Who thought today the pump would be even bigger than yesterday? Bonk Crypto is thriving amid the pumps across the market. The bears are undoubtedly struggling, but the bulls see the continued strength of the market.
Bitcoin is trading for over $94,000 at the time of writing. It continued to grow to over $92,000, bringing a huge relief to ALT, earning over 20%.
Classical gap fills from daily trends to daily EMA100 – I was talking about this pattern in a group a few days ago.
It happens all time frames and is pretty acute in most cases both ways.
This is also the next transaction I’m looking for $ bonk. pic.twitter.com/an9ldrk9y8
-Gonzo (@gonzoxbt) April 23, 2025
Many traders in CT are looking forward to Bonk Price to eventually print a new ATH. Some have posted PNL photos to millions. And it’s not just bystanders of such behavior. When is the best time to board a train?
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Bonk Crypto is pushed up with strength: the next target
(Bonkusdt)
The Bonk 1D chart shows clear price action and allows you to draw a horizontal line at the key level. Since $0.09 from the bottom, Bonk has scored +70%. In my opinion, it’s too late to open up positions now. Wait for the market to settle a little.
The cup and handle pattern is one of the possibilities for price action. However, it is clear that first, zones between 0.0155 and 0.017 need to be retrieved. It is expected that 50% will then move to 0.025.
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Lower time frame analysis – 4H breakout
(Bonkusdt)
4H charts also give us good insights. The price broke and closed one candle above the red line below – the height of the previous two. It’s the first sign of resistance as we’ve returned to the first key level. We are MAS more than anything and I really love that the MA100 is over the MA200 right away. Sometimes called Golden Cross.
Prices are expected to consolidate within this range for a while until RSI cools back to 50-60 points. I’ll pay attention to that, and the last high is $0.014. This is a potential point of support and entry.
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Bonk Crypto is set to explode: Alt season arrives?
The key zone to play is $0.0155 – 0.017
RSI looks toppie in the 4H time frame
Formation of potential cups and handle bottom patterns
Long entry points possible for $0.014
Exploding Post-Bonk Crypto: ALT Season Will Arrive? It first appeared in 99 Bitcoin.
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