BONK is facing profit-booking near $0.000026, but the pullback is likely to find buyers near $0.000020.
A new analysis shows that Bitcoin (BTC) may be on the verge of a calculated price crash that could take it below $107,000 before igniting the next bullish rally. The cryptocurrency market structure currently reflects a short-term bearish correction within a broader bullish trend, supporting the likelihood of a potential surge to new all-time highs soon. Bitcoin Prepares For Final Dip Below $107,000 Crypto market expert, Tehi Thomas, in a recent TradingView post, suggested that Bitcoin’s current structure may be entering its final corrective phase. The analyst points to a potential price crash below the $107,000 level as part of a strategic play by smart money. Related Reading: Bitcoin To Repeat Parabolic Phase From 2017 And 2021? Here’s The Target The analyst shared a chart showing Bitcoin forming consecutive lower highs while its price presses downwards. Across these highs, the market is also respecting a descending trendline, a pattern which often indicates short-term bearish pressure. Notably, this trendline appears to be serving as a potential trap designed to engineer a liquidity grab and discount entry. Thomas notes that once the key zone and sell-side liquidity area around $107,800 is taken, Bitcoin’s price is expected to dip into a nearby Fair Value Gap (FVG), extending down to the $106,500-$106,200 region. This FVG overlaps with critical Fibonacci levels, particularly the 0.786 retracement near $106,200, strengthening the confluence for a potential reversal point. Thomas has highlighted this $106,200 level as a high-probability buy zone, where institutions may re-enter the market. Notably, the analyst’s anticipated price correction for Bitcoin is not seen as a breakdown of structure or market failure, but rather a calculated liquidity grab to fill inefficiencies left from the previous lag. As long as the price respects the $106,000 range and displays bullish order flow afterward, its projected correction is expected to complete the accumulation phase. All-Time Highs In Sight After Key Reversal Following Bitcoin’s projected sweep and fill of the FVG, the cryptocurrency is expected to form a reversal structure that could kick off the next major rally. Despite the projected crash below $107,000, Thomas asserts that Bitcoin’s overall macro trend remains bullish. Moreover, this short-term pullback is considered a setup for a much larger move toward a new all-time high. Related Reading: Bitcoin Price To See 52% Increase To $166,000, Analyst Reveals Tight Timeline Thomas’s chart marks the $110,500 zone as the final magnet and ATH target, with a significant layer of untapped liquidity above it. The analyst’s thesis is that once the sell-side pressure is exhausted and displacement confirms the shift in direction, Bitcoin could once again regain bullish momentum. Furthermore, the TradingView expert has pointed out that the FVG near $106,200 acts as both a liquidity magnet and a springboard, set to launch the flagship cryptocurrency into price discovery mode once again. Currently, Bitcoin is trading at $108,744, meaning a potential surge to the projected ATH level at $110,500 will represent a 1.61% increase. Featured image from Pixabay, chart from Tradingview.com
The first US-listed spot Solana exchange-traded fund (ETF) received $21 million of net inflows on July 8, lifting its running total to $41.2 million, based on Farside Investors’ data. The one-day addition to the Rex-Osprey’s Solana + Staking ETF (SSK) 104% of the $20.2 million raised over the previous three trading sessions, effectively doubling net […]
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The motion to pause repayments to residents of certain countries has added a new wrinkle to the FTX saga.
The Thumzup Media Corporation provides a platform for influencers to market various products on social media to earn revenue.
Justin Sun, a serial entrepreneur with a keen focus on blockchain technology and the web3 space, has announced a strategic investment in Donald Trump-backed memecoin dubbed Official Trump ($TRUMP). The Tron (TRX) founder announced he is committed to purchasing $TRUMP tokens worth $100 million in the near term. The announcement follows a recent move by …
Greek authorities carried out the country’s first-ever crypto seizure after tracing funds linked to the record-breaking $1.4 billion hack of crypto exchange Bybit earlier this year. The Hellenic Anti-Money Laundering Authority issued a freezing order on a suspect wallet following a months-long investigation aided by blockchain analytics firm Chainalysis. The operation targeted funds allegedly stolen […]
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Bitcoin price hit new highs today, but surging US debt and concerning housing data raise fears of a recession-led Bitcoin drop toward $95,000.
A new study of 15 million biomedical papers found telltale language patterns linked to ChatGPT, suggesting that AI tools are reshaping scientific writing far more than expected.
The proposal, which launched voting on Wednesday, had more than 99% support from roughly five billion tokens at the time of publication.
