Peanut the Squirrel

Bitcoin benefits from a weaker dollar, but credit market signals warn of possible investor caution that could prevent the bulls from making a run at $120,000.

Bitcoin’s tight consolidation and Ether’s shallow pullback suggest a directional move could be around the corner.

XRP price faces mounting pressure as whales exit, and $2.65 emerges as the line between recovery and a bigger correction.

ETH is retesting a multiyear distribution resistance zone that preceded a 66% drop in December 2024.

Bitcoin acquisition trends are leading to predictions of a major BTC supply shock, with bullish implications for price.

The short-term outlook for Bitcoin remained cautious, with a possibility of a trip toward $105,000, which one analyst called a “hidden danger zone” for BTC price.

Fundstrat managing partner Tom Lee said Bitcoin should hit $1 million “over time” and isn’t ruling out $250,000 for 2025.

The performance of altcoins this week suggests “rapid derisking across the high-beta segments” of the crypto market.