Widely followed quant analyst PlanB says Bitcoin’s ( BTC ) latest correction is now raising questions as to whether its bull cycle is on the verge of ending. In a new strategy session, PlanB says that while on-chain data suggests Bitcoin remains in a bull cycle, a lack of new all-time highs since January may indicate a bear market is starting to form. “Some questions about the Bitcoin market cycle chart. It is still measuring ‘bull market’ (red) in on-chain data. But as I explain in today’s video, we are at a crossroads.” Source: PlanB/X The analyst says there remains the potential of a V-shaped recovery after Bitcoin’s correction that tapped about $78,000 last week. “In bull markets, we can have multiple dips that are 20% or even 30% minus. However, it was still an unexpected dip. I expected more all-time highs after January’s all-time high and I expected February to be an all-time high as well, above $102,000. So we’re really at the crossroads right now. Either we’ll have a red hot bull market, a continuation of the bull market, or we enter the distribution phase into a bear phase. So what will it be? I don’t know. That’s a big question. Was this the top and is this the start of the bear market, or will we see a V-shape recovery and more bull market action?” Source: PlanB/X Based on historic precedence, the analyst says Bitcoin is likely to rally from current prices and print new all-time highs. “Yes, it has been at this crossroads each and every halving cycle. In all cycles the market has chosen bull/FOMO (fear of missing out) from here, but we have had only four cycles, not really enough to say something statistically sound. Fingers crossed for this fifth cycle.” Bitcoin is trading for $84,377 at time of writing, down 6.5% in the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix 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. Generated Image: DALLE3 The post PlanB Says Bitcoin Bull Market at New Crossroads Following Deep Correction – Here’s His Outlook appeared first on The Daily Hodl .
In a significant development for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against Cumberland DRW LLC, a Chicago-based trading firm. This
The upcoming White House Crypto Summit on March 7 seeks to redefine US crypto policy with high-profile attendees in the digital asset space. This summit represents a pivotal moment for
Cryptocurrency trading firm Cumberland DRW recently announced a pivotal development regarding its legal standing with the U.S. Securities and Exchange Commission (SEC). On March 5th, the firm revealed it has
The White House will host a highly anticipated crypto summit on Friday, but the event will be more exclusive than previously expected, according to crypto journalist Eleanor Terrett. Terrett explained in a statement that as of this morning, official invitations for the White House Crypto Summit have not yet been sent out. However, sources close to the process indicate that the guest list will be smaller than initially expected, with only around 20-25 attendees. The event will take place in a roundtable format at the White House and will include prominent figures from both the crypto industry and the Presidential Working Group (PWG) on Digital Assets. Confirmed industry participants include Michael Saylor, the executive chairman of MicroStrategy and a prominent Bitcoin advocate. Other notables expected to attend include Bo Hines and US crypto chief David Sacks. While the full list of participants remains unclear, Terrett noted that the PWG is comprised of high-level government officials, including Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Attorney General Pam Bondi, as well as the heads of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Related News: Bitcoin Price Decline Dominates, Ethereum Saw Below $ 2,000 - What Causes the Decline? Here is the Latest Situation Following the roundtable discussions at the White House, a larger, invite-only reception is being held in another room to accommodate those not involved in the main event. This separate meeting is expected to bring together additional stakeholders from the cryptocurrency industry and policy circles. Plans for the summit are still being finalized, and last-minute changes remain a possibility. *This is not investment advice. Continue Reading: Inside Information Leaks About Friday’s Big White House Cryptocurrency Summit – Here are the Latest Information
Bitcoin's price fluctuates as market uncertainty grows. Experts predict potential recovery despite recent downturns. Continue Reading: Bitcoin Price Dips as Experts Share Insights on Market Trends The post Bitcoin Price Dips as Experts Share Insights on Market Trends appeared first on COINTURK NEWS .
Ripple CEO Brad Garlinghouse and Strategy executive chair Michael Saylor said they had received invitations to the March 7 event.
