Crypto markets slid as Trump’s tariff turmoil spooked risk assets, triggering a broad selloff. Newly launched $Trove collapsed 90% in a brutal TGE, while Pump Fund’s surprise announcement added fuel to the volatility.
The White Whale token has surged 10x in a week ahead of a lighter TGE structure, while Michael Saylor doubles down on Bitcoin with a fresh $109M BTC purchase, signaling renewed bullish conviction.
Bitcoin’s New Possible Move
Bitcoin has been in a state of flux in recent months, and its price has fluctuated wildly. However, there are now signs that Bitcoin may be ready to make a new move.
Technical analysts believe that Bitcoin is forming a bullish pattern, which suggests that it could soon break out to the upside. This pattern is known as a “double bottom,” and it occurs when the price of an asset falls to a low point, then rebounds, and then falls to the same low point again before rebounding once more.
If Bitcoin can break out of this pattern, it could signal the start of a new bull market. However, it is important to note that this is just one possible scenario, and there is no guarantee that Bitcoin will actually make a new move.
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