Intelligence sources HUMINT and TECHINT are weighing in on Bitcoin’s (BTC) trajectory — and the outlook for major meme coins — as the market shows fresh signs of momentum.
Bitcoin’s latest rally has fueled speculation that the cryptocurrency could soon breach the $100,000 mark, while memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) are also showing bullish patterns.
BTC briefly crossed $95,000 before press time, according to CoinDesk data — its highest level since March 2. This surge follows Bitcoin’s breakout above the Ichimoku cloud three days ago, a key indicator of a shift toward bullish market momentum.
Several technical signals support the optimistic outlook: daily candlesticks with long lower wicks hint at “buy-the-dip” behavior, the five- and 10-day simple moving averages (SMA) are sloping upward, and the daily MACD histogram is printing higher bars above the zero line, indicating strengthening upward momentum.
In short, the trend currently favors further gains, with a potential push toward $100,000 — also the most popular call option strike on Deribit. However, a drop below $88,800, now acting as support, could undermine the bullish setup.
AI Insights on SHIB and DOGE
Against this strong Bitcoin backdrop, the CoinDesk AI market insight bot has flagged a breakout for SHIB, the second-largest meme coin by market cap, reflecting growing risk appetite across crypto markets.
“Bitcoin’s move above $92K has sparked heightened memecoin trading, with SHIB breaking out of its year-to-date falling channel and flashing bullish technical signals,” the AI noted. SHIB showed significant price volatility, swinging 15.6% recently, and has established strong support around 0.00001225 after a bottom formed on April 21.
Technical charts reveal SHIB breaking above its multi-month downtrend line and attempting to anchor itself above the Ichimoku cloud — mirroring Bitcoin’s bullish structure — suggesting a confirmed trend reversal.
Meanwhile, Dogecoin is also gathering momentum. According to the AI, DOGE is seeing signs of investor accumulation near the 18-cent level.
“Recent price action shows DOGE consolidating above 0.180 with declining volatility, signaling accumulation ahead of a possible bullish breakout,” the AI reported.
DOGE has rallied more than 35% since touching lows below 13 cents earlier this month on April 7.
