Bitcoin’s impressive rebound this week signals potential growth for altcoins like SUI, AVAX, TRUMP, and TAO, as market sentiment tilts bullish. With BTC’s performance suggesting a broader revival in cryptocurrency
Key points: Bitcoin booked a 10% gain in the past week and technical indicators remain bullish going into a new week. Analysts expect Bitcoin to gain an additional 40% by the end of the year Select altcoins are showing a positive bias on improving crypto sentiment. Bitcoin ( BTC ) rose more than 10% this week as buyers made a strong comeback, pushing the price to the overhead resistance at $95,000. Although buyers are struggling to clear the overhead hurdle, a positive sign is that they have not given up much ground to the bears. The sharp up move is backed by solid buying in the US spot Bitcoin exchange-traded funds (ETFs), which witnessed inflows of $3.06 billion , according to Farside Investors data. Bloomberg ETF analyst Eric Balchunas said in a post on X that it was really notable to see “HOW FAST the flows can go from 1st gear to 5th gear.” Crypto market data daily view. Source: Coin360 After Bitcoin’s recovery, 21st Capital co-founder Sina said in a post on X that Bitcoin reclaimed the power-law price. Sina’s Bitcoin Quantile Model projects Bitcoin to reach between $130,000 and $163,000 before the end of 2025. Anonymous Bitcoin analyst apsk32 had an even bigger target of more than $200,000 for Bitcoin in Q4 of this year. Could Bitcoin maintain its momentum and rise above the overhead resistance? Let’s study the charts of the cryptocurrencies that look strong in the near term. Bitcoin price prediction Bitcoin has been witnessing a tough battle between the bulls and the bears near the crucial $95,000 level. BTC/USDT daily chart. Source: Cointelegraph/TradingView The upsloping 20-day exponential moving average ($88,619) and the relative strength index (RSI) near the overbought zone indicate that bulls are in command. A close above $95,000 could propel the BTC/USDT pair to $100,000 and eventually to $107,000. Sellers are expected to aggressively defend the zone between $107,000 and $109,588. The 20-day EMA is the critical near-term support to watch out for because a break below it brings the large $95,000 to $73,777 range into play. BTC/USDT 4-hour chart. Source: Cointelegraph/TradingView The 4-hour chart shows the bears are fiercely defending the $95,000 level but are struggling to sink the pair below the 20-EMA. If the price rebounds off the 20-EMA, it enhances the prospects of a break above $95,000. The pair could then surge to $100,000. Instead, if the price maintains below the 20-EMA, the pair could tumble to the 50-simple moving average. This is an important level for the bulls to defend because a break below it could pull the pair to $86,000. Sui price prediction Sui ( SUI ) has been facing resistance near $3.90, but the shallow pullback suggests that the bulls are in no hurry to dump their positions. SUI/USDT daily chart. Source: Cointelegraph/TradingView If the price stays above the 38.2% Fibonacci retracement level of $3.14, the bulls will make another attempt to shove the SUI/USDT pair above $3.90. If they can pull it off, the pair may skyrocket to $4.25 and then to $5. Contrary to this assumption, if the price turns down and breaks below $3.14, it signals the start of a deeper correction toward the 50% retracement level of $2.94. Buyers are expected to fiercely defend the zone between $2.94 and the 20-day EMA ($2.69). SUI/USDT 4-hour chart. Source: Cointelegraph/TradingView The 4-hour chart shows that the pair is finding support at the 20-EMA, but the sellers are active at higher levels. The bears will again attempt to sink the pair below the 20-EMA. If they succeed, the pair could slump to $3.14. Buyers will have to swiftly push the price above the $3.81 to $3.90 overhead resistance zone if they want to retain the advantage. If they do that, the pair could start the next leg of the up move to $4.25. Avalanche price prediction