bitcoinlfg

Tag: forecast

  • XRP price forecast as bulls and bears face off near $3

    XRP price forecast as bulls and bears face off near $3

    XRP Price Outlook

    • XRP price hovered around $2.88 after this week’s dip.
    • After a broader market downswing, XRP losses have hit 10% for the past seven days.
    • Bulls face pressure near $3 but tailwinds could help them rip to a new peak.

    XRP trader around $2.88 with buyers trying to flip positive amid downside pressure, with sellers having taken out bulls near the $3 mark.

    As the Ripple token grapples with bearish sentiment that cuts across a volatile cryptocurrency market, weekly losses have jumped to over 10% and XRP risks further losses.

    But could positive developments, including regulatory clarity and growing institutional interest, provide tailwinds for XRP’s potential rebound?

    XRP price dips as weekly losses mount

    XRP has declined by about 10% in the past week, and is trading around $2.88 as of writing on August 21, 2025.

    The dip sees the Ripple cryptocurrency extend its drift from recent highs of $3.40, with downside action over the past week exceeding -10%.

    Notably, this sees XRP form a downtrend line and slip below its 50-day simple moving average. As a critical technical indicator, this slip under the 50 SMA signals weakening momentum.

    While this drop aligns with broader market dynamics, which has seen Bitcoin drop to $113k and Ethereum pare gains, XRP faces downward pressure amid notable whale selling.

    Onchain data indicates whales have dumped about 460 million XRP in a little over a week, with bulls facing off with bears near the $3 mark.

    XRP price forecast: tailwinds and technical outlook

    Risk-off sentiment has engulfed a large part of the market as investors become jittery amid macro headwinds.

    Inflation data, including a surprise surge in the US producer price index in July, added to the uncertainty. Geopolitical events and the upcoming Jackson Hole symposium, where Federal Reserve Chair Jerome Powell is expected to speak, are key events this week.

    For the latter, XRP holders are as upbeat as the rest of the market.

    Investors are braced for any potential signals that the Fed will cut interest rates, a likely boost for risk assets like cryptocurrencies. However, a hawkish Fed could further depress XRP.

    Despite the current bearish tilt, XRP is still largely bullish amid notable tailwinds. This includes Ripple’s march to a resolution of its legal hurdle from the SEC lawsuit.

    Additionally, Ripple’s RLUSD stablecoin is seeing growing integration and partnerships, as is XRP Ledger’s traction in payments and tokenization of real-world assets.

    Potential XRP ETF and Ripple banking license approvals, expected in late 2025, provides further optimism.

    On the charts, XRP faces immediate support at $2.80, with a deeper safety net in the $2.58 to $2.32 zone. However, if bulls reclaim the $3.00 to $3.40 area as support, a breakout could bring a new ATH into play, with targets of up to $10.

    Share this article
    Categories
    Tags



    Source link

  • Polygon price forecast: POL surges 6% as TVL reaches 2025 high

    Polygon price forecast: POL surges 6% as TVL reaches 2025 high

    Polygon POL Surges

    • Polygon token (POL) soared as most altcoins dipped on Monday and early Tuesday.
    • While POL has given up some of the gains to $0.26, bulls appear to be in control.
    • Gains for the altcoin come as its network’s total value locked (TVL) jumped to a year-to-date high.

    Polygon’s native token, POL (ex- MATIC) (POL), is one of the gainers in the past 24 hours as cryptocurrencies look to bounce off the latest dump.

    Altcoins such as Chainlink and XRP are eyeing fresh gains.

    While POL price has slipped from highs of $0.27, it’s currently holding above $0.25 as a potential rebound coincides with a spike in the network’s total value locked (TVL).

    Polygon price today

    The POL token’s price is up 3% in the past 24 hours at the time of writing, and nearly 12% in the past week.

    However, intraday gains reached 6% as POL rose to $0.27, with this coming amid growth in Polygon’s ecosystem, fueled by decentralised finance activity and strategic integrations.

