BTC skilled vital volatility after setting a brand new all-time excessive. The worth rapidly reversed, signalling a attainable bull lure, main everybody to query, what’s the greatest crypto to purchase now? In all chance, BTC is ready to expertise sideways consolidation for some time inside the $116 to $124k vary.
Bulls pushed BTC to a brand new peak of $124.4k, however heavy promoting stress ensued and trapped late entrants. It’s now again within the 118k vary. Sustaining this degree is vital for the bull cycle to stay in impact. A rebound from the 118k degree is a positive signal that the bullish development will proceed.
On the four-hour chart, BTC’s latest strikes mirror a traditional liquidity sweep. It broke by way of its earlier all-time excessive, triggering breakout buys and stop-losses, solely to reverse sharply.
(BTCUSD)
It then adopted up by sharply declining under the earlier swing low.
At present, BTC is buying and selling between the vary of 116k to 124k. With out a convincing breakout, analysts predict the value motion to stay risky.
Do you see the present $BTC chart construction after the fourth halving? It’s transferring in a gentle straight line, not like the parabolic curve buildings of the previous. That is BlackRock and different establishments, with their algorithms, controlling the value. As a substitute of the parabolic strikes… https://t.co/OJSa5xjFJb pic.twitter.com/CRPLFCfqLw
— RG8
(@RG8XBT) August 17, 2025
Within the meantime, merchants have zeroed in on liquidity pockets on each ends of the vary.
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What Does The On-Chain Information Present?
Binance’s seven-day imply influx is spiking as we converse and has reached one among its highest ranges seen in latest instances.
This metric tracks the typical variety of BTCs getting into the trade and has traditionally coincided with preparation for promoting, margin collateralization or institutional rebalancing.
The spike signifies a gentle inflow of BTCs into Binance’s buying and selling accounts from exterior wallets. Traditionally, spikes like this, when not met by sufficient spot demand, have resulted in short-term promoting stress.
Moreover, Binance’s netflow has turned optimistic, indicating inflows outpacing outflows.
With out consumers absorbing the BTC, the imbalance might end in near-term volatility.
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$12B BlackRock Guess Rattles ETH Provide, Nonetheless The Finest Crypto To Purchase Now?
BlackRock has acquired greater than $12B value of ETH in simply 30 days, surpassing its BTC purchases by greater than 15X in the identical interval, signalling a powerful institutional pivot to the altcoin king.
BlackRock-controlled and managed iShares Ethereum Belief ETF (ETHA), launched in 2024, has already gathered $15B in property, highlighting its dedication to ETH’s long-term worth.
As a result of its proof-of-stake mannequin and EIP-1559 burn mechanism that completely removes ETH from circulation, its internet issuance has dropped to an all-time low in 2025.
Primarily based on the development on the 1-hour chart, ETH has exited the downtrend zone. Provided that it's the weekend, there are two attainable eventualities:
1. The worth will start to reverse route & begin uptrend
2. The worth will transfer sideways, ready for affirmation of the following development pic.twitter.com/HoJ5C2RVFR— Good Day Bray (@niceday0901) August 17, 2025
Now that BlackRock is on an ETH shopping for spree, provide is unquestionably going to tighten additional, decreasing liquidity and sparking worth volatility.
Analysts predict that ETH might attain $5000 to $7000 in 2025, pushed by institutional demand and clogged-up provide.
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BTC Would possibly Hit $150k Earlier than The Bears Come In, Says Exec
In keeping with Capary Capital’s CEO, Steven McClurg, there’s a better than 50% likelihood that BTC would possibly go as much as the $140k to $150k vary earlier than a bear cycle subsequent 12 months.
Furthermore, he warned of a broader financial bear market that’s on the horizon, and expressed his scepticism in regards to the present macroeconomic panorama.
“I don’t just like the financial standing in any respect proper now,” he stated in his interview with CNBC.
Different notable figures within the crypto panorama have disagreed with this notion. Michael Saylor, as an example, claimed in an interview that “Winter just isn’t coming again.”
