Prediction markets indicate a 67% probability that Bitcoin will fall below $55,000 in 2026, with a 43% chance of dropping under $45,000. Combined with weakening liquidity and bearish technical signals, analysts suggest Bitcoin could decline toward the $47K–$38K range in the coming months. Bitcoin Price Forecast Probability below $55K (2026): 67% Probability below $45K: 43% …
It may face limited adoption due to higher costs and a complex user experience, with the proposal described as a “last-resort measure.”
Anthony Pompliano has sparked a massive conversation across crypto and finance circles with a bold claim: Bitcoin may now be entering the center of global conflict resolution and trade. For the unversed, reports suggest that the United States and Iran have agreed to a ceasefire, with one key condition being the reopening of the Strait …
Gold has quietly outrun Bitcoin by a wide margin — and one Wall Street analyst says that gap tells the real story of where markets are headed. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Bitcoin’s ETF Gains Pale Against Gold’s Run Since the launch of US spot Bitcoin exchange-traded funds in early 2024, BlackRock’s iShares Bitcoin Trust helped push Bitcoin’s price up roughly 50%. Gold, over the same stretch, climbed about 135%. That performance gap is central to the argument being made by Mike McGlone, senior commodity strategist at Bloomberg Intelligence, who says capital may already be moving away from high-risk assets toward safer ground. McGlone has been laying out his case through a series of posts on X, warning that the explosive run Bitcoin made past $100,000 following the arrival of spot ETFs may now be over. Bitcoin is currently trading around $72,000. McGlone’s downside target is $10,000. Getting there would require a drop of more than 86%. Bitcoin May be Guiding Risk Asset Reversion The launch of US Bitcoin ETFs in 2024 helped push the price above $100,000 and may guide reversion back toward $10,000. What’s notable from my graphic is the first-born crypto reaching an apex in 2025 alongside US stock market… pic.twitter.com/LCKF213Ss4 — Mike McGlone (@mikemcglone11) April 9, 2026 Peak Cycle, Not A New Era McGlone traces Bitcoin’s 2025 high of $126,200 to a specific moment in broader market history. At roughly the same time Bitcoin hit that peak, the US stock market’s total value relative to the country’s gross domestic product reached its highest point since 1928 — a ratio widely used to judge whether equities are overpriced. According to McGlone, that overlap is not a coincidence. He describes the conditions that drove Bitcoin’s rise as a mix of ETF-driven inflows, political tailwinds from US President Donald Trump’s embrace of crypto, and what he calls “peak beta” — a phase where speculative assets briefly surge before falling hard. Reports from his analysis suggest this combination created the conditions for a sharp reversal rather than a sustained bull run. Bitcoin is also about four times more volatile than the S&P 500, according to McGlone’s data, which he says makes it a difficult sell for institutional investors who weigh returns against risk. Capital Rotation Raises Questions About Bitcoin’s Role The S&P 500, on a risk-adjusted basis, has outperformed Bitcoin ETFs since their debut. McGlone points to that as a sign the ETF launch may have served more as a late-cycle catalyst than a structural turning point for the asset class. Based on his analysis, the phase he calls “pump then dump” — where prices spike and then reverse — may already be underway. If that reading is correct, Bitcoin could fall alongside other speculative assets while gold continues to attract investors looking for stability. Related Reading: XRP Eyes $17 After Massive Breakout—Is A 1,100% Surge Next? McGlone stops short of saying exactly when a drop to $10,000 would occur. His argument is framed around broader market conditions tightening and investors pulling back from risk, not a specific timeline. What he does say clearly is that the ETF boom, once seen as a long-term driver for Bitcoin, may have already done most of its work. Featured image from Unsplash, chart from TradingView
The US Consumer Price Index (CPI) data is set to be released today at 8:30 AM ET, with forecasts indicating a sharp rise in inflation driven by higher energy prices. A hotter-than-expected CPI could strengthen the stagflation narrative and push Bitcoin toward lower support levels around $68,000–$69,000. Overview Event: US CPI Data Release (March) Time: …
Some XRP watchers are not waiting for a dip below $1. They are looking the other way — toward $17. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst The Pattern Behind The Price Target Market analyst Javon Marks has mapped out a long-term bull case for XRP using a measured move — a method that takes the size of a past rally and projects the same distance from a new breakout point. His chart points to a price target of $16.39, which would represent a gain of more than 1,100% from current levels. That works out to roughly a 12x increase. The setup goes back years. According to Marks, XRP formed a large pennant pattern starting in 2017, right after the token’s first major surge. To a fairly precise degree, the measured move price target for $XRP is right under $17. This means that another increase of over 1,111% could take place in response to the huge, 2017-like pennant breakout which occurred in late 2024. pic.twitter.com/4Hj5gZJYkj — JAVON⚡️MARKS (@JavonTM1) April 8, 2026 That kind of pattern typically reflects a pause before a trend picks back up. He says XRP broke out of that pennant in late 2024, during a broader market rally that followed the US presidential election. Using the scale of the original 2017 run as a guide, Marks projects the next leg of the move could carry XRP to near $17. In other words, if history repeats itself — and that is a big if — XRP could still be in the early part of a much larger move. XRP: Debate Among Analysts Not everyone is convinced the ride up will be smooth. Some XRP followers have raised the possibility of a fake breakout before any real rally takes hold. Marks acknowledged that kind of short-term volatility is possible. Still, he stood by the overall structure, saying the current setup closely mirrors what XRP looked like in 2017 before it made its big run. At current prices, Marks argues XRP is trading at a steep discount relative to where the measured move points. That framing has attracted attention from traders who follow chart-based analysis closely. XRP has been sending mixed signals this week. The token climbed to around $1.39 after news of an Iran ceasefire, then pulled back to roughly $1.32 — a drop of about 3.3% in 24 hours. Related Reading: Bessent Presses Congress On Crypto Rules As Senate Clock Ticks Down Other Bullish Voices In The Mix Marks is not alone in making a high-target call, though the numbers vary widely. Analyst CG has pointed to a two-year Elliott Wave count, with Wave 3 potentially driving XRP toward $24. Separately, another market commentator said XRP may be approaching a fresh all-time high after breaking out of a resistance-support triangle. At the same time, some analysts have held onto the view that a drop below $1 remains on the table before any major move higher. That split shows just how divided the XRP crowd remains heading into what could be a defining stretch for the token. Featured image from Unsplash, chart from TradingView
