High-level negotiations between the US and Iran failed to reach a meaningful resolution earlier on Sunday.
According to market analyst Darkfost, Bitcoin’s price-based supply distribution is revealing critical zones that could define the asset’s near-term trajectory. This latest piece of important on-chain data is offering a clearer picture of where the market may be headed next, following the positive price action observed in early April. Related Reading: Bitcoin 23 Bar Theory: What Happens To The BTC Price If The Bottom Is In? 61% Of BTC Supply In Profit Despite Bear Season In an X post on April 11, Darkfost shares an insight into Bitcoin’s price structure based on its supply distribution pattern. At current prices, the renowned expert reports that approximately 61% of Bitcoin’s circulating supply was acquired below the spot price, leaving 39% purchased at higher levels. This positioning suggests that a majority of market participants remain in profit, a condition often associated with a more constructive market structure. Interestingly, further data analysis reveals a notable concentration of investor activity in the $65,000- $70,000 range. While this zone reflects both buying and selling activity rather than pure accumulation, it still represents a key area where a significant volume of coins last changed hands. Because this range sits below the current price, it is interpreted as a potential support floor and a good accumulation zone for smart money investors. On the upside, a similar cluster of activity has emerged between $90,000 and $95,000, which Darkfost expects could act as a formidable resistance level. This is because market participants who acquired Bitcoin at this price range are likely to exit their positions once prices return to their cost basis, thereby creating a barrier to further upward movement. However, Darkfost warns that not all activity clusters carry the same weight. The analyst considers the $85,000 region non-sequential from a technical standpoint, despite showing elevated transaction volume. This is largely due to the influence of exchange-related transfers, most notably a substantial transfer of nearly 800,000 BTC from Coinbase, which distorts the data and fails to reflect genuine investor sentiment or conviction. Related Reading: XRP Could Rally Near $20 After Breakout Signal Originating In 2017, Analyst Says Bitcoin Price Pocket Lies Above $75,000 Another key insight from the supply map is the presence of a relatively low-activity zone, often referred to as an “air pocket,” above $75,000. In this range, Bitcoin has historically seen limited trading activity, implying fewer barriers to price movement. As a result, if Bitcoin enters this zone with sufficient momentum, it could either move through it rapidly or undergo a brief consolidation phase before continuing higher. At press time, the premier cryptocurrency trades at $71,535, up 6.45% over the last seven days. Featured image from Shutterstock, chart from Tradingview
The current price range of Bitcoin may not relay much, but a change in ownership structure is taking place under the surface. Related Reading: Forget XRP Forecasts: The ‘Delusional’ Crowd Could Have The Last Laugh On-chain data from CryptoQuant shows that one cohort of market participants is stepping back from exchange activity at a pace not seen in nearly a year, while another is quietly rebuilding at a scale that demands attention. Whale Inflows On Binance Fall To Multi-Month Lows The 30-day sum of whale inflows to Binance has fallen massively in recent days, falling to $2.96 billion as of the latest CryptoQuant data, the first reading below $3 billion since June 2025. The drop in exchange inflow is a departure from the elevated inflow levels that characterized the entire period between February and early March, when the same metric was consistently tracking above $6 billion and briefly touched $8 billion. That detail matters because exchange inflows from whales are an intent to sell or reposition. When these flows begin to dry up, it shows that large players are no longer rushing to offload their supply. BTC- Binance Whale To Exchange Flow At the same time, long-term holders are rebuilding exposure at scale. This exposure can be seen through the 30-day realized cap change for this group. This metric captures the value of coins being absorbed into long-term storage, and its reading reached as high as $49 billion on April 9. That contrast is clearly visible in the behavior of short-term holders, whose realized cap change has dropped to -$54 billion. This is the third time since early March that short-term holders have registered losses exceeding $50 billion on a 30-day basis. This data shows that reactive participants are exiting positions under pressure, while longer-term investors are buying more into that weakness and tightening supply. BTC: STH LTH Net Position Realized Cap The Setup For A Squeeze Is Building Speaking of tightening supply, data from the derivatives market is showing a signal as to how there might be an incoming short squeeze. The impression across derivatives and spot metrics is a market where bearish sentiment has become heavily concentrated in leveraged positions, while physical supply is migrating off crypto exchanges. Funding rates across all major exchanges came in at -0.0118% on April 10 and -0.0101% on April 11, two consecutive sessions of strongly negative readings. Negative funding has become the dominant regime since late March, and throughout April the metric has remained in negative territory without a single positive flip. Bitcoin Funding Rates The negative funding means short positions are paying longs to maintain their bearish exposure, and short positions are becoming overcrowded. At the same time, open interest climbed from around $21.87 billion on April 6 to $24.37 billion by April 10. Rising open interest alongside persistently negative funding is a characteristic signature of leveraged short accumulation. Meanwhile, spot supply continues to tighten up. Many coins are being moved off crypto exchanges, and exchange netflows recorded about 7,900 BTC in outflows over April 9 and 10 combined. Related Reading: XRP Eyes $17 After Massive Breakout—Is A 1,100% Surge Next? Off-exchange, the 30-day change in OTC desk balances has turned negative, which is a sign that institutions or large buyers are absorbing supply outside of visible market infrastructure. Bitcoin Total OTC Desk Balance Featured image from Unsplash, chart from TradingView
Bitcoin traded as high as $73,000 following a 9% price rally in the past week. However, the broader market suggests the leading cryptocurrency is still stuck in a bear phase that’s been dragging on for more than six months. Interestingly, historical data suggest that recent price movement could trigger a significant bullish rebound, providing investors with a mid-term to long-term relief period. Related Reading: Bitcoin On The Brink: One Move Could Trigger A Massive Shift Bitcoin Nears Key Support Level As Bulls Eye Historical Recovery Run In an X post on April 11, renowned analyst Ali Martinez shares a positive observation of the Bitcoin price chart, highlighting a cyclical price rally. Notably, this price surge is triggered by a retest of a particular long-standing ascending trendline during an extended correction period, as is being observed. Martinez names this ascending trendline the “Parabolic Guard,” describing it as probably the most consistent technical level in Bitcoin history. Over the last 10 years, a price retest of this support line has consistently preceded a massive rebound. In 2017, Bitcoin’s contact with this trendline produced a staggering 961% gain in the following months. A similar event was observed in 2018; however, it resulted in a lower yield of 261%. In 2020, Bitcoin’s retest of the Parabolic Guard triggered 1,126% price increase, before the 2022 bear market commenced. The bullish condition was met again later in 2022, resulting in a 660% gain observed over the