Bitcoin rose 50% in 45 days from April into May, before reaching a new all-time-high just shy of $112K.
Since then, it’s fallen 6%, sitting now right at $105K.
Was the ATH a rare surge, and have Bitcoin’s fundamentals returned to something more pessimistic? Or is this a temporary pullback with strong support underneath?
Evidence points more to the latter, especially with news that Bitcoin miners in Nigeria are addressing one of the longest-standing objections to crypto. And that could set Bitcoin, and the Bitcoin meme coin BTC Bull token, up for big moves in the weeks to come.
Bitcoin Goes Green in Nigeria, Answers Longstanding Criticism
Nigerian startup Green Flare aims to take environmentally-damaging natural gas flares (burn-offs) and turn them into Bitcoin. Specifically, they’ll use the energy generated by burning off the natural gas to power large-scale Bitcoin mining operations.
Once the three-stage project is completed, it will generate 53MW of energy for Bitcoin mining rigs. Burning off gas from oil production is a leading producer of greenhouse gases, including methane. And Nigeria ranks in the top 10 for gas flaring emissions, accounting for 75% of global flaring, according to World Bank’s 2023 data.
At the same time, producing Bitcoin required so much energy that, in 2023, total global Bitcoin mining operations would have ranked 27th in the world in energy consumption. According to the same UN report, 66% of the energy used to mine Bitcoin came from fossil fuels.
In light of this data, Green Flare’s plan makes perfect sense. Offsetting Bitcoin’s emissions footprint by capturing and using energy that would otherwise have been wasted? A great plan, if we’ve ever seen one
Two of the three sites should be live by Q4 of 2025. The investment shows the increasing maturity of the crypto and Bitcoin economies.
Despite Pullback, Bitcoin Remains ‘Structurally Strong’
According to the experts at Bitfinex,
Bitcoin is undergoing its first meaningful correction since the April lows, cooling off after a relentless 50 percent surge that took the asset from $74,501 to a new All-Time High of $111,880. The current pullback reflects a change in tempo, following nearly 50 days of uninterrupted upside marked by minimal retracements.
The pullback is more than a technical correction; the ‘TACO’ phenomenon – for ‘Trump Always Chickens Out – continues to keep tariffs and the trade economy in a state of uncertainty and volatility.
That impacts Bitcoin directly and indirectly. More disposable income encourages retail traders, while higher Treasury rates often cause risk-adverse investors to shift towards T-bills and away from Bitcoin.
But despite the external and internal factors leading to the correction, Bitfinex reports:
We believe Bitcoin remains structurally strong. This correction appears to be a healthy reset rather than a breakdown
—Bitfinex, Bitfinex Alpha
Trump’s TACO moves might be a sign of instability, or galaxy-brained chess moves; either way, Bitcoin looks strong beneath the surface, and poised for future growth. When it does head back up, will it take BTC Bull Token with it?
BTC Bull Token ($BTCBULL) – First-Ever Bitcoin Meme Coin with $BTC Airdrop
BTC Bull Token ($BTCBULL) comes loaded with features designed to keep Bitcoin and its bullish buddy moving in tandem up the crypto charts:
- Regular token burns to incentivise $BTCBULL price increase (at $125K, $175K, and $225K)
- Token airdrops – including $BTC airdrops – to rewards project participants
- 14-day ‘cooling-off’ period during the presale when investors can return tokens (think of it as a ‘money-back guarantee’)
It’s all designed to encourage participation in one of the most innovative crypto presales currently available.
Buy $BTCBULL, hold it on the Best Wallet app, and you’ll be eligible to earn free $BTC when Bitcoin’s price reaches $150K and $200K. The team also says there might be a tiered airdrop event with optional participation in social media tasks once the presale ends.
BTC Bull Token provides four ways to earn:
- Presale $BTCBULL staking (61%)
- $BTCBULL price increase post-launch
- $BTC airdrop for token holders in the Best Wallet app
- $BTCBULL airdrop when Bitcoin hits $250K
Investors keen to capitalize on $BTCBULL’s meme coin momentum can track the token’s price upward as Bitcoin climbs, while others looking for a way to double-down on $BTC’s gains can use the BTC Bull Token presale as a way to diversify exposure.
$BTCBULL currently costs just $0.002545, but our price prediction shows the potential for the token to increase 230% to reach $0.0084 by year’s end.
Run with the Bitcoin Bulls, and visit the BTC Bull token presale page to get started with one of the best meme coins of 2025.
Will BTC Bull Token Explode in 2025?
With Bitcoin still fundamentally sound, there’s every chance for a breakout as the year progresses. And when it occurs, investors could realize just how valuable the $BTC airdrops are – with a corresponding spike in $BTCBULL’s price.
The stage is set for an explosion for the best new cryptos. As always, be sure to do your own research. This isn’t financial advice.
