to Donald Trump, who has been elected as the next President of the United States. This provides bullish prospects for BTC and the broader Cryptocurrency market, as the elected President has openly declared support for BTC and other Cryptocurrencies. In addition to Trump's easy victory, it is worth mentioning that the price of BTC has never been lower than the level on the day of the US presidential election in history. Therefore, this may be the lowest range at which the flagship cryptocurrency may trade before recording the next parabolic trend of this Bull Market. In addition to Donald Trump's victory, there are other catalysts expected to trigger the next round of the BTC bull market. One of them is the possibility of a Fed rate cut, which is expected to take place on November 7th and is favorable for BTC prices. The Fed started its FOMC meeting today and will decide on the rate cut tomorrow. Data shows that there is a 97.6% probability of a 25 basis point (bps) rate cut by the Federal Reserve. With more capital flowing into its ecosystem, this provides a bullish outlook for BTC price. Institutional investors are also taking a wait-and-see approach as they may allocate more funds to SpotBTC ETF after the US election and the Fed rate cut. According to the data, currently, the price of BTC is about $74,500, and it has pumped more than 9% in the past 24 hours. (Data Source: Scott Matherson)

Odaily Planet Daily News BTC is facing the pressure of global market risk aversion. Calculated at a price close to $58,500 at the time of publication (currently at $57,441.9), it has fallen by 13.1% in the past seven days, the largest weekly decline since the FTX crash. On Monday morning, US stock futures fell, reflecting concerns about the prospects for the rise of the world's largest economy, as well as doubts about whether the hype around artificial intelligence triggered by the weakness of technology giants has gone too far. In addition, the geopolitical tensions in the Middle East have further exacerbated investors' anxiety. IG Australia Pty's market analyst Tony Sycamore wrote in a report that the technical chart pattern has opened the way for further pullback of BTC to $54,000. So far this year, BTC's increase has slid to about 34%, compared to a pump of 19% for gold prices and 9% for global stock indices. (Bloomberg)

Gold 10 data May 20 news, oil prices continued to rise on Monday, a small increase in the face of uncertain political situation in major oil-producing countries, according to Iranian media reports, the Iranian president and foreign minister were killed in a helicopter accident; earlier today, the Saudi crown prince canceled his visit to Japan due to the health problems of the king. IG Markets analyst Tony Sycamore said, "If the health condition of the Saudi king is not good, the uncertainty that has already shrouded the energy market this morning will increase after the news of the Iranian president." He added that after WTI crude oil prices broke through the 200-day moving average of $80.02, they may rebound further to $83.50. Warren Patterson, head of commodity strategy at ING International, believes that the market seems to be increasingly numb to geopolitical developments, which may be due to OPEC's large amount of spare capacity.

Ethereum - Examining whether the price of ETH will drop to $2700 again. The daily and weekly price charts of Ethereum remain falling. However, this trend may be temporary. In fact, according to recent analysis, the price of ETH may fall to $2700 before it starts a bull market rebound. Therefore, checking the current status of ETH to better understand the short-term expectations. In the past 24 hours, Ethereum has been somewhat bullish on the chart, with its price rising by a little over 1%. According to the data, the trading price of ETH is $3,035.04, with a market cap exceeding $364 billion. However, bears may rise soon, recent analysis suggests that ETH may fall to $2700. Crypto Tony, a popular cryptocurrency analyst, recently shared this prediction, emphasizing the potential future trajectory of ETH. According to the tweet, the price of ETH will first reach the support level of $2700, and then start to rebound, which could bring it to $5400. Due to a significant decrease in investor confidence in the token, ETH appears to be potentially falling to $2700. Analysis of data also shows that the weighted sentiment of ETH is in the negative zone - indicating that bearish sentiment still dominates the market. In addition to this, quite a few other indicators also seem somewhat pessimistic. For example, the influx of transactions in ETH has surged, reflecting an increase in selling pressure. The supply on exchanges has also increased in the past week, further proving that investors have been selling ETH. It is worth noting that when investors sell their shares, Whales are taking another path by continuously increasing their holdings. The slight rise in the supply held by top addresses proves this. According to reports, the cryptocurrency market is bearish on Ethereum. To see if this is still the case, we analyzed the daily chart of ETH. According to our analysis, market indicators continue to be bearish. The price of the Token is currently below its 20-day Exponential Moving Average (EMA). The Relative Strength Index (RSI) is below the neutral level. In addition, the Chaikin Money Flow (CMF) of ETH is also declining, indicating a high possibility of ETH falling to $2700. However, investors do not need to worry about the poor price trend of ETH, as a trend reversal is possible before reaching $2700. If ETH successfully tests the support level near $3000, the situation may turn bullish. Breaking below this level will cause ETH to touch another resistance level near $2920, depending on whether it rebounds if everything goes well. (Data Source: Dipayan Mitra)

