Bitcoin’s Rollercoaster: Will It Soar or Just Sputter? 🎢💰

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Key points:

  • Bitcoin‘s price is currently playing a game of limbo below $109,588, but fear not! The bullish chart structure remains intact, like a stubborn cat refusing to leave a sunny spot.

  • A bullish weekly open from Bitcoin could send HYPE, XMR, AAVE, and WLD soaring like a catapulted potato.

Bitcoin (BTC) is stuck in a weekend rut below the $109,588 mark, much like a couch potato on a lazy Sunday. Analysts, however, are still wearing their rose-tinted glasses. Keith Alan, co-founder of Material Indicators, chirps on X that Bitcoin is still in the green as long as it doesn’t dip below the yearly open of about $93,500. 🥳

Demand for Bitcoin is as strong as a caffeine-fueled squirrel, thanks to investments from sovereign wealth funds, exchange-traded funds, and a few nations that might just be a bit too enthusiastic. Bitwise, the crypto index fund management firm, predicts that institutional funds could pump around $120 billion into Bitcoin in 2025 and about $300 billion in 2026. That’s a lot of zeros! 💸

While the long-term outlook is as bright as a freshly polished crystal ball, traders should tread carefully. If Bitcoin doesn’t bounce back above $109,588 quickly, short-term traders might start cashing in their chips, leading to a domino effect on altcoins. 😱

So, will Bitcoin rise above $109,588 and drag altcoins along for the ride? Let’s take a gander at the cryptocurrencies that are flexing their muscles on the charts.

Bitcoin price prediction

Bitcoin took a tumble below the breakout level of $109,588 on May 23, and the bears were having none of it, thwarting the bulls’ attempts to reclaim the territory on May 24. Talk about a party pooper!

The bulls are gearing up for another attempt to push the price above the $109,588 to $111,980 resistance zone. If they succeed, the BTC/USDT pair could rally to the lofty heights of $130,000. 🚀

Keep an eye on the 20-day exponential moving average ($104,199) – it’s the critical level to watch. If it cracks, we might see the price plummet to $100,000 and then to the 50-day simple moving average ($94,916). Yikes!

The bears have pulled the price below the 50-SMA, and the 20-EMA is starting to look a bit droopy. If the price stays below the 50-SMA, we could see a descent to $102,500 and then to $100,000. Not exactly a thrilling ride!

Buyers will need to rally and keep the price above the $109,588 resistance. If they do, the pair could challenge the $111,980 level. A break above that could open the floodgates for a rally to $116,654. 🎉

Hyperliquid price prediction

Hyperliquid (HYPE) has broken above the $35.73 resistance, showing that the bulls are still in the game, like a determined contestant on a reality show.

If the price stays above $35.73, the HYPE/USDT pair could gain momentum and surge to $42.25. Sellers will try to put a stop to the fun at $42.25, but if the bulls have their way, we might see a skyrocket to $50. 🎈

But wait! Sellers have their own plans. They’ll try to drag the price back below the breakout level of $35.73. If they succeed, the pair could drop to the $32.15 support, where buyers are expected to swoop in like superheroes. 🦸‍♂️

The pair bounced off the 20-EMA and cleared the overhead barrier at $35.73. If the price remains above this level, it suggests that the bulls are trying to turn it into support. The pair could then attempt a rally to $42.25.

This optimistic view will be dashed if the price takes a nosedive and breaks below the 20-EMA. That could trap several aggressive bulls, pulling the pair down to $32 and subsequently to $28.50. Ouch!

Monero price prediction

Monero (XMR) soared above the $391 resistance on May 21, indicating that the bulls are still in control, like a cat with a laser pointer.

The sharp rally of the past few days has kept the RSI in the overbought zone, suggesting that the bulls are still in charge. If buyers maintain the price above $412, the XMR/USDT pair could resume its uptrend toward $456. 🏆

Sellers will need to yank the price below the $375 level to weaken the bullish momentum. If they manage that, we could see a sell-off, pulling the pair down to the 20-day EMA ($347). A break below the 20-day EMA suggests a short-term trend change. 😬

The pair is finding support at the 20-EMA, indicating that the bulls are still in control. If the price rises above $412, the uptrend could start the next leg of the uptrend to $456.

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The rising 20-day EMA ($231) and the RSI in the overbought zone show that the bulls have the edge. The AAVE/USDT pair could rally to the $285 level, which is expected to behave as a strong resistance. If buyers overcome the barrier at $285, the up move could extend to $300 and later to $350. 🎯

Any pullback is expected to witness solid buying at the 20-day EMA. If the price rebounds off the 20-day EMA, the bulls will again try to pierce the overhead resistance. The bears will be back in the game on a break below the 20-day EMA.

The pair has pulled back to the 20-EMA, which is an important level to watch out for. If the price rebounds off the 20-EMA, the bulls will try to propel the pair above $285. If they succeed, the pair could rally to $300.

Conversely, if the price breaks below the 20-EMA, the pair could slide to the 50-SMA and later to $240. A bounce off $240 is expected to face selling at the 20-EMA. If the price turns down sharply from the 20-EMA, it increases the risk of a drop to $217. 😬

Worldcoin price prediction

Worldcoin’s (WLD) recovery is facing selling at $1.65, but a minor positive is that the bulls have not allowed the price to dip below the 20-day EMA ($1.20). Talk about a resilient bunch!

The upsloping moving averages and the RSI in the positive territory indicate an advantage to buyers. If the price turns up from the current level or the 20-day EMA, the bulls will again attempt to shove the price above the $1.65 resistance. If they can pull it off, the WLD/USDT pair could rally to $2.50. There’s resistance at $1.89, but it’s likely to be crossed like a finish line! 🏁

This positive view will be invalidated if the price turns down and breaks below the 20-day EMA. The pair could then decline to the 50-day SMA ($0.99). 😱

The bears have pulled the price below the 20-EMA, indicating the start of a deeper correction toward the 50-SMA. The bulls will try to start a rebound off the 50-SMA but are likely to meet stiff resistance at the 20-EMA. If the price turns down from the 20-EMA and breaks below the 50-SMA, the pair could plunge to $1.09. Yikes!

The first sign of strength will be a break and close above the downtrend line. The pair could then rise to $1.52 and subsequently to $1.65. Fingers crossed! 🤞

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2025-05-25 22:20