Key Takeaways: Our Tron price predictions anticipate a high of $0.438 by the end of 2025. In 2028, TRX will range between $1.02 and $1.17, with an average price of $1.10. In 2031, TRX will range between $1.76 and $1.90, with an average price of $1.83. TRX is the native token of the Tron network used to govern and settle transaction fees. In retrospect, Tron (TRX) has performed better than most mega-altcoins. Over the long term, TRX is set to trend higher. Is TRX a good investment? Will it go up? Where will it be in three years? Let’s get into the TRX price prediction to answer these questions and more. Overview Cryptocurrency Tron Ticker TRX Current price $0.2360 Market cap $20.17B Trading volume $1.07B Circulating supply 86.05B TRX All-time low $0.001091 on Sep 15, 2017 All-time high $0.4313 on Dec 04, 2024 24-hour low $0.2432 24-hour high $0.2272 Tron price prediction: Technical analysis Metric Value Volatility (30-day variation) 2.87% 50-day SMA $0.237705 200-day SMA $ 0.198763 Sentiment Bearish Fear and greed index 15 (Extreme Fear) Green days 16/30 (53%) Tron price analysis TL;DR Breakdown Tron price analysis confirmed an uptrend at $0.2360. Cryptocurrency has gained 2.12% in value. TRX coin prices seek support level at $0.2261. On March 4, 2025, Tron price analysis revealed a bullish trend for the cryptocurrency. It rose by 2.12% in value during the day. The Bears secured victory yesterday, while the Bulls led today. TRX/USD 1-day chart analysis The one-day price chart of the Tron coin confirmed an upward trend for the currency. TRX/USD rose to $0.2360 in the past 24 hours. The green candlestick on the price chart show rising bullish momentum. TRX/USD price chart. Image source: TradingView The distance between the Bollinger Bands defines the volatility. This distance is constant. The upper limit of the Bollinger Bands indicator, acting as the resistance, has shifted to $0.2486. Conversely, its lower limit, serving as the support, is at $0.2261. The Relative Strength Index (RSI) indicator hovers in the neutral region. Its value has improved up to index 49.01 through the day. The upward curve on the RSI graph refers to a balanced trading setup. If the buying activities continue to soar, the RSI value can cross the threshold of 50. TRX/USD 4-hour chart analysis: TRX descends to $0.2360 amidst upside The four-hour price analysis of the Tron coin depicts a downward market trend. The cryptocurrency’s value dropped to $0.2360 in the past few hours. Despite the bullish recovery in the early hours, bearish strength is rising. TRX/USD price chart. Image source: TradingView The Bollinger bands are widening, leading to a subtle increase in volatility levels. This increase in volatility refers to a higher market unpredictability. Moreover, the upper Bollinger band has shifted to $0.2459, indicating the resistance point. The lower Bollinger band has moved to $0.2272, securing the support. The RSI indicator is in the neutral region at 50.86. TRX technical indicators: Levels and actions Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.244658 SELL SMA 5 0.239948 SELL SMA 10 0.24241 SELL SMA 21 0.239863 SELL SMA 50 0.237705 SELL SMA 100 0.247649 SELL SMA 200 0.198763 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.236979 SELL EMA 5 0.237879 SELL EMA 10 0.241142 SELL EMA 21 0.247152 SELL EMA 50 0.245145 SELL EMA 100 0.224965 BUY EMA 200 0.194508 BUY What can we expect from Tron price analysis next? Tron price analysis gives a relatively bullish prediction. Its value rose to $0.2360 in the last 24-hours. Overall, it rose by 2.12%. Technical indicators give out a neutral verdict. Is TRX a good investment? TRX is a coin with utility that continues to trade higher, indicating growing adoption among crypto investors. Despite this, the coin remains a victim of uncertainties and volatility. Our Cryptopolitan price prediction explores the expected movements from 2025 to 2031. Why is Tron up? Tron is bullish during the day. Moreover, the coin has increased to $0.2360 amidst rising buying activity, which resulted in a noticeable gain. TRX gained significant value amidst a growing bullish trend during the day. Will Tron reach $0.5? Yes, Tron should rise above $0.5 in 2026. During that period, its price will range between $0.536 and $0.682. Will Tron reach $1? Yes, Tron should rise above $1 in 2028. During that period, its price will range between $1.02 and $1.17. Can TRX reach $10? Per expert analysis, Tron