Salon predicts Elon “Pedo Guy” Musk’s house of cards is about to tumble.

Tesla is ridiculously overvalued for a carmaker, especially one with severe brand problems and an inability to sell cars. The hype has been around Elon, and as Elon has done more than enough to disprove his mythical genius, there isn’t a lot left propping the stock up. Sadly, his friendship with a man famous for throwing people under the bus has resulted in the anticipated result. While Musk is wearing shades, the future is not so bright.

While the smoke clears on the launchpad, another crisis is burning: xAI, Musk’s artificial intelligence venture, is reportedly on track to lose $13 billion in 2025. According to multiple reports, it’s burning through $1 billion every month, and bringing in barely a half-billion total. Musk moved GPUs from Tesla to prop it up and is now pitching a $9 billion raise to investors. But that’s not innovation — it’s triage.

And now, the political theater collapses too. After years of courting Donald Trump and MAGA-adjacent culture warriors, Musk has been frozen out by Trump himself, who reportedly isn’t taking Musk’s calls. No more backstage passes. No more power dinners. Just a guy with exploding rockets, a hemorrhaging AI startup, and a dying social media platform full of trolls yelling into the void.

Salon

Previously:
• Elon Musk made fool of by Assassin’s Creed social media team
• Elon Musk buys Twitter… again, from himself
• Trump Administration shilling for Elon Musk
• Trump official confirms what we knew: Elon Musk is painfully unfunny

#BNB

What a strong chart!

Abundance over a year$ bnb I’m going to push it high to find the price#binancecoin pic.twitter.com/xt1pfzq0lf

– Alex Clay (@cryptclay) May 21, 2025

Looking at the charts shared by Alex Clay, we see that he has identified the best breaks of his previous history and views the latest price action as a re-accumulation. To catch up with the context behind my drawings, please revisit the previous article here.

Discover: 9+ Best High Risk, High Reward Crypto Buy in May 2025

Binance Coins Looks Good on Charts: Technical Insights

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Starting this analysis again on the weekly chart, we can see that the BNB is pushed upward from the shape of this diamond (ISH). Often such a diamond pattern is called a diamond top, but its clean breakout is a real indicator of where the price is heading. Still, it is important to note that this is a rather rare pattern. Therefore, its accuracy is not as high as, for example, a rectangle.

Discover: Best New Cryptocurrencies to Invest in 2025

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Going into the daily time frame, you will see that the price has three clean touches and rebounds from the bottom trend line, breaking above the top trend line. BNB also broke the lower downtrend at the bottom. In other words, we broke the market structure by printing higher and higher and lower ones. The portion that adds a few percent to the bullish continuation is the retrieval and retest of the MA200.

If you were to enter a long position here, you would place the stop at $630 under the MA200 level.

Discovered: 20+ Next Cryptocurrency Exploding in 2025

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Finishing your analysis with the 4H time frame chart, you will see another powerful upward momentum movement begins. Binance Coin has been working well with Bitcoin over the past few weeks, and as Bitcoin heads for a new ATH, it is possible that BNB will do the same for $940-950 as its potential next target. Stay safe there!

For the latest market updates, please join us in the discrepancy in 99bitcoins news here

Post-Binance BNB Coin Showing Strength: A new ATH input first appeared in 99 Bitcoin.

On-chain metrics suggest the ongoing Bitcoin (BTC) rally is looking durable, according to the crypto analytics firm Glassnode.

The firm notes on the social media platform X that “first buyers and momentum buyers” continue to demonstrate strong engagement, while profit takers display only a moderate level of activity.

“This is constructive, as it suggests ongoing demand from new and trend-following participants without significant distribution pressure, supporting the durability of the recent rally.”

Glassnode also notes that US spot Bitcoin exchange-traded funds (ETFs) recorded a net inflow of 31,323 BTC worth $2.9 billion last week, representing the fifth-largest weekly BTC inflow on record and the third-largest in terms of dollar value.

The firm says the inflow highlights “renewed institutional engagement with Bitcoin, even at elevated price levels.”

Bitcoin is trading at $95,370 at time of writing. The top-ranked crypto asset by market cap is up nearly 1.5% in the past 24 hours.

In terms of Ethereum (ETH), Glassnode notes that the second-largest crypto asset by market cap is demonstrating its “first meaningful uptick” in first buyers since February.

“However, Profit Takers are also becoming more active, providing context for the recent stall in ETH price recovery.”

ETH is trading at $1,827 at time of writing and is up more than 3% in the past 24 hours.

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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 top Coinbase researcher says signs of a long-term crypto bear market are starting to emerge.

David Duong, the global head of research at Coinbase, says in a new analysis that the 200-day moving average (MA) indicates bearishness for Bitcoin (BTC) and the Coinbase 50 Index (COIN50), which tracks the performance of the 50 largest digital assets by market cap.

“As Bitcoin’s role as a ‘store of value’ continues to grow, we think a holistic evaluation of crypto’s aggregate market activity will be needed to better define bull and bear markets for the asset class, particularly as we’re likely to see increasingly diverse behavior in its expanding sectors.

Nevertheless, both BTC and the COIN50 index have recently broken below their respective 200-day MAs, which signals potential bearish long-term trends in the overall market. This is consistent with the fall in the total crypto market cap and decline in venture capital funding for this space, hallmarks of a potential crypto winter rising.”