    As the price of POL rose, Polygon’s TVL, which has jumped amid bullish momentum, topped a 43% increase year-to-date.

    The TVL spiking not only reflects the price gain, but the growing adoption, user trust and capital flows.

    Per Token Relations, Polygon saw its total value locked metric fall to $788 million in April.

    However, the metric has since witnessed a steady climb to break above $1.23 billion as of August, highlighting the blockchain network’s appeal and attraction as a DeFi player.

    Stablecoin growth

    Additionally, Polygon has seen a notable spike in stablecoin use.

    The recent integration of Agora’s stablecoin, AUSD, on Polygon by Miomi Game is a key development.

    Miomi is a web3 esports platform that boasts over 950,000 users.

    Polygon also surged to a record $2.56 billion in stablecoin payments in July, with peer-to-peer transfers rising as USDC active addresses jumped to 3.16 million.

    Meanwhile, USDT supply on Polygon rose to a new high of $1.29 billion during the month.

    Polygon’s surge in dApps, combined with stablecoin adoption and regulatory moves, spotlights the network’s utility.

    “Why are institutions building on Polygon? Trusted infrastructure, designed for greater efficiency and ready to scale for institutional demand,” Polygon Labs recently posted on X.

    Polygon price prediction

    Looking at Polygon’s price charts, the overall outlook is bullish.

    The network’s strategic initiatives and cross-chain interactions, which are contributing to organic growth, are evidence that bulls can establish the upper hand.

    Polygon’s price surge and TVL spike allude to this. Metrics such as active addresses and transactions are key to buyers breaching the supply wall around $26 and $30.

    On the flip side, bears can target the psychological support level at $20.

    Share this article
    Categories
    Tags



    Source link

  • Chainlink price forecast as key metrics point to increased onchain activity

    Chainlink price forecast as key metrics point to increased onchain activity

    Chainlink Price Outlook

    • Chainlink price broke to highs $26 before correcting slightly.
    • LINK is surging amid a spike in onchain activity.
    • Partnerships and adoption trends remain bullish for Chainlink.

    Chainlink (LINK) broke above $26 for the first time in months on Monday, surging amid a notable spike in onchain activity.

    As LINK pares gains amid broader profit taking, analysts are saying the recent explosion of key network metrics could allow bulls to breach the supply wall at $30 as they target the all-time high of $52 seen over four years ago.

    Chainlink sees significant surge in onchain activity

    According to Santiment, Chainlink’s onchain activity has witnessed a significant spike in the past week.

    For instance, on Sunday, August 17, a total of 9,813 unique LINK addresses executed at least one transaction, while the next day saw more than 9,625 new LINK wallets.

    Per the onchain analytics provider, both metrics represent the blockchain network’s highest levels for the year.

    “Onchain activity has been even more impressive than the price,” Santiment analysts noted.

    Partnerships and LINK reserve

    Recently, Visa’s head of crypto, Cuy Sheffield, explained via Visa’s Tokenized podcast, that Chainlink is a major pull for institutional entry into crypto.

    Apart from Visa, Chainlink has partnered with ANZ, China AMC, and Fidelity International to bring cross-chain, cross-border settlements to tokenized assets across Australia and Hong Kong.

    A Mastercard partnership is also huge for LINK.

    Chainlink Data Streams is another solution seeing huge integration. Data Streams are now live for U.S. equities and exchange-traded funds such as AAPL, NVDA and CRCL.

    Chainlink also recently partnered with Intercontinental Exchange, the parent company of the New York Stock Exchange.

    “Using ICE’s Consolidated Feed data as an input into Chainlink’s derived FX and precious metals rates onchain via Chainlink’s institutional-grade infrastructure is a watershed moment in the evolution of global markets,” said Fernando Vazquez, president of capital markets at Chainlink Labs. “This collaboration signals a pivotal shift towards a unified, globally accessible onchain financial system, with hundreds of trillions in assets on a clear path to tokenization.”

