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Bitcoin Indicator Signals Equilibrium After Trump Victory – A Clear Path To New Highs?

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Bitcoin is trading around $75,000 following Donald Trump’s victory in the U.S. election, stirring fresh optimism in the crypto market. Trump’s pro-crypto stance has ignited excitement among analysts and investors who anticipate favorable policies for digital assets in his administration. With Bitcoin now sitting at all-time highs, many speculate this could begin a new rally phase.

Related Reading: Ethereum Analyst Sets $3,400 Target Once ETH Breaks Key Resistance – Details

Key data from CryptoQuant indicates that Bitcoin has reached a price equilibrium, suggesting there are no strong market forces pulling the price lower. This positive equilibrium reinforces the bullish outlook and hints at a stable foundation for further growth. Analysts believe Bitcoin may be set for new highs with fewer obstacles in the coming weeks.

As investor confidence builds, some view this phase as a critical moment for Bitcoin to solidify its position in a pro-crypto policy environment. The combination of strong technical support and positive sentiment from Trump’s victory has set the stage for what many hope will be a significant upward trend, potentially driving the broader crypto market higher.

Bitcoin Enters A Bullish Phase

Bitcoin has officially entered a bullish phase after breaking past its previous all-time highs, reaching $76,500. This level has become a new area of focus as many analysts identify it as a potential resistance zone. 

According to CryptoQuant analyst Axel Adler, the market is currently balanced between a “Bubble” and a “Crash” phase. Adler’s analysis, which includes key on-chain data, suggests that Bitcoin’s market structure is at an equilibrium, meaning there are no significant fundamental reasons to anticipate a drop. Instead, this setup provides a stable foundation for possibly continuing Bitcoin’s upward trend.

Bitcoin Bubble vs Crash Market Structure signals equilibrium
Bitcoin Bubble vs Crash Market Structure Signals Equilibrium | Source: Axel Adler on X

With the Federal Reserve’s interest rate decision set to be announced today, the next few weeks promise to be pivotal. A stable or favorable decision from the Fed could reinforce the optimism in the market, drawing in new demand and reinforcing Bitcoin’s position above $76,000. 

Many investors and analysts expect heightened activity from institutional players, particularly given Bitcoin’s resilience around this milestone level. The market’s balance at this juncture is crucial. As long as Bitcoin maintains its current structure, it has the potential to continue its upward trajectory without substantial risk of retracement. 

With fresh demand entering the market and the macroeconomic backdrop shaping up favorably, Bitcoin may soon aim for even higher levels. For now, all eyes remain on the $76,500 mark and how the market will respond in the wake of the Federal Reserve’s announcement. This period of consolidation could be the catalyst for the next leg up, solidifying Bitcoin’s bullish outlook.

BTC Key Levels To Watch 

Bitcoin is trading at $75,000, holding steady above its previous all-time high of approximately $73,800. This level has become a critical support zone as BTC continues in a well-defined 4-hour uptrend. The trend began after a strong bounce from the 200 exponential moving average (EMA) at $66,800, indicating renewed bullish momentum.

BTC trading above previous ATH
BTC trading above previous ATH | Source: BTCUSDT chart on TradingView

Bulls need to keep the price above the $73,000 mark to sustain this momentum, a key psychological threshold. This level boosts market confidence and provides a potential springboard for Bitcoin to reach higher targets soon. A confirmed hold above $73,000 could signal further upside, inviting additional buying pressure and potentially setting up BTC for new highs.

However, if BTC fails to hold this level, it could slip toward a lower demand area of around $70,500. Despite this possibility, current price action shows no significant signs of a downturn. The steady uptrend and firm support levels suggest that Bitcoin’s bullish outlook remains intact, with little indication of an imminent drop.

As long as BTC maintains its structure, the path toward continued gains remains clear, reinforcing confidence in the ongoing rally.

Featured image from Dall-E, chart from TradingView



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Crypto Analyst Predicts XRP Price Could Touch $15 Easily If This Happens

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Este artículo también está disponible en español.

A well-known crypto analyst, Crypto Beast, has made a bold prediction about XRP future price trajectory, suggesting that it could reach $15 with ease under specific conditions. This interesting outlook comes amidst a consolidation of prices, which is now looking to regain momentum above $3.

Banks Adopting XRP Could Send It To $15

Bitcoin was created to disrupt the traditional financial industry and compete with the existing global financial system. While many other early cryptocurrencies like Ethereum and Litecoin also built upon this premise, XRP took another approach. Its creators developed it as a solution for fast and efficient cross-border transactions, aiming to complement the existing financial infrastructure rather than replace it.

Despite its intended role in improving financial transactions, XRP has faced years of price struggles, with long periods of decline over multiple years overshadowing its utility. This lackluster growth led many traders to lose faith, with some dismissing it as a dying asset. Interestingly, despite regulatory challenges and market downturns, the asset remained one of the top-ranking cryptocurrencies by market capitalization throughout this period. 

However, recent price rallies have breathed life into XRP. Particularly, this rally has seen the value of XRP grow massively since November 2024 and is now the third largest crypto in terms of market cap. This has seen sentiment around the altcoin shifting into a more optimistic direction, with some crypto analysts who doubted before now revealing bullish price targets for its price.

One of these analysts is Crypto Beast, who recently shared a $15 price prediction for XRP. Speaking to his over 560,000 followers on social media platform X, Crypto Beast stated that XRP’s price could surge to $15 if banks worldwide fully integrate the token into their systems.

