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๐ Bernstein Predicts $1M Bitcoin
๐ Analysts at Bernstein foresee a massive BTC rally in the coming years:
โช๏ธ$200K by end of 2025
โช๏ธ$500K by 2029
โช๏ธ$1M by 2033
๐ฐ A bullish scenario could also see MicroStrategy doubling its Bitcoin holdings to 1M BTC.
๐ If these predictions hold, Bitcoin's adoption as a store of value could reach unprecedented levels.
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๐ Bitcoin Flips Macro Bullish: Hash Ribbon Signals Buy! ๐ฐ
For the first time in 8 months, the Hash Ribbon indicator has flashed a buy signal, marking the end of the latest miner capitulation phase. Historically, this signal has preceded major Bitcoin price surges. ๐
๐น Hash Ribbon tracks miner activity and long-term buying opportunities.
๐น Previous signals led to multi-month rallies.
๐น Analysts now eye $100K+ BTC in Q2 2025.
With RSI also breaking its downtrend, bullish momentum is building! Is this the start of Bitcoinโs next big move? ๐
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๐ BTC at $87,000! Not a bad start to the week.
Michael Saylor say this is just the beginningโnext stop, $444,000? ๐คฏ
With $4.5 trillion in put options expiring last week, Michael Saylor believes BTC is set to rise. ๐๐ฅ
Are we moon-bound or just getting started? ๐๐
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๐จ This Week in Bitcoin: Volatility Rises, ETF Inflows Rebound, SEC Clears Mining
Bitcoin held steady around $84,150 despite sharp swings, as ETF inflows returned with $734M entering BTC funds amid rate cut hopes. Meanwhile, the SEC clarified that proof-of-work mining doesn't fall under securities laws, signaling a friendlier regulatory stance. Market volatility spiked to a six-month high, while BlackRock pushed back on the narrative of BTC as a "risk-on" asset.
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๐ Bitcoin in Oversold Zone โ Rebound Ahead? ๐
According to Bitcoin Magazine Pro, BTC has entered the oversold zone once again.
๐ Since early 2023, Bitcoin has bounced up 6 times from this level.
Will we see a 7th rebound? ๐๐ฅ
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Crypto Speak: Bull run
Itโs pretty much the same as a bull market; itโs a period when a particular asset (usually, the entire market) is consistently on the rise.
A โbull runโ is comparable to a gold rush. Everyone wants in on the action; new projects appear; trading activity increases; and itโs usually followed by a painful bear market.
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๐ The market is seeing strong demand for BTC, comparable to the period after the FTX exchange collapse when the bottom of the bear market formed
Since February 23, when BTC was worth $96,000, new investors have purchased 172,705 bitcoins
CryptoQuant data
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Yesterday, Strategy acquired 130 BTC for $10.7M at an average price of $82,981 per BTC. ๐ฐ
Compared to their previous massive purchases, this one looks almost microscopic. ๐ง
CryptoQuant analysts joked that itโs like buying BTC when you "havenโt received your paycheck yet but canโt resist." ๐
Even Peter Schiff couldnโt stay silent, sarcastically commenting: "Is that all you bought? Seems like you are running out of firepower."
As of March 16, Strategy holds 499,226 BTC worth $33.1B at an average price of $66,360 per coin.
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๐ Standard Chartered Slashes ETH Price Target to $4K ๐
Standard Chartered has cut its 2025 ETH price target from $10K to $4K, blaming Layer 2 dominanceโespecially Base, which has allegedly drained $50B from Ethereumโs market cap. ๐ฐ
๐ต๏ธโโ๏ธ Analysts say Ethereum has โcommoditized itselfโ by enabling Layer 2s to extract profits, while ETHโs fee structure struggles. Potential solutions? Tax L2s or economic reformsโbut neither seem likely.
Despite the cut, ETH could still hit $7.5K by 2028-2029. Until then, ETH/BTC is expected to decline further. Is Ethereum in a midlife crisis? ๐ค
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๐ฅท LIBRA Facilitator Linked to WOLF Memecoin Crash
Hayden Davis, associated with the controversial LIBRA token, allegedly launched the WOLF memecoin, which surged to a $43M market cap before crashing 99%. Bubblemaps traced WOLFโs origins to Davisโ wallet, linking it to previous token launches. Meanwhile, Argentina has requested an Interpol Red Notice for his arrest amid the "Cryptogate" scandal.
