The green signal may boost investor confidence, but past macroeconomic disruptions remind us to remain cautious amid potential volatility.
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Bitcoin’s latest push has run into a difficult stretch, with the price falling back under the $80,000 mark in the past 24 hours. This context gives more weight to a new quarterly chart analysis that places the most important levels much lower than the current price. According to the analyst, Bitcoin may continue to move sideways within the present quarter, but the structure of the quarterly candle makes the $65,000 region a major area to watch if the current resistance continues to hold. The Resistance Zone That Could Define This Quarter Technical analysis of Bitcoin price action on the 3-month candlestick chart shows important price levels for Bitcoin traders in this quarter. The analysis, which was posted on X by crypto analyst Minga, puts the most immediate observation on the $80,600 to $82,500 range. This is a band that, based on the quarterly chart, represents the ideal area for Bitcoin to find rejection in the current candle. Related Reading: The 3 Bitcoin Rules That Tell When The Bear Market Is Fully Over This zone is important because it sits near the upper boundary of the current quarterly structure and has already acted as a difficult area for bulls to reclaim. Bitcoin tested the 200-day SMA resistance around $82,500 early in the week, but buyers have so far failed to secure a strong breakout above the level. The outlook is that Bitcoin should ideally reject inside the $80,600 to $82,500 range. If Bitcoin cannot close above this region in this quarter, then it shows that the price action lacks the conviction required to push into price discovery on this particular cycle’s terms. On the other hand, if Bitcoin reclaims this area, then the quarterly candle will end up engulfing the previous quarterly candle, which is something that hasn’t happened during a bear market before. $65,000 Is Very Important The bearish side of the setup depends on Bitcoin continuing to reject from $80,600 to $82,500, but there are important support levels to watch when there is a rejection. The analyst identified Bitcoin’s quarterly open at around $68,200, and this level stands out as the first major support area below the current price action. A move back to the quarterly open would therefore place Bitcoin at an important decision point for the broader timeframe. Related Reading: Analyst Predicts Biggest Bitcoin Bull Trap Of The Cycle, Calls Out 50% Crash To $42,000 However, perhaps the most important line in the sand for this quarter is $65,000, and this is because there are untapped lows around that area on the lower timeframes. Bitcoin has yet to revisit these untapped lows, and therefore, $65,000 represents areas of likely liquidity. However, there is a strong possibility that Bitcoin holds the region as support and stages another upside bounce from there. At the time of writing, Bitcoin is trading at $79,820, down by 1.8% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
The missile strike exacerbates tensions, diminishing short-term ceasefire prospects and highlighting challenges in achieving lasting peace.
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The collaboration signals escalating cyber threats and potential military tensions, impacting regional security dynamics and digital warfare strategies.
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Kuwait-Iran tensions highlight regional instability, potentially impacting geopolitical dynamics and investor risk assessments globally.
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Cisco's stock surge highlights the speculative nature of AI-driven market trends, raising concerns about sustainability amid modest growth rates.
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Rising inflation may prompt investors to diversify into digital assets, potentially increasing market volatility and impacting traditional equities.
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Binance's leadership shift may signal a strategic pivot towards DeFi and self-custody, impacting its marketing and partnership strategies.
