A widely followed analyst and trader who accurately predicted the bottom for Bitcoin (BTC) in 2018 says the crypto king is primed to go higher after a recent correction.

The trader and analyst pseudonymously known as Bluntz tells his 326,100 followers on the social media platform X that Bitcoin is likely done correcting after falling below the $116,000 price level.

“Send it.”

Looking at the trader’s chart, he seems to suggest that Bitcoin’s ABC correction is done and BTC is now targeting new all-time highs at $127,000.

Bluntz follows the Elliott Wave theory, which states that a bullish asset tends to witness a new uptrend after completing an ABC correction.

Bitcoin is trading at $117,262 at time of writing.

Next up is the Bonk (BONK) memecoin. According to the widely followed analyst, BONK is “holding up remarkably well” amid a Bitcoin correction.

Bluntz suggests BONK has completed an ABC-wave pattern to the downside and is now poised to hit the $0.000044 price area.

“Not only does BONK look like a nice clear ABC has already been put in, but it held strong and defended the lows while BTC dumped…

I suspect a rage pump is imminent on BONK.” 

BONK is trading at $0.000035 at time of writing.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

A widely followed crypto analyst says that one popular memecoin appears ready to print staggering gains en route to a $1 trillion market cap valuation.

In a new thread, pseudonymous crypto trader Crypto Kaleo tells his 709,800 followers on the social media platform X that he envisions the dog-themed digital asset Dogecoin (DOGE) surging to a price tag of nearly $7, which would represent a massive gain of over 2,600%.

“My target for DOGE this cycle is a one trillion dollar market cap (roughly $6.9420). Memes have proven they have real value throughout the course of the bear market. The king of memes deserves to see $1 trillion.”

Dogecoin is trading for $0.24 at time of writing, a 9.97% gain during the last 24 hours.

Crypto Kaleo goes on to note he mathematically deduced his prediction by comparing how DOGE did last cycle against Bitcoin (BTC) and assuming it would follow a similar pattern.

“‘Kaleo, isn’t this a little too bullish?’ Let’s do some math! My target for Bitcoin this cycle is >$500,000. That’s >$10 trillion market cap. Last bull market, Dogecoin hit nearly 10% of BTC’s market cap. 10% of $10 trillion is $1 trillion. $1 trillion market cap for Dogecoin = ~$6.9420 per DOGE.”

The analyst concludes by saying that DOGE is currently breaking out versus the top crypto asset by market cap and that traders should expect an upcoming ‘God candle.’

“Dogecoin is breaking out vs. Bitcoin. 100%+ God candle incoming.”

BTC is trading for $118,147 at time of writing, a fractional decrease on the day.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

A widely followed crypto analyst says that one Solana (SOL)-based altcoin that has already seen massive gains looks poised to skyrocket further while updating his outlook on two other popular memecoins.

In a new strategy session, pseudonymous crypto trader Bluntz tells his 325,100 followers on the social media platform X that the native asset of the Pudgy Penguins (PENGU) non-fungible token (NFT) collection appears ready to spark a rally despite already gaining 300% this month.

“Nice 18% dip here on PENGU, that should be more than enough in a strong uptrend like this. Should start pushing into fresh highs again from around here [in my opinion].”

The trader’s chart indicates that PENGU could rise to $0.038 during the next few days. The digital asset is trading for $0.0309 at time of writing, a 7.7% decrease on the day. On July 16th, PENGU reached its weekly high of $0.034, a 68% gain from its seven-day low of $0.0184.

According to the trader, PENGU feels like a “silent underperformer” as it has been the strongest meme asset during the last two weeks.

“Seeing PENGU up 143% in two weeks, has also been the best performing large cap meme (over 1 $billion market cap), I’d think more people would be talking about it. Maybe it’s my own echo bubble but feels like a silent outperformer.”

Moving on to the dog-themed meme asset Floki (FLOKI), Bluntz says that it has more room to grow before breaking its resistance level around $0.000123.

“Nice moves on Floki so far but still plenty of juice left in the tank. Breaking that $0.000123 resistance is inevitable [in my opinion].”

It appears that Bluntz’s prediction came true as FLOKI is trading for $0.000142 at time of writing, a 29% increase on the day.

Concluding his analysis with Bonk (BONK), another SOL-based memecoin, Bluntz says it appears as if it has much more room to grow despite rising 96% since the beginning of July.

“Well that was quick. BONK already +96%, and still looking like it has much higher to go.”

BONK is trading for $0.000036 at time of writing, a 4.9% increase on the day.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

Analyst and trader Kevin Svenson believes Bitcoin (BTC) is primed to go higher as the flagship crypto asset sits just a few basis points below the all-time high.

