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Reading: Winklevoss Twins Fuel $1M BTC Talk, Claim “Orange Is the New Gold”
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EdaFace Newsfeed > Latest News > Crypto News > Winklevoss Twins Fuel $1M BTC Talk, Claim “Orange Is the New Gold”
Crypto News

Winklevoss Twins Fuel $1M BTC Talk, Claim “Orange Is the New Gold”

vitalclick
Last updated: May 28, 2025 7:40 am
4 days ago
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Contents
Winklevoss Twins Predict $1M BitcoinMarket Reaction: Uptick in Sentiment and ActivityTechnical Analysis: Bullish Momentum BuildsHistorical Parallels and Institutional SignalsFinal Thoughts: Bullish But Cautious

The Bitcoin Conference 2025 sparked a new wave of market optimism, led by high-profile appearances from crypto pioneers Tyler and Cameron Winklevoss. Sharing the stage with prominent journalists, the Winklevoss twins drew attention for their bold forecast of Bitcoin’s future value.

Winklevoss Twins Predict $1M Bitcoin

During the event, the twins predicted that Bitcoin could eventually reach $1 million, referring to it as “orange is the new gold” — a statement positioning BTC as a superior digital store of value compared to traditional assets like gold. As early adopters and co-founders of the Gemini exchange, their views carry significant influence in the cryptocurrency space.

Market Reaction: Uptick in Sentiment and Activity

Following their remarks, the market responded with increased activity. Bitcoin rose 1.2%, while trading volume surged by 15%, according to CoinPedia Markets. Although BTC saw a minor decline of 0.3% in the past 24 hours, the broader trend remains positive.

On-chain analytics platform Glassnode reported a 7% increase in wallets holding over one Bitcoin, indicating continued interest from mid-sized holders and small whales.

Technical Analysis: Bullish Momentum Builds

Bitcoin has grown over 15.47% since the beginning of the month, currently trading at $108,706. Key technical indicators support bullish momentum:

  • 50-day SMA: $98,229
  • 100-day SMA: $91,447
  • 200-day SMA: $94,464
  • RSI: 64.48, signaling strong but not overbought demand
Bitcoin Price Chart

These metrics reflect increasing investor confidence, as all three SMAs remain below the current price, reinforcing an upward trajectory.

Historical Parallels and Institutional Signals

This isn’t the first time comments from the Winklevoss twins have influenced market behavior. A similar bullish statement in mid-2023 coincided with a 3% BTC price increase over 48 hours. Now, traders are watching closely for institutional signals, including ETF developments and broader macro trends.

Final Thoughts: Bullish But Cautious

While optimism surrounding Bitcoin’s potential remains high—especially following endorsements from influential figures—investors are reminded that volatility persists. The long-term outlook may be positive, but short-term fluctuations and regulatory developments still warrant cautious analysis.

The Bitcoin Conference 2025 marks a pivotal moment for the digital asset, aligning strong narratives with technical strength and renewed institutional interest.

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