Is the Crypto Market Turning a Corner?

Crypto analyst Ali Martinez's report of $815M+ in Ethereum ($ETH) whale accumulation, coupled with his Bitcoin rally prediction, would suggest so.

Crypto analyst Ali Martinez has reported that over $815M was used to accumulate Ethereum (ETH) in preparation for its push toward the key resistance at $2K.

This aligns with the predictions from some crypto pundits that the recent dip in crypto prices is actually just part of a larger bullish cycle, which is good news for those looking to buy BTC Bull Token (BTCBULL), Best Wallet Token (BEST), and Qubetics (TICS).

According to reports by crypto analyst Ali Martinez on X, previously known as Twitter, significant Ethereum (ETH) whale purchases were made in preparation for the cryptocurrency’s push toward the key resistance at $2,000.

Using an In/Out of the Money Around Price (IOMAP) metric, Martinez highlighted that ETH is currently trading within a crucial range.

An stimated 68,000 traders entered 'out of the money' below the current price, indicating strong selling pressure if the price were to drop further.

However, a substantial amount of coins, valued at over $815M, were accumulated by whales at an average price of $1,526.

To capitalize on these gains, traders would need to push the price higher, presenting a significant barrier.

This aligns with the predictions from some crypto pundits that the recent dip in crypto prices is just part of a larger bullish cycle.

As reported by Benzinga, several crypto analysts, including Ben Armstrong, known for his YouTube channel "Armstrong World," and "CRYPTO MUMMER," have suggested that the market is still in a bull cycle despite the recent price drops.

suggesting that the crypto market is still in a bull cycle despite the recent price drops.suggesting that the crypto market is still in a bull cycle despite the

Many were disappointed by the lack of crypto-related topics in the State of the Union address, especially after reports that the Biden administration might announce a ban on U.S. citizens from trading in cryptocurrencies.

However, the crypto community is now buzzing with excitement as the White House prepares to announce its strategy for digital assets.

Is A Bitcoin Breakout Looming?

After analyzing Bitcoin using an ascending triangle pattern, crypto analyst Ali Martinez predicts that the crypto might break the horizontal resistance and continue its upward trend, which suggests a potential climb toward $90K.

This breakout, a signal of bullish activity, has maintained its momentum over the weekend, indicating strong buying pressure.

This could be Bitcoin’s chance to explode, as predicted by BitMEX co-founder Arthur Hayes, who said we need to see a downturn in traditional markets first before Bitcoin rises.

Many were disappointed by the lack of crypto-related topics in the State of the Union address, especially after reports that the Biden administration might announce a ban on U.S. citizens from trading in cryptocurrencies.

But now, it seems everything is lining up and heading in the right direction.

Do these developments suggest the bull run is imminent, at least for BTC and ETC? If so, it’s easy to expect that other cryptos will also experience a surge.

We’ve looked at three of the best altcoins that could explode on the back of the potential bull run.

1. BTC Bull Token (BTCBULL) – BTC Rewards For Bull Charges

If BTC goes on a wild bull run, you’d expect Bitcoin Bull Token (BTCBULL) to ride that bucking bronco two, right? It’s all about pushing Bitcoin to $1M+, and its name makes that pretty obvious.

Perks? Yes, please!

BTCBULL holders get passive rewards, like BTC airdrops, as Bitcoin rises and reaches key milestones, and if they hold their tokens in Best Wallet.

And they’re not stopping there – token burns to increase scarcity and value are also on the way. It’s not surprising that BTCBULL is gaining momentum.

BTCBULL is currently priced at $0.002415, showing a 2.77% increase since its presale launch at $0.00235 in February.

Early investors can capitalize on this growth with a 115% APY staking opportunity during the presale. For more details on buying BTCBULL, refer to our guide.

With the whale buys of last week, it’s looking like we might see a bull run that pays off big for investors, and continues to break the horizontal resistance of the ascending triangle.

2. Best Wallet Token (BEST) – Simple Name, Serious Crypto Perks

Best Wallet Token (BEST) is the official presale token of… you guessed it – Best Wallet. Not really too hard to work out that one.

However, light-heartedness aside, Best Wallet Token, and the access it gives you to the Best Wallet ecosystem, could be the answer to all your crypto needs.

Owning BEST unlocks a range of perks, including governance rights and priority access to