Avalanche ( AVAX ) has been range-bound between $23.50 and $15.27 for the past few days. In a range, traders usually buy near the support and sell close to the resistance. AVAX/USDT daily chart. Source: Cointelegraph/TradingView Although buyers have failed to push the price above $23.50, a positive sign is that they have not ceded much ground to the bears. That increases the likelihood of a break above $23.50. If that happens, the AVAX/USDT pair will complete a double-bottom pattern, which has a target objective of $31.73. This optimistic view will be negated in the near term if the price turns down and breaks below the moving averages. The pair may then remain stuck inside the range for a few more days. AVAX/USDT 4-hour chart. Source: Cointelegraph/TradingView The pair has been consolidating in a narrow range between $21.60 and $23.10 for some time. That suggests the bulls are holding on to their positions as they anticipate another leg higher. If buyers propel the price above $23.10, the pair could surge to $25. There is resistance at $23.50, but it is likely to be crossed. Alternatively, a drop below $21.60 signals that the bulls have given up. That may pull the price down to $19.50. Related: Bitcoin trades at ‘40% discount’ as spot BTC ETF buying soars to $3B in one week Official Trump price prediction Official Trump (TRUMP) surged above the $12.45 resistance on April 23 and held the retest of the breakout level on April 24. TRUMP/USDT daily chart. Source: Cointelegraph/TradingView A rally above $16 is attracting sellers, but a shallow pullback suggests that every minor dip is being purchased. If buyers drive the price above $16, the TRUMP/USDT pair may reach $17.69, where the bears are expected to mount a strong defense. However, if buyers bulldoze their way through, the pair could skyrocket to $19.60 and then to $22.40. Conversely, a deeper pullback suggests that the short-term bulls are booking profits. The zone between $11.56 and $12.45 is expected to act as a solid support. If the price rebounds off the support zone, the pair may swing between $11.56 and $16 for some time. Selling could accelerate if the pair breaks below the 20-day EMA ($10.73). TRUMP/USDT 4-hour chart. Source: Cointelegraph/TradingView The pair turned down from $16 but is finding support near the 20-EMA on the 4-hour chart. That suggests the bulls are active at lower levels. Buyers will try to push the price above the $16 overhead resistance, starting the next leg of the uptrend. Contrarily, a break and close below the 20-EMA suggests that the bullish momentum has weakened. The pair may then slump to $14 and later to the solid support near $12. Sellers will be back in the driver’s seat on a drop below $11.50. Bittensor price prediction Bittensor ( TAO ) broke and closed above the downtrend line on April 20, suggesting that the bears are losing their grip. TAO/USDT daily chart. Source: Cointelegraph/TradingView The up move is facing resistance at $375, but the pullback is expected to find support at the 20-day EMA ($298). A solid bounce off the 20-day EMA signals a change in sentiment from selling on rallies to buying on dips. The bulls will then attempt to drive the TAO/USDT pair above $375. If they succeed, the next stop may be $495. Contrary to this assumption, if the price turns down and breaks below the downtrend line, it will indicate that the markets have rejected the breakout. The pair then risks falling to $222. TAO/USDT 4-hour chart. Source: Cointelegraph/TradingView The pullback is finding support at the 20-EMA on the 4-hour chart. Buyers will try to resume the up move by pushing the price above the $375 resistance. If they manage to do that, the pair could reach $425. Sellers are likely to have other plans. They will try to sink the price below the 20-EMA, opening the doors for a drop to the 50-SMA and later to the downtrend line. A break below the downtrend line tilts the advantage in favor of the bears. 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.
