Day: April 11, 2025

Bitcoin Poised For W-Bottom Reversal, Says John Bollinger

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Legendary technical analyst John Bollinger has highlighted what he calls a “classic Bollinger Band W bottom” that may be forming on the Bitcoin pair BTC/USD. According to him, BTC…

Bitcoin sellers tap out, clearing the path for a fresh run at new all-time highs

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Bitcoin (BTC) price has rebounded by over 11% from the April. 7 low of $74,400, and analysts believe that onchain and technical indicators point to a sustained recovery. According to popular analyst AlphaBTC, Bitcoin will see a sustained recovery if it holds above $81,500. Bitcoin price reclaimed the $80,000 psychological level after retesting the “weekly open and filling in some of the inefficiency left by the Trump 90-day pause pump,” the analyst said in an April 10 post. “I really want to see it back above 81.5k soon, and we…

Pakistan proposes compliance-based crypto regulatory framework — Report

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Regulators in Pakistan have proposed a regulatory framework for digital assets that is compliance-focused, in accordance with rules laid out by the Financial Action Task Force (FATF), the supranational organization that polices finance for money laundering, The Express Tribune reported. According to the report, Pakistan’s Federal Investigation Agency (FIA) introduced the regulatory framework to address terrorism financing, money laundering provisions, and Know Your Customer (KYC) controls enforced by the supranational organization. The report cited FIA Director Sumera Azam as saying: “This is a paradigm shift in how Pakistan views digital…

S&P 500 briefly sees ‘Bitcoin-level’ volatility amid Trump tariff war

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The S&P 500 Index briefly experienced Bitcoin-level volatility in the wake of US President Donald Trump’s April 2 “Liberation Day” tariff announcement, underscoring the panic and fear gripping traditional markets amid the ongoing trade war.  Bloomberg analyst Eric Balchunas alerted his followers on X that the S&P 500’s volatility, as measured by the “SPY US Equity Hist Vol” chart, reached 74 in early April, exceeding Bitcoin’s (BTC) 71 level.  Source: Eric Balchunas The increase marks a significant deviation from the S&P 500’s long-term volatility average, which is below 20.  For…

BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO, LINK, AVAX

Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000. Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin. Bitwise chief investment officer Matt Hougan said in a post on X that the firm’s previously predicted…

Bitcoin about to enter ‘up only mode’: Arthur Hayes

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Arthur Hayes, co-founder of BitMEX, says Bitcoin could be on the cusp of a bullish breakout, this coming as the bellwether digital asset saw modest gains. Bitcoin (BTC) climbed to above $83k to lead cryptocurrencies higher, but remained vulnerable amid broader risk assets downside pressure on April 11.  Crypto.news data showed BTC hit highs of $83,200 across major crypto exchanges. However, the intraday gains came as stocks whipsawed due to ongoing tariff concerns. Despite current market conditions showing a disconnect amid a dip in the dollar index, crypto veteran Arthur…

Bitcoin holds $82K as US dollar falls to 3-year low and PPI inflation drops sharply

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Bitcoin (BTC) sought higher levels around the April 11 Wall Street open as the week’s final US inflation data gave bulls hope. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Analyst: PPI undershoot “great” for US trade war Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $83,245 as US Producer Price Index (PPI) data came in below expectations. The Index came in at 2.7% versus the anticipated 3.3%, while the core PPI print also surprised to the downside. An official news release from the US Bureau of Labor Statistics…

Trump’s Tariff Pause Could Push Bitcoin Price Above $100,000, Pundit Reveals Exit Point

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Donald Trump’s decision to enact a 90-day pause on his tariffs sent a new wave of buying pressure across the crypto markets, with Bitcoin pushing past the $80,000 price level again. Although the wave of buying pressure is now starting to cool down, the bullish sentiment has already been enacted among some market participants. The question is now on whether this is enough to push Bitcoin back into the $100,000 threshold during this pause period.  Tariff Pause Can Push Bitcoin Towards $100,000 The bullish consensus is that Bitcoin might have…

200 Million XRP Moved by Ripple Labs, Will Price Hold $2 Support?

Key Notes Ripple Labs has shifted over $402 million in XRP to anonymous wallets. The firm has a history of moving XRP for internal liquidity management operations rather than selloffs. XRP price remains in the spotlight as the $2 mark emerges as a crucial level to watch. Blockchain payments firm Ripple Labs has moved 200 million XRP onchain, drawing the community’s attention. The transfer happened as the price of the fourth-largest cryptocurrency hovers near the $2 mark. Notably, the size of the transaction has raised some questions, especially with legal…