Given Bitcoin’s current price of $88,178, its track record of tenacity, and professional predictions, the prognosis is still cautiously hopeful.
Investors should monitor the $83,000 support level and the $90,000 resistance level closely in the near future since they are likely to influence market sentiment.
Short-term outlook: Correction or Bear market?
According to a post by DocumentingBTC on X, Bitcoin hit $84,600 on Easter Sunday 2025, the highest price on this holiday in 17 years. As Bitcoin has grown from $0 in 2009–2010 to $84,600 in 2025, it has shown unmatched tenacity and uptake.
Additionally, the dominance of Bitcoin (BTC.D) has reached a 4-year high. Experts disagree on whether an altcoin season is imminent despite this.
Julio Moreno, Head of Research at CryptoQuant, stated on X that the price resistance of Bitcoin may fall between $91,000 and $92,000, which would correspond to the price that traders really saw on the chain. The analysis indicates that this realized price frequently acts as support in a bull market (bull market score ≥ 60) and as resistance in a bear market (bull market score ≤ 40). It is nevertheless believed that the present market falls into the latter category.
Bitcoin price resistance may be at ~$91-$92K, around the Trader’s On-chain Realized Price (pink line).
The trader’s Realized Price acts as support when market conditions are bullish (green area, bull score >= 60), and as resistance when market conditions are bearish (red area,… pic.twitter.com/EpKSqeITbr
— Julio Moreno (@jjcmoreno) April 21, 2025
According to a different study by CryptoQuant, the market is probably going through a normal correction instead than starting a complete bear market cycle. This opinion is in line with the current price of $88,178 for Bitcoin, which is still above important support levels while being somewhat below recent highs.
Difference Between a Bear Cycle & Typical Correction
“It’s more likely a typical correction than a full bear cycle. The previous price increase was relatively modest, indicating limited market overheating—also suggests the downside risk may be contained.” – By @DanCoinInvestor pic.twitter.com/bnZrMiCvV8
— CryptoQuant.com (@cryptoquant_com) April 20, 2025
Mark Cullen, an analyst, has been especially skeptical about the $83,000 mark. There may be a more severe bearish reaction in the market if Bitcoin falls below this level.
📈 #Bitcoin 90k liquidity still calling 🚀
BUT, i think the 83k level isn’t safe, those lows from last Sunday and Wednesday are likely to get run first.
THEN we wait for the reaction and bullish structure to build back inside the range low.#Crypto #BTC https://t.co/2ah5FIBepC pic.twitter.com/3EchnvgFSv
— AlphaBTC (@mark_cullen) April 20, 2025
According to a new study, rising momentum in the futures market is driving Bitcoin’s price toward a breakout over $90,000. If this level is broken, it may indicate the start of a fresh bullish wave driven by futures traders and dip buyers.
Long-term potential: A bullish future?
Regarding the future, analysts are still upbeat about Bitcoin’s course.
Like the Easter bunny, bounce bounce bounce bounce bounce!
Seriously fam, this might be the last chance you have to buy $BTC < $100k 😉😉😉😉.
New essay drops this week about The BBC Bazooka, treasury buy backs.
Yaxhtzee pic.twitter.com/iYCXqGxsws
— Arthur Hayes (@CryptoHayes) April 21, 2025
In a post on X, Rich Dad Poor Dad author Robert Kiyosaki expressed his strong belief that Bitcoin would hit $180,000 to $200,000 by the end of 2025.
This optimistic view is reinforced by Bitcoin’s track record of surviving corrections. For instance, Bitcoin had a huge recovery to $84,600 by 2025 after plunging to $27,931 on Easter Sunday 2023. Analysts believe that corrections are beneficial for long-term growth, and this recovery pattern supports their beliefs.
Investor behavior may also be influenced by the Fear and Greed Index. Bullish attitude is frequently indicated by a higher index number, which indicates greed and might propel Bitcoin closer to $90,000 and beyond.
Coinbase Derivatives lists CFTC-regulated XRP futures
With the introduction of regulated XRP futures contracts, Coinbase Derivatives, a division of Coinbase Global, has increased the range of products available to cryptocurrency traders in the United States.
The Commodity Futures Trading Commission has self-certified the new products, whose introduction was publicized on X on April 21. They are intended to give institutional and individual investors exposure to one of the most liquid digital assets available on the market while preserving money.