Market expert Sam Daodu has released a new April outlook for Bitcoin (BTC), flagging geopolitical developments and macroeconomic forces as the decisive factors for where prices may go next. Daodu’s note comes after Bitcoin ran into resistance just above roughly $72,000 and amid a market environment that has produced the asset’s first consecutive quarterly losses since 2022. Bitcoin Faces Unusual April Daodu pointed to Bitcoin’s historical tendency to finish April in the black: since 2013, the token has closed the month higher nine times out of 13, a 69% win rate. On paper, April looks generous — the average return sits at 10.7% — but that mean is skewed by a handful of outsized years (2013, 2018, 2019, and 2020), each with gains above 28%. Strip out those extreme outliers, and the average April return falls to a subdued 0.7%. More representative measures show Bitcoin’s median April gain at 7.1%, with the best April on record in 2013 (+36.8%) and the worst in 2022 (−17.2%). These historical ranges, Daodu says, demonstrate how much April outcomes depend on the broader macro backdrop. Related Reading: Adam Back Denies Being Bitcoin Creator In Response To NYT: ‘I Am Not Satoshi’ What makes April 2026 unusual, Daodu argues, is the dominance of external macro and geopolitical drivers that were largely absent in prior years. The ongoing US–Iran conflict has kept oil prices elevated — above $100 since early March — and the Federal Reserve (Fed) has revised its 2026 inflation forecast upward to 2.7%. Those developments have knocked back expectations for near‑term rate cuts and left markets braced for higher rates into the second quarter. Taken together, tighter liquidity and heightened geopolitical risk create a tougher environment for risk assets, including BTC. Under these conditions, Daodu warns, the usual early‑April dip and subsequent rebound are no longer assured. Rather, three key elements will determine Bitcoin’s future. Whether oil drops below $90 per barrel, whether monetary expectations ease, and whether the US-Iran ceasefire persists and leads to a lasting deal. Three Possible Paths Daodu lays out three price scenarios to quantify how those outcomes could play out. In his bullish case, a genuine ceasefire coupled with oil prices falling below $90 would significantly relieve macro pressure. That relief, he says, could allow Bitcoin to clear resistance above $75,000 and propel a run toward $80,000. Progress on the CLARITY Act — legislative movement expected to be marked up in late April — would add fuel to that rally by improving regulatory clarity for digital assets. Related Reading: JPMorgan CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats His base case envisions a more muted month. Persistent tax‑related selling in early April could cap gains and keep BTC trading between about $68,000 and $76,000. Without a clear catalyst, such as an end to the conflict, Bitcoin would likely consolidate in that band. The bearish scenario involves a breakdown of the ceasefire and renewed escalation. In that event, Daodu says Bitcoin could lose its nearby support around $69,000, trigger liquidations of leveraged positions, and see short‑term holders exit. That pressure could send BTC toward $65,000 or lower; the expert notes that Standard Chartered has warned of a deeper slump toward $50,000 if macro conditions deteriorate substantially. Featured image from OpenArt, chart from TradingView.com
A dispute over stablecoin rewards — not sweeping disagreements about crypto itself — is what’s holding up one of the most significant digital asset bills in US history. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Banks And Crypto Firms Clash Over Stablecoin Yields At the center of the standoff is a narrow but contentious question: should third-party firms like Coinbase be allowed to pass stablecoin yields on to their customers? Banks say no, warning it could drain deposits from traditional financial institutions. Crypto companies say yes, arguing it’s essential to staying competitive. That single point of friction has stalled the CLARITY Act in the Senate for months, even as the Trump administration pushes hard for a vote. Treasury Secretary Scott Bessent went public Tuesday with a blunt message — Congress needs to move now, before Senate floor time runs out. According to reports, Bessent described the situation as urgent, saying “time is scarce, and now is the time to act.” He framed the legislation not just as a financial policy matter but as a national security concern, arguing that economic security and national security are one and the same. The U.S. Treasury Secretary is weighing in on the push to pass crypto market structure legislation in a new @WSJ op-ed.@SecScottBessent framed it as a national priority, saying “economic security is national security,” and argued the Clarity Act is the cornerstone to bringing… — Eleanor Terrett (@EleanorTerrett) April 9, 2026 Adoption Numbers Add Weight To The Push The case for urgency isn’t just political. Data shows that roughly one in six Americans already holds some form of digital asset. Major banks and financial institutions have either launched crypto-related products or applied to do so. Blockchain technology, according to Bessent, has worked its way into payments, settlements, and the trading of real-world assets at a scale that regulators can no longer ignore. The global crypto market swung between $2 trillion and $3 trillion in value over the past year alone — a range that reflects both the size and the volatility of the industry. That backdrop gives the push for a regulatory framework added weight, especially as traditional finance continues to wade deeper into the space. Senator Cynthia Lummis joined Bessent’s call, saying the conditions for passing the CLARITY Act are as good as they’ve ever been. “We have the administration, the momentum, and we’ve made bipartisan progress,” she said. A Senate markup of the bill is expected sometime in April, though similar deadlines have slipped before. Related Reading: Bitcoin Faces Quantum Risk As Bernstein Sees 3–5 Year Window For Upgrades White House Study Adds Fuel To Banking Debate A White House analysis recently found that the risk of deposit flight from allowing stablecoin rewards is, by its own description, “quantitatively small.” Under the GENIUS Act framework, stablecoin issuers are barred from paying yields directly. The CLARITY Act, however, would open the door for third-party distributors to do it instead. Some banking members pushed back on the White House findings, arguing the analysis overlooked key funding risks beyond deposit levels. Featured image from Getty Images, chart from TradingView
