Bitcoin is struggling to reclaim $70,000. The price chart looks uninspiring. And according to the data, surface reading is missing the most important thing happening in this market right now. Related Reading: Ethereum Is Flashing a Warning Signal Most Holders Are Ignoring – Here Is What It Says An XWIN Research Japan report has identified a structural divergence that the price alone cannot show. On the surface, the signals are bearish: the Exchange Whale Ratio confirms increased large-holder activity on exchanges, meaning the biggest participants are not accumulating — they are distributing. The market is struggling to break higher because the overhead selling pressure is real, consistent, and measurable. But beneath that surface, a different structure is forming. In the first quarter of 2026, public companies accumulated approximately 62,000 BTC — a figure documented in SEC filings, not estimated from on-chain inference. These are not traders reacting to price. They are corporations making balance sheet decisions, raising capital through debt and equity issuance, and converting it into Bitcoin regardless of short-term momentum. MicroStrategy alone represents a persistent, structurally driven demand flow that does not pause because the chart looks weak. Two markets are operating simultaneously at the same price. One is selling. The other is buying with borrowed capital and a multi-year time horizon. The report’s task — and this article’s — is to determine which one is building the future. The Buyers and the Sellers Are Not Playing the Same Game The report draws a distinction that changes how the current market should be read. Traditional long-term holders accumulate when conviction is high and reduce exposure when it falters. Corporate buyers operate differently. By issuing debt and equity to fund Bitcoin purchases, companies like MicroStrategy have created a demand flow that is structurally decoupled from short-term price signals. When the chart looks weak, they do not stop buying. They raise more capital and continue. That persistence is not sentiment — it is strategy, and it does not respond to the same triggers that move retail or even institutional traders. The ETF picture complicates the narrative further. BlackRock has continued to see inflows, but Grayscale outflows have offset them — producing rotation rather than net new capital entering the market. Total ETF holdings finished Q1 2026 flat to slightly down. The products exist. The conviction behind them, as a category, has not yet arrived. The report’s verdict on the current market structure is precise and should be stated plainly: whales are selling, corporations are accumulating, ETFs are treading water, and retail is net negative. These four participants are pulling in four different directions simultaneously. Bitcoin at $70,000 is not weak. It is fragmented — held in place by opposing forces of roughly equal short-term weight. The question the report leaves open is which force is building faster. Corporate balance sheets accumulating at scale suggest the answer, but the price has not yet confirmed it. Related Reading: An XRP Key Indicator Just Flipped Bullish — and Most Traders Are Not Watching It Bitcoin Holds Range Below Key Moving Averages Bitcoin continues to consolidate just below the $70,000 level, with price action showing clear hesitation after the sharp breakdown in February. The chart reflects a market still attempting to stabilize following a strong impulsive move to the downside, which was accompanied by a significant spike in volume — a typical signature of forced selling or liquidation-driven pressure. Since that capitulation event, BTC has been trading in a relatively tight range between roughly $62,000 and $72,000. This range-bound behavior suggests a temporary equilibrium between buyers and sellers, but not a confirmed reversal. Importantly, price remains below the 50-day and 100-day moving averages, both trending downward, indicating that short-term momentum is still structurally bearish. Related Reading: Binance Inflows Suggest Money Is Starting to Move Back Into Crypto – Find Out What Changed The 200-day moving average, positioned near the $90,000 region, continues to act as a distant dynamic resistance, reinforcing the broader trend shift from expansion to correction. Each attempt to push higher has so far resulted in lower highs, signaling that demand lacks conviction at current levels. Volume has declined noticeably during this consolidation phase, which raises a critical question: is selling pressure truly exhausted, or is this simply a pause before another leg lower? Until Bitcoin reclaims key moving averages, the structure favors caution over confirmation. Featured image from ChatGPT, chart from TradingView.com
The Bitcoin price is once again trading on edge—not because of internal market weakness, but because macro uncertainty is tightening its grip. The latest trigger came from U.S. President Donald Trump’s national address on the ongoing Iran war, where he signaled that the conflict is far from over and could stretch another 2 to 3 …
Bitcoin price started a recovery wave above $68,000. BTC is now struggling to surpass $68,800 and showing signs of a fresh decline. Bitcoin failed to settle above $68,800 and trimmed most gains. The price is trading below $67,200 and the 100 hourly simple moving average. There was a break below a rising channel with support at $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,000 and $67,800 levels. Bitcoin Price Faces Rejection Bitcoin price formed a base above $66,500 and started a recovery wave. BTC was able to settle above $67,200 to move into a short-term positive zone. The price climbed above the $67,500 resistance zone. The bulls even cleared the 38.2% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. However, the bears were active near the $69,200 resistance zone. The price failed to clear the 61.8% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. There was a fresh bearish reaction and there was a break below a rising channel with support at $67,200 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $67,200 and the 100 hourly simple moving average. If the price remains stable above $66,000, it could attempt a fresh increase. Immediate resistance is near the $67,800 level. The first key resistance is near the $68,500 level. A close above the $68,500 resistance might send the price further higher. In the stated case, the price could rise and test the $69,250 resistance. Any more gains might send the price toward the $69,500 level. The next barrier for the bulls could be $70,000. More Losses In BTC? If Bitcoin fails to rise above the $68,000 resistance zone, it could start another decline. Immediate support is near the $66,000 level. The first major support is near the $65,750 level. The next support is now near the $65,500 zone. Any more losses might send the price toward the $65,000 support in the near term. The main support now sits at $64,200, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $66,000, followed by $65,500. Major Resistance Levels – $67,800 and $68,500.
