David Bailey, CEO of BTC Inc. and one of the attendees of the Trump Administration’s crypto summit, stated that there should be a path for paying for the proposed “gold card” with bitcoin. This would allow the country to add to its recently formed strategic Bitcoin reserve without using taxpayers’ funds. Bitcoin for a Gold […]
The statistical tool highlighted a broad price target for Bitcoin, which ranged between $51,430 and $713,000, with a mean average of $258,445 by September 2025.
With cumulative outflows reaching $4.75 billion over the past four weeks, the year-to-date inflows have dropped to $2.6 billion, according to CoinShares.
Bitcoin (BTC) continues to face massive selling pressure, with prices dropping below the $85,000 mark, marking a 12% decline since last Friday. The recent downturn has fueled panic selling and heightened fear, leading many investors to speculate about the potential start of a bear market. As uncertainty grips the market, traders remain cautious about Bitcoin’s next major move. Related Reading: Cardano Bulls Eye $10 Target – Analyst Reveals Key Levels To Break However, despite the ongoing sell-off, key on-chain data from CryptoQuant suggests that Bitcoin could be setting up for a recovery rally. The Cumulative Value Days Destroyed (CVDD) indicator, a metric that tracks long-term holder behavior and capital inflows, suggests that BTC could soon enter a new uptrend. If Bitcoin stabilizes and reclaims key support levels, it could pave the way for a rally toward a new all-time high of $128,000. With Bitcoin at a critical inflection point, the next few trading sessions will be crucial in determining whether BTC can regain momentum or if further downside is ahead. Investors are now closely watching whether selling pressure continues or if long-term holders step in to accumulate, signaling a potential market rebound. Bitcoin Insights Give Hope To Bulls Bitcoin is at a critical juncture, facing a serious risk of continued correction as bearish sentiment grips the market. Many analysts now believe that the Bitcoin bull cycle may be over, as BTC struggles below $85,000 while barely holding above $80,000. With selling pressure intensifying, investors are expecting another leg down, potentially pushing BTC into lower demand zones. Despite the negative outlook, some analysts argue that a recovery is still possible if Bitcoin can reclaim key levels. Top analyst Ali Martinez shared insights on X, stating that if BTC reclaims $84,000 as support, it could open the path toward a rally to a new all-time high of $128,000. This suggests that while the market remains fragile, there is still potential for Bitcoin to regain strength if bulls step in at critical price points. The coming weeks will be crucial in determining the strength or weakness of this cycle. If BTC continues to struggle below key resistance levels, a deeper correction could follow, reinforcing bearish sentiment. However, if bulls manage to push BTC back above $84K, it would indicate a shift in momentum, potentially reigniting the uptrend. Related Reading: Ethereum Breaks Out Of Descending Triangle Pattern – Fakeout Or Recovery Rally? With uncertainty dominating the market, traders are closely watching BTC’s next move, as its ability to hold or reclaim support levels will determine whether this cycle is truly over or if another rally is still on the horizon. BTC Struggling Below $85K Bitcoin has faced massive selling pressure, with the most significant drop occurring on Sunday, when the price plunged from $86,000 to $80,000, marking a 7% decline in just hours. This sharp downturn has fueled panic selling as investors remain uncertain about Bitcoin’s short-term direction. For bulls to regain control, BTC must reclaim the $86,000 level and push above $90,000 to confirm a potential recovery rally. A strong move past these key resistance levels could restore confidence in the market, signaling that Bitcoin’s correction phase might be nearing its end. However, failure to break above $86K could keep Bitcoin under bearish control, increasing the risk of another leg down. If BTC drops below $80,000, it could test the $78,000 low, a level that, if breached, may lead to further downside pressure. Related Reading: 330,000 Ethereum Withdrawn From Exchanges In 72 Hours – Supply Squeeze Incoming? With Bitcoin at a critical turning point, the next few trading sessions will determine whether bulls can reclaim key levels or if bears will continue to dominate the market, pushing BTC into deeper correction territory. Featured image from Dall-E, chart from TradingView
The Cayman Islands has updated its cryptocurrency regulatory framework with the introduction of new licensing rules set to take effect on April 1, 2025. Under the recently approved Virtual Asset (Service Providers) (Amendment) Regulations, 2025, all entities offering virtual asset custody and trading platform services in or from the islands will be required to obtain […]
Spain’s second-largest lender will allow its clients to buy, sell and manage cryptocurrencies on its mobile banking app.