Bitcoin is back above $70,000 after a bruising first quarter, but there are still questions as to whether the asset has already established its cycle low or is still moving through a bottoming phase. A technical indicator following one interesting Bitcoin metric is presently showing signs that the bottom may not yet be in. The Metric With A Perfect Record One Bitcoin metric has always predicted every cycle bottom, and what it is saying now is very important for its next outlook. This metric is the long-term holder supply in loss, which is a measure that tracks how much of the supply held by long-term investors is underwater at current prices. Related Reading: Bitcoin Price To $80,000: How The February Bullish Trend Can Push It 20% Higher Long-term holders are Bitcoin addresses who have held their coins for at least 155 days, and so it captures how deeply underwater the most patient cohort of the market has become. The numbers, which were noted in an analysis by crypto analyst Ardi, show that whenever long-term holders fall into losses in significant numbers, it has always occurred near the end of bear markets. These are phases where selling pressure decreases as weaker hands exit, and only the most committed investors are left. During the 2015 cycle bottom, 53% of long-term holder supply was in loss. A similar pattern appeared at the 2018 low, where about 45% of long-term holdings were in loss. The trend repeated once more during the 2022 bottom, with the figure reaching around 44%. b The current long-term holder supply in Loss reading sits at approximately 29% and it is climbing. That figure is meaningful in two directions simultaneously. On one hand, it confirms that conditions are deteriorating and there’s still a large share of holders that would move into loss if prices decline further. Related Reading: Bitcoin Just Deviated From The Bearish Trend That Began In January And $86,000 Could Be Next On the other hand, the reading is still well short of the 44% to 53% range that has always been certified as genuine cycle floors. According to crypto analyst Ardi, this second meaning shows that the Bitcoin price is not at the bottom yet but is still building toward the conditions where bottoms form. At the time of writing, Bitcoin is trading at $71,127, down by 1.1% in the past 24 hours. Its most recent cycle low was recorded just below $63,000 during the market-wide crash in early February. The leading cryptocurrency is still trading around $70,000, which has turned out to be a psychologically important area. The broader crypto market sentiment is currently lacking any clear bullish momentum, with price action across major assets reflecting hesitation. The Crypto Fear and Greed Index sits at a reading of 43, placing it firmly in neutral territory. Featured image from Pixabay, chart from Tradingview.com
Open interest in BTC and ETH perpetual futures rose by over $2 billion each in 24 hours after the U.S.-Iran ceasefire announcement.
Crypto markets are showing early signs that the worst may be over, following a prolonged decline that began with the industry’s sharp sell-off back in October of last year. In a new report shared on social media, technical analyst Ali Martinez says the market is now starting to form what he calls a structural floor. Next Cycle Setup For Crypto Leaders Martinez’s view is rooted in the idea that seven months of heavy volatility may also be creating a rare opportunity. For those focused on the longer-term picture, he argues, the current turbulence can act as a reset period before the next multi-year cycle. Rather than treating the current sell-off as purely negative, Martinez suggests it may be setting up the conditions for a new upward phase once the market stops bleeding. Related Reading: Adam Back Denies Being Bitcoin Creator In Response To NYT: ‘I Am Not Satoshi’ When looking at the “big picture” for broader crypto market structure, Martinez points to a metric he says helps define the floor: the CVDD Channel, which stands for Cumulative Value Days Destroyed. According to his analysis, Bitcoin’s “Golden Zone” is currently near $49,330. He claims that historically, entries into this area have tended to show up before bull market runs, and he outlines upside targets for what could follow—potentially reaching $178,478, and in an even more extended scenario, $273,158. The analyst then turns to Ethereum (ETH). Martinez says he is watching whether ETH is moving within a parallel channel pattern, and if that interpretation holds, he believes the zone between current levels and $1,070 could offer a high-conviction entry point. From there, he highlights an ecosystem-wide rally scenario with a macro target around $8,670 as the next major objective, framing it as a move that would emerge as the broader crypto ecosystem matures. Outlook For XRP, SOL, And DOGE For XRP, Martinez focuses on a specific support level as the key to determining whether the crypto market can stabilize. He says that if XRP can hold support near $0.80, it could create a strong “buy the dip” setup, potentially giving traders a chance before a later retest of XRP’s all-time high near $3.30 and beyond. Solana (SOL) is next, and Martinez suggests SOL may need a broader “generational” reset to complete the bottoming process. He argues that the possible low area ranges from $74 to $50, describing that band as a total reset of speculative “froth.” Martinez characterizes that kind of clearance as a major launchpad for the next upward move, implying that the more aggressive the washout, the more room there may be for the following leg higher. Related Reading: JPMorgan CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats Finally, Martinez discusses Dogecoin (DOGE) using what he calls fractal signals. He says the memecoin’s chart structure indicates a coiling phase that often appears before the next parabolic move. In that context, Martinez points to a zone he believes is where larger, more informed buyers could begin accumulating. His range for that buildup is between $0.090 and $0.060, which he describes as the area where accumulation could start to intensify ahead of a potential upside surge. Featured image from OpenArt, chart from TradingView.com
