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- BITCOIN PRICE ANALYSIS & PREDICTION (April 2) – BTC Resumes Drops But Found Temporal Ground as it Hold Above 81k
- CRONOS PRICE ANALYSIS & PREDICTION (March 28) – CRO Posts 7% Gains as Several Altcoins Bleeds, Can it Sustain Pressure?
- MAKER PRICE ANALYSIS & PREDICTION (March 27) – MKR Posts Major Gains After Slight Pullback, Signals Bullish
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BITCOIN PRICE ANALYSIS & PREDICTION (April 2) – BTC Resumes Drops But Found Temporal Ground as it Hold Above 81k
The first quarter of this year has been rough for Bitcoin following an over 20% correction. While there's still hope for a recovery, we can expect a positive turnaround if the bulls show strong commitment. Last month came with a lot of relief following a bounce off the $76.6k level, but things later turned ugly as Bitcoin short-lived the momentum under the $89k level due to a bearish interception. It lost steam afterward and closed that month on a weak note. However, the $81k level has temporarily provided support, and it’s now trading calmly on the first day of the new month. While negotiating the next major move, the bears may mount pressure to attack the $80k level. This level corresponds with the rising support trendline, which has been forming since August 2024. A breakdown there could bring us back […]
Aggressive GPS Token Buyback Continues: 89 Million Tokens Repurchased in Just Five Days
A bold move that has captured the attention of the cryptocurrency community sees the repurchase of GPS tokens accelerate as the project’s address increasingly accumulates more tokens. In the past hour alone, two significant transactions took place, further demonstrating the project’s commitment to reducing the circulating supply of its native token, potentially boosting its value. Recent Buyback Transactions Reflect Growing Confidence Merely sixty minutes ago, the repurchase address made an impressive withdrawal of 30 million GPS tokens from Binance, accruing to about $802,000. But this was not the endpoint of the buying spree. Just 47 minutes after that initial withdrawal, another substantial sum was indeed withdrawn: 24.11 million GPS tokens (roughly $637,000) were once again pulled from Binance. Note well the timing and frequency of these buybacks: it all indicates a strategic play to take large sums of the GPS […]
$PEPE Faces Heavy Losses as Whales and Traders Struggle Amid Market Downturn
The cryptocurrency universe is undergoing a worrisome decline as the formerly favored $PEPE token battles to stay above crucial price points. In the last few weeks, the token has been under duress, with some of its biggest holders going in the opposite direction of the market. Most recently, the $PEPE whales and other significant token holders have been reorienting themselves to preserve losses that were stacking up from trades made over the last few months. A lot of this has got some short-sellers giddy, thinking that they now have a better chance of making money with the token declining instead of going up. Major Sell-offs and Risky Trades Amid Ongoing Market Decline A telling recent episode of the current situation is an enormous sell-off that happened today. One whale, a major holder of $PEPE, crashed the price by dumping an […]
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