Bitcoin, Ethereum Flat, Dogecoin Falls Amid Trump-Putin Call: Analyst Says New BTC High At $111,000 Possible If This Happens

The cryptocurrency market has been on a rollercoaster ride, with Bitcoin, Ethereum, and Dogecoin experiencing significant volatility following the recent Trump-Putin call. The call, which focused on various geopolitical issues, has had a ripple effect on the crypto market, causing a mix of reactions from investors. Let's dive into the details and see what the future holds for these digital assets.



Bitcoin: A New High at $111,000?

Bitcoin, the king of cryptocurrencies, has been on an upward trajectory since the U.S. 2024 election. The recent Trump-Putin call has added another layer of complexity to its price movements. Analysts are now predicting that Bitcoin could reach a new high of $111,000 if certain conditions are met.

1. Pro-crypto U.S. Administration and Favorable Regulatory Environment: The U.S. administration's pro-cryptocurrency stance and favorable regulatory environment could significantly boost Bitcoin's price. For instance, the reelection of Donald Trump in November 2024, who has a pro-cryptocurrency stance, led to a positive outlook for Bitcoin. This was evident when Bitcoin reached a new all-time high (ATH) of $109,140 on January 20, 2025, just hours before Trump’s inauguration due to investor optimism over anticipated pro-cryptocurrency policies.

2. Institutional Adoption and Corporate Investments: Continued institutional adoption and corporate investments in Bitcoin could drive the price higher. For example, hedge funds like Millennium Management, Capula Management, and Tudor Investment increased their exposure to U.S. spot Bitcoin ETFs, contributing to Bitcoin's price surge. Additionally, the approval of Bitcoin ETFs on January 10, 2024, led to massive inflows into Bitcoin, pushing the price higher.

3. Bitcoin Halving: The Bitcoin halving event, which occurs approximately every four years, reduces the block reward for miners, effectively decreasing the supply of new Bitcoins. This scarcity can drive up the price. The 2024 Bitcoin halving is expected to keep taking effect, contributing to a bullish sentiment and potentially pushing the price to new highs.

4. Technical Indicators: Current technical indicators suggest a bullish outlook. For example, the Moving Averages dominate bullishly, with all averages above key support levels. The Hull Moving Average at 100,746 also aligns with this bullish trajectory. The MACD at 15,460 confirms bullish momentum, while the 50-Day SMA at 92,647 and the 200-Day SMA at 83,805 indicate strong upward trends.

5. Market Sentiment and Fear & Greed Index: The current Fear & Greed Index is at 34 (Fear), which could indicate a buying opportunity as investors may be cautious but not overly pessimistic. The sentiment is bearish, but this could change with positive news or events, leading to a price surge.

6. Historical Price Performance: Bitcoin's historical price performance shows that it has the potential to reach new highs. For instance, Bitcoin reached a new ATH of $109,079.00 on December 4, 2024, marking a +48.20% increase in the last 12 months. This historical performance suggests that Bitcoin could continue to rise, potentially reaching $111,000.

7. Potential ROI and Investment Opportunities: The potential return on investment (ROI) for Bitcoin is significant. For example, if you invest $1,000.00 in Bitcoin today and hold until August 21, 2025, the prediction suggests you could see a potential profit of $1,188.45, reflecting a 118.85% ROI over the next 154 days. This high potential ROI could attract more investors, driving the price higher.

Ethereum: Flat but Steady

Ethereum, the second-largest cryptocurrency by market capitalization, has been relatively flat following the Trump-Putin call. Ethereum's price is heavily influenced by its use in decentralized finance (DeFi) applications and its faster transaction speeds compared to Bitcoin. The recent call has not had a significant impact on Ethereum's price, but investors are keeping a close eye on any potential regulatory changes that could affect DeFi applications.



Dogecoin: A Fall from Grace

Dogecoin, the meme coin that gained popularity due to social media hype and celebrity endorsements, has seen a significant fall following the Trump-Putin call. Dogecoin's price is highly sensitive to market sentiment and news events, and the recent call has caused a drop in price and increased volatility.

1. Market Sentiment and Social Media Hype: Dogecoin's price is heavily influenced by market sentiment and social media hype. The recent call has caused a drop in price, but this could change with positive news or events, leading to a price surge.

2. Technical Indicators: Dogecoin's technical indicators suggest a bearish outlook. For example, the 14-Day RSI is at 38.70, indicating that Dogecoin is oversold. The 50-Day SMA at 0.240591 and the 200-Day SMA at 0.249479 indicate a downward trend.

3. Historical Price Performance: Dogecoin's historical price performance shows that it is highly volatile. For instance, Dogecoin has seen over 255% growth in the past year, but it has also experienced significant downturns. The recent fall following the Trump-Putin call is a reminder of Dogecoin's volatility and the risks associated with investing in meme coins.

Conclusion

The recent Trump-Putin call has had a mixed impact on the cryptocurrency market, with Bitcoin showing potential for a new high, Ethereum remaining relatively stable, and Dogecoin experiencing a significant fall. Investors should be aware of the potential for volatility and corrections in the crypto market, and they should conduct thorough research before making any investment decisions. The future of cryptocurrencies is uncertain, but with the right strategies and a long-term perspective, investors can navigate the market and achieve their financial goals.