may not reach $10 before 2031. What will be the price of 1 TRX in 2025? The average Tron price for 2025 is expected to be $0.365. What will be the price of TRON in 2030? The highest price of Tron in 2030 is expected to be around $1.66. What will TRX be worth in 5 years? The minimum expected price of Tron after 5 years will be $1.76. Does Tron have a good long-term future? According to the Tron price predictions, Tron is set to trade higher in the coming years. However, factors like market crashes or difficult regulations could invalidate this bullish theory. Recent news/opinion on Tron Tron DAO said in a post that it is processing over 14 million USDT transactions per week, which represents 69% of all USDT activity. This is also a 61% increase from late January transactions. The @trondao network currently processes over 14 million $USDT transactions per week, representing 69% of all USDT activity. This is a notable increase from 61% in late January. pic.twitter.com/N4bN9fQZ7o — IntoTheBlock (@intotheblock) February 27, 2025 Tron founder Justin Sun said most of the yield of USDD comes from TronDao subsidies. USDD is a stablecoin pegged to the US dollar. Sun also insists that USDD is the only choice for a decentralized stablecoin in the industry. Two things you need to know when using USDD: 1. USDD is a decentralized stablecoin—no one but you has any authority to freeze or rug pull your funds. 2.Where does USDD’s yield come from? Most of the returns currently come from @trondao subsidies. Tron automatically converts USDT… https://t.co/4ZIMsWtOMC — H.E. Justin Sun 🍌 (@justinsuntron) February 3, 2025 Tron price prediction March 2025 A break of resistance will result in a mini bull run, with the next target at $0.262. This month, TRX will trade at an average of $0.238 and drop to $0.219 at its lowest. Month Potential low ($) Potential average ($) Potential high ($) March 0.219 0.238 0.262 Tron price prediction 2025 The technical indicators are bullish on TRX in the second half of 2025. It is anticipated to trade between $0.292 and $0.438, with an average price of $0.365. Year Potential low ($) Potential average ($) Potential high ($) 2025 0.292 0.365 0.438 Tron price prediction 2026-2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 $0.536 $0.609 $0.682 2027 $0.780 $0.853 $0.926 2028 $1.02 $1.10 $1.17 2029 $1.27 $1.34 $1.41 2030 $1.51 $1.58 $1.66 2031 $1.76 $1.83 $1.90 Tron price prediction 2026 TRON will experience more bullish momentum in 2026. According to the predictions, it will range between $0.536 and $0.682, with an average price of $0.609. Tron price prediction 2027 The TRX prediction climbs even higher in 2027; according to the prediction, it will range between $0.780 and $0.926, with an average price of $0.853. Tron price prediction 2028 The analysis suggests a further acceleration in TRX’s growth by 2028. According to the Tron price prediction, the price of Tron will range between a minimum price of $1.02 and a maximum price of $1.17. The average price for the year will be $1.10. Tron price prediction 2029 According to the Tron forecast for 2029, TRX price will reach a maximum and minimum of $1.41 and $1.27, respectively, with a year-round average of $1.34. Tron price prediction 2030 The Tron TRX price prediction for 2030 indicates a price range of $1.51 and $1.66 and an average price of $1.58. Tron price prediction 2031 The Tron price forecast for 2031 sets the high at $1.90. The lowest price for the year will be $1.76, and the average price will be $1.83. TRX price prediction 2025 – 2031 Tron market price prediction: Analysts’ TRX price forecast Platform 2025 2026 Digitalcoinprice $0.53 $0.63 CoinCodex $0.363 $0.277 Cryptopolitan’s Tron price prediction At current levels, Tron remains bullish. According to our predictions, TRX will achieve a high of $0.429 in the second half of 2025. In 2026, it will range between $0.527 and $0.676, with an average of $0.599. Note the predictions are not investment advice. Seek independent professional consultation or do your research. Tron historic price sentiment TRON price history Tron, founded by Justin Sun in 2017, raised $70 million through an ICO the same year; it launched its mainnet in May 2018 and migrated TRX from Ethereum to Tron in June, which temporarily boosted TRX’s price to $0.09. TRX reached an all-time high of $0.3004 in January 2018 before dropping below $0.05 a month later; it consistently traded under $0.05 until late 