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A widely followed crypto strategist believes Bitcoin (BTC) is primed to ignite a massive explosion after breaking out from a bullish continuation pattern. Pseudonymous analyst TechDev tells his 523,300 followers on the social media platform X that Bitcoin has broken out of a cup-and-handle pattern on the two-week chart. The pattern typically indicates that an asset is ready to spark a new uptrend after a period of consolidation. TechDev also points out that Bitcoin’s cup-and-handle breakout looks very similar to gold’s eruption over the past two years. “When cup-and-handles hit with precision. Bitcoin’s turn…”  Source: TechDev/X Looking at the trader’s chart, he seems to predict that the pattern breakout will push BTC to as high as $300,000. Earlier this month, TechDev said that a surging global liquidity and capital reallocation would serve as tailwinds for BTC’s ascent to new record levels. “Gold goes parabolic > Liquidity b...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The cryptocurrency market continues its upward momentum. Bitcoin (BTC) has reclaimed the $102,000 territory for the first time since January of this year. Other assets are following BTC’s trajectory. The global crypto market cap has risen 3.1% in the last 24 hours to $3.33 trillion. Dogecoin (DOGE) has rallied 8.2% in the daily charts, 7.6% in the weekly charts, 8.2% in the 14-day charts, 37.2% over the previous month, and 32.5% since May 2024. Also Read: SEC Moves to End Ripple Case as Commissioner Rebels: $75M Returns to XRP Giant Source: CoinGecko Cryptocurrencies Continue Bullish Sentiment Source: Watcher Guru The current market rally is likely due to a boost in investor confidence. BTC breaching the $100,000 level may have led to a surge in sentiment. DOGE’s price is likely following BTC’s path. The sudden bullishness could be due to the Arizona governor signing a “Bitcoin and Digital Assets Reserve Fund” bill into law. The move may have elevated investor hopes af...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

An analyst known for nailing the end of the 2021 crypto cycle believes that Bitcoin’s drop below $80,000 is designed to lure BTC bears into thinking that the bull market is over. Pseudonymous analyst Capo tells his 942,200 followers on the social media platform X that he thinks Bitcoin is now process of carving a mid-bull cycle bottom following a substantial correction from its all-time high of around $110,000. According to the trader, BTC’s plummet to a 2025 low of $76,000 is a bear trap or a false breakdown that would lead to a sharp bullish reversal with altcoins leading the charge. “Bear trap went lower than expected, but the local bottom should be in or very close. A strong relief bounce is likely over the next few days, with altcoins expected to outperform Bitcoin.” On the instant messaging platform Telegram, Capo says that he’s starting to see signs of strength for Bitcoin and altcoins in the lower time frames. “Ideal...

Widely followed crypto analyst Benjamin Cowen says that altcoins are likely to collapse in the third quarter of 2025. In a new strategy session, Cowen tells his 874,000 YouTube subscribers that judging by previous cycles, altcoins likely have another leg to move down sometime during Q3 of movement as their movements are largely coupled with the price action of Bitcoin (BTC). He says that around November is when altcoins can mount their recovery. “I think at some point this year, [altcoins are] probably going to break down… And maybe [they’ll] do that this summer and then we’ll see them sort of bounce back up later on this year, something like where they come down here and then maybe go up. Remember, [the] big move by alt/Bitcoin pairs in 2017 didn’t actually occur until November so you have to remember that.” Cowen’s chart, which examines TOTAL3 – an index that tracks the total value of all digital assets excluding Bitcoin, Et...

A prominent crypto analyst says deep-pocketed investors have been spotted loading up huge amounts of Ethereum (ETH). Trader Ali Martinez tells his 119,200 followers on the social media platform X that crypto whales gobbled up more than $3.80 billion worth of Ethereum in a two-day span. “Whales have bought over 1.14 million Ethereum $ETH in [48 hours!]” Source: Ali Martinez/X At time of writing, Ethereum is trading for $3,340. The trader is also keeping an eye on the interoperable blockchain Polkadot (DOT). According to Martinez, DOT looks primed to ignite a big upside burst as it threatens to break out from a bullish continuation pattern. “Polkadot DOT looks ready to break out of a bull pennant, targeting $17!” Source: Ali Martinez/X At time of writing, DOT is worth $6.34. Looking at the layer-1 protocol Aptos (APT), Martinez warns that the crypto asset appears to be forming a bearish reversal structure on the 12-hour chart. The trade...

A widely followed crypto analyst says that holders of smart contract platform Solana (SOL) may be due for the same pain Ethereum (ETH) traders felt during previous cycles. In a new interview on the Crypto Banter YouTube channel, popular crypto trader Benjamin Cowen says that Solana paired against Bitcoin (SOL/BTC) is printing the same patterns that ETH/BTC did years ago before stagnating. “A lot of these altcoins follow this pattern, and I want to show you this really interesting pattern by Solana… It’s following the same pattern so far – look at ETH/BTC. This was a 90% drop followed by a https://cdn.thebittimes.com/images/2024/12/16/7b13155d24fc96821496142b5bc12631.webp% rally [and] right and after that https://cdn.thebittimes.com/images/2024/12/16/7b13155d24fc96821496142b5bc12631.webp% rally, ETH/BTC got this drop and this drop was essentially putting in higher lows. It was putting in higher lows [and] everyone was calling for the flipping. It got [...

A closely followed crypto analyst believes that one Ethereum (ETH) restacking protocol is starting to look extremely bullish. Pseudonymous analyst Altcoin Sherpa tells his 226,300 followers on the social media platform X that Eigenlayer (EIGEN) may continue to surge for several factors. “One coin/trade I haven’t seen on the timeline at all is EIGEN. ETH season probably coming. Hot new coin with former insane hype and current underpriced fully diluted valuation (current = $5.5 billion) compared to before. New tech. Everything’s up a lot but this looks exceptionally strong.” Source: Altcoin Sherpa/X Looking at his chart, the analyst suggests that EIGEN is printing a bullish pattern of higher high and higher low prices on the 12-hour timeframe. EIGEN is trading for $3.15 at time of writing, up 7.6% in the last 24 hours. Next up, the analyst says that AAVE, the native token of a top lending platform on Ethereum, might be in an uptrend ...

Ripple is inching closer to its most coveted mark, stable price momentum that can catapult the price to a new ATH. The analysts have already started to predict a new pace for XRP, claiming that the token has already begun its process of adopting a stellar bullish pace. Also Read: Gold (XAU) Continues Record Run: Tops $2,700 Price For 1st Time Ripple’s Bullish Pace: When? Source – CryptoRank As noted analyst Javon Marks notes, Ripple is slowly emerging from the dark and is ready to embrace the bullish onset of the market. The analyst notes that XRP is undoubtedly one of the most noteworthy crypto tokens in the market and is also one of the most spotlighted cryptocurrencies in the space. Regarding its looming ATH scenario, Marks quickly noted how XRP’s RSI patterns signal an impending ascent. He later shared how XRP’s RSI patterns indicate a bullish breakout of the “7-year pennant pattern.” Once it crosses over, the token can easily break into a bullish pace, climbing higher price p...