🔥 Bitcoin Bulls are Waiting for this Move! (19 April 2025)

🤷‍♂️ Is Satoshi Alive? Quantum Computers Could Prove it! PLUS: Investors Buy Bitcoin at Historic Levels; Bitcoin is More Attractive than Gold & more!

Author

Jonathan Hamblin
April 19, 2025

 

In partnership with

Today’s newsletter is brought to you by Mode Mobile! Earn and save money directly from your normal every day mobile activities.

Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where the market may seem boring as it continues to go sideways . . .

But I would take that over a crash any day! 😅

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN
📌 BULL MARKET BULLETIN

  • Cryptocurrency Headlines - Is Satoshi Alive? Quantum Computers Could Prove it! PLUS: Investors Buy Bitcoin at Historic Levels; Bitcoin is More Attractive than Gold & more!

BITCOIN TECHNICAL ANALYSIS

The cryptocurrency market may be boring as of recently, but we have good news . . .

Bitcoin is moving in a positive direction and—believe it or not—all according to plan!

In our last newsletter on Wednesday, Bitcoin was +1.71% so far in April, and now we have increased to 2.91%!

Throughout April, we have seen massive pullbacks in price, followed up by an immediate reversal, and now we are moving sideways . . .

A lot of emotion in the market to say the least!

🤔 Are we still confident in Bitcoin’s movement in April? As we have been saying for quite some time, May to July/August this year is a timeline to watch for!

Yes, we are still confident in April being a month that preps the market for large moves to occur in the upcoming months, however . . .

The fun thing about the cryptocurrency market is that you never know what to expect next!

Without further ado, let’s dive into our Bitcoin analysis - but before we do, a word from today’s sponsor!

Elon Dreams, Mode Mobile Delivers

As Elon Musk said, “Apple used to really bring out products that would blow people’s minds.”

Thankfully, a new smartphone company is stepping up to deliver the mind-blowing moments we've been missing.

Turning smartphones from an expense into an income stream, Mode has helped users earn an eye-popping $325M+ and seen an astonishing 32,481% revenue growth rate over three years.

They’ve just been granted the stock ticker $MODE by the Nasdaq—and the share price changes soon.

*An intent to IPO is no guarantee that an actual IPO will occur. Please read the offering circular and related risks at invest.modemobile.com.
*The Deloitte rankings are based on submitted applications and public company database research.

Thank you to Mode Mobile for sponsoring today’s newsletter!

Bitcoin’s analysis is our favorite part of this newsletter! The memes are fun, but Byte and the Bitcoin breakdown are our highlight!

🔍 What are we highlighting today in Bitcoin’s movement? This is an exciting time for us to say the least!

Bitcoin is following the exact plan that we stated in our last newsletter, and we are very interested to see how all of this will play out!

Unfortunately, we do not hold the key to the future, but by studying the technical formations and patterns, we can read the emotion in the market.

As we all know, the emotion has been very high, but it is no secret that it can change in a matter of minutes!

However, it is important to read the market’s overall emotion because that is what fuels upward or downward movement!

Byte, what do you have for us today!

🤖 Byte the Bot: “Bitcoin continues to hold the bull flag formation with potential of higher movement increased from 56.23% to 74.92%!

If the bull flag formation is successful, the next major resistance to break is $88,669.92. Be emotionless in the market, like me, for success.” 🤖

. . . Byte, we all know there is emotion in there somewhere with all of the sass you deliver in each newsletter . . .

However, Byte is right! We are seeing a strong continuation of buying pressure with “Bitcoin whales” accumulating Bitcoin at the fastest levels in history!

To be more specific, these “whales” or those holding 100 to 1,000’s of Bitcoin are buying Bitcoin at 3X the rate that Bitcoin is being mined!

🔑 So, the lesson of the day is . . . do not panic and give in to fear in the market! You are witnessing that panic can be caused so others can buy Bitcoin at a lower cost!

So, what about the concerns that we had in our last newsletter? Let’s check out the “What to Anticipate” section below for more!

WHAT TO ANTICIPATE

It is easy to tell that Bitcoin is prepping for a massive movement in the near future!

How “near” in the future? Well, right now we continue to play the “waiting game,” but this game is critical for a strong upward movement!

As we said in our last newsletter on Wednesday . . .

🤔 Why is building support up to $86,520.95 important? Having more sideways movement in Bitcoin’s price means more consolidation.

With consolidation, we are building a strong foundation for a future upward movement to occur that actually has some “oomph” behind it!

As Byte said in his analysis, the bull flag formation success level of upward movement has increased!

Now, what about the concerns that we addressed last week? A quick refresher of what those were:

  • Build stronger support up to $86,520.95

  • Hold support at $81,322.51

It was key to build strong support with sideways movement but not to break the top of the bull flag formation at $86,520.95.

📊 If the top of the bull flag formation was broken, then the consolidation period would end and that is not what we needed at that time.

As we keep saying, there was too much emotion in the market and the sideways movement allowed calmness to occur!

🌍 In a perfect world: Bitcoin will break through the top of the bull flag formation and head directly to $88,669.92 to engage the next major resistance area.

From there, building support at that price level or even at the next resistance at $92,064.05 to build support is imperative

 💭 What are our final thoughts? Bitcoin is moving exactly to the plan that we created that hypothetically would build support and confidence in the market.

We are all excited for Bitcoin to move 50% overnight, but that is not what we need right now . . . we need a calm, steady upward movement.

We believe that higher moves are on the horizon, and we need to be smarter than the average “bear,” and stay calm . . .

Be strong and best of luck out there, friends!

BULL MARKET BULLETIN 📌

Buying Gold Versus Buying Bitcoin! Bitcoin has always aspired to be the “digital gold” by replacing gold and becoming the new “gold standard!” Through studies, it shows that Bitcoin is easier to buy and has many positives that make it more attractive than gold such as not needing a vault for storage, verification for buying, etc. Also, with our new digital age, it would make sense that our standard would be digital! 🤔 Let’s not forget, Bitcoin has a finite supply, gold is continued to be mined!

Investors are Buying the Dip . . . Are you? With Bitcoin’s recent move down to $74,000 a couple of weeks ago, investors panic sold their holdings and are looking to buy back at a cheaper price. Problem is, according to Glassnode.com, large holders of Bitcoin (100-1,000+ coins owned) are buying more than 3X the new Bitcoin that has been mined! This marks the fastest rate of accumulation among shares and whales in Bitcoin’s history! Maybe the panic sellers shouldn’t have panicked? 😬

Is Bitcoin’s Creator Still Alive? A top question in the realm of cryptocurrency continues to be “Who is Bitcoin’s creator and is this person still alive?” Adam Back, mentioned by Bitcoin creator “Satoshi” in the Bitcoin whitepaper believes that quantum computers will provide us an answer to if the creator(s) is still alive! 👀 How exactly? Great question, click the title to find out!