Bitcoin’s Big Bollinger Squeeze! Crypto Charts Ready to Explode?

A Few Unreasonably Important Tidbits:

Bitcoin is being smothered with selling hats near $110,500, but those bullish fellows are camping out, ready to wrestle price monsters the second things get shaky. 🏕️
XRP is stretching and groaning to climb above its latest ceiling like a determined tortoise climbing a slightly too-tall fence. 🐢

Picture Bitcoin (BTC), a rather plump goose being chased by persistent bears every time it waddles near $110,500. Yet behind it, a band of bullish bodyguards stands firm, umbrellas and all, determined not to let their golden egg fall through the moving-average cracks. Do these folks look worried? Not at all—they’re gripping their positions like grannies on a rollercoaster, refusing to hit “sell” before the big drop!

Meanwhile, the Bollinger Bands have become so squished, you’d think they were packed by an overcautious auntie for a picnic. Something exciting is about to burst out, like a sandwich with too much stuffing. Bollinger himself tweeted that a breakout might be on the way—get your popcorn ready! 🍿

If you wondered whether investors were losing hope, think again! They’re pouring millions into Bitcoin ETPs much the same way children pour chocolate syrup over ice cream. Inflows hit $790 million last week—which, granted, was a little less than the previous three weeks (those weeks were obviously hopped up on sugar). According to James Butterfill, chief researcher and name straight from a Roald Dahl book, this dip in enthusiasm means people are being careful as Bitcoin inches closer to its all-time high, like tiptoeing up to a suspiciously large birthday cake. 🎂

Will the bears yank Bitcoin down through the moving averages and into the murky depths? Or will buyers once again pull off a death-defying rescue act? And what about the pack of eagerly scheming altcoins? Well, let’s take a peek at the cast!

S&P 500 Index price prediction

The S&P 500 Index (SPX) is having a jolly good time, stretching higher and higher last week because the bulls, ever the optimists, keep buying every time the squirrels try to steal their snacks at “higher levels.”

Normally, after leaping over a big fence, the price likes to run back and check if it got over properly. A bounce from 6,147 would show the bulls have stuck sticky notes on that level reading “support, please.” If this holds, look for a rocket toward 6,500. Sellers, meanwhile, are crossing fingers, toes, and possibly shoelaces, hoping to yank the price below the 20-day EMA (6,099) so it tumbles all the way to 5,904. Very dramatic, very fun—all we need now is a marching band. 🥁

US Dollar Index price prediction

The US Dollar Index (DXY) bounced off 96.37 on Tuesday, like a ball discovering it’s too early for bedtime—there’s still some play left.

If it claws its way up to 97.92, expect the bears to leap out from behind the curtains, ready to swing frying pans and defend their territory. Should DXY flop back down, it could tumble towards 95 with all the grace of a dropped watermelon. 🍉 Contrariwise, a breakout above 97.92 would put the bulls in party hats, parading straight to 99.03 before considering storming 100.54 and 102.

Bitcoin price prediction

Bitcoin is wobbling between the 20-day EMA ($107,211) and overhead resistance ($110,530) like a cat unsure whether it’s allowed on the furniture.

Something’s about to break (or maybe explode!)—nobody can say which direction with certainty, unless you’ve got a crystal ball (in which case, please share). Drop below those averages and it’s “hello $104,500 and $100,000.” Blast above $110,530, and suddenly we could be tap-dancing toward $111,980, hunting for that magical neckline. Plot twist: If the neckline gives, we’re off to $150,000! 🎉

Ether price prediction

Ether (ETH) is stuck in a box between $2,738 and $2,323, as if unsure whether to be a Jack-in-the-Box or a sensible accountant. Every breakout attempt gets swatted right back inside.

Bulls are prying at $2,635 hoping to escape. If they break out, a $2,738 party is in order, though sellers may lurk around $2,879 wielding water balloons. If prices get squirrely, ETH/USD could bounce off the 20-day EMA and try again. But if it slips below, expect sideways napping until someone rings the bell below $2,111.

XRP price prediction

XRP (XRP) has been lounging above the 20-day EMA ($2.20) for days, no bears in sight. Seems even they need a holiday.

The 20-day EMA is perking up, and the RSI is skipping into positive territory. With resistance at $2.34 presenting only a modest obstacle, XRP might scurry up to $2.48, then $2.65, and with some luck, $3. If the price snoozes and slips below the EMA, expect some more sideways shuffle between $2.34 and $2—like children refusing to go to bed.

BNB price prediction

BNB (BNB) bounced off $652 like a puddle-hopping frog, signaling traders aren’t ready to pack up their raincoats just yet. 🐸

With the 20-day EMA sloping upward and RSI just above neutral, the bulls have a slight edge—like wearing mismatched socks, but nobody’s noticed. A break above $665 could send BNB skipping to $675, then $698, where sellers will attempt to slam the door. Get through that, and it’s a speedy ride to $732! Trip over those moving averages, though, and the comedy may end with a fall to $636.

Solana price prediction

The bulls managed to heave Solana (SOL) over the 20-day EMA ($149), but getting past the 50-day SMA ($154) is proving as difficult as sneaking past Aunt Agatha with muddy shoes. 👟

The market is in perfect balance—a seesaw without any children. If SOL bursts past $159, it could sprint to $185, hurdling minor resistance at $168. Drop below $145 or $137, though, and the bears take charge, possibly tumbling all the way to $126.

Dogecoin price prediction

Dogecoin (DOGE) has broken above the 20-day EMA ($0.16), tail wagging as the bulls return for another lap.

Sustain the bounce, and DOGE could leap to the 50-day SMA ($0.18), then $0.21, perhaps chasing after the $0.26 mailman if the resistance at $0.21 is vanquished. Otherwise, if gravity wins out and DOGE slips below $0.16, off it slides to $0.14, nose-dive style.

Cardano price prediction

Cardano (ADA) has been clinging stubbornly to the 20-day EMA ($0.58), as if threatened by a gusty wind.

The flattening EMA and modest RSI hint at selling exhaustion—a nap may be imminent. If buyers rally, ADA might scamper up to $0.64 and try to punch through the downtrend line. Only a clear break above signals a trend awakening (shhhh). Sellers, on the other hand, are trying to tie ADA’s shoelaces together at $0.50. If successfully tripped, ADA could tumble to $0.40.

Hyperliquid price prediction

Hyperliquid (HYPE) refuses to sink below the 20-day EMA ($38.41), like a well-inflated balloon at a birthday bash.

The only trouble is, price can’t seem to clamber past resistance at $41.23—yet. If we finally get a break, brace yourself for a wild dash through the $42.50-$45.80 resistance jungle. 🍃 Miss the mark and slip below the 50-day SMA ($36.60), and the balloon could deflate all the way to $33.25 or even $30.69.

2025-07-07 21:06