Bitcoin Eyes $110,000 After Breaking Falling Wedge Pattern

Cryptocurrency enthusiasts are buzzing with excitement as Bitcoin shows signs of a potential rebound. A popular analyst has predicted a significant price increase following a breakout from a classical bullish reversal pattern.

Bitcoin Breaks Falling Wedge – Is $110,000 The Next Stop?

A popular market analyst, Satoshi Flipper, has predicted that Bitcoin could experience a full market rebound after breaking out from a falling wedge pattern. The premier cryptocurrency rose above $88,000 in the past trading week but experienced a sudden crash on Friday due to macroeconomic pressures. The falling wedge formation, consisting of two converging downward-sloping lines, is a classical bullish reversal pattern. A breakout from this pattern is considered a strong buy signal, sparking hopes of a price uptrend.

Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes

US Bitcoin spot ETFs performed moderately positively last week, attracting about $197 million in net inflows. This follows an impressive market comeback over the past two weeks. According to data from ETF tracking site SoSoValue, Bitcoin ETFs registered total net outflows of $93.47 million on Friday, moving its aggregate netflows for the past week to $196.7 million. Prior to Friday’s negative input, these funds recorded a positive Flow for 10 consecutive trading days, suggesting a high amount of favorable market interest. This indicates a return of bullish sentiments among Bitcoin institutional investors.

$500 Trillion Bitcoin? Saylor’s Bold Prediction Shakes The Market

Michael Saylor, a prominent Bitcoin supporter, predicted that Bitcoin will potentially hit a $500 trillion market cap. He argued that the digital asset will demonetize gold, real estate, and all long-term stores of value. His statement comes amidst increased efforts by Congress to build the country’s BTC holdings.

Saylor $500T Prediction: Bitcoin’s Wildest Forecast

Michael Saylor, a prominent Bitcoin advocate, predicts that Bitcoin will demonetize gold, real estate, and all other long-term stores of value. He envisions a future where Bitcoin dominates the market with a $500 trillion market cap, making it worth more than everything on Earth today. This bold forecast comes despite Bitcoin’s controversial past, including being called a scam by Warren Buffett a decade ago.

5 Signs Bitcoin Is Primed to Pump Again This Year (Opinion)

In a blog post on Tuesday, the chief investment officer for the institutional grade Bitcoin ETF issuer wrote that two years ago, it was common for Bitwise clients to allocate ~1% of their portfolio to bitcoin and other crypto assets. But he’s noticed a big change: today, clients more frequently allocate 3% of their portfolio to bitcoin. As more of the world wakes up to the massive derisking in bitcoin, he predicts allocations will rise to 5% and beyond. ABC’s “Shark Tank” investing star Kevin O’Leary followed this exact trajectory and devoted 3% of his portfolio to BTC in 2021, later increasing that balance.

Gold Outshines Bitcoin as Safe Haven in Trump’s 2025 Tariff Chaos

A recent Bank of America survey found that 58% of fund managers view gold as the best-performing haven in a trade war, giving gold a significant preference over Bitcoin, which only received a 3% preference. Gold is proving its dominance as the crisis asset of choice, while Bitcoin struggles to hold its ground amid rising geopolitical risks, the ballooning US deficit, and uncertainty driving capital flight.