    Chainlink Reserve, an effort launched to support Chainlink’s traction in the DeFi and TradFi ecosystems, is also a major boost.

    As well as being geared towards establishing Chainlink as a standard solution for global crypto adoption, the program bolsters its tokenized assets growth.

    What’s next for LINK price?

    Chainlink’s price action amid the surge in network activity suggests bulls are confident in LINK.

    Chainlink price chart

    Having broken above $20 and strengthened to $26, Chainlink is showing resilience. While bears have a say on immediate LINK price action, analysts say the altcoin could be on the cusp of a significant breakout.

    While the key metrics indicate that Chainlink’s network growth is outpacing price gains, there are more bulls who are upbeat about.

    A confluence of catalysts such as network integration across decentralized and traditional finance, whale accumulation and macro conditions, is what could propel LINK toward its ATH and into price discovery mode.

    LINK traded at the all-time high above $52 in May 2021, a level bulls may target if market conditions align. Currently, the altcoin is on an uptrend since hitting lows of $16 on Aug. 6.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin price forecast: BTC price steadies as long-term holder selloff cools

    Bitcoin price forecast: BTC price steadies as long-term holder selloff cools

    Bitcoin price forecast

    • Long-term holder (LTH) selloffs cool, easing Bitcoin price selling pressure.
    • BTC price holds above $116,817 despite rejection near $122K.
    • CPI data may decide the next major BTC price move.

    Bitcoin price forecast shows BTC price steadying as long-term holder selloffs cool.

    Meanwhile, traders are watching on-chain flows and macro prints for signs of the next directional move.

    Long-term holders’ selloff cools

    Long-term holders have materially reduced daily sales, and consequently, the market has seen a clear shift toward holding.

    According to on-chain data, daily LTH sales slipped below $1 billion in August, after averaging above that threshold in July, and this shift has removed a notable chunk of selling pressure.

    Moreover, the reduced flow of coins to exchanges, according to Coinglass, has coincided with renewed accumulation, which in turn supports a calmer BTC price near current range levels.

    On-chain evidence points to accumulation

    Binary Coin Days Destroyed has dropped toward zero, signalling that older coins are not moving and therefore are being held longer.

    Bitcoin Binary CDD chart.

    Additionally, the Fund Flow Ratio sits at unusually low levels, around 0.057, and this suggests fewer assets are being sent to exchanges.

    Consequently, spot market net inflows — including a recent $51 million buy day after a $242 million sell-off on August 10 — reinforce that demand is returning more steadily than before.

    Triangle breakout holds, but risks remain

    Technically, Bitcoin broke upward from a triangle and remains above the $116,817 breakout threshold, which means momentum is still intact.

    However, recent attempts to clear $122,000 ended with a rejection and a “gravestone” doji candlestick, and hence, traders note that the path to a new ATH may not be smooth.

    Bitcoin price chart analysis

    Meanwhile, a CME futures gap near $117K and four-hour 200MA/EMA confluence add short-term technical magnetism that could invite retests before any sustained push higher.

    CPI and Fed policy could tilt the scales

    Macro catalysts are front and centre because upcoming US CPI figures influence rate-cut expectations and dollar strength.

    If core inflation prints higher than expected — for example, near 3.1% — then Fed-cut odds for September would likely decline, and as a result BTC price may face pressure.

    Conversely, a softer CPI near 2.9% would boost rate-cut prospects, weaken the dollar, and likely favour renewed upside for crypto and BTC price momentum.

    Two plausible paths for Bitcoin traders

    On the bullish path, continued LTH holding, steady capital inflows, and a break above recent highs could carry BTC to new discovery above $123,000 and into a $120K–$125K zone.

    On the bearish path, a confirmed distribution phase — as some Wyckoff-analysing traders warn — could open a markdown toward the $92K–$95K area, and therefore, traders must respect risk controls.

    Thus, momentum and macro prints will decide whether the market grinds higher or re-enters a corrective phase.

