Bitcoin price eyes prodded above $104,000 on Friday as Asia’s top ETF investor pours $691M into BlackRock’s BTC fund, reinforcing global institutional confidence. Could the rising spate of institutional inflows propel BTC above $120,000 in the weeks ahead. Bitcoin (BTC) Price Eyes $120K After Asia’s Largest ETF Investor Boosts BlackRock Exposure At press time, Bitcoin (BTC) traded at $104,007, holding above the psychologically critical $104,000 mark despite heightened volatility in the altcoin market this week. This resilience is being fueled by a surge of institutional interest, most notably from Asia’s largest ETF investor, who has now raised its investment in BlackRock’s Bitcoin ETF to $691 million. Avenir Group Confirms Holdings in Blackrock’s Bitcoin ETF (IBIT) and Fidelity’s (FBTC), May 2025 On Thursday, Avenir Group, Asia’s largest institutional investor in Bitcoin ETFs, has significantly increased its holdings in BlackRock’s iShares Bitcoin Trust (IBIT), according to a recent SEC filing. As of… Read More at Coingape.com
AI meme coins led the rally, with AIXBT surging 17% despite a quiet broader market. This bullishness suggests AI memes still have strong investor interest.
BeInCrypto has analyzed two additional AI meme coins for investors to watch today, highlighting their potential price directions.
AIXBT price surged nearly 17% in the last 24 hours, currently trading at $0.210. The AI meme coin is trying to hold $0.209 as a support floor, aiming to stabilize its recent gains and build momentum for a potential further rally.
Despite recent gains, AIXBT has faced resistance at $0.209 several times, breaking it only once. The Parabolic SAR indicator above the candlesticks signals a possible decline, suggesting caution as the price struggles to maintain upward momentum.
If broader market conditions remain weak, AIXBT could drop back to support at $0.166. However, securing $0.209 as support might fuel a rally toward $0.227, invalidating bearish concerns and signaling renewed buying interest.
ai16z experienced volatility in the last 24 hours, dipping to an intra-day low near $0.260 before rebounding. Since then, the meme coin has surged 21%, showing resilience amid market fluctuations and renewed investor interest.
The Chaikin Money Flow (CMF) indicator shows a sharp uptick, signaling strong capital inflows. This boost supports ai16z’s price rise, with the altcoin aiming to break the $0.342 resistance and potentially reach $0.380 if the momentum continues.
However, selling pressure could disrupt this trend. If ai16z fails to breach $0.342 or faces heavy investor sell-offs, the price might drop toward the $0.256 support level from its current $0.317, weakening the bullish outlook.
VADER gained 8% in the last 24 hours, trading at $0.0415 while attempting to hold $0.0385 as support. With over 215,690 holders, the meme coin has attracted attention since early May, showing growing interest among investors despite volatility concerns.
Investors should be cautious as VADER lacks a transaction tax limit, allowing the contract owner to change terms at will. The next key resistance level is $0.0510. The Relative Strength Index (RSI) remains in the bullish zone, indicating potential upward momentum for the meme coin.
If VADER fails to maintain support at $0.0385, the price could drop to $0.0340 or lower at $0.0286. Such a decline would invalidate the current bullish outlook, signaling increased selling pressure and potential losses for holders.
Dogecoin (DOGE) is struggling to regain traction. It has been down more than 5% over the past seven days and has traded below $0.25 since the end of February. Despite brief signs of momentum, technical indicators still reflect a bearish bias, with key resistance levels capping upside attempts.
The Ichimoku Cloud remains red, EMA lines are still bearish, and price action continues to hover below critical trend-confirmation zones. However, a sharp shift in BBTrend and improving momentum metrics suggest traders are watching closely for a potential breakout attempt.
Dogecoin Faces Resistance as Bearish Ichimoku Structure Persists
Dogecoin’s current Ichimoku Cloud chart shows a clear bearish structure, with price action remaining below the Kumo (cloud), which is shaded red in the near term.
The blue Tenkan-sen (conversion line) is positioned below the red Kijun-sen (base line), reinforcing a short-term bearish outlook.
Additionally, the price candles are struggling to break above the Tenkan-sen, which is acting as dynamic resistance and preventing upward momentum from building. This typically signals weak buying pressure in the current market phase.
Looking forward, the Kumo cloud ahead is transitioning from red to green, indicating a potential shift in sentiment if price manages to approach and penetrate the cloud.
