Will Bitcoin Crash to $70,000? BTC Price Signals Flash Warning
Bitcoin’s powerful rally over the last few weeks has driven the price back near the $95,000 mark, but recent chart signals are pointing to possible turbulence ahead. The current structure, as seen on both the daily and hourly timeframes, reveals that BTC price might be preparing for a healthy pullback or even a sharper correction if critical support levels fail. Let's dive deep into what the charts are actually saying.
On the daily Heikin Ashi chart, Bitcoin price has printed its first red candle after several consecutive green sessions—indicating a potential short-term top forming around $95,000. This zone, previously marked by rejection back in March, is proving to be a persistent barrier. The MA Ribbon, which includes the 20, 50, 100, and 200 SMAs, presents a crucial resistance confluence between $91,500 and $94,000. The price is now trading just slightly above the 200-day SMA ($90,309), which historically acts as a make-or-break zone for trend continuation.
What makes this setup delicate is the flat structure of the 50-day and 100-day SMAs. These moving averages are not sloping steeply upward yet, indicating that although the momentum has returned, the medium-term trend hasn’t fully shifted into bullish territory. The daily Accumulation/Distribution Line (ADL) remains elevated, suggesting that smart money hasn’t aggressively exited yet—but any signs of further weakness could trigger significant profit-taking.
The hourly chart gives us a more granular view of short-term weakness. After failing to break above $96,000, Bitcoin retraced sharply and is currently hovering near $94,400. The price has slipped below the 20- and 50-SMA lines, with the 100- and 200-SMAs now acting as overhead resistance around $95,000–$96,000. This crossover from support to resistance could be a red flag that momentum is waning.
The Bitcoin price structure is also forming a potential descending triangle pattern, which often precedes bearish breakdowns. Moreover, the recent recovery candles lack conviction, suggesting that bulls may be running out of steam. ADL on the hourly chart is starting to flatten after rising steadily throughout the previous rally. This could indicate a pause in accumulation, and possibly the start of mild distribution.
The first major support to watch is the 200-day SMA on the daily chart at $90,309. If Bitcoin closes a daily candle below this level, it could trigger further sell pressure and shake weak hands. Below $90K, the $86,000–$88,000 region becomes the next critical area, which aligns with the 50-day SMA. Should this zone fail, a steeper drop toward $78,000 becomes increasingly likely.
The worst-case scenario would be a revisit of $70,000, which served as a macro support zone during previous consolidation phases. While this drop would represent a ~25% correction from recent highs, such pullbacks are not unusual in Bitcoin’s historical bull market cycles.
Bitcoin price is still in an overall bullish structure , but the short-term signals are flashing yellow. Consolidation below $95,000, weakening hourly momentum, and resistance from key moving averages suggest the path of least resistance could be lower in the coming days. A breakdown below $90,000 could accelerate downside momentum, potentially dragging the price into the low $80,000s or even the $70,000 region in a high-volatility scenario.
However, unless we see massive volume accompanying this move, such a pullback could represent a much-needed reset before the next leg up. Long-term trend supporters would likely view any dip toward $78K–$70K as a strategic buying opportunity.
BTC price action over the next few days will be pivotal in determining whether this is just a pause or the start of a broader correction.
Bitcoin’s powerful rally over the last few weeks has driven the price back near the $95,000 mark, but recent chart signals are pointing to possible turbulence ahead. The current structure, as seen on both the daily and hourly timeframes, reveals that BTC price might be preparing for a healthy pullback or even a sharper correction if critical support levels fail. Let's dive deep into what the charts are actually saying.
On the daily Heikin Ashi chart, Bitcoin price has printed its first red candle after several consecutive green sessions—indicating a potential short-term top forming around $95,000. This zone, previously marked by rejection back in March, is proving to be a persistent barrier. The MA Ribbon, which includes the 20, 50, 100, and 200 SMAs, presents a crucial resistance confluence between $91,500 and $94,000. The price is now trading just slightly above the 200-day SMA ($90,309), which historically acts as a make-or-break zone for trend continuation.
What makes this setup delicate is the flat structure of the 50-day and 100-day SMAs. These moving averages are not sloping steeply upward yet, indicating that although the momentum has returned, the medium-term trend hasn’t fully shifted into bullish territory. The daily Accumulation/Distribution Line (ADL) remains elevated, suggesting that smart money hasn’t aggressively exited yet—but any signs of further weakness could trigger significant profit-taking.