last four years. According to Martinez, the historic ascending trend line currently runs between $56,000 and $60,000, about 20% below the current market price. Interestingly, the present cycle low lies around $60,000, which Bitcoin formed amid an intense market sell-off in early February. According to Martinez’s latest post, the market would likely need a return to this market bottom to end the bear market and initiate a long-term recovery. The prominent analyst also explains that Bitcoin’s contact with the Parabolic Guard would slow smart money’s accumulation in anticipation of the next price surge. Related Reading: Bitcoin Reclaims $73,000 Mark But Traders Remain Unconvinced – Details Bitcoin Market Overview At the time of writing, Bitcoin was valued at $71,508, following a 1.81% loss in the last day. Meanwhile, daily trading volume has dropped by 27.35% and is valued at $26.35 billion. According to CoinCodex data, the overall market sentiment is heavily bearish, while the Fear & Greed Index remains in extreme fear territory. Nevertheless, CoinCodex analysts expect Bitcoin’s market bounce, driven by the easing geopolitical tensions, to persist for the time being, with price predictions of a $79,729 in the next five days. Featured image from Freepik, chart from Tradingview
Crypto markets slipped on Friday after Vice President JD Vance confirmed that direct US-Iran negotiations in Pakistan ended without an agreement, reviving fears of continued conflict and uncertainty in global markets. Bitcoin dropped below $72,000, trading around $71,503 at time of writing, down 1.82% in 24 hours. Ethereum fell to $2,211, while XRP slipped to …
The Bitcoin price has been one to watch over the past week, jumping by nearly 10% in less than seven days. According to the latest on-chain data, the bears might be in for an even longer ride as funding rates fall to critically low levels. BTC Bears At Risk Of A Short Squeeze In a new Quicktake post on the CryptoQuant platform, crypto analyst Gaah revealed that the Bitcoin funding rates have been in a steep decline over the past few days, as the price builds the foundation for sustained recovery. The relevant indicator here is the Funding Rates metric, which tracks the periodic fee exchanged between traders in a derivatives market for a particular cryptocurrency (BTC, in this case). Related Reading: Bitcoin 23 Bar Theory: What Happens To The BTC Price If The Bottom Is In? A positive funding rate typically implies that the long traders (investors with buy positions) are paying a fee to short traders (investors with sell positions) in the derivatives market. On the other hand, when the funding rate is negative (as seen in the current scenario), it means that the periodic fee is rather being paid by the short traders to the long traders. According to data from CryptoQuant, the Bitcoin Funding Rates metric fell to around -0.011, its lowest level since early February, when the price of BTC slumped toward the $60,000 level. “The market is very ‘easy’ and obvious to trade on [the] sell side,” Gaah wrote in the Quicktake post. From an on-chain perspective, a negative funding rate signals that the majority of the market — are bears — betting against the price of Bitcoin. However, extremely negative funding rates have historically proven to be a “contrarian signal,” meaning that the asset price tends to move in the opposite direction of the crowd (the bears, in this scenario). As prices begin to rise unexpectedly, several traders may be forced to close their overleveraged short positions, causing a further boost in the asset’s value in a phenomenon known as the “short squeeze.” As crypto analyst Gaah pointed out in their Quicktake post, the chances of a short squeeze are increasing by the day. “Caution is needed when establishing positions in [the] current range, since it represents an area of buying demand,” the market pundit concluded. Bitcoin Price Overview After a fairly positive performance over the past week, the price action of Bitcoin has somewhat slowed down this weekend — as has been mostly seen on most weekends over the past year. As of this writing, the premier cryptocurrency is valued at $73,425, reflecting no significant movement in the past 24 hours. Related Reading: XRP Could Rally Near $20 After Breakout Signal Originating In 2017, Analyst Says Featured image created by DALL.E, chart from TradingView
Dogecoin is flashing renewed signs of weakness as its BTC pair breaks down sharply, dragging the price structure into bearish territory. With momentum fading and key support levels giving way, attention now shifts to confirmation on the USDT pair. BTC Pair Breakdown Sparks Dogecoin Bearish Bias Umair Crypto’s latest analysis highlights a significant breakdown as the DOGE/BTC pair hit a 68-day low, breaching critical support. While the overall bias is firmly bearish, the USDT pair is still required to trigger a broader sell-off. Related Reading: Here’s Why The Dogecoin Price Is Under Threat Of Crashing Again The BTC pair continues to show weakness; a slip below 1.57% would mark a fresh 180-day low. Although the USDT pattern remains technically intact for now, the underlying fragility is evident. Market participants are waiting for a confirmed break of the current range to initiate short positions, with primary targets set in the $0.07 region. On-chain data recently showed a whale moving 327 million Dogecoin off Robinhood, sparking a brief 1% relief bounce to $0.092. Despite this localized strength, momentum indicators are faltering across the board. Without a significant catalyst, such as a renewed Elon Musk or government-related initiative, the technical breakdown of the BTC pair is expected to lead the way. The cooling of previous hype cycles suggests that the path of least resistance is down. Once the USDT support officially breaks, the path will likely clear for a move toward the 7-cent range. Elliott Wave Theory Maps The Bigger Picture In a recent Dogecoin macro update, CG Trades pointed to the explosive 2024 rally, where Dogecoin surged nearly 500% from its lows, delivering a 6x move overall and about a 5x gain from the identified weekly breakout entry. That move marked one of the strongest performances in the altcoin space during the cycle. Related Reading: Dogecoin Stalls Inside The Kumo — Volatility Surge On The Horizon? However, since December 2024, momentum has flipped sharply. Dogecoin has been under pressure, declining alongside the broader altcoin market, in line with earlier warnings of a cooling phase following the euphoric run-up. Examining the broader picture through Elliott Wave Theory, the structure suggests a long-term cycle is unfolding. Wave 1 is seen completing around the January 2018 altcoin peak, followed by Wave 2 in March 2020 after a retest of the long-term trendline. Wave 3 peaked in May 2021, with the market currently either having completed Wave 4 in June 2022 or still finalizing it near the key $0.061349 support zone. From this perspective, the anticipated Wave 5 could drive a major expansion, with a projected target around $1.41, representing a potential 15x move from current levels, or up to 23x if price revisits the $0.061349 region before rallying. However, a monthly close below that level would invalidate the macro bullish outlook and signal a deeper structural shift. Featured image from Pngtree, chart from Tradingview.com