    Bitcoin price forecast: What traders should watch

    Watch whether BTC holds $116,817 and whether exchange inflows remain subdued, because these are immediate signs of supply drying up.

    Also, monitor short-term technical confluence at the CME gap near $117K and the reaction to CPI data, since both can trigger quick directional moves.

    While sentiment includes bullish voices like the co-founder of PayPal, Peter Thiel, who sees structural undervaluation, traders should remain nimble and factor in both upside targets and downside scenarios.

    The current Bitcoin forecast balances improved on-chain accumulation against near-term macro risk, and this equilibrium shapes the prevailing BTC price outlook.

    Share this article
    Categories
    Tags



    Source link

  • Solana price forecast as SOL bulls look to buy the dip

    Solana price forecast as SOL bulls look to buy the dip

    Solana price prediction

    • Solana has fell 7.6% in the past 24 hours to touch lows of $166.
    • The technical outlook on the daily chart shows price is taking on a bearish flip.
    • Bulls bouncing amid crypto recovery could target $200.

    Solana has experienced a 7.6% dip in the past 24 hours to touch lows of $166, with declines coming amid widespread selling across crypto.

    But as the volatility prompts some investors to take profits, bulls are likely eyeing the downturn as a buying opportunity.

    Here’s a look at the technical picture for SOL.

    Solana drops to key support level

    As highlighted, Solana’s price has declined by about 7.6% in the past 24 hours, trading to lows near $166.

    CoinMarketCap data shows Solana’s 24-hour trading volume increased by about 25% to $7.38 billion, which hints at heightened market activity.

    It’s an outlook that mirrors the broader crypto market performance, with Bitcoin (BTC) selling-off to below $115k, Ethereum (ETH) to around $3,500 and XRP down 7% to around $2.90.

    Losses across board saw total liquidations reach $758 million in the last 24 hours, with SOL seeing about $43.8 million liquidated.

    The sudden price dip meant most of the liquidations are of bullish Solana bets, which Coinglass data shows at $42 million of the $43.8 million.

    A bearish sentiment amid this flip has SOL currently hovering at a key support level.

    Could bulls capitalize on the dip to build fresh momentum towards $200? Continued network growth, as highlighted by key metrics such as active users and revenue, suggests Solana is strong long term.

    Solana price prediction

    The Solana price prediction for 2025 is largely bullish, with analysts seeing it as a key breakout level.

    Conservative forecasts put SOL at $500 by the end of 2025, mainly driven by Solana’s robust ecosystem and institutional interest.

    Spot ETFs and regulatory tailwinds could be the main catalyst.

    However, what’s the short-term outlook as cryptocurrencies navigate yet another sell-off phase?

    SOL price chart by TradingView

    The technical outlook on the daily chart shows the price remains within an ascending channel, but has broken below the middle line.

    Meanwhile, the Relative Strength Index (RSI) stands at 45, below the midpoint after SOl flipped from overbought territory.

    The RSI indicator is also downsloping to suggest a potential move toward the oversold zone.

    SOL’s daily chart also shows the Moving Average Convergence Divergence (MACD) indicators hinting at bearish momentum after a bearish crossover.

    While a drop below $160 may test lower supports at $145 and $130, a reversal amid buying pressure will allow buyers to target $200.

    As noted, some analysts are predicting SOL price to $500 in a sharp rally amid spot Solana ETFs approval.

    Share this article
    Categories
    Tags



    Source link

  • XRP price forecast: XRP dips 7% as crypto downturn threatens bulls

    XRP price forecast: XRP dips 7% as crypto downturn threatens bulls

    XRP Price

    • XRP price fell 7% in the past 24 hours amid a broader crypto crash to touch lows of $2.90.
    • Daily trading volume jumped 28% to $8.2 billion as panic selling spread.
    • XRP’s technical outlook suggests further price declines.

    Ripple’s XRP is one of the top losers in the leading cryptocurrencies by market segment as the cryptocurrency market faces fresh turbulence.

    Amid a broader crypto downturn, the XRP price has fallen 7% in the past 24 hours to touch lows of $2.90.