Wall Street’s financial advisory machine now has a direct line to Bitcoin. Morgan Stanley Investment Management launched its spot Bitcoin exchange-traded fund on NYSE Arca on Tuesday, backed by a network of roughly 16,000 financial advisors who can steer clients into the product through their standard brokerage accounts. Related Reading: Bitcoin Faces Quantum Risk As Bernstein Sees 3–5 Year Window For Upgrades First Bank-Affiliated Asset Manager To Cross The Line The fund, trading under the ticker MSBT, tracks Bitcoin’s daily price using the CoinDesk Bitcoin Benchmark 4 PM NY Settlement Rate — a pricing tool that pulls executed trade data from major Bitcoin spot exchanges to generate a standardized settlement figure. While BlackRock and Fidelity already offer Bitcoin ETFs, neither is affiliated with a traditional US bank. Morgan Stanley’s entry fills that gap and marks the first time a bank-linked asset manager has brought a cryptocurrency product of this kind to market. LATEST: ???? Morgan Stanley launches its Bitcoin ETF on NYSE Arca today, becoming the first major US bank to offer a publicly traded spot Bitcoin fund. https://t.co/r3un2WaSGs pic.twitter.com/lRV9IOsgEO — CoinMarketCap (@CoinMarketCap) April 8, 2026 Eric Balchunas of Bloomberg called it a dramatic shift for the industry. Just a few years ago, he said, such a move from Morgan Stanley would have been unthinkable. Fees Set Below The Competition Morgan Stanley priced MSBT at a 0.14% sponsor fee — a hair below Grayscale Investments, which charges around 0.15% for a comparable product. It’s a small difference on paper, but in a market where cost comparisons drive investor decisions, even a single basis point can tip the scales. The firm says that makes MSBT the lowest-cost Bitcoin ETP currently available among comparable offerings. BNY and Coinbase were tapped to handle custody of the fund’s digital assets. BNY also takes on the administrator and transfer agent roles, covering accounting, record-keeping, and cash management. The combination of a legacy banking giant and a major crypto exchange signals a deliberate effort to meet institutional standards from the start. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Launch Comes Amid Fresh Outflows Across Bitcoin Funds The timing is not without friction. Bitcoin ETF products recorded their first week of net outflows just before MSBT went live, with close to $160 million pulled from these funds. Fidelity and Grayscale saw nearly $48 million and $42 million in withdrawals each. Despite the headwind, Morgan Stanley is pressing ahead. MSBT joins an ETF platform the firm launched in 2023, which now manages over $12 billion across 19 products. Adding a Bitcoin fund extends that lineup beyond traditional asset classes for the first time. Whether retail investors — guided by those thousands of financial advisors — will move in behind it remains the open question. Featured image from Unsplash, chart from TradingView
US Treasury Secretary Scott Bessent is once more calling for the urgent expedition of the CLARITY Act into law, warning that further delays risk loss of US prominence in global economics. Bessent nudges fast-tracking of the CLARITY Act Bessent compared the legislation’s development to that of Singapore and Abu Dhabi, nations that already have clear …
The improbable solo mining success highlights Bitcoin's decentralization potential, despite dominance by large mining pools.
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Bitcoin and Ethereum’s dominance is being directly challenged in a new outlook from Bloomberg Intelligence strategist Mike McGlone, who believes that an unexpected contender is positioning itself to overtake both. Tether USDT’s market cap is steadily closing in on Ethereum, and Mike McGlone thinks the stablecoin’s ascent is only getting started, while the two largest cryptocurrencies may be headed in the opposite direction. The Unlikely Contender Gaining Ground Mike McGlone, senior macro strategist at Bloomberg Intelligence, has singled out Tether (USDT) as the asset most likely to reshape the crypto market hierarchy in the near future. The crypto market has grown massively in recent years and is now flooded with millions of tokens. However, in a recent note issued this week, McGlone noted that capital is gravitating toward instruments that maintain stability and utility, especially in uncertain macro conditions, and Tether’s USDT is leading the charge. Related Reading: 2018 Footage Of Ripple CEO Saying They’re Taking Over SWIFT Resurfaces, But How Have They Fared Since Then? Interestingly, McGlone also talked about a flippening of the crypto market ranks. However, this flippening is not the long-speculated scenario where Ethereum overtakes Bitcoin but a far less anticipated one where the dollar-backed stablecoin quietly surpasses both. “I expect the ‘flippening’ to continue, with Tether’s AUM topping Ethereum in 2026 and eventually Bitcoin,” McGlone wrote. The gap between the two assets has narrowed considerably in the past year. Ethereum’s market capitalization currently stands at approximately $272 billion. Tether’s market cap, meanwhile, is around $184 billion. This time last year, the stablecoin was sitting at a $144.2 billion market cap, making it a 27.6% growth over the past year. Tether currently controls about 58% of the global stablecoin market cap, and together with USDC, the two account for around 82% of the total stablecoin cap. Bitcoin’s Long Road Back To $10,000 McGlone pairs this stablecoin outlook with a notably bearish stance on Bitcoin. According to him, there’s a huge possibility of the Bitcoin price crashing to as low as $10,000. Bitcoin has been trading in a prolonged corrective phase following its 2025 all-time high, and a chart published alongside McGlone’s commentary shows that Bitcoin has always led both equity market upswings and downswings, and if equities are rolling over, Bitcoin may follow. Related Reading: US-Iran Ceasefire Trigger Bitcoin And Crypto Market Surge, But Will This Rally Last? The chart below shows Bitcoin’s yearly candle alongside the S&P 500 index and its 180-day volatility reading. The stock market volatility, which is at a reading of 12.5, is too low for 2026. A reversal in that trend could lead to further declines for Bitcoin, which is already showing signs of rejection above $70,000. Bitcoin Yearly Chart. Source: @mikemcglone11 On X Bitcoin must hold above $75,000 to invalidate the scenario of a crash to $10,000. Failure to do so, according to McGlone, opens the path to a deeper reversion to as low as the $10,000 range, which he highlights as a long-term equilibrium zone since the introduction of futures markets in 2017. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin may have survived the worst of the shock, but the data says this is stabilization, not escape velocity. A Bitcoin Reset Underway? According to CryptoQuant, the current conditions suggest a reset is underway, with Bitcoin working through a broad deleveraging phase. Yet even as market stress eases, the top cryptocurrency still hasn’t carved out a definitive bottom in this bear cycle. Related Reading: Bitcoin Rallies Above $71K —But Analysts Warn The Peace Is Only Temporary Analyst MorenoDV_ believes Bitcoin’s on‑chain/derivatives “stress cycle” indicators are rolling over, suggesting the market is exiting an acute stress phase, but not yet entering a clean bullish reversal regime. The analyst says that alignment between Bitcoin’s Short-Term Sharpe Ratio and the 30-day Buy/Sell Pressure Delta is signaling one of the strongest risk/reward profiles of the current cycle, but it still calls for patience. A stress cycle is a phase marked by elevated unrealized losses, forced deleveraging, compressed futures basis and defensive options positioning. The analyst starts by looking at the Sharpe Ratio. The current value has dropped far into negative territory, hitting around −40, a level that has historically signaled major buying zones. In past cycles (2015, 2019, 2020, and 2023), every time the ratio fell below this line, Bitcoin later saw a strong repricing higher. Bitcoin Sharpe Ratio (Short Term). Source: CryptoQuant. We are now sitting in the same red-circled territory shown in the graphics, the analysis say. The Pressure Delta Explanation According to the analyst, the Buy/Sell Pressure Delta helps explain where we are in the bottoming process. Bottoms don’t happen all at once: they unfold in stages. Related Reading: Can’t Move Your Crypto?— Traders Trapped In South Korean Exchanges First, there’s a big wave of selling (orange/red spikes below −0.05) when forced sellers and panicked investors dump their coins. Then, selling pressure slowly cools down and moves back into the green zone as fewer people are willing to sell. The best entries usually show up when the delta finally moves into the blue “Buy Pressure” area, which means real buying demand is coming back, not just that selling has slowed. Bitcoin: Buy/Sell Pressure Delta (30). Source: CryptoQuant. The report claims that the heavy selling phase is likely behind us and we have entered the middle stage. The delta is recovering but hasn’t yet reached strong buy territory. Historically, that gap is where some of the best opportunities have appeared. This analysis aligns with the QCP Market Colour from yesterday. Their report claimed Bitcoin’s movement looks more like a temporary pause than a lasting resolution There’s still risk, the analyst warns. The macro backdrop, liquidity, and weak sentiment could drag this out. But for investors who think in cycles, the data suggests we’re closer to the start of a new opportunity than to the end. Yesterday, Bitcoin bounced back and reclaimed $72k. At the moment of writing, BTC trades for the low $71ks on the daily chart. Source: BTCUSD on Tradingview. Cover image from Perplexity. BTCUSD chart from Tradingview.
Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset's clear price struggles. However, a close look at the enterprise software company's legally binding regulatory filings tells a much redder story: under standard accounting rules, the firm is nursing a multi-billion dollar unrealized […]
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Crypto analyst Cupra has revealed that Bitcoin has printed a historical aggressive recovery setup, signaling that a rally to the upside may be on the horizon. The analyst predicted that BTC could rally to a new all-time high (ATH) of $150,000 as the next bull phase approaches. Bitcoin Prints One of the Most Aggressive Setups In Years In an X post, Cupra stated that Bitcoin has just printed one of the most aggressive recovery setups that the market has seen in years. He noted that such a setup played out in 2019 after months of “pain,” which then led to a 282% explosive move for BTC. Now, the same structure is playing out, with the analyst noting a similar reset but with even more liquidity. Related Reading: Bitcoin Just Deviated From The Bearish Trend That Began In January And $86,000 Could Be Next Cupra noted that this is not a coincidence, as this is how the bull run starts, with sentiment destroyed while liquidity builds and smart money begins to position. He added that the market is about to shock everyone and that a Bitcoin rally to $150,000 is not a “meme” but the next phase. His accompanying chart showed that BTC could also rally to a cycle peak of $420,000. In another X post, the analyst doubled down on his assertion that Bitcoin could soon see a parabolic reversal to the upside. He noted that 35 bars are up while 12 bars are down, which is the “perfect cycle structure.”Cupra added that every time this happens, a massive expansion follows. Cupra also revealed that Bitcoin has just completed the 12-bar reset and that this is the launch zone. In line with this, he declared that the next leg will be violent and won’t be a “normal pump.” The analyst added that the parabolic phase is starting now. BTC Still At Risk Of A Decline Crypto analyst Colin has predicted that Bitcoin remains at risk of a decline despite claims that the leading crypto has formed a bottom. He highlighted a bear flag on his chart, suggesting BTC could rally above $77,000 in the short term following the 2-week ceasefire agreement between the U.S. and Iran. However, the leading crypto is likely to continue its downward momentum after this relief bounce. Related Reading: Bitcoin Golden Cross Trend Enters Flow State: Why The Next 2-3 Weeks Are Important Crypto analyst Aralez warned market participants to be careful with any Bitcoin trades right now. He noted that price is sitting in a key zone after clearing a large liquidity shelf and that locally, the structure still looks bullish. However, there are two main things to monitor now, which are whether the market will show weakness soon and if the price will stall in a range. At the time of writing, the Bitcoin price is trading at around $71,000, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
Bitcoin and XRP price traded slightly lower today as rising geopolitical tension triggered a fresh wave of caution across crypto markets, with BTC price holding just above $70,000 and XRP price consolidating near $1.30. The pullback follows renewed uncertainty around the Strait of Hormuz, dragging total crypto market value closer to $2.41 trillion as risk …
The bitcoin miner earned $222,012 in subsidy and fees for mining block 944,306 using CKpool in a solo mining configuration.
