
TL;DR Although bitcoin’s price tumbled by over 20% since its January all-time high and is currently nowhere near it, a crucial metric shows that the actual cycle peak is not here yet. In terms of entry prices, though, one analyst cautioned that the current levels might not be optimal. No Peak Yet? After hitting an all-time high on January 20 this year at over $109,000, bitcoin’s price started to lose value gradually until the end of the month and then nosedived following the global economic uncertainty prompted by US President Trump’s controversial approach. The culmination came last week when BTC tumbled below $75,000 for the first time in five months. This meant that the asset had lost nearly $35,000 in less than three months. This split the community into those who believe the bull market has come to a screeching halt and those who rely on history to be more optimistic, suggesting that such substantial corrections have occurred during all previous cycles. But there are only that—corrections, and BTC will persevere. Ali Martinez, a crypto analyst with over 135,000 followers on X, brought another key metric that could support the latter. It still relies on historical performance, but it’s not focused on the technical aspects. Instead, it measures the retail activity as BTC tends to peak after a massive influx of such investors. So far, there hasn’t been a big retail wave. This is evident from the lack of Google searches as well as the missing “retail activity through trading frequency surge.” #Bitcoin $BTC market tops have historically aligned with surges in retail activity. The move from $70,000 to $110,000 lacked that, echoing the late 2021 setup. pic.twitter.com/rVJPUTpXZC — Ali (@ali_charts) April 18, 2025 Martinez noted that the current cycle resembles the 2021 run when BTC peaked in April, only to break that high at the end of the year. Don’t Rush to Buy Although history suggests there might be more gains on the horizon for BTC, Martinez published another chart that suggests investors should maybe be more patient before allocating funds to the largest digital asset. This is because of the Bitcoin Exchange inflow volume, a metric used to “spot strong entry points.” #Bitcoin $BTC exchange inflow volume momentum is a key metric for spotting strong entry points. For now, it’s signaling patience. We’re still waiting for the right opportunity to step in. pic.twitter.com/NSS1fZcHMl — Ali (@ali_charts) April 19, 2025 This essentially confirms a previous report by Glassnode, which read that the BTC market is now in a “ wait-and-see ” phase. The post Is Bitcoin’s Bull Market Just Getting Started? This Crucial Metric Says So (Details) appeared first on CryptoPotato .
Crypto Potato
You can visit the page to read the article.
Source: Crypto Potato
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.
JPMorgan CEO Confirms Bitcoin Spot Trading Launch as Traffic to Crypto Educational Portal Soars 400%

In a recent announcement by Rick Wurster, the CEO of JPMorgan Wealth Management, Bitcoin spot trading is set to commence in mid-April 2026. This move is noteworthy as it reflects Crypto Potato

The 3 Cryptos to Watch Closely Today – Hyperliquid (HYPE), Filecoin (FIL) & Gala (GALA)
Three cryptocurrencies have captured significant attention and are poised for potential growth. Hyperliquid (HYPE) , Filecoin (FIL) , and Gala (GALA ) are drawing eyes from enthusiasts and investors alike. Delving into their current performance could reveal exciting trends and opportunities. Discover why these digital assets are generating buzz in the crypto community today. Hyperliquid Surges with Over 80% Growth in Six Months Hyperliquid posted a one-month gain of 15.84% and an impressive six-month surge of 80.84%. A one-week jump of 15.12% highlights rapid increases over short periods. The coin’s performance shows consistent upward momentum and rising investor interest. These gains indicate strong buying activity, suggesting that the coin has established a solid foundation for potential future moves. The coin currently trades between $9.68 and $18.70, with key support at $6.38 and resistance at $24.40, while a second resistance forms at $33.41. Indicators reflect a slight bullish tilt with an RSI near 64 and positive momentum. Traders might look to enter near support or aim for a breakthrough above the first resistance to capture further upside potential. Filecoin Faces Pressure Amid Significant Price Drops Filecoin experienced a sharp decline, with a 19.63% drop over the past month and a 37.53% fall during the last six months. A minor rebound of 1.43% over the week hints at brief recovery attempts, yet the overall trend remains decidedly bearish. Price performance over these periods shows mounting pressure and a persistent challenge to regain previous highs. The coin currently trades between $2.29 and $3.44, with key support near $1.79 and resistance at $4.10. Bearish signals dominate as oscillators and momentum indicators remain weak and the RSI hovers below bullish levels. Traders might look for opportunities to enter positions within these bounds, awaiting clear directional moves beyond the identified support or resistance levels. GALA Price Insights Amid Recent Corrections The past month GALA saw a drop of around 16.57%, while the six-month trend carried a steeper decline of roughly 36.66%. Weekly gains near 8.19% hint at some short-term recovery after a prolonged downward phase. Prices linger between $0.0118 and $0.0203, reflecting a mixed performance over recent periods that has kept investors cautious despite intermittent rallies. Current price levels face nearby resistance at $0.0257 and solid support at $0.0087, with a secondary resistance around $0.0342. The balanced RSI near 50.85 and technical indicators suggest neutral to slightly bearish sentiment. A cautious approach trading between these key levels may be favored, with buyers waiting for a bounce at support and sellers guarding potential resistance. Conclusion HYPE , FIL , and GALA show strong potential today. HYPE is gaining traction for its innovative features. FIL continues to grow due to its unique storage solutions. GALA draws attention with its gaming ecosystem. These coins are worth keeping an eye on for their promising developments and market performance. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Crypto Potato