    This decline below the key level of $3.00 comes as Bitcoin hovers below $115k after another aggressive sell-off, with Ethereum, Solana and BNB also paring gains.

    Macroeconomic headwinds and whale sell-offs are likely to drive further volatility across the market, with a bearish flip, bad news for altcoins.

    However, could XRP’s strength see bulls rebound off support to eye new all-time highs?

    XRP price – bulls fail to hold $3.00 amid crypto downturn

    In the past 24 hours, XRP’s price has dropped from highs of $3.18 to lows of $2.90 across major exchanges.

    While the 7% dip aligned with other top 10 coins, it’s notable that XRP slipped below the critical $3.00 threshold.

    Daily trading volume rose 28% to over $8.2 billion, reflecting the level of panic selling that XRP has seen in the past 24 hours.

    As noted, Ripple’s XRP dipped amid Bitcoin’s notable drop to lows near $114k.

    Increased whale selling, in recent weeks, from long-dormant coins, combined with overall macroeconomic headwinds, to scattered bulls’ plans.

    Per Coinglass data, these declines have led to total liquidations across the crypto market jumping 79% to more than $758 million in 24 hours.

    ETH led with over $229 million in leveraged positions wiped out, and BTC saw $179 million in forced exits.

    On the other hand, XRP accounted for $41 million, with most of these long positions totalling over $40 million.

    A surge in liquidations, particularly, could fade bullish sentiment and allow bears to target lower levels.

    The declining open interest, which fell 10% to $7.77 billion, hints at the reduced speculative activity.

    Ripple price prediction

    XRP’s technical outlook suggests price is revisiting a key support area, highlighted on the chart below.

    XRP price chart by TradingView

    On the daily chart, the Relative Strength Index (RSI) stands at 48 after retreating from overbought levels, and its dip suggests a potential continuation of the bearish momentum.

    Furthermore, the Moving Average Convergence Divergence (MACD) shows a bearish crossover.

    The histogram bars forming below the zero line indicate weakening momentum as bears strengthen.

    If XRP price breaks below a break below $2.73, bears could accelerate the slide toward the $2.00 psychological support level.

    On the flipside, a recovery above $3.00 could signal renewed momentum and allow bulls to target $3.55 and then $4.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin price forecast: White House crypto report omitted BTC reserve update

    Bitcoin price forecast: White House crypto report omitted BTC reserve update

    Bitcoin price forecast

    • White House report omitted Bitcoin reserve update.
    • BTC holds steady near $118k with bullish technical signals.
    • ETF inflows and low selling pressure fuel price optimism.

    Bitcoin (BTC) is entering August 2025 in a position of strength, despite growing anticipation over a missed opportunity in Washington.

    On July 31, the White House released its long-awaited crypto policy report, but to the dismay of Bitcoin advocates, it made no substantive update on the Strategic Bitcoin Reserve initiative first announced in March.

    Nevertheless, as the federal silence lingered, market indicators revealed that BTC could be gearing up for another bullish breakout.

    This disconnect between regulatory direction and market performance is reshaping sentiment as traders weigh both political cues and on-chain metrics.

    White House fails to clarify on BTC reserve

    For months, Bitcoin supporters had looked forward to the July crypto policy report, especially after the Trump administration signalled a pro-Bitcoin stance earlier this year.

    In March, an executive order established the Strategic Bitcoin Reserve, drawing comparisons to El Salvador’s bold accumulation strategy.

    Hopes were high that the report would outline further steps to expand the reserve or detail future BTC acquisitions by the US government.

    However, the 166-page report only briefly mentioned the reserve initiative. Tucked away in its final section, the mention served more as a recap than an expansion plan.

    While the document introduced detailed proposals on regulation, banking access, and tax reform, it failed to address whether the US would actively purchase Bitcoin as a strategic asset.

    The omission disappointed many in the crypto community. Several analysts called it a missed opportunity, especially given Bitcoin’s growing stature on the global asset leaderboard.