Bitcoin’s quantum problem is still years away, but Bernstein says 1.7 million BTC sitting in early address types could be among the most exposed if the technology ever gets there. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst That includes an estimated 1.1 million BTC tied to Satoshi Nakamoto, which would matter only if quantum machines become strong enough to break today’s encryption. Legacy Wallets In Focus Bernstein’s view is not that Bitcoin faces a near-term collapse. The firm’s analysts describe the issue as a “manageable upgrade cycle,” not an “existential risk,” and say the danger is concentrated in older wallets and addresses that reuse public keys. Newer wallet practices, including avoiding address reuse, lower exposure. The report also draws a line between wallet risk and mining risk. Bitcoin’s SHA-256 mining process is not seen as meaningfully vulnerable to quantum attacks, even if future machines become powerful enough to threaten some wallet signatures. Bernstein said the most exposed address types include pay-to-public-key, pay-to-multisig and pay-to-Taproot formats. ???? CRYPTO: BERNSTEIN RESEARCH SAYS BITCOIN HAS 3-5 YEARS TO PREPARE FOR QUANTUM COMPUTING THREAT Bernstein Research, the Societe Generale-owned brokerage, said quantum computing poses a credible but manageable threat to Bitcoin, estimating the industry has a three to five year… pic.twitter.com/6QFMObpXjn — BSCN (@BSCNews) April 8, 2026 A Longer Timeline Than Panic The firm pointed to recent research from Google as one reason the threat is being taken more seriously now. That work reduced the resources thought necessary to break modern encryption, but Bernstein still said building a machine capable of compromising Bitcoin remains years away because of major technical barriers and high costs. Its estimate gives the crypto industry about three to five years to prepare for post-quantum security upgrades. That timeline leaves room for the Bitcoin developer community to act through the normal upgrade process. Bernstein said open-source contributors and core developers would likely handle any move toward quantum-resistant standards, with changes proposed and adopted through consensus rather than by force. The report also leans on a broader industry view. Quantum experts generally give a 10-year timeline for cryptographically relevant quantum computers, or machines able to break today’s encryption, according to Bernstein’s chart. That gap is part of why the firm argues the issue is real but not urgent enough to trigger panic. Related Reading: South Korea Imposes 5-Minute Audit Rule On Crypto Platforms What Bitcoin Faces First For now, the pressure sits on old holdings, not the network as a whole. Bernstein said the risk is uneven, with older legacy wallets facing more exposure because public keys are already visible on-chain. By contrast, modern wallet use and better key practices reduce the chance of attack. The rough number Bernstein cited — about 1.7 million BTC in early P2PK addresses — shows why the topic keeps returning. Those coins would not be the first target of any quantum attack, but they are the clearest example of what could be at stake if hardware advances faster than the network’s response. For now, Bernstein’s message is that Bitcoin has time, though not endless time, to prepare. Featured image from Meta, chart from TradingView
Institutions appear to be taking profits from the bitcoin rally rather than joining the momentum, one analyst said.
The current downtrend has put the Bitcoin price in an increasingly difficult position as bears push back on every recovery. Even now, the price continues to struggle to maintain an uptrend, but it has not deterred bulls from predicting higher prices. The general consensus still remains that the Bitcoin price will cross $100,000 again and eventually reach new all-time highs. As these bullish predictions roll out, one analyst has given their opinion on how the cryptocurrency’s price will move from here. Bitcoin Could Rally To $90,000 First Before Crashing Pseudonymous crypto analyst Cyclop shared their expectations for the Bitcoin price on X following the initial rally at the start of the week. While bearish sentiment still abounds, the analyst does not believe that this would necessarily lead to the price crashing further from here. Related Reading: Why XRP Supply Crashing On Coinbase Is A Good Thing For The Price Instead, Cyclop says that the current bearish sentiment could end up pushing the price higher. The reason for this is the fact that investors are ready to buy lower. What this means is that there is still money to buy cryptocurrencies such as Bitcoin, and this is not how a bottom would play out. Given that bottoms happen when people have run out of money to buy, the analyst believes that there would be another run-up just to shake out investors. This initial run could send the Bitcoin price high toward the $90,000 level, but then the resulting dump would reset the market sentiment. It is only when something like this happens that the crypto analyst believes that the Bitcoin price will have hit a bottom. The squeeze higher and the dump could completely devastate sentiment, leaving room for the Bitcoin price to finally have a real rally. BTC Pushing The Road To $240,000 In a previous post, the crypto analyst had stated the major targets that they are looking at for the Bitcoin price. The first was $69,000, which the cryptocurrency had hit earlier in the week, marking a possible start to the rally that takes it back to six-figures. Related Reading: Ethereum Eyes Macro Bottom As Key Level Comes Into Focus: Analyst Next is a run-up to around $78,000, which is the upward squeeze the analyst spoke of. Then the next in line would be a massive crash that would take the Bitcoin price to new cycle lows at $42,000, and reset the sentiment. And finally, there would be the explosive rally, which the crypto analyst believes could see the bitcoin price reach $240,000. Featured image from Dall.E, chart from TradingView.com
The Royal Government of Bhutan has transferred 319.7 BTC, worth about $22.7 million, to sales-linked wallets, continuing a steady reduction of its Bitcoin reserves tracked by Arkham Intelligence. So far this year, Bhutan has quietly moved large amounts of BTC as its sovereign stack drops significantly from a late-2024 peak of over 13,000 BTC to …
One of the recipient wallets had previously been used to route funds for selling via Galaxy Digital and OKX, Onchain Lens said.
