Elon Musk revived the long-running “Dogecoin to the moon” saga on Feb. 3 with 
a casual “Maybe next year” reply on X, but this time the market barely 
flinched as DOGE kept sliding. SpaceX Boss Elon Musk Says ‘Maybe Next Year’ on 
Dogecoin Moon Plan On Tuesday, Feb. 3, 2026, Elon Musk, well known for […]

Elon Musk Revives Dogecoin Moon Talk, but DOGE Keeps Falling

Crypto analyst and Elliott Wave expert Gert van Lagen has highlighted a 
critical level that could determine the next move in the Bitcoin price. In a 
recently shared 2-week chart, Lagen points to a broader market structure that 
suggests Bitcoin may be preparing for another strong upward leg, provided it 
continues to hold above $74,000. According to the analyst, this level now 
serves as a key support zone, marking the boundary between bull-market 
continuation and a potentially more concerning structural breakdown. Why 
$74,000 Matters For Bitcoin Price Bull Structure In an X post, Lagen shared a 
detailed analysis of Bitcoin, predicting its next price move based on Elliott 
wave structures. His accompanying chart shows BTC completing an extended 
corrective phase following a multi-year rally. This correction, labeled Wave 
IV, has pulled the price back into a previous consolidation zone without 
disrupting the broader bullish structure. As long as Bitcoin remains above 
$74,400, the analyst views this move as a healthy reset rather than the 
beginning of an extended bear market. Related Reading: Here’s Why The Bitcoin, 
Dogecoin, And XRP Price Are Crashing This Week Looking back at earlier phases 
of the cycle helps explain why the $74,400 support level is so critical. Lagen 
noted that during the build-up to Wave III, Bitcoin experienced a deep 
retracement that nearly revisited the low from the previous corrective wave 
before pushing higher. The cryptocurrency’s current price action appears to 
follow the same pattern, with the latest pullback approaching the bottom of 
Wave IV at mid-$70,000. This type of pattern repetition is common in Elliott 
Wave structures and often signals that the market may be preparing for a 
stronger upward move. In line with this, Lagen highlighted that BTC’s recent 
price movements match the characteristics of a Wave II correction within a 
broader Wave V advance. He said that $74,000 remains in the invalidation area. 
Holding above it keeps Bitcoin’s bullish outlook intact, while a decisive 
break below it would force a reassessment of BTC’s entire market structure. In 
any case, the analyst has stated he does not expect Bitcoin to break this 
support zone. What The Chart Says About Bitcoin’s Next Move If the $74,400 
support level continues to hold, the projected path on Lagen’s chart suggests 
the start of a new impulsive rally that would mark the early phase of Wave V. 
The initial move higher is expected to push the Bitcoin price back above 
previous highs, signaling that the corrective phase has ended and momentum has 
flipped back in favor of the bulls. According to the analyst, if Bitcoin 
continues to mirror past patterns, a bearish outcome remains less likely. 
Related Reading: Bitcoin Price Will Still Rally Above $99,000 Despite Bearish 
Sentiment, Here’s Why Looking at his chart, Lagen has projected that Bitcoin 
could experience a bullish continuation toward the $260,000 to $320,000 
region, which aligns with sub-wave 3, the strongest phase of a Wave V advance. 
Following this, the final extension of Wave V is expected to push Bitcoin 
toward $400,000, reflecting a final-cycle advance and representing a surge of 
more than 410% from current levels around $78,000. Featured image from Peakpx, 
chart from Tradingview.com

Here’s What To Expect If The Bitcoin Price Maintains Support Above $74,400

Crypto traders usually view negative funding rates as a buy signal, but this 
week’s volatility US earnings outcome may cloud the value of the signal for 
ETH investors.

ETH funding rate turns negative, but US macro conditions mute the buy signal

Yearn Finance highlights the urgent need for better risk management as DeFi 
faces growing challenges.
The post Corn: DeFi faces critical customer support challenges, Yearn&#8217;s foresight on UST highlights governance risks, and the market is set for recovery in late 2023 | On The Brink with Castle Island appeared first on Crypto Briefing.

Corn: DeFi faces critical customer support challenges, Yearn’s foresight on UST highlights governance risks, and the market is set for recovery in late 2023 | On The Brink with Castle Island

2025 is set to be a game-changing year for blockchain, with explosive growth 
in digital wallets and investments.
The post Matthew Le Merle: 2025 will be the year of crypto equity, hundreds of millions will adopt digital wallets, and US regulation is shifting positively | On The Brink with Castle Island appeared first on Crypto Briefing.

Matthew Le Merle: 2025 will be the year of crypto equity, hundreds of millions will adopt digital wallets, and US regulation is shifting positively | On The Brink with Castle Island

Cryptocurrency price in USD