🚀 Bitcoin's Rocket - Mark These Dates! (11 June 2025)

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where we have put on our seatbelts, dawned our helmets, and are geared up for the rocket of a lifetime!

I don’t know about you, but I can already smell Bitcoin’s rocket fuel! 😂

📊 BLOCKCHAIN BREAKDOWN

• Bitcoin Technical Analysis - The Bull Market has been Confirmed!

• What to Anticipate Next - Mark these 2 Dates on your Calendar!

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines - Analysts Predict XRP Between $20 and $27, Apple's Stock Buyback Deemed a Failure with Bitcoin Purchase Suggested & More!

BITCOIN TECHNICAL ANALYSIS

Bitcoin has delivered a massive move that pushed through resistance at $109,416.61!

Before we get ahead of ourselves, let’s take a look at where we are in June.

In our last newsletter, June’s performance for Bitcoin was at +0.61% - now we have hit +4.54% in June.

Quarter 2 has also increased from +27.35% to +32.33%!

We love the pace that is being set by Bitcoin, especially since last year’s 2nd quarter only yielded -11.92%.

Is it possible that the 2nd quarter could surpass 50%? We will be taking a deeper look into anticipated movement . . .

Before we do, a word from today’s sponsor!

Thank you to 1440 Media for sponsoring today’s newsletter!

In our last newsletter, Bitcoin had just broken the bearish inverse cup and handle formation, and we were predicting further upward movement.

It seems that the magic 8 ball led us in the right direction!

Let’s take a look below at Bitcoin’s daily chart. Byte, take it away!

🤖 Byte the Bot: “Successful prediction for Bitcoin testing resistance at $109,416.61 within 10 days of the previous newsletter!

Calculating: Bitcoin turning $109,416.61 into support will yield a new all-time high by the 19th of June - rated at an 82.10% success rate!”

Thank you, Byte!

Yes, Bitcoin’s recent move has confirmed that we are still in the bull market - especially as Bitcoin is generating ~51.97B in 24-hour market volume!

As we look at the chart above, notice how Bitcoin broke through the resistance (red line) and then pulled back down to the red line.

What does this move show? This is a perfect example of how an asset is attempting to turn resistance into support.

By building support at this high of a level, a bullish cup and handle formation is forming, and we are currently in the “cup” phase.

Bitcoin’s move has us all excited! Let’s take a look at the “What to Anticipate” section below to see what we predict to occur next!

WHAT TO ANTICIPATE

In Saturday’s newsletter, we stated that if Bitcoin holds $104,442.54 that Bitcoin would be around $106,500 (or higher) by today’s newsletter . . .

Seems that we hit the nail on the head (score one for us)!

This anticipation was made as we just broke a bearish formation and started a reversal pattern - which did yield a strong upward movement for us.

📊 What formations are we watching? The strong movement that has just occurred formed the “cup” in the cup and handle formation.

For this pattern, it is very likely that Bitcoin will dip to ~$107,000 and shortly afterwards push back to the previous all-time high of $111,970.17.

We would love for Bitcoin to continue to hold $109,416.61 - and if it does with sideways movement, that would form a bull flag formation.

🌍 In a perfect world, what do we see? With Bitcoin either continuing the bull flag formation or the cup and handle formation, they are both bullish!

With strong bullish volume in the markets, Bitcoin is poising itself to either break the all-time high by the 19th of June or 1st of July.

Why the two-week gap? If Bitcoin’s recent spiking candle holds, then it will expedite this move.

If there is a pullback - especially with the cup and handle formation - it will prolong the move as we are waiting for the “handle” to form in this formation.

🤔 Our overall thoughts? We said it in the previous newsletter . . . Bitcoin is ready to go parabolic!

We have been saying for years that it would be between May and July/August timeframe in 2025 and here we are!

We are currently consolidating around the all-time high and believe this next push is going to be monumental.

Keep an eye on if Bitcoin breaks below $109,416.61. If it does, anticipate the cup and handle formation to form.

If it doesn’t break below, the bull flag formation is most likely to form! See you in the next newsletter on Saturday!

BULL MARKET BULLETIN 📌

Analysts Predict XRP will Rocket and End in a Crash XRP has been a hot topic ever since it went from $0.007 in 2017 to $3.84 in 2018 - that is a 54,757.1% increase! Unfortunately, XRP has not seen an all-time high since then . . . but could it be on the horizon? Analysts predict XRP’s ETF approval will rocket XRP to $20-27 in 2025! However, what is believed to follow is a massive drop back to $3 in the next bear market . . . what are your thoughts?

Will Apple Resort to Buying Bitcoin to Add Value? The world’s 4th largest company by market cap, Apple, has implemented a buyback program to reduce the number of shares and return value to investors. Jim Cramer has criticized this buyback as a failing venture - Michael Saylor commented on this post with “Apple should buy Bitcoin.” Will Apple continue with their $110 billion stock buyback strategy or take a second look at Bitcoin?