Chainlink Price Could Run To $31 In The Next Leg Up — Here’s Why

The final months of a market cycle are usually characterized by exhilarating runs by various assets in the altcoin market — a period famously dubbed the “altcoin season.” Unfortunately, while the market cycle seems to have peaked, the story has been the opposite for this category of cryptocurrencies.

Specifically, the Chainlink price has declined by more than 50% in the last three months, underscoring the dwindling climate of the crypto market. However, the future might not be all bleak, as the latest price outlook suggests a promising future for the LINK token.

Is Chainlink Price Gearing For A 100% Move?

In a recent post on the X platform, a crypto analyst with the pseudonym Satoshi Flipper shared an exciting analysis of the Chainlink price. Referencing the current layout of its daily price chart, the crypto pundit projected LINK to go as high as $31 over the next few weeks.

This bullish analysis is based on the appearance of the falling wedge pattern on the Chainlink price chart. The falling wedge pattern is a technical analysis formation characterized by two descending and converging trendlines; an upper line connecting the lower highs and the lower line connecting the lower lows.

Wedge formations — which could be rising or falling — are considered continuation or reversal patterns, depending on whether the price breaks down or breaks out. In the falling wedge, if the price breaks above the upper boundary as it narrows into the descending lines, a trend reversal is identified.

This scenario appears to be playing out on the daily Chainlink price chart, as the altcoin continues to persist in the current downtrend. However, a break above the upper trendline would indicate a shift to an upward trend.

Chainlink price

As shown in the chart above, the price of LINK seems to be testing the upper boundary line already. Satoshi Flipper expects the altcoin to surge to as high as $31 if a successful close occurs outside the falling wedge.

As of this writing, the value of LINK is hovering around the $14 mark, reflecting an over 2% leap in the past 24 hours. A Chainlink price move to $31 would represent a more than 100% surge from the current point.

640,000 LINK Tokens Flow Out Of Centralized Exchanges

According to crypto pundit Ali Martinez, most LINK investors have been moving their tokens off centralized exchanges. Recent data from Santiment shows that more than 640,000 LINK have made their way off crypto exchanges in the past 24 hours.

This magnitude of exchange outflow supports the current bullish prognosis for Chainlink price, as it implies that the token supply on exchanges (which offer trading services) contracts. With fewer tokens available for sale in the open market, the altcoin’s price would face less selling pressure.

Chainlink

However, it is worth mentioning that this significant exchange outflow could be connected to Chainlink’s quarterly token unlock, which saw the release of 19 million LINK tokens on Friday, March 15.

Chainlink price

Forget Solana, XRP may flip Ethereum first amid 5-year high

Forget Solana, XRP may flip Ethereum first amid 5-year high

XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery.

On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election.

Forget Solana, XRP may flip Ethereum first amid 5-year high

XRP/ETH weekly price chart. Source: TradingView

XRP potential breakout versus ETH

The XRP/ETH rally is fueling speculation among market watchers that XRP could flip Ether to become the second-largest cryptocurrency by market capitalization.

For instance, analyst Dom highlights 0.0012 ETH as a historically significant resistance level, a threshold that has consistently preceded explosive rallies in past cycles. He notes that XRP has gone parabolic after breaking this resistance, delivering gains of at least 160% in previous instances.

Forget Solana, XRP may flip Ethereum first amid 5-year high

XRP/ETH 12-hour price charts. Source: TradingView/Dom

He illustrated the same with three key breakout points—in early 2017, late 2017, and 2018 when XRP’s surged against Ether following a confirmed breach of the 0.0012 ETH resistance.

As of March 16, XRP was once again testing this critical level. If history repeats itself, even a partial rally of 80% would be enough for XRP to flip ETH in market capitalization, DOM suggests, especially as Ether’s price risks more downside in 2025.

Related: XRP price poised for 46% gains after Ripple secures first Dubai license

At $138 billion, XRP’s market cap is less than $100 billion short of hitting Ethereum’s. Moreover, XRP’s fully diluted valuation (FDV) briefly surpassed Ethereum’s earlier this week.

For context, FDV represents the total theoretical value of all tokens, including those not yet in circulation, whereas market capitalization only accounts for tokens currently in circulation.

Why is Ethereum underperforming XRP?

XRP’s market dominance has grown by over 300% since Trump’s reelection on Nov. 5.

Forget Solana, XRP may flip Ethereum first amid 5-year high

XRP.D vs. ETH.D daily price chart. Source: TradingView

The same period has witnessed Ethereum losing its market share by over 35.50%, showing a clear lack of interest among traders for Ether compared to other top-ranking crypto assets.

A key factor in this divergence is regulatory sentiment. Trump has positioned the US as the future “world’s crypto capital,” appointing pro-crypto regulators and pledging to foster a more favorable environment.

This shift has especially benefited XRP, which caters to enterprise users, particularly as Ripple unveiled an institutional DeFi roadmap in February.

Meanwhile, Ethereum has slumped due to rising competition from rival layer-1 blockchains, particularly Solana (SOL).

The Dencun upgrade in March 2024, which slashed Ethereum’s transaction fees by 95%, was intended to improve scalability. However, it has also reduced ETH burn rates, increasing supply and weakening its deflationary appeal and “ultrasound money” narrative.

Forget Solana, XRP may flip Ethereum first amid 5-year high

ETH supply rate since the Merge. Source: UltraSound Money

At the same time, Solana’s dominance has risen, with its trading volume now rivaling Ethereum and all its layer-2 chains combined.

The network’s faster and cheaper transactions have made it the go-to platform for DeFi activity, memecoin trading, and NFT markets, which Ethereum previously dominated. This shift has eroded Ethereum’s market share, particularly among traders and developers seeking high-speed, low-cost transactions.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts

Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts

Bitcoin’s historic bull cycle is still intact, despite widespread investor fear over the current correction, which may only be a temporary “shakeout” ahead of the next leg up, according to crypto market analysts.

Bitcoin’s (BTC) price is currently down 22% from its all-time high of over $109,000 recorded on Jan. 20, on the day of US President Donald Trump’s inauguration, Cointelegraph Markets Pro data shows.

Despite investor sentiment dropping into “Extreme Fear” multiple times, historic chart patterns suggest that this may just be a price shakeout — a sudden price drop caused by multiple investors exiting their positions, preceded by a sudden price recovery.

“Several key technical indicators have turned bearish, leading to speculation that the bull cycle may be ending prematurely,” Bitfinex analysts told Cointelegraph.

Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts

BTC/USD, 1-year chart. Source: Cointelegraph

“Despite this, Bitcoin’s 4-year cycle remains an important factor, historically shaping price movements,” said the analysts, adding:

“Corrections within bull cycles are normal, and past trends suggest that this may be a shakeout rather than the start of a prolonged bear market.”

