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5 Signs Bitcoin Is Primed to Pump Again This Year (Opinion)

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In a blog post on Tuesday, the chief investment officer for the institutional grade Bitcoin ETF issuer wrote:

“Two years ago, it was common for Bitwise clients to allocate ~1% of their portfolio to bitcoin and other crypto assets, an amount they could easily afford to lose.”

But he’s noticed a big change over the last 24 months:

“In today’s environment, it’s a different story. We more frequently see 3% allocations. As more of the world wakes up to the massive derisking we’ve seen in bitcoin, I think you’ll see this number rise to 5% and beyond.”

ABC’s “Shark Tank” investing star Kevin O’Leary followed this exact trajectory to massive profits from his Bitcoin investments. Only he was years ahead of the curve.

O’Leary devoted 3% of his portfolio to BTC in 2021. A year later he bumped up that balance to 5%.

Here are five signal factors driving support for Bitcoin’s price growth in 2025.

1. Bullish BTC Falling Flag Continuation Pattern

After correcting from the Jan. 20 historic record high of $109,000, Bitcoin’s price rallied for 14 days starting on Mar. 10, from $78,500 to $87,450 by Mar. 25 (+12% gain).

That represents a decisive breakout, confirming the falling flag pattern BTC charted during its correction. This bullish crypto chart pattern often signals the continuation of an uptrend.

According to Investopedia, these are some of the most reliable chart signals traders use in markets like crypto and stocks:

“These patterns are among the most reliable continuation patterns that traders use because they generate a setup for entering an existing trend that is ready to continue.”

The pattern is more reliable as a bull signal if the daily trading volume chart matches the price, tracing a descending rhombus shape that looks like a flag falling in the wind.

In this case, Bitcoin’s volume nicely matched the price’s consolidation channel. So it’s a fairly classic example of this bullish sign.

Meanwhile, as Bitcoin’s price moved higher into a more sure-footed recovery, the 10-day through 200-day moving average BTC technical indicators all flipped to a Strong Buy recommendation.

2. Bitcoin Price Rally on Trump Tariff Pivot

In addition to the Bitcoin’s decisive breakout in March from a 50-day falling flag channel within a steep 16-month uptrend, there’s President Donald Trump’s pivot on tariffs in March.

Markets rallied as the Trump relaxed his stance on tariffing imports. Before that, crypto prices fell along with stocks in February over a news cycle heavily focused on tariffs and rumors of more taxes.

But, Bitcoin prices began to recover a few days after Trump suspended tariffs on Mexican and Canadian imports. It surged again on Mar. 24 and 25 after reports emerged that the White House was about to narrow its tariff agenda significantly.

Instead of broad industry tariffs on major trading partners, Trump would focus tariffs in a more targeted plan to be levied on countries with the most severe US trade imbalances.

BTC continued to notch gains on Mar. 26 as Trump confirmed the softer tariff stance in an interview:

“I’ll probably be more lenient than reciprocal, because if I was reciprocal, that would be very tough for people.”

These confluences signal the crypto rout over February was more about global tariff worries than a reversal in Bitcoin’s earthshaking 28-month uptrend since Dec. 2022.

3. Wall St. Bitcoin ETFs Roar Back to Life

Another rather bullish signal for a Bitcoin trend continuation is the decisive return of inflows to Bitcoin ETFs over several consecutive days beginning on Mar. 14.

Flows were heavy on St. Patrick’s Day (Mar. 17), with a total quarter billion worth of Bitcoin ETF purchases by regulated Wall Street investors. The following day inflows topped another $200 billion.

Wall St. is more practical and cautious in its BTC trading than the high-conviction Internet cabal of technology futurists, devout political radicals, and laptop capitalists hooked on crypto market ROIs.

So, the institutional crowd’s return to bagging crypto ETFs with issuers like BlackRock, Fidelity, and VanEck potentially represents another bullish tailwind that will support more Bitcoin price growth in 2025’s next quarter.