    Still, others viewed the report’s tone as a step forward, with Bitcoin now being discussed independently from other digital assets — a clear sign of evolving recognition.

    Bitcoin (BTC) is resilient despite political ambiguity

    Even without direct government support through reserve accumulation, Bitcoin’s performance remains robust.

    The cryptocurrency surged to a new all-time high of approximately $123,000 on July 14.

    After a modest correction, it has been consolidating in a tight range between $117,000 and $118,000, currently trading at $118,383.

    This steady behaviour comes even as the broader crypto market has experienced more dramatic swings.

    The contrast has sparked speculation that Bitcoin’s price is preparing for a sharp move. Given the current low selling pressure and increased institutional interest, any upward shift could gather momentum quickly.

    The GENIUS Act, signed recently into law, also added to Bitcoin’s tailwinds by making stablecoins more accessible.

    Although rate cuts did not materialise in the latest Federal Reserve decision, the steady macro environment appears to be offering BTC room to rally independently.

    ETF inflows and technical signals remain bullish

    Market structure continues to favour the bulls. Spot Bitcoin ETFs saw massive inflows in mid-July, with over $2 billion entering the market in just two days.

    BlackRock’s IBIT alone now holds more than $80 billion in assets under management. These ETFs are now among the largest Bitcoin holders, owning around 1.4 million BTC — roughly 6.6% of the total supply.

    On the technical side, the MVRV ratio currently sits near its 365-day average at 2.2, historically a level that precedes major rallies.

    Bollinger Bands are tightening, and the RSI remains neutral at 42.65, suggesting there’s still room for price expansion.

    Bitcoin price analysis

    Going by the technical analysis, if BTC breaks above $119,900, a return to its all-time high could be swift.

    Trade volume also supports this outlook. In the past 24 hours alone, Bitcoin’s volume rose by 12%, reaching $70.3 billion.

    This growing activity, paired with strong holding behaviour among long-term investors, signals that upward pressure could intensify in the coming days.

    Share this article
    Categories
    Tags

    Source link

  • XDC Network price forecast amid Binance US listing news

    XDC Network price forecast amid Binance US listing news

    XDC Network price forecast amid Binance US listing

    • XDC Network token price surged above $0.10 after the Binance.US listing news.
    • The token’s price has since dipped, but it still holds strong above key support at $0.085.
    • Fundamentals like LayerZero and ETP launch fuel the uptrend.

    The XDC Network has been gaining traction in recent weeks, and its latest listing on Binance.US has only amplified the growing market interest.

    After months of steady progress, the blockchain project is now in the spotlight following a sharp price movement and renewed investor confidence.

    Binance US listing sends XDC price soaring

    On July 30, Binance.US officially opened trading for the XDC/USDT pair, following a brief deposit window that allowed users to prepare their accounts in advance.

    The announcement, which was made on July 29, pushed XDC prices sharply higher, with the token rallying more than 11% within 24 hours. It climbed from around $0.08985 to briefly break above the key $0.10 resistance, peaking near $0.10167.

    This move was not just about speculative hype. The breakout was supported by consistent trading volume and a steady formation of higher lows, indicating that buyers were stepping in rather than exiting the market.

    The surge through the psychological $0.10 level signalled a return of bullish sentiment, which could set the stage for further gains if momentum continues to build.

    Healthy pullback hints at a strategic entry

    Despite the initial rally, XDC experienced a modest retracement after touching the $0.10 mark.

    However, the dip has been largely viewed as a healthy correction within a broader uptrend.

    Importantly, the token remains well above its 20-day exponential moving average, which has consistently acted as dynamic support during the recent rally.

    XDC Network token price chart

    The price is now hovering around the $0.098 mark, with the $0.085–$0.088 region emerging as a critical support zone. This area coincides with former resistance and trendline support, making it a strong demand level.

    Should buyers defend this zone, the token could make another attempt at breaking above its recent high, potentially targeting $0.105 or even $0.115 in the near term.