Bitcoin is sitting at a critical turning point after weeks of tight consolidation and repeated tests of key resistance levels. Price action is compressing near a major decision zone, where both bullish breakout potential and downside risk remain in play. With momentum building on both sides, the next decisive move could determine whether BTC breaks into a new expansion phase or slips back into a deeper correction. BTC Enters Key Range High Zone ($73,000–$75,000) According to Cryptorphic, Bitcoin is currently challenging the upper boundary of its established range, pushing into the critical $73,000 and $75,000 zone. This movement follows several weeks of directionless sideways consolidation, marking a significant moment of volatility. Related Reading: Bitcoin Spikes Above $72,000 On Easing War Tensions, But CPI Threatens Reversal This price range is technically significant because it marks a flip zone where former support levels have become formidable resistance. Price action suggests some hesitation as Bitcoin enters this territory, showing that sellers are active and defending the top of the range. If the price faces a firm rejection at this resistance, Cryptorphic warns of a potential rotation back toward the mid-to-low range, specifically targeting the $65,000 to $63,000 support area. Such a pullback would maintain the ongoing range-bound environment. Conversely, a successful breakout and sustained hold above the $75,000 mark would signal a fundamental shift in market structure, paving the way for a new leg of the bull cycle. For now, the strategy remains simple: closely monitor the reaction at resistance to determine the next major trend. Bitcoin Still Stuck In The Same Range Structure Crypto Patel noted that Bitcoin remains locked within the same broader trading range, with price action still struggling to break above a key structural barrier. At the moment, Bitcoin is trading below Bearish Order Block 1, which sits between $76,000 and $79,000, a zone that has repeatedly acted as strong resistance and continues to cap upward momentum. Related Reading: Bitcoin Just Deviated From The Bearish Trend That Began In January And $86,000 Could Be Next Each approach toward this zone has shown signs of hesitation, indicating that sellers are still actively defending it and preventing a clean breakout. If buyers manage to push Bitcoin above this range, the next major upside target is the Bearish Order Block 2, located between $86,000 and $90,000. A move like this would suggest strengthening bullish momentum and could mark the beginning of a broader structural shift in market direction. However, if BTC fails to break and hold above $76,000–$79,000, the risk remains tilted to the downside. In that scenario, the market could lose key support and open up the possibility of a deeper correction, potentially extending below $50,000. For now, all eyes remain on Order Block 1, as this zone is expected to decide Bitcoin’s next major move. Featured image from Pixabay, chart from Tradingview.com
Bitcoin’s weekly chart is showing an uncomfortable comparison to one of the most brutal sell-offs in its history, and at least one analyst believes the worst may still be ahead. This technical outlook is looking at the current price action as a mirror of the 2022 macro fractal sequence that sent Bitcoin from $69,000 to a cycle low near $15,500, implying that the current cycle could see a similar drop. Related Reading: Bitcoin ETF Hype Hits Ceiling, Sharp Drop Risk Emerges: Analyst A 2022 Repeat? The Fractal That Raises Concerns Crypto analyst philarekt posted a warning on X this week, identifying what he described as “the most dangerous macro fractal” currently playing out in Bitcoin’s price structure. The technical case rests on a side-by-side comparison of two weekly Bitcoin charts: the 2021 to 2023 cycle on the left and the current cycle on the right. In the 2021 chart, Bitcoin reached a peak price above $69,000 and proceeded to form a 3-tap structure, which are three distinct lower highs arranged within a descending channel, each bounce rejected before a final capitulation leg lower. The price ultimately fell 34% from the final tap to the absolute cycle bottom in a move that caught many market participants off-guard. The current chart, with a cycle peak at $126,000 in October 2025, shows the same architecture forming in almost identical proportion. Both the 2022 and 2026 panels show Bitcoin respecting a slanted resistance line at the top while gradually falling within a downward channel. Each bounce fails to break out, and eventually the price has created successive lower lows. Bitcoin Price Chart. Source: @philarekt On X What Happens If The Fractal Completes? The weekly RSI, which tracks momentum, is following the same pattern observed in 2022. Lastly, there’s a moving average death cross on the Bitcoin price chart, where the short-term average has crossed below a long-term average. This death cross appeared in early March when the 50 Simple Moving Average (SMA) crossed below the 200 Simple Moving Average (SMA). An equivalent 50/200 SMA death cross appeared in 2022 after Bitcoin was already down 58% from its high, and the cryptocurrency then declined a further 46% before finding a bottom. If the sequence continues to play out as outlined, Bitcoin could be heading to a final capitulation move into the range between $40,000 and $50,000. At the time of writing, Bitcoin is trading at $72,756, up by 1.7% in the past 24 hours. The projected decline is taken directly from the 2022 template: a 34% decline from the current price zone would place the Bitcoin price within that range. Related Reading: Cardano In Danger Zone? Trader Drops ‘Time Bomb’ Claim However, the outlook is not entirely bearish after that scenario. The same fractal that points to a breakdown also points to what comes next. The capitulation in 2022 led the transition into accumulation that built the foundation for the next bull cycle. Featured image from Pexels, chart from TradingView
The Office of the Comptroller of the Currency handed Coinbase a national bank trust charter last week — a major regulatory win that came as the crypto exchange’s CEO was ramping up pressure on Congress to finalize long-stalled digital asset legislation. Related Reading: XRP Eyes $17 After Massive Breakout—Is A 1,100% Surge Next? Armstrong Reverses Course On Clarity Act Brian Armstrong, who pulled Coinbase’s backing from the Digital Asset Market Clarity Act back in January, is now calling on lawmakers to pass it. In a post on X, Armstrong said the bill, as it stands after months of negotiation, is strong enough to move forward. “It’s time to pass the Clarity Act,” he wrote. His change of heart follows an op-ed by US Treasury Secretary Scott Bessent in the Wall Street Journal, in which Bessent urged Congress to act without further delay. Armstrong said Coinbase agreed with the Treasury chief’s position. We agree. Thank you @SecScottBessent for saying it. It’s time to pass the Clarity Act. Grateful for all the bipartisan work among Senators and staff over the past several months to make this a strong bill. https://t.co/jHoZ1bfLVZ pic.twitter.com/YBKebDkq8B — Brian Armstrong (@brian_armstrong) April 10, 2026 Three months ago, the story looked very different. Armstrong had objected to the bill’s language, and his withdrawal of support was enough to push Senate Banking Committee members to delay a scheduled markup vote. Issues around stablecoin yield, tokenized equities, and ethics provisions were among the sticking points holding things up. Negotiations Inch Toward A Deal Progress has been slow but appears to be moving. Coinbase’s chief legal officer, Paul Grewal, said last week that lawmakers were very close to reaching an agreement. The Senate Agriculture Committee already approved the bill in January, clearing one of two key hurdles. The Senate Banking Committee has yet to schedule its own markup, which must happen before the full chamber can vote. Both panels are responsible for different parts of the bill — one covering securities rules, the other commodities regulations. Getting the bill through will require alignment from both sides of a complicated regulatory divide. Crypto executives and banking industry representatives have all had a hand in shaping the current draft through direct talks with administration officials. Crypto’s Reach In Washington Continues To Grow Coinbase is not the only company that has benefited from a friendlier political climate. Paxos, Ripple Labs, BitGo, Circle, and Fidelity Digital Assets all received similar charter approvals in December. Related Reading: Bitcoin ETF Hype Hits Ceiling, Sharp Drop Risk Emerges: Analyst Reports indicate Armstrong met personally with US President Donald Trump before Trump publicly called for quick action on crypto market structure rules. Ripple executives have also been part of White House discussions on the bill. Whether the Senate Banking Committee moves quickly remains to be seen. But with the Treasury Secretary, the White House, and now Coinbase’s CEO aligned behind the legislation, the pressure on Congress to act is real. Featured image from Thana Prasongsin/Getty Images, chart from TradingView
