👀 Bitcoin's Bullish Window - 14 Days to Go! (2 April 2025)

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Today’s newsletter is brought to you by Consensus 2025! Crypto’s most influential event held this year in Toronto, Canada from May 14th - May 16th!

Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where Bitcoin’s sideways movement leaves us in anticipation . . .

Will the market recover or are we doomed to working at McDonalds for the rest of our days?

What a fun cliffhanger! 😂

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN

• Market Overview (7-Day) - Top Gainers & Losers!

• Bitcoin Technical Analysis - The Descending Triangle

• What to Anticipate Next - This Date is Key!

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines - "Bitcoin Bonds" Could Direct $200 Billion Towards Bitcoin, Bitcoin Mining Venture Pursues NYSE Listing, Metaplanet's 10.2B Yen Purchase & More!

MARKET OVERVIEW (7-DAY)

BITCOIN TECHNICAL ANALYSIS

Bitcoin has us on the edge of our seat as it keeps teetering into the “pullback area” and back towards the “bullish area!”

But, hey! It is a new month with new hope! So, what exactly was Bitcoin’s performance in March?

📊 We ended March at -2.3% but here is the surprise . . . Bitcoin is at +2.41% in April so far!

We have to stay positive as we continue the year, negativity will only cast a shadow on our portfolios . . .

I don’t know about you, but my portfolio can’t take that at this point . . .

🤔 What was April’s past performance? Since 2021, it hasn’t been anything exciting. Well, unless you want to get negative.

In 2022, April ended at -17.3% and last year it ended at -14.76%.

It may be too early to tell what April has in store for us, but let’s take a look at the chart and cover what we are projecting!

Before we do . . . a lovely word from today's sponsor!

Thank you to Consensus 2025 for sponsoring today’s newsletter!

Let’s direct our attention below to Byte to see what he has for us . . . Byte, take it away!

🤖 Byte the Bot: Ascending triangle pattern detected . . . Bearish inverse cup and handle formation—failure confirmed . . .

Critical event: Support and resistance line convergence on April 16th . . . 🤖

Thank you, Byte!

We have a few variables that we have our eyes on at the moment:

1. Bearish Inverse cup and handle formation failed

2. Ascending triangle formation ends on April 16th

3. Potential higher highs and higher lows indicate bullish activity

Going into April, this may be Bitcoin’s chance to “turn the tide” and start moving upward!

💭 What are our thoughts on Bitcoin’s movement? Bitcoin has been moving sideways for about 45 days.

Consolidation is great, but we need to continue an upward pattern to avoid crashing back down into the “pullback area!”

Don’t worry, we will get more into anticipated movement in our “What to Anticipate” section below.

🧠 Trading Fact! Trading patterns are key in movement anticipation! Why? Because everyone is watching them and trading accordingly.

WHAT TO ANTICIPATE

There is a lot going on in the cryptocurrency world and many things to focus on.

As we said in our newsletter on Wednesday:

🙏 Bitcoin held support at $81,322.51! By Bitcoin holding this support, it ended the bearish inverse cup and handle formation.

Granted, we still are in a bearish descending triangle formation . . . but once that concludes, we are predicting bullish movement from there!

📅 Keep this date in mind! April 16th is where the support and resistance lines converge! This date or before will give us an important answer . . .

Is Bitcoin headed back down or has support become strong enough to drive the price back up.

🌍 In a perfect world: Bitcoin breaks through the descending triangle formation and back towards the first resistance at $91,247.39.

At that point, Bitcoin continues the “higher highs and higher lows” movement indicating that Bitcoin is recovering after the sideways consolidation!

🤔 What are our final thoughts? It may be too early to tell, but we are excited for what April could have in store for us!

Like we have been saying, we are optimistic for May - July. April is where the tide needs to turn to make that a reality!

🧠 Don’t Forget! Take a look at Bitcoin’s movement over a longer period of time. Only focusing on daily movement will drive you mad!

BULL MARKET BULLETIN 📌

Bitcoin Think Tank Could Save Taxpayers Billions! Everyone should be familiar with “government bonds” . . . but are you familiar with “Bitcoin bonds?” The US Treasury is “implementing a plan to issue $2 trillion worth of Bitcoin-enhanced Treasury Bonds!” This would direct $200 billion towards acquiring Bitcoin! Why exactly? To cut down the national debt and become a surplus!

Metaplanet’s 10B Yen Purchase! Japan-based Metaplanet has now purchased 696 Bitcoin for 10.2 billion yen ($67 million)! Their current Bitcoin holding? 4,046 Bitcoin (valued at over $341 million)! Believe it or not, the firm’s plan is to acquire 21,000 Bitcoin by 2025 and lead Japan’s national Bitcoin adoption - that is $1.7 billion USD!

Trump-Backed Bitcoin Mining Company Seeks NYSE Listing! American Bitcoin Corporation, a Bitcoin mining venture that has a group of investors - including two sons of President Trump - are seeking an Initial Public Offering in the New York Stock Exchange! With this venture being “American,” could President Trump play a key part in it being approved as he wants America to be a Bitcoin leader?