The post Is it a Good Time to Buy Bitcoin? Is This a ‘Buy the Dip’ Opportunity? appeared first on Coinpedia Fintech News In the past few days, the Bitcoin price has been possessing extreme volatility, which has dragged the token to new lows. Despite a significant recovery, the bearish flags continue to haunt the token as the bears are restricting the price from securing the levels above $86,000. While some believe the price has begun to descend, the historical pattern suggests the token is at the edge of a massive explosion. The BTC price has been consolidating within a narrow range since the past couple of days, which could hint that the bulls could be accumulating strength to materialize a strong rebound. Interestingly, the token is consolidating in a similar manner that it did back in 2021; hence, if the price manages to trigger a decent rebound, the price could set up a strong ascending trend soon. Source: X The above chart shows the similarity between the 2021 bull run and the current price action. After a slight upswing, the price has begun to consolidate within a similar pre-defined range, and hence, a rise above the consolidation is expected to trigger a 2021-like bull run. However, the volume and volatility differ, which could cause some hindrance in the rally. Where’s the Bitcoin (BTC) Price Heading Next? The recent price drop seems to have liquidated a huge cluster of longs, due to which the token may refrain from acute selling pressure for a while. More than bulls, bears appear to have been exhausted, and as a result, the fear of an extended price plunge remains aloof for a while. However, the short-term traders have already accumulated more than 35,000 BTC during the recent drop, which prevented the price from dropping below $82,000. Therefore, the Bitcoin price is expected to remain consolidated for the next few days. A popular analyst, Altcoin Sherpa , says that the Bitcoin price is expected to maintain a sluggish trend for some more time. The price could remain within a predefined range and slowly ascend above $90,000 by the mid of the second quarter. Although the price may break above the resistance of $92,000, the bears are expected to drag the levels back below $85,000. Therefore, it seems to be a good time to accumulate Bitcoin, as the price is believed to maintain an ascending trajectory and reclaim the higher highs.
Cryptocurrency prices stabilized on the first day of the month after crashing by double digits on Friday, ahead of Bitcoin’s options expiry. Hedera Hashgraph ( HBAR ) price led the charge among altcoins, rising by 25% on Saturday. Stellar Lumens ( XLM ) rose by 16%, while Algorand ( ALGO ) and Ondo Finance ( ONDO ) rose by over 15%. ONDO, HBAR, Stellar, Algorand prices chart | Source: crypto.news These altcoins jumped after Bitcoin ( BTC ) bounced back above $85,000 after crashing to $78,115 on Friday. It rebounded after options worth over $5 billion expired on the last day of the month, and a sense of calm spread in the market, with American equities ending the day higher. The Dow Jones Industrial Average rose by 600 points, while the Nasdaq 100 and S&P 500 rallied by 95 and 300 points, respectively. Cryptocurrency prices often have a close correlation with the US stock market. There was no specific news on Saturday’s top movers, like Hedera Hashgraph, Algorand, Stellar Lumens, and Ondo Finance. A potential catalyst for Hedera and Stellar Lumens is that the Securities and Exchange Commission has become more friendly on the crypto industry. It has ended its lawsuits on Gemini, Coinbase, and Uniswap, and is in talks with Justin Sun to end or settle its lawsuit. Therefore, analysts anticipate that the SEC will now move to approve spot crypto ETFs like Litecoin ( LTC ), Hedera, and Stellar. An ETF approval would potentially lead to more inflows, boosting their prices. The other potential reason for the HBAR, ALGO, ONDO, and Stellar rally is that investors are buying the dip since they all are trading at their lowest levels in months. It is a common situation for investors to buy the dip after assets crash. You might also like: Bitcoin is ‘still a very risk-on asset,’ Bloomberg’s Nicolle says Additionally, this rebound may be part of a dead cat bounce, a common situation in the market where an asset in freefall experiences a brief rebound. Also known as a bull trap, it is usually a temporary rebound before the asset resumes the downtrend. Hedera Hashgraph price analysis HBAR price chart | Source: crypto.news The daily chart shows that the HBAR price bottomed at $0.1807 this week and then bounced back to $0.2360. It has moved slightly above the 25-day moving average, while the two lines of the percentage price oscillator have pointed upwards. Therefore, Hedera may keep rising as bulls target the next key resistance level at $0.2586, the 38.2% Fibonacci Retracement level and the lowest swing in January. Algorand price technical analysis ALGO chart | Source: crypto.news Algorand price has consolidated in the past few days. It has moved below the 50-day moving average, a sign that bears remain in control. ALGO remains below the 61.8% retracement point and has formed a head and shoulders pattern. A H&S pattern is one of the most bearish signs in the market. Therefore, the coin will likely have a strong bearish breakdown and retest the psychological point at $0.20. Stellar price forecast XLM price chart | Source: crypto.news The XLM price topped at $0.6360 on November 24 last year and then bottomed at $0.2537 on Saturday. It has formed a series of lower lows and lower highs, resulting to a descending channel. It retested the lower side of this channel on Friday and formed a small doji candle. Therefore, the coin will likely bounce back as bulls target the upper side of the channel at $0.35. Ondo price prediction Ondo price chart | Source: crypto.news The ONDO token peaked at $2.1590 in December and has now bottomed at the psychological point at $1. It has dropped below the 50-day moving average and the 61.8% Fibonacci Retracement point. The token has formed a head and shoulders pattern, pointing to more downside, potentially to the psychological point at $0.80. At press time, Bitcoin was up 2.7%, trading at $84,536. It’s down 22.4% from its all-time high. Source: CoinGecko Read more: SEC delays decision on Fidelity’s spot Ethereum ETF options
The post ADA Price Predicted To Lose A Further 25%: 100x Predicted Panshibi Goes Viral As Asian-Backed Meme Excites appeared first on Coinpedia Fintech News Due to its high volatility, the Cardano price has attracted serious attention in the crypto market. ADA, the native token of the Cardano blockchain, experienced a significant price drop in February following the market-wide selloff caused by Donald Trump’s tariff wars. As of today, the Cardano price prediction projects a further push to the downside after the ADA price dropped 31% in the last month. Meanwhile, a new contender, Panshibi , is sparking excitement in the crypto market with its stellar presale figures. The Panda-themed token has rocked the meme coin space and the broader crypto market, raising more than $1.19 million in just a few weeks. So, how can investors position themselves with the recent Cardano price prediction? Let’s find out! Panshibi: Panda-themed Meme Token With 100x Prospects Shines Amid Wide Market Selloffs With the current downturn in the ADA price, one thing is apparent: The crypto market is highly volatile, which makes it so lucrative. However, many market participants react negatively to volatility and would instead get lower returns in exchange for smoother sailing. Fortunately, Panshibi can ride out the bear market downturns and earn up to a 100x return. The ace up Panshibi’s sleeve is that thanks to its deflationary and sustainable tokenomics, it is not subject to the whims of the crypto markets. Panshibi has structured a roadmap designed for long-term growth, unlike its predecessors, which faded after their presale. The project team plans to expand its reach by rolling out major listings on decentralized and centralized exchanges, NFT collaborations, and a growing social-fi ecosystem to maintain engagement and investor confidence. With this strong development plan in place, Panshibi is ensuring that it hands 100x to the hands of its investors before 2025 ends. However, Panshibi’s appeal extends beyond financial gains; it’s about rewarding investors for their investments. Native token holders can earn up to 1,200% APY when they stake their tokens on the platform. Panshibi has dedicated 15% of the total token supply to this endeavor. This generous allocation means investors can benefit from a long-term funding source when they buy $SHIBI tokens. Finally, the platform donates some ecosystem inflows to support panda conservation efforts, funding habitat protection, breeding programs, and educational initiatives to raise awareness. With this community-driven incentive, Panshibi proves that meme coins can drive real-world impact while delivering strong returns for investors. Cardano Price Prediction: Potential 15% Looms Amid Technical Updates