The hourly chart gives us a more granular view of short-term weakness. After failing to break above $96,000, Bitcoin retraced sharply and is currently hovering near $94,400. The price has slipped below the 20- and 50-SMA lines, with the 100- and 200-SMAs now acting as overhead resistance around $95,000–$96,000. This crossover from support to resistance could be a red flag that momentum is waning.
The Bitcoin price structure is also forming a potential descending triangle pattern, which often precedes bearish breakdowns. Moreover, the recent recovery candles lack conviction, suggesting that bulls may be running out of steam. ADL on the hourly chart is starting to flatten after rising steadily throughout the previous rally. This could indicate a pause in accumulation, and possibly the start of mild distribution.
The first major support to watch is the 200-day SMA on the daily chart at $90,309. If Bitcoin closes a daily candle below this level, it could trigger further sell pressure and shake weak hands. Below $90K, the $86,000–$88,000 region becomes the next critical area, which aligns with the 50-day SMA. Should this zone fail, a steeper drop toward $78,000 becomes increasingly likely.
The worst-case scenario would be a revisit of $70,000, which served as a macro support zone during previous consolidation phases. While this drop would represent a ~25% correction from recent highs, such pullbacks are not unusual in Bitcoin’s historical bull market cycles.
Bitcoin price is still in an overall bullish structure , but the short-term signals are flashing yellow. Consolidation below $95,000, weakening hourly momentum, and resistance from key moving averages suggest the path of least resistance could be lower in the coming days. A breakdown below $90,000 could accelerate downside momentum, potentially dragging the price into the low $80,000s or even the $70,000 region in a high-volatility scenario.
However, unless we see massive volume accompanying this move, such a pullback could represent a much-needed reset before the next leg up. Long-term trend supporters would likely view any dip toward $78K–$70K as a strategic buying opportunity.
BTC price action over the next few days will be pivotal in determining whether this is just a pause or the start of a broader correction.

National_Cryptographic
11ساعة
Bitcoin Weekly Update (with little 🎁today) | 05.05.25 – 11.05.25:
HTF:
Another weekly close above the local PSH, no strong breakout, no breakdown. We’re still ranging, and the game remains one of patience. I continue to eye the 8D level, which becomes more attractive by the day. The 72K level is still valid as well, but let’s not forget, we were already 'warned' about it by Cointelegraph. Until then, I'm focused on catching smaller plays in both directions, adapting as we go.
MTF/LTF:
No short trigger for me last week and i took the weekend off. The levels I had mapped reacted well, just without me onboard. No stress, the market always gives another chance. I’m still looking for a short setup at MTF resistance, but given we haven’t closed below the local PSH, I’ll size smaller for now. Orderflow isn’t signaling a strong retrace yet. That said, it’s still smart to scale into a tactical short with a local target, something that can be trailed lower if price decides to close the FVG.
Orderflow / Sentiment:
Positioning remains mixed, no obvious lean from the crowd. Interestingly, despite a strong rally, we still see no excessive long exposure. That tells me there’s still a layer of disbelief out there. That usually means HTF continuation isn’t done yet. Will it be a straight-line move? Highly unlikely. But I’m still convinced: We don’t get true sentiment shift until we break 100K.
We’re seeing a strong divergence: Crypto news is overly bullish, yet Orderflow remains subdued. Even TradFi sentiment seems to be stabilising. After all the recent fear, many inexperienced players are likely sidelined, textbook conditions for a lockout rally, which we’ve seen unfolding in almost all markets.
They’re now looking at prices that are, on average, 25% higher, in all markets, asking themselves if the correction is already over, just like I warned back in early April. With TradFi news sentiment starting to shift, they’re questioning their decisions even more.
Many seem to believe that just because bullish news has become a daily occurrence, the market can't go any higher. That assumption led me to dive deep into the world of historical news cycles and so I’ve got a little🎁for you:
If you take the time to study historical news events alongside price action, you'll notice that bullish or mixed news isn't always a fade, there are phases where it genuinely fuels upward momentum, squeezing shorts and propelling price into new trading ranges. This pattern usually unfolds after months of downside, when hope is drained and sentiment hits rock bottom, only to continue climbing until the disbelieve slowly fades.
This doesn’t necessarily mean we’re heading for a new ATH or the biggest altseason next. I’m just pointing out that it’s not as black and white as many make it seem.
Deep dive follows soon, stay tuned. 🚀
It may feel like we’re heading down now, but nothing major has broken. In fact, we’ve just printed another HTF close above PSH. I’m staying ready for both outcomes, but my bias remains to the upside.
Rallies are born in fear, gain strength in disbelief and hope, and die in euphoria.