However, the launch of the US spot Bitcoin exchange-traded funds (ETFs), which temporarily surpassed $125 billion in cumulative holdings, along with the growing institutional crypto investments make it “clear that the conventional cycle ceases to exist,” the analysts added.

Related: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMC

In an optimistic sign for price action, Bitcoin staged a daily close above $84,000 on March 15, for the first time in over a week since March 8, TradingView data shows.

Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts

BTC/USD, 1-day chart. Source: TradingView 

However, due to Bitcoin’s correlation with traditional financial markets, BTC may only find a bottom along with equity markets, particularly the S&P 500, said Bitfinex analysts, adding:

“While $72,000–$73,000 remains a key support range, the broader market narrative, especially global treasury yields and equity trends, will dictate Bitcoin’s next major move.”

“Trade wars have already been priced in, to some extent, but prolonged economic strain could weigh on sentiment,” the analysts added.

Related: Rising $219B stablecoin supply signals mid-bull cycle, not market top

Bitcoin halving and four-year cycle still crucial for price action: Nexo analyst

Despite fears over a disrupted Bitcoin bull market, the four-year cycle, along with the Bitcoin halving event, remain crucial for Bitcoin’s price action, according to Iliya Kalchev, dispatch analyst at Nexo digital asset investment platform.

“Bitcoin’s four-year compound annual growth rate (CAGR) has declined to a record low of 8%, posing questions about whether its traditional four-year cycle remains valid,” Kalchev told Cointelegraph, adding:

“Although strong institutional adoption over the past year has served as a significant tailwind for Bitcoin, its halving events are still expected to exert long-term influence.”

The 2024 Bitcoin halving reduced the Bitcoin network’s block reward to 3.125 BTC per block.

Bitcoin experiencing “shakeout” not end of 4-year cycle: analysts

BTC/USD, 1-day chart since 2024 halving. Source: TradingView 

Bitcoin price is up over 31% since the last halving occurred on April 20, 2024, which was coined the “most bullish” setup for Bitcoin price, partly because of the growing institutional interest in the world’s first cryptocurrency.

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XRP $15 Breakout? Not A Far-Fetched Idea—Analysis

After dropping to less than $2 last March 11th, Ripple’s XRP springs back to life and it’s currently trading between $2.30 and $2.40. And with the US Securities and Exchange Commission vs Ripple case nearing its resolution, the market can expect more price volatility for this digital asset.

Within this context, market analyst Ali Martinez boldly claims that Ripple’s native coin still have the legs to hit a two-digit figure this cycle, using an extensive symmetrical triangle formation as a solid basis. 

Martinez’s view runs opposite the bearish statements from other commentators. XRP has been on a slide lately, affected by the broader crypto fall, dipping by around 25% from its $3.40 high achieved mid-January.

XRP Gradually Builds Its Symmetrical Triangle

Like most cryptos, XRP continues to have a highly volatile market performance. The token attempted a recovery early this month but met resistance, leading to a steep decline on March 11th. Interestingly, a few commentators remain bullish on the altcoin, including Martinez, who sees the token on track to reach $15.

In his latest commentary, shared via a Twitter/X posting, Martinez highlighted the seven-year symmetrical triangle formed by this asset, which dates back to January 2018, when it dropped from its $3.80 high.

Even before Martinez shared this observation, several commentators reported the triangle’s formation, suggesting that a breakout could lead to a price run.

The Ascending Trendline

According to Martinez, XRP formed its lower highs in January 2018, extending the descending trendline on top. As the crypto witnessed higher lows during this time frame, it extended its ascending trendline below, creating a symmetrical triangle.

Interestingly, XRP exited the symmetrical triangle structure following the November US elections. Ripple’s native token surged by 280% for the month, marking the biggest 30-day increase for the asset in seven years.

Along with surprising traders, this breakout inspired fresh hope among XRP enthusiasts. While some experts noted that past breakouts do not automatically ensure continuous rallies, many saw this spike as evidence of possible long-term strength.

Still, the dramatic price fluctuation sparked conversations on XRP’s future, particularly in light of further government changes and more general market movements.

Ripple’s XRP is currently trading at $2.37, which is 2% up in the last seven days. 

XRP Currently Retesting A Breakout

After two months of upside, Ripple’s XRP is on a downturn, reflecting the broader crypto market sentiment. According to Martinez, XRP’s price is currently retesting the triangle chart breakout. He also suggested that even if XRP slips below $2, it’s still on track for a breakout, as long as it stays above $1. Armed with the charts, Martinez believes that XRP hitting $15 is not a far-out idea. 

Featured image from StormGain, chart from TradingView

Shiba Inu Burn Update: 99.44% Daily Burn Crash Could Spell Trouble For Meme Coin

Shiba Inu’s price action in the past 24 hours has been characterized by a brief recovery after hitting a low of $0.00001237. This 24-hour price recovery is part of a 15% recovery after Shiba Inu reached a low of $0.00001102 on March 11, which is its lowest point in over a year. In spite of the modest increase in price, a slowdown in a key Shiba Inu metric might threaten this price recovery that’s just beginning.

This threat is revealed in the Shiba Inu burn rate, which has taken a massive 99.44% nosedive in the past 24 hours. 

Shiba Inu Burn Rate Plummets 99% In A Day

Shiba Inu’s burn mechanism has long been considered a vital factor in its tokenomics, reducing the supply to create scarcity and, in turn, drive up value. However, in the last 24 hours, on-chain data shows that SHIB’s burn rate has dropped by an alarming 99.44%, which is a sharp change to the relatively high burn numbers recorded in previous days.  

According to data from the Shiba Inu burn tracker Shibburn, a total of 2,811,819 SHIB tokens have been sent to burn addresses in the past 24 hours. Although this might look like a lot of tokens at first glance, it actually falls short of the volume required to make an impact in the current market conditions. It also marks a 99.44% decline from the over 500 million SHIB tokens burned in the previous 24-hour timeframe.

Shiba Inu Burn Crash Could Spell Trouble With Weak Market Sentiment

The burn rate’s volatility has often coincided with fluctuations in trading volume and overall market sentiment, and this latest crash raises doubts about whether investors are still committed to the long-term burn initiative. The idea behind the Shiba Inu burn process, where SHIB tokens are sent to any of three dead wallets, is that the available supply diminishes by continuously removing SHIB tokens from circulation. This, in turn, makes the remaining tokens more valuable and helps prevent further price declines during market crashes.

At the time of writing, Shiba Inu is trading at $0.00001285, up by about 3% in the past 24 hours. A resurgence in the burn rate would be an important factor for Shiba Inu to maintain its recent gains and push for further recovery. A consistent and substantial burn rate would contribute to the notion that Shiba Inu has already established a local bottom at $0.00001102 and pave the way for a stronger uptrend. 