4. Social Sentiment Score Flips Positive

As these bullish indicators emerged for Bitcoin’s rally, social sentiment flipped from FUD (fear, uncertainty, and doubt) to FOMO (fear of missing out).

Blockchain intelligence company Santiment reported on Mar. 24 that positive Bitcoin sentiment had reached its most bullish levels seen in 6 weeks.

“Comments across social media are becoming quite positive, indicating many expect this rally to continue,” Santiment said in a post on the X app.

In addition to these other signals, they may be encouraged by the bevy of Bitcoin whales who bought 200,000 BTC over the period of one month in March.

5. White House Floats Gold Sale to Buy Bitcoin

Trump and the crypto segment got married last year during his historic presidential reelection bid. During a whirlwind of the first 65 days in office, it appears that the honeymoon is far from over.

The president and his appointees continue to give strong assurances of legal clarity and fairness to the crypto industry, while making serious moves toward taking a big bite out of the 21 million Bitcoin that will ever be mined and holding it in reserve for the United States government and citizens.

But, in a shocking development, a White House crypto official in late March suggested that the government may sell gold from its official stockpile to buy BTC with the proceeds.

It’s another reminder that Bitcoin is far from a flash in the pan Internet fad, as many have taken pains to point out over the past years. The US government’s embrace signals a sea change in the forward outlook for BTC and support for a stellar secular growth trend on the scale of years and decades.

Plus in the more immediate term, the cryptocurrency will likely continue to enjoy price support this year from further developments in the US federal policy agenda.

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Cryptocurrency

Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off?

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TL;DR

  • Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals.
  • Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July.
  • Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading.

Large Withdrawals and Whale Activity

Ethereum (ETH) has seen heavy movement from major wallets over the past few days. On-chain data from Lookonchain shows a newly created wallet pulled 17,591 ETH, worth $81.62 million, from Kraken in just two hours. 

Over three days, two new wallets withdrew a combined 71,025 ETH, valued at $330 million, from the exchange.

One of these wallets, address 0x2A92, has withdrawn 53,434 ETH, worth $242.34 million, in two days. This includes a recent purchase of 30,069 ETH, valued at $138.46 million, during a market drop.

Major ETH Holders Offload Millions Amid Price Rally

In contrast, several separate entities have been disposing of some ETH holdings. A wallet tied to a hacker address 0x17E0 sold 4,958 ETH for $22.13 million at $4,463, securing a profit of $9.75 million. Earlier this year, the same address sold 12,282 ETH at $1,932 and later bought back part of the amount at higher prices.

A different whale sold 20,600 ETH for $96.55 million over the past two days, generating a profit of more than $26 million after holding the position for nine months. 

Meanwhile, an Ethereum Foundation-linked wallet, 0xF39d, sold 6,194 ETH worth $28.36 million in the last three days at an average price of $4,578. 

Recent sales from the same wallet included an additional 1,100 ETH and 1,695 ETH for over $12.7 million combined.

Network Activity on the Rise

CryptoQuant data shows Ethereum’s total tokens transferred have been climbing since August 9. After ranging between 1 million and 3 million ETH through late July and early August, transfers have risen to 4.6 million ETH, approaching the monthly high of 5.2 million recorded in mid-July. This increase has occurred alongside a price rally from about $3,400 to $4,600.

Ethereum (ETH) Tokens Transferred (Total)
Source: CryptoQuant

Interestingly, staking inflows generally stayed between 20,000 and 80,000 ETH per day over the past month. On August 14, inflows jumped to 247,900 ETH, the highest in the period. 

At the time, ETH was trading near $4,600. Large staking deposits reduce the amount of ETH available for immediate trading, as staked coins are locked for a set period.

Ethereum (ETH) Staking Inflow Total
Source: CryptoQuant

In the meantime, ETH trades at $4,647 with a 24-hour volume of $68.25 billion, down 2% on the day but up 19% over the week.

