Where does Bitcoin Pepe go while the resilience of BTC analysts impressed?

Von Sophie Müller

  • The Bitcoin price fell by about 2% and acted at $ 83,523.22
  • "Bitcoin behaves like an asset that wants to rise higher," stated Matt Hougan, Chief Investment Officer from Bitwise.
  • A reversible rally at Bitcoin could rewind the risk of risk throughout the cryptom market and speculative capital into emerging projects such as Bitcoin Pepe

The difficulties of Bitcoin continued on Wednesday.

The Bitcoin price fell by about 2% and acted at $ 83,523.22

The mood on the stock and cryptoma markets deteriorated late Tuesday after the Nvidia shares had fallen in the after-board trade.

The sale was triggered by a load of $ 5.5 billion that the company had suffered in response to the decision of the Trump administration to block the sale of his H20 AI chips to China.

This development shook the general risk of risk.

Bitcoin, which had reached a two-week high of $ 86,440 at the beginning of the day, fell to $ 83,600 when the sales pressure returned together with the weakness of the stock market.

However, some analysts believe that Bitcoin prices have shown great resistance and can jump higher if the macroeconomic environment stabilizes.

A reversible rally at Bitcoin could re -ing the risk of risk throughout the cryptom market and speculative capital in aspiring projects such as Bitcoin Pepe

If the market participants are looking for ways to get involved in Bitcoin-related projects, initiatives that use Bitcoin's infrastructure and offer unique stories or applications are well positioned to capture capital inflows and speculative swing.

The resistance of Bitcoin awakens hopes

In an investor note dated April 15, Matt Hougan, Chief Investment Officer at Bitwise, presented an analysis of Bitcoins Recent Trading behavior that contradicts its historical patterns.

"Bitcoin behaves like an asset that wants to rise higher if only the macroeconomic obstacles would get out of the way," noted Hougan.

his note pointed out the remarkably flat price movement of Bitcoin last month, whereby the cryptocurrency acted on April 14 at $ 84,379 - a negligible movement of only 0.07% compared to its level of $ 84,317 a month earlier.

This was done against the background of considerable geopolitical changes, such as the comprehensive new tariffs of President Donald Trump, which aimed at global trading partners.

what should be emphasized, Hougan noted, is the resilience of Bitcoin in view of the wider market returns.

Since the highest level on February 19, the S&P 500 has fallen by 12.0%, while Bitcoin has fallen by comparable 12.4% in the same period.

This correlation - and the relative moderation of the losses of Bitcoin - characterize a sharp break with past episodes of market printing.

Hougan contextualized this change by reminding earlier declines: in 2022 the S&P 500 fell by 24.5%, while Bitcoin collapsed 58.3%; At the beginning of the Covid 19 crash in early 2020, the shares fell by 33.8% and Bitcoin fell by 38.1%; And at the end of 2018, in view of increasing trade conflicts between the USA and China, shares lost 19.36%, while Bitcoin fell by 37.22%.

Historically, Bitcoin has consistently strengthened market losses in the stock market. Its more stable performance in this phase signals a remarkable development in the behavior of the assets under macroeconomic pressure.

How a Bitcoin rally Bitcoin Pepe can help

A Bitcoin rally helps Bitcoin Pepe because Bitcoin acts as a primary risk rod for the entire cryptoma market.

When Bitcoin is increasing significantly higher, this typically raises the market mood and pulls capital back into the ecosystem that is on the side.

This environment tends to increase old coins, especially meme coins, because investors are looking for opportunities that can better cut off during swings.

Bitcoin Pepe is uniquely positioned in this scenario.

Bitcoin Pepe , positioned as the only Bitcoin meme ico, could benefit from this dynamic, as it is associated with the leading cryptocurrency.

When the first Meme-focused Layer 2 solution that is based on Bitcoin, it combines the robust security of Bitcoin with Solana-like scalability.

Essentially, Bitcoin rally increase liquidity and risk to risk, and Bitcoin Pepe sits at the interface between Meme culture and Bitcoin infrastructure, which makes it a natural beneficiary.

Advance sales attract the attention of the market

The advance sale of Bitcoin Pepe quickly wins and progresses through his early rounds, while the investor's demand is increasing.

The project aims to create a niche by introducing the PEP-20-token standard that should enable the direct provision of meme coins on the Bitcoin network.

Since the start of his advance booking, the native token from Bitcoin Pepe, BPEP, has collected over $ 6.7 million.

The offer is structured in 30 phases, whereby the token price increases by about 5% in each phase.

BPEP has already risen from its original price from $ 0.021 to $ 0.031 in phase 9, which corresponds to a profit of more than 40% for early supporters.

The investor interest has increased, with each subsequent finance being closed faster than the last.

When the advance sale progresses as planned, BPEP is structured in such a way that it reaches $ 0.0864 in its last phase - a massive increase from the current level.

with growing market traction and supportive wider market development, Bitcoin Pepe as an important competitor Meme coin ecosystem.

The post Where does Bitcoin Pepe go, while the resistance of BTC analysts impresses? first appeared on coin journal.