According to Cas Abbé, BTC is currently testing a significant resistance level after a failed breakout attempt that was identified as a Sunday scam pump (source: @cas_abbe, May 19, 2025). Despite this short-term rejection, the long-term outlook remains positive as Bitcoin has formed a bullish cross on the weekly MACD, a technical indicator often associated with upward momentum. This suggests that traders should closely monitor resistance levels for potential breakout confirmation, as sustained bullish signals on higher timeframes could drive further crypto market rallies.

According to Trader Tardigrade, the Dogecoin/Bitcoin trading pair has formed a bullish chart pattern similar to the one that preceded Dogecoin’s 30,000% surge in the previous cycle (source: @TATrader_Alan on Twitter, May 12, 2025). The analysis suggests three likely scenarios: an initial surge in Bitcoin could cause a sharp drop in the DOGE/BTC ratio, followed by a period of Bitcoin price consolidation, and then a significant multi-week rally in DOGE price. Traders should closely monitor the DOGE/BTC chart for confirmation, as this pattern could signal a substantial Dogecoin breakout and increase altcoin market activity. These developments may drive higher volatility and trading volumes across the crypto sector, especially among meme coins.

According to Michaël van de Poppe (@CryptoMichNL), the current rally in altcoin and crypto markets is expected to continue, countering widespread skepticism about a potential reversal. Traders are advised to monitor momentum and breakout signals, as van de Poppe emphasizes that this cycle is different from previous fake rallies, suggesting sustained upward movement in altcoin and broader crypto assets (source: Twitter, April 26, 2025).