On the other hand, if the burn rate continues to decline over the next 24 hours, it could weaken this recovery effort and increase the likelihood of a retracement back toward its March 11 low.

Featured image from Gemini Imagen, chart from TradingView

Cardano Is ‘About To Break Free’ – Breakout Above Crucial Supply To Trigger A Big Move–Analyst

Altcoins and Cardano have been caught in extreme market swings, with high volatility and panic-driven sell-offs dominating price action. Since the start of March, ADA has lost over 44% of its value, reflecting the broader negative sentiment surrounding altcoins as investors remain uncertain about the market’s next move.

The entire crypto market has been under heavy selling pressure, and altcoins like Cardano have been hit the hardest. With fear gripping traders, ADA has failed to reclaim key levels, leaving many wondering if further downside is ahead. However, some analysts believe that a recovery rally could be on the horizon.

Crypto analyst Ali Martinez recently shared a technical analysis on X, revealing that Cardano is about to break free from a bullish pattern. If confirmed, this technical setup could trigger a strong move to the upside, providing much-needed relief for ADA holders.

The next few days will be crucial, as ADA must hold its current range and confirm a breakout to shift market sentiment. If bulls take control, Cardano could see a swift recovery, but failure to do so may result in continued downward pressure. Traders are watching closely for signs of strength or further weakness.

Cardano Holds Strong Amid Market Weakness

Cardano has been overperforming compared to the broader market over the past week, showing relative stability despite ongoing selling pressure. While most altcoins have struggled to find support, ADA has held its ground, maintaining a stronger structure than many of its peers.

However, price action remains range-bound, with Cardano trading within a pattern that began forming in November 2024. The lack of a decisive breakout has left investors cautious, as sentiment across the market remains fearful. With altcoins underperforming against Bitcoin, traders are waiting for confirmation before committing to long positions.

Martinez’s technical analysis highlights that Cardano is approaching a key moment. His analysis suggests that ADA is on the verge of breaking out of a bullish triangle pattern, a setup that has been developing for months. If confirmed, this breakout could trigger a 15% price move, pushing ADA toward higher resistance zones.

Cardano forming a bullish pattern | Source: ADAUSDT chart on TradingView

For now, bulls must hold current levels to sustain positive momentum. If ADA breaks out of this triangle pattern, it could mark the start of a strong recovery, potentially sending prices toward multi-year highs. However, failure to hold support could result in further downside pressure, making the next few days critical for ADA’s direction.

ADA Bulls Must Reclaim $0.80 For A Recovery

Cardano is currently trading at $0.73, with bulls attempting to hold the 200-day moving average (MA) and the exponential moving average (EMA) as support. The market remains under pressure, and ADA must stay above this level to prevent a deeper correction.

ADA testing the 200-day MA & EMA | Source: ADAUSDT chart on TradingView

For a confirmed recovery rally, ADA needs to break above the $0.80 mark, which would indicate renewed bullish momentum and potentially open the door for higher price targets. A successful reclaim of this level could shift sentiment, allowing bulls to build strength for a larger move upward.

However, failure to hold above current levels could trigger increased selling pressure. If ADA loses the key $0.69 support, a strong drop toward the $0.58 level is likely. This would extend the current downtrend, making a short-term recovery more difficult.

With market conditions still uncertain, the next few days will be crucial in determining whether ADA can stabilize or if further downside is ahead. Traders are watching key resistance and support levels closely, waiting for a decisive move before making their next decisions.

Featured image from DALL-E, chart from TradingView

Toncoin open interest soars 67% as Pavel Durov departs France

Toncoin open interest soars 67% as Pavel Durov departs France

Toncoin Open Interest (OI) has jumped 67% over the past 24 hours amid reports of Telegram founder Pavel Durov’s departure from France, where he had been required to stay since his arrest six months ago.

On March 15, Toncoin (TON) OI  — a metric tracking the total number of unsettled Toncoin derivative contracts such as options and futures —  reached $169 million, representing a 67% increase from the previous day when the reports of Durov’s departure first surfaced, according to CoinGlass data.

Toncoin open interest reaches highest level in 42 days

It is the highest level of OI in Toncoin since Feb. 1, when it was sitting at $171.49 million.

TON is The Open Network’s native cryptocurrency and is the exclusive blockchain infrastructure for Telegram’s Mini App ecosystem.

Toncoin open interest soars 67% as Pavel Durov departs France

Toncoin open interest surged 67% on March 15. Source: CoinGlass

TON’s price jumped 17% over the same 24-hour period, trading at $3.45 at the time of publication, according to CoinMarketCap data.

Trading resource account Crypto Billion said in a March 15 X post that Toncoin is “showing signs of a potential long-term accumulation phase as it stabilizes near key support levels.”

However, if this rally is short-lived, around $18.8 million in long positions could be liquidated if TON’s price falls back toward the $3 level it was trading at on March 14.

Toncoin open interest also surged after arrest in 2024

The court reportedly allowed Durov to travel to Dubai, a city with no extradition agreements with many countries.

The market’s reaction hints at the potential significance of this case for the crypto industry. Many are worried that Durov’s arrest in August 2024 in France could set a precedent for cracking down on other privacy-focused services. He was accused of running a platform that enables illicit transactions.

Related: Bitget predicts TON ‘de-Telegramization’ in the next 2 year

Similarly, when Durov was arrested in August 2024, TON’s OI also surged. 

Following the news of Durov’s arrest on Aug. 24, 2024, TON’s OI spiked 32% over the following 24 hours, alongside its price falling almost 12%.

On Jan. 21, Telegram announced it would cease support for all blockchains other than The Open Network for its messenger services.

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Bitcoin Price Above $100,000 Again? Chart Patterns Show What’s Coming Next

Crypto analyst Madden has raised the possibility of the Bitcoin price rallying above $100,000 again, providing a bullish outlook for the flagship crypto. His analysis showed what is coming next for BTC and how it could reach this psychological price level. 

Bitcoin Price Eyes Rally Above $100,000 With Potential Bullish Reversal

In a TradingView post, Madden indicated that the Bitcoin price was eyeing a rally above $100,000 with a reversal looking likely. His accompanying chart showed that $91,700, $102,700, and $109,356 are potential price targets which BTC could hit as it reverses to the upside. A rally to $109,356 would mark a new all-time high (ATH) for the flagship crypto. 

The crypto analyst alluded to some charts with important levels and relevant patterns to determine if the reversal is confirmed for the Bitcoin price. On the daily chart, he highlighted a Deep-Crab harmonic and Wolfe wave pattern to identify the reversal points. The Deep Cran pattern showed that BTC likely bottomed out when it touched $76,600, with the reversal now in play. 

Madden also alluded to the CME daily chart for the Bitcoin price. He noted that there is a daily retest of the 200-day moving average (MA) and that the CME gap between $77,000 and $80,000 has been filled, indicating there is no reason for BTC to drop that low again. Meanwhile, the crypto analyst added that BTC is currently above the 2022 and 2024 top support line. 

