Bitcoin could go much higher due to lack of FOMO and futures market euphoria — Analysts
Key takeaways: Bitcoin’s rally to new price highs happened as funding rates and trading sentiment remained unusually subdued. Rising stablecoin supply and global M2 growth indicate untapped liquidity and the potential for further price increases. Long-term holders are not aggressively selling, reflecting their expectation for continued Bitcoin price appreciation. Bitcoin (BTC) hit a new all-time […]
These 4 memecoins can outperform Bitcoin this cycle
Key takeaways: Memecoins like Fartcoin, WIF, SPX6900, and Popcat are outperforming Bitcoin in the short term amid renewed crypto market euphoria. Bullish technical patterns signal more upside for top-performing memecoins. Popcat stands out with a potential 350% rally, while Fartcoin and WIF also eye significant gains in the coming weeks. Bitcoin (BTC) has surged 7.35% […]
XRP futures OI rises 25% as price chart ‘bull flag’ targets $14
Key takeaways: XRP price has gained 4% over the last 24 hours to $2.43, and its open interest has risen by 25%. Positive spot market activity flips the futures funding rate positive, suggesting a return of investor optimism. XRP could rally to $14 if a classic bull flag pattern is confirmed. XRP printed a “bull […]
Why is the crypto market up today?
Key points: The crypto market is up 2.5% on May 22, with its capitalization above $3.48 trillion for the first time since February. Bitcoin’s new all-time high of $111,888 is boosting investor confidence across the crypto market. The cryptocurrency market is up today, with the total market capitalization rising by approximately 2.5% in the last […]
Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet
Key takeaways: Bitcoin’s $109,458 all-time high aligns with seven consecutive green weekly candles since April, highlighting the strength of the current bullish momentum. Analysts expect BTC to reach between $135,000 to $320,000 in 2025. BTC heatmaps show high-leverage zones that may trigger liquidations. Thus, risk management remains crucial. Bitcoin (BTC) hit a new all-time high […]
Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?
Key takeaways: Spot Bitcoin ETF inflows and low leverage suggest the BTC rally has room to grow. US Federal Reserve liquidity and weak bond sales support a Bitcoin push beyond $110,000. Bitcoin (BTC) was unable to sustain its bullish momentum after reaching a new all-time high of $109,827 on May 21, which led traders to […]
Is Bitcoin price close to a cycle top? — 5 indicators that help traders decide
Key takeaways: Bitcoin market cycle tops are notoriously hard to time, but combining technical and behavioral indicators can offer strong signals. The MVRV-Z Score, Pi Cycle Top indicator, trade volume trends, Puell Multiple, and exchange inflows accurately predict Bitcoin price cycle tops. Bitcoin (BTC) might be approaching the final stage of its current market cycle […]
Bitcoin enters ‘acceleration phase’ resembling BTC price gains seen after Trump election victory
Key takeaways: The Bitcoin Quantile Model shows “heat” with price on the verge of an “acceleration phase,” echoing Q4 2024 when BTC embarked on a 45% post-election rally. Bitcoin (BTC) price has formed a new intraday high on each daily candle this week, with the crypto asset slowly grinding toward a new all-time high. In […]
Ethereum holders back in profit as ETH price enters 'crucial area' for $3K breakout
Key points: Ethereum holders are back in profit, increasing chances for a rally to $3,000 and beyond. Ether sell pressure risk exists at $2,800, where 2.27 million ETH could be sold. Ether’s recent surge to $2,700 on May 14 pushed its value above its realized price, implying that the average holder of ETH is “now […]
How high can Bitcoin price go?
Key takeaways: Bitcoin gained 14% since May 5, breaking $108,000 for the first time since January. Targets of $140,000 and even $200,000 are increasingly discussed for 2025. Bitcoin (BTC) price has climbed by more than 14% since May 5, rallying to $107,000 on May 21. Data from Cointelegraph Markets Pro and TradingView shows that the […]
Bitcoin open interest hits record high as bulls stampede toward new BTC price highs
Key takeaways: Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors. $1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds. The aggregate open interest in Bitcoin (BTC) futures surged to a record high on May 20, raising questions about […]
Ethereum price gained 90% the last time this indicator turned bullish
Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ether (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to […]