Cheap Cryptos With Potential and Bullish Charts
The post Cheap Cryptos With Potential and Bullish Charts appeared on BitcoinEthereumNews.com.
Crypto prices are seeing a sharp sell-off on Wednesday, largely due to profit-taking from whales and early buyers. The Bitcoin price is trading below $103k at press time after trading as high as $106k earlier this week. Unsurprisingly, altcoins are faring much worse, with Pi down by more than 30% on the day. However, crypto holders and sidelined investors need to be cautious — the second-quarter bull market is still in its early stages, as indicated by the soaring Global M2 money supply. Sidelined investors should be looking to buy the dip, especially those with extremely bullish charts. As per the experts, meme coins — both the blue chips and new presale tokens — are among the best cryptos to buy. Why Investors Should Buy The Dip? Leading analysts are urging investors to ‘zoom out’—a reminder to look beyond short-term price swings and stay focused on the broader market trajectory. For instance, the Global M2 money supply, which has a strong correlation with Bitcoin, now indicates that the BTC price is headed to $150k in the coming weeks. The macroeconomic outlook has improved considerably as well. The US and China have agreed to pause their reciprocal tariffs for a 90-day negotiation period, which experts are viewing as a major de-escalation in the ongoing trade war. The US has also signed a trade deal with the United Kingdom, and the Trump administration is hinting that more deals are on the horizon. The latest CPI data has also indicated that the inflation in the US economy is dwindling, which paves the way for the Federal Reserve to cut interest rates in the upcoming FOMC events. With the US stock market showing significant bullish strength, crypto prices are poised for an upside continuation. Best Cryptos To Buy With Bullish Charts Sidelined investors should…
Filed under: News - @ May 15, 2025 5:26 pm