BTC Roadmap Moving Forward

As part of his analysis, Madden also provided a roadmap and future outlook for the Bitcoin price. His accompanying chart showed that the flagship crypto could top at around $125,000 in this market cycle. Based on the chart, BTC will reach this price target by year end. Crypto expert Willy Woo also once suggested that Bitcoin could reach this target, as he described it as conservative. 

The chart also showed that the Bitcoin price could enter into a bear market by 2026, dropping from the projected peak of $125,000 to as low as $40,000. This price drop to $40,000 could happen before 2026 ends. 

In the meantime, the bullish reversal for the Bitcoin price is the major focus of market participants. Crypto analyst Ali Martinez stated that BTC is breaking out. He added that the target is $90,000 as long as the $84,000 support holds. 

Crypto whales are already positioning themselves for the potential reversal of the Bitcoin price to $90,000. Martinez revealed that these whales have bought over 20,000 BTC in the last 48 hours. 

At the time of writing, the Bitcoin price is trading at around $84,500, up over 3% in the last 24 hours, according to data from CoinMarketCap. 

Featured image from Pexels, chart from TradingView

Ethereum Must Reclaim $2,050 To Start A Recovery Rally – Insights

Ethereum (ETH) is now trading below the crucial $2,000 mark, struggling to find momentum after days of selling pressure and consolidation around $1,900. The broader crypto market remains under heavy bearish control, and ETH has lost over 57% of its value, making it increasingly difficult for bulls to stage a recovery.

With Ethereum now below a multi-year support level, this zone could flip into strong resistance, further complicating any potential rebound. The market is in a highly volatile phase, and traders are watching closely for signs of strength or further downside risks.

On-chain data highlights two key price levels for Ethereum’s immediate trajectory. $1,870 currently serves as its critical support; meanwhile, $2,050 is now its most challenging resistance, acting as a major barrier that ETH must reclaim to confirm a trend reversal.

For now, Ethereum remains vulnerable, with uncertainty driving price action. If bulls fail to defend current support, ETH could see further declines, but a successful reclaim of resistance could spark renewed confidence in the market. The next few days will be crucial in determining ETH’s short-term direction.

Ethereum Faces Critical Test As Bulls Struggle To Reclaim $2,000

Ethereum is at a crucial turning point, trading near its lowest level since October 2023 as bears maintain control. After weeks of selling pressure and uncertainty, bulls must reclaim the $2,000 mark as soon as possible to prevent further downside and restore market confidence.

The broader macroeconomic landscape remains uncertain, with trade war fears and global financial instability weighing heavily on both crypto and US stock markets. These factors have set the stage for a potential deeper correction, leaving investors on edge. However, some analysts believe a market recovery is still possible in the coming months, particularly if Ethereum can regain key resistance levels.

Top analyst Ali Martinez recently shared on-chain metrics, identifying $1,870 as Ethereum’s strongest support level. This means that if ETH breaks below this zone, a further decline could be imminent. On the upside, $2,050 is now Ethereum’s most challenging resistance, acting as a crucial barrier that bulls must overcome.

Ethereum In/Out of the Money Around Price | Source: Ali Martinez on X

If Ethereum successfully reclaims $2,050, it will signal a strong trend reversal, potentially setting the stage for a powerful recovery rally. The next few trading sessions will be critical, as ETH must either hold its ground or risk further downside, with investors closely monitoring price action.

ETH Bulls Must Hold Above $1,900

Ethereum is currently trading at $1,920, following days of consolidation below the crucial $2,000 level. Despite attempts to push higher, bulls have struggled to reclaim lost ground, leaving ETH in a vulnerable position.

ETH consolidating below $2,000 | Source: ETHUSDT chart on TradingView

To confirm a recovery, ETH must break above the $2,000 mark and push beyond the 4-hour 200-moving average (MA) and exponential moving average (EMA) around $2,400. A successful reclaim of these levels would signal renewed buying momentum, potentially setting the stage for a strong rally toward higher resistance zones.

However, if Ethereum fails to reclaim these levels, selling pressure could intensify, driving ETH toward lower demand zones around $1,750. A breakdown below this level would put even more pressure on bulls, potentially leading to further downside and extended bearish sentiment.

With market conditions still fragile, ETH’s short-term direction remains uncertain. Bulls must step in soon to defend key levels, or Ethereum risks losing further ground, making a quick recovery much more difficult. The next few days will be crucial, as ETH traders watch for a breakout or further downside movement in response to broader market trends.

Featured image from DALL-E, chart from TradingView

Uber angel investor stirs Bitcoin debate with 'build a better Bitcoin' remark

Uber angel investor stirs Bitcoin debate with 'build a better Bitcoin' remark

A technology investor who backed ridesharing app Uber in its early days has sparked backlash from the Bitcoin community after claiming Bitcoin will inevitably be replaced by something better.

“Bitcoin has been a wonderful game, but with a couple giant players cornering the market, the timing is right to “build a better Bitcoin” — restarting the game,” prominent angel investor and internet entrepreneur Jason Calacanis told his 981,600 X followers on March 15.

Calacanis, an early investor in Bitcoin-related companies like online trading platform Robinhood and Bitcoin startup Keza, said, “All technology gets replaced over time… and Bitcoin will be no different.”

Opportunity presents for Bitcoin layer-2 projects

Bitcoin (BTC) co-founders and executives were quick to push back, arguing that Bitcoin will not be replaced, though there’s still room for a dominant layer-2 protocol to emerge on top of the Bitcoin network.

Technology

Source: Pierre Rochard

Swan Bitcoin co-founder Brady Swenson said, “Winning protocols don’t get replaced; they are built upon.” 

“Bitcoin will never be replaced as a protocol for value transfer. The race is still on for the winning second layer protocol,” Swenson said.

Swan’s other co-founder, Cory Klippsten, said, “Bitcoin is a technological revolution changing all industries, not following the adoption curve of a single technology like an iPad.”

Technology

Source: Jason Lowery

Echoing a similar sentiment, Lightspark CEO David Markus said, “What it lacks in functionality can be built on L2s.” 

“Trying to build a better Bitcoin is a fool’s errand.”

Meanwhile, ShapeShift CEO Eric Voorhees said Bitcoin’s limitations can be solved “on other chains.”

The bigger Bitcoin grows, the “less likely” it is to be replaced

Many in the industry have emphasized the importance of layer-2s for Bitcoin, as they provide use cases that the Bitcoin network cannot support, such as deploying smart contracts.

However, Muneeb Ali, co-founder of Stacks, recently told Cointelegraph that more than two-thirds of existing Bitcoin layer-2 projects will not exist within three years as their initial excitement will fade.