The Bitcoin price went into the weekend firing on all cylinders after the release of weaker-than-expected inflation data in the United States. Interestingly, an analyst has come forward with data and a fresh angle on the influence of the US on BTC and the general cryptocurrency market. US Institutional Players: Major Catalysts Behind BTC’s Latest Rally Crypto analyst Burak Kesmeci revealed in a post on the social media platform X that the Coinbase Premium Index has been a major indicator steering the Bitcoin price over the past two years. The Coinbase Premium Index is an on-chain metric that measures the difference between the BTC price on the US-based Coinbase exchange (USD pair) and the global Binance exchange (USDT pair). Related Reading: Why A Bitcoin Price Breakdown To $50,000 Could Be Important For Long-Term Bullishness Typically, when the metric’s value increases or moves into the positive territory, it implies rising demand from US investors, who are willing to pay more than other global investors to purchase the flagship cryptocurrency. On the other hand, the Coinbase Premium Index falling below the zero mark means that US investors are buying less than investors in other parts of the world. Ultimately, the Bitcoin Coinbase Premium Index offers insight into the sentiment of US investors (mainly institutional players) and how it differs from that on global exchanges like Binance. According to Kesmeci, this indicator has a direct relationship with the Bitcoin price, suggesting that US investor demand plays a huge role in the BTC market dynamic. The analyst wrote on X: Looking at the chart, this relationship is quite clear: during periods when the index stayed positive, Bitcoin rose from 41K to 126K, while in periods when it turned negative, it declined from 126K down to the 60K range. Kesmeci noted that this trend can be seen in the the recent price action, as the “easing of the negative pressure” in the Coinbase Premium Index has sparked the positive rally seen by the Bitcoin price. After the index turned positive over the past few days, the price of BTC followed with a run up to above $73,000. The analyst published further data to show that the Coinbase Bitcoin Premiun Index are quite green on an hourly basis. “We can confirm with data that the locomotive carrying Bitcoin from 66K to 73K is the positive sentiment of US investors (especially whales),” Kesmeci concluded in the follow-up post. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $73,330, reflecting an over 1% jump in the past 24 hours. Related Reading: Is XRP Safer Than Bitcoin? This Analyst Explains The Real Quantum Risk For Holders Featured image from iStock, chart from TradingView
In the past week, the Bitcoin market rose by almost 10%, representing a significant rally amid recent bearish struggles. Notably, the leading cryptocurrency has now reclaimed the $73,000 price zone for the first time since mid-March, translating to a mild bullish undertone for most investors. However, traders in the derivatives market remain largely unconvinced of a bullish recovery, given the rise in short positions during this period. Related Reading: Bitcoin Battles Key Levels: Will $70,000 Hold Or Trigger A Fresh Decline? Bitcoin Open Interest Jumps $350M, But Volume Lags According to market analyst Amr Taha, Bitcoin’s price gain was accompanied by a similar rise in leverage across major exchanges, indicating a boost in futures traders’ activity. However, a different on-chain data suggests that new market calls are dominated by bearish positioning rather than bullish ones. For context, data from the [BTC]: Open Interest Change By Exchange 7D Chart shows that Binance registered a $350 million increase in open interest on April 9, marking its highest level recorded since March 20. Meanwhile, Bybit followed with $299 million in new contracts, while OKX also recorded $200 million in new contracts. Amid these impressive figures, more data from the BTC: Binance Cumulative Net Taker Volume/OI [USD] 24H chart shows that net take volume on the world’s largest exchange failed to rise to the same levels. For context, the net taker volume measures the difference between aggressive buying and aggressive selling in the futures market. Therefore, a positive net taker volume suggests more aggressive buying, and there is greater bullish pressure in the market. However, Amr Taha’s observations indicate that aggressive buying activity accounted for only a small portion of the open interest boost observed on April 9. This suggests that most traders are placing negative bets on the premier cryptocurrency or opting for passive limit bids rather than aggressive market participation. Either way, there is an apparent lack of bullish conviction in the futures market despite Bitcoin’s recent rally. As a result, the sustainability of the upward move increasingly depends on genuine spot demand rather than leveraged derivatives positioning. Related Reading: Bitcoin Spikes Above $72,000 On Easing War Tensions, But CPI Threatens Reversal Bitcoin Price Overview At the time of writing, Bitcoin is valued at $72,837, up 0.34% over the last 24 hours. In tandem, the daily trading volume had experienced a similar slight rise of 3.85%. Despite the encouraging rally over the past week, the maiden cryptocurrency remains deep in a bear market, with its market price 42.08% below the cycle high of $126,200 recorded in October, 2025. Featured image from Pixabay, chart from Tradingview
Bitcoin might trade around the clock, but its liquidity doesn't anymore. The asset that was supposed to become more resilient after absorbing billions in institutional capital through ETFs has instead developed a split personality, one that looks deep and orderly during New York trading hours and considerably more fragile once Wall Street's desks go dark. […]
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Bitcoin price has been rising in the past few days, despite the higher CPI rates, marking a local high at $73,400. With this, the price has surged above a crucial resistance zone, which may validate a rise above the bearish influence. However, the historical data show that the current trade setup does not confirm a …
The Bitcoin price surged past $73,000 in the past week, indicating an improved investor risk appetite despite the overwhelming sentiment. This recent rally has been attributed to several factors, but most notably the announcement of a temporary ceasefire in the US-Iran conflict. With the rise in the spot market, other pricing models are emerging with key implications for future market movements. Related Reading: Bitcoin Surges To $72,000, But Remains Stuck In Key Supply Zone Bitcoin Maintains Key Support At $54K – Details Prominent analytics firm Glassnode shared an update on the important on-chain price models following the latest market rally. Notably, these models track the average acquisition costs of different cohorts, providing a framework for identifying support, resistance, and overall market health. As Bitcoin’s spot price rose to $71,800, the Short-Term Holder (STH) Cost Basis was valued at $81,300, representing the average purchase price of recent market entrants over the last 155 days. Historically, this level has served as a key sentiment gauge, as short-term holders are the most reactive investor cohort. With prices below this level, short-term investors are largely underwater and are likely to increase sell