Moreover, Bitwise’s Chief Funding Officer, Matt Hougan, doesn’t anticipate the BTC market to decelerate any time quickly.
In an X put up, he stated, “I guess 2026 is an up 12 months.”
Maxi Doge Capitalizes On Dogecoin’s Slowdown
Whereas Dogecoin would possibly nonetheless be the memecoin king, there are new contenders on the block who don’t draw back from a problem.
Maxi Doge, Dogecoin’s gymrat cousin, is one such contender and, as such, is making huge strides within the memecoin panorama, selling velocity, adaptability and most good points.
It’s unapologetically daring and embodies its “1000x leverage, no stop-loss” tagline, capturing its group’s sentiment of utmost danger and speculative frenzy that defines the meme coin ecosystem.
Grayscale’s going full throttle with its Dogecoin ETF plans
—they’ve filed to show their DOGE Belief right into a full-blown ETF underneath the ticker GDOG. Which means common people might quickly purchase Dogecoin like a inventory, no crypto pockets wanted. In the meantime, Maxi Doge is stealing the… pic.twitter.com/Iu01Ee3Hmo
— Seven Crypto
(@SevenWinse) August 17, 2025
Initially priced at simply $0.000252, Maxi Doge has already raised $1.1 million. Its tokenomics are centred round a growth-focused technique with 40% devoted to advertising, 25% for group initiatives, 15% every for growth and liquidity provisioning and the remainder 5% devoted to rewards staking.
Transfer alongside to the Maxi Doge Presale web site and join your pockets like Finest Pockets, Swap ETH, BNB, USDT, or USDC or pay straight together with your bank-issued card.
Dogecoin Struggles To Preserve Its Momentum
Whereas Dogecoin’s worth motion is subdued in the intervening time, the memecoin continues to be the yardstick to beat with regards to gauging the memecoin market.
It’s nonetheless dominating the memecoin market with its $35 billion market cap. Nonetheless, after briefly touching $0.25, it has pulled again to round $0.23 within the absence of a transparent memecoin or altcoin cycle.
In the intervening time, the memecoin king must reclaim its help above $0.24. The longer goal stays the identical at $0.55, which might indicate a doubling of its market cap to $74 billion.
$DOGE chart is a murals.
The similarities between cycles are arduous to disregard.#Dogecoin can have its day. pic.twitter.com/6lOdPW8KsV
— Galaxy (@galaxyBTC) August 16, 2025
A brand new all-time excessive would require a 227% rally from its present degree, a tough however not unattainable process given Dogecoin’s loyal fan base and its confirmed resilience.
Monero Deposits Paused After 51% Assault
Kraken has paused Monero deposits after experiences got here out {that a} single mining pool, Qubic, gained management of greater than 50% of the community’s hashing energy.
Qubic usually focuses on AI-related blockchain purposes. Nonetheless, on this case, the mining pool claimed it reorganised six blocks on the Monero chain after a month-long effort to dominate its mining panorama.
They don't name Monero essentially the most battle examined coin for no cause.
The very fact it has survived a lot greater than every other coin is pure worth. Precisely what a digital financial community ought to do.
Monero will solely maintain getting higher. pic.twitter.com/zKMLsVYBlg
— ᴜɴᴛʀᴀᴄᴇᴀʙʟᴇ (@DontTraceMeBruh) August 16, 2025
This degree of management might doubtlessly enable for double-spending and censorship of transactions. Nonetheless, Monero builders have pushed again.
In keeping with them, a reorganisation doesn’t essentially indicate a profitable 51% connect. Quite the opposite, specialists have warned that the pool’s dominance might allow it to rewrite the blockchain and block rival miners.
This incident has sparked on-line debates over vulnerabilities concerning proof-of-work blockchain with concentrated mining energy.
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The put up BTC’s Put up-Excessive Bull Entice, $12B BlackRock Guess Rattles ETH Provide: Finest Crypto To Purchase Now? appeared first on 99Bitcoins.
