Strategy&#8217;s ambitious but risky Bitcoin bets are gaining endorsements from Wall Street.

Strategy’s agressive Bitcoin purchases get green light from Wall Street analysts

Ripple’s $5 billion acquisition bid was reportedly snubbed as one expert says 
Circle is eyeing a $10 billion IPO amid bullish momentum and favorable crypto 
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IPO in Its Sights Attorney John E. Deaton, a well-known advocate for XRP 
holders, explained that Circle’s market value could […]

Ripple’s Failed Bid Explained: Expert Sees Circle’s $10B IPO Play Brewing

BitMEX co-founder Arthur Hayes says the United States is unlikely to add more 
Bitcoin to its reserves beyond what it has already seized due to the country&#8217;s 
high debt levels and the stereotype behind &#8220;Bitcoin bros.&#8221;
&#8220;I&#8217;m not really into the whole Strategic Reserve situation,&#8221; Hayes said in a 
May 1 interview.
## Hayes doubts any government announcing print money plans for Bitcoin
&#8220;The United States is a deficit country; the only way they can do a Strategic 
Reserve is not sell the Bitcoin they took from people, fine, that&#8217;s 200,000 
Bitcoin,&#8221; he said.
_Arthur Hayes spoke to Kyle Chasse on his crypto interview series. 
Source:__Kyle Chasse_
However, Hayes said it&#8217;s hard to imagine any &#8220;properly elected&#8221; politician 
openly announcing that the government plans to print money to buy Bitcoin 
(BTC).
&gt; &#8220;Especially when the popular narrative is a bunch of Bitcoin bros going to 
&gt; the club.&#8221;
&#8220;Is that really what you want people to think about your policy?&#8221; he asked.
On March 6, Trump signed an executive order to create a Bitcoin strategic 
reserve and digital asset stockpile in the United States. The US holds 198,012 
Bitcoin worth over $18 billion, as per recent data. The reserve is primarily 
formed of Bitcoin seized in criminal and civil cases, including significant 
amounts from the Silk Road and Bitfinex hack cases.
However, many crypto industry leaders believe that if the US government starts 
buying Bitcoin, it could set off an aggressive domino effect.
Sergej Kunz, co-founder of exchange aggregator 1inch, said during 
Cointelegraph&#8217;s LONGITUDE event in Dubai that if the US starts buying Bitcoin 
for a strategic reserve, even smaller countries may soon struggle to acquire 
the cryptocurrency.
He added. &#8220;I&#8217;m pretty sure we&#8217;ll soon see countries battling over who owns 
more Bitcoin. The US will start.&#8221;
## Hayes sees Bitcoin to altcoin rotation playbook staying the same
Hayes remains confident that the Bitcoin cycle leading into altcoin season 
will follow the same pattern as it did in 2021, despite differing views from 
other analysts.
&#8220;I personally think Bitcoin dominance is going back to where it was before the 
2021 altcoin season, which is about 70%,&#8221; Hayes said.
Hayes isn&#8217;t convinced the pattern will change. &#8220;Then people just start 
rotating,&#8221; he said. &#8220;It&#8217;s back at all-time highs; bull markets are back, and 
altcoins should outperform. Should is a keyword there,&#8221; Hayes said. &#8220;Depends 
on what you buy,&#8221; he added.
_**Related:**__**Bitcoin price about to &#8216;blast&#8217; higher as Fed rate cut odds 
jump to 60%**_
Bitcoin dominance &#8212; the ratio of Bitcoin&#8217;s market capitalization to the 
entire crypto market &#8212; is 64.78% at the time of publication, according to 
TradingView data.
_Bitcoin dominance was 57.59% on Jan. 1. Source:__TradingView_
This represents an 11.68% increase since Jan. 1, when Bitcoin dominance was 
hovering just below 60%, a level where some analysts said would be its peak 
before altcoin season began. Several analysts doubted that Bitcoin dominance 
would ever return to 70%.
One of those skeptics was Into The Cryptoverse founder Benjamin Cowen, who 
explained in August that he doesn&#8217;t &#8220;think it is going back up to 70%,&#8221; and 
his target for Bitcoin dominance has been 60%.
Meanwhile, in December CryptoQuant CEO Ki Young Ju said &#8220;altseason is no 
longer defined by asset rotation from Bitcoin.&#8221;
He said the traditional signal marking the beginning of an altcoin season when 
capital rotates from Bitcoin to altcoins is outdated. Instead, altcoin trading 
volume has become more prevalent against stablecoin and fiat currency pairs.
_**Magazine:**__**Crypto wanted to overthrow banks, and now it &#8216;s becoming 
them in stablecoin fight**_

