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Cryptocurrency News Articles

Bitcoin Rejects $95K Support, But Investors Need Not Worry

May 05, 2025 at 01:10 pm

With Bitcoin losing a bit of ground and stepping back from its golden $100K mark, there could be concerns about whether the market is changing direction.

Bitcoin Rejects $95K Support, But Investors Need Not Worry

Bitcoin slipped below the $95K support level and is currently trading just above $94.5K, marking three straight days of red candles.

However, that hasn’t stopped the community from staying bullish on the project. Some analysts on CoinMarketCap suggest this minor dip could be a prelude to a major surge past $100K.

The environment around BTC is tense, but the excitement remains — clear signs that the market could turn volatile at any moment.

Therefore, those considering the best crypto to buy now should act soon.

Bitcoin Rejects $95K Support, But Investors Need Not Worry

With Bitcoin losing a bit of ground and stepping back from its golden $100K mark, there could be concerns about whether the market is changing direction.

However, given the institutional interest in this project — and the fact that some regulatory bodies, including the CIA, are considering integrating BTC — there is no need to worry.

The revelation that the Central Intelligence Agency is interested in Bitcoin comes from an interview conducted by Anthony Pompliano. In that interview, Michael Ellis, the Deputy Director of the CIA, clearly states that Bitcoin is here to stay, essentially as a “national security instrument.”

With such intense focus, it’s unlikely that the recent dip in BTC’s price signals anything negative.

Things on the technical side are also green. Investopedia recently published an analysis on TradingView stating that Bitcoin has formed a bearish Shark pattern due to its rejection from the golden pocket — meaning the recent red candles are likely short-term. Once the pattern completes, BTC is expected to resume a harmonic upward trajectory.

Other analysts, such as Crypto PM, revealed via Glassnode that Bitcoin has seen over 920K active addresses in the last 24 hours — the highest level of network activity in the past six months.

These analyses, coupled with regulatory developments, paint a positive picture for Bitcoin, suggesting a major parabolic move ahead. That means the time might be right to find the best crypto to buy now.

Best Crypto to Buy Now – Assets That Could Experience a Parabolic Increase in 2025

Bitcoin itself could be a good buy this year. However, due to its high price — and the fact that even a parabolic increase may not match previous short-term gains — the following investment options could offer better potential.

BTC Bull

BTC Bull is a meme coin project that essentially says, “It pays off to be bullish on Bitcoin.” Developed by a community of Bitcoin enthusiasts, BTC Bull is a straightforward project that ties its growth to Bitcoin by unlocking token burns and Bitcoin airdrops.

The milestones BTC Bull has set for itself are based on speculative targets suggested by experts — including $125K, $150K, and even $250K, levels that BitMEX co-founder Arthur Hayes has often referenced.

At each of those milestones, BTC Bull will either initiate token burns to reduce supply and benefit from rising demand or conduct Bitcoin airdrops, giving BTCBULL holders access to free Bitcoin.

This mechanism was designed to establish a clear pathway for channeling Bitcoin’s growth into BTC Bull — eliminating the uncertainty that often drives volatility in the cryptocurrency market.

SUBBDSUBB is a blockchain-based rendering of the OnlyFans platform, featuring top-level creators and AI-driven content creation tools.

Described by its official website as an AI agent platform, SUBB features an AI-driven content creation ecosystem set to compete with the likes of Fansly and OnlyFans. Not only does it showcase some top-level creators — including models who potentially earn millions on OnlyFans — it also features AI tools that empower both creators and fans to build AI influencers. These collaborative tools are easy to use and prompt-based. A preview of them is available on SUBB’s official Telegram channel, which has already excited the community with its unique and exclusive perks.

Staking rewards also await those who invest, with benefits that go beyond just APY. And since SUBB is a blockchain-based platform, creators who onboard stand to earn more from their content.

Most crypto analysts have praised the project’s long-term outlook. ClayBro, in particular, stated that SUBB could have 100x potential, citing the viral nature of its content and the platform’s strong fundamentals as key drivers.

SolaxySolana is one of the most popular altcoins on the market, but it is also one of the most congested. Despite the updates, scalability is a major point of contention for this project, and although Solana founders have expressed their disdain for L2 solutions, it is Layer-2 that could help Solana reach its full potential.

That is what the makers of Solaxy believe — the world’s first L2 solution for the Solana blockchain, adopting a roll-up architecture to enforce off-chain transactions so that Solana could achieve a nearly infinite level of scalability.

This pursuit of scalability is important because of

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Other articles published on May 05, 2025