As Bitcoin’s supply dwindles, institutional players like Strategy are redefining market dynamics, impacting prices and investor access to this digital asset. The significant purchasing strategies employed by firms such as
Michael Saylor's Strategy is "synthetically halving Bitcoin" ( BTC ) by purchasing half or more of the newly minted supply from miners every single month, according to Adam Livingston, a BTC analyst and author of "The Bitcoin Age and The Great Harvest." Livingston said miners currently produce around 450 BTC per day or approximately 13,500 BTC per month, but Strategy acquired 379,800 BTC in the last six months. This translates to the firm purchasing roughly 2,087 BTC per day — far in excess of daily miner output. The author added: "When Bitcoin becomes this scarce, access to Bitcoin will require paying a premium. Lending against Bitcoin will cost more. Borrowing Bitcoin will become a luxury business reserved for nation-states and corporate whales, and Strategy will control the bottleneck." "BTC's global cost of capital will no longer be set by 'the market.' It will be set by the gravitational policies of the first Bitcoin superpower: Strategy," Livingston continued. The author's prediction of a Bitcoin supply crunch translates into much higher BTC prices if Strategy can continue its pace of BTC acquisitions while market demand for the supply-capped digital asset grows among institutional and retail investors. The Bitcoin miner reserve, a metric tracking the total amount of BTC held in miner wallets, continues to decline. Source: CryptoQuant Related: Michael Saylor hints at Bitcoin purchase as whales stack aggressively Institutions like Strategy are driving the world toward hyperbitcoinization Cypherpunk and Blockstream CEO Adam Back predicted that Strategy and other institutions that have adopted a Bitcoin corporate treasury plan will drive the market capitalization of BTC to $200 trillion . "Strategy and other treasury companies are an arbitrage of the dislocation between the Bitcoin future and today's fiat world," Back wrote in an April 26 X post . Critics of the company warn that the debt-based approach to BTC acquisition could sink Strategy financially if a prolonged BTC bear market takes effect and also warn of greater systemic risks to BTC from such a high concentration of the digital currency held by a single entity. An overview of Strategy’s Bitcoin investment performance. Source: Michael Saylor However, Bitcoin advocate and author Saifedean Ammous recently said that Strategy's concentration of BTC doesn't threaten the protocol . Ammous argued that institutions like BlackRock and Strategy holding high concentrations of BTC could not engineer a hard fork increasing Bitcoin's maximum supply, as it would massively devalue their holdings, which, at the end of the day, belong to shareholders with the power to divest. Magazine: Bitcoin in Senegal: Why is this African country using BTC?
Famous cryptocurrency analyst Michaël van de Poppe made important observations in his latest assessments of the altcoin market. Van de Poppe stated that altcoins are showing signs of recovery after a four-year historical bear market. According to the analyst, investor expectations have been seriously shaken over the past 3 months. However, current indicators show that the market is green. Van de Poppe said that many factors that move the markets come from outside the cryptocurrency sector. Van de Poppe stated that the increase in liquidity has a direct upward effect on Bitcoin. He said that as the money supply (M2) expands, the prices of rare assets like Bitcoin are expected to rise. The analyst stated that China has started quantitative easing (QE), Europe has lowered interest rates and the US is preparing to increase the money supply with interest rate cuts, and that these steps create a strong driving force for risky assets. Related News: SEC Approves Highly Anticipated XRP ETF - Price Reacts - Not Yet Approved Spot ETF on the Horizon Now According to Van de Poppe, the peak in gold in the short term and the increase in risk appetite create a positive environment for Bitcoin and altcoins. The analyst stated that Bitcoin is supported by developments such as ETF approval and Donald Trump becoming the US President, and that these factors create a new wave of liquidity. Van de Poppe, who said that gold has outperformed the S&P 500 by 20% since 2022, argued that despite this, the markets are now starting to lose their upward momentum in gold. He predicted that the next 12-18 months could offer a strong performance for risky assets. Van de Poppe stated that the CNH/USD (Chinese Yuan/US Dollar) parity has a decisive effect on the altcoin market. Past data shows that major rallies begin in altcoin markets when the CNH/USD parity bottoms. Recalling the examples of 2016 and 2019, the analyst pointed out that the yuan has bottomed after the sharp declines experienced recently. He claimed that this development could open the door to a new period of rise in the altcoin market. Van de Poppe stated that macroeconomic factors have replaced the traditional four-year market cycle approach, and that liquidity and global economic conditions will now be more at the forefront. He stated that a serious revival could occur in altcoins as the Chinese Yuan strengthens and gold prices correct. *This is not investment advice. Continue Reading: Experienced Analyst Says “Bullish Reversal Has Begun in Altcoins” – Here’s Why
