🚀 Bitcoin's Moonshot is on the Horizon! (14 May 2025)

🤯 South Korea's Democratic Party Pushes for Bitcoin Integration! PLUS: Michael Saylor's Strategy Owns Over Half a Million Bitcoins, and More!

 

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where Bitcoin’s movement is going exactly to plan . . .

Hopefully we didn’t just jinx it! 😅

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN
📌 BULL MARKET BULLETIN
  • Cryptocurrency Headlines - South Korea's Democratic Party Pushes for Bitcoin Integration, Michael Saylor's Strategy Owns Over Half a Million Bitcoins, and More!

BITCOIN TECHNICAL ANALYSIS

Even though Bitcoin seems boring after pushing through $100,000 on Thursday of last week . . .

We are actually in a best-case scenario with Bitcoin’s movement!

Don’t worry, we will dive more into this statement, but let’s begin with where we are in May so far.

At the beginning of May, we were confident that we would see a positive move from Bitcoin in the double digits.

In our last newsletter, Bitcoin was sitting at +9.88% and has now reached +10.4%!

With the second quarter for Bitcoin’s movement now at +25.94%, it continues to confirm one thing . . .

The bull run is upon us!

The question on everyone’s mind: Will Bitcoin break the all-time high today, tomorrow, or even this month?

Let’s break down Bitcoin’s daily movement and cover what we are projecting, but before we do, a word from today’s sponsor!

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We are going to get right into it! Bitcoin’s recent break of $100,000 has everyone on the edge of their seat wanting more . . .

But as we said in our last newsletter, there is a plan that must be followed for Bitcoin to moon up to $160,000+!

Even though Bitcoin has broken $100,000 numerous times, we have to make sure that this time is different so we have a different outcome.

The outcome we are aiming for? For Bitcoin to break the all-time high, turn it into support, and continue even higher!

Let’s take a look at Bitcoin’s daily movement! Byte, take it away!

🤖 Byte the Bot: “Bitcoin is holding between $100,000 and $106,000 - marking an imperative sideways consolidation!

Calculating! 64.98% chance that Bitcoin is above $105,000 by the 22nd of May, with Bitcoin breaking the all-time high by 29 May!”

Thank you, Byte! Very exciting time to be alive . . . no offense to any robots out there including Byte.

The dates that we are watching:

  • May 22 - Point where support and resistance meet prior to the all-time high

  • May 29 - Point where support and resistance meet at the all-time high

As we covered earlier, Bitcoin’s movement may be boring, but this is a consolidation period that we desperately need!

The current candlestick is a “hammerhead” which indicates further bullish movement, but again, we want slow sideways movement right now.

Trust us, the “waiting game” isn’t our favorite, but is vital for the moonshot that Bitcoin will deliver this year . . . in our opinion.

Want to know more of our opinions and projections? Check out our “What to Anticipate” section below!

WHAT TO ANTICIPATE

Bitcoin’s movement right now is perfection and exactly what we need and wanted according to our last newsletter on Saturday . . .

📊 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!

As Bitcoin continues to hold between $100,000 and $109,114.88, we are building pressure which will explode upward in price.

As we have stated numerous times, and you can quote us on this . . .

“We have been waiting years for 2025 and the timeframe that we are projecting massive movement (May - July/August).

Is it guaranteed that Bitcoin will moonshot between May and July/August this year? Absolutely not . . . but we are very confident!

📊 So, what movement are we wanting from Bitcoin? Maintaining between $100,000 and $109,114.88 is key!

Even though we want Bitcoin to maintain this level for weeks to come, we know that this may be asking for a little too much.

As Bitcoin has maintained above $100,000 since the 8th of May, holding this key area until the ~29th of May would be ideal.

Why? This builds a strong support (a launchpad) for the rocket that is bound to occur!

🤷‍♂️ What if we break below $100,000? If $100,000 is broken past the 15th of May, we will break the ascending support line!

This may begin the formation of an inverse cup and handle formation, which will result in downward pressure - definitely not what we need.

If the downward pressure does occur, our next stop for potential support will be $97,995.63 and $96,576.50.

📅 Dates to keep in mind! Covered during the Bitcoin technical analysis, the 22nd of May and 29th of May are guidelines to follow.

  • May 22 - Point where support and resistance meet prior to the all-time high

  • May 29 - Point where support and resistance meet at the all-time high

We are 100% on board with Bitcoin holding between $100,000 and $109,114.88 until around the 29th of May.

If this occurs, we calculate an 82.14% chance that Bitcoin will moonshot at the end of May into June if done correctly!

📊 What is the current resistance? Even though it has been broken every day since the 10th of May, resistance is still held at $104,442.54.

With every price, we never received a price confirmation - which occurs when the price goes above, comes back down, and does not break through it again.

Don’t panic! We have plenty of time for Bitcoin to make this confirmation, and we mean by the 22nd of May!

🌍 In a perfect world! We are sticking to exactly what we said, "Bitcoin will build support above $100,000 but not break $109,114.88 for the next couple of weeks.”

If we break $109,114.88 in the upcoming days, we play the game of back and forth that we played in January.

We MUST not break the all-time high until the last weeks of May. If done correctly, Bitcoin will rocket past $120,000 almost immediately and beyond!

Best of luck and see you again in our next newsletter on the 17th of May!

BULL MARKET BULLETIN 📌

South Korea’s Democratic Party sets up ‘Digital Asset Committee’ As the cryptocurrency market continues to push higher - now at $3.31T in overall value - countries are making strides to not miss out. South Korea has launched a Digital Asset Committee, solely focused on developing crypto-related policies and promoting industry growth! Their first push? They highlighted the importance of resolving regulatory uncertainty!

Strategy added 13,390 Bitcoin for $1.34B as price topped $100K Michael Saylor continues to buy massive amounts of Bitcoin, and the numbers are adding up quick! Strategy stated that they acquired an additional 13,390 Bitcoins for ~$1.34 billion! What is more amazing, as of May 11th, they hold a mind-blowing 568,840 Bitcoins which they purchased for $39.41 billion! Their average price? $69,287 per Bitcoin!