Outlook:
BVOL24h is sitting on support. This Wednesday brings the FOMC meeting and the new ETH update, randomly falling on the same day. Volatility is brewing. My plan this week is to lock in a bit more, be patient, and strike when the opportunity is clean.
Wishing you all a focused and profitable week ahead.✌️
Understanding Web3: The Future of the Internet
Understanding Web3: The Future of the Internet
Web3, or Web 3.0, represents the next evolution of the internet, aiming to create a decentralized and user-owned digital world. Unlike Web1, which was static and read-only, and Web2, which brought interactive, social platforms controlled by major corporations, Web3 is built on blockchain technology. It promises to return ownership and control of data and digital assets to users through decentralized applications (dApps), smart contracts, and token economies.
One of the core technologies behind Web3 is the blockchain—a decentralized, tamper-proof ledger that stores data across a network of computers. This enables the creation of trustless systems, where transactions and interactions can occur without intermediaries. For example, cryptocurrencies like Bitcoin and Ethereum allow for peer-to-peer financial transactions, while NFTs (non-fungible tokens) provide a way to own unique digital assets, such as art, music, or even virtual land.
A key benefit of Web3 is user sovereignty. In a Web3 environment, users own their data, identities, and digital assets. Platforms like decentralized social networks or marketplaces allow users to interact and transact without giving up control to a central authority. This empowers individuals and communities, potentially reducing censorship and promoting more democratic online interactions.
Despite its potential, Web3 is still in its early stages and faces several challenges. Scalability, user experience, and regulatory uncertainty are significant hurdles. Many blockchain networks struggle with slow transaction speeds and high fees. Additionally, using dApps and managing digital wallets can be complex for non-technical users, limiting mass adoption. Governments and institutions are also grappling with how to regulate this new digital frontier while encouraging innovation.
In conclusion, Web3 represents a bold vision for a more open, transparent, and user-centered internet. While the technology is still developing, its potential to reshape digital ownership, finance, and governance is enormous. As more developers, entrepreneurs, and users engage with Web3, it could redefine how we interact online, ushering in a new era of digital freedom and empowerment.
Crypto Hacks Surged to $92.5M in April 2025: Immunefi
The crypto industry was victim to $92.5 million worth of losses from hacks across 15 separate incidents in April 2025 alone.
This marks a 27.3% increase compared to the $72.6 million reported last year in the same month. Compared to previous months in 2025, the figure more than doubled from March’s total of $41.4 million.
According to the latest report from the blockchain security platform Immunefi, the year-to-date total stands at $1.74 billion. This is already higher than the full-year total of $1.49 billion in 2024, which was previously considered the worst hit year in crypto-related hacks. Further, the survey highlighted that the figure represents a fourfold increase from the $420 million recorded during the same period last year.
Most of April’s setbacks came from just two incidents; blockchain payments platform UPCX suffered the largest single hit, losing $70.0 million, while decentralized exchange KiloEx followed with $7.5 million in losses.
Other affected platforms included Loopscale ($5.8 million), ZKsync ($5.0 million), and Term Labs ($1.5 million). Additional cases were recorded across Bitcoin Mission ($1.3 million), The Roar ($790,000), Impermax ($152,200), Zora ($140,800), and ACB ($84,100).
Hacks continue to be the predominant cause of losses as opposed to fraud, with 100% of the attacks being exploits. Notably, no incident recorded in April targeted centralized platforms. The affected players were exclusively from the Decentralized Finance (DeFi) sector.
Ethereum and BNB Chain were the most targeted blockchain networks, together accounting for 60% of the total. The former recorded five incidents, representing 33.3% of the total, while the latter followed with four, or 26.7%. Base experienced three incidents (20%), while Arbitrum, Solana, Sonic, and ZKsync each recorded one.
Outside of April, the crypto industry has been heavily hit in the first quarter of 2025, with the Bybit hack standing out as the largest. In this incident, bad actors took advantage of a vulnerability in the exchange’s hot wallet infrastructure, executing multiple transactions to steal $1.46 billion.
Infini was also targeted , with the attackers making away with $50 million after they manipulated vulnerabilities in its smart contracts. The exploit caused major disruptions, leaving users unable to access their funds for several days.
Meanwhile, DeFi lending platform zkLend fell victim to a $9.5 million flash loan attack that drained its liquidity pools. Ionic also experienced an $8.5 million loss after exploiters compromised a private key, gaining unauthorized access to wallets and transferring funds externally.
Polkadot Just Hit a Danger Zone!
Polkadot (DOT) has seen better days. Once hailed as a core layer-0 infrastructure token, its recent price action has left many traders on edge. As May 2025 unfolds, DOT is sitting at a critical support level after a multi-week consolidation and a sharp recent dip. With trading volume fluctuating and moving averages pointing downward, investors are asking : is DOT price preparing for a rebound , or will the support finally give way?