The cryptocurrency market has seen a remarkable rise in the last week, with the world's largest cryptocurrency, Bitcoin, experiencing a rally of approximately 11%. Many altcoins also experienced an upward wave, with Ethereum outperforming Bitcoin after a long time with 13%. The rise in the cryptocurrency market is thought to be due to the decrease in customs duty tensions and the easing of investors' sentiment towards risky assets. In addition, there will be a large number of token unlocks in many altcoins in the new week. Here is the token unlock calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated as UTC+3 Türkiye time) Sui (SUI) Market Value: $11.74 billion Token Amount to be Unlocked: $1.37 million (0.01% of market value) Date: April 28, 2025, 03:00 Worldcoin (WLD) Market Value: $1.49 billion Token Amount to be Opened: $5.70 million (0.38% of market value) Date: April 28, 2025, 03:00 Grass (GRASS) Market Value: $460.87 million Token Amount to be Unlocked: $6.16 million (1.34% of market value) Date: April 28, 2025, 03:00 Morpho (MORPHO) Market Value: $292.41 million Token Amount to be Unlocked: $1.22 million (0.42% of market value) Date: April 28, 2025, 03:00 Maverick Protocol (MAV) Market Value: $36.94 million Token Amount to be Unlocked: $1.08 million (2.92% of market value) Date: April 28, 2025, 03:00 Official Trump (TRUMP) Market Value: $3.00 billion Token Amount to be Opened: $7.42 million (0.25% of market value) Date: April 28, 2025, 09:00 Self Chain (SLF) Market Value: $19.70 million Token Amount to be Unlocked: $1.71 million (8.66% of market value) Date: April 28, 2025, 15:00 Sei (SEI) Market Value: $1.02 billion Token Amount to be Unlocked: $1.05 million (0.10% of market value) Date: April 28, 2025, 18:00 Related News: IMF Makes New Statement on El Salvador's Bitcoin (BTC) Purchases Open Campus (EDU) Market Value: $53.52 million Token Amount to be Opened: $2.88 million (5.36% of market value) Date: April 28, 2025, 18:00 Celestia (TIA) Market Value: $1.76 billion Token Amount to be Unlocked: $2.86 million (0.16% of market value) Date: April 28, 2025, 21:00 EigenLayer (EIGEN) Market Value: $243.65 million Token Amount to be Unlocked: $1.02 million (0.42% of market value) Date: April 29, 2025, 11:00 Optimism (OP) Market Value: $1.30 billion Token Amount to be Opened: $25.32 million (1.94% of market value) Date: April 30, 2025, 03:00 Related News: IMF Makes New Statement on El Salvador's Bitcoin (BTC) Purchases Echelon Prime (PRIME) Market Value: $165.24 million Token Amount to be Opened: $4.75 million (2.87% of market value) Date: April 30, 2025, 03:00 Kamino (KMNO) Market Value: $85.10 million Token Amount to be Opened: $14.45 million (16.99% of market value) Date: April 30, 2025, 03:00 GUN (GUN) Market Value: $37.32 million Token Amount to be Opened: $4.75 million (12.72% of market value) Date: April 30, 2025, 03:00 SubLayer (ALT) Market Value: $100.27 million Token Amount to be Opened: $7.37 million (7.35% of market value) Date: April 30, 2025, 09:00 Render (RENDER) Market Value: $2.25 billion Token Amount to be Unlocked: $4.33 million (0.19% of market value) Date: May 1, 2025, 03:00 Bonk (BONK) Market Value: $1.49 billion Token Amount to be Opened: $9.74 million (0.65% of market value) Date: May 1, 2025, 03:00 Kadena (KDA) Market Value: $179.45 million Token Amount to be Unlocked: $1.08 million (0.60% of market value) Date: May 1, 2025, 03:00 Mythos (MYTH) Market Value: $112.06 million Token Amount to be Unlocked: $2.47 million (2.21% of market value) Date: May 1, 2025, 03:00 Hooked Protocol (HOOK) Market Value: $32.03 million Token Amount to be Unlocked: $1.17 million (3.64% of market value) Date: May 1, 2025, 17:00 dYdX (DYDX) Market Value: $491.59 million Token Amount to be Unlocked: $5.36 million (1.09% of market value) Date: May 1, 2025, 18:00 Orbs (ORBR) Market Value: $72.79 million Token Amount to be Unlocked: $2.27 million (3.12% of market value) Date: May 2, 2025, 03:00 RavenQuest (QUEST) Market Value: $6.11 million Token Amount to be Opened: $1.38 million (22.50% of market value) Date: May 2, 2025, 03:00 Ethena (ENA) Market Value: $1.94 billion Token Amount to be Opened: $33.01 million (1.70% of market value) Date: May 2, 2025, 11:00 Hivemapper (HONEY) Market Value: $138.60 million Token Amount to be Unlocked: $2.79 million (2.00% of market value) Date: May 3, 2025, 15:00 Neutron (NTRN) Market Value: $80.38 million Token Amount to be Unlocked: $1.43 million (1.78% of market value) Date: May 3, 2025, 15:00 *This is not investment advice. Continue Reading: Watch Out: 27 Altcoins Will Have Massive Token Unlocks in The New Week – Here’s the Day-by-Day, Hour-by-Hour List
Bitcoin’s recent strong momentum signals a potential breakout, but reclaiming $96,000 is critical for future price rallies. With BTC climbing 11.75% over the past week, the bullish sentiment continues to
Bitcoin is experiencing strong upward momentum but must reclaim, and flip $96k for a potential rally.