TON Foundation: 300,000 TON has been airdropped to Dedust and the most active Memecoin traders on the Ston.fi The TON Foundation said on the X platform that it has airdropped 300,000 TON (about $2.19 million) to the most active Memecoin traders on Dedust and Ston.fi. The whitelisted tokens are: FISH, ANON, REDO, MRDN, TONY, ARBUZ, durev, TPET, BTC25, WIF, COFE, CATS, and BOLT, and the airdrop snapshot is April 10th. The Witch wallet address is disqualified.

PANews reported on April 12 that the TON Foundation said on the X platform that it had airdropped 300,000 TON (about $2.19 million) to the most active Memecoin traders on Dedust and Ston.fi. The whitelisted tokens are: FISH, ANON, REDO, MRDN, TONY, ARBUZ, durev, TPET, BTC25, WIF, COFE, CATS, and BOLT, and the airdrop snapshot is April 10th. The Witch wallet address is disqualified.

The TON Foundation announced that it has airdropped 300,000 TON (about $2.19 million) to the most active meme coin traders on Dedust and/or Ston.fi. The airdrop snapshot date is from March 4th to April 10th, the Witch Wallet address is disqualified, and the whitelisted tokens include: FISH, ANON, REDO, MRDN, TONY, ARBUZ, durev, TPET, BTC25, WIF, COFE, CATS, and BOLT.

PANews reported on March 19 that, according to The Block, BlackRock managing director Tony Ashraf said that spot bitcoin ETFs are helping to meet people's demand for bitcoin, which has been growing for some time. Speaking during a panel discussion on Bitcoin ETFs at the London Digital Asset Conference, Ashraf said: "What we've really seen in the last few months is that the long-built demand has been met thanks to the emergence of ETFs. ” Ashraf noted that new investors are entering the crypto space because ETFs provide a new avenue for many investors to invest. Michael Sonneshein, CEO of Grayscale, agrees. He observed that ETFs have generally shown explosive growth, meeting pent-up demand. He mentioned that we are now in between that stage and the next, which will require more growth and institutionalization of these products. According to Ashraf, there are three key drivers of demand for Bitcoin ETFs: 1. Demographics in terms of the macroeconomic environment and wealth, which could alter the standard cryptocurrency cycle, for example, investors who buy Bitcoin through a registered investment advisor are less likely to engage in a market sell-off when the price falls by 10%. 2. The maturity of the industry, with more venture capitalists and traditional advisors entering the space, supports this trend, and at the moment simple things like cryptocurrency custody have become more secure. 3. As the regulatory environment improves, more and more clarity and certainty are beginning to emerge, but this is still in its infancy.

Bitcoin Market Cap hit an all-time high: more than $1.3 trillion, with a large number of bullish Options deals concentrated in the short term Considering the seemingly unstoppable momentum of Bitcoin's price action, the BTCUSD trading pair hit a new all-time high by less than 2%. At the same time, the BTC Market Cap chart has reached an all-time high of more than $1.3 trillion due to the newly unlocked supply of BTC since 2021. The last peak was $1.3 trillion identified in December 2021, just before the top Crypto Assets fell into the Bear Market trough. The BTC Market Cap charts calculated by TradingView aren't the only non-dollar charts that have hit new all-time highs. The reigning king of the Crypto Assets also broke records in Long different national currencies, such as the Australian dollar, which traded at more than $100,000 each. At the current price of $67,900, BTCUSD is less than 2% from its all-time high. Can the top Crypto Assets set new records this week? When Bitcoin broke above $66,000 and was just one step away from an all-time high, a large number of call options were traded in a short period of time. The largest of these options is a sell butterfly, with a total notional value of up to $33 million, betting that BTC will continue to soar or pull back. Recently, due to its offensive and defensive characteristics, the butterfly has come from $50,000, and more and more Long Large Investors choose to use the butterfly Options Long. (Source: Tony "The Bull" Severino)