Svenson tells his 83,400 YouTube subscribers that whenever the S&P 500 index hits a new all-time high, Bitcoin tends to follow suit.

The S&P 500 index reached a record high of 6,333 points earlier this week.

“Bitcoin is now ready to play out the next major parabolic advance, the next phase of the parabolic trend…

…And if the S&P is stable or trending into new all-time highs, then that will allow Bitcoin to also do the same. It gives speculators confidence to speculate into a new all-time high for Bitcoin.”

After breaking out above the current all-time high of just under $112,000, Svenson says the first major target for Bitcoin is the $120,500 level. The analyst says Bitcoin could then pull back before initiating a parabolic rally.

“If you take a look at the current weekly chart for Bitcoin with the parabolic trend diagram overlaid onto it, you’ll see that we are setting up for the next major parabolic advance. The next major push towards $140,000 to $150,000 is what the textbook suggests. And this could probably take months, many, many months of, you know, movement to get there.”

Bitcoin is trading at $110,936 at time of writing, less than one percentage point below the all-time high of $111,814 reached in May.

?

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As Bitcoin (BTC) continues its climb toward its all-time high (ATH), several technical patterns and time-based indicators have turned bullish, suggesting the flagship cryptocurrency may be on the verge of parabolic gains in the coming weeks.

These Indicators Hint At Parabolic Rally For Bitcoin

In an X post published today, crypto analyst Jelle noted that BTC has broken out of a bullish pennant and completed a successful retest – signaling its readiness for a new ATH. The analyst added that the bullish pennant projects a potential target of $150,000.

For the uninitiated, a bullish pennant is a continuation pattern that forms after a sharp upward move, followed by brief consolidation within converging trendlines. A breakout above the pattern typically signals a continuation of the uptrend.

Fellow crypto analyst CryptoGoos highlighted another bullish structure – the inverse head and shoulders pattern. They shared the following weekly BTC chart and stated, “this is not the time to flip bearish on Bitcoin.”

To explain, while a normal head and shoulders pattern is bearish for the underlying asset, an inverse variation of the pattern is bullish. The pattern is characterized by three troughs – two shallow shoulders on either side of a deeper head – followed by a breakout above the neckline.

Crypto trader Merlijn The Trader drew parallels between the current BTC cycle and the 2013–2017 run. The analyst shared the following chart showing that BTC has completed an ABC pattern on the weekly timeframe, followed by a prolonged consolidation and a successful breakout retest.

Meanwhile, seasoned analyst Titan of Crypto shared an interesting correlation between BTC cycles and US elections. Historically, BTC has topped approximately 53 weeks after a US election.

Since the last US election was in November 2024, it’s been 36 weeks. This suggests that a BTC peak could arrive within the next 17 weeks if historical patterns hold.

BTC Exchange Reserves Drying Up

On-chain data also paints a bullish picture. According to a recent CryptoQuant Quicktake post by contributor Chairman Lee, BTC exchange reserves have fallen to a multi-year low of 2.4 million BTC.

Declining exchange reserves typically signal a tightening supply, which can precede major bullish moves as demand outpaces available BTC. The analyst noted that the current trend mirrors the 2020–2021 bull cycle.

That said, not all indicators are bullish. The TD Sequential recently flashed a warning signal, hinting at a possible correction that could push BTC as low as $40,000. At press time, BTC trades at $109,232, up 0.9% in the past 24 hours.

Featured Image from Unsplash.com, charts from X, CryptoQuant, and TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…

Share

Last updated: 

June 28, 2025

Solana (SOL) has posted a solid 4.3% gain this week, reclaiming bullish sentiment after falling to $126 just days ago. At the time of writing, SOL trades at $147.12, buoyed by a breakout above triangle resistance and improving technicals.

The sixth-largest cryptocurrency by market cap now appears poised to test higher levels, supported by a newly formed golden cross on the short-term chart and a growing appetite among Binance traders for long exposure.

While daily trading volume is still cooling down 9.11% to $3.19 billion—the structural momentum remains bullish. A bullish engulfing candle near the $144 breakout area confirms strong buyer interest, and the technical setup is pointing to further upside if volume returns.

Key bullish signs include:

• Price breakout above $144.02 triangle resistance
• Bullish EMA crossover (50-EMA rising over $143.22)
• Higher lows since the $140.28 rebound
• MACD crossover with expanding green histogram

Golden Cross and Pattern Breakout Fuel $150+ Outlook

The current price structure shows a clean triangle breakout on the 2-hour chart, with SOL climbing above the converging resistance zone.

This pattern, characterized by higher lows and lower highs, typically precedes a strong move. In Solana’s case, momentum has favored the upside, and the golden cross between the 9-day and 21-day moving averages is reinforcing that outlook.