Bitcoin bros at 'the club' may stop US gov’t from buying BTC — Arthur Hayes

The Bitcoin price has just printed a major bullish signal, officially 
confirming a strong local bottom and sparking renewed sentiment among 
analysts. This bullish shift comes after April closed in the green, reclaiming 
technical levels and signaling the potential for a significant move toward the 
six-figure price territory. Market expert Titan Of Crypto has announced on X 
(formerly Twitter) that Bitcoin has officially hit a local bottom. The analyst 
shared a chart showcasing that Bitcoin is flashing one of the strongest 
bullish signals. Bitcoin Price Establishes Solid Local Bottom According to the 
Ichimoku Cloud analysis, BTC’s price has closed firmly above the Tenkan (red 
line), Kijun (blue line), and Kimo cloud. All of these Ichimoku lines are 
sloping upwards, reinforcing that Bitcoin’s momentum and trend structure are 
aligned. Related Reading: Bitcoin Raging Bull Indicator Turns Back On, But 
This Level Holds The Key A close above the Tenkan signals short-term bullish 
momentum, while the Kijun confirms strength in a medium-trend. The thick Kimo 
cloud represents the most bullish configuration, indicating clear trend 
dominance. Furthermore, when Bitcoin closes above all Ichimoku lines, it 
establishes a dynamic support or resistance zone, validating the overall 
bullish structure. Adding more weight to this bullish signal, Titan of Crypto 
revealed that Bitcoin has reclaimed the April high, a key resistance level of 
around $95,173, which is now acting as a support area. The rectangular zone 
highlighted as “the local bottom” on the chart reflects price action between 
February and April 2025, where BTC formed a higher low above the Kijun. The 
bullish April monthly candle close above this zone officially establishes this 
region as a strong foundational support, which validates the possibility of a 
local bottom from a technical standpoint. With the local bottom confirmed and 
momentum on its side, Bitcoin could be headed to the next likely resistance 
area, marked on the chart as the “Next Point of Interest.” This area sits 
above the $110,000 region, near $115,000. For this bullish scenario to play 
out, BTC must maintain its position above the April high and the Kijun as 
dynamic support. Bulls will need to defend any retracements toward these zones 
to preserve momentum. Failure to do so could lead to a deeper correction, 
effectively invalidating the bullish outlook. BTC Price Action Looks Strong In 
a more recent X post, Titan of Crypto announced that Bitcoin is breaking out 
of a tight range and its price action looks strong. He shared an Ichimoku 
Cloud analysis of the cryptocurrency, showing a potential bullish breakout 
setup on the 1-day timeframe. Related Reading: Bitcoin Price Flashes Golden 
Cross That Only Happens Once Every Cycle, What To Expect Looking at the price 
chart, Bitcoin has been consolidating between $92,880 and $95,800 over the 
past several days, but momentum appears to be building for a potential 
breakout. A confirmed close above $95,800 would validate the breakout and open 
the door for a bullish continuation, with the price target set near $99,000. 
Featured image from Unsplash, chart from Tradingview.com

Bitcoin Price Confirmed Local Bottom As All Indicators Flash Bullish, Where’s Price Headed?