Why "Overbought" Bitcoin could trigger a 107% Rebound Prior to the launch of the first spot ETFs, Bitcoin prices had previously shown extremely high strength. This strength has since faded, causing BTCUSD to pull back 20%. However, popular technical indicators that measure momentum may indicate the continuation of a strong uptrend, but only if a certain level is breached. Read on to learn more about the Relative Strength Index and how the top Crypto Assets perform once the market reaches the "Overbought" level. The RSI is a momentum measurement tool that signals when the market is "overbought" or "oversold." When a financial asset reaches such conditions, it usually means that a trend is about to change. In Bitcoin and other Crypto Assets, the weekly RSI is often a signal that the asset is entering its strongest phase. Bitcoin, for example, topped 70 in October 2023 and rose more than 60% just a few weeks later to reach its 2024 local high. Now the 1W BTCUSD chart shows an RSI reading just below 70, suggesting that the Closing Price may be back above the Overbought level. If the bulls are able to keep the Crypto Assets with the highest Market Cap above $43,650, then the weekly RSI should close above that threshold. Historical data may reveal what would have happened if the weekly RSI closed above 70 as expected. Over the past decade, Bitcoin has had a total of 13 1W RSIs close above 70. This happened 8 times in 2016 and 2017, twice in 2019, and once each in 2020 and 2021. 1 more in 2023. Of these 13 times, the RSI closed above 70 and gained an average of 107% after the peak of the movement. The biggest increase occurred in 2020, bringing in a return of more than 400%. The smallest increase occurred in 2016, with a rise of only 20%. After removing the largest and smallest outliers, the average drops to around 61%. This could mean that the average increase in Bitcoin could be between 61% and 107%. The 61% increase brought BTCUSD back to just under $68,000, just one step away from an all-time high, while the 107% gain set a new record, approaching $90,000 per Token. The Crypto Assets could also form a bull flag pattern with a price target of around $77,000. (Source: Tony "The Bull" Severino)

Top analysts warn investors ahead of Halving that Bitcoin (BTC) price is on track to reach $38,000? In the volatile world of Crypto Assets, all eyes are on Bitcoin (BTC) as the pioneering Digital Money moves closer to the highly anticipated Halving event in April. Meanwhile, Crypto Assets analyst Crypto Tony sent shockwaves to the community by posting a tweet predicting that the price of BTC could fall to $38,000 before the Halving. As of the latest update, Bitcoin is currently trading at $41,070, down a modest 1.42% over the past 24 hours. The Crypto Assets is down 5.01% over the past 30 days, reflecting continued Fluctuation in the market. Bitcoin trading volume has also seen a significant decline, plummeting 56.12% to $9,930,593,235 in the last 24 hours. Notably, the data shows that in the last 24 hours alone, BTC has liquidated $2.54 million worth of liquidations. These included a long liquidation of $628,480 million and a short liquidation of $1.91 million, highlighting the current sensitivity of the market to Fluctuation. As the countdown to BitcoinHalving continues, Crypto Assets enthusiasts and investors are keeping a close eye on these developments. BitcoinHalving rumors, well-known on-chain analytics platforms estimate that there are about 96 days left until BitcoinHalving. BitcoinHalving is a scheduled event that occurs approximately every four years or after 210,000 Block have been mined. During this process, the rewards Miner receives for validating transactions will be Halving. This scarcity mechanism is rooted in Bitcoin's protocol and aims to control the Inflation of the currency and maintain its value over time. This upcoming event is considered an important catalyst for Bitcoin prices, and judging by historical price patterns, the previous Halving event coincided with a significant price increase. Although Crypto Tony predicts that the price will fall to $38,000, it is worth noting that this prediction applies to the price level before the Halving. After the outlook Halving, many analysts expect the prices of major Crypto Assets to rise. Analysts expect that the reduction in Mining rewards during the Halving event will create a supply shock that will lead to increased demand, which will push up the price of Bitcoin. (Source: Mushumir Butt)