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Bitcoin sees a bigger US dollar drop in a single week than ever before as risk-asset traders run for the exit.
El Salvador’s President Nayib Bukele stated that the nation will not stop hoarding bitcoin after the infamous IMF deal, and the bitcoin office claims it is still purchasing bitcoin. However, statements made by IMF spokespersons indicate that these recent additions are consistent with the stipulations of the deal. So, what’s happening? IMF Hints at Asset […]
Bitcoin’s price endured another bout of volatility over the weekend, shedding 5% on Sunday to dip below the $80,000 mark, before settling near $82,000. This latest decline places the cryptocurrency roughly 25% below its all-time high of $109,900. Analysts attribute the downturn to ongoing trade tensions—linked to President Donald Trump’s latest tariff measures—and the fears of a looming recession. Meanwhile, a weakening US Dollar Index (DXY), which has fallen from 110 to 103 since mid-January, coinciding with Trump’s second term in office and could be a potential bullish catalyst for the Bitcoin price. In a series of posts on X, Jamie Coutts, Chief Crypto Analyst at Realvision, offers a look at the current market environment, highlighting two key metrics that could shape central bank policy—and, by extension, Bitcoin’s trajectory. “Bitcoin is like playing a game of Chicken with central banks,” Coutts writes. Related Reading: This Bitcoin Signal Aligns With Price Tops, CryptoQuant Analyst Reveals He explained that while the dollar’s recent decline supports a bullish framework for Bitcoin, rising Treasury bond volatility (tracked by the MOVE Index) and widening corporate bond spreads are causing concern: Coutts emphasized the role of US Treasuries as the global collateral asset. Any spike in their volatility, he argued, forces lenders to impose larger haircuts on collateral, tightening liquidity. “Rising volatility forces lenders to apply haircuts on collateral, thereby tightening liquidity. […] Above 110 [on the MOVE Index] and I suspect there will be a few concerns at the central planner levels.” Over the past three weeks, US investment-grade corporate bond spreads have been widening, a shift Coutts views as a signal that risk assets—including Bitcoin—could face pressure: “This suggests that the demand keeping yields compressed relative to Treasuries is fading—and further widening could be negative for risk assets.” Despite these cautionary flags, Coutts remains optimistic about Bitcoin’s medium-term prospects, primarily due to the dollar’s “rapid decline.” He noted that the dollar’s drop in March—one of the most significant monthly dips in 12 years—historically has coincided with bullish inflection points in Bitcoin’s price. According to his research, “They have all occurred at Bitcoin bear market troughs (inflection points) or mid-cycle bull markets (trend continuations).” Related Reading: If This Happens, Bitcoin Price Will Shoot To $140,000, Says Analyst While acknowledging the limited historical dataset for Bitcoin, Coutts also cited key catalysts he believes could propel the digital asset higher: Nation-State Adoption: “A global nation-state race is underway,” Coutts wrote, describing a scenario in which countries either include Bitcoin in their strategic reserves or ramp up mining efforts. Corporate Accumulation: He points to the possibility of companies—particularly Strategy (MSTR)—adding 100,000 to 200,000 BTC this year. ETF Positions: Exchange-traded funds may “double their positions,” further driving institutional inflows. Liquidity Dynamics: In Coutts’s words, “The Spice Must Flow.” Coutts also mentioned that Bitcoin appears to be “filling a big gap” and reiterated his view that a slide below the high-$70,000 range would signal a fundamental market shift. Meanwhile, he sees central bankers edging closer to possible intervention as Treasury volatility and credit spreads climb: “If Treasury volatility and bond spreads keep rising, asset prices will continue their decline. Meanwhile, this will likely push the central planners to act.” In closing, Coutts offered a concise summary of why he believes Bitcoin is effectively locked in a showdown with central banks: “Think of Bitcoin as a high-stakes game of chicken with the central planners. With their options dwindling—and assuming HODLers remain unleveraged—the odds are increasingly in the Bitcoin owner’s favor.” For now, the world’s largest cryptocurrency appears to be treading a line between macroeconomic headwinds—highlighted by a volatile bond market—and the tailwinds of a weakening dollar. Whether Bitcoin continues to retreat or resumes its long-term ascent will likely depend on how global policymakers respond to mounting bond market pressures—and whether holders are prepared to keep playing “chicken” with the central planners. At press time, BTC traded at $82,091. Featured image created with DALL.E, chart from TradingView.com