A cluster of roughly 650,000 Bitcoin sits at the $70,000–$72,000 price range — coins bought by investors who are now waiting to break even. That supply overhang is the wall Bitcoin must climb if its March recovery is going to mean anything. Related Reading: Ripple’s RLUSD Stablecoin Sits On $1.57 Billion In Reserves: Audit Firm A Streak That Hasn’t Been Seen Since 2018 Bitcoin closed March up 2%, snapping five consecutive months of losses. It was the longest such run of red monthly candles since 2018, and data from CoinGlass confirms the streak is over. The final close puts Bitcoin at roughly $68,250 as April opens, with traders watching closely to see whether the momentum holds or fades. The last time Bitcoin strung together six straight losing months was in 2018 going into early 2019. What followed was a sharp turnaround — Bitcoin went on to post gains exceeding 300% over the next five months. THIS IS A MASSIVE DOSE OF HOPIUM. Bitcoin just printed its first green monthly candle after 5 consecutive red months. Let’s hope this is not an April Fool’s joke. pic.twitter.com/dUAw1Yb4aX — Ash Crypto (@AshCrypto) April 1, 2026 Some analysts are pointing to that episode as a rough blueprint for what could come next. Analyst Ash Crypto called the March close “a massive dose of hopium” on X, pointing to the possible shift in momentum as a sign that a sustained recovery could be underway. Trader Satoshi Flipper noted on X that the last time Bitcoin fell for six months straight, it climbed for the following five. That kind of historical comparison draws attention, though it rests on a single prior example. Last time BTC dumped 6 months in a row, it pumped the following 5 months in a row that came after! What are our next 5 months going to look like after BTC just finished dumping 5 months in a row? pic.twitter.com/DviQHfNell — Satoshi Flipper (@SatoshiFlipper) April 1, 2026 The $70,000 Zone Is The Real Test The $70,000–$72,000 range isn’t just a round number. It’s where the 50-day simple moving average, the 50-day exponential moving average, and the cost basis of a large block of investors all converge. Data from Glassnode shows that approximately 650,000 BTC were acquired in that price range — meaning a significant number of holders are underwater and likely to sell once they recover their losses. Breaking through that zone could open the door to $76,000, and potentially $80,000 after that. Trader Sheldon Diedericks said on X that Bitcoin could push up toward $83,000 on the monthly chart — a level that acted as support back in April 2025 and sits close to the 200-day exponential moving average. If the rally stalls, the floor levels matter just as much. The 200-week exponential moving average sits around $68,300 — just below where Bitcoin is currently trading. Below that, $59,400 marks the 200-week simple moving average, and around $54,000 sits Bitcoin’s realized price, a level watched closely as a potential bear market floor. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold April Has A Mixed Track Record Here’s the complication: April doesn’t always follow March’s lead. Based on data going back to 2013, Bitcoin has closed April in the green eight out of 13 years, with average returns around 12%. But nine out of those same 13 years, April moved in the opposite direction from March. More recently, Bitcoin dropped in April after a green March close in three of the four years between 2021 and 2024. Featured image from Meta, chart from TradingView
As quantum computing continues to evolve, questions about its potential impact on Bitcoin are gaining renewed attention. At the center of the debate is whether the world’s largest cryptocurrency could one day be vulnerable to the immense processing power of quantum machines. While the technology is still in its early stages, the discussion around long-term security is becoming increasingly relevant. Amid the frenzy, crypto analyst Luke Martin has shared the only public comment Satoshi Nakamoto made about the quantum computing risk on Bitcoin. Martin revealed on X that in 2010, a user named llama raised concerns about what would happen if BTC cryptographic signatures were broken by quantum technology, and whether that could render BTC worthless. What Satoshi Nakamoto Actually Said About Quantum Risk Satoshi’s response acknowledged that a sudden breakthrough could pose a serious threat, and a gradual advancement in quantum computing would give the network time to adapt and transition to stronger cryptographic methods. He further explained that users could upgrade their software, and upon doing so, their holdings would be re-signed using a more secure algorithm. Related Reading: Bitcoin Bombshell: Google’s 2029 Quantum Warning Sparks New Fear The current narratives surrounding quantum computing as an imminent threat to Bitcoin are being overstated. An analyst known as pika2zero on X argued that the technology is still far from