Technology

Source: Gastón Silva

Bitcoin advocate Wayne Vaughan said people wrongly assume Bitcoin is easily replaceable because they see it as just an asset, application, or platform.

“I think of Bitcoin as a network. The larger the network gets, the less likely it is for something else to replace it,” Vaughan said in a March 15 X post. 

Related: Strategy’s Bitcoin stash still up over $7B despite market downturn

Strive Funds CEO Matt Cole said, “There will not be a “better” Bitcoin. I do think we will get occasional alt seasons of ever diminishing strength that will continue to make insiders money. Most people will end up with less Bitcoin by going to that casino.” 

This is not the first time that Calacanis’ comments have caused debate in the crypto industry.

In June 2020, Calacanis said that nearly all of the crypto projects around the world are under the control of “unqualified idiots” or “grifters” with below-average skills.

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Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details

The Ethereum (ETH) market has experienced some recent good fortunes rising by over 5% in the past 24 hours. Despite this price gain, the prominent altcoin remains in a downtrend as indicated by its 11.17% loss in the past week.  However, prominent analytics platform Glassnode has discovered an important price level that could offer some short-term support.

Investors Boost Accumulation By 300,000 ETH At This Price Region – What Could It Mean?

In an X post on March 14, Glassnode provided an intriguing analysis of the ETH market highlighting a potential strong support level. Based on the Cost Basis Distribution (CBD) metric, these analysts believe ETH is likely to hit a major support zone at the $1,886 price level in the case of a further price decline.

In the crypto market, CBD represents a crucial on-chain metric that tracks the price levels at which tokens were last sold or bought. When a significant number of coins is acquired within a specific price range, that zone often serves as a support or resistance level.

Image

According to Glassnode, Ethereum’s CBD data shows that investors’ supply at $1,886 has grown from 1.6 million ETH to 1.9 million ETH indicating the acquisition of an additional 300,000 ETH when price last reached this level. This development postulates that a significant portion of investors view $1,886 as a crucial price point and are likely to increase their holdings in this region to prevent any further decline thus creating a viable support zone.

Glassnode notes that this postulation aligns with insights from its custom capitulation metric design to capture price capitulation events leveraging the use of weighted sell volumes and non-linear economic pain experienced by investors. However, it’s worth noting that the $1,886 price level can only offer short-term support suggesting a likely price capitulation in the presence of overwhelming selling pressure.

Ethereum Price Overview 

At the time of writing, Ethereum trades at $1,924 following a 5% gain on the last day as previously stated. Meanwhile, the market’s daily trading volume is down by 29.29% and valued at $12.91 billion. Interestingly, the Relative Strength Index metric suggests Ethereum could soon enter the oversold region and potentially experience a price reversal.

However, ETH bulls are confronted with multiple resistance zones at $2,249, $2,539, and $2,829 if they are to pull off any significant rebound and halt the current downtrend. On the other hand, any decisive price fall below $1,886 could lead to lower levels Such as $1,650 and $1,132.

Ethereum

Ethereum Price Nears Critical 100-Day SMA – Will It Break Through?

Ethereum (ETH) has been on a slow and steady upward trajectory, inching closer to a crucial technical indicator: the 100-day Simple Moving Average (SMA). This level is more than just a line on a chart—it’s a key battleground for bulls and bears, often dictating the next major move. As ETH approaches this critical resistance, speculations on whether this could catalyze a sustained rally or a stumbling block that triggers a pullback arise.

The 100-day SMA is a widely followed indicator that reflects the medium-term trend, and its significance cannot be overstated. For Ethereum, breaking above this level could reignite bullish sentiment, paving the way for higher price targets. On the flip side, a rejection might lead to further consolidation or even a retest of lower support levels

Ethereum Price Struggles: Can Bulls Gain Momentum?

Ethereum has been facing a tough battle as it slowly climbs toward the 100-day SMA. Despite attempts at recovery, the price has struggled to gain strong upside movement, with resistance levels capping its moves. Buyers have shown interest at key support zones, preventing further declines, but a lack of sustained volume and conviction has kept ETH from breaking higher.

The MACD indicator hints at a potential momentum shift in Ethereum’s price action. While the MACD and signal lines have crossed and are approaching the zero line, a confirmed bullish crossover is still lacking. Additionally, the narrowing histogram suggests a transition from bearish to neutral or bullish, but further confirmation is needed for a sustained upward move.

Ethereum

For Ethereum to sustain a bullish move, the MACD line and signal line need to rise above average, accompanied by expanding histogram bars in the positive zone. If this occurs, it could strengthen upward momentum. However, failure to achieve a breakout leaves Ethereum vulnerable to consolidation or a downside move.

What A Successful Breakout Means

A breakout above the 100-day SMA would serve as a strong bullish confirmation for Ethereum, signaling renewed upward momentum and shifting market sentiment in favor of buyers. This move would suggest that Ethereum has overcome a key technical barrier, potentially attracting more investors and traders looking to capitalize on the uptrend.

Ethereum could set its sights on the $2,160 resistance level if the breakout is sustained with increased volume and strong follow-through. A successful push above this level may increase the likelihood of more price appreciation toward other resistance levels, such as $2,858 and $3,360. 

However, if Ethereum fails to achieve a breakout above the key resistance level, it could face renewed selling pressure, leading to a fresh decline toward the $1,523 support zone. This level has historically acted as a key demand area, where buyers might attempt to prevent further downside.

Ethereum

Bitcoin’s Cup And Handle Pattern Signals Explosive Move To $186,000 — Analyst

Popular market analyst Egrag Crypto has dropped a Bitcoin price prediction due to the recent formation of a highly bullish chart pattern. The maiden cryptocurrency currently trades above $84,000 following its minor recovery in the latter part of last week. However, the continuity of the current bull run remains uncertain barring a sustained uptrend.

Bitcoin’s Bullish Chart Pattern Hints At Major Price Surge

In an X post on March 14, Egrag Crypto states the BTC market may be preparing for a major price breakout. According to the technical analysis shared by the trading expert, Bitcoin has formed a Cup and Handle pattern hinting a major bullish move is on the horizon.

For context, the Cup and Handle pattern represents a textbook bullish formation that occurs when an asset experiences a rounded bottom i.e. the cup followed by a slight pullback i.e. the handle before a breakout to new highs. This is well illustrated in the weekly chart below following BTC’s price action in the past two years.

Bitcoin

According to Egrag Crypto, the premier cryptocurrency is on the verge of a breakout with multiple potential price targets in sight. The non-logarithmic target presents a conservative possible price peak of $113,000. Meanwhile, the logarithmic scale which accounts for historical exponential gains points to a price target of $260,000.

Taking an average of both methods, Egrag Crypto has picked a personal target of $186,000. The analyst also favors a potential price peak at $175,000 as indicated by the Fibonacci extension level of 1.618 which has historically acted as a reliable cycle top indicator. However, while this analysis presents a robust bullish prediction, Bitcoin must first experience a pullback to around $65,000 to initiate this price surge.