If buyers sustain price above $147.50, the next key levels lie at $150.54, $154.43, and potentially $158.81. Analysts believe SOL could even reach $172.51 in the midterm, a move that would represent a 17.2% gain from current levels, if investor engagement rebounds.

Meanwhile, Binance trader data reflects growing optimism, with a rising number of long positions opened on SOL. This supports the case for a sentiment-driven rally, provided broader market conditions remain risk-on.

Trade Outlook: $172 in Sight?

Although the Solana price prediction remains bullish, with SOL testing the upper band of its breakout zone, traders have two options depending on their risk tolerance:

Trade Setup

• Entry: Buy above $147.50 on strong volume
• Target 1: $150.54
• Target 2: $154.43
• Stop-loss: Below $144.00

Alternative Entry: Wait for a pullback to the $144.00–$145.00 zone and buy on confirmation of support.

As long as price remains above $140.28 and volume trends upward, SOL’s path toward $160 and beyond remains intact. Traders should watch for a decisive daily close above $150 to validate further upside toward $172. This structure suggests bulls have the upper hand, if participation returns.

Bitcoin Hyper Presale Surges Past $1.6M—Layer 2 Just Got a Meme-Sized Boost

Bitcoin Hyper ($HYPER) has smashed through the $1 million mark in its public presale, raising $1,673,470 out of a $1,904,052 million target. With just hours left before the price jumps to the next tier, buyers can still lock in $0.01205 per HYPER.

As the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), Bitcoin Hyper brings fast, low-cost smart contracts to the BTC ecosystem. It merges Bitcoin’s security with SVM’s scalability, enabling high-speed dApps, meme coins, and payments—all with cheap gas fees and seamless BTC bridging.

Audited by Consult, Bitcoin Hyper is engineered for speed, trust, and scale. Over 91 million $HYPER are already staked, with estimated 577% APY post-launch rewards. The token also powers gas fees, dApp access, and governance.

The presale accepts crypto and cards, and thanks to Web3Payments, no wallet i

Cryptocurrency analyst and trader Michaël van de Poppe says Bitcoin (BTC) is showing signs of turning bullish.

Van de Poppe tells his 792,200 followers on the social media platform X that Bitcoin could soar above the $112,000 price and hit a new all-time high if BTC manages to break above the resistance level at around $108,900.

“Bitcoin trending back upwards, which is a great sign.”

Based on the widely followed analyst’s Bitcoin chart on the four-hour time frame, it appears Van de Poppe sees BTC witnessing a dip to the zone around $100,000 if the crypto king loses $105,500 as support.

Bitcoin is trading at $105,617 at time of writing.

Next up is the scaling solution Optimism (OP). According to the widely followed analyst and trader, Optimism has formed a bullish divergence against Bitcoin on the three-day time frame.

A bullish divergence forms when price makes lower lows or trends sideways while an indicator such as the Relative Strength Index (RSI) is forming higher lows. Van de Poppe says that the bullish divergence OP is forming could indicate the altcoin is “likely to turn around really soon” against Bitcoin.

OP is trading at 0.00005373 BTC ($0.561) at time of writing.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

The Bitcoin price, while still holding above $100,000, has not exactly inspired confidence in the crypto community recently. This comes as the digital asset failed to break above new all-time highs during last week’s rallies and, with the Israel-Iran conflict, saw a sharp plunge, erasing its weekly gains. Amid this, the bears have gained even more ground and are now more in control of the cryptocurrency’s price. Thus, the probability of a deep crash is heightened during this time.

Bitcoin Price Could Crash Below $90,000

In a TradingView post, pseudonymous crypto analyst MIRZA has called for a possible Bitcoin price crash that could send the market spiraling even more. The crypto analyst points to the rising weakness of the Bitcoin price and the formation of bearish patterns on its price chart.

Related Reading

The first notable bearish development was the fact that the Bitcoin price had been unable to break above $111,000 despite coming close last week. Since this is where the resistance for the previous all-time high lies, it shows that there is still not enough strength in the digital asset to continue its ascent. The result of this was the decline that sent it back toward the $103,000 as bears took a stand once more.

This bearish drop suggests that the asset is now forming a potential double top or a lower high structure. Both of this are bad signs for any asset as it suggests that the upward momentum has ended and there is nowhere to go but down. This change in momentum toward the negative suggests that there could be a liquidity grab at lower levels.

The crypto analyst predicts that there is a possibility that the upward trend could continue if the Bitcoin price is able to break above $107,000 and maintain it. Otherwise, the Bitcoin price is expected to crash by more than 15%, pushing it below $90,000 and as low as $85,000 before a bottom is established.