the level required to meaningfully challenge BTC’s cryptography, despite recent claims suggesting otherwise. Pika2zero pointed out that the current most advanced quantum systems operate at around 6,000 qubits and can only be maintained for 13 seconds. In his view, this is nowhere near the scale needed to break modern encryption, which requires 500,000 stable qubits in 9 minutes, especially as the technology is getting exponentially harder. Even minor disturbances are capable of collapsing the entire computation. However, he further questions the assumptions behind the Heisenberg Uncertainty Principle, suggesting that the real requirements for breaking modern cryptography could be millions of qubits, rather than the commonly cited estimates. Building and operating such a machine to attack BTC would require massive resources, potentially only accessible to major technology firms like Google, IBM, or other Bigtech, and would demand enormous energy and infrastructure. From pika2zero’s perspective, an individual hackster can not have a $10 billion supercomputer the size of a building and the energy demand of a small city in his basement to attack BTC. Will Bitcoin Adopt Stronger Quantum Defenses In Time? Senior analyst at CoinDesk and advisor at Coinsilium Group, James Van Straten, has also offered insight into BIP 360 as a short-term solution for quantum resistance. However, it will not address the full scope of the problem. Van Straten argues that using quantum computing to access Patoshi’s coins is estimated at around 1 million BTC and could be considered a fair game. Related Reading: Bitcoin Demand Heats Up: Coinbase Premium Green For 25 Straight Days At the same time, he points to alternative approaches such as Hourglass V2. James noted that the market had previously demonstrated its ability to absorb significant selling pressure and handle close to 1 million BTC over 30 days in December without systemic disruption. Featured image from Pixabay, chart from Tradingview.com
On-chain data shows the average Bitcoin exchange deposit has ballooned to a significant size, a potential sign that whales are making inflows. Average Bitcoin Exchange Inflow Hits 2.62 BTC As pointed out by CryptoQuant community analyst Maartunn in an X post, the mean Exchange Inflow has shot up for Bitcoin. The “Exchange Inflow” here refers to an indicator that keeps track of the BTC transactions that are heading toward centralized exchanges from self-custodial wallets. Related Reading: Dogecoin Network Comes Alive: Active Addresses Jump 28% In the context of the current topic, the version of the metric that’s of interest is the one tracking mean exchange deposits. That is, this indicator measures the size of the average transfer that’s being sent to exchange-related wallets. When the value of the metric is high, it means the average exchange inflow is significant in scale. Such a trend can be a sign that large entities are actively participating in exchange deposit activity. On the other hand, the indicator being low can suggest that smaller hands are the ones responsible for the current exchange inflows. Now, here is the chart shared by Maartunn that shows the trend in the 7-day exponential moving average (EMA) of the mean Bitcoin Exchange Inflow over the past year: As displayed in the above graph, the 7-day EMA of the mean Bitcoin Exchange Inflow has just observed a rapid surge, indicating that whales have potentially ramped up their deposit activity. Generally, one of the main reasons why investors transfer their coins to exchanges is for selling-related purposes, so this spike in the mean Exchange Inflow may be a sign that the big-money hands are preparing to exit from the cryptocurrency. The latest high level of the indicator isn’t ordinarily seen, serving as a rare signal for the network. “The average BTC transaction sent to exchanges climbed to 2.62 BTC, a level that typically only appears during high-stress market moves,” explained the analyst. From the chart, it’s visible that the last time the Exchange Inflow saw a similar surge was alongside the price crash at the start of February. It now remains to be seen whether the latest spike in the indicator will have any effect on the Bitcoin price. Related Reading: Recent Bitcoin Rally Saw Retail Shift To Selling, Glassnode Reveals In some other news, very old Bitcoin hands have shown activity recently, as Maartunn has highlighted in another X post. From the chart, it’s visible that multiple large transactions involving tokens older than ten years have been spotted on the blockchain over the past couple of days. In total, these transactions have broken dormancy for about 600 BTC, worth about $41.2 million right now. BTC Price Bitcoin has made some recovery from its lows as its price has climbed back to $68,500. Featured image from Dall-E, chart from TradingView.com
