I started looking into Bitcoin since 2019 and observing market since then. Here I will express my views on Bitcoin based on my prior experience. Any view should not be considered as a financial advice.

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Rajnee Saxena

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Prasad GI

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Himanshu Yadav

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Gourab Mitra

Atul Gupta

The crypto app Pump.fun is taking a significant step beyond its meme-coin 
roots, announcing broad new trading support that allows users to buy and sell 
a wider array of tokens directly within the platform. From meme coins to 
Bitcoin: Pump.fun…

Pump.fun moves beyond meme coins with new trading update

After the Bitcoin price recovered from the flush to $63,000 over the last 
week, expectations are that the uptrend could continue. This has sparked 
predictions for the next rally and that the BTC price could move above $70,000 
as a result of this. However, one analyst has thrown a wrench in this move, 
predicting that there could be another crash coming. This could lead to the 
final bottom, but suggests that much lower prices are coming first. The Ending 
Diagonal That Suggests Bitcoin Is Headed Downward EduwaveTrading posted an 
analysis on the TradingView website that paints a rather bearish picture for 
the Bitcoin price, at least in the short term. This prediction has to do with 
Bitcoin not reaching the previous swing low, and this could mean that there is 
another wave coming to help it hit that swing low. Related Reading: How High 
Will The Dogecoin Price Be If Bitcoin Reaches $200,000? As a result of the 
swing low not being hit, the crypto analyst suggests that Bitcoin could have 
dropped into an expanding ending diagonal pattern. This pattern, despite the 
recovery, points to another possible downward move. This move would be the 
start of a deeper downtrend that sends it to new yearly lows. The swing low 
target here lies just above $62,000 and could be a magnet for the price at 
this point. If the expanding ending diagonal pattern plays out, it means there 
is one more flush left. Once the swing low is broken, the analyst points out 
that Bitcoin could drop further below $59,000 before finding support again. 
Given this pattern, the crypto analyst suggests that investors may want to 
wait for this next flush to play out before doing anything. Only then would it 
be ‘safe’ to enter into Bitcoin, in order to avoid further losses. BTC Is 
Still Very Bearish Just like EduwaveTrading, another crypto analyst, Behdark, 
has predicted that Bitcoin will see another crash. This time around, the 
analyst points to the takeout on the downtrend lined the fact that the 
momentum has been dropping ahead, suggesting that Bitcoin is still very 
bearish. Related Reading: Are Institutions Killing Bitcoin And Ethereum? 
Here’s How They’ve Fared Since Companies Got Involved If the sellers continue 
to hold strong, then the crypto analyst sees Bitcoin falling toward $61,000, 
which coincides with the swing low that EduwaveTrading points out. Both of 
these analyses together say that it’s highly likely that the BTC price sees a 
strong move downward before establishing enough support to continue upward 
again. Featured image from Dall.E, chart from TradingView.com

Seasoned Trader Says Final Bitcoin Flush Is Coming, Here’s The Target

The U.S. Senate delivered a decisive bipartisan blow to the prospect of a 
Federal Reserve–issued digital dollar on Tuesday, advancing a sweeping housing 
reform package that includes an explicit ban on a central bank digital 
currency (CBDC). Senate tacks CBDC…

Housing reform bill with CBDC ban surges through U.S. Senate

Compressed volatility, strengthening ETF flows, and a diminished Coinbase 
discount “are not characteristics of a market accelerating into a fresh leg 
lower,” said 10x Research.

Bitcoin slide slowing, but bear market still in play: Analysts

Anchorage Digital Bank and Tether’s U.S.-focused stablecoin venture released 
their first reserve report this week, showing the stablecoin token USAT fully 
backed by dollar-denominated assets with a modest surplus cushion as of Jan. 
31. Tether’s U.S. Stablecoin USAT Posts Overcollateralized Reserves in First 
Report Anchorage Digital Bank, a federally chartered national trust bank 
regulated by […]

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