BTC Bearish Sentiment Grows

MIRZA is not the only crypto analyst who has called a possible price crash for Bitcoin. RLinda, also took to the platform to share what she expects next for the largest cryptocurrency by market cap. She points out that the Israel-Iran conflict was the reason that the Bitcoin price lost its bullish trend and was trending back downward at this point.

Related Reading

However, Bitcoin continues to hold support above $100,000 so far, which has shown some strength. As a result, the analyst explains that the BTC price could end up ranging between $102,500 and $106,200 for a while as a result. The end of this, however, could end up going two ways.

If Bitcoin breaks above $106,200, then it has a shot to rise above $110,000 again. However, if it loses the $102,500 support, then the next crash would send it toward $100,000 again.

Featured image from Dall.E, chart from TradingView.com

The recent price action hints at potential corrective consolidation toward the $2.2K threshold, before attempting a breakout.

Technical Analysis

The Daily Chart

ETH has encountered strong resistance at the crucial 200-day moving average around $2.7K over the past week, reflecting a significant seller presence at this psychological level.

The asset has lost upward momentum and is currently displaying a double-top formation—a classic bearish reversal pattern. This structure signals increased profit-taking and distribution, suggesting a probable short-term corrective phase targeting the $2.2K support zone.

This retracement phase could serve as a healthy reset, attracting new demand at lower levels and providing the necessary momentum for a fresh breakout above the $2.7K resistance. Structurally, Ethereum remains confined between the 100-day and 200-day moving averages, setting the stage for a potential bullish breakout in the coming weeks.

The 4-Hour Chart

On the lower timeframe, Ethereum’s weakening bullish momentum is reflected in its price action within an ascending wedge, a bearish reversal pattern. This formation often signals diminishing buyer strength and increased seller dominance. Additionally, a clear bearish divergence between the price and the RSI indicator confirms this outlook, pointing to aggressive distribution near the current resistance.

If ETH breaks below the wedge’s lower boundary near $2.4K, a pullback toward the $2.2K level becomes the most likely scenario. However, an unexpected breakout above the wedge could trigger a short squeeze, fueling a renewed rally toward higher resistance levels.

Onchain Analysis

Ethereum continues to hover below a critical resistance range, keeping investors on edge about the likelihood of a bullish breakout. While price action alone has provided mixed signals, insights from the futures market shed light on underlying sentiment shifts that could shape the asset’s next major move.

One of the most telling indicators is the ETH Taker Buy-Sell Ratio, which measures whether aggressive market orders are dominated by buyers or sellers. Aggressive orders, those executed at market price, typically reflect urgency and strong conviction from market participants.

Recently, this ratio’s 14-day moving average has seen a notable decline, pointing to increased aggressive selling activity. This trend suggests that bears are regaining control, triggering a wave of profit-taking and distribution as Ethereum struggles near resistance.

If the selling pressure persists and the ratio continues trending downward, Ethereum could undergo a deeper correction, with the $2.2K support emerging as a likely target. However, if this aggressive selling is primarily driven by short-term players or “weak hands,” it could represent a healthy consolidation phase before a broader bullish breakout resumes.

In short, Ethereum’s next direction hinges on whether the current selling momentum intensifies or exhausts, in the face of growing mid-term demand.

The post Ethereum Price Analysis: Is ETH Primed for a ‘Healthy’ Correction? appeared first on CryptoPotato.

TL;DR

• Tron’s network continues to attract users due to its fast transaction speeds and low costs, hence the latest impressive milestone.
• At the same time, the native token’s price seems stuck between two major buy and sell walls, with little indication of the direction of the next move.

Although it’s still behind the leader, Ethereum, Tron’s USDT share has skyrocketed in the past few years. According to Tether’s transparency page, almost $72 billion worth of the world’s largest stablecoin is on Tron (from the Total Authorized amount), while Ethereum leads with $74.5 billion.

The numbers are even closer when you look at the net circulation – $73 billion for Ethereum and $71 billion for Tron. Solana, Ton, and Avalanche trail further behind, with around $2 billion each.

Perhaps that’s one of the biggest reasons behind the milestone we hinted about. CryptoQuant informed earlier this week that Tron has “grown to be one of the most active blockchain networks in the world” as it had crossed the $10 billion total transactions target.

The report claims that the daily transaction count is well above $8 million, which places Tron among the leaders in the space.

Although the current average daily numbers are far from the 2023 peak, they are still close to the bull runs in mid-2021 and late 2024.

TRX’s price exploded late last year, surging to a new all-time high of over $0.43. However, it failed to maintain its run and has lost over 40% of its value since then. The past few months have seen the asset trading mostly in a tight range between $0.2 and $0.26.

According to a popular market observer and data analyst, TRX has built a buy wall at approximately the current price range, which acts as support in case of a violent nosedive. However, it also has a sell wall at around $0.3, which could mean that the asset will remain within this range for a while.