QCP Group released an article today weighining in the quantum risk for crypto, following the Google whitepaper from March 30 showing Bitcoin‑style elliptic‑curve cryptography can be broken with far fewer quantum resources than previously assumed. Related Reading: Google Says End For Bitcoin Is Near? Quantum Computers Could Attack Crypto This Soon A Bigger Threat Beyond Crypto The crypto-quantum panic continues raging on, with multiple important voices from crypto and technology, such as former Binance CEO Changpeng Zhao (CZ), responding to the report in different ways. QCP’s article, written by Rachel Lee, establishes the firm’s opinion in a simple sentence: the quantum threat is more of a persistent structural challenge than a short‑term market threat. At QCP, we view this as a long-term structural issue, not an immediate market risk. The distinction matters. What Lee means is the target of the threat is not crypto in isolation: it’s the entire public‑key infrastructure stack that also secures banking rails such as SWIFT, TLS/HTTPS, VPNs and wider financial plumbing. A breakthrough in quantum computing that compromises ECC would therefore have system-wide implications, not just for digital assets. This quantum-vulnerability happens because what quantum computers could actually break are public‑key signatures (ECDSA, Ed25519, RSA), not the proof‑of‑work consensus mechanism that make blockchain technology to be considered highly secure. “A Transition, Not a Trigger”, QCP Says Lee reminds us that “we remain a considerable distance” from the technological power that would be needed to break the cited ECDLP standard. As of today, the most advanced quantum systems we have are operating roughly 1,000x below the necessary threshold to even conduct such an attack. More importantly, QCP argues that even in the scenario where we have the computational power that would make any of this possible, digital assets would not be, by ay means, the primary target. TradFi and networks carrying confidential or mission‑critical information are way more tempting targets. The global banking system and sensitive communications infrastructure would present far more immediate and valuable attack surfaces. Paradoxically, this means crypto is better positioned to coordinate contentious upgrades than many siloed banking and government systems that depend on slow hardware refresh cycles and legacy HSMs. The system is already repricing this structurally. Both the crypto sector and traditional finance are already pouring resources into post‑quantum defenses and migration plans. Protocol communities are testing mitigation approaches, even as global security standards are still being refined. Efforts such as the Italian NIST’s post‑quantum standards and Google’s own 2029 internal quantum deadline are grounding the quantum-risk from a sci‑fi edge case into a realistic technological transition. Related Reading: Bitcoin Range Traps Traders At $65K — Are Long‑Term Holders Finally Surrendering? Immediate Market Implications According to QCP, quantum is now a background macro risk factor for crypto, not a near‑term catalyst. It’s more relevant to long‑duration value, L1 roadmaps, and wallet design than to next‑month price action. Quantum computing is a long-term issue the industry should monitor and prepare for, not a near-term reason to reassess digital assets. Protocols and projects that can credibly ship post‑quantum signatures, hardened key‑management and private mempools may attract a “quantum‑ready” premium over time, while assets with ossified governance or huge pools of exposed coins will trade with a structural discount. At the time of writing, BTC trades for the highs $68k on the daily chart. Source: BTCUSD on Tradingview Cover image from Perplexity, BTCUSD chart from Tradingview
Crypto analyst Sykodelic has declared that the Bitcoin bleed is almost over and suggested that BTC is unlikely to drop to $40,000 as some experts predict. He alluded to the 2022 bottom to explain why the leading crypto is likely to find a bottom soon and begin a new bull cycle. Analyst Explains Why Bitcoin Will Soon Find A Bottom In an X post, Sykodelic said the Bitcoin bleed is almost over and that people expecting a drop to the $40,000 range will be sidelined. He further remarked that this is how people who were waiting for a drop to $12,000 were sidelined during the 2022 bottom. Commenting on the current BTC price action, the analyst noted that the leading crypto is trading in the largest pocket of supply it has seen in over five years, just below the higher-time-frame (HTF) bullish structure. Related Reading: Bitcoin Price At $59,000 Is The Line In The Sand, Here’s What You Should Know He stated that back in 2022, the Bitcoin price action was totally different. Back then, BTC had lost its HTF structure, and there was zero demand below. Instead, what was below was “clear air” with Bitcoin dropping below. However, the analyst said such price action is unlikely to occur this time around. Sykodelic said that the most he sees happening this time around is a deviation from the range low at around $60,000, then a reclaim, followed by a push back above $74,400, which would confirm an expanded flat. The analyst added that if a deviation move below $60,000 occurs, it is very likely due to the U.S.