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Morgan Stanley alone manages roughly $7 trillion in client assets. If its advisers shift even 3% of that into Bitcoin, the math gets staggering fast. That scenario sits at the heart of what financial adviser Ric Edelman calls a potential “flywheel effect” — a chain reaction of institutional money that could send Bitcoin soaring past $150,000 before 2026 ends. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High Wall Street Is Waiting For A Green Light Edelman laid out the argument during a recent appearance on the Milk Road podcast with host John Gillen. He said traditional financial firms have largely stayed on the sidelines not because of disinterest, but because of regulatory uncertainty. Once the Clarity Act passes, he said, that changes. Large brokerages, wealth managers, and fund companies would be free to move — and Edelman believes many are ready to do exactly that. Morgan Stanley has already told its advisers to begin adding small crypto positions to client portfolios. Other Wall Street firms are watching closely. The ripple effect, Edelman argued, could be enormous. Rising prices pull in more investors. More investors push prices higher. That cycle feeds itself, and the result could be a rally unlike anything the crypto market has seen before. He also said his longer-term target remains $500,000 per Bitcoin before the decade closes. Why The 60/40 Portfolio Is Losing Ground Much of Edelman’s case connects to a broader shift in how he thinks retirement investing should work. For decades, the standard advice pointed investors toward a 60/40 split — 60% stocks, 40% bonds — with the bond share growing as retirement approached. Edelman says that model was built around a world where people died in their mid-80s. That world is fading. His research with institutions including the Stanford Center on Longevity and MIT AgeLab points to a future where living to 100 becomes common. Under traditional strategies, many of those people would run out of money. His answer is an 80/20 model, keeping 80% in equities and growth assets well into old age. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance Within that 80%, he said at least 10% belongs in crypto. Younger investors with higher risk tolerance, he suggested, could go as high as 40%. Edelman did not push a single coin. Bitcoin remains the dominant choice, but he acknowledged the growing role of Ethereum and Solana. Some investors use a market-cap weighted approach, putting more into Bitcoin while holding smaller positions in other assets. Others prefer exposure through companies like Coinbase and Robinhood, which are tied to the growth of the broader crypto sector. Featured image from Pexels, chart from TradingView
The trade talks could reshape global tech supply chains, impacting sectors from AI to agriculture, and influence digital asset markets.
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The surge in long-term yields signals potential economic strain, impacting government debt costs, housing affordability, and investment strategies.
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SOL Strategies' acquisition of Darklake could enhance Solana's privacy features, potentially reshaping blockchain transaction security and compliance.
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Osero's funding and innovative approach could reshape DeFi by enhancing stablecoin yield options, potentially attracting more mainstream adoption.
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Saylor's Bitcoin strategy could yield high returns but poses significant risks, especially if Bitcoin's value declines over an extended period.
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Solana has entered a temporary correction phase following its strong breakout move, with profit-taking slowing momentum near key resistance levels. Even so, the overall market structure remains constructive, as the asset continues to hold above important support zones. If bulls regain strength and reclaim nearby resistance, SOL could be preparing for another leg higher within its broader bullish trend. First Target Zone Cleared Following 10% Breakout Rally The current market structure for Solana continues to lean bullish following its recent breakout above a key trendline resistance. According to analyst Bitcoin Meraklısı, the asset managed to hit its first upside target zone after an impressive rally of nearly 10%. However, once the price reached that area, sellers began stepping in, leading to profit-taking activity. Related Reading: Solana (SOL) Dips Modestly, But Traders Still Expect Bigger Move The recent decline is currently being interpreted as part of a short-term correction rather than the beginning of a broader bearish reversal. After such a strong move higher, temporary pullbacks are considered natural, with the analyst noting that dips toward the $92 level would still fit within a technically healthy structure. For SOL to resume its bullish continuation, the price must break back above the key $98 resistance zone and hold above it successfully. A decisive move beyond this level would signal renewed strength from the bulls and could pave the way for another push toward the higher targets highlighted on the chart. Momentum may have cooled in the short term, but there are still no major signs of breakdown or trend deterioration at this stage. Solana Breaks Out Of Long-Term Descending Channel According to an analysis by CryptoXLARG, SOL has successfully broken out of a long-term descending channel, marking a significant structural shift. The asset is currently in a phase of consolidation within the $92 and $95 range, serving as the necessary foundation for a trend reversal after months of downward pressure. Related Reading: Solana Finds Strong Support At $84, But Its Network’s User Activity Is Fading The primary hurdle for bulls is securing a sustained move above the $95 mark. Once this level is confirmed as new support, the technical path opens toward $102.70 and, extending to $106.50 and $118.26. In a high-momentum market environment, CryptoXLARG indicates that macro targets as high as $143 and $163 could eventually come into play. On the defensive side, the $92 level acts as the immediate support floor to maintain short-term optimism. Should volatility increase, deeper support levels are situated at $89 and $78. A failure to hold $78 would effectively invalidate the current bullish structure and likely trigger a deeper correction back toward $70. Ultimately, the validity of this breakout hinges on SOL’s ability to hold its ground above the $95 pivot. While losing the $92 support would significantly weaken the structure. Featured image from Pixel Plex, chart from Tradingview.com
Nvidia's growth potential hinges on sustained AI infrastructure investment, positioning it to capitalize significantly on this expanding market.
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Alphabet's yen bond sale highlights the strategic shift towards cost-effective global financing to sustain long-term AI infrastructure growth.