Bitcoin Network Fees Drop By 24%

In other news, IntoThe Block reports that Bitcoin network fees have decreased by 24.4% reaching $2.5 million which was last reported in September 2024. The analytics firm notes that this decline has occurred despite significant market changes which saw Bitcoin slip to $77,000 before rising to reclaim the $85,000 price level.

Amidst Bitcoin’s larger struggles, IntoTheBlock also reports that exchange inflows grew by $840 million suggesting a weakening market confidence as investors move to sell their assets.

At press time, the crypto market leader is valued at $84,545 reflecting a 3.12% gain in the past day. However, reported losses of 1.76% and 13.11% in the past seven and 30 days indicate a dominant bearish influence in recent weeks.

Bitcoin

Bitcoin Price Breaking Out Of This Pattern — Can BTC Reclaim $90,000?

The Bitcoin price has shown good signs of recovery over the past few days, briefly returning above the $85,000 level to kickstart the weekend. While BTC’s price has often floundered towards the end of the week in 2025, the premier cryptocurrency would be hoping to have a different journey over the next few days.

Is $90,000 The Next Stop For Bitcoin Price? 

Fortunately, the future seems bright for the world’s largest cryptocurrency after crypto analyst Ali Martinez took to the X platform to share an exciting bullish prognosis for the Bitcoin price. According to the trader, the price of BTC could be on its way to the psychological $90,000 level.

The rationale behind this positive prediction is the appearance of an ascending triangle pattern on the 1-hour timeframe of the Bitcoin chart. The ascending triangle is a pattern in technical price analysis featuring an inverse right-angled triangle with a horizontal upper boundary (connecting a series of lower highs) and a diagonal rising lower trendline (connecting the swing lows).

An ascending triangle formation is usually considered a bullish chart pattern, indicating the continuation of the original upward trend. However, an ascending triangle formation can also serve as a trend reversal pattern and a bearish signal — when the asset’s price breaks down the lower trendline and in the opposite direction of the initial uptrend.

Bitcoin price

As observed in the highlighted chart, the Bitcoin price seems to be breaking out of the triangle pattern through the horizontal upper trendline around $84,000.

In his post, Martinez noted that a convincing and sustained close above this level the premier cryptocurrency could make a play for the psychological $90,000 level. The price target for an ascending triangle pattern is determined by adding the vertical distance between the horizontal and rising trendlines to the breakout point. 

A Bitcoin price leap to $90,000 would represent an almost 7% move from the current price point. As of this writing, the flagship cryptocurrency is valued at around $84,400, reflecting an almost 5% price surge in the past 24 hours.

Can Rising Whale Activity Push BTC Price Up?

If the Bitcoin price is going to reclaim the $90,000 level, it’s going to need all the buying pressure it can get from investors. Interestingly, the largest class of BTC investors (whales) seem to already be in the party, continuously loading their bags over the past few days.

Bitcoin price

In a separate post on X, Martinez disclosed that whales that own between 1,000 and 10,000 coins have added to their holdings in recent days. Data from Santiment shows this class of whales has acquired 20,000 BTC in the last 24 hours.

This high buying activity from Bitcoin whales could offer BTC’s price the necessary bullish impetus to move to $90,000.

Bitcoin price

Kaito AI and founder Yu Hu's X social media accounts hacked

Kaito AI and founder Yu Hu's X social media accounts hacked

Kaito AI, an artificial intelligence-powered platform that aggregates crypto data to provide market analysis for users, and its founder Yu Hu, were the victims of an X social media hack on March 15.

In several now-deleted posts, hackers claimed that the Kaito wallets were compromised and advised users that their funds were not safe.

According to DeFi Warhol, the hackers opened up a short position on KAITO tokens before posting the messages in the hopes that users would sell or pull their funds, which would have crashed the price and created profits for the threat actors.

Cybercrime, Cybersecurity, Scams, Hacks

The price of the KAITO token dips, presumably due to a short position. Source: CoinMarketCap

The Kaito AI team regained access to the accounts and reassured users that Kaito token wallets were not compromised in the social media exploit.

“We had high-standard security measures in place to prevent [the hack] — so it seems to be similar or the same as other recent Twitter account hacks,” the Kaito AI team added.

This recent exploit is the latest in a growing list of social media hacks, social engineering scams, and cybersecurity incidents plaguing the crypto industry.

Cybercrime, Cybersecurity, Scams, Hacks

Source: Kaito AI

Related: Kaito AI token defies influencer selling pressure with 50% price rally

Vigilance is key: some of the latest scams and exploits to impact crypto

Pump.fun’s X account was hacked on Feb. 26 by a threat actor promoting several fake tokens, including a fraudulent governance token for the fair launch platform called “Pump.”

According to onchain sleuth ZackXBT, the Pump.fun incident was directly connected to the Jupiter DAO account hack and the DogWifCoin X account compromise.

On March 7, The Alberta Securities Commission, a Canadian financial regulator, warned the public that malicious actors were using fake news articles and fake endorsements featuring the likeness of Canadian politicians to promote a crypto scam.

The scam, known as CanCap, played on fears of a trade war between Canada and the US to lure unsuspecting victims into investing in the project, which the scammers claimed had the support of Canadian leader Justin Trudeau.

Cybercrime, Cybersecurity, Scams, Hacks

An example of a Lazarus social engineering scam where the hackers pretend to be venture capitalists experiencing audio-visual issues. Source: Nick Bax

Crypto executives are also sounding the alarm on a new scam from the state-sponsored Lazarus hacker group, where the hackers pose as venture capitalists in a Zoom meeting.

Once the target is in the meeting room, the hackers would claim they were experiencing audio-visual issues and redirect the victim to a malicious chat room where the user is encouraged to download a patch.

The patch contains malicious software designed to steal crypto private keys and other sensitive information from the victim’s computer.

Magazine: Lazarus Group’s favorite exploit revealed — Crypto hacks analysis

XRP Price To $110? Bollinger Bands Creator Reveals Why It Will Become A Market Leader

The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space. 

Analyst Predicts New XRP Price Target To $110

In a rather lengthy X (formerly Twitter) post, market expert Egrag Crypto went deep into his analysis for the XRP price, basing his predictions on its Elliott Wave structure. The crypto analyst confidently forecasted that XRP was heading towards a new $110 ATH. This bullish target would represent a whopping 3,974% increase from its current market value.

Firstly, Egrag Crypto outlines XRP’s five-wave structure, underscoring that each wave could push the cryptocurrency to a new target. The analyst reveals that XRP is currently in Wave 2 of its Elliott Wave structure and is closely approaching Wave 3, which is expected to trigger the most explosive increase.

