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  • 🐂 Bitcoin's Next Bullish Move Hinges on Today! (30 April 2025)

🐂 Bitcoin's Next Bullish Move Hinges on Today! (30 April 2025)

🚀 Europe's Second-Largest Bank Adopts Crypto! PLUS: Bitcoin may be bracing for a $10 trillion injection by Wall Street Giants!

Author

Jonathan Hamblin
April 30, 2025

 

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where we watch Bitcoin slowly inch its way back up to $100,000!

It would be great to see a massive Bitcoin move soon so people will stop associating me with someone that wears tinfoil on their head. 🤣

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN
📌 BULL MARKET BULLETIN

  • Cryptocurrency Headlines - Europe's Second-Largest Bank Adopts Crypto! Bitcoin may be bracing for a $10 trillion injection by Wall Street Giants, and More!

BITCOIN TECHNICAL ANALYSIS

The excitement continues as Bitcoin remains in the “bullish area”!

Our last newsletter that released showed Bitcoin at +14.19% so far in April - we are now at +14.99% on the last day of April!

Pretty amazing to see that we went from -14.76% last April and now +14.99% this year, but here comes the real question . . .

Is May going to keep the momentum going or be a pullback month?

We witnessed a +11.07% increase in Bitcoin’s price last May however we may see less if Bitcoin decides to lose momentum going into May.

All we can say is . . . we are excited to see what the next few months have for us!

For today, we are going to dive more into where Bitcoin current movement, but before we do, a word from today’s sponsor!

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In our last newsletter, we witnessed that Bitcoin broke upward out of the bull flag formation and was pushing towards $100,000!

Even though this movement was very exciting, we wanted more sideways consolidation to prepare for a strong break into six figures.

Why is this? I am sure we all remember at the beginning of the year where Bitcoin broke $100,000 many times but kept being rejected.

Yeah, that wasn’t the most fun we have ever had . . .

Sideways consolidation strengthens future upward movement, and it looks like we are currently getting our wish!

Let’s take a look below at today’s chart of Bitcoin’s daily movement with a few words from our resident robot, Byte.

🤖 Byte the Bot: “Bitcoin’s movement has created an additional bull flag formation with a 68.92% success rate of further upward movement.

Caution! The current candlestick holds support but is more bearish than bullish - causing fear that the support line will break. Good luck!” 🤖

Byte is absolutely right!

Bitcoin’s recent movement has created an additional bull flag formation however, future movement comes down to today’s candlestick!

😅 Don’t worry! We will get more into future movement within our “What to Anticipate” section below.

As even though everything may seem bullish . . . we need to keep in mind what could happen if everything goes bearish!

WHAT TO ANTICIPATE

When looking back at what we covered in Saturday’s newsletter, we can see that our best-case scenario is playing out perfectly!

🌍 In a perfect world: Bitcoin will continue sideways and build a stronger foundation for an upward movement past $96,576.50.

It may be blasphemy, but we want a slight pullback to compensate for Bitcoin’s recent upward movement.

However, we don’t want the pullback to become overextended and break below $92,705.83. This is key support we need to hold.

If we look back at Bitcoin’s recent movement, we see that it pulled back down to $92,927.31 - very close to where we wanted it to be but not break below!

This pullback was also key because it held the upward support line at the same time.

📅 Are we still watching the upcoming dates? Yes, we are still waiting in anticipation for the 2nd and 16th of May.

This is where support and resistance meet in Bitcoin’s movement! We must keep in mind, if Bitcoin dips by the 2nd of May, dates may change . . .

It is interesting because everything comes down to our current candlestick - fingers crossed!

📊 What is current resistance? Bitcoin has come close but has not yet broken $96,576.50. As we said last newsletter, we are glad.

This is an opportunity for Bitcoin to build support close to the mental resistance of $100,000. The more support, the stronger the break upward!

📉 What if we break $94,000? If Bitcoin breaks this area and the next candlestick forms under $95,360.11, then our support line will break.

Granted, Bitcoin could break the area and then rally back upwards but chances are low if $94,000 is broken.

The key area to watch will be $92,075.83 if this happens - the bottom of the bull flag formation. Holding this area is essential for May to be a positive month!

🌍 In a perfect world: Bitcoin may not hold the upward support line but we need for it to hold the bull flag formation - between $92,075.83 and $96,576.50.

The longer we hold this area, the greater chance of another strong break upward like we say on the 22nd of April.

I don’t know about you but a rocket to $109,416.61 in the next couple of weeks sounds great to me!

As always, time will tell! Stay strong and good luck, friends!

BULL MARKET BULLETIN 📌

Europe’s Second-Largest Bank Adopts Crypto! According to studies, 65% of European citizens want a single application to manage their banking, savings, and cryptocurrency. Bunq, Europe’s second-largest bank, aims to do just that! Starting April 29th, Bunq Crypto will launch - enabling its 12.5 million users to invest in over 300 cryptocurrencies! 🤯 Who still believes that crypto is going to $0?

Should Bitcoin Braces for a $10 Trillion Injections? With President Trump embraces cryptocurrency, Wall Street giants that manage a combined $10 trillion are predicted to “open for business” on Bitcoin this year! We have seen many cash injections into Wall Street to protect client investments, but could you imagine a $10 trillion injection - that is more than 3x the entire cryptocurrency market cap! 🚀