MetaMask will introduce batched transactions, allowing users to combine multiple actions and reduce steps and costs.
BTCUSD remains bearish on H1, with bullish correction and confluence level influencing its next direction.
MetaMask plans to expand its network support and update its
transaction features this year. The self-custodial crypto wallet will integrate
the Bitcoin network in the third quarter and Solana in May. Solana will be the
first non-Ethereum Virtual Machine (EVM) chain on MetaMask.
Meanwhile, BTCUSD has been bearish on the H1 chart. Over the
last five hours, the price has been heading north. A confluence level could
play a key role in determining its next direction on the intraday charts.
Introducing Batched Transactions and Gas-Free Swaps
New Wallet Features Enable Multi-Chain View, Recovery
Management
A new home screen will allow users to view assets across
multiple chains in one place. The wallet will also introduce the ability to
manage multiple Secret Recovery Phrases from a single interface.
MetaMask recently launched MetaMask Card in partnership with
Mastercard. The card links self-custodial wallets with merchants worldwide.
Some users on X suggested that MetaMask has lost market
share to competitors like Phantom and Rabby, which support Solana. Many of the
top-performing tokens from the 2024 memecoin trend were traded on Solana.
BTCUSD, H1 Chart, Source: TradingView
BTCUSD Confluence Resistance Level in Focus
The BTCUSD H1 chart indicates a prolonged downtrend. A
bearish trend line is visible, and the 83350 level could act as a resistance
point. This suggests the price may encounter a confluence resistance level.
A bearish pattern at this confluence level could trigger
further downward momentum. Conversely, a bullish breakout at this level may
shift the intraday outlook.
In a bullish “hyperbitcoinization” scenario, the
price could reach $350,000. A black swan scenario suggests a peak of $500,000.
These projections are based on expectations of increased institutional adoption
and broader blockchain integration in global finance. However, DeepSeek AI
highlights the uncertainty and volatility surrounding these forecasts.
MetaMask plans to expand its network support and update its
transaction features this year. The self-custodial crypto wallet will integrate
the Bitcoin network in the third quarter and Solana in May. Solana will be the
first non-Ethereum Virtual Machine (EVM) chain on MetaMask.
Meanwhile, BTCUSD has been bearish on the H1 chart. Over the
last five hours, the price has been heading north. A confluence level could
play a key role in determining its next direction on the intraday charts.
Introducing Batched Transactions and Gas-Free Swaps
New Wallet Features Enable Multi-Chain View, Recovery
Management
A new home screen will allow users to view assets across
multiple chains in one place. The wallet will also introduce the ability to
manage multiple Secret Recovery Phrases from a single interface.
MetaMask recently launched MetaMask Card in partnership with
Mastercard. The card links self-custodial wallets with merchants worldwide.
Some users on X suggested that MetaMask has lost market
share to competitors like Phantom and Rabby, which support Solana. Many of the
top-performing tokens from the 2024 memecoin trend were traded on Solana.
BTCUSD, H1 Chart, Source: TradingView
BTCUSD Confluence Resistance Level in Focus
The BTCUSD H1 chart indicates a prolonged downtrend. A
bearish trend line is visible, and the 83350 level could act as a resistance
point. This suggests the price may encounter a confluence resistance level.
A bearish pattern at this confluence level could trigger
further downward momentum. Conversely, a bullish breakout at this level may
shift the intraday outlook.
In a bullish “hyperbitcoinization” scenario, the
price could reach $350,000. A black swan scenario suggests a peak of $500,000.
These projections are based on expectations of increased institutional adoption
and broader blockchain integration in global finance. However, DeepSeek AI
highlights the uncertainty and volatility surrounding these forecasts.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Bitcoin Price Stuck Below 200 EMA at $82,000 in a 2% Volatility Cage. How High Can BTC Go?
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