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Massive DOGE Whale Activity Hints at $1 Breakout

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TL;DR

  • Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins.
  • A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements.
  • DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark.

Price and Market Moves

Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the past day but still showing a 2% gain for the week. Daily turnover came in at about $6.18 billion. 

Meanwhile, the broader crypto market saw over $1 billion in liquidations. Hotter-than-expected US Producer Price Index data pushed traders to scale back expectations of a near-term Federal Reserve rate cut. DOGE had roughly 290,500 coins liquidated during the sell-off.

On the two-week chart, analyst Trader Tardigrade notes that DOGE has cleared a downward-sloping resistance line after completing what appears to be a “wave V” in an Elliott Wave sequence. Similar setups in the past, where prolonged declines stayed within falling channels before breaking higher, have been followed by sharp rallies.

Momentum gauges are also turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading higher. Previous reversals from this zone have coincided with sustained upward moves. The current formation points to a possible run that could carry DOGE past the $1 mark.

Heavy Whale Buying and Large Transfers

As reported by CryptoPotato, blockchain data shows large investors have added two billion DOGE in the past week, spending just under $500 million. That brings their holdings to about 27.6 billion coins, or 18% of the supply. The buying streak has prompted speculation within the community. 

Recently, Whale Alert flagged a 900 million DOGE transfer worth about $208 million into Binance. The tracking indicates that it originated from a wallet connected to the exchange, likely as an internal activity. The address involved holds 2.88 billion DOGE, one of the largest balances on the network.

Ali Martinez also reports that transactions above $1 million reached a one-month high, with activity building since early August and peaking as DOGE traded at $0.25.

Sentiment Building

Analyst Gordon described the current setup as “a nice bit of consolidation” before a potential breakout, adding, 

“This will be one of the first coins normies FLOCK to & the pump will be MASSIVE.”

With whale accumulation rising, high-value transfers increasing, and a bullish technical pattern in play, DOGE is positioned for a potential push toward $1 if momentum holds.

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Ripple Price Analysis: XRP at Risk as Key Support Levels Could Trigger Sharp Drop

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XRP has recently entered a consolidation phase after a strong rally earlier this summer, with the price action now hovering around key resistance levels on both its USDT and BTC pairs. Yet, while momentum has slowed, the charts still indicate a generally bullish structure, with multiple key support levels remaining firmly in place.

Technical Analysis

By ShayanMarkets

The USDT Pair

On the XRP/USDT daily chart, the price is currently trading near the $3.10 mark, facing a strong resistance zone around $3.40. This follows a breakout above the $2.70 range in July, which has now flipped into a support area.

Both the 100-day and 200-day moving averages are also trending upward and recently formed a bullish crossover around $2.45, reinforcing the medium-term bullish sentiment. If the $3.40 resistance breaks, a push toward the critical $4.00 range becomes likely.

However, the RSI hovering near the neutral 50 level suggests a lack of strong momentum for now, meaning a short-term pullback into the $2.80 support zone is still possible.

This zone will be key for maintaining the bullish structure. Losing it could open the door for a deeper correction toward the 200-day moving average located around the $2.40 mark. Yet, as long as the price stays above the moving averages, the broader trend remains bullish.

The BTC Pair

Looking at the XRP/BTC chart, the pair has recently pulled back after hitting the 3,000 SAT resistance, with the price currently around 2,600 SAT.

This follows a clean breakout above the long-term descending channel and a successful retest of its upper boundary, which coincided with the 200-day moving average and the 2,400 SAT support zone. This confluence remains a key bullish technical factor, as holding above it could attract renewed buying pressure.

That said, RSI levels around 48 show that momentum has cooled after the sharp July rally, meaning XRP may continue ranging between 2,400 SAT and 3,000 SAT in the near term. A decisive close above 3,000 SAT would likely open the path to the 3,400 SAT zone, while losing 2,400 SAT could shift the bias back toward 2,000 SAT support. For now, the structure still favors the bulls as long as higher lows remain intact.

 

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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