A developer testnet for the XRP Ledger went fully quantum-secure back in December 2025 — months before most people started paying attention to the threat. That quiet milestone now sits at the center of a broader conversation about how ready the network actually is. Related Reading: South Korea Imposes 5-Minute Audit Rule On Crypto Platforms Only A Fraction Of Accounts Hold Hidden Keys Reports from an XRPL validator show that roughly 300,000 of the network’s 7.8 million accounts are currently shielded from quantum attacks — not because of advanced cryptography, but because their public keys have never been exposed. These accounts have never sent a transaction. Without a visible public key, a quantum attacker has no entry point. Together, they hold about 2.4 billion XRP. The remaining accounts are a different story. Their public keys are visible on-chain. Traditional computers cannot crack them today. Quantum computers powerful enough to do so do not yet exist. But the window for preparation is open now, not later. Quick XRP acc quantum vulnerability check. ~300,000 accounts on XRP holding 2.4B XRP never transacted, thus public key unknown and quantum safe. while only 2 accounts with larger holdings of 21M XRP are dormant (inactive over 5 years) and have their public key exposed. Dormant… — Vet (@Vet_X0) April 7, 2026 Still, the scale of the immediate risk is narrow. Only two dormant accounts — inactive for more than five years — hold exposed public keys with significant balances. Combined, they carry around 21 million XRP. That figure represents roughly 0.03% of the total XRP supply. Vulnerable inactive whales, based on reports from the validator, are extremely rare on this network. XRP Ledger Sits In A Different Position Than Bitcoin That rarity sets the XRP Ledger apart from Bitcoin, where large sums often sit untouched in old wallets using an outdated format called pay-to-public-key, or P2PK. Wallets tied to Bitcoin’s anonymous creator, Satoshi Nakamoto, fall into this category. Their public keys are out in the open. On the XRP Ledger, that kind of exposure among major dormant holders is far less common. The network also carries a structural advantage: built-in key rotation. Users can swap out their signing keys without changing their wallet address. That means if quantum computing advances faster than expected, account holders have a path to update their security without losing their existing address. Bitcoin does not offer this natively. The XRPL also uses an amendment system, where validators vote on protocol changes. Data shows this process moves faster than Bitcoin’s upgrade path, which depends on miner consensus and tends to be slower and more contentious. Related Reading: XRP Headed For A Price Shock, Japan’s Financial Heavyweight Says AlphaNet Test Signals Where The Network Is Headed In December 2025, XRPL Labs developer Denis Angell confirmed that AlphaNet — the network’s developer testnet — had adopted ML-DSA, also known as CRYSTALS-Dilithium. The National Institute of Standards and Technology, or NIST, has approved ML-DSA as a post-quantum signature standard. AlphaNet also rolled out Quantum Accounts, Quantum Transactions, and Quantum Consensus, extending protection even to validator communications. Featured image from Meta, chart from TradingView
The US, Russia and China together control over 65% of global Bitcoin hashrate, a reminder that mining power remains heavily concentrated even as local shocks push smaller markets up and down. Related Reading: Bitcoin Mood Sours To Levels Not Seen Since Late February In that mix, Iran has seen a sharp fall. Its hashrate dropped about 77% in the past quarter, to roughly 2 EH/s, after months of conflict and disruption. Iran’s Share Drops Fast According to a report from Hashrate Index, Iran lost about 7 EH/s quarter over quarter. The decline came during a period of rising tension with the US and Israel, with strikes and retaliation driving instability across the region. Even so, the pullback did not spread in the same way to nearby mining hubs. The United Arab Emirates and Oman were reported to have stayed stable. Source: Hashrate Index The report framed the change as a local hit rather than a network-wide threat. Global hashrate remained near 1,000 EH/s, which means the Bitcoin network kept working with little sign of strain. That is partly because no single region has enough mining power to threaten continuity on its own. When one place weakens, other places can absorb the load. Iran’s drop also comes with a large miner count behind it. The country is estimated to have about 427,000 active Bitcoin mining rigs. Those machines do not all run at the same efficiency, and many older units have been forced out as margins tighten. Price Pressure Hits Miners Everywhere The broader network has also been under pressure. The 30-day simple moving average for global hashrate fell from 1,066 EH/s in the first quarter to about 1,004 EH/s in the second quarter, a drop of 5.8%. The report linked that move to falling Bitcoin prices, not to energy costs or regulation. Bitcoin has fallen more than 45% from its record high of $126,000 set in October. That drop has pushed mining revenue lower and made hash prices hit record lows. At those levels, older machines with efficiency above 25 J/TH can run at a loss and get shut down. The report said about 252 EH/s of marginal capacity is now offline, with much of it tied to older hardware. Related Reading: Underdog Bitcoin Miner Bags $210,000 BTC In Stunning Block Discovery Redistribution, Not Collapse The story the numbers tell is simple. Mining does not stay fixed in one place for long. It moves toward cheaper power, better machines and higher margins. When those conditions fade, rigs are switched off or shipped elsewhere. That is what happened in this case, with Iran taking the biggest hit while the wider network kept moving. Featured image from Pexels, chart from TradingView
The crypto ATM operator has suffered a security breach that resulted in 50.9 BTC being drained from its company wallets.