    Strong fundamentals are driving the uptrend

    The recent price movements are not happening in isolation.

    Several strong fundamental factors have been reinforcing XDC’s upward momentum. Chief among them is its successful integration with LayerZero, which went live on July 9.

    This cross-chain upgrade has enabled seamless and zero-slippage transfers between XDC and major networks like Ethereum and Solana. This has significantly boosted XDC’s utility and interoperability, making it more attractive to both developers and long-term investors.

    Additionally, institutional interest in XDC is growing. The launch of the 21Shares XDC ETP on Euronext Amsterdam and Paris earlier this month marked a major milestone in XDC’s journey toward mainstream adoption.

    On top of that, its partnership with Archax — a regulated digital securities exchange — has positioned XDC well for compliance under the EU’s Markets in Crypto-Assets (MiCA) framework, signalling an alignment with regulatory expectations.

    What traders should watch for next

    With the Binance.US listing now live, traders are closely watching how the market reacts in the days following the event.

    While early price spikes are common during major listings, sustained growth depends on volume retention and broader market sentiment.

    XDC’s ability to maintain support above the $0.085 zone could be crucial in determining its short-term direction.

    If buyers continue to defend this level, and if broader crypto markets remain stable, XDC could soon challenge its next resistance levels at $0.11 and $0.12.

    However, a failure to hold key support could open the door for a retest of the $0.080 area, which may unsettle short-term bulls.

    For now, the current dip could be a potential buy-the-dip opportunity within a strong uptrend.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin at $1M forecast gains ground as money supply heads for $200 trillion

    Bitcoin at $1M forecast gains ground as money supply heads for $200 trillion

    Bitcoin $1 million forecast gains ground as money supply heads for $200 trillion

    • The ratio of global M2 money supply to Bitcoin in circulation has reached a record level.
    • Only 21 million BTC exist, boosting scarcity appeal.
    • The psychological framing of Bitcoin reaching $500,000—or even $1 million—is now gaining traction in both retail and institutional circles.

    As the world’s money supply expands at an unprecedented pace, a growing number of market participants believe Bitcoin could eventually hit $1 million per coin.

    The belief isn’t based on speculation alone—it stems from hard numbers.

    Central banks are printing more money, governments are spending at record levels, and the global M2 money supply is expected to double from $100 trillion to $200 trillion by 2035.

    With Bitcoin’s supply capped at 21 million, this massive influx of liquidity could create a potent supply-demand imbalance.

    Money supply surge boosts BTC case

    Bitcoin maximalists and macro-focused analysts now frequently cite monetary debasement as a key reason to hold the pioneer cryptocurrency.

    Fred Krueger, a longtime Bitcoin advocate and investor, posted on X that “it will take 1 trillion USD moving into Bitcoin to get to 1 million.”

    He argued that with the global money supply rising rapidly, “zero chance we don’t get there.”

    The scale of monetary expansion is central to this view. Over the last 12 months, global liquidity has surged at one of the fastest rates on record.

    Central banks across the US, UK, Europe, and Asia have continued accommodative policies, with large fiscal deficits becoming the norm.

    These conditions, according to market observers, reduce the purchasing power of fiat currencies and push investors to explore alternatives.

    River, a Bitcoin-focused financial services firm, highlighted that those who held BTC from July 2024 onwards have outperformed against money debasement tenfold.

    This reinforces the narrative of Bitcoin as a hedge against currency dilution and economic instability.

    M2 liquidity per BTC hits record

    The ratio of global M2 money supply to Bitcoin in circulation has reached a record level.

    According to decentralised finance investor Christiaan, there is currently about $5.7 million in global M2 liquidity per single Bitcoin.

    This is the highest ratio in over a decade and is used to illustrate how limited Bitcoin’s supply is compared to the volume of fiat money in the global financial system.

    This ratio, sometimes referred to as the liquidity-to-scarcity index, suggests that even modest capital inflows into Bitcoin—whether from institutional investors or sovereign wealth funds—could drive prices sharply higher.

