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Despite forming a traditionally bearish technical pattern, Bitcoin (BTC) appears to be setting the stage for a new record high, which could see the asset rally by about 80%. Specifically, prominent online trading analyst TradingShot observed that on April 4, Bitcoin completed a one-day death cross, where the 50-day moving average (MA) crossed below the 200-day MA.  While this is often seen as a negative signal, during the ongoing 2023 to 2025 bull cycle, this pattern has instead preceded major rallies, acting as a powerful buy signal, he said in a TradingView post on April 4. Bitcoin price analysis chart. Source: TradingView According to the expert, the bullish outlook can be deduced from the broader trend Bitcoin has followed since bottoming out in November 2022, known as a ‘channel up,’ a rising price structure marked by a sequence of higher lows. Each time Bitcoin nears the lower boundary of its channel, a one-day death cross and a Bollinge...

The XRP price prediction has become a spicy topic right now as the crypto token hovers around the value of $2.07, with some traders and investors closely watching its next potential move. At the time of writing this piece, XRP is showing signs of a possible head-and-shoulders pattern. This could points towards either a bullish breakthrough or a significant downtrend ready to hit, depending on whether key support levels hold up. Source: X Also Read: Dogecoin to Hit a New High? Analyst Says It’s Possible Despite Headlines How Market Volatility and Ripple’s Technical Analysis Could Affect XRP’s Future Price Source: Bitcoin.com News The cryptocurrency market latest batch of volatility has been particularly evident in XRP’s latest and greatest price ups and downs. Currently trading at around $2.03, XRP has experienced about a 4.66% decrease in the last 24 hours. This decline comes amid some expanding market uncertainty, with the total cryptocurrency market capitalization fa...

The 1 Cent dream is the main essence of Shiba Inu as the majority of investors want the token to hit $0.01. When SHIB reaches the milestone, present-day investors could make life-changing money and lead a life of financial freedom. The goal is to get there as soon as possible so that they won’t have to work again for their paycheck. Read here to know a poll conducted by Watcher Guru on how many SHIB investors will quit their jobs when the token reaches 1 Cent. Also Read: Morgan Stanley Predicts Google’s Alphabet Stock Price: See the Target Source: Coingecko In this article, we will highlight the latest price prediction on when Shiba Inu could breach $0.01 and make the 1 Cent dream a reality. The forecast is for the long term and could take years, if not decades to reach the price target. Only diamond hands could wait that long while scissor hands might fizzle out during the journey. The markets cannot blame them either as each individual has different financial requirements and co...

1. Current Situation: Bitcoin Reserves and Trump’s Energy Policy Amid intensifying global competition for Bitcoin reserves, the U.S. government has accumulated approximately 200,000 Bitcoins (worth around $17 billion) through law enforcement seizures and has established a “strategic Bitcoin reserve pool” prohibiting their sale. Meanwhile, the Trump administration’s policy direction exhibits two core tendencies: (1) supporting traditional energy industries, advocating for reduced subsidies and constraints on clean energy; (2) enhancing America’s financial competitiveness without increasing fiscal expenditure. Therefore, utilizing national energy resources for Bitcoin mining to augment reserves theoretically aligns with the administration’s policy objectives. Currently, U.S. national energy assets primarily include decommissioned power plants, Tennessee Valley Authority (TVA) hydroelectric facilities, military backup power sources, and other public energy infrastructures. These resources...

A closely followed crypto strategist believes that the native asset of a layer-2 scaling solution could witness an over 3x rally this year. Pseudonymous analyst Inmortal tells his 231,000 followers on the social media platform X that he’s bullish on Mantle (MNT), noting that he believes the altcoin has already printed a 2025 bottom at around $0.6. According to the trader, a 279% rally for MNT this year is a high-probability scenario. “Starting to feel like bottom is in. Big players have been buying over the last few weeks, and it shows. $3 in 2025 is very likely, high-conviction play for me.” Source: Inmortal/X Based on the trader’s chart, he seems to predict that MNT will surge to $1.30 in the coming months. At time of writing, MNT is worth $0.79. Turning to Bitcoin, the trader unveils a potential path for BTC to print a durable bottom this year. According to Inmortal, BTC could temporarily drop below $70,000 before igniting the next...