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It is likely that the formation of Dogecoin's price movements will create a promising technical pattern on the daily chart, leading to its next strong rally. Will we witness an imminent price breakout?

The price of Dogecoin (Dogecoin-DOGE) has recorded a decline of 3% over the past week, currently stabilizing around 0.2205$ , coinciding with the calm of the meme coin revival wave following its strong launch and trading volumes that exceeded the average. Meanwhile, DOGE recorded trading volumes of $1.8 billion over the last 24 hours, indicating a decrease of 37% compared to the previous day, which perhaps signals a decline in selling pressure, supporting positive Dogecoin price expectations in the foreseeable future.

The price of Bitcoin has risen with the end of the American session, and Bitcoin is currently trading at $107,862.3$ , up by +0.85% in the last 24 hours. The market capitalization is now $2.15 trillion according to Investing data, and Bitcoin remains the most dominant with a market share of 63%, followed by Ethereum with a market share of 9.1%. It is noted that based on today's closing price, Bitcoin has risen by +4.73% in the last seven days, while the most famous altcoin, Ethereum, has dropped by -3.88% in the last seven days.

Prices of the most popular cryptocurrencies
Solana: Current price: $169.325$ , movement: +0.49%

Binance Coin: Current price: $668.40$ , movement: +2.94%

Ripple: Current price: $2.3715 $ , movement: +0.69%

Dogecoin: Current price: $0.228152$ , movement: +0.85%

Shiba Inu: Current price: $0.00001464$ , movement: +0.67%

Cardano: Current price: $0.7579 $ , movement: +2.17%

Stocks related to cryptocurrencies
The movement of cryptocurrencies has directly affected the prices of Bitcoin mining stocks and stocks highly exposed to Bitcoin and cryptocurrencies.

Coinbase Global Inc (COIN): Closing price $258.97$ , performance: -0.9%

MicroStrategy (MSTR): Closing price $402.45$ , performance: -3.5%

Marathon Digital Holdings (MARA): Closing price $15.85 $ , performance: -2.1%

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Bitcoin (BTC) recorded a local peak of $107,950 this morning on the Binance platform, surpassing its previous low by just 1.86% from its all-time high of $110,000. As Bitcoin approaches a revisit of its historical level, altcoins have begun to show signs of fatigue. Could this upward momentum push Bitcoin to record a new high of $110,000 today?

Bitcoin's price has risen 2% today and is trading at $106,400. This recent increase has pushed the market value of Bitcoin to $2.1 trillion, with trading volume over the past 24 hours hovering around $52.14 billion.

The Volmex Bitcoin Implied Volatility Index (BVIV) is approximately 49.23. This measure gauges investors' future expectations regarding Bitcoin and is calculated using options data. This figure of 49.23 represents an annualized 30-day implied volatility. By dividing this value by the square root of 365, we obtain 2.57%, which represents the daily volatility percentage of Bitcoin's price.

At the time of writing this report, Bitcoin's price is trading around $106,400. By multiplying this value by 2.57%, the upper limit shows at $109,123. On the other hand, the lower limit is recorded at around $103,676. Therefore, the chances of Bitcoin's price fluctuating to $110,000 today are considered very high.

Taking a downward approach is best to determine what the future price expectations for Bitcoin hold in the near term. If the momentum is strong enough, Bitcoin will reach $110,000 or exceed it. The four-hour chart shows a series of higher lows since Bitcoin's price hit its lowest point in April at around $73,000. This price structure indicates clear strength and upward momentum, suggesting the continuation of the upward trend and a retest of the all-time high.

The price of Bitcoin has approached $106,000, if not more, after rising by 40% since April, supported by breaking the main resistance at $87,000.
Investor caution is increasing as 97% of currency holders are in profit, while futures markets have recorded record open positions, increasing the risk of a pullback.
Despite the short-term risks, strong buying interest and strong institutional demand maintain the overall upward trend as is.
I think its direction towards $150,000 is highly likely.
$BTC
$SOL
$BNB

If we delve into the reality of Bitcoin and why it has risen so powerfully over the years, we would find one word that encapsulates hundreds, if not thousands, of stories and experiences of failed economies, and greater attempts at deception. This word, my friend, is need: the need for a free economy without government intervention, the need for real money that is not printed by an entity whenever it needs, the need for independence from banks, the need for freedom of movement, the need for security. This reminds me of a speech by Friedrich von Hayek in 1974 when he said, "After a hundred years, the government will stop developing and printing currencies, and the needs of people and large merchants for what is called a stateless money that does not belong to anyone and is not controlled by the government will evolve. The government may fight private entities that try to print this money, but it will not be able to prevent anyone from trusting it."

Bitcoin continued to rise on Wednesday, approaching its all-time high, after the U.S. Senate passed the GENIUS Act, an important bill for regulating stablecoins, overcoming previous legislative hurdles.

The largest cryptocurrency in the world rose by 1.4% to $107,595.50 at 08:42 AM Saudi time.

The currency appeared to be in a consolidation phase near its highest level in four months. It was on the verge of surpassing its record level of $109,288, which it reached in January.

Bitcoin near record level; trade fears and uncertainty about the Fed limit the rise.
This increase aligns with a broader rise in digital assets this month, driven by positive political shifts under President Donald Trump and a temporary improvement in trade relations between Washington and Beijing.
$BTC

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In a remarkable shift in the financial policy of the largest bank in the United States, Jamie Dimon, the CEO of JPMorgan Chase (NYSE:JPM), announced that the bank will start allowing its clients to purchase Bitcoin, despite his continued strong opposition to cryptocurrencies and his view that they are a tool for crime and fraud.

This announcement came during the bank's annual investor day, where Dimon clarified in an interview with CNBC that clients will be able to access Bitcoin through their bank accounts, but emphasized that JPMorgan will not be holding or trading digital assets directly, but will only be listed in client account statements. No additional details were disclosed.
The bank is expected to provide the possibility of investing in Bitcoin-related exchange-traded funds (ETFs), which represents an expansion from its previous limited investments related to digital assets. This move follows major institutions like Morgan Stanley, which have already offered these products to their qualified clients.
Despite this, Dimon maintained his stance on Bitcoin, affirming that he sees no real value in the cryptocurrency and links it to illegal activities such as money laundering, financing terrorism, and human trafficking. Dimon stated, "I don’t think anyone should smoke, but I defend your right to smoke… and I also defend your right to buy Bitcoin."

The percentage of Ethereum (ETH) held on centralized exchanges has dropped to its lowest level in over ten years, indicating increasing confidence among investors, particularly institutions and large holders of the currency, in its future prospects.

According to data published by Santiment on May 19, less than 4.9% of the total supply of Ethereum is currently held on trading platforms, the lowest level recorded by the network since its launch. The platform reported that approximately 15.3 million ETH units have been withdrawn from exchanges over the past five years.
On-chain data showed that large Ethereum wallets, which contain more than 10,000 ETH, added over 450,000 units since late April, bringing their total holdings to 40.75 million ETH by May 10, the highest level since March.
In this context, institutional investment funds have begun to record positive cash flows towards Ethereum. Data from SoSoValue showed that instant Ethereum funds in the United States registered a net inflow of $30 million over the last month, ending a streak of outflows. Additionally, the value of BlackRock's Ethereum assets has risen to over $2.9 billion, a clear indication of continued accumulation by institutions.
$ETH