🚀 Bitcoin will Launch to $100K! Here's How! (7 May 2025)

Today’s newsletter is brought to you by The Republic! A financial technology firm specializing in private market investment services!

Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where we all watch in anticipation for Bitcoin to break $100,000 . . .

We are so confident in the break that we have already pre-ordered the champagne, Lamborghini, and put in our two weeks’ notice.

I guess there is no turning back now . . . 😅

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN

• Bitcoin Technical Analysis - Two Bullish Formations to Watch!

• What to Anticipate Next - Everyone is Anticipating the $100K Break!

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines - First US State to Sign a Crypto Reserve Bill, US Interest Rates' Announcement Could Define Everything, Tokyo-Listed Firm Amasses over 5,000 BTC & More!

BITCOIN TECHNICAL ANALYSIS

The further we get into May, the more confident we are when projecting that we are going to see a double-digit green month for Bitcoin!

Even though we are at +2.98% for Bitcoin’s movement, in our last newsletter Bitcoin was at 2.12% - which shows us an overall upward movement.

So far in the second quarter of this year, we are at +17.47% and we are anticipating an even higher percentage!

📊 What return should we anticipate for Q2? For our 2nd quarter, April - June, 25%+ isn’t asking too much.

Granted, June is historically a red month with the average return since 2013 being -0.35%, but June has been green in 2016 and 2019 when it was over 20% gain.

In full transparency, this is the timeframe that we have been waiting for since the bull run of 2021!

We can feel the markets coming back to life, the mass adoption taking place, and all of the money from my life savings going into buying the dip . . .

Not financial advice 😂

Let’s take a look at Bitcoin’s daily movement and show you what we are seeing on our end, but before we do . . . a word from today’s sponsor!

Thank you to Republic for sponsoring today’s newsletter!

Throughout our recent newsletters, we have been placing a lot of focus on Bitcoin’s movement - and more specifically - the break of $100,000.

The reason? Because we want to see how Bitcoin reacts, once again, to the triple-digit break and more importantly . . .

If Bitcoin will build support so we can have a strong push towards the previous all-time high of $109,114.88% that occurred on the 19th of January this year.

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

🤖 Byte the Bot: “Bitcoin forms and holds two bullish formations. Calculating . . . result: 72.12% chance of Bitcoin breaking $100,000 in 10 days.

Warning! Dip below $93,454.42 will void Bitcoin’s projected movement stated above. Good luck and congratulations to dip buyers!” 🤖

Byte is absolutely right! Not only to congratulating those that bought when Bitcoin dipped in price, but for the two bullish formations.

In Bitcoin’s movement, there are two prominent formations:

• Bull flag formation

• Cup and handle formation

Even though we have broken out of the bull flag formation twice, the top of the bull flag formation is now at $97,995.63.

With that said, as shown above, the resistance that we need to break through is the same exact number.

The white dotted line is the release of our last newsletter, with the 2nd of May that we marked for an intersect of support and resistance was successful.

We also spoke over a pullback potentially occurring due to:

• Traders taking profits

• Short sellers entering downward positions.

The pullback we anticipated did occur! However, the positive from this movement was that we bounced back - forming the cup and handle formation.

Ready to get into everyone’s favorite part of the newsletter? Join us in the “What to Anticipate” section!

WHAT TO ANTICIPATE

We believe that this is the “do or die” moment for Bitcoin’s push up to $100,000!

Don’t get us wrong . . . we believe that Bitcoin will push above $100,000 no matter what, but if this movement fails, we will be playing the waiting game again.

In last Saturday’s newsletter, we stated:

For the statement above, we still fully stand behind this! As Bitcoin continues to move upward and approach $100,000 . . . keep this in mind!

📅 The date to keep in mind! May 2nd had a break upward when the support and resistance intersected, but the 16th of May push may be delayed.

Yes, we are booing along with you but by Bitcoin not holding the support line and continuing sideways, this places a delay.

With that said, we may not have any exact dates, but we anticipate May as a whole will be a movement that we desperately need!

📊 What is current resistance? Last week we stated that “the mental resistance line is $100,000” and this is still 100% true!

Now with the forming of the cup and handle formation, our hard resistance is $97,995.63. It is imperative that we build support at this level for the strong break through.

🤔 What if we break $100,000? We need to highlight this once more! There are a couple of ways that this could go when Bitcoin pushes through $100,000.

• A consolidation slightly below $100K will result in a massive spike to the previous all-time high

• A slight break through $100K will result in another back and forth at $100K

🌍 In a perfect world! Bitcoin will follow the cup and handle formation, which will lead us to breaking through the hard resistance and to $100,000.

If we break below $93,454.42, we anticipate that Bitcoin breaking through resistance will be placed on hold . . . and it could be for quite some time.

As US interest rates are being announced today, this will hold a lot of weight on movement (unfortunately).

However, if Bitcoin pulls back down to ~94,500 we are still in good shape . . . if $93,454.42 breaks, $92,075.83 must hold!

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

BULL MARKET BULLETIN 📌

Metaplanet reaches Bitcoin Milestone with Latest Buy Order! With the latest $53 million purchase, the Tokyo-listed firm disclosed that it has reached the 5,555 milestone in its Bitcoin holdings! What is their next move? They are planning to raise an additional $250 million to “further its Bitcoin strategy and tap US capital markets.” Our question for everyone . . . are we still questioning that Bitcoin is going to the moon?

The First US State to Sign a Crypto Reserve Bill into Law! What a time to be alive! New Hampshire just signed House Bill 302 - a law allowing the state to invest in cryptocurrency and precious metals! What is the catch? The state’s treasury will only be allowed to invest in cryptocurrencies with a market capitalization of more than $500 billion. For those that may not know . . . that is only Bitcoin right now - but that doesn’t mean it will only be Bitcoin in the next bull run when the market continues to grow!

Today’s Interest Rate Announcement Could Define Everything. Projected to be held at 2pm EST, the US will announce their interest rates. It is expected that the interest rate will hold steady, which isn’t the worst thing in the world, but it would be a push against what President Trump is trying to do. Government reports show that the US economy has shrunk through the first three months of 2025 . . . could this be the turning point that US citizens are waiting for?