Bitcoin (BTC) could be preparing for another major bull rally as a Golden Cross has recently appeared on the cryptocurrency’s Inter-exchange Flow Pulse (IFP). A crypto analyst who explained the significance of this occurrence notes that the timeline of this Golden Cross aligns almost perfectly with past bull rallies. Based on this historical trend, the analyst suggests that the next two to three weeks are important for Bitcoin’s next move. Historical Golden Cross Pattern Signals Bitcoin Rally Crypto market expert CW has shared a new Bitcoin forecast that, if realized, could completely invalidate the widespread bearish outlook for the cryptocurrency. In his post on X, the analyst shares a chart displaying BTC’s Inter-exchange Flow Pulse, a key on-chain indicator that tracks the net flow of Bitcoin between exchanges. Related Reading: Bitcoin Rainbow Chart Says Price Is Ranging Above $60,000 For A Reason, Here’s Why Usually, this indicator signals a bull market when it turns green and a bear market or correction when it turns red. This particular metric is often used to identify Bitcoin’s market position and has gained recognition for its strong track record of predicting major market turning points. During his analysis, CW noted a recurring Golden Cross pattern that has appeared twice in Bitcoin’s history on the Inter-exchange Flow Pulse chart. The first time this crossover occurred was in 2019, and then it was subsequently repeated in 2023. In both cases, the analyst noted that the Golden Cross had foreshadowed the start of a massive bull rally that lasted for months. However, the anticipated rally did not start immediately after the Golden Cross emerged. Instead, the broader market waited 30 to 40 days before the Bitcoin bull run began. Specifically, during the 2019 cycle, BTC consolidated for about 30 days after its Golden Cross before skyrocketing above $40,000 from a low price between $4,000 and $10,000. This bull rally had also extended into the 2021 bull market, where the cryptocurrency found a top of $69,000. Subsequently, in 2023, the chart shows that Bitcoin crashed below $20,000 following the 2022 bear market. Shortly after, the same Golden Cross appeared again on the Inter-exchange Flow Pulse. Just 40 days later, Bitcoin climbed above $100,000, extending its bull run into 2025. BTC Set For Explosive Run As New Golden Cross Emerges Fast forward to today, CW noted in his analysis that the market cycle is currently 33 days past its most recent Golden Cross on the Inter-exchange Flow Pulse. This places the Bitcoin price right within the historical 30-40 day window. As a result, if the pattern continues to hold, Bitcoin could be on the verge of another sustained bull rally. Related Reading: Analyst Says Bitcoin Hasn’t Seen A True Bottoming Formation Yet, What This Means For Price With only a few days left in this window, the analyst warns that the next two to three weeks are critical, urging investors and traders to watch BTC’s price closely. Based on past trends, a confirmed breakout during this period could likely be the start of a bull run. Featured image from Pixabay, chart from Tradingview.com
Bitcoin price started a strong increase above the $70,500 zone. BTC is consolidating gains and might aim for more gains above the $71,650 zone. Bitcoin gained pace for a move above the $70,500 and $71,500 levels. The price is trading above $70,200 and the 100 hourly simple moving average. There is a new bullish flag pattern forming with resistance at $71,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $70,250 and $69,500 levels. Bitcoin Price Holds Support Bitcoin price managed to climb higher above the $69,500 resistance zone. BTC gained pace for a move above the $70,500 and $71,200 levels. The pair even rallied above the $72,200 level. A high was formed at $72,728, and the price started a downside correction. There was a move below the 23.6% Fib retracement level of the upward move from the $67,735 swing low to the $72,728 high. However, the bulls were active above $70,000. Bitcoin is now trading above $70,500 and the 100 hourly simple moving average. If the price remains stable above $70,000, it could attempt a fresh increase. Immediate resistance is near the $71,650 level. There is also a new bullish flag pattern forming with resistance at $71,650 on the hourly chart of the BTC/USD pair. The first key resistance is near the $72,000 level. A close above the $72,000 resistance might send the price further higher. In the stated case, the price could rise and test the $72,800 resistance. Any more gains might send the price toward the $73,500 level. The next barrier for the bulls could be $74,000. More Losses In BTC? If Bitcoin fails to rise above the $71,650 resistance zone, it could start another decline. Immediate support is near the $70,300 level or the 50% Fib retracement level of the upward move from the $67,735 swing low to the $72,728 high. The first major support is near the $70,000 level. The next support is now near the $69,650 zone. Any more losses might send the price toward the $69,000 support in the near term. The main support now sits at $68,800, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level. Major Support Levels – $70,300, followed by $70,000. Major Resistance Levels – $71,650 and $72,800.