1 days ago
A widely followed crypto strategist believes that Bitcoin ( BTC ) can take the path of higher for longer this market cycle. Pseudonymous analyst Jack tells his 268,200 followers on the social media platform X that he thinks Bitcoin will not print a new all-time high this year after US President Donald Trump instigated a global trade war and created uncertain market conditions. The trader shares a chart suggesting that Bitcoin will create a durable bottom between $66,000 and $80,000 for the rest of the year before launching a new bull run in 2026. “Trump path clearly is contraction for now. But in that world of less globalization and trust, Bitcoin is a good asset to have, becoming a ball held under water. Similar to how 2013 saw a short bear [market].” Source: Jack/X Looking at the trader’s chart, he appears to suggest that Bitcoin will rally to as high as $297,000 by November of 2026. Jack says that one catalyst that could send Bitcoin flying is the potential capital rotation from gold to BTC. According to the trader, gold investors will eventually come to know that Bitcoin is far better than the precious metal as a safe-haven asset. “What if Gold is trading like it is because everyone is scrambling to redeem paper for physical, of which there is a scarcity, vs. all the paper that has been issued, essentially catching up to its true value that has been diluted with paper Bitcoin doesn’t have this issue and will rally once people realize it is the better alternative for trade due to this very specific property.” “Paper” gold refers to financial instruments that allow investors to gain exposure to the precious metal without having to deal with the expenses or logistics of physically possessing the commodity. Jack appears to be highlighting Bitcoin’s portability as BTC holders can easily store, access and transfer their coins as long as they have the keys to their wallet. At time of writing, Bitcoin is trading for $84,244. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Trader Unveils Massive Bitcoin Price Target Amid Extended BTC Bull Market – Here’s His Outlook appeared first on The Daily Hodl .
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Bitcoin (BTC) monster crash alert
Bitcoin ( BTC ) rallied 7.41% in the last seven days and is, at press time on April 15, changing hands at $85,753. The week also featured two dramatic moves, with the first seeing a plunge near $75,000 and the other a subsequent 15% recovery. BTC one-week price chart. Source: Finbold Despite the positivity, the world’s premier cryptocurrency appears poised for another downward shift. Technical analysis ( TA ) based on both the hourly and four-hour charts indicates a correction is imminent. Specifically, the prominent on-chain analyst Ali Martinez issued a cautionary X post on April 15, warning that TD Sequential is flashing a sell signal: Caution ahead! The TD Sequential is flashing sell signals for #Bitcoin $BTC on both the 1-hour and 4-hour charts. TD Sequential issues Bitcoin crash signal. Source: Ali Martinez TD Sequential is a technical analysis tool that uses an asset’s performance over time to determine whether the prevailing trend will persist or if a reversal is in order. It was first described by the famous analyst Tom DeMark in his 1994 book ‘The New Science of Technical Analysis.’ How low will Bitcoin crash? Though Martinez offered no insights into how low BTC might fall, his previous analyses reveal two important levels to monitor. On April 14, he warned that investors accumulated 96,580 BTC at $82,024, rendering the price point an important support zone . In an April 13 post, Martinez explained that $79,000 is another important Bitcoin support level. The most critical support for #Bitcoin sits at $82,024, where 96,580 $BTC were previously accumulated. A level worth watching closely! pic.twitter.com/LJwGU9lsvc — Ali (@ali_charts) April 14, 2025 Still, previous performance demonstrates that falling to $75,000 is not an unrealistic prospect, with a greater downside also being possible as, in recent weeks, the world’s flagship digital asset has, on multiple occasions, plunged to new 2025 lows. Simultaneously, a drop below $80,000 appears exceptionally unlikely, barring new adverse external developments, as previous downturns have, for the most part, been driven by macroeconomic headwinds such as the Liberation Day tariffs. Why Bitcoin could rally instead Lastly, as Finbold reported on April 14, the current bullish momentum has enabled BTC to close above its 50-day moving average ( MA ) on Saturday for the first time since early February, making a retest of the $99,500 resistance possible. However, the bullish scenario is far from guaranteed in large part thanks to overall market sentiment being profoundly shaken, increasing the odds of traders selling on smaller upward moves to evade losses in possible future deep retracements. Featured image via Shutterstock The post Bitcoin (BTC) monster crash alert appeared first on Finbold . The Daily Hodl
Chainlink (LINK) Price: Key Level Defense in Focus for Traders
Chainlink (LINK), a key player in the decentralized oracle network space, is currently navigating a market phase where its price is nearing a significant support level. Market analysts are closely watching this juncture, emphasizing that the defense of this level will be crucial in determining the short-term trajectory of LINK. Identifying the Key Support Level … Continue reading "Chainlink (LINK) Price: Key Level Defense in Focus for Traders" The post Chainlink (LINK) Price: Key Level Defense in Focus for Traders appeared first on Cryptoknowmics-Crypto News and Media Platform . The Daily Hodl