pressure on potential rebounds, thus forming a key market resistance level. Similarly, the Active Investors Mean, positioned at $85,000, remains significantly above the current spot price. This metric reflects the average cost basis of economically active market participants and often serves as a proxy for broader market confidence. With Bitcoin still significantly away from this level, the majority of active capital is holding at a loss, resulting in heavy market caution. Another critical price metric highlighted by Glassnode is the True Market Mean at $78,000, which represents a more refined estimate of the market’s fair value by adjusting for lost coins and inactive supply. Trading below this level indicates that Bitcoin remains in a discount zone relative to its adjusted economic baseline. However, the Realized Price, currently at $54,200, continues to provide strong structural support on the macro scale. This level reflects the average on-chain acquisition price of all circulating Bitcoin and typically represents the market capitulation threshold. With spot price holding well above this threshold, the long-term bullish structure remains intact despite the recent prolonged correction. Related Reading: Capital Is Rotating From Bitcoin To Ethereum – On-Chain Data Shows It Is Not Over Bitcoin Price Overview At press time, Bitcoin is valued at $72,700, up 10% over the last week. According to Glassnode’s analysis, the next critical resistance level lies around $78,000, breaking past which could signal a solid bullish recovery. Featured image from Pixabay, chart from Tradingview
Ethereum’s growing base of active users may be one reason investors are putting more money into it — and less into Bitcoin. Related Reading: Cardano In Danger Zone? Trader Drops ‘Time Bomb’ Claim Exchange Outflows Point To A Shift In Holding Behavior Data from on-chain research firm XWIN Research shows Ethereum recorded a sustained drop in exchange-held supply throughout March 2026, a sign that more holders are moving their tokens off trading platforms and into long-term storage. Reduced exchange supply typically signals less intention to sell. At the same time, active addresses on the Ethereum network trended higher, pointing to broader usage across its ecosystem. Stablecoins, decentralized finance, and real-world asset tokenization all saw activity gains during the period. ETHUSD trading at $2,236 on the 24-hour chart: TradingView Bitcoin did not show the same kind of network momentum. While it posted a 1.80% price gain in March, its market cap slipped 0.41%. Ethereum, by contrast, climbed 7% and expanded its market cap by almost 3%. That gap drew attention from analysts tracking capital movement across the two largest cryptocurrencies. Why Ethereum Outperformed Bitcoin “ETH currently benefits from simultaneous capital inflow, supply tightening, and ecosystem growth. This positions Ethereum as a structurally stronger asset in the current phase.” – By @xwinfinance pic.twitter.com/khcggqJZk6 — CryptoQuant.com (@cryptoquant_com) April 10, 2026 Ethereum Runs Hotter Than Bitcoin On Volatility Measures The two assets moved largely in the same direction — their price correlation sat at around 0.94 — but how far they moved told a different story. Ethereum’s realized volatility came in at 62% for the month. Bitcoin’s was 49%. According to XWIN Research, that spread positions Ethereum as a higher-beta asset, one that reacts more sharply when liquidity conditions shift. Traders chasing bigger short-term gains appear to have taken notice. The Coinbase Premium Gap, a metric that tracks the price difference between Coinbase and other exchanges, remained negative for Ethereum. Reports indicate, however, that it showed early signs of narrowing — a potential signal that US-based demand is beginning to return. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Store-Of-Value Narrative Loses Ground To Utility Play Bitcoin has long been positioned as digital gold — a place to park value rather than a network to build on. That story may be losing some of its pull, at least for now. Based on XWIN Research’s analysis, attention appears to be rotating toward assets that respond more directly to shifts in liquidity and market sentiment. Ethereum, with its broader infrastructure role, is currently drawing that attention. The analysis stopped short of predicting how long the trend would last. What it did say is that Ethereum’s on-chain data and ecosystem activity place it in a stronger short-term position than Bitcoin. Whether that holds as broader market conditions change remains to be seen. Featured image from Meta, chart from TradingView
Bitcoin traders are rebuilding bets on a move toward $80,000 as easing geopolitical tensions, firmer institutional demand, and a rebound above $70,000 revive appetite for upside exposure after weeks of defensive positioning. On Coinbase-owned Deribit, the largest venue for crypto options, the $80,000 call has become the single biggest strike by open interest this week, […]
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Over the years, there have been different metrics, technicals, and ways in which investors have tried to predict the Bitcoin price bottom with each bear market. Some of these have reportedly done so with some accuracy, while others have seen a deviation. Recently, a pseudonymous crypto analyst who goes by @cryptocupra on the X (formerly Twitter) platform has shared their own bottom prediction, using a 23-Bar Theory. How Bitcoin Bottoms Go In The Past In the post shared on the social media platform, the crypto analyst explained that there have been 23 bars that have predicted the bottom of each Bitcoin bear cycle. Apparently, these 23 bars have been accurate over the last three cycles, and thus, could end up predicting another bottom this time around. Related Reading: Ethereum Ascending Channel Puts Price At $5,700, Analyst Reveals When To Sell The analyst explains this theory using the Bitcoin 1-month chart, showing how many monthly bars it takes until the bottom is in. Going deep into the past, the crypto analyst points out the first iteration of this 23-bar theory taking place back in the 2014 bear market. This 23-month period, approximately 2 years, is shown in the analysis to be an expansion phase, often acting as a launchpad for the price into the next bull market. Counting out the monthly closes, it shows that there was a total of 23 monthly bar closes before the bottom was in. Following this, the Bitcoin price rebounded, and this move inevitably led to the beginning of the next bull market cycle. Then again, the crypto analyst says this repeats itself in the 2018 bull market. Like in 2014, there were a total of 21-23 monthly bars, and once these were complete, the crypto analyst says the bottom was in, and then the next rally began. The most recent of these iterations was back in the 2022 bear market, where the analyst once again points out this theory. They explain that the Bitcoin price saw the same 23 bars before the bottom was in and the 2024-2025 rally began in the months that followed. Related Reading: Recent Developments Show Why The Shiba Inu Price Keeps Crashing Now, in 2026, the analyst believes that this trend is set to repeat itself again. If this is the case, then it means that the bottom is in and that Bitcoin has now entered into an expansion phase within the 23 bars. If this follows, then it could mark the bottom and begin the start of another bull market. According to the crypto analyst, history doesn’t lie, and thus, the BTC price is set to go parabolic again. Featured image from Dall.E, chart from TradingView.com
The U.S. government just moved over 2 BTC to a Coinbase Prime wallet, but the transfer itself isn’t the real story. It’s what it reveals about how seized crypto is now being handled. The funds, flagged by Arkham Intelligence, are linked to Glenn Olivio, who was indicted in 2025 in an alleged steroid distribution and …