Coinbase Derivatives, LLC now offers CFTC-regulated futures for $XRP. https://t.co/omSNu0aEoC
— Coinbase Institutional 🛡️ (@CoinbaseInsto) April 21, 2025
Agreements to purchase or sell an item at a predetermined price at a later time are known as futures contracts. They are frequently used for speculating or hedging in the cryptocurrency market since they enable traders to apply leverage without really possessing the asset.
The offering comprises a conventional XRP futures contract worth 10,000 XRP and a nano version covering 500 XRP, according the formal filing with the CFTC. Both are settled in US dollars and compared to the MarketVector Coinbase XRP Index.
The lower contract size is intended to accommodate retail traders and smaller market players, while the normal form is appropriate for bigger institutions seeking more liquidity.
The debut of Coinbase’s XRP futures comes after comparable listings for Hedera and Solana went online in February 2025. The exchange’s U.S. derivatives platform now provides over 20 cryptocurrency-based contracts in addition to traditional products related to commodities like gold and crude oil.
Institutional interest in XRP is growing at the same time as this launch. The U.S. Securities and Exchange Commission has received applications from asset managers Bitwise, 21Shares, and Franklin Templeton to introduce exchange-traded products connected to XRP. That need may be satisfied by Coinbase’s listing, which provides a legal means of increasing visibility.
It also comes at a significant turning point in the SEC’s protracted legal dispute with the XRP Ledger’s creator, Ripple Labs. Both parties claimed to have struck a settlement “in principle” when they submitted a combined application to suspend the lawsuit earlier this month. The lawsuit might be resolved in 60 days if the SEC commissioners accept it.
Shiba Inu price sits in ‘buy zone’ could 17x
Shiba Inu price eyes a 17x rise to $0.0002 after hitting a “buy zone.” An increase is also indicated by the declining supply and increasing open interest.
After the king coin jumped above $88,000 for the first time in three weeks, the meme coin market is gradually rising and following Bitcoin (BTC). The market value of all meme coins has risen by 3% to $50 billion at the time of writing. However, given that it has dropped 2.8% to trade at $0.0000123 at the time of writing, the price of Shiba Inu has not yet benefited from the rise.
A leading analyst forecasts a 17x surge for SHIB value today as it reached a “buy zone,” despite this unfavorable trend. Will the price of Shiba Inus eventually break out of the present consolidation zone and rise higher if demand spikes at this level? Let’s investigate.
Analyst forecast 17x rally for Shiba Inu price
According to prominent crypto analyst CryptoELITES, the Shiba Inu price is currently lying in a good buy zone, signaling that a major upward rise is on the way. For this popular meme coin, one expert predicts a surge of 14x to 17x.
A 14x rise would push the meme currency to $0.00018, while a 17x explosion would propel SHIB to $0.00021 from its current price of $0.0000123. The price of Shiba Inu must, however, defend support at the lower declining trendline in order for this bullish thesis to prevail.
If SHIB overcomes resistance at the 0.618 Fibonacci level of $0.00003, the upward advance will be verified. The meme currency will be on its way to erasing one zero after turning this level, which will pave the way for a climb over $0.000085.
Shiba Inu may see a supply squeeze if demand increases once it reaches this purchase zone. Santiment data indicates that the quantity of SHIB available in exchanges has fallen to all-time lows. The optimistic Shiba Inu price prediction is supported by the low supply and high demand, which suggests that an all-time high may be imminent.
Shiba Inu open interest soars 43% in two weeks
In the past two weeks, Shiba Inu (SHIB) open interest has increased by 43 percent, according to Coinglass data. The meme coin’s open interest was $135 million at the time of writing, up from about $94 million just two weeks prior.
Futures traders are initiating new positions on Shiba Inu when the open interest is rising, like it is right now, because they believe the market is poised to record a big trend. The positive thesis on the price of Shiba Inus and the likelihood of a 17x rebound are further supported by this aspect. But the heightened leverage activity surrounding SHIB may potentially enhance the volatility of the meme currency.
In conclusion, the increased open interest and the positive forecast made by a well-known expert on Shiba Inu point to an impending rise for this meme currency. However, SHIB’s ability to generate customer demand will determine if this price increase occurs.