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$5.5 trillion was erased from the stock market in the last 30 days; however Over $1.3 trillion was added to the US stock market today
Market is back to green ๐ต
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โ๏ธ๐ฅ Top 10 Networks for Stablecoins
๐ Leaders by volume:
๐น Ethereum โ $122.9B
๐น Tron โ $62.9B
๐ Fastest growth:
๐ฅ Solana โ +130% YTD ($5B โ $11.8B)
๐ Biggest decline:
โ ๏ธ Arbitrum โ -48.8% in 2025
Stablecoin trends are shifting! Who's next? ๐ค
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๐ There is a significant divergence between the BTC price chart and the networkโs hash rate.
Miners remain confident despite the price risks associated with market corrections.
This situation could be seen as a leading indicator for Bitcoinโs price, as substantial resources are being invested into coin production, suggesting that BTC might be undervalued. ๐
This divergence highlights miner optimism, which could signal a potential price surge once the market stabilizes. ๐
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๐ Bitcoin in a Post-Euphoria Sell-Off
๐ Glassnode reports that the crypto market is experiencing a post-euphoria hangover, with massive panic selling and active capitulation of short-term holders.
Weak demand & fading accumulation since January have fueled a persistent sell-off. ๐
๐น STH-SOPR below 1 signals most recent buyers are realizing losses, adding to fear.
๐น Lack of dip-buying suggests investors are shifting toward risk aversion.
๐น Bitcoin could find support between $71.3Kโ$91.9K, but uncertainty remains.
โ ๏ธ Market in correction modeโstay cautious!
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๐ฃ U.S. Banks Can Now Engage in Crypto Without Prior Approval
The U.S. Office of the Comptroller of the Currency (OCC) has lifted restrictions, allowing national banks to engage in crypto activities without prior regulatory approval.
This move coincides with Trumpโs executive order on a Bitcoin reserve and the White House Crypto Summit, signaling a major shift in U.S. crypto policy.
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๐ ETH has lost almost 50% of its value over the year ๐คท
Bitcoin, despite being in a correction, remains in the "green" zone (+18%) ๐
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America breaks records in gold acquisitions
The U.S. imported a record $30.8 billion in gold in January 2025, 18 times more than usual. The motives behind this surge remain unclear, but the markets are already reacting.
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๐บ๐ธ Donald Trump Spoke at the Crypto Summit in the White House!
Donald Trump:
๐ธ We will make America the crypto capital of the world.
๐ธ We will create a crypto reserve.
๐ธ The BTC reserve will become the digital Fort Knox.
๐ธ The U.S. government holds approximately 200,000 BTC.
๐ธ Non-BTC assets will be stored in a separate vault.
๐ธ The Treasury and Commerce Departments will explore ways to acquire additional BTC reserves.
๐ธ I want stablecoin legislation passed before the August recess.
๐ธ America will never sell its BTC.
Scott Bessent (U.S. Treasury):
๐ธ We will focus on creating a regulatory framework for stablecoins.
๐ธ We will end the crackdown on the crypto industry.
๐ธ The U.S. will strengthen dollar dominance through stablecoins.
Bitcoin dropped to $85,000 after Trump's speech ๐
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๐ฅ Bitcoin Volatility Surges as Traders Anticipate Bullish Breakout
Following the strategic BTC reserve announcement, Bitcoin dropped to $85,000, only to recover to $88,000.
โ Technical traders see a descending wedge pattern, hinting at a strong upward move.
โ The U.S. has declared BTC "digital gold", strengthening its long-term investment appeal.
โ Investors are waiting for the Washington crypto summit, which could bring crucial policy decisions for Bitcoin.
The next 24 hours could be critical in determining BTCโs next move.
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โ Trump Announces Bitcoin Strategic Reserve
Donald Trump has confirmed the creation of a "Bitcoin Strategic Reserve," with Commerce Secretary Howard Lutnick stating it will be officially unveiled at the White House Crypto Summit on Friday. While BTC is the primary focus, XRP, SOL, and ADA will also be considered. Trump aims to position the U.S. as the "crypto capital of the world" and supports clear regulations to foster industry growth.
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