A total of 22,000 Bitcoin option contracts expired on March 21 with a notional value of $1.83B.<\/p>\n
The put\/call ratio was 0.84, which means there were more call buyers than put option buyers, suggesting a short-term bullish sentiment.<\/p>\n
The maximum pain was around $85K, while $BTC is currently trading around $84,300.<\/p>\n
Max pain, for those unaware, is the level where option sellers experience the least losses. This also suggests a small upward move.<\/p>\n
However, the larger picture for Bitcoin is more or less sideways. The short-term Implied Volatility (IV) has fallen below 50%.<\/p>\n
This implies that market participants aren\u2019t expecting large price moves on either side, and the price may stabilize around the $85K mark for a while.<\/p>\n
However, as we\u2019ll highlight below, there are several reasons to be bullish on $BTC, which also makes this the perfect time to invest in the best crypto presales<\/a>.<\/p>\n Analysts have predicted that the FED might announce fresh rate cuts in April in the direction of Trump after economic upheaval caused by the tariff war.<\/p>\n This could prove to be a great catalyst in pushing $BTC prices above $85K.<\/p>\n What\u2019s more, the influx of funds in Bitcoin ETFs has also picked up, recording a cumulative net inflow of $166M in the last five sessions.<\/p>\n Amid this, BlackRock\u2019s IBIT recorded a net inflow of $172M in just a single day.<\/p>\n Increasing ETF investments suggest that investors are accumulating BTC after a significant correction from its all-time high of $110K.<\/p>\n Even better, a deep dive into the technical analysis of Bitcoin\u2019s chart reveals a handful of positive signs.<\/p>\n For starters, $BTC is bouncing off the 50 EMA<\/a> (Exponential Moving Average) on the weekly chart. To put it simply, Bitcoin is trading in a discounted zone. Although the OG crypto presents a fantastic risk-to-reward opportunity here, the following presales could easily match (and even eclipse) $BTC\u2019s gains.<\/p>\n Combined with increased institutional buying and a promising technical chart, several signs are pointing toward an upcoming Bitcoin rally.<\/p>\n If you wish to make the most of the next $BTC run, consider investing in BTC Bull Token ($BTCBULL)<\/a><\/strong> \u2013 one of the best altcoins<\/a> on the market right now.<\/p>\n It stands out by being the ONLY crypto to offer free (and real) $BTC to token holders who buy and hold $BTCBULL in Best Wallet<\/a>.<\/p>\n The aforementioned Bitcoin giveaways will take place as and when $BTC surges past a new milestone figure (such as $150K, $200K, and $250K) for the very first time.<\/p>\n\n Additionally, the project\u2019s roadmap also includes periodic burn events. Essentially, at every $25K mark ($125K, $150K, $175K, and so on), the developers will shave off a part of the total $BTCBULL supply.<\/p>\n As you might have already guessed, this will contract supply and ultimately boost BTC Bull Token\u2019s price.<\/p>\n The best part is that $BTCBULL<\/a><\/strong> is currently in presale ($3.9M+ raised), meaning prices are at their lowest. You can buy each token for just $0.002425.<\/p>\n Need help with the purchase process? Check out our detailed guide on how to\u00a0buy\u00a0$BTCBULL<\/a>.<\/p>\n Solana\u2019s approximately 50% fall from its all-time high (ATH) in mid-January is concerning, especially when it has been dubbed the \u201cEthereum killer.\u201d<\/p>\n In addition to a temporary drop in enthusiasm regarding meme coins, Solana\u2019s inability to accommodate the growing number of investors on the network post $TRUMP and Pump.fun\u2019s launch has been its biggest worry.<\/p>\n Solaxy ($SOLX)<\/a><\/strong>, however, could be Solana\u2019s knight in shining armor. After all, it plans to build the first-ever Layer 2 scaling protocol on Solana.<\/p>\n Solaxy\u2019s plan to process Solana\u2019s transactions on a sidechain would significantly reduce the burden on Solana\u2019s primary network.<\/p>\n\n Additionally, Solaxy<\/a><\/strong> would process transactions in batches \u2013 rather than one by one. This would further reduce the overall costs required to operate on Solana.<\/p>\n All in all, Solaxy will solve Solana\u2019s long-standing problems of scalability, congestion, and failed transactions.<\/p>\n Thanks to its revolutionary mission, Solaxy has attracted both retail investors and crypto whales. It is, in fact, one of the hottest cryptos<\/a> going around, with over $27.5M in its purse at the time of writing.<\/p>\nA Bitcoin Rally Is Just Around the Corner<\/h2>\n
Technical Analysis of Bitcoin Comes Bearing Fruits<\/h2>\n
\nBoth the 50 & 200 EMAs are sloping upwards, which is another strong bullish signal.
\nIn addition to the 50 EMA, the current bounce is also occurring from the 50% Fibonacci level<\/a>. This simply means $BTC has had a healthy amount of correction and is now continuing its longer-term\u00a0bullish\u00a0trend.<\/p>\n1. BTC Bull Token ($BTCBULL) \u2013 Best Crypto Presale to Buy Right Now<\/h2>\n
2. Solaxy ($SOLX) \u2013 Solana Meme Coin with Real-World Use Case<\/h2>\n