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- Bitcoin Eyes $87K Amid Strong Holder Conviction
Bitcoin Eyes $87K Amid Strong Holder Conviction
Bitcoin finds solid support at $80K, with strong on-chain holder behavior and bullish technicals suggesting a move toward $87K, possibly $100K next.
What we will talk about today...
Crypto billionaire sees breakout ahead as BTC rebounds strongly.
Solana Soars on ETF Hopes and Market Momentum
Bitcoin Eyes $87K Amid Strong Holder Conviction

Mike Novogratz predicts a strong Bitcoin rally, citing macro trends, technical recoveries, and shifting narratives around BTC’s role in global markets.
Main Points:
Bitcoin hits $83.8K: Rebounds 5% in 24 hours.
Novogratz bullish on BTC: Sees signs of an imminent surge.
BTC ends volatile week strong: Recovered from multi-month lows.
Decoupling signs emerge: Bitcoin may be diverging from stocks.
BTC called a macro asset: Novogratz urges recognition of its role.
Detailed Insights:
BTC trades at $83,802: CoinGecko shows strong recovery from recent lows.
Novogratz sees a breakout ahead: "Feels to me it’s about to run."
BTC down 10% YTD: Tariff-driven macro pressures still linger.
Rebounds with stocks: Both markets surged after midweek sell-offs.
Bollinger sees a bottom forming: Technicals may support the bull case.
Narrative drives value: Novogratz emphasizes Bitcoin as digital gold.
Disagrees with Schiff—mostly: Still says BTC is now a macro asset.

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Solana Soars on ETF Hopes and Market Momentum
Solana gains over 7% on April 11 amid rising ETF approval hopes, liquidation-driven momentum, and bullish technical signals.
Main Points:
SOL price up 7.45%: Outpaces broader crypto market rally.
ETF optimism grows: Paul Atkins’ appointment boosts approval hopes.
Shorts liquidated: Over $9M in short positions wiped out.
Bullish RSI divergence: Technicals hint at more upside ahead.
Detailed Insights:
SOL trades at $124.56: Strong 24-hour rally with broad crypto support.
Paul Atkins fuels speculation: Crypto-friendly SEC chair sparks ETF hopes.
Approval odds rise to 76%: Polymarket data shows bullish sentiment shift.
$226M liquidated in 24h: Shorts dominate with $152.4M wiped.
$9.3M short SOL liquidated: Adds to upward price pressure.
RSI divergence on daily chart: Suggests bulls may hold short-term control.
Targeting $130 next: Price eyes 50-day SMA as next resistance level.

₿itcoin reached $83,571. +1.57%
♢Ethereum reached $1,597. +2.17%

Bitcoin finds solid support at $80K, with strong on-chain holder behavior and bullish technicals suggesting a move toward $87K, possibly $100K next.
Main Points:
Support at $80K holds: Rebound triggered by key technical zone.
200-day MA at $87K: Acts as critical resistance level.
Consolidation likely: Rangebound movement expected short-term.
On-chain data bullish: Long-term holders increase accumulation.
Scarcity intensifies: Fewer coins in circulation fuels upward momentum.
Detailed Insights:
BTC rebounds off $75K–$80K: Strong historical and psychological support zone.
RSI divergence signals strength: Bullish indicator confirms buyer reentry.
200-day MA caps rally: Resistance around $87K limits upside for now.
Accumulation near $84K breakout: Impulsive surge from descending channel midline.
On-chain data: hodlers rising: 3–12 month holders grow, showing market confidence.
Supply squeeze underway: Coins moving to long-term wallets reduces active supply.
Path to $100K possible: Break above $87K could lead to price discovery.

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