However, the cloud itself is relatively thick, which suggests a strong resistance zone that will require significant bullish momentum to overcome. Until price enters or breaks above the cloud, the prevailing bias remains bearish.
The Kumo’s current flat base could also act as a magnet, drawing price toward it, but sustained upside will depend on whether Dogecoin can flip the cloud into support.
DOGE Sees Sharp Reversal as BBTrend Turns Positive
Dogecoin’s BBTrend indicator has flipped strongly bullish, rising to 2 from -3.14 just a day ago.
The BBTrend (Bollinger Band Trend) is a momentum indicator that measures the strength and direction of price movement relative to its Bollinger Bands.
Values above zero suggest bullish momentum, while values below zero signal bearish pressure. The higher the positive value, the stronger the upward momentum; likewise, deeper negative values indicate stronger downward trends.
With DOGE’s BBTrend now at 2, it indicates a potential shift in sentiment and growing bullish momentum. This sharp reversal suggests that buying pressure is increasing and the asset may be entering a recovery phase.
While it doesn’t confirm a sustained uptrend on its own, a BBTrend in positive territory often precedes further gains—especially if supported by rising volume and follow-through in price action.
Traders may view this as an early signal to monitor for potential continuation.
DOGE Must Break $0.206 to Flip Trend—Or Risk Dropping to $0.168
Dogecoin’s EMA lines remain in a bearish alignment, with short-term averages still below the long-term ones, reflecting ongoing downward pressure.
If the current bounce fails to gain strength, DOGE could soon retest support at $0.168, which has held in recent sessions. Without a decisive shift in momentum, this level may act as a magnet for price action in the near term.
The absence of an EMA crossover keeps the overall trend bearish for now.
On the flip side, if momentum strengthens and DOGE manages to break resistance at $0.206, it could trigger a broader reversal. In that case, the next upside targets would be $0.232 and potentially $0.254, assuming sustained follow-through.
Pi Network price has left investors puzzling over a steady decline that saw Pi Coin nearly sink to $0. 3. To prevent a repeat of the steep drop, the pseudonymous Satoshi Nakamoto is making a case for a decentralized market stabilization mechanism for the Pi Network.
A Community-Driven Liquidity Pool For The Pi Network
The pseudonymous Satoshi Nakamoto theorized on X that a community-driven liquidity pool (CDLP) will provide a range of benefits for Pi Network. According to his post, CDLP will operate as a decentralized market stabilization mechanism focused on Pi Coin price performance.
The plan, leaning on the Dollar-Cost Averaging (DCA) buying strategy, will require participants to commit to purchasing a fixed amount of Pi monthly. Each user participating in the CDLP will have full control of the Pi coins in their wallets without the need for any intermediaries.
Per Nakamoto, users purchasing Pi coins each month will form a “massive” CDLP capable of preventing steep price drops. The CDLP achieves this by increasing Pi liquidity, reducing circulating supply while demand continues to increase.
“This pool increases market depth, cushions sharp price drops, and promotes a more stable price structure,” said Nakamoto.
Nakamoto says the CDLP is not a short-term strategy to prop up Pi Network as it advocates for long-term holding. In the short term, Dr Altcoin wants Pi Network to burn tokens as a near-term solution to falling prices.
The Entire Ecosystem To Benefit From CDLP
Apart from stabilizing the Pi Network price, the CDLP will have an impact on the broader ecosystem. First, Nakamoto says developers building projects will have a stable environment without the hassle of sharp price drops. The Pi Network has previously come under fire after PiDAOSwap launched NFTs on BSC over lengthy KYB delays
Furthermore, a stable price will be an incentive for businesses to accept Pi as a payment mechanism. Nakamoto says Pi holders will be rewarded by future decentralized applications (DApps) building on the network.
“This doesn’t just stabilize the price – it transforms Pi’s visibility, strengthens the community, and attracts more developers and real-world use cases,” said Nakamoto.
Nakamoto says the CDLP is viable and sustainable as it does not require whales to support the price. Nakamoto claims that a $10 monthly commitment to buy Pi will result in a “steady $100 million inflow” into PI that is user-controlled without third-party risks.
Centralized exchanges like Binance sidelining Pi in listing processes have affected community sentiments, triggering a bearish sentiment for Pi.
