Amid calls of Bitcoin price rally to $500K and $1 million by 2030, maximalist Willy Woo said that on a realistic basis, BTC’s compounded annual growth rate (CAGR) will drop under 10%, from the current 40%. Woo’s projections come from historical data, setting up some realistic expectations. He explains how BTC is gaining prominence as a global macro asset. Willy Woo Explains Why Bitcoin CAGR Will Drop In the Next Decade Prominent analyst Willy Woo has offered insights into Bitcoin’s Compound Annual Growth Rate (CAGR), highlighting a shift in its growth dynamics over recent years. Woo explained that Bitcoin’s explosive growth phases, like the 100%-plus CAGR seen before 2017, are now part of its history. Woo further stated that 202 was a pivotal year as it became institutionalized, and corporations and sovereign entities began to accumulate the assets. Furthermore, with the arrival of spot BTC ETFs in January 2024, institutional… Read More at Coingape.com
Veteran trader Peter Brandt shared his take on the current state of Ethereum (ETH), suggesting it’s poised for a breakout. Although Brandt did not explicitly mention this, his ETH daily bar chart spoke for itself. Based on the trader’s chart, the Ethereum price has been consolidating over the past three weeks, forming a symmetrical triangle,
Made in USA coins are showing bullish indicators as the crypto market enters a new cycle. Bitcoin formed a new ATH at 118,869, and the altcoins followed. However, concern could arrive in the form of tariff wars as Trump announced new tariffs on 25 countries, including the European Union.
BeInCrypto has analysed three Made in USA coins that could face some turbulence in the coming days.
The upcoming Golden Cross is expected to drive XLM’s price further upward, potentially reaching $0.412. If the altcoin can hold the $0.355 support level, this could lead to sustained bullish momentum.
However, if market conditions shift negatively, particularly due to tariff wars or broader economic uncertainty, XLM’s price could face downward pressure.
A fall below $0.355 would likely trigger a decline, with support at $0.332 and $0.313. Such a move would invalidate the current bullish outlook and potentially reset the altcoin’s momentum.
Bonk (BONK)
BONK has gained 18.4% over the last week, reaching $0.00002333. The altcoin is still attempting to secure the $0.00002272 support level, which it has previously failed to hold.
Successfully securing this level would provide the stability needed for the price to maintain its upward momentum.
This recent price rise could attract FOMO-driven inflows, pushing BONK towards the next resistance level of $0.00002496. If the altcoin can secure this resistance, it would solidify recent gains, offering further upward momentum.
However, investors should monitor broader market trends closely. A failure to hold $0.00002272 as support could result in a price drop to $0.00001996.
This would erase a significant portion of recent gains and invalidate the bullish outlook, signaling a potential shift in market sentiment.
Helium (HNT)
HNT has surged 37% over the past week, becoming one of the top-performing altcoins. The price has reached a monthly high, reclaiming the $3.00 mark.
This rally signals growing momentum, but the key challenge will be maintaining this level amid potential market fluctuations in the coming days.
The increased inflows, as shown by the CMF, suggest that demand for HNT is rising. These positive inflows could help sustain the rally and push the price higher.
If the trend continues, HNT could target resistance levels at $3.38 and $3.63.
However, if profit-taking accelerates or broader market cues turn bearish, the rally could face a reversal. HNT may struggle to maintain the $3.00 support and could fall back below it.
A drop below $2.75 would likely lead to a decline to $2.41, invalidating the bullish outlook.
After a steep fall to $0.40 earlier this week, the Pi Network price bounced back to $0.60 levels, with its market cap above $4.1 billion. However, on-chain data shows that investors’ interest in the Pi Coin is waning quickly, with daily trading volumes dropping another 44% to $158 million. Analysts point out that the increasing supply of PI tokens at the exchanges can further dampen the upside and could put the ecosystem growth in the shadows.
Why Is Pi Network Investor Sentiment Down
Pi Network community member Edycabas recently shared his take on the collapse of transaction activity on the blockchain. He noted that the Pi blockchain is underwhelming, reportedly processing less than one transaction per second, despite years of promotion suggesting thousands of transactions per block during its Open Mainnet phase.
Source: Edycabas
Responding to this, another community member, Dr Altcoin, noted that the blockchain itself remains operationally robust, boasting a 99.5% transaction success rate and averaging 20 transactions per block. “The real issue lies in transparency concerns surrounding the co-founders, which continue to deter major investors and centralized exchanges (CEXs),” he said.
Besides, Dr Altcoin also shared aspirations for the Pi Network price to reach a minimum token value of $10, which, as per the analyst, would significantly boost engagement with decentralized applications (DApps) and broader adoption. Dr Altcoin has also previously suggested for Pi token burns to boost the Pi Coin price higher.
Pi Coin Core Team Lacks Transparency
Dr. Altcoin has also questioned the Pi Network co-founders’ reluctance to engage publicly, urging them to address the community and investors. “Why do the co-founders avoid interviews?” Dr. Altcoin asked, adding that the “Pi Community has kept this project alive for years, and it deserves greater recognition”.
Dr. Altcoin stressed that co-founders Nicolas Kokkalis and Chengdiao Fan must step up to showcase the project’s potential to prevent the token from declining further, warning of a possible Pi Coin price dip below $0.30 in the coming week.
Crypto analyst Dr. Altcoin has issued a statement predicting significant activity on centralized exchanges (CEXs) as unlocked Pi tokens flood the market. Starting next week, an average of 134 million Pi tokens will reportedly enter circulation monthly.
