Introduction

ORDI has made a positive move past a significant resistance level, while Bitcoin Cash (BCH) witnessed an uptrend reaching highs above $600 this week.

In the market, attention is drawn to the BRC-20 venture Bitcoin Dogs (0DOG) as investors eagerly await the project’s progress updates.

Bitcoin Dogs: Enthusiasm For a Bull Run

Bitcoin Dogs concluded its presale in mid-March, marking a milestone as the first ICO based on Bitcoin.

Despite 0DOG's absence from trading platforms, anticipation is high for the token's forthcoming debut.

The positive sentiment surrounding Bitcoin Dogs is linked to Bitcoin's current performance. With BTC on an upward trend heading into April's halving, prospects for related coins are optimistic.

In the thriving Ordinal NFTs market and the resurgence of games and DeFi on the top blockchain network, a promising outlook is taking shape.

The strong growth of spot Bitcoin ETFs and increasing crypto adoption play significant roles in this scenario.

However, for 0DOG, its potential extends beyond Bitcoin's price surge. Perhaps positioning itself as a major player in the emerging era of gaming, NFTs, and other ventures utilizing Bitcoin.

Bitcoin Dogs' recent updates on CEX listings and NFT minting have garnered attention. Further developments on the horizon could establish 0DOG's position within the cryptocurrency landscape.

ORDI Price: Bullish Targets at $100

ORDI stands out as the leading BRC-20 and Inscriptions token based on market cap, currently standing around $1.5 billion as per CoinGecko data.

While this amount is relatively small compared to the broader market, growth is anticipated in the ordinals market. Consequently, the market displays a favorable outlook for ORDI's price.

Following a bounce from $57 in late March, ORDI has broken through the crucial resistance level at $70. A successful retest of this level could pave the way for a surge to higher price points.

Having climbed over 16% in the past week, ORDI showcases a bullish setup backed by positive momentum that might propel its journey towards the $100 milestone.

Presently, ORDI is trading around $71.35, marking a 12% increase over the last 24 hours.

Bitcoin Cash (BCH): Eyes on $1,000

Starting at lows of $220 in January of this year, Bitcoin Cash had maintained a range between $200 and $300 since June 2023.

However, a breakthrough above a key resistance level on March 1, 2024, drove BCH price up to $500 by March 3. Subsequently, after retesting $400 in mid-March, the uptrend was reignited following Bitcoin Cash's halving on March 22, leading to highs approaching $640.

Recent growth is also linked to the news of Coinbase introducing Bitcoin Cash futures trading on April 1. BCH is currently valued at $601.

In Conclusion

With an optimistic overall market outlook, Bitcoin may see a new all-time high in the near future.

The post-halving surge for BTC could potentially push BCH above $1,000. Meanwhile, ORDI presents an intriguing opportunity as it heads towards the $100 mark.

As for 0DOG's trading debut after the presale price hit $0.0404, the token's potential value surge upon listing remains to be seen. The upcoming period holds significant importance for 0DOG.