Quick Facts:
After falling over 7% on October 10, Bitcoin has now found strong support at a major upward-sloping trendline.
It’s worth noting that this is the same trendline that has held Bitcoin’s upward momentum ever since November 2022. In fact, the last two contact points with this trendline resulted in new all-time highs.
So, going by this alone – and considering that another Fed rate cut could be just around the corner – there’s a high likelihood we could see a new ATH in the next few days.
To find out what’s what, we turned to DeepSeek, one of the most powerful AI chatbots out there.
It swept through not only real-time price movements and industry updates but also what both big and small crypto analysts are saying across social platforms.
The analyst switched to Bitcoin’s weekly chart to show that in March, the token bounced 70% after a successful retest of a breakout from a major resistance line that had held the token down since April 2021.
And now, $BTC is once again forming that exact same pattern.
According to this analysis, we could see a similar leg-up this time around – remember, history tends to repeat itself – meaning Bitcoin could be headed for the $190K mark in the next few weeks.
Exciting, right? After all, this gives you the opportunity to back low-cap altcoins that could ride $BTC’s momentum all the way to the moon.
Additionally, Hyper’s SVM will enable developers to build smart contracts and decentralized applications (dApps) – something not possible before within Bitcoin’s ecosystem.
Hyper’s non-custodial canonical bridge will let you convert your Layer-1 Bitcoin into wrapped, L2-compatible tokens, allowing you to seamlessly interact with the SVM-powered Web3 ecosystem.
This means you’ll soon be able to access high-speed DeFi trading apps, NFT marketplaces, governance platforms, lending, staking, and gaming dApps, all compatible with $BTC.
How so? Because Maxi is Dogecoin’s distant cousin – one who’s aggressively building a loyal fleet of HODLers to take revenge on his elder brother.
You see, Dogecoin is the reason Maxi had to grow up in loneliness. The OG crypto hogged all the limelight thanks to its fun-loving, celebrity-backed status.
To achieve this, Maxi’s developers have reserved a whopping 40% of the total token supply for marketing, including paid PR campaigns, influencer collaborations, and social media blitzes.
In addition to raw gains, buying $MAXI will also unlock holder-exclusive events such as weekly trading competitions and leaderboard rewards.
On top of that, $MAXI plans to partner with futures platforms, aiming for dominance across both CEXs/ DEXs and the derivatives trading market, right alongside his arch-rival $DOGE.
Soon after its launch in the third week of January, it skyrocketed over 2,000% in just a couple of days, riding the popularity of the ‘crypto president’ of the United States.
Since then, Trump has consistently rallied for pro-crypto causes. Still, that support has arguably not been reflected in the price of the $TRUMP coin, primarily due to the tariff wars and his somewhat controversial personality.
But the token has now found strong support around the $5.3 level, and looks primed for a strong rebound.
It’s currently challenging a major downward-sloping resistance line that has been pushing prices lower since February this year.
Sure, this is an important resistance level, but given that it has already been tested over six times, there’s a high likelihood of a breakout now.
If that happens, we could see a sharp run-up to at least the $24.5 level – a nearly 215% gain from current levels.
Disclaimer: Invest in crypto only after doing your own research. The market is highly unpredictable, and none of the above is financial advice.
