
Popular crypto analyst Tony Severino has shared a bold take on the current Bitcoin (BTC) market structure. The chartered market technician has stated that the Bitcoin bull market remains active unless the price falls below a specific level. Notably, Bitcoin saw a heavy correction after hitting a peak price of $109,000 in January. Over the last three months, the premier cryptocurrency has traded as low as $74,000, representing a devaluation of over 32.5%. Although there has been a notable price bounce in April, an ever-present market uncertainty means speculation remains abound on the viability of the present bull cycle. Related Reading: Bitcoin Dominance At Risk Of Crash To 40%, Why This Is Good For Ethereum, XRP, And Altcoins $49,000 As Key Price Level For Bitcoin – Here’s Why In an X post on April 18, Severino has identified the $49,000 price region as the make-or-break zone for the Bitcoin market. With the help of a weekly trading chart, Severino highlights that Bitcoin remains on an ascending trendline stretching as far back as Q3 2023. An ascending trendline represents a sustained uptrend in price action, typically confirmed by the formation of successive higher highs and higher lows. It typically demonstrates a persistent buying pressure and sufficient underlying demand, thus ensuring a prolonged price rally. Generally, the higher lows reflect the strength of an ascending trend. Therefore, any fall below the previous higher low undermines the bullish momentum and indicates a likely change in market sentiment. According to Severino’s chart, the last higher low on Bitcoin’s ascending trendline stands at $49,140. Therefore, this level represents a key support region, any price fall below which would invalidate the present bull run and signal a new market cycle. At the time of writing, Bitcoin remains in consolidation trading between $83,000 and $86,000 as seen over the past week. The market appears to be finding stability with accumulation now on the rise. Amid the US 90-day pause on new tariffs, the likelihood of a sharp downside catalyst is relatively low. However, the potential for a decisive price breakout remains uncertain, as broader market sentiment continues to face key resistance barriers at $86,000 and $91,000 price regions. Related Reading: Brace For Impact: Dogecoin May Plunge Before Skyrocketing 400%—Analyst Bitcoin Price Forecast At press time, Bitcoin is trading at $85,312, reflecting a price gain of 0.91% in 24 hours. Interestingly, the asset’s trading volume is up 19.77% and valued at $15.26 billion. According to price prediction firm Coincodex, market sentiment among investors is neutral. However, there remains a significant level of caution with the Fear & Greed Index standing at 37. In forecasting Bitcoin fortunes, Coincodex anticipates a full bullish market reversal with projections of $108,296 in five days and $111,236 in a month. Featured image from Adobe Stock, chart from Tradingview
NewsBTC
You can visit the page to read the article.
Source: NewsBTC
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
BIG Crypto News! XRP, SOLANA, and MAGACOINFINANCE Could Be the Best Plays for 2025!

