9 hours ago
The Bitcoin price has been in a red-hot form over the past two weeks, leading to talks of the premier cryptocurrency reclaiming the significant $100,000 mark. Interestingly, the latest on-chain data suggests that the price of BTC could fly past this level and forge a new all-time high over the coming weeks. What Will Happen If Bitcoin Price Falls Beneath $93,145? In an April 26 post on X, popular crypto analyst Ali Martinez shared an exciting analysis and projection for the Bitcoin price over the next few weeks. According to the online pundit, the flagship cryptocurrency could be on its way to as high as $131,800 so long as it stays above a critical support level. Related Reading: Bitcoin Sees Highest Exchange Outflows In 2 Years, What This Means For Price This projection is based on the Short-Term Holder (STH) Cost Basis, which measures the average price at which recent investors — typically defined as wallets holding Bitcoin for less than 155 days — acquired their coins. This metric often offers insight into the sentiment of short-term investors and can act as a relevant psychological support or resistance level. When the Bitcoin price is above the STH Cost Basis, it typically signals bullish momentum among short-term market participants. On the other hand, a sustained break beneath this metric could trigger increased selling pressure, as short-term holders are known for their speculative and reactive nature. According to data from Glassnode, the Short-Term Holder Cost Basis currently stands around $93,145, which represents a crucial support level for the Bitcoin price. Martinez noted that the premier cryptocurrency needs to hold above this support to make a run to a new all-time high price of $131,800. However, Martinez warned that if the Bitcoin price fails to defend the $93,145 support cushion, this could open the door to a broader correction. In this case, the market leader may suffer a deep price pullback toward the next major support level around $71,150 — an almost 25% decline from the current price point. As of this writing, the price of Bitcoin stands around $94,410, reflecting a 0.6% decline in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is up by more than 10% on the weekly timeframe. Could BTC Whales Provide The Needed Bullish Impetus? In a separate post on X, Martinez revealed that the Bitcoin whales have been getting busy in the market, loading up their bags following the recent price rally. Whales are significant market participants due to their substantial holdings and also their often informed trading decisions and positions. Related Reading: Bitcoin Perpetual Swaps Signal Short Bias Amid Price Rebound – Details Data from Santiment shows that Bitcoin whales (holding between 1,000 – 10,000 coins) bought over 20,000 BTC in the last 48 hours. With this increased buying activity from large investors, the Bitcoin price might get the needed momentum to attempt a run at a new all-time high. Featured image from iStock, chart from TradingView
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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.
MAGACOINFINANCE.COM, XRP, SOLANA, and BITCOIN Are Consolidating Positions
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$2K Could Expand Rapidly for BITCOIN, XRP, and MAGACOINFINANCE.COM Investors
In every market cycle, a few strategic moves define the biggest wins. As Bitcoin (BTC) continues to solidify its dominance and XRP holds firm in payment corridors, another name is rising fast into early-stage conversations: MAGACOINFINANCE . Those who understand crypto momentum know it’s not about following headlines—it’s about recognizing strength before the masses do. MAGACOINFINANCE Is Building Early Momentum in 2025 What makes MAGACOINFINANCE stand out is its organic, disciplined expansion. Wallet growth is consistent. Community traction is rising. Analyst circles are beginning to track its movement before listings fully open the gates to broader investors. Much like the early phases of Bitcoin’s rise or XRP’s initial positioning, MAGACOINFINANCE is operating in that rare window—where real long-term gains are forged quietly. Other Big Movers: LINK, ETH, ARB, and INJ Chainlink (LINK) continues leading decentralized oracle solutions, connecting real-world data with smart contracts. Ethereum (ETH) remains the backbone of decentralized finance and smart contract innovation. Arbitrum (ARB) is scaling Ethereum through high-speed, low-cost Layer-2 solutions. Injective (INJ) is empowering decentralized trading ecosystems across Web3 markets. While these projects deliver tremendous value, MAGACOINFINANCE stands out today for what few others offer: early access before the next surge in exposure. Final Word In crypto, timing defines outcomes more than anything else. As Bitcoin and XRP continue to strengthen their global impact, MAGACOINFINANCE is quietly building the foundation for one of 2025’s biggest opportunities. The smartest moves happen before the world catches on—and right now, this is one of those rare windows. Join the Presale Now at MAGACOINFINANCE.COM SMART INVESTORS ARE ALREADY IN — ARE YOU? For more information, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: $2K Could Expand Rapidly for BITCOIN, XRP, and MAGACOINFINANCE.COM Investors NewsBTC