Bhutan has sold about 70% of its Bitcoin holdings over the past 18 months, with Arkham data showing its stash shrinking from roughly 13,000 BTC in October 2024 to 3,954 BTC, now worth around $280.6 million. About $215.7 million of that reduction happened this year alone, indicating active liquidation. Additionally, it’s been over a year …
On-chain data shows Bitcoin has been trading inside a major cost-basis cluster recently, and the latest rally hasn’t taken it past the range either. Bitcoin URPD Shows Significant Supply Has Cost Basis Near Current Levels In a new post on X, analyst Ali Martinez has discussed the latest data for the UTXO Realized Price Distribution (URPD) of Bitcoin. This on-chain indicator tells us about the amount of BTC that was last purchased at the various price levels visited by the cryptocurrency in its history. Related Reading: Top Toncoin Whales Silently Accumulate 189,730 TON Despite Market Weakness Below is the chart shared by Martinez that shows how the URPD of Bitcoin is looking right now. As is visible in the graph, there are some levels near to the current spot price with a notable amount of supply last purchased according to the URPD. Naturally, the investors holding coins with a cost basis at one of these levels below the latest price would be in some profit right now, while those above would be underwater. However, the latest price surge has meant that the majority of investors inside this cluster are now in the green. From the chart, it’s visible that this supply zone sits between $63,100 and $73,200. Following the rally back above $72,000, BTC has climbed toward the end of this range, but hasn’t yet exited it. Generally, investors who are in loss tend to react to a retest of their cost basis by selling, as they may fear going back underwater. Profitable hands, on the other hand, may accumulate more at their cost basis to defend it. Referring to the cluster between $63,100 and $73,200, the analyst noted: This is where millions of holders “voted” on the price. As long as we trade within this range, these investors are psychologically incentivized to defend their buy-in. Beyond the range, supply is relatively thin on the URPD until $82,000. While this means that Bitcoin won’t find much support at those levels, it also implies that resistance from investors exiting at their cost basis could also be relatively low. Though, it only remains to be seen how price action will unfold in the coming days and whether the cryptocurrency will venture past the range. Related Reading: Zcash Breaks Out With 34% Surge—Is $440 The Next Target? In another X post, Martinez also talked about the URPD for Ethereum, the digital asset second largest by market cap. As is visible in the below chart, ETH has major clusters at $2,079 and $1,882. After the latest price recovery, Ethereum is floating above both of these levels. “If the price drops below these levels, millions of holders at $1,584, $1,238, and $1,089 will likely defend their original “buy-in” price, creating a new floor,” explained the analyst. BTC Price Bitcoin has seen its recovery stall since Tuesday as its price is still trading around $72,400. Featured image from Dall-E, chart from TradingView.com
Cardano’s short sellers are taking a beating. Over the past 24 hours, over $500,000 worth of short positions were liquidated as ADA hovered near $0.25 — a price point that one unnamed trader is calling a powder keg ready to blow. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Whale Activity Signals Quiet Accumulation Exchange data tells a quiet story of confidence beneath the surface. More ADA has been flowing out of exchanges than flowing in, a pattern that often shows up when large holders are pulling coins into private wallets rather than preparing to sell. Whale accumulation has picked up as well. Reports indicate the number of wallets holding 10 million or more ADA recently climbed to a four-month high, even as the price continued sliding. The liquidation data reflects the same tension. Of the $637,500 in total ADA positions wiped out in the past day, shorts accounted for nearly 80% of the damage. Long positions absorbed the rest — about $135,200 — as buyers got caught on the wrong side of brief downward swings. BREAKING: CARDANO ( $ADA ) IS A TICKING TIME BOMB SAYS EXPERT TRADER ???????????? The target is 1.20$ end of this week. In his words “there’s nowhere left for it to go this week it will either go up or go down.” pic.twitter.com/Sg8yef818a — ????Mintern (@MinswapIntern) April 9, 2026 A Chart Four Years In The Making The technical case for a breakout rests on a structure that has been building since early 2022. Based on a chart shared by Minswap DEX’s self-described chief meme officer Mintern on X, ADA has been trading inside a horizontal price channel for roughly four years, bouncing between a ceiling and a floor without breaking decisively in either direction. ADA’s all-time high of $3.10 came in 2021. After that peak, the coin dropped sharply. By the week of January 17, 2022, it had fallen from $1.60 to below $0.91, before eventually settling near the top of the channel around $1.18. That range — from roughly $0.23 on the low end to $1.18 on the high end — has contained price action ever since. A descending trendline developed inside the channel starting around August 2025, when ADA peaked near $1.02 and then began forming a series of lower highs. Today, the price sits where that trendline meets the channel’s lower boundary — a compression point that typically forces a decisive move. Related Reading: Bitcoin ETF Hype Hits Ceiling, Sharp Drop Risk Emerges: Analyst The unnamed trader’s analysis calls for a breakout to the upside with a price target near $1.20 before the week ends. That would represent a roughly 380% gain from current levels in less than two days. A Bold Call From An Unknown Voice Still, the prediction carries real weight only if its source does — and that source remains unknown. The trader behind the “ticking time bomb” call was never identified in the analysis Mintern shared, which raises obvious questions about credibility, track record, and motive. A 380% rally in under 48 hours is an extraordinary claim. Extraordinary claims demand more than an anonymous chart. Featured image from Meta, chart from TradingView
Bitcoin (BTC) is once again hovering around a critical zone near $70,000, with price action tightening as bulls and bears fight for control. A strong hold above this region may fuel further upside, but any weakness could quickly open the door to a fresh wave of downside pressure. BTC Holds Near $70,000 As Market Awaits Direction Bitcoin continues to stabilize within the $70,000 territory, maintaining a significant presence in this psychologically important zone. According to analyst Kamile Uray, the $70,467 level has emerged as a vital anchor on the 4-hour chart. As long as the price action remains consistently above this mark, the path remains to the upside in the short term. Related Reading: Analyst Says Bitcoin Has Printed A Historically Aggressive Recovery Setup, What To Expect The digital asset has recently tested a significant resistance zone at the $74,000 mark. A successful close above this level, followed by a break beyond the $76,000 peak, would serve as a powerful catalyst for further gains. Such a move would clear the remaining overhead supply and allow the current rally to extend its reach toward higher price targets. Furthermore, achieving a 4-hour close above the $79,000 threshold would mark a definitive milestone for the current trend. This price action would represent the attainment of the first major high, signaling that the broader uptrend is firmly intact. From a broader perspective, the daily chart indicates that the $65,666 level is the most critical support to watch. While staying above this floor keeps the bullish outlook alive, a rejection at resistance followed by a close below $65,666 would shift focus to lower support clusters between $63,823 and $60,000. Ultimately, a daily close below $60,000 would be a major bearish signal, potentially leading to a much deeper market correction. Pivot Shift Incoming: Market Bias Set To Flip Within Weeks In a recent technical update, crypto analyst Killa suggested that the prevailing market narrative is approaching a significant turning point. According to the data, the current sentiment surrounding the market pivot is expected to undergo a total reversal within the next 1-2 weeks. Related Reading: Bitcoin Range Analysis: Leverage Delta Flipping Signals Instability Regarding immediate price action, the analyst identifies the $73,000 mark as a critical threshold for Bitcoin’s short-term direction. If price action remains capped below this level, the most likely outcome is a continued descent toward the $68,000 support zone. An alternative scenario involves a potential sweep of external liquidity, where Bitcoin could spike toward the $76,000 highs before facing a sharp rejection back into its previous trading range. Regardless of whether the move is a direct drop or a final liquidity grab, Killa emphasizes that any upside move occurring around this date is likely to be retraced. Featured image from Pixabay, chart from Tradingview.com
