🔮 We Predicted Bitcoin's Bullish Formation (22 Mar 2025)

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where we may have just dodged a bullet with Bitcoin’s projected downward movement.

Where do we go from here?

Let’s give the magic 8 ball a shake and see what it lands on. 😂

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN

• Market Overview (7-Day) - Top Gainers & Losers!

• Bitcoin Technical Analysis - The Bull Flag Formation Holds!

• What to Anticipate Next - Bitcoin’s “Crossroad”

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines - 👀 The Latest Target is Binance Users! PLUS: Crypto Traders lose $4.4 Billion in Memecoin Investments, Argentina Hosts Bitcoin Conference & more!

MARKET OVERVIEW (7-DAY)

BITCOIN TECHNICAL ANALYSIS

In the past 24 hours, Bitcoin’s movement has been +0.63%.

In the past 7 days, it has been -0.23% . . . so what does this tell us?

Some believe it means the cryptocurrency market is slowing down - and it is easy to believe this.

As of right now, the 24-hour cryptocurrency market’s volume is $51.55 billion!

Sounds like a big number, right? Well, that is actually -29.95% lower than the 24 hours before that

Does this mean that we pack our bags and buy a one-way ticket “rektville” - where the only thing “mooning” is our blood pressure?

No . . . not this time. Even though Bitcoin’s short-term movement seems bleak, it doesn’t mean that the long-term does.

Don’t forget, on Wednesday Bitcoin increased from mid $82,000 to $87,000 in less than 24 hours.

Bitcoin may be a “sleeping giant” right now . . . but the giant is still there.

Before we dive more into Bitcoin, here is a word from today’s sponsor!

Thank you to Ryse for sponsoring today’s newsletter! Please invest wisely, if chosen to do so!

We are 22 days into March and can clearly see that March has not made up its mind whether to be bearish or bullish.

We sit at -0.35% in March - the closest it has been to “0” since 2015.

🧠 Fun fact: In 2013, Bitcoin experienced a +172.76% gain in March and later that year in November Bitcoin experienced a +449.35% gain!

What dance do I need to do to summon those gains again? I could always bring out the “cabbage patch” or “the sprinkler.”

Jokes aside, let’s direct our attention to Byte to see what he has for us today. Hopefully, he can bring some clarity of Bitcoin’s sideways movement . . .

🤖 Byte the Bot: “Maintaining prior calculation: downward movement at 71.55%. Spike in price - REJECTED. Inverse cup and handle formation - INTACT.

Gravity has overridden Bitcoin’s attempted price spike. ACCESS DENIED.” 🤖

Lovely . . . thank you for bringing in Einstein’s General Theory of Relativity with the whole “gravity” thing.

🤖 Byte the Bot: “Anytime.”

Alright, let’s move along and talk about Bitcoin’s price movement.

In the past 10 days, Bitcoin has been in the price range of ~$80,000 to ~$87,000.

Despite the upward price movement that we saw on Wednesday that rocketed Bitcoin from mid $82,000 to $87,000 in less than 24 hours . . .

Bitcoin maintains the bearish inverse cup and handle formation.

Don’t worry, we will discuss projections in our “What to Anticipate” section below . . . but first let’s cover this:

📊 What is deciding Bitcoin’s upward or downward movement?

There are a few things that we must keep in mind:

1. Current World Events

2. Long Positions vs. Short Positions

3. Mass Adoption & Legislative Acts

Each one of these have great impact on Bitcoin’s price as Bitcoin thrives in all three categories being positive.

It doesn’t mean that Bitcoin cannot move higher with negativity in either section, but now that Bitcoin is more mainstream . . .

There are different variables that control the price - compared to years past where Bitcoin was not heavily controlled and owned by major corporations.

🧠 Trading Fact! It is estimated that there are around 580 million cryptocurrency traders in the world! What if each trader bought $10 of Bitcoin at the same time . . .

WHAT TO ANTICIPATE

The phrase of today’s newsletter is “sideways movement,” and we are experiencing a lot of it right now with Bitcoin’s movement.

In our last newsletter on Wednesday (March 19th), we stated:

Fun fact: This is what EXACTLY happened, and we are at a crossroad right now.

The inverse cup and handle formation is still maintained along with the newly formed bull flag formation.

With Bitcoin moving from $76,644.33 to $85,372.76, we set the stage for a bull flag formation to form.

Once Bitcoin moved above $85,372.76, it confirmed higher movement from this bullish formation - but then returned back to the previous level.

This shows that there was price rejection and not price confirmation.

📈 What will maintain the bull flag formation? As long as Bitcoin’s price stays above $81,322.51 - we stay bullish.

If it breaks below this price, we re-enter the “pullback area” and continue the bearish inverse cup and handle formation.

🌍 In a perfect world: Bitcoin will maintain above $81,322.51 and then use this level as support to move back towards $87,500.

📉 What are our current bearish variables? We are making “lower highs” and “lower lows.” What does this mean?

As Bitcoin moves down in price, the peak of each price point is lower and the dip in the price point is lower.

🔑 What is this “key” to? A bearish trend. We are now searching for a reversal to “higher highs” and “higher lows.”

🤔 What are our final thoughts? Bitcoin has time to “turn this thing around” and start moving into bullish territory.

We must maintain the bull flag formation! If it breaks, we are back on track to break below the “pullback area” at $73,619.30.

🧠 Don’t Forget! Analytics are key to assessing an asset’s projected price. “GURUs” and “TikTok losers” will only assess how to get your money into their pockets.

BULL MARKET BULLETIN 📌

Argentina’s Senate Hosts Conference on Bitcoin Regulation! Organized by a top Bitcoin group, this event “brought together key political advisors and department heads” from various political areas to explore how Bitcoin may positively impact Argentina’s economy. 😎 It appears that countries around the world are betting that Bitcoin may lead to economic prosperity . . . maybe they see more than we do?

Cryptocurrency Industry Turned Memecoin Roulette? A major of cryptocurrency traders are obsessed with the idea of doubling - or even tripling - their money overnight. Which brings us to memecoins. These coins have potential for exponential gains, but just like gambling in the casino, the house always has the upper hand. Through Libra token alone, it is estimated that this token resulted in $4.4 billion in public losses! 🤯 Will cryptocurrency investors begin to seek more controlled gains or always want to roll the dice for the “next big thing?”

The Latest Scam is Targeting Binance Users! Scammers will never give up. With their latest scam, they are posing as Binance through text message alerts. This is primarily occurring in Australia and the Australian Federal Police are already on top of it by sending massive alerts to its citizens. What is their strategy? 👀 They send a text message that says someone from China accessed your account and to “click this link” to reset your password. Be careful out there and don’t let them take your digital gold!