XRP continues to maintain its position in global fintech, and Solana has emerged as a speed-centric blockchain with growing developer loyalty. Together, these two projects still dominate altcoin discussions heading into 2025. But while legacy names like Bitcoin and Ethereum provide stability, investors are shifting some of their attention toward opportunities with higher upside potential. And at the heart of that discussion is MAGACOINFINANCE , a project rapidly gaining traction—and being called one of the most compelling altcoins in the current cycle. PRESALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE – 62x Analyst Modeling Drives Fresh Interest Investor models tracking early-stage momentum have recently placed MAGACOINFINANCE in a special category—one reserved for breakout candidates with unpriced potential. Based on a blend of user growth curves, token distribution behavior, and historical launch-phase movement, analysts are now forecasting a 62x ROI path . Why this much confidence? Growth velocity : Wallet creation and site traffic up significantly month over month Market psychology : Sentiment among early adopters mirrors previous cycle leaders Data confirmation : Repeating technical signals seen before 2021’s major altcoin runs Rather than relying on surface-level hype, MAGACOINFINANCE is producing tangible signals of long-term engagement. Its capped supply, structured rollout, and growing presence on influencer radars give it the kind of energy often found right before a major move. THIS IS YOUR 6,250% OPPORTUNITY – ACT NOW – JOIN EARLY ROI Outlook – Coin Comparisons Bitcoin remains a foundational store of value, but its growth rate is now more aligned with the broader macro environment. Ethereum still drives Layer-1 adoption but has largely transitioned into a scaling and infrastructure asset. Aptos is building with a performance-first mindset, but its user base is still relatively niche. Injective continues to innovate in decentralized trading but is facing a competitive liquidity environment. In this landscape, MAGACOINFINANCE provides something distinct— 62x potential at the early discovery phase. That rare intersection of low market saturation and rising retail interest is exactly what analysts watch for when identifying breakout-ready projects. GET 50% EXTRA BONUS-USE CO-DE MAGA50X-LIMITED TIME OFFER Final Word on the Market Ripple and Solana have set the pace in previous cycles, and they continue to perform. Bitcoin, Ethereum, Aptos, and Injective all offer reliable value in today’s ecosystem—but for those seeking high-growth plays, MAGACOINFINANCE stands apart. With a 62x projection and rising entry momentum, it may be one of the strongest early-phase altcoin stories heading into 2025. To learn more about MAGACOINFINANCE, please visit: Website: https://magacoinfinance.com Pre-sale: https://magacoinfinance.com/presale Twitter/X: https://x.com/magacoinfinance Continue Reading: BIG Crypto News! XRP, SOLANA, and MAGACOINFINANCE Could Be the Best Plays for 2025! NewsBTC

XRP, ETH & SOL Institutional Funds Record Inflows, BTC Plummets
Crypto assets extended losses last week as sell pressure gripped investors. Overall, institutional sales remained strong due to high Bitcoin (BTC) numbers, although altcoins traded in the opposite direction. Analysts expect a surge in altcoins like XRP, Solana (SOL), and Ethereum (ETH) with the influx of fresh institutional capital. This month, the wider market has traded sideways, wiping out previous gains. Altcoins Outpace Bitcoin Data from CoinShares Digital Asset Weekly Flows shows a general bearish sentiment in crypto assets last week. XRP institutional inflows gained $38.3 million in the previous seven days, up from monthly inflows of $68.9 million. This increase comes despite a major market selloff, restating bullish sentiments. XRP became an institutional favorite last year after speculation about a major price jump due to certain factors. Large-scale investors flock around altcoins linked to a spot ETF, as seen in Ethereum last year. These products are huge market drivers, opening up a new investment window for traditional players. XRP whales accumulated assets after institutional signals continued to soar. Aside from ETFs, an easing in US regulations set the tone for larger inflows. Following Donald Trump’s victory, XRP price soared from under the $1 mark to $3, hitting levels not seen in months. The asset temporarily displaced USDT as the third-largest crypto after its market cap soared above $140 billion. Currently, year-to-date (YTD) flows to XRP stand at $200 million due to a bullish January. Ethereum recorded $3.7 million in inflows, a slight increase compared to the total monthly gain of $789 million. This follows a sharp price drop below the $2,700 level after the infamous Bybit incident. YTD inflows are now over $984 million, with bulls looking to extend figures past the $1 billion mark. Solana and Cardano posted $9 million and $0.1 million inflows, respectively. Bitcoin Products Fall Short Bitcoin was the most affected digital asset from last week’s negative trading. Institutional exits totaled $571 million while overall net flows hit $508 million. Recent poor performance lowered sentiment as the price dipped below $100K. At this level, BTC traders hope to recover lost positions, but global macro factors pose a threat to bulls. “ We believe investors are exercising caution following the US Presidential inauguration and the consequent uncertainty around trade tariffs, inflation, and monetary policy. This is also evident in trading turnover, which has fallen considerably from US$22bn 2 weeks ago to US$13bn last week.” NewsBTC