Crypto analyst Abundance has provided an in-depth analysis of the Dogecoin price action, explaining why the foremost meme coin could still suffer another crash. On the other hand, he also revealed how Bitcoin’s price action could push DOGE higher from its current level. Dogecoin Price Still At Risk Of Crash To $0.06 In an X post, Abundance stated that the Dogecoin price could drop to around $0.06 to give the market another long on DOGE towards $0.16. His accompanying chart showed that $0.9176 is the key support the leading meme coin needs to hold above to avoid dropping to this new low. DOGE also risks dropping to as low as $0.03 it breaks down to $0.06. Related Reading: What’s The Value Of Dogecoin If It Matches Bitcoin And Ethereum Market Caps? The analyst also noted that the Dogecoin price has, instead of dropping, continued to move sideways, compressing price action. He added that time-cycle lows mark expansion points, not just bottoms. As such, Abundance stated DOGE could see upside from its current levels if the Bitcoin price pushes towards $77,500. He also pointed to the lower timeframes compared to the multi-timeframes, noting a possible bump-and-run pattern in Dogecoin price action and in many other altcoins, with tight invalidation for a nice risk-to-reward. As such, Abundance suggested that the best approach to the current market conditions was to keep an open mind, as DOGE could rally from current levels rather than drop further. Commenting on the higher timeframe, Abundance stated that he is still tilting towards a move lower for the Dogecoin price. He remarked that the more upside liquidity left untouched before sweeping downside liquidity, the more fuel there is for a higher-timeframe bullish expansion. The analyst added that May is the next local bottom he is watching for DOGE. A Demand Zone Between $0.09 and $0.06 Crypto analyst Ali Martinez pointed to the fractals for the Dogecoin price, noting that the zone between $0.090 and $0.060 is where he believes that smart money will start accumulating. He added that this is the “coiling” phase that historically happens before the next parabolic move for the foremost meme coin. Related Reading: Here’s Why The Dogecoin Price Could See Big Gains Soon The analyst previously alluded to DOGE’s monthly chart, highlighting the meme coin’s gains during the previous bull run. He also indicated that the Dogecoin price could bottom between $0.06 and $0.09 as it eyes a parabolic rally above $1 in the next bull run, marking a new all-time high (ATH) for the meme coin. Martinez also predicted that DOGE could reach $10 based on its historical price gains in past cycles. At the time of writing, the Dogecoin price is trading at around $0.09297, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Bitcoin surged above the $72,000 level as easing geopolitical tensions sparked a wave of optimism across global markets. The move triggered a sharp rally, clearing key liquidity levels and pushing BTC higher in a short period, with momentum largely driven by headline sentiment rather than underlying structural strength. Will CPI Confirm The Breakout Or Trigger Reversal? Bitcoin reclaimed the $72,000 level following headlines that Israel has agreed to talks with Lebanon, triggering a sharp move higher and sweeping a major liquidity cluster sitting above recent highs. Crypto trader Max Trades has stated on X that this move pushed BTC up roughly 7% over the past three days, and was largely driven by the news. Related Reading: This Key Bitcoin Metric Suggests That Current Downside Action Will Continue However, with Consumer Price Index (CPI) data around the corner, the market is heading straight into a major volatility event. Max pointed out that pumps like this into key events occurring right before high-impact macro releases rarely tend to hold. An investor known as Columbus on X has also noted that Bitcoin is currently showing signs of weakness despite recent attempts to push higher. Using Hyblocks heatmaps, the data reveal that the price action remains heavy with no real acceptance above the $72,000 supply zone. Thus, the path of least resistance remains tilted to the downside until BTC can sustain acceptance back above the $72,000 zone. On the downside, liquidity pools around $68,000 to 69,000 remain the primary target for continuation. What A Drop In Profit Supply Signals For The Market The current state of the Bitcoin market is revealing a deeper shift under the surface. A verified author for CryptoQuant Darkfost highlighted that the BTC profit supply has dropped to levels typically associated with bear market conditions. Only about 59% of the BTC total supply remains in profit, a level close to what was observed during the last bear market. Related Reading: Analyst Says Bitcoin Has Printed A Historically Aggressive Recovery Setup, What To Expect Currently, nearly 1 BTC out of every 2 is being held at a loss. Historically, the average bull sits at around 75% of supply in profit, which places the market well below its typical levels. Darkfost explained that while this may seem counterintuitive, the market needs investors in profit to sustain a positive momentum. According to the data, the 50% level appears to be a key threshold. Although the market hasn’t reached that level yet, the past cycles show that bear market bottoms often form around this area. This trend is crucial as it will help assess when losses of profits become significant across the market. Thus, the strategy remains consistent accumulation when losses reach extreme levels, allowing investors to position ahead of the majority. On the flip side, when profit supply approaches 100%, it often signals overheated conditions where reduced exposure is more favorable. Despite the pressure, the current environment appears more conducive to accumulation than to selling. Featured image from Pixabay, chart from Tradingview.com
The Bitcoin price surprised markets with a sharp upside move, reclaiming key resistance levels and pushing toward the $73,000 zone, even as US CPI printed its highest level in 22 months. The reaction caught many off guard, as elevated inflation typically signals tighter financial conditions and downside pressure on risk assets. Instead, BTC moved higher—tracking …