    Given the fixed 21 million coin limit, with many lost or illiquid, the supply-demand mechanics remain a central argument in favour of long-term price appreciation.

    Retail push and historical trend

    Retail investors are also being targeted with simplified messaging. Davinci Jeremie, a popular Bitcoin influencer, posted a video on social media urging viewers to invest just $1 into Bitcoin.

    His message, “spend a dollar to change your future,” reflects a broader campaign among Bitcoin supporters to increase grassroots participation.

    The psychological framing of Bitcoin reaching $500,000—or even $1 million—is now gaining traction in both retail and institutional circles.

    As inflation fears persist, and as tech stocks become increasingly correlated with macro trends, many see Bitcoin as a standalone asset with unique supply properties.

    While Bitcoin remains volatile in the short term, these macroeconomic dynamics are positioning it as a long-duration hedge.

    The rising M2 supply and systemic debt loads across developed nations continue to lend weight to the idea that digital scarcity may offer long-term protection.

    Historical data also supports the current optimism. Over the past decade, Bitcoin has consistently outpaced fiat currency performance during periods of rapid money printing and inflationary risk.
    Share this article
    Categories
    Tags

    Source link

  • Ethereum price forecast: ETH bull case remains intact despite strategic profit-taking

    Ethereum price forecast: ETH bull case remains intact despite strategic profit-taking

    Ethereum Price

    • Ethereum price is at $3,640 amid some profit-taking deals.
    • Despite some whales selling, institutional interest remains high and demand is absorbing the dump.
    • Analysts say the ETH bull market remains intact.

    Ethereum has retreated slightly from its highs of $3,856 as it dips nearly 4% in the past 24 hours amid some profit-taking moves.

    But while the top altcoin changes hands at $3,640 at the time of writing, analysts maintain Ethereum is on a bullish course and that ETH still has room to explode.

    ETH sees strategic profit taking

    The $4,000 mark remains elusive for Ethereum in 2025, with the highs of $3,856 marking a key peak since the declines from $4,000 in December 2024.

    It means Ethereum price has lagged as Bitcoin climbed to multiple new highs.

    Selling pressure at current levels alludes to likely struggles in the short term, analysts at Glassnode have noted.

    The outlook is down to the Cost Basis Distribution Heatmap of Ethereum, which Glassnode analysts say shows buyers are cashing out gains.

    This strategic profit-taking is calculated towards securing profits after ETH posted strong upward moves these past weeks.

    Sellers have included whales. Lookonchain shared on X that one whale has sold 8,000 ETH for over $30 million.

    Ethereum price forecast: here’s why bull case remains intact

    Despite the profit-taking, Glassnode highlights a fascinating scenario with equilibrium emerging.

    Notably, data shows new demand is steadily absorbing the supply hitting the market, with selling pressure yet to overwhelm buyer interest.

    It’s a resilient market structure for ETH that suggests pullback action is likely to dissipate as bulls take control.

    While some whales sell, others have accumulated. Also, institutional holders like SharpLink Gaming have been aggressive.

    The company has acquired a massive chunk of ETH in recent weeks.

    Helping buyers is overall market sentiment that sees open interest in ETH futures soar to all-time highs. OI currently sits around $58 billion per Coinglass, which indicates interest is elevated.

    Ethereum is also sporting gains amid staking explosion, spot ETF inflows and regulatory developments. The ETH spot ETF inflows for Ethereum reached 588,000 ETH last week – higher than recent peak.

    Traders will eye potential corrections for buy opportunities, with consolidation in the near term allowing for a retest of key supply zone areas.

    On the flipside, sellers may be encouraged by weakening on-balance volume and extended cashing out.

    The $3,500 remains important and robust support may be around $3,000.

    Yet, the RSI on the daily chart is not overextended as it hovers just below the overbought territory.

    The MACD also still boasts a bullish case scenario. The $4,000 threshold is therefore one to watch.
    Share this article
    Categories
    Tags



    Source link