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Bitcoin Bullish Momentum Builds as Analysts Eye Surge and Sentiment Soars

Bitcoin is showing signs of a potential breakout, with historical patterns, rising sentiment, and cooling profit-taking suggesting the next leg up. Meanwhile, XRP faces headwinds from whale sell-offs.

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What we will talk about today...

Bitcoin Mirrors 2024 Breakout Pattern, Eyes 50% Rally

Crypto Market Sentiment Flips to ‘Greed’ as Prices Rise

XRP Whales Dump $1.9B, Risk of 30% Price Drop Looms

Bitcoin Short-Term Sellers Ease as Market Stabilizes

Satoshi’s Bitcoin Utility Statement Turns 15

Bitcoin Mirrors 2024 Breakout Pattern, Eyes 50% Rally

Bitcoin may be repeating a 2024 breakout that led to a massive price run-up.

  • Historical echo: Current market structure resembles the late-2024 rally that took BTC from $70K to over $108K.

  • Key support test: BTC is retesting a support trendline, a repeat of this setup previously sparked price discovery.

“Last time it looked like this it was before the run from $70k to $100k.” Galaxy, crypto trader

Crypto Market Sentiment Flips to ‘Greed’ as Prices Rise

Bitcoin’s modest price bump revives bullish mood across the market.

  • Sentiment recovery: Fear & Greed Index jumps to 62 ("Greed") after Bitcoin rebounds above $114K.

  • Analysts bullish: Traders eye $125K BTC, citing past price behavior and current consolidation.

Big investors are buying this “unlisted” stock

When the founder who sold his last company to Zillow for $120M starts a new venture, people notice. That’s why the same VCs who backed Uber, Venmo, and eBay also invested in Pacaso.

Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties, revamping the $1.3T vacation home market.

And it works. By handing keys to 2,000+ happy homeowners, Pacaso has already made $110M+ in gross profits in their operating history.

Now, after 41% YoY gross profit growth last year alone, they recently reserved the Nasdaq ticker PCSO.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

“Bitcoin is back to resistance… This test should likely bring the bullish breakout.”

Michael van de Poppe, MN Trading Capital

XRP Whales Dump $1.9B, Risk of 30% Price Drop Looms

Major holders offload XRP, raising alarms for a steep correction.

  • Whale exodus: 640M XRP sold since July, valued at $1.91B, mostly during price rallies.

  • Momentum divergence: RSI falling while price rises is a classic red flag for trend reversal.

  • Support watch: XRP must stay above $2.65 to avoid a plunge to $2.

“At present, there is no sign of consistent accumulation from large holders.”

Enigma Trader, CryptoQuant

Bitcoin Short-Term Sellers Ease as Market Stabilizes

Profit-taking cools off as Bitcoin holds near $115K.

  • Less selling pressure: Glassnode reports STH profit-taking volume drops to 45%, signaling a “balanced” market.

  • Outlook strong: Analysts view this phase as consistent with mid-stage bull markets.

“Many recent top buyers and ‘weaker’ hands are selling around their buy-in price and saying ‘get me out.’”

Checkonchain

Satoshi’s Bitcoin Utility Statement Turns 15

A pivotal moment in Bitcoin history is remembered.

  • Historic quote resurfaces: Satoshi’s 2010 message predicted Bitcoin exchanges would outweigh energy costs.

  • Enduring relevance: The quote “not having Bitcoin would be the net waste” remains a cornerstone for BTC advocates.

“Therefore, not having Bitcoin would be the net waste.”

Satoshi Nakamoto, August 7, 2010

CAN YOU PREDICT THE PRICE?

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results