2020, when it began to rise again. In 2021, it reached a high of $0.16. Tron was also reorganized as a DAO as Justin stepped down as CEO of Tron Foundation. TRX was in a bear trend for the best part of 2022. In 2023, TRX maintained a consistent bull run, rising from a low of $0.05. In March 2023, the SEC sued Justin for allegedly selling unregistered securities and promoting Tron and Bittorent tokens. In February 2024, Circle’s announcement to cease USDC on Tron led TRX to correct from $0.1429. TRX held above $0.1234 until mid-May, then dropped to $0.1113. The price rebounded to $0.1398 in July but fell again to $0.1213 in early August. By late September, TRX recovered to $0.166, reaching $0.1691 in October and touching $0.2130 in late November. TRX ended 2024 with a price tag of $0.255. Tron was priced at $0.255 at the start of January 2025 and it was trading in a range of $0.204 to $0.257 in February. In March 2025, Tron (TRX) is trading near $0.24.
Belarus Government Considering Crypto Mining with Excess Energy Supply Belarusian President Aleksandr Lukashenko instructed newly appointed officials to focus on energy infrastructure development and local cryptocurrency mining with the nation’s excess electricity. He emphasized that the use of excess power would be beneficial in stimulating the economy without wasting it. Enhancing Energy Infrastructure Addressing a meeting with Energy Minister Aleksei Kushnarenko, Lukashenko emphasized the modernization of Belarus’ power grid, particularly 5,700 km of networks essential for residential areas, businesses, and electric vehicles. While high-voltage infrastructure is safe, weaker networks require adequate reinforcement to prevent blackouts, such as those that occurred during recent storms in the Gomel Region. What matters most to the government is ensuring a stable supply of electricity to 1,500 settlements, particularly where demand for electrification is on the rise. Belarus’ Previous Crypto Mining Initiatives The Belarus government has had a past interest in crypto mining. In 2021, Viktor Karankevich, the Minister of Energy, affirmed that authorities had considered the potential for utilizing excess energy in mining operations. They reviewed risks within the industry, power consumption, and economic impact in their investigation, which took into account successful mining operations in China, the United States, Canada, and Russia. The leadership in Belarus has also taken regulatory frameworks from other countries to see how they would help implement crypto mining as part of the nation’s energy strategy. Increase Electricity Use for Crypto Mining and Warming Lukashenko also encouraged increased electricity usage for hot water supply and heating, citing plans for the second nuclear power plant. The president presented this project as a long-term step aimed at meeting increasing energy demand and ensuring long-term sustainability. Officials were instructed to develop new incentives for households and businesses to change from gas to electricity-based heating, maximizing the country’s power infrastructure. Future of Crypto Mining in Belarus The president validated the global interest in cryptocurrency and the nation’s excess of electricity as the two most powerful drivers of potential mining projects. He suggested that Belarus could either welcome foreign investors to mine cryptocurrency or establish state-backed mining projects. Lukashenko urged policymakers to develop regulatory framework that makes the mining of cryptos an economically viable enterprise as well as for protecting national interests. According to him, there should be regulations that strictly restrict mining operations for preventing illegal actions such as clandestine use of energy or unstated operations. Belarus’ stance in favor of mining is also in line with its general economic and energy strategy, which might make the country a hub of cryptocurrency mining in Eastern Europe. If implemented, these steps can stimulate Belarus’ technological development and create new economic opportunities for individuals and businesses.
As bitcoin holds steady above the $88,000 threshold, Michael Saylor’s Strategy (formerly Microstrategy) maintains a 29% gain on its extensive BTC holdings. Meanwhile, MSTR shares have climbed more than 11% over the past week, defying the broader downturn in the crypto sector. What If Strategy Bought Ether Instead of Bitcoin? A Massive Difference Answers That