In a monthly chart shared on July 8, crypto analyst Kevin (@Kev_Capital_TA) outlined a long-term bullish thesis for Dogecoin (DOGE), identifying a clear historical pattern that may signal the next major leg in its price trajectory. The focal point of the chart is the 1.618 Fibonacci extension—used as a key projection level—which Kevin implies is Dogecoin’s next major upside target. Based on the chart, this level corresponds to $3.94. History Says Dogecoin Will Hit $3.94 Dogecoin’s price action has followed a remarkably consistent macro-pattern across three major market phases. In each, DOGE formed a clear descending wedge, followed by an impulsive breakout and parabolic rally. These structures are annotated in yellow on the chart and preceded both the 2017 and 2021 bull runs. The most recent wedge breakout completed in November last year, with a retest of the breakout currently taking place. Kevin marks two historical Fibonacci extension levels that were reached following previous consolidations. Both peaked near the 1.618 Fibonacci extension of their respective bases—a common target for extended bullish moves in technical analysis. For the current structure, this places DOGE’s long-term Fibonacci target near $3.94, which would represent a roughly 2,218% move from the current price around $0.17. Related Reading: Chartist Slams Misleading Dogecoin Analysis: ‘Focus On This Instead’ Indicators further support the notion of a long-term base having formed. The RSI (Relative Strength Index) on the monthly chart has just reclaimed the neutral 50 zone, currently sitting at 50.39, a signal often interpreted as the transition from bearish to bullish control. In prior cycle, the monthly RSI always topped above 90. Notably, the monthly RSI is also in an uptrend since mid-2022, respecting the yellow trendline drawn by the analyst. A significant confluence comes from the Stochastic RSI, which has just completed a bottoming crossover in the oversold region. The last time this occurred, in early 2020, Dogecoin followed with a parabolic surge. This same dynamic now appears to be setting up again, echoing the previous cycle. Also noteworthy is the chart’s structural emphasis on 0.382 Fibonacci retracement support, currently plotted at $0.13778, from which Dogecoin appears to be bouncing. This aligns with the green supertrend support, suggesting a critical local floor has been found. Related Reading: The $1 Dogecoin Dream Is Alive: Chartist Lays Out Parabolic Scenario While the purple zones on the chart above $0.50 are not formal price targets, Kevin clarified in a response to a community member that they are key resistance zones—intermediary checkpoints before DOGE can make a full move toward its final Fibonacci extension. These zones span from approximately $1.00 to $1.20 as well as from $2.30 to $2.50, and eventually up toward the $3.94 range. Kevin emphasized that “as well as Dogecoin has done this cycle especially compared to other altcoins, it still has not even come close to what it is capable of. That will change in the right environment.” He further noted that Dogecoin has already seen a 10x move from its bear market low to the local highs, but believes “there’s still work to do” when the cycle of quantitative tightening by the US Federal Reserve ends. The chart and commentary triggered a strong community reaction. Users like @MonetaryRegimee declared “We always hit the 1.618,” to which Kevin replied, “Typically yes,” reinforcing his confidence in the fractal repetition. Others described the current price action as “the calm before the storm.” Whether Dogecoin ultimately fulfills its fractal-driven destiny toward $3.94 remains to be seen. But the historical technical symmetry laid out by Kevin’s chart offers a compelling case that DOGE’s long-term rally may be far from over. At press time, DOGE traded at $0.174. Featured image created with DALL.E, chart from TradingView.com
The House Ways and Means Committee is set on July 16 to examine how to set up proper taxation for the crypto sector.
Bitcoin (BTC) price has recorded a new all-time high (ATH) of about $112,000 on several cryptocurrency exchanges, led by Binance. The flagship coin surged over 2 percent in the past 24 hours, thus rallying above the former ATH of about $111,814, which was recorded on May 22, 2025. According to aggregate data from CoinMarketCap, Bitcoin’s …
Hester Peirce, head of the US Securities and Exchange Commission’s (SEC) Crypto Task Force, said that putting securities on a blockchain “does not have magical abilities to transform the nature of the underlying asset.” In a July 9 statement, Peirce emphasized that tokenized shares, notes, or entitlements “are still securities,” requiring issuers, intermediaries, and traders […]
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Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why.
The SEC's delay in approving in-kind processes for crypto ETFs may slow innovation and market efficiency in the digital asset space.
The post SEC pushes back decision on in-kind creations and redemptions for BlackRock Ethereum ETF appeared first on Crypto Briefing.
Hyperliquid’s expansion across the DEX landscape and its growing user base could trigger a HYPE price rally above $45.
The surge in Bitcoin's value highlights increased institutional interest and regulatory optimism, but also underscores heightened market volatility.
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SEC commissioner Hester Peirce echoed former chair Gary Gensler in calling for market participants to “consider meeting with the Commission and its staff.”