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The news follows growing calls from UK lawmakers and government officials to curb or temporarily ban crypto political donations in the country.
LMAX's Kiosk could redefine digital asset utility in finance, enhancing liquidity and integration across diverse asset classes for institutions.
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Iran's toll on the Strait of Hormuz could trigger global shipping route changes, impacting energy markets and prompting similar policies elsewhere.
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Bitcoin's resilience amid inflation-driven market turmoil highlights its potential as a hedge, attracting institutional interest and ETF flows.
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This partnership could accelerate institutional adoption of blockchain, bridging traditional finance with crypto through regulated, tokenized assets.
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The unversity’s endowment disclosed holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF.
CharuSan XRP, a market analyst, believes the XRP price could rise immediately to $300 once banks begin using it as a global settlement asset. The analyst framed this high price as a basic requirement for XRP to function as a global payment rail, not a speculative move. Furthermore, CharuSan noted that people who believe Ripple’s stablecoin RLUSD could serve as a settlement layer instead of XRP are completely missing the point, citing supply dynamics to support his claims. XRP Price Forecasted To Jump To $300 After CLARITY Act In an X post this week, CharuSan predicted that XRP could rise to $300 shortly after the Digital Asset CLARITY Act is passed. If this happens, he believes that banks will begin adopting XRP globally, increasing demand for the token and likely fueling a price surge as more capital flows through it. Related Reading: XRP’s 1,220% Spike, What’s Going On And Who’s Driving The Growth? CharuSan argued that anyone who believes that XRP will only reach $5 or $10 does not understand how banking infrastructure works, comparing that mindset to viewing banks as separate grocery stores. He pointed out that Ripple, the largest holder of XRP, has already partnered with major infrastructure providers such as Volante, ACI, Worldwide, and FINASTRA. These institutions do not operate independently but serve thousands of institutions at the same time, acting as a single large network with a vast number of banks linked to it. Because of this, CharuSan said Ripple does not need to sign individual contracts with every bank. He noted that the moment the crypto company links to the central cloud, every bank tied to that system would instantly gain access to XRP’s liquidity. CharuSab also pushed back on the idea that it would take years for XRP to reach a significant market value, arguing that those who believe this fail to understand how fast the software world is. As a payment system, the analyst said that XRP, priced at just $10 to $20, would be like trying to move an ocean of water through a small straw. He said a much larger pipe is needed to handle that volume. He noted that as XRP’s price increases, so does its ability to handle large-scale global transfers at much greater speed. Analyst Argues XRP, Not RLUSD, Will Be Used By Banks Responding to crypto members who pushed back against his claims, CharuSan noted in a separate post that many XRP holders and critics “have no clue” what volatility, liquidity, slippage, bottlenecks, or On-Demand Liquidity (ODL) really mean. He argued that they are unaware of the roles of major banks and payment providers such as JPMorgan Chase, Mastercard, the DTCC, ACI, Volante, and others. Related Reading: XRP At $21.5 Isn’t A Bet: Why This Analyst Says A Measured Move Is Coming The analyst stated that many people keep claiming that, rather than XRP, Ripple’s stablecoin RLUSD will be used for global bank transfers. He fired back against these claims, highlighting that RLUSD cannot handle trillion-dollar DTCC transfers or 0.10% of the 13,000 global banks with a supply of just 1.5 billion. He said that XRP, which has a circulating supply of over 61.7 billion tokens, is more positioned for this role. In terms of market value, CharuSan said that a high XRP price is mathematically necessary to prevent volatility and bottlenecks in the global financial system. Featured image from Freepik, chart from Tradingview.com
OpenAI says ChatGPT can better detect signs of self-harm and violence as the company faces lawsuits and investigations over dangerous chatbot interactions.
Bitwises Hyperliquid ETF starts trading Friday as HYPE rallies on Coinbases USDC deployer role and rising ETF demand.
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The liquidity squeeze highlights the vulnerability of risk assets to macroeconomic shifts, emphasizing the need for adaptive investment strategies.
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MEXC's expanded Guardian Fund enhances user trust and pressures competitors to bolster transparency and fund protection measures.
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Gemini posted $50.3 million in total revenue in Q1, pointing to growth in services, OTC trading and its crypto-linked credit card segment.
Security startup Calif says researchers used a preview version of Anthropic's Claude Mythos AI to help build an Apple macOS kernel exploit.