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The Bitcoin price is approaching the $100,000 level again after experiencing significant declines these past weeks. A crypto analyst has pointed out that the critical resistance level at $99,800 is crucial for Bitcoin’s next move. If the pioneer cryptocurrency can break through this level, it could trigger a significant breakout, potentially propelling Bitcoin past the $100,000 mark. Related Reading: Ethereum To Outpace Solana In 2025, Bitwise CIO Asserts Bitcoin Price Faces Resistance At $99,800 Prominent crypto analyst Ali Martinez has shared a chart showing an In/Out of the Money Around Price (IOMAP) analysis of the distribution of Bitcoin wallets based on their purchase price. According to the analyst, the Bitcoin price is facing extreme resistance between the $97,500 and $99,800 price levels as it tries to breach $100,000 again. Martinez noted that around this price range, approximately 923,890 wallet addresses had purchased over 1.19 million BTC. This price zone acts as an important resistance level because many Bitcoin holders may look to sell and break even, potentially exerting selling pressure. In the IOMAP chart shared by Martinez, the green dots that signal ‘In the Money’ represent price levels below the current Bitcoin price, where wallet holders are in profit because they bought BTC at a lower value. On the other hand, the red dots that represent ‘Out of the Money’ show price levels of Bitcoin’s present value, where wallet holders are at a loss because they bought BTC at a higher price. Lastly, the white dot indicates ‘At the Money’ and represents the current price of Bitcoin at an average of $98,676, where some crypto wallets see neither profit nor loss. Below Bitcoin’s current price, the chart shows strong buying zones, which could provide strong support if the pioneer cryptocurrency experiences a potential pullback. Martinez has forecasted that breaking through the critical resistance range between $97,500 and $99,800 would signal the start of a bullish rally for Bitcoin, potentially leading it to a new all-time high. Currently, the Bitcoin price is trading at $98,652, steadily rising to return to previous highs above $100,000. To a new all-time high, Bitcoin will have to surge by over 7%, surpassing its present ATH above $104,000. Related Reading: Dormant PEPE Whale Awakens, Moves 2.1 Trillion Tokens Worth $52 Million Bitcoin’s Biggest Gains To Come After Christmas A popular crypto analyst identified as the ‘Crypto Rover’ has expressed optimism about Bitcoin’s near-term price potential this Q4. According to the analyst, Bitcoin has historically experienced its most significant gains right after Christmas during the halving years. The analyst shared a price chart showing Bitcoin’s market performance during each halving cycle. In the 2012 halving year, Bitcoin started a significant price rally, which extended into the following year. The same bullish trend occurred in the next halving years in 2016 and 2020, with Bitcoin hitting exponential price highs. Based on this historical trend, Crypto Rover projects that Bitcoin could witness a similar bullish surge before the end of 2024, with the rally potentially continuing into 2025. Featured image from Bloomberg Images, chart from TradingView
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Cardano Eyes $6 As ADA, DOGE and RBLK Attract Unprecedented Whale Interest
The post Cardano Eyes $6 As ADA, DOGE and RBLK Attract Unprecedented Whale Interest appeared first on Coinpedia Fintech News Whales are rebalancing their portfolios for a blistering year ahead, with Cardano (ADA), Dogecoin (DOGE) and Rollblock (RBLK) at the top of most lists. Many whales are talking about Cardano’s potential rally to $6, but they are most excited about crypto casino Rollblock’s 1000% potential. This top altcoin has created a next-generation online gambling experience and is looking at explosive growth when its crypto presale ends. Rollblock Tops Whale Interest With Enormous Revenue Potential Rollblock is a revolutionary next-generation GambleFi protocol set to disrupt the $500 billion casino industry. The global gambling industry is ripe for a blockchain technology revolution, with a rapidly increasing share of this revenue moving online each day. Legacy online gambling sites are still slow, dull and riddled with red tape and hidden fees. Rollblock’s casino of more than 7,000 games and sports betting is changing this. Rollblock’s platform operates on the blockchain, which means fast, seamless and transparent access from anywhere in the world through over 20 different crypto tokens. Rollblock has also enhanced the player experience through the latest in UX design and a community-focused approach. This community focus includes a generous suite of rewards programs and fresh events each month. However, its most important element is its game-changing profit-sharing system. Rollblock’s system works through buybacks that employ a portion of the casino’s weekly revenue. These buybacks share profit back with the community through either burn events that increase RBLK’s value or through staking rewards that are competitive with current industry standards. $RBLK tokens are currently selling out fast during stage nine of its presale, with tokens valued at $0.043. With early investors already seeing returns of over 300% experts are making extremely bullish predictions of over 800% returns going into 2025. Cardano Midnight Upgrade Sets Course for $6 by 2026 Cardano is also seeing massive whale interest thanks to its imminent Midnight upgrade. The Midnight upgrade will see Cardano build a sidechain dedicated to processing transactions that limit public information. This will make Cardano the ideal platform for DeFi applications that need to confirm transactions while hiding the details involved. The Cardano price is expected to increase to over $6 by 2026 on this rapid DeFi expansion. This would be an over 500% increase from the current price and more than double its all-time high from 2021. Dogecoin to Be Meme Coin of 2025 Thanks to Trump Presidency The Dogecoin price is expected to continue its association with Elon Musk and the Donald Trump presidency in 2025. This association could send the Dogecoin price as much as 1000% higher as Trump and Musk dominate the headlines for the year. Dogecoin has been the top meme coin destination for crypto enthusiasts looking to celebrate Trump’s win and Musk’s creation of the Department of Government Efficiency. This association already took Dogecoin 500% higher in November with Dogecoin currently trading at $0.2892. Rollblock Top Altcoin for Crypto Whale Portfolios in 2025 While Dogecoin and Cardano look promising for 2025, Rollblock is the undisputed top altcoin for crypto whales. With experts predicting a huge 100x rally out of its crypto presale, Rollblock is being added to whale portfolios now before it is too late. Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino NewsBTC
Is It Too Late to Buy Bitcoin? Robert Kiyosaki Says No—Warns of Looming Financial Crash
Is it too late for bitcoin? Robert Kiyosaki signals urgency, pointing to bitcoin, gold, and silver as the best defense against a looming financial collapse. Too Late to Get Rich With Bitcoin? Kiyosaki Says the Door Is Open—But Not for Long Robert Kiyosaki, the author best known for co-authoring Rich Dad Poor Dad alongside Sharon NewsBTC
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Render: Can whales push RNDR to $8.13 after a 40% dip?
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