ProShares Trust, a popular investment company, is set to launch its XRP Exchange Traded Funds (ETF) offerings this April. As revealed in a recent filing, the U.S. Securities and Exchange Commission (SEC) has officially approved the initiative. This development marks a big step for ProShares as it expands its crypto-based investment products. The XRP ETF will give investors a new way to gain exposure to XRP without directly buying the token. Structure of ProShares’ Upcoming XRP ETFs According to the filing, ProShares Trust will offer several XRP-focused ETFs, including the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. It is important to note that the incoming XRP ETFs do not get the same direct approval from the SEC as spot ETFs. Instead, they can become effective if the SEC does not raise objections within a certain period. The filing confirms that ProShares chose April 30, 2025, as the official launch date. Notably, there was no request for immediate effectiveness at the time of filing. The registration papers show that the XRP ETFs are built under a mutual fund framework and follow the Securities Act and the Investment Company Act rules. ProShare Advisors LLC, based in Bethesda, Maryland, will be the investment advisor. Richard Morris is listed as the agent for service, and Dechert LLP in New York will provide the legal support for the funds. ProShares Trust is known for offering investment products linked to digital assets. This new move aligns with its broader strategy to expand into the crypto sector. Many Still Await The Approval Of Spot XRP ETF The crypto community is still anticipating the approval of a spot XRP ETF. Nevertheless, the ProShares XRP ETFs will provide investors with leveraged and inverse exposure to XRP’s price movements. This means investors can benefit from both the rise and fall of XRP prices through regulated financial products. Market participants hope that the success of ProShares’ soon-to-launch funds will bring more momentum toward approving a spot XRP ETF soon. Since the Brazilian regulatory agency became the first to approve spot XRP ETFs , many hope the United States authorities will follow suit. Despite many crypto-focused ETFs under review, analysts believe XRP may soon become the third cryptocurrency in the U.S. to get a spot ETF approval, following Bitcoin (BTC) and Ethereum (ETH). XRP Market Reaction Following the SEC’s approval of ProShares Trust’s XRP ETFs, XRP experienced a notable surge in market activity. According to CoinMarketCap data, XRP is up by 0.98%, trading at $2.22. This uptick reflects heightened investor interest in XRP exposure through regulated financial products. The post ProShares Trust to Launch XRP ETFs on April 30 on SEC Approval appeared first on TheCoinrise.com .
MicroStrategy founder and Chairman Michael Saylor has once again signaled his intention to expand the company’s Bitcoin (BTC) holdings. In a recent post on social media, Saylor shared an updated version of MicroStrategy’s Bitcoin investment tracker. The portfolio chart features a blue line showing Bitcoin’s price trend and orange dots showing each increase in MicroStrategy’s Bitcoin reserves. Historically, Saylor has posted more than ten consecutive weeks of updates to this chart, with the company consistently announcing new Bitcoin purchases shortly after each announcement. Related News: SEC Approves Highly Anticipated XRP ETF - Price Reacts - Not Yet Approved Spot ETF on the Horizon Now As of the last update, MicroStrategy’s Bitcoin holdings totaled $50.69 billion, comprising 538,200 BTC. The company’s average purchase price is $67,793.76 per Bitcoin. Overall, the portfolio is up 38.93%, generating approximately $14.2 billion in gains. The most recent purchase recorded on April 21, 2025, sees MicroStrategy purchasing 6,556 BTC at an average price of $84,785 per Bitcoin. The total cost of the purchase is reported as $555.8 million, while the current market value of these assets is currently $616.8 million, a 10.98% increase, giving the company a profit of over $61 million. *This is not investment advice. Continue Reading: Michael Saylor Makes Another Implied Bitcoin Purchase Announcement – Here’s the Company’s Average Purchase Price and Total Profit to Date