ADA is not doing too well. The top ten cryptocurrencies traded in a bearish support zone in February. It has dropped over 31% from last month’s peak. This recent slump came amid the widely anticipated Plomin Hard Fork update, which market participants received poorly. The Plomin Hard Fork remodels Cardano’s governance structure, delegating power to community representatives to enact complete decentralization. Before launching, this market play raised long-term speculation about what it could mean for investors. While investors’ sentiment has risen following this new rollout, the market’s response has been negative. After the Plomin upgrade came into the limelight in January, the ADA price has only made a new streak of lows. Even more depressing, Cardano could face a significant downturn, potentially dropping below $0.60. This Cardano price prediction is influenced by broader market trends, which have seen several cryptocurrencies take a turn for the worse. Join The Panshibi Presale And Ride The Next 100x Surge. While the ADA price is taking a nosedive due to the current market volatility, SHIBI tokens are selling like hotcakes in presale. The project quickly raised over $1.19 million in its first few weeks on the market. In stage 4, tokens are available for a steal price of just $0.005, but this deal won’t last long as investors continue to snap up tokens. As the history books have taught us, now is the best time to buy SHIBI tokens in anticipation of its 100x prospects. You can participate in the Panshibi presale here: Telegram: https://t.me/panshibi Twitter: https://x.com/panshibi_ Website: https://panshibi.com
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“Rich Dad Poor Dad” author Robert Kiyosaki issued yet another warning against investing in exchange-traded funds (ETFs) for Bitcoin and precious metals. He urged direct ownership as protection against what he describes as a corrupt banking system. In a recent X post, Kiyosaki advised against gold, silver, or Bitcoin ( BTC ) ETFs, labeling them “banksters’ money.” He further highlighted distinctions between traditional financial instruments and direct asset ownership amid his predictions of financial system failure. Is BITCOIN a SCAM? It might be…. But not a big a scam as the US Dollar and the US Banking System…. Starting with the Fed. They are BANKSTERS. For example…. When they F. U. and lose billions…. The criminals at the Fed bail them out. They should go to jail. That’s… — Robert Kiyosaki (@theRealKiyosaki) March 1, 2025 “Is BITCOIN a SCAM? It might be…. But not as big a scam as the US Dollar and the US Banking System…. Starting with the Fed,” Kiyosaki stated. He characterized central bankers as “BANKSTERS” who receive government bailouts after losing billions, arguing they “should go to jail” instead. Kiyosaki says Bitcoin is on sale The author’s commentary comes during a period of Bitcoin price volatility. On February 27, as cryptocurrency prices declined, Kiyosaki viewed the downturn as an opportunity, declaring “BITCOIN CRASHING. Bitcoin is on SALE. I AM BUYING.” He attributed the underlying issues not to Bitcoin itself but to America’s monetary system and banking sector. Kiyosaki spoke about the U.S. financial situation, claiming the country faces bankruptcy with over $230 trillion in combined debt when including social programs and unfunded liabilities beyond the official $36 trillion national debt. He predicted that when major holders like Japan and China stop purchasing U.S. bonds, “inflation will go through the roof,” potentially causing economic collapse and dollar devaluation. The financial author has consistently advocated for tangible assets during economic uncertainty. In a separate tweet focusing on silver, Kiyosaki suggested the metal is positioned for notable growth. He has predicted a rise from approximately $32 per ounce to $70 within a year once gold breaks through $3,000. SOMETHING MOVING UNDER SILVER MARKET…. When gold goes through $3,000 a new all time high…my sources say SILVER will take off. Silver is the best investment at the best price. Silver is still about 50% below its all time high. I believe silver at $32.00 an ounce will within… — Robert Kiyosaki (@theRealKiyosaki) February 26, 2025 His perspective on asset prices shows his views on inflation and currency devaluation: “The price of gold, silver, and Bitcoin aren’t going up. Inflation is bringing the purchasing power…the value of their fake money down.” Read more: From concept to reality: Five ways women can launch and lead in blockchain | Opinion