In Wave 1, XRP saw an impressive 733% increase to new highs. However, in its current Wave 2, Egrag Crypto highlights that its 2017 fractal appears more profound. With the formation of a Double Bottom pattern, the analyst has predicted a potential price breakdown for the cryptocurrency. 

XRP

Egrag Crypto further forecasts that Wave 3 will trigger a reversal and cause the price to skyrocket by 1,185%. This massive price increase would effectively place the XRP price at a potential target between $22 and $24. For a more conservative target, the analyst estimates a surge of around $22 to $24. 

For Wave 4, Egrag Crypto predicts another major retracement similar to Wave 2. However, this time, the analyst believes XRP could decline by either 14.6%, 23.6%, or 38.2% from Wave 3’s price high. This correction would mark a 65% drop from Wave 3’s peak, bringing the cryptocurrency’s price down to $8. He also highlights a worse-case bearish scenario where XRP crashes as low as $3.4. 

Notably, Egrag Crypto shares three potential bullish targets for Wave 5, the final part of the Elliott Wave Structure. He forecasts that the altcoin could surge between $32 to $48, $60 to $70, or $95 to $110. The analyst has based his optimistic forecast on past cycle trends, where 2017 saw a major price rally for XRP. 

Bollinger Bands Creator Says The Asset To Become Leader

In other news, Bollinger, the creator of the renowned Bollinger Band technical analysis tool, has highlighted XRP in his latest post, questioning whether it could take a leading role in the crypto market. The technical analyst asserts that Ripple has held up better than other primary crypto vehicles.

Considering its legal battles with the US SEC and present regulatory challenges, Ripple continues to remain resilient, aiming to gain clarity during the final stages of the five-year-long lawsuit. Meanwhile, the XRP price, which is currently trading at $2.4, has experienced a recent uptick, increasing by almost 4% in the last day, according to CoinMarketCap.

XRP

Chainlink Price Shows Signs Of Recovery — Why $15 Is The Level To Watch

The Chainlink price has had its fair share of the early-2025 struggles, falling to a new low just above the $12 level earlier this week. The altcoin has had to contend with the widespread bearish pressure and worsening investor sentiment in the general crypto market.

Chainlink Price Overview

On Tuesday, March 11, the Chainlink price succumbed to the market-wide downward pressure that saw the largest cryptocurrency Bitcoin hit $77,000 for the first time in over four months. Other large-cap assets also suffered in this recent market downturn, with the price of Ethereum also dropping beneath $2,000.

The price of Chainlink appears to be recovering well in the past few days, making a play for $15 on Friday, March 14. In a show of strong resurgence, the altcoin ranked as one of the best daily gainers with an almost 10% positive performance on the day.

After initially crossing $14.5 earlier in the day, the Chainlink price has returned to below the psychological $14 level. As of this writing, the price of LINK stands at around $13.83, reflecting an almost 6% increase in the past 24 hours.

This single-day performance, however, was not enough to wipe off the altcoin’s loss on the weekly timeframe. According to data from CoinGecko, the LINK price is down by more than 13% in the past seven days.

Can LINK Price Climb To $16?

While the fortunes of the Chainlink price do appear to be changing, a particular price level might be crucial to its long-term trajectory. In a post on X, popular crypto analyst Ali Martinez offered insights into crucial on-chain levels for the LINK price.

This analysis revolves around the average cost basis of several LINK investors. In cost-basis analysis, the capacity of a level to serve as support or resistance depends on the total amount of coins last purchased by investors in the region. 

Chainlink Price

As seen in the chart above, the size of the dot represents and directly corresponds to the number of LINK tokens acquired within a price bracket — while reflecting the strength of each level. Based on this analysis, Martinez noted that the Chainlink price faces major resistance around the $14.88 – $15 region where 15,450 investors bought 107.28 million LINK tokens (worth $1.62 billion at an average price of $15.13).

The high investor activity has led to the formation of a supply barrier around the $15.13 region. The Chainlink price is likely to witness significant selling pressure due to investors wanting to sell their tokens after returning to their cost basis, thereby hindering further price increases and leading to price pullback.

However, it is worth noting that no significant resistance levels lie beyond this $15.13 price region. Hence, investors could see the price of LINK climb to as high as $16 should it successfully breach the $15 resistance level.

Chainlink price

TON Society celebrates Pavel Durov leaving France as free speech win

TON Society celebrates Pavel Durov leaving France as free speech win

The Open Network (TON) Society released a statement on March 15 celebrating the return of Pavel Durov’s passport as a win for freedom of speech, online privacy, and innovation.

According to the AFP news agency, Durov left France and headed to Dubai on the morning of March 15 after gaining permission from French officials to depart the European country.

“We have stood behind Pavel since his arrest on August 24, 2024,” the TON Society wrote. The group added:

“Pavel’s unwavering commitment to freedom of speech and transparency, despite facing the most challenging of circumstances, is a powerful reminder of the importance of standing by your principles, even when it is politically and personally detrimental to do so.”

The TON Society previously penned a letter condemning the French government for detaining Durov and urging the country to release the Telegram founder.

France, Telegram, Pavel Durov, TON

The TON Society celebrates the return of Durov’s passport by French law enforcement officials. Source: TON Society

“The arrest of the Telegram founder, Pavel Durov, is a direct assault on a basic human right — the freedom of expression of everyone,” the TON Society’s Aug. 27 letter read.

At the time, the organization also called on the United Nations, the Council of Europe (CoE), the Organization for Security and Cooperation in Europe (OSCE), and the European Union (EU) to intervene and push for Durov’s release.

Free speech advocates in the crypto industry sounded the alarm over Pavel Durov’s arrest, citing the troubling implications for privacy and decentralized technologies in the face of state pressure to censor the internet and the potential for regulatory capture.

Emmanuel Macron denies political motivation for Durov’s arrest

Shortly after French law enforcement officials detained the Telegram founder, President Emmanuel Macron denied the arrest was politically motivated and claimed that France was committed to free speech.

France, Telegram, Pavel Durov, TON

French President Emmanuel Macron denies the arrest of Pavel Durov was politically motivated. Source: Emmanuel Macron

In a subsequent press conference, Macron also denied inviting Durov to France amid a torrent of backlash from the crypto community and free speech advocates.

Chris Pavlovski, the CEO of the free-speech video platform Rumble, announced that he safely departed Europe shortly following the detention of Pavel Durov.

In an Aug. 25 X post, the CEO said that the French government threatened Rumble and condemned state authorities for the crackdown on free speech.

Magazine: Did Telegram’s Pavel Durov commit a crime? Crypto lawyers weigh in

21Shares to Liquidate Two Bitcoin and Ether Futures ETFs Amid Market Downturn

Crypto asset manager 21Shares is set to liquidate two actively managed exchange-traded funds (ETFs) tied to bitcoin and ether futures amid a wider market downturn.

