Bitcoin’s Dip: A Shakeout, Not the End of the Bull Run
Bitcoin’s recent 22% pullback from its all-time high has some investors worried, but analysts say it’s just a temporary shakeout—not the end of the bull cycle. Historically, corrections like this are normal within Bitcoin’s four-year cycle, which has guided price movements for over a decade.
While some technical indicators turned bearish, Bitcoin’s fundamentals remain strong. The rise of institutional investments and the impact of Bitcoin halving continue to shape long-term price trends. Experts suggest that $72,000–$73,000 is a key support range, and Bitcoin’s next move will depend on global market conditions.
The Rise of Whale Hunting: A GameStop-Style Battle in Crypto
A new trend is shaking up crypto markets—traders are banding together to take down big whales. On the Hyperliquid blockchain, traders are tracking high-stakes leveraged positions and attempting to trigger liquidations of massive Bitcoin short-sellers.
This strategy mirrors the GameStop short squeeze, where retail investors turned the tables on Wall Street hedge funds. A recent target was a whale with a 40x leveraged Bitcoin short worth over $524 million. Traders pushed Bitcoin’s price higher, nearly forcing a liquidation.
However, some speculate the whale may be using self-liquidation tactics to create a market surge. Whether this trend continues or backfires remains to be seen.
Bitcoin Whale Bets Big on Price Drop Ahead of Key Fed Meeting
A Bitcoin whale has placed a high-risk $368 million bet on Bitcoin’s price falling, using 40x leverage—meaning even small price swings could lead to massive gains or losses. If Bitcoin climbs past $85,592, the whale’s position could be liquidated.
This bold move comes ahead of the Federal Reserve’s FOMC meeting on March 19, a key event that could impact investor confidence in risk assets like Bitcoin. Analysts warn that if Bitcoin drops below $76,000, selling pressure could increase. However, a weekly close above $81,000 could signal resilience in the market.
Bitcoin’s Bullish Signal Points to $120K Surge
Bitcoin’s Stochastic RSI has flashed a bullish cross, a historically strong indicator of price surges. This signal has previously preceded gains of 50% or more, and analysts predict Bitcoin could reach $120,000 by July or August if history repeats itself.
Adding to the bullish case, hedge funds are buying the dip, increasing their Bitcoin exposure amid the recent price correction. This institutional accumulation reinforces the upside potential.
If Bitcoin holds above its 50-week EMA at $77,230, the uptrend remains intact. However, a break below could lead to a deeper correction. Will this be Bitcoin’s next parabolic move?
Toncoin Surges as Telegram’s Pavel Durov Leaves France
Toncoin’s open interest (OI) skyrocketed 67% in just 24 hours following reports that Telegram founder Pavel Durov had left France after being required to stay there for months. OI, which tracks active derivative contracts, hit $169 million, its highest level in over a month.
TON’s price also spiked 17%, fueling speculation of a long-term accumulation phase. However, if the rally fades, $18.8 million in long positions could face liquidation if TON drops back to $3.00.
Durov’s legal troubles have repeatedly impacted TON’s market, highlighting its deep ties to Telegram and its evolving role in the crypto space.
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