Bitcoin (BTC) reached a new all-time high of $112,040 on July 9, edging above the previous intraday peak of $111,917.37 recorded on May 22, TradingView data shows. The breakout arrived hours after President Donald Trump dispatched formal tariff letters to seven nations, unveiling duties of up to 30% that take effect Aug. 1. According to […]
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US traders and DeFi fans have turned their eyes to Sei Network (SEI) after its Total Value Locked (TVL) climbed past $626 million. That leap marks a huge rise from about $60 million at the start of 2024, showing a strong wave of new funds and fresh users staking assets on the chain. Related Reading: XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029 Sei Network TVL Rockets According to DeFiLlama, TVL on Sei surged from roughly $60 million in January 2024 to almost $700 million at its peak. That represents nearly a 10 × gain in just six months—growth most rival chains only manage in single‑digit or low double‑digit jumps of 10–50 % over the same stretch. Based on reports by crypto fans on X, this kind of TVL swing is very rare in today’s tight market. $SEI just set a new all-time high for Total Value Locked, climbing past $625 million. ???? More capital flowing in, more on-chain activity picking up – the SEI ecosystem’s clearly pulling in fresh attention. pic.twitter.com/xqruXfoqVn — Kyledoops (@kyledoops) July 7, 2025 On‑Chain Activity Picks Up Crypto observer Kyledoops shared that daily transfers and smart‑contract calls on Sei have climbed steadily. “More capital is flowing in and on‑chain actions are rising,” he wrote. Some market observers say that some parts of the ecosystem saw 10–50 % jumps in TVL, with a few protocols posting even bigger gains. This buzz comes at a time when many DeFi projects are struggling to grow. Japan Approval Draws Investors Based on reports, a key boost arrived when Sei earned approval from the Japan Financial Services Agency. That nod gives it a regulated path into one of the world’s strictest crypto markets. Artemis Analytics noted that daily active addresses hit a two‑year high right after the JFSA greenlight. Institutions are said to be taking a closer look at trading and custody options in Tokyo. $SEI just received approval from Japan’s FSA It is required in Japan to be listed on exchanges so quite important. Once XRP received this, it had a HUGE rally ????@SeiNetwork ???? — Gordon (@AltcoinGordon) July 4, 2025 Price Swings Test Support SEI’s token price more than doubled in June after a US government‑backed stablecoin pilot was announced and after SEI Labs proposed SIP‑3, a shift to an EVM‑only chain. Even with that jump, the coin still sits about 78 % below its March 2024 peak, trading around $0.26 today. Some technical analysts point to a chart floor at $0.25. A breach there could push SEI closer to $0.20, which would put pressure on holders who bought in at higher levels. Related Reading: 2% Of All XRP Is In His Hands — But Who Is He? Sei Price Forecast According to current projections, SEI is set to drop by 25% and reach $0.19 by August 8, 2025. Based on technical indicators, market sentiment remains Bullish while the Fear & Greed Index sits at 66 (Greed). Over the last 30 days, SEI logged 17/30 (57%) green days and saw 19% price swings in that window. These figures suggest that short‑term dips could be sharp, but buyers may view lower prices as a chance to get in. Featured image from Unsplash, chart from TradingView
Bitget has rolled out tokenized stock trading on its Onchain platform, enabling crypto users to gain exposure to top global equities without relying on traditional brokerages. The move, announced on July 9, was made possible through an integration with Kraken’s recently launched xStocks infrastructure. The initial listings include tokenized versions of Tesla (TSLAx), Nvidia (NVDAx), […]
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The price of BTC has seemingly been capped at $110,000 for several weeks, with the price quickly reversing each time it approached that level.
Pump.fun, a top-tier memecoin launchpad on the Solana (SOL) network, has confirmed the schedule of the Initial Coin Offering (ICO) for its $PUMP token. According to the announcement on Wednesday, July 9, Pump.fun has scheduled the $PUMP ICO on July 12, 2025. The $PUMP ICO offering will involve 33 percent of the maximum supply of …
The London-based company is among a growing number of fintech firms leaning into faster, crypto-native payment systems.
XRP charts point to new highs. Will Ripple’s attendance in next week’s “From Wall Street to Web3” summit boost the altcoin’s price?
ARK Invest's June report notes a 15-year high in holdings for long-term bitcoin holders amid declining new investor activity.
The exploit of the GMX V1 decentralized exchange is the latest in a string of attacks targeting crypto firms and users in 2025.
Thumzup's crypto expansion, despite financial losses, highlights a growing trend of Trump-affiliated ventures embracing digital assets.
The post Donald Trump Jr.-backed Thumzup to acquire Ether, XRP, Solana following board approval appeared first on Crypto Briefing.
A group of US Democratic senators has introduced a new bill to sanction El Salvador’s President Nayib Bukele and members of his administration. The legislation, titled the El Salvador Accountability Act (S.2058), was put forward by Senators Chris Van Hollen, Tim Kaine, and Alex Padilla. If passed, the bill would require President Donald Trump to […]
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