Attention has again been drawn to the popular trader James Wynn, who went from a high of almost $100 million in profits to less than $1000 in his Hyperliquid account at the moment. The trader continues to trade Bitcoin and was recently liquidated as the market recovered. Popular Bitcoin Trader Who Went From Almost $100 Million To Below $1,000 HypurrScan data shows that popular Bitcoin trader James Wynn’s account has gone from a peak of $84.21 million in May 2025 to $914.21 at the moment. The trader gained prominence for reaching a $84 million peak in just over two months after he began trading on the decentralized exchange (DEX) Hyperliquid. Related Reading: Here’s Why The Hyperliquid Price Is Exploding Again The trader stacked these profits through high-leveraged bets, including betting on Bitcoin. A major highlight of the trader’s journey was building a $1.25 billion BTC position by going long with 40x leverage on the leading crypto. This was one of the largest Bitcoin positions at the time, which drew more attention to the trader. That position was eventually liquidated, and since then, the Bitcoin trader has lost up to $100 million on his positions. Further data from HypurrScan data show that he currently has a loss of $22 million all-time PnL (Profit and Loss) on Hyperliquid. Wynn was notably a bull as his trading profits on Hyperliquid climbed to a peak of $84 million. However, since the crash in his trading profits, the trader’s sentiment toward Bitcoin has continued to flip. Towards the end of last year, he became largely bearish on BTC, rightly predicting that the leading crypto would suffer a long-term downtrend. Bitcoin has been in a downtrend since reaching an all-time high (ATH) of $126,000. Earlier this year, in February, Wynn predicted that BTC would still drop to as low as $48,000 in this bear market. More Liquidations Amid Bearish Sentiment On-chain analytics platform Lookonchain revealed that James Wynn was recently liquidated on his Bitcoin position as the crypto market recovered amid the U.S.-Iran ceasefire. The trader had shorted Bitcoin just below $67,000 and got liquidated as the price hit $67,900. Lookonchain noted that the trader has been liquidated six times in just the past two weeks. Related Reading: Crypto Trader Predicts Bitcoin Price Will Hit $100,000 Again When This Happens Wynn had mainly been shorting Bitcoin while the leading crypto traded in the $67,000 range. However, the leading crypto has yet to make a new low, holding the $66,000 support, and has instead rebounded above the psychological $70,000 level since the U.S.-Iran ceasefire agreement. HypurrScan data show that the trader has not opened a new position since the ceasefire agreement. At the time of writing, the Bitcoin price is trading at around $72,000, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Securitize is set to issue a Currenc Group equity as a digital token on a public blockchain, with the shares expected to launch on both Ethereum and Solana. Related Reading: South Korea Imposes 5-Minute Audit Rule On Crypto Platforms The move puts Solana back in the spotlight for a use case tied to real-world assets, not just price moves. The setup is meant to combine Ethereum’s security profile with Solana’s faster and cheaper transaction speed. Price Holds In A Narrow Band Solana (SOL) was trading at $82.45 at the time of writing, according to CoinGecko data. The token was unchanged over the last 24 hours, but it was still up 4.50% over the past week. Trading volume came in at $3.55 billion, down 42% in a day, while market value held at $47.30 billion. $SOL Is Back At The Same Buy Zone That Pumped It 2,194% Last Time Will Solana Hit $1000 In Alt Season? pic.twitter.com/5Nj83gVZ7W — Crypto Patel (@CryptoPatel) April 9, 2026 That muted price action sits beside a much louder forecast. Crypto analyst Crypto Patel pointed to a buy zone that Solana has returned to, saying the same area came before a 2,194% rally in the past. Based on that setup, fresh talk has emerged about whether SOL could climb to $1,000 in the next cycle. A Familiar Chart Setup The long-range question has been linked to the idea of an incoming altseason. Some traders are watching for a broader recovery in smaller coins, with Solana drawing attention due to its history of sharp rallies. The $1,000 target, however, rests on a range of assumptions, including stronger adoption and increased liquidity flowing into the market. We’ve partnered with Currenc Group (Nasdaq: CURR) to tokenize their shares on Ethereum and Solana. pic.twitter.com/LnajAodSSJ — Securitize (@Securitize) April 8, 2026 For now, the more concrete story is the network’s growing role in tokenization. The Securitize-Currenc plan places Solana inside a market that is trying to move stocks and other assets onto blockchains. The report said tokenized shares are being released on both Ethereum and Solana at the same time, which signals a push to spread that activity across more than one chain. Tokenization Becomes The Real Test That two-chain design was presented as a response to the need for platforms that can handle tokenized real-world assets at scale. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Tokenized stocks are being treated as a growing part of blockchain finance, with the new issuance seen as another sign that Solana is being used for more than trading activity. The price debate remains open, but the network’s latest milestone offers a more practical point of focus. Featured image from Vecteezy, chart from TradingView
Bhutan moved more bitcoin to a new wallet, continuing an outflow streak that has cut its holdings to 3,774 BTC from a peak of 13,000 BTC.
A crypto analyst has shared two interesting scenarios she believes that the Bitcoin price could follow, depending on the direction of its next moves. According to the analyst, a price breakdown to new lows near $50,000 could be bullish for BTC, suggesting the cryptocurrency may reverse to the upside after hitting that bottom. On the other hand, she has also shared a bearish thesis which could see the flagship cryptocurrency extending its already prolonged downtrend. A Possible Bullish Scenario For The Bitcoin Price Crypto market analyst Tara has presented a price chart outlining a detailed roadmap for Bitcoin, depending on if it breaks upwards or downwards. At the moment, the cryptocurrency is trading sideways with no clear direction, despite its latest rebound. Tara has described this recent bounce above $71,000 as “noise,” noting that it has done nothing to make the cryptocurrency’s path clearer. At the time of her analysis, posted on X, Tara stated that Bitcoin is sitting at a major decision zone, right in the middle of the macro 0.382 Fibonacci resistance at $98,096 and the 0.5 Fibonacci support area at $93,038. For her bullish outlook, the analyst predicts that BTC needs to break the 0.382 resistance level for the cryptocurrency’s mid- or long-term price targets to become more visible. In her price chart, the analyst outlines an ABC pattern that shows where Bitcoin could move next, along with its upper price targets once the resistance is broken. If the cryptocurrency breaks below the 0.618 support at $69,891 to reach $50,000, Tara forecasts that Bitcoin could eventually gather enough bullish momentum to break past the bearish $93,200 resistance. Once this happens, Tara projects that Bitcoin could explode to a new all-time high above its current peak of around $126,000, officially ending its downtrend. Although she has shared an alternative bearish thesis, the analyst notes that the ATH breakout is her preferred and most likely scenario for Bitcoin right now. The Alternative Downside Path Alternatively, Tara warns that if Bitcoin rallies above $90,000 without a meaningful correction, it could set the stage for a sharp price crash. Supporting her bearish outlook, the analyst points to the same ABC pattern on the chart, which outlines a clear downward trajectory for BTC. The analyst noted that a breakout to the upside would align with the larger ABC structure, potentially driving Bitcoin toward the upper resistance at $93,200. However, she maintains a strong bearish mid-term outlook, warning that such a move could prolong the ongoing corrective phase. According to her projections, the next major downside target lies around $29,000, marking a significant cycle low and representing a drop of over 68% from the previous $93,200 resistance and an approximately 55% decline from its current price above $71,500. Featured image created with Dall.E, chart from Tradingview.com