Bitcoin Logs Worst Q1 in 7 Years: Market Metrics Point to Brewing Bullish Momentum

The idea of merging all the current Broccoli projects into one has gained much attention. Even the former CEO of Binance, CZ, has supported this idea.

Previously, Changpeng Zhao (CZ) shared the story of his dog Broccoli, which quickly sparked a wave of meme coins BROCCOLI in the crypto market. However, these projects are fragmented, and many have seen sharp price drops since their launch.

The Bold Idea Of Merging All The Broccoli Meme Coins

A user on the X platform (formerly Twitter) shared his opinion on the current state of the Broccoli projects. In the present context, this user posed a question:

“The odds of any single broccoli hitting 10x are slim to none on its own, but together?” the X user suggested.

He pointed out that the fragmentation of the Broccoli meme coin projects has prevented many investors from participating because people don’t know—or can’t predict—which project will receive liquidity.

There are too many projects being introduced. The popularity of the Broccoli meme coin has brought CZ in for much criticism.

Some Broccoli projects reached a market cap of tens of millions of USD within hours but quickly collapsed due to sell-offs or scams.

Earlier this January, Binance announced and introduced three Broccoli projects, including Broccoli (BROCCOLI), CZ’S DOG (Broccoli), and Broccoli (Broccoli) into Binance Alpha, which have the potential to be listed on the exchange.

“Merging all Broccoli under one new contract is the safest, most promising bet for everyone involved. The odds of any single Broccoli hitting 10x are slim to none on its own, but together? That’s a real possibility,” wrote popular BNB trader Ben Todar.

He noted that each community is too distinct, and picking one as the standout is very difficult. When CZ first shared about his dog Broccoli, many investors asked him for the official CA (contract address).

CZ clarified that he didn’t launch a meme coin and said, “let the best meme coin in the community win.”

Will a Potential Merger Help BROCCOLI Explode?

The former Binance CEO has also expressed interest in this idea. He suggested that combining them would be the best approach in the current chaotic meme coin space.

Most recently, when CZ revealed that he holds a significant amount of BNB, the price of the BROCCOLI meme coin skyrocketed. However, as of the time BeInCrypto wrote this article, many BROCCOLI coins had lost most of their value.

The three CZ’s Dog projects on Binance Alpha have faced the same fate. Data show that more than 40% of Binance Alpha tokens decreased in price after the announcement. 

Thus, the merger idea might be an attempt to salvage the situation. A larger community may have the opportunity to vote on the listing of their coin through a new feature introduced by Binance.

However, the timing and potential execution plan remain unclear.

The post Binance’s CZ Supports Combining All BROCCOLI Meme Coins Into One appeared first on BeInCrypto.

Bitcoin (BTC) is up nearly 5% over ten days and is currently attempting to reclaim the $90,000 level. The recent uptick in whale activity, combined with strong technical indicators, is fueling optimism about a potential breakout.

Bullish patterns across both Ichimoku Cloud and EMA structures suggest the market may be gearing up for a move higher. As momentum builds, traders are watching closely to see if BTC can push toward the $100,000 mark in the coming weeks.

BTC Whales Reached Its Highest Level Since December 15

The number of Bitcoin whales—wallets holding between 1,000 and 10,000 BTC—increased from 1,980 on March 22 to 1,991 on March 25, marking the highest count since December 15.

Although modest, this rise is significant as it reflects renewed accumulation by large holders after more than three months of subdued activity.

Tracking whale wallets is crucial because these large players often move markets; their accumulation or distribution patterns can serve as early signals of broader sentiment shifts or major price moves.

Whales are typically considered “smart money,” and when their numbers rise, it often suggests increased confidence in the market’s near-term outlook.

Although the growth rate of new whales has slowed in recent days, the fact that their count has reached a multi-month high signals underlying strength.

It could imply that institutional or high-net-worth investors are positioning themselves ahead of a potential bullish move, adding weight to Bitcoin’s current support levels and possibly paving the way for further upside if momentum continues.

Bitcoin Ichimoku Cloud Paints A Good Momentum

Bitcoin’s Ichimoku Cloud chart is showing a bullish structure, with price action clearly above the cloud and the cloud itself turning green and rising ahead.

The Tenkan-sen (blue) is above the Kijun-sen (red), indicating that short-term bullish momentum is still in play. However, the two lines have started to flatten, suggesting a possible pause or consolidation.

The future cloud (Kumo) is wide and sloping upward, which signals solid underlying support and growing trend strength. Additionally, the Chikou Span (lagging line) is positioned well above past price action, further confirming bullish sentiment.

While there may be some sideways movement in the short term, the overall Ichimoku setup continues to favor the bulls unless a breakdown below the cloud shifts the outlook.

Will Bitcoin Rise Back To $100,000 In April?

Bitcoin’s EMA lines are aligning for a potential golden cross, which could signal the start of a fresh bullish phase. If this crossover happens and Bitcoin price manages to break the resistance at $88,807, it could trigger a move toward $92,928.

A strong continuation of the uptrend might then send Bitcoin to test $96,503 and $99,472, with a possible breakout above $100,000 if momentum accelerates.

On the other hand, if Bitcoin fails to break above $88,807 and faces a trend reversal, it could pull back to test the support at $84,736. A break below that level could lead to further downside toward $81,162.

If selling pressure continues, BTC might even revisit $79,970 and $76,644, potentially falling back below the $80,000 mark.

The post Bitcoin (BTC) Eyes a Breakout Towards $100,000 as Whale Accumulation Surges appeared first on BeInCrypto.