Javier_san

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*Bitcoin reaching $100,000*

With the increase experienced by $BTC Ki Young Ju, founder and CEO of the on-chain analysis company Crypto Quant, he questions his theory that the bear cycle has ended.

He is no longer sure about the stark projection he made six weeks ago for the price of bitcoin $BTC . At that time, he warned that the bullish cycle of the currency had ended, but with its rise this week to USD 95,000, its highest in two months, he has put that theory in doubt.

After stating that the bullish cycle had ended, bitcoin fell by 10%, but it is now 10% above where it was when he made that forecast. Therefore, although he has not completely discarded his hypothesis, he revealed that he is reassessing his position.

“If it surpasses $100,000, I will gladly admit my mistake,” he expressed. With the price surge it has had, he detailed that he will remain attentive to the data for a few more weeks to see if it is truly a change in trend from what he observed before.

Like and share 👍

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*Bitcoin continues to rise*

Bitcoin $BTC is trading today at $97,424.02, this price shows a variation of 3.2% from the value of the last 24 hours and 3.85% compared to the same day of the previous week.

The current dominance of the token (market capitalization) is US$1,929,896,295,573.

Bitcoin is the most important cryptocurrency today. Increasingly accepted worldwide, it can be used to purchase products and services.

Each bitcoin is like a file stored in a "digital wallet," whether on a mobile phone, computer, or tablet. People and businesses can transfer bitcoins or a fraction of a bitcoin between different digital wallets.

Each of these transactions is recorded in a public list called the blockchain. In this way, one can know the history of a bitcoin to prevent theft, counterfeit copies, or undo transactions.

There are three main ways to obtain a bitcoin. They can be purchased using real money (dollars, for example); goods and services can be sold and paid for in bitcoin; and they can be "mined" (created as it is said in cryptocurrency market jargon) on a computer.

To mine or create new bitcoins, high-powered computers are needed that, through solving extremely complex computational calculations, receive a bitcoin as a reward.

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Tap the chart to trade.

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⭐⭐CRYPTOS ON THE DECLINE NOW⭐⭐
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What is a stablecoin?

Stablecoins are a type of cryptocurrency whose value is linked to a real-world asset, such as a fiat currency (like the US dollar) or a commodity (like gold), with the aim of maintaining a stable price.

This contrasts with other cryptocurrencies that can experience large price fluctuations.

How do stablecoins work?

Linking to an asset:
Most stablecoins are designed to maintain a 1:1 value with the asset to which they are linked.

Backing by assets or algorithms:
Some are backed by reserves of assets (like dollars in a bank account), while others use algorithms to maintain their stable value.

Less volatility:

By being linked to a stable asset, stablecoins offer greater stability than other cryptocurrencies, making them useful for transactions and payments.

Examples of stablecoins:

USDT (Tether): One of the most popular stablecoins, linked to the US dollar.

USDC (USD Coin): Another widely used stablecoin, also linked to the US dollar.

BUSD (Binance USD): A stablecoin from the Binance exchange, linked to the US dollar.

Why use stablecoins?

Reduce volatility:
They are useful for those looking for an alternative to the price fluctuations of traditional cryptocurrencies.
Facilitate transactions:
Their stability makes them more suitable for transactions and payments, as their value can be predicted.

Be in crypto without the volatility:
They are a way to participate in the world of cryptocurrencies without having to deal with the large price movements of other cryptocurrencies.

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$USDC

⭐BITCOIN RISING⬆️⬆️⬆️ ⭐

While bitcoin $BTC remains around $95,000, bullish expectations in the market are growing. However, that does not mean it cannot experience a drop before continuing to rise.

$BTC is preparing for another breakout of historical highs if the capital flow trend continues. *This projection is a strong long-term outlook*
Although in the very short term there are good chances of price retracements, as a natural part of a bullish process.

Therefore, under the current market regime, all declines are considered buying opportunities.

The fundamentals of Bitcoin have turned bullish, setting up a favorable environment to surpass previous peak levels.
Capital flows into the network are increasing.

An example of the increase in flows is, in addition, the performance that Bitcoin exchange-traded funds (ETFs) have had in the United States. With an inflow of $3 billion last week, they recorded their highest entry in five months and the second highest in their entire history, showcasing the reactivation of bullish sentiment.⬆️
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$USDC

*Bitcoin Price Prediction April 2025*

Bitcoin $BTC has been witnessing a tough battle between bulls and bears near the crucial level of $95,000

The upward 20-day exponential moving average ($88,619) and the relative strength index (RSI) near the overbought zone indicate that the bulls dominate the market.
A close above $95,000 could drive 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 short-term support to watch because a break below it puts the broad range of $95,000 to $73,777 at risk.

The 4-hour chart shows that bears fiercely defend the $95,000 level but struggle to sink the pair below the 20-day EMA.
If the price rebounds from the 20-day EMA, the likelihood of surpassing $95,000 increases.
The pair could then reach $100,000.

On the other hand, if the price remains below the 20-day EMA, the pair could fall to the 50-day simple moving average.

This is an important level that bulls must defend, as a break below this level could push the pair down to $86,000.

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⭐ Bitcoin INCREASING ⭐

Bitcoin $BTC rose more than 10% this week thanks to strong recovery from buyers, pushing the price up to the upper resistance of $95,000.

Although buyers are struggling to overcome this resistance, a positive sign is that they have not ceded much ground to the bears.

The strong rise is due to solid purchases in U.S. spot Bitcoin exchange-traded funds (ETFs), which recorded inflows of $3.06 billion, according to data from Farside Investors.

Bloomberg ETF analyst Eric Balchunas commented in a post on X that it was really remarkable to see "how quickly flows can shift from first to fifth gear".

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Price Prediction for Sui April 2025

$SUI gained momentum after buyers pushed the price above the moving averages on April 22.

The recent rally has pushed the RSI into the overbought zone, suggesting minor consolidation or a correction in the coming days.
Any pullback is expected to find support in the area between the 38.2% Fibonacci retracement level of $3.14 and the 50% retracement of $2.94.

A shallow pullback increases the likelihood of a rally to $4.25 and then to $5. Sellers will regain control if they manage to push the SUI/USDT pair below $2.86.
#criptonews #sui