Despite the 15% plunge, the parabolic Bitcoin indicator shows that the Bull Market continues Recently, Bitcoin has experienced a significant decline, plummeting 15% from its 2024 high of around $49,000. The decline came on the heels of the approval of 11 SpotBitcoin exchange-traded funds (ETFs), a move that initially generated optimism among the crypto community. The sudden downturn has investors and traders analyzing charts for clues about Bitcoin's next move. In the wake of this decline, Technical Analysis provides a beacon of insight. It is worth noting that the pullback on the daily chart is marked by a bearish engulfing candle, indicating a possible reversal of Bitcoin's rise. This was followed by the annoying wick – the long upper shadow on the candlestick chart, indicating a sharp sell-off after the price peaked. Bitcoin futures opened sharply lower, which further complicated the situation. This gap is often seen as a potential resistance level, reinforcing the bearish sentiment. However, in the midst of these seemingly negative signals, the "parabolic" technical indicator – the Parabolic SAR indicator (stop loss and reversal) shines with a glimmer of hope. Despite the volatile market environment, the weekly BTCUSD Parabolic SAR indicator remains unmarked, indicating that the long-term rising trend remains intact. This indicator is known for its effectiveness in identifying potential reversals in the direction of the market, and it paints a different picture than direct bearish signals and sentiment. In order to fully understand the importance of the Parabolic SAR indicator in this context, it is necessary to understand what it is and how it works. The Parabolic SAR indicator is a popular Technical Analysis tool that is primarily used to determine the direction of an asset's momentum and provide entry and exit points. The "SAR" in the parabolic SAR stands for "Stop and Reverse". The indicator is represented on the chart as a series of points located above or below the price bar. A point located below the price is considered a bullish signal, while a point located above the price is considered a bearish signal. The Parabolic SAR indicator is unique in that it is able to act as a trailing stop. As the price of the asset moves, the Parabolic SAR adjusts and moves closer to the price line. This alignment provides traders with a dynamic way to manage their positions, securing profits while limiting potential losses. Against the background of the current situation in Bitcoin, the position of the Parabolic SAR indicator (still below the price bars on the weekly chart) indicates that the long-term bullish trend has not yet been disturbed. (Source: Tony "The Bull" Severino)

In an interview with Thinking Crypto host Tony Edward, when asked about the possibility of launching an XRP ETF this year, Bloomberg analyst James Seyffart said he doesn't think that will happen this year. He mentioned the SEC's case against Ripple as one of the reasons for its stance, and hinted that the XRP ETF would only appear when the matter was completed. Seyffart also said the Chicago Mercantile Exchange (CME) needs to have XRP futures trading before the SEC can consider any SpotXRP ETF applications.

Ready to take off: With analysts signaling an rising trend, Ethereum is eyeing a breakout Ethereum (ETH) is currently at a crossroads and could determine its trajectory in the coming weeks. Renowned Crypto Assets analyst Michaël van de Poppe shared a distinctly bullish view, highlighting Ethereum's proximity to the 2022 lows as a potential springboard for a breakout. A level indicating that it is close to last year's lows could be a catalyst for absorbing liquidity and triggering a bullish trend. His predictions depend on the broader market context, particularly the potential approval of U.S. SpotBitcoin exchange-traded funds (ETFs). If this approval materializes, he expects to have a significant impact on the ETH/BTC trading pair, potentially leading to a liquidation candle – a sharp price Fluctuation. Subsequently, Vanderpop predicted a major shift in market dynamics as funds shifted to Ethereum. He believes that this move will be accompanied by a "bullish weekly divergence" that puts Ethereum on rise track. At the same time, Ethereum seems to be struggling to catch up with Bitcoin's price performance. It recently breached the $2,300 mark, echoing Bitcoin's surge above $47,000 – its highest level since April 2022. However, Ethereum has seen a slight pullback and is currently trading at around $2,249. The slight drop comes as the asset is down 5.8% for the week, while its trading volume has surged from $13 billion last Tuesday to more than $23 billion today. A key factor in Van de Poppe's analysis is the possible approval of SpotBitcoin ETFs in the United States. The market is on edge, with major players such as BlackRock leading the Spot ETF race along with others such as Grayscale Investments, Valkyrie and ARK 21Shares. BlackRock, in particular, has stirred up a great deal of optimism in this SpotBitcoin ETF race. With an approval decision expected today, January 10, such a development could boost Bitcoin and facilitate the transfer of funds to Ethereum. Van de Poppe isn't the only one bullish on Ethereum. Another well-known Crypto Assets analyst, Crypto Tony, holds a similar view. Tony believes that if Ethereum stays above the key level of $2,130, then it may start to enter a bullish phase. The current trading price is above this key point, and Ethereum stabilizing at or above this level is considered a sign of market strength and could pave the way for future gains. Moreover, as Crypto Tony highlighted, breaking through the $2,500 mark could significantly enhance Ethereum's bullish momentum. (Source: Samuel Edyme)