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  • 📅 Mark Your Calendar - Bitcoin's Imminent Move! (26 April 2025)

📅 Mark Your Calendar - Bitcoin's Imminent Move! (26 April 2025)

👀 Dogecoin Mining Firm Set to go Public! PLUS: Trump's Presidential Offer to $TRUMP Holders, Swiss National Bank Rejects Bitcoin, and More!

 

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where the dream of Bitcoin reaching $100,000 again is becoming more of a reality.

. . . Hopefully, this isn’t the part where I wake up and Bitcoin is still at $75,000. 😅

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN
📌 BULL MARKET BULLETIN
  • Cryptocurrency Headlines - Dogecoin Mining Firm Set to go Public, Trump's Presidential Offer to $TRUMP Holders, Swiss National Bank Rejects Bitcoin, and More!

BITCOIN TECHNICAL ANALYSIS

I believe everyone was slightly worried at the beginning of April . . .

When I say everyone was worried, I mean everyone was panicking!

Having a -17.39% return in February and March ending at -2.3% - when last March it was +16.81% - would cause anyone to have low expectations for April.

However, we have always thought that April would be the month to set up larger gains to be seen in May through July/August . . .

With last Wednesday’s newsletter, Bitcoin’s return in April was +13.23% and now we are at +14.19%!

This is a dramatic shift from last April where we ended the month at -14.76%!

With 5 days left—counting today—in April, could we possibly reach 20%+ or are we going to see a pullback in the near future?

More importantly . . . is May going to be a double-digit green month and more importantlyist - yeah, not a word - will Bitcoin break $100,000 soon!?

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What we are loving right now is Bitcoin’s sideways consolidation!

This consolidation allows for an opportunity to build support lines so Bitcoin can steadily and healthily continue upward.

Don’t get me wrong, we all love Bitcoin when it spikes 100% overnight . . . however, we want to get closer to our target of $100,000 before this happens.

Let’s take a look at last Wednesday’s image of Bitcoin’s daily movement and compare it to today’s image.

Above is Bitcoin’s daily movement that was shown on Wednesday.

This is where we highlighted that our bull flag formation was successful, and the prediction of upward movement was 100%!

Being that we continue to preach about building support lines, let’s take a look at our image below and have a few words from Byte!

🤖 Byte the Bot: “Sideways consolidation projected with 38.12% potential break of support at $92,075.83. Second bull flag formation forming!

Follow BullMarketBytes to keep the bullish momentum going! - paid advertisement.” 🤖

Thank you for that, Byte. He is really getting into it now that he received a pay raise.

With Bitcoin consolidating above $92,075.83 and we have the large green candlestick as the “base of the flag,” a bull flag formation isn’t far-fetched.

🧠 Remember the sideways consolidation? Take a look at the horizontal blue lines above! That is what we have been talking about.

We have built a strong support for Bitcoin to bounce off of when a pullback occurs at:

  • $92,075.83

  • $82,912.30

  • $74,600.25

Now, let’s not forget about the upcoming dates that we need to keep in mind! Check out the “What to Anticipate” section below for more!

WHAT TO ANTICIPATE

In our last newsletter, we discussed what would occur if we broke above $94,589.72 and the path from there . . .

📊 What if we break ~$94.589.72? Breaking this resistance would then lead to $96,576.50 - our next resistance level . . .

Yes, there are many resistance levels that we must break on our path to $100,000.

However, we do have something that is currently keeping us on track . . . a support line! If this is held, we will break through $96,576.500 by 2 May 2025!

We also briefly covered one of the upcoming dates - the 2nd of May - however there is another date to keep in mind!

📅 16 May 2025!

If we continue the path of support that we hold, support and resistance will converge on the 16th of May for a new Bitcoin all-time high!

📊 What is our next resistance? Bitcoin has come close but has not yet broken $96,576.50. Believe it or not, we are glad to see that this has not yet happened.

Until we draw closer to May, we want more consolidation to “concrete” $92,075.83 as a strong support.

📉 What if we break $92,075.83? As we covered last Wednesday, we head directly back into “limbo.”

However, that wouldn’t necessarily mean that the bull flag formation has failed, so there is potential for a momentum push back to $96,576.50.

📅 Date to keep in mind! Just to make sure these dates aren’t missed, keep in mind the 2nd of May and the 16th of May.

We could be less than 3 weeks from Bitcoin reaching a new all-time high!

🌍 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.

 💭 What are our final thoughts? We finally see that our whole “April is going to be a set-up month” coming together . . .

Even when people thought we were crazy. With the current set-up, Bitcoin is poised to recover from the massive pullback into May.

Of course, time will tell but we are feeling more confident as time progresses! Continue to hold strong and good luck, friends.

BULL MARKET BULLETIN 📌

$TRUMP Memecoin Rockets after Presidential Offer! According to the $TRUMP memecoin website, the top 220 holders will be invited to a private gala dinner with the President on 22 May! 👀 With this recent announcement, the memecoin jumped 70% however still reached nowhere near its record high price of $74. What about if you are a top 25 holder? There is “an ultra-exclusive private VIP reception with the President.”

Dogecoin Mining Firm Set to go Public! Here is a new one for you! Z Squared, a company that heavily focuses on Dogecoin mining, is now merging with Coeptis, a publicly traded pharmaceutical company. If you aren’t familiar, Z Squared is expected by third quarter of 2025 that they will have 9,000 DOGE mining machines in operation. 🤯 Keep in mind . . . guess what you are mining at the same time that you mine Dogecoin? Litecoin! W for Litecoin holders!

Swiss National Bank Rejects Bitcoin . . . What Now? Worldwide integration into the monetary system is the direction that Bitcoin is heading. With Swiss National Bank President Martin Schlegel, he cited that “cryptocurrencies also are known for their high volatility, which is a risk for long term value preservation.” 🤦‍♂️ With this announcement, he rejected Bitcoin being added to their strategic reserve. Don’t worry, they always come back . . . remember when Germany sold 3,846 Bitcoin at $62,604 per Bitcoin? . . . exactly.