-Iran war, and that it could happen in the next two weeks. Lastly, he mentioned that there have been signs of large accumulation across the board, with much greater strength. As such, the analyst is confident that this downtrend will be over much faster than most people expect. Why BTC Could Drop To As Low As $46,000 In an X post, popular crypto analyst Willy Woo stated that old-school on-chain models suggest that Bitcoin will form a bottom between $46,000 and $54,000. He further remarked that the Orange line on the accompanying chart corresponds to the capital stored in BTC, and it has been leaving since November. The analyst also pointed out that the CVDD Floor Model has the advantage of climbing over time and is currently at $45,500. Related Reading: The Last Time Bitcoin Sentiment Was This Bad Was 2022, But There Was A Silver Lining However, Willy Woo cautioned that these models rely on past behavior and that there have been only four prior bear markets, all within a secular bull market in risk equities. As such, he noted that if the foundation collapses, Bitcoin and the broader crypto market will enter uncharted territory, which could lead to a deeper bear market. At the time of writing, the Bitcoin price is trading at around $68,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
What looks like a geopolitical threat aimed at US multinationals could quickly become a crypto story too. That is because several of the companies threatened by Iran now sit inside the infrastructure, payments, and corporate treasury layers that parts of the digital-asset industry rely on. According to the Wall Street Journal, the IRGC warned that […]
The post Crypto faces a new risk as Iran threatens major US companies in the Middle East appeared first on CryptoSlate.
A market expert has outlined five distinct phases in the Bitcoin (BTC) bear market that could indicate when the leading cryptocurrency has hit a bottom. The analysis concludes that the cryptocurrency could still face additional downward pressure before ultimately reaching its final price floor this year. The Early Phases Of Bitcoin’s Price Bottom Ardi, a technical analyst on X, has used the market structure and price movements during the 2022 bear market to predict when Bitcoin could reach a price floor in this current bear cycle. In his analysis, he shared the five phases that could indicate that a bottoming process is already underway. According to the analyst, these five distinct stages have repeated across multiple assets, eras, and cycles, meaning they are not just limited to Bitcoin and could be used to determine the bottom timeline of other cryptocurrencies. He noted that Phase A is marked by an abrupt halt in the previous trend that has been pushing the Bitcoin price downward. He stated that a violent event usually takes place here, breaking the old momentum and forcing the market out of a clean downtrend. Related Reading: What Happens To The XRP Price If The 5D Bottoming Blueprint Repeats Itself? In Phase B, Ardi emphasized that this is where Bitcoin’s trading range will likely begin building. The analyst noted that the market is currently in this stage, suggesting that Bitcoin could still be months away from hitting a bottom. He explained that this stage is typically the longest of the five, often causing investors and traders to lose interest as prices consolidate and move sideways without a clear direction for weeks or months. After this comes Phase C, which the analyst described as a critical “test.” During this period, BTC is expected to make one final move in the direction of its previous downtrend, shaking out the weak hands and trapping bulls. Based on the analyst’s chart, Phase C will likely mark Bitcoin’s final market bottom. However, Ardi expects this move to trigger breakout traders into taking wrong positions, allowing the market to determine whether any significant pressure remains. The Final Stages Of The Bottoming Process Moving forward, Ardi noted that Phase D likely marks the end of the Bitcoin bear market, with a new trend gradually taking shape ahead of a bullish breakout. During this period, Bitcoin’s market structure could begin to strengthen, even as overall sentiment remains cautious, and participants may still feel uncertain about the safety of entering long positions. Related Reading: What Every XRP Holder Must Understand As Activity Wanes For the final phase of this bottoming process, Ardi expects Bitcoin to break out of its range-bound movement, making the emerging bullish trend more visible to the broader market. He noted that most traders trust this stage because it is the first point at which the market’s direction appears clear. However, he warned that this can be a trap. Traders often buy only when conditions feel safe and sell when the trend seems obvious, but by then, they may have already lost their advantage and missed the opportunity to accumulate at lower prices. Featured image created with Dall.E, chart from Tradingview.com
