🚀 Bitcoin Breaks $100K! Here is Our Plan Forward! (10 May 2025)

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where we all bear witness to Bitcoin’s $100,000 break!

Does this cause for celebration or are we destined to break below $100,000?

I feel like we have been in this predicament before. 😅

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN

• Bitcoin Technical Analysis - Bitcoin Breaks $100,000!

• What to Anticipate Next - Take a Look at our Plan!

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines - US Vice President to Speak at Bitcoin Conference, Multi-Billionaire Advocates for Bitcoin and Remains a Fiat Critic, and More!

BITCOIN TECHNICAL ANALYSIS

Bitcoin has made a monster move in the past couple of days, and it is fair to say . . . it has been a long time coming.

In our last newsletter, we stated that we are very confident that May is going to be a positive month for Bitcoin - and in the double digits!

When we stated that, Bitcoin was at +2.98% so far in May, now we are sitting at +9.88%!

We stated at the same time that 25%+ returns for the 2nd quarter weren’t asking too much . . . well, great news! We just reached +25.35% for the 2nd quarter!

Since the beginning of this newsletter, we have been projecting that May to July/August of this year will be massive for cryptocurrency.

Prior to the newsletter’s origin, we have been saying that since 2021 - the time of Bitcoin’s last massive bull run.

Will this anticipation of ours prove true or will we have to go in hiding if it fails . . .

Well, let’s take a look at Bitcoin’s daily movement to see where we are at, but before we do, a word from today’s sponsor!

Thank you to CBDistillery for sponsoring today’s newsletter!

Let’s take a moment to celebrate Bitcoin’s massive move back into the triple digits! . . . alright, celebration over.

Between December of last year to February of this year, we have seen Bitcoin do this trick probably a couple hundred times . . . maybe a little sarcastic there . . .

🤔 What are we focusing on? Bitcoin’s break over $100,000 is great, but we are wanting to go much higher and there is a plan that must be followed.

As we said in our last newsletter, “we want to see how Bitcoin reacts, once again, to the triple-digit break . . .”

Don’t worry, we will dive more into our projections and thoughts, but let’s begin by taking a look at Bitcoin’s recent movement!

Byte, take it away!

🤖 Byte the Bot: “Previous analysis of 72.12% for Bitcoin breaking $100,000 within 10 days was successful!

Caution! If Bitcoin continues to overextend and surpass $105,000 within the next 48 hours, there is an 80.18% chance of breaking below $100,000”. 🤖

Thank you for that, Byte! Always a pleasure to see an in-depth analysis from you without the normal sass that accompanies it.

At the end of the day, Byte is right! We cannot continue the same movement that we have seen from Bitcoin in the past!

Even when Bitcoin broke $100,000 previously, we warned against the immediate continued movement and what it would yield.

We are giving the same caution with Bitcoin’s recent break above $100,000!

We have a lot to cover in this newsletter, so let’s jump into the “What to Anticipate” section below!

WHAT TO ANTICIPATE

Let’s start with our initial reaction when we saw that Bitcoin broke over $100,000 a couple of days ago.

It was “didn’t we call this move?" followed up by “if we do not build support, we are going back below $100,000 like so many other times”.

As we stated earlier, we have been waiting years for 2025 and the timeframe that we are projecting massive movement (May - July/August).

Now that we are here, we know that massive movement will occur, but we have to go about it the right way and be on the lookout!

In our last newsletter on Wednesday, we stated:

Since the beginning, we have said that April would be month that we start to build momentum and then the following months would yield the massive returns.

📊 What movement are we needing? We do not want Bitcoin to break the all-time high today, tomorrow, or even next week.

Once the booing stops, we will continue . . . it is imperative that Bitcoin hold between $100,000 (the mental resistance) and $109,114.88 (the hard resistance).

Why? Because we need to build support - and more importantly - we need to turn $100,000 from a mental resistance to a mental support!

🤷‍♂️ What if we break below $100,000? Breaking below $100,000 isn’t necessarily a bad thing, as it could be a quick break and result in a quick recovery.

If we break $100,000 and Bitcoin continues downward, we don’t want to break below $97,995.63 (the previous hard resistance).

To be more exact, if we did break below, we would want Bitcoin to hit around $98,000 and then recover past $100,000 to make that area a support.

. . . the game of technical analyses is converting support into resistance and resistance into support. Trading is a mental game, and we all see the same key areas.

📅 Watch this date! We previously marked that the 16th of May could potentially be the deadline for Bitcoin breaking above the all-time high.

As Bitcoin’s movement has been sporadic, the 16th of May would not allow for Bitcoin to build support.

How long do we want support to build? Quick answer, until the last week of May.

📈 What if Bitcoin breaks the all-time high? If this were to occur in the next two weeks, then there are a couple of scenarios that could occur.

• Bitcoin slightly breaks and moves back until the all-time high

  • This allows for Bitcoin to once again build support

• Bitcoin massively breaks through the all-time high and overextends

  • This results in a crash once the movement has ended

🚀 When Bitcoin rockets . . . we want it to be the next “bull run”, similar to 2013, 2017, and 2021.

Prematurely breaking the all-time high ultimately leads to Bitcoin pulling back - as it did last time from ~$109,000 to ~$74,600.

📊 What is the current resistance? Bitcoin’s next resistance level is $104,442.54 with the primary resistance being the all-time high ($109,114.88).

🌍 In a perfect world! Bitcoin will build support above $100,000 but not break $109,114.88 for the next couple of weeks.

We all want a massive break, right? Following the strategy above will get Bitcoin to $160,000 when the massive bullish rally begins!

As always, time will tell. Good luck and tune in for our next newsletter on the 14th of May!

BULL MARKET BULLETIN 📌

US Vice President to Address Support for Bitcoin! With the upcoming Bitcoin conference on the 28th of May, Vice President Vance will become the first sitting Vice President to voice his support for Bitcoin publicly! The 2025 Bitcoin conference is held in Las Vegas this year and will have many key speakers. Could this be the time that Bitcoin is waiting to break the all-time high - similar to when Bitcoin broke the all-time high during the Presidential race?

Multi-Billionaire Embraces Bitcoin, Gold, and Silver! Robert Kiyosaki, best-selling author of Rich Dad Poor Dad is sounding the alarm against centralized monetary policy and is advocating for Bitcoin, gold, and silver. He stated,” I strongly believe, by 2035, that one Bitcoin will be over $1 million, gold will be $30,000, and silver $3,000 a coin”. What are your thoughts on this statement?