The funds slated for liquidation are the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). Investors can trade shares until the market closes on March 27, with liquidation expected to take place “on or around March 28,” according to a press release.

The actively managed ETFs, which have an expense ratio of 1% and 0.93%, respectively, are set to be liquidated as U.S.-listed spot bitcoin ETFs saw over $1.66 billion in outflows so far this month. The outflows come as cryptocurrency prices plunge. Bitcoin is down more than 12.8% year-to-date, while the broader CoinDesk 20 Index (CD20) has lost around 24% of its value over the same period.

Shareholders who hold onto their shares until the liquidation date will receive payouts equal to their portion of the fund’s net asset value, the document adds.
Read more: Bitcoin Price Drop to $80K: Crypto Market Analysis, ETF & Trump Impact

Best New Presales to Buy as Bullish Bitcoin Signal Promises Upcoming Bull Run

Bitcoin’s recent performance has sent shockwaves through the crypto market, with retail investors who bought the token at its peak particularly bearing the brunt of this downward push.

However, as we’ve mentioned time and time again, corrections in the market – any market – are healthy.

Even better, we’ve noticed a rare bullish signal in Bitcoin. Spoiler alert: it’s one of the strongest (because it’s pretty much worked every single time) technical patterns as far as $BTC is concerned.

US Dollar Strength Index (DXY) Hints at Bitcoin Reversal

First things first, it’s important to understand that Bitcoin has an inverse correlation with the US Dollar Strength Index (DXY).

Simply put, Bitcoin’s price increases whenever DXY is sloping downwards and vice versa.

The DXY decreased by over 3.4% in a single week recently. Such a rapid fall in the DXY has only occurred thrice before, and each of those instances saw $BTC shed its sluggishness and rally violently to new highs.

To further understand just how prominent this bullish signal is, let’s take an in-depth look at what happened in the past – seeing as in the markets, past action is a strong predictor of future prices.

BTC vs DXY

  1. In 2015, DXY fell sharply, and Bitcoin climbed by over 200% in just a few months.
  2. The first few months of 2020 saw the exact same thing unfold, i.e., DXY sloped downwards and BTC sloped upwards simultaneously.
  3. The latest and greatest instance was during the 2022 bear market recovery, when a decline in DXY was followed by a long-drawn consolidation in $BTC – and then a sharp move upwards.

Bitcoin’s Chart Also Screams Bullishness

In addition to an inverse relationship with DXY, Bitcoin’s chart is also showing a handful of positive signs.

On the weekly chart, $BTC is taking support on the 50 EMA (Exponential Moving Average). Furthermore, it has formed a pretty neat hammer candle, which is a classic buy signal.

On the 4-hour and 1-hour timeframes, Bitcoin is hovering over the 10 & 20 EMAs, which are both sloping upwards. This is a strong indicator of an upcoming price explosion towards the upside.

If you’re looking to make the most of the forthcoming Bitcoin (and crypto) rally, here are the best new presales to buy. Since these are tokens that haven’t yet been listed, you can grab them for astonishingly cheap prices.

1. BTC Bull Token ($BTCBULL) – Best New Presale to Buy to Get Behind Bitcoin’s Growth

With Bitcoin finally showing some serious intentions to rally upwards, it’s worth backing a project like BTC Bull Token ($BTCBULL).

It is, after all, a meme coin that can help you maximize your earnings from Bitcoin’s growth. Here’s how:

  • As a token holder, you’ll receive free $BTC via airdrops. Just make sure you buy and hold $BTCBULL in Best Wallet.
  • Secondly, because these $BTC airdrops are slated to take place every time Bitcoin reaches a new milestone ($150K, $200K, $250K, and so on), the price of the $BTCBULL token, too, will rise by leaps and bounds.

BTC Bull Token ($BTCBULL)

Also, given that BTC Bull Token works on meme coin fundamentals, it’s expected to generate better returns than Bitcoin.

Expert BTC Bull Token price predictions suggest the token could reach $0.0084 by the end of 2025.

That’s a nearly 3.5x return on your investment – provided that you get in now when the token is in presale ($3.6M+ raised) and available at some of its lowest ever prices. 1 $BTCBULL is currently selling for just $0.00241.

2. Solaxy ($SOLX) – First-Ever Solana Layer-2 Currently in Presale

Bitcoin might be the biggest cryptocurrency out there, but blockchain networks like Solana have occupied a significant place in the crypto economy, too.

And with Bitcoin to pull the entire crypto market along with it, an altcoin with real utility like Solaxy ($SOLX) is in a pole position to skyrocket.

Solaxy will build the first-ever Layer 2 scaling protocol on Solana. It will provide a much-needed boost to the Solana network, which has recently been struggling with scalability issues and failed transactions.

Solaxy ($SOLX)

Essentially, the abundance of meme coin launches in the last few months has overwhelmed Solana, and its mainnet is in dire need of some relief.

Solaxy will do so by processing transactions away from the network’s primary chain, i.e., on a sidechain.

Additionally, since it’s a multi-chain token (works on both Ethereum and Solana), it will leverage Ethereum’s liquidity while providing the same top-notch security and affordability that Solana is known for.

It’s also among the hottest presales of 2025, having already amassed over $26.4M. You can join the hype by shelling out just $0.001664 per token.

Check out our guide on how to buy Solaxy for more info.

3. Bitcoin Pepe ($BPEP) – Fascinating New Project Aiming to Create Bitcoin L2

Bitcoin Pepe calls itself the ‘World’s ONLY Bitcoin Meme ICO.’

Although we still believe BTC Bull Token to be the king of all Bitcoin meme coins, it’s worth noting that $BPEP, unlike $BTCBULL, is actually based on the Bitcoin blockchain.

Bitcoin Pepe ($BPEP)

$BPEP’s aim is simple. It wants to combine Bitcoin’s class-leading liquidity and security with Solana’s speed and low fees and use that to create a meme layer-2 network on Bitcoin.

By becoming a hub for meme coin activities within the Bitcoin ecosystem, Bitcoin Pepe plans to kickstart a new era of DeFi and meme coin trading on the world’s most popular blockchain.

The project, which is currently in its presale, has witnessed significant investor interest.

It has managed to raise a whopping $4.8M so far, and you can currently buy one token for an extremely low price of $0.0281.

Bottom Line

To conclude, Bitcoin has by no means fallen out of favor in the market.

With a rare and extremely strong buy signal in DXY divergence and several other technical analysis confluences in play, the OG crypto is highly likely to start an upmove sooner rather than later.

Although $BTC itself as well as the other top cryptos mentioned in this guide can easily make you a crypto millionaire in 2025, it’s important to not go into overdrive.

That means only investing a sum that’s small enough for you and doing your own research before diving in. Remember, none of the above is a substitute for professional financial advice.