El Salvador is rapidly cementing its status as a global innovation powerhouse, 
fusing elite bitcoin education with cutting-edge AI training to supercharge 
national transformation and global influence. Bitcoin Advocate Applauds El 
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Ethereum has been holding steady above the $1,800 level despite multiple 
failed attempts to break higher. The current price action signals a potential 
shift, with volatility compressing and momentum building for a major move in 
either direction. After months of selling pressure and weak performance 
relative to Bitcoin, analysts now believe ETH is approaching a critical 
inflection point. Related Reading: Dogecoin Whales Buy 100 Million DOGE In 24 
Hours – Demand Signals Growing Confidence Top analyst Ted Pillows shared a key 
technical observation, highlighting the formation of a long-legged Doji candle 
on Ethereum’s monthly timeframe. This type of candle typically reflects 
intense market indecision, where both bulls and bears tested the extremes, but 
neither side gained clear control by the close. It’s often seen near major 
turning points, especially after prolonged downtrends or consolidations. If 
Ethereum can reclaim the $2,000 level in the coming sessions, it would confirm 
bullish intent and open the door to a stronger rally. On the other hand, 
failure to hold above $1,750 could trigger renewed downside pressure, possibly 
retesting deeper support zones. For now, ETH remains trapped in a tight range, 
but the technical setup and market structure suggest that a decisive breakout 
could soon define Ethereum’s path for the weeks ahead. Ethereum Key Resistance 
Levels Limit Upside Ethereum has been trading below the $2,000 level since 
late March, and this prolonged consolidation signals a market still searching 
for direction. Despite bouncing from local lows, ETH remains over 55% down 
from its December highs, reflecting the broader weakness in the altcoin 
market. Bulls have managed to hold the $1,800 level, but a sustained breakout 
above supply-heavy zones like $2,000–$2,100 is required to confirm any 
meaningful reversal. In the short term, Ethereum has started to build a more 
bullish structure, with higher lows forming across intraday charts. This 
suggests that bulls are gradually reclaiming control, though the pressure from 
sellers remains strong. Volume continues to thin out during upward moves, and 
without a decisive breakout, price may continue to chop sideways or revisit 
lower support zones near $1,700 or $1,550. Market sentiment is cautiously 
optimistic, with analysts closely watching technical signals for confirmation. 
Pillows pointed out that ETH recently formed a long-legged Doji candle on the 
monthly chart—a rare formation that often signals market indecision or the 
beginning of a trend reversal. If this candle marks a turning point, Ethereum 
may be preparing for a breakout. However, until bulls reclaim key resistance, 
the risk of a move into lower demand zones remains very real. Related Reading: 
HYPE Confirms Strength With Solid Throwback Response – Bullish Reversal? ETH 
Price Consolidates as Bulls Eye Breakout Ethereum is currently trading at 
$1,830, holding firm after several days of tight consolidation between $1,750 
and $1,850. This narrow range has defined recent price action, as bulls and 
bears remain locked in a standoff near key resistance. For bulls to maintain 
control and confirm a reversal structure, a decisive breakout above the $1,850 
level is critical. Reclaiming the $2,000 zone would likely spark renewed 
buying momentum and shift short-term sentiment in favor of the upside. 
However, the longer ETH stays capped below resistance, the greater the risk of 
a breakdown. If bulls fail to push above the $1,850 level soon, selling 
pressure may intensify. A loss of support at $1,750 could open the door for a 
move back toward the $1,700 zone. Further weakness from there could drag ETH 
down to retest the $1,500 level, where demand previously stepped in. Related 
Reading: Solana Monthly Candle Reclaims Key Levels – Is $240 The Next Target? 
With macroeconomic uncertainty still weighing on markets and Ethereum 
underperforming relative to Bitcoin, traders are watching closely for a 
decisive move. Until then, ETH remains trapped in a tight range where momentum 
is building, and a breakout or breakdown is likely just around the corner. 
Featured image from Dall-E, chart from TradingView