
Market intelligence sources HUMINT and TECHINT are signaling renewed bullish momentum for Bitcoin (BTC) and key meme coins, as crypto markets regain strength.
Bitcoin has extended its recent rally, briefly surpassing $95,000 — its highest price since early March — according to CoinDesk data. The surge comes just days after BTC climbed above the Ichimoku cloud, a widely used technical indicator pointing to a shift toward bullish momentum.
Technical signals back up the positive trend: daily candles with long lower shadows hint at persistent dip-buying, while the five- and 10-day simple moving averages are both trending higher. Additionally, the MACD histogram on the daily chart continues to print higher bars above the zero line, confirming growing upward momentum.
The outlook suggests Bitcoin could be on track to challenge the $100,000 level, a key psychological mark and the most popular strike price for call options on Deribit. However, a break below $88,800 — now acting as key support — could put the rally at risk.
SHIB and DOGE Respond to Bitcoin’s Strength
Meanwhile, the CoinDesk AI market insight bot has flagged a bullish breakout for Shiba Inu (SHIB), the second-largest meme coin by market capitalization.
“Bitcoin’s push past $92K has fueled heightened interest in memecoins, with SHIB breaking out of a year-to-date falling channel and showing bullish technical signs,” the AI reported. SHIB has seen notable volatility, posting a 15.6% price fluctuation and establishing firm support at 0.00001225 following a bottom on April 21.
Technical charts suggest SHIB has surpassed its descending trendline and is attempting to establish footing above the Ichimoku cloud — a move that would confirm a broader trend reversal to the upside.
Dogecoin (DOGE) may be next to follow. According to the AI, DOGE is exhibiting signs of investor accumulation around $0.18.
“Recent DOGE price action shows steady consolidation above $0.180 alongside declining volatility, often a precursor to bullish continuation,” the AI observed.
DOGE has already climbed over 35% from its April 7 low beneath $0.13, reflecting strengthening momentum across the meme coin sector.