Expert Analyst Warns Bitcoin/VIX Is Not Bullish: Bear Market Signals
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Technical expert Tony Severino has warned that the Bitcoin/VIX is not as bullish as market participants might believe. Instead, the expert revealed that the current indicators point to the flagship crypto being in a bear market. Bitcoin/VIX Points To A Bear Market: Analyst In an X post, Severino warned that the Bitcoin/VIX isn’t bullish as some crypto influencers might paint it out to be. He remarked that the technical analysis of it suggests that the current signals are what market participants tend to see during Bitcoin bear markets. However, the expert noted that the month isn’t over yet, which suggests that these indicators could still turn bullish. Severino previously highlighted several reasons why he is no longer bullish on Bitcoin and other crypto assets. Back then, he alluded to BTC’s chart, which, based on the Elliott Wave theory and other technical indicators, showed that the flagship crypto has likely topped in this market cycle. Amid Severino’s warning, crypto analysts like Saeed have offered a more bullish outlook for Bitcoin. Saeed stated that this correction is simply a healthy retracement and that the flagship crypto’s broader trend is still bullish. The analyst highlighted $85,000 as the level Bitcoin needs to break above to reach new highs. BTC is now trading at $84,688. Chart: TradingView The macro side also looks to be bullish for Bitcoin at the moment. The latest CPI and PPI inflation data, which were released, came in lower than expectations, raising hopes of a Federal Reserve rate cut soon. According to a recent report, Boston Fed President Susan Collins also assured that the US central bank is ready to help stabilize the market if necessary. With US President Donald Trump’s tariffs persisting, the US Fed might have to step in soon, which is bullish for Bitcoin and other crypto assets, as more liquidity will flow into them. Bullish Technical Analysis For BTC In a recent X post, crypto analyst Titan of Crypto revealed that Bitcoin is forming an inverse Head-and-Shoulders pattern, although it still looks like a clean retest for now. He remarked that if this pattern plays out, the flagship crypto could reach $125,000 this year, marking a new all-time high (ATH). Meanwhile, crypto analyst Rekt Capital revealed that Bitcoin is developing another Higher Low on the Relative Strength Index (RSI) while forming Lower Lows on the price. He noted that throughout the cycle, BTC has formed bullish divergences like this on a few occasions. This is a positive for the flagship crypto, as each divergence has always preceded reversals to the upside, indicating that BTC could again rally to the upside soon. Related Reading At the time of writing, Bitcoin price is trading at around $83,400, up over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pexels, chart from TradingView
XRP ETF Launch Impresses Even In Bear Market, Says Analyst
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley! So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better. Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Why Isn’t XRP Skyrocketing? Expert Explains The Hidden Forces
XRP prices dipped below $2 for the first time since December 2024 on Monday, even after a number of positive developments for the cryptocurrency. The decline is surprising to many investors who had hoped recent good news would send its value higher. Market analyst Vincent Van Code attributes this underperformance to underlying economic issues and not with XRP itself. Trump Tariffs Are Blamed For Crypto Market Decline Van Code attributes the recent decline in cryptocurrencies to the tariffs imposed by US President Donald Trump on other nations. The tariff situation is just a power play to utilize economic pressure to get better negotiating terms, said Van Code. He expects these trade tensions to be short-term and perhaps pave the way for the market to rebound in the near future. Current #XRP prices are not aligned with recent @Ripple market announcenets, SEC case conclusion news, XRP US stockpile. Do you think this is becuase XRP is not performing well? I DONT! This is a global market downturn. Impacts across multiple markets, multiple countries, and… — Vincent Van Code (@vincent_vancode) April 9, 2025 XRP Fundamentals Strong Even after falling to $1.64 on April 7, XRP has shown a rebound by increasing to $1.82—a 10% increase. Van Code pointed out that Ripple and XRP’s fundamental strengths have not changed. They’re a hundred times better than a year ago when the SEC lawsuit was at its peak, he said. The SEC-Ripple case resolution, potential inclusion in US digital asset reserves, and Ripple’s Hidden Road acquisition were all considered positive developments for the cryptocurrency. Investment Strategy During Market Uncertainty Van Code described his approach to today’s market condition, showing he buys such assets like XRP when sentiment is low but fundamentals remain in place. He looks at weekly charts for larger decisions and uses hourly charts for intraday action. The market commentator termed XRP the “Fight Club” of cryptos because of its ability to withstand market action and stress. Future Growth Drivers For XRP Going forward, Van Code identified three key drivers to XRP adoption: regulation, corporate usage, and solid partnerships. He warned investors to avoid being influenced by short-term price fluctuations due to outside influences such as the tariff scenario. The analyst said that he would only be jittery if XRP was the sole cryptocurrency that is dropping in value. He also stated that the current decline is part of a larger market trend and not particular to XRP. The cryptocurrency market still responds to economic policy as investors look for indications that the tariff issue is resolved. Most XRP supporters are optimistic that as soon as these external pressures are gone, the price will more accurately reflect the good news surrounding Ripple and its currency. Featured image from Unsplash, chart from TradingView