The analyst says if a crypto bear market does set in, a bullish reversal could start taking shape sometime between July and September.

“Thus, we think this warrants taking a defensive stance on risk for the time being, though we still believe that crypto prices may be able to find their floor in mid-to-late 2Q25 – setting up a better 3Q25.”

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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 recent analysis comparing Bitcoin price movement with global M2 money supply added another data point to the growing discussion of the bullish stage ahead of cryptocurrency. Colin, a crypto analyst known as “The M2 Guy” on social media platform X, recently shared an update suggesting that Bitcoin is on a critical upward crisis, and that the expected timeline could be. Continue to test your patience Bitcoin trader.

Bitcoin’s reception rally could reflect the explosive growth of the M2

Colin, a crypto analyst known in X as “The M2 Guy,” continues to build his case around a correlation between Bitcoin and macro liquidity trends. His outlook for Bitcoin, which is currently bullish, is based About offset correlation Between cryptocurrency price action and global M2 money supply on daily candlestick charts.

Related readings

In previous analysis, analysts focused on Bitcoin price action on daily candlestick charts There is the best correlation 70 and 107 days offset. The latest update from analysts focuses on 107 days of offset, which he calls “the most likely scenario.”

An analysis of Bitcoin’s 107-day offset using Global M2 Money Supply shows that Bitcoin is about to surge. However, this isn’t just about the spikes of the day. Choline could last for two months, based on a rapid vertical trend in global M2 supply.

In terms of timing, the 107-day offset suggests that the explosive spikes are expected to begin around April 30th. Strong mathematical correlation. As the M2 line continues to surge upward, the rally could last longer.

Focus on the macros, not just on the day

April 30th is the focus of his prediction, but Colin asked his followers not to be overly pinned to the exact date. “Don’t get caught up in weeds,” he advised. The bigger story is more important and reflected in the rising global M2 level, which should ripen the environment for Bitcoin and other crypto assets to benefit from increased liquidity.

Related readings

Regarding price targets, the current trajectory of Global M2 Money Supply refers to gatherings over $140,000. However, an interesting prediction is on the price of Bitcoin Possibility of doubled By the end of 2025.

At the time of writing, Bitcoin has spent the last 24 hours trading for $84,310 Trades in scope $83,700 to $84,300. Based on this analysis of correlation with global M2 money, bullish Bitcoin investors may need to wait at least a month before a significant move.

This delay can pose challenges for short-term traders, depending on positioning and risk tolerance. Meanwhile, it is for long-term holders. Accumulate more bitcoin At the current low price before the expected rally.

Unsplash featured images, charts on tradingView.com

According to a recent post on X by crypto analyst Rekt Capital, Bitcoin (BTC) may finally be showing early signs of bullish divergence. If this pattern plays out, BTC could target the $101,000 level as its first milestone before moving higher.

Bitcoin Showing Signs Of Bullish Divergence? Analyst Weighs In

Since the beginning of February, the flagship cryptocurrency has endured multiple macroeconomic uncertainties, including US President Donald Trump’s proposed trade tariffs, the US Federal Reserve’s (Fed) hawkish statements, and the stock market downturn triggered by the release of China’s DeepSeek AI model.

Related Reading

Despite these challenges, BTC has remained range-bound between $93,000 and $98,000. However, early signs of a potential bullish divergence are beginning to emerge.

Rekt Capital pointed out BTC’s repeated failure to achieve a successful daily close above the $97,700 level, forcing it to find support around $93,000 at the lower end of its trading channel. While BTC continues to consolidate within this tight range, it is displaying a bullish divergence, as the cryptocurrency’s relative strength index (RSI) has formed a higher low on the daily chart.

In this context, bullish divergence occurs when the price continues making lower lows while the RSI reverses course and forms a higher low. This momentum shift often signals an impending trend reversal, potentially propelling BTC toward the crucial $100,000 level.

However, not all analysts are convinced that BTC is out of the woods just yet. Crypto analyst Merlijn The Trader shared his perspective on BTC’s price action, emphasizing how the top cryptocurrency recently touched the 100-day exponential moving average (EMA) at $93,500. They cautioned:

Historically, closing below this level often means a drop to the 200EMA—currently at $86k. But until the daily 100EMA breaks, there’s no need for panic. Stay sharp, the market is at a pivotal point!

Will BTC Fill The CME Gap?

Meanwhile, crypto market analyst CryptoBullet pointed to a CME gap from November that BTC may need to fill before resuming its upward momentum. The analyst highlighted a double-top formation, which could lead BTC to retrace down to $76,000 to close the gap.

Related Reading

For those unfamiliar, the “CME gap” refers to a price difference on CME’s Bitcoin futures chart that arises when trading pauses for the weekend while BTC continues moving on other exchanges. These gaps often attract price action, as traders anticipate a revisit due to liquidity, technical factors, and market psychology.

On a more optimistic note, Bitwise executives maintain that Bitcoin currently offers a “generational opportunity” despite the ongoing global macroeconomic turmoil. At press time, BTC trades at $96,168, up 1.3% in the past 24 hours.

Featured image from Unsplash, Charts from X and TradingView.com