Is $15 A Pipe Dream Or A Realistic Target

There is a valid question of whether XRP can realistically trade at $15 given its tokenomics. As of now, XRP has a total supply of 99.9 billion tokens, with 57.7 billion coins currently in circulation. Its market capitalization stands at $177.6 billion, while its fully diluted valuation is around $307.8 billion. If XRP were to reach $15, its market cap would need to grow to approximately $865.5 billion, assuming no significant increase in circulating supply. This would also push its fully diluted valuation close to $1.5 trillion.

Such a surge would place XRP ahead of Ethereum in market cap rankings and within striking distance of Bitcoin. On the surface, this might seem like a challenging milestone, but it could become feasible if the asset gains widespread adoption in cross-border payments and replaces current methods like SWIFT. Consequently, the token’s demand will increase significantly, driving sustained price growth.

According to Changelly, the XRP price can reach the $15 target sometime around 2033. At the time of writing, the altcoin is trading at $3.08.

XRP
XRP trading at $3 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com



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Trader Says Crypto Prices To Go Higher for Longer This Cycle – Here Are His Targets for Bitcoin and Ethereum

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A closely followed crypto analyst believes digital assets will remain in a bullish trend for a longer duration than in previous cycles.

In a new strategy session, crypto trader Michaël van de Poppe tells his 768,800 followers on the social media platform X that Bitcoin (BTC) and Ethereum (ETH) could hit massive new all-time highs if the current bull market extends beyond what many are predicting.

“I think that there’s a significant chance that this cycle will be longer and go higher than everybody expects. We’ve had the longest bear market on altcoins. Why not have the longest, final bull market on them? Bitcoin to $500,000 and Ethereum to $20,000. Sign me up.”

The trader says the cycle peak could arrive as late as 2027 and that Bitcoin may become less volatile as it continues upward.

“I don’t think we’ll have many 30% corrections on Bitcoin during this cycle. The markets become larger, through which a lot more liquidity is added and Bitcoin becomes more ‘boring.’ Just a gradual upward pace. Either Bitcoin peaks in Q4 2025 or somewhere beginning 2027.”

Bitcoin is trading for $104,600 at time of writing, flat on the day. Meanwhile, Ethereum is trading for $3,268 at time of writing, up 4.1% in the last 24 hours.

Lastly, the trader says several altcoins may soon follow the lead of layer-1 blockchain network Sui (SUI) and start breaking out. He says bullish divergence is starting to appear on the three-day charts against Bitcoin for several alts, including Optimism (OP), Wormhole (W) and Omni Network (OMNI).

A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators, such as the Relative Strength Index (RSI), a momentum oscillator indicator, are witnessing higher lows.

“The markets start to signal massive signals that utility coins and ETH ecosystem is the next one to thrive.

Why? SUI marked strong bullish divergences on HTF (high timeframe) levels at the lows resulting in 200% and 500% moves against Bitcoin. The same can now be seen on OP, W, OMNI and more.”

Image
Source: Michaël van de Poppe/X
Image
Source: Michaël van de Poppe/X

Sui is trading for $4.15 at the of writing, up 8.6% in the last 24 hours, while OP is trading for $1.45 down about 1% on the day.

Meanwhile, W is trading $0.24 at time of writing, up 14.4% in the last 24 hours, and OMNI is trading for $7.15, up 1.5% on the day.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Be A Bitcoin Bridge

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Follow Frank on X.

Often, when I speak with everyday Bitcoiners — plebs, if you will — they share with me that they’re torn between carrying on with their “fiat job” and getting more involved in the Bitcoin space on a professional level.

I usually tell them that they can start by incorporating Bitcoin into what they currently do for a living, though, I haven’t had a great example of someone doing this that I can point them to — until this morning.

When it’s time for the clients of osteopath Rob Shaw, based in Essex, UK (just outside of London), to pay him for his services, he presents them with the option to pay with British pounds or bitcoin via a Musqet PoS device.

(Please note he doesn’t go into a lesson on Bitcoin’s underlying technology or the principles of Austrian economics as he does this.)

Rob shared that here and there a client will act surprised when presented with the option to pay with bitcoin but that most simply make their choice between the two and proceed with making their payment.

Rob’s efforts have led to two of his clients now regularly paying in bitcoin, and he also provides a touchpoint for those who have yet to begin paying with it.

In this way, Rob is a Bitcoin bridge.

(And, ironically enough, it was an organization called Bridge 2 Bitcoin that introduced Rob to Bitcoin as a payment technology for his business.)

He’s subtly introducing people to Bitcoin, giving them the option to cross over into Bitcoin land in the process.

On Tower Bridge in London with Rob.

Some might call this “orange-pilling” (a term I don’t like much because it feels too coercive), but I’d argue that this is a more refined way to present bitcoin to people. In offering it as an official payment method for professional services, it legitimizes Bitcoin and prompts those unfamiliar with it to begin viewing it in a new light.

If professionals around the world employed such an approach, Bitcoin adoption would accelerate notably.

So, instead of feeling that you have to drop whatever you’re doing for work to join the Bitcoin industry full-time, consider being a bridge to Bitcoin and bringing the Bitcoin industry to what you’re already doing.

Be like Rob, be a Bitcoin bridge!





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