Bitcoin Drops 29% From High, Traders See Upside Ahead

Bitcoin has recently experienced a significant drop from its all-time high of $109K to around $77K, causing concern among short-term holders. However, experienced traders view this correction as a potential setup for Bitcoin's next upward movement. Several technical indicators suggest that Bitcoin is currently in an accumulation phase, which often precedes price reversals. Long-term holders are accumulating again, the VDD Multiple remains low, indicating that coins held for extended periods are not moving, and the NUPL shows signs of returning confidence. Additionally, the Hash Ribbons have crossed, a signal tied to miner activity that often leads to upside moves.

This accumulation phase could open the door for other tokens, particularly those in the presale stage, to ride the momentum or even outperform. Three tokens that are gaining attention are BTC Bull Token, MIND of Pepe, and BlockDAG. BTC Bull Token is a meme coin designed for Bitcoin believers who want extra upside without using leverage. It includes a burn feature that gradually reduces supply, which can help support price over time. Holders of BTC Bull Token get rewarded through BTC airdrops when Bitcoin hits certain price targets, such as $150K or $200K, if they are holding tokens in the Best Wallet app. Over $4.2 million has been raised so far, with the token priced at $0.002435.

MIND of Pepe is an AI-powered project that scans forums and social media in real time, looking for early signals and sentiment shifts across the crypto space. Holders of the $MIND token get access to these insights before trends go mainstream, giving them a potential edge in finding the next hot coin. The concept of combining meme appeal with AI analysis has resonated with investors, with over $7.7 million raised in the presale and the current price at $0.0036234.

BlockDAG is quickly becoming one of the most watched projects of 2025. It has raised $210 million during its presale and is building a Directed Acyclic Graph (DAG) model that allows transactions to go through simultaneously, solving issues like delays and network congestion. BlockDAG works with both EVM and WASM, giving developers flexibility to build in different coding languages. Its Token & NFT Wizard makes it easy to create digital assets without programming. The Beta Testnet is already live, and there are over 100 active nodes. Ten exchange listings are also expected soon. The key numbers for BlockDAG include 19+ billion coins sold, a current price of $0.0248, up from $0.001, and a target post-listing price of $1, suggesting a 3,932% ROI.

While Bitcoin may be taking a breather, this kind of reset often sets the stage for major moves. Smart money is already circling presales, with BTC Bull bringing Bitcoin-linked rewards to the meme coin scene, MIND of Pepe adding AI to the retail trader’s toolkit, and BlockDAG offering a fresh take on blockchain structure backed by solid development and funding. Out of the three, BlockDAG looks especially promising due to its performance, developer support, and early growth, making it a strong candidate for those looking to get in before the market takes off again.