As of the latest candle close, DOT is trading around $3.98 , with hourly charts revealing sustained selling pressure. The price has decisively broken below the short-term support range around $4.10, and has lost grip of all key short-term moving averages (20, 50, and 100 SMA). The hourly 200 SMA, which often acts as the final defense for bullish momentum, is well above the price at $4.16 — now serving as stiff resistance.
On the daily chart, DOT price rejection from the 100 SMA (currently at $4.48) capped the recent rally. The 50 SMA is currently positioned at $4.06, and the price is now sitting just below it. This confluence suggests a weakening bullish structure with an increasing risk of further decline if DOT closes a few more candles below $4.00.
Looking at the Accumulation/Distribution Line (ADL), DOT shows a concerning pattern. Despite slight upticks in price during late April, the ADL failed to make a corresponding higher high. This divergence signals that smart money may be exiting positions during price relief rallies. On the hourly chart, the ADL continues its slow descent, confirming that bearish sentiment is currently stronger than what surface-level price action suggests.
Volume has also dried up, meaning there's little conviction from buyers to defend the $4 mark. Unless a catalyst emerges to spike demand, this stagnation may lead to a stronger downside move in the coming sessions.
The broader chart structure indicates that Polkadot price is at a decision point . If DOT price loses the $3.90 support with volume, it could swiftly drop to $3.60 or even test $3.30 — a level not seen since Q1 2023. However, if bulls manage to reclaim $4.10 and sustain above the 50 and 100 daily SMA, a short-term rally to $4.50 or even $5.00 becomes plausible, especially if the crypto market as a whole regains momentum.
Momentum indicators on lower timeframes hint at a possible oversold bounce, but without volume confirmation, any relief may be short-lived.
May could be make-or-break for DOT price . The current technical landscape suggests caution, as Polkadot price is at risk of losing its footing. However, these conditions also often precede strong reversal rallies — if bulls show up. A decisive reclaim of $4.10 would flip the script in favor of buyers, while sustained weakness below $3.90 could open the floodgates for deeper losses.
Polkadot (DOT) has seen better days. Once hailed as a core layer-0 infrastructure token, its recent price action has left many traders on edge. As May 2025 unfolds, DOT is sitting at a critical support level after a multi-week consolidation and a sharp recent dip. With trading volume fluctuating and moving averages pointing downward, investors are asking : is DOT price preparing for a rebound , or will the support finally give way?
As of the latest candle close, DOT is trading around $3.98 , with hourly charts revealing sustained selling pressure. The price has decisively broken below the short-term support range around $4.10, and has lost grip of all key short-term moving averages (20, 50, and 100 SMA). The hourly 200 SMA, which often acts as the final defense for bullish momentum, is well above the price at $4.16 — now serving as stiff resistance.
On the daily chart, DOT price rejection from the 100 SMA (currently at $4.48) capped the recent rally. The 50 SMA is currently positioned at $4.06, and the price is now sitting just below it. This confluence suggests a weakening bullish structure with an increasing risk of further decline if DOT closes a few more candles below $4.00.
Looking at the Accumulation/Distribution Line (ADL), DOT shows a concerning pattern. Despite slight upticks in price during late April, the ADL failed to make a corresponding higher high. This divergence signals that smart money may be exiting positions during price relief rallies. On the hourly chart, the ADL continues its slow descent, confirming that bearish sentiment is currently stronger than what surface-level price action suggests.
Volume has also dried up, meaning there's little conviction from buyers to defend the $4 mark. Unless a catalyst emerges to spike demand, this stagnation may lead to a stronger downside move in the coming sessions.
The broader chart structure indicates that Polkadot price is at a decision point . If DOT price loses the $3.90 support with volume, it could swiftly drop to $3.60 or even test $3.30 — a level not seen since Q1 2023. However, if bulls manage to reclaim $4.10 and sustain above the 50 and 100 daily SMA, a short-term rally to $4.50 or even $5.00 becomes plausible, especially if the crypto market as a whole regains momentum.
Momentum indicators on lower timeframes hint at a possible oversold bounce, but without volume confirmation, any relief may be short-lived.
May could be make-or-break for DOT price . The current technical landscape suggests caution, as Polkadot price is at risk of losing its footing. However, these conditions also often precede strong reversal rallies — if bulls show up. A decisive reclaim of $4.10 would flip the script in favor of buyers, while sustained weakness below $3.90 could open the floodgates for deeper losses.