A drop to $54,000 could mark one of the strongest buying opportunities in Bitcoin’s current cycle, according to on-chain data analysts — but the price still sits roughly 20% above that level, and some market watchers say the bottom may not yet be in. Related Reading: More Than 40% Of Altcoins Are Hitting Rock Bottom — And Experts Say It’s Worse Than The Last Crash Realized Price Draws Attention From Long-Term Investors The metric at the center of the conversation is Bitcoin’s Realized Price, currently near $54,000. Unlike the daily spot price, this figure reflects the average cost at which every coin on the network last changed hands. When Bitcoin trades below that level, data shows the market has often been in the grip of fear-driven selling — and historically, those moments have attracted long-term buyers looking to accumulate at a discount. CryptoQuant analyst Tugce highlighted the metric in a recent breakdown, pointing to past cycles where Bitcoin crossed below its Realized Price and later staged significant recoveries. Bitcoin’s Best Buy Zone? History Says This Is It! “Below 54,000 dollars, Bitcoin is cheap compared to the market average, and it is a perfect place to make gradual accumulation and collect Bitcoin.” – By @cryptometugce pic.twitter.com/S9j9Eh7LqX — CryptoQuant.com (@cryptoquant_com) March 31, 2026 She cautioned, though, that investors should not expect a quick turnaround. Recovery timelines have ranged from as few as seven days to more than 300 days in past cycles, and prices can continue falling even after crossing below that threshold. Bitcoin is currently trading at around $67,250 and has lost around 20% so far this year. This decline has been going on for the last five months, starting in October 2025. So far, the total decline from the peak is around 40%. Whale Activity And Institutional Demand Raise Caution Flags Not everyone is looking at the Realized Price with the same level of optimism. According to CryptoQuant’s statistics, whales are moving a lot of Bitcoin into the popular exchange platform Binance. This could possibly be a precursor to a sell-off. The Whale Ratio on the Binance exchange rose from 0.39 on March 25 to 0.66 on March 29 before paring some of the gains. On March 29 alone, the exchange received a net of 2,003 Bitcoins valued at around $134 million. Additionally, the Coinbase Premium Index has once again gone into the red, which could indicate a decrease in institutional interest in the asset class. Global pressures on the markets are also a factor in the current decline of the asset class. Geopolitical tensions and oil prices are at a high, and the bond market is struggling. This has caused a lot of pressure on the asset class in the last few months. Earlier in March, the asset class fell to a low of $65,000 due to the high level of volatility in the markets. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold On average, around now is when #Bitcoin continues its decline in midterm years. pic.twitter.com/JZ7Rcx2wJY — Benjamin Cowen (@intocryptoverse) March 27, 2026 Pattern From Past Cycles Points To Possible Continued Weakness According to crypto analyst Benjamin Cowen, the current scenario in the markets is similar to the midterm cycles of 2014, 2018, and 2022. This is the period when the asset class loses steam between the second and third quarters of the year after a strong bull run in the first half of the year. Therefore, according to this pattern, the current weakness could continue into the future. According to the technical analysis of the asset class’s chart, a bear flag formation could cause the asset class to fall between the range of $50,000 and $41,000. Featured image from Meta, chart from TradingView
The Bitcoin price continues to trade within a defined $60,000–$70,000 range, but this lack of movement is not random—it reflects a market in equilibrium, not expansion. Spot demand is gradually absorbing sell-side pressure, while derivatives have reset, removing excess leverage. As a result, volatility has cooled, and price action has stabilized. But stability is not …
With the first quarter of 2026 over, Bitcoin’s weak showing looks less like a single crypto-specific break and more like the product of a market that spent the past months under growing macro and geopolitical pressure. As Q1 closed out on March 31, Bitcoin was trading near $66,280 and down about 24% for the year, […]
The post Bitcoin’s support system broke in Q1 — and the buyers that used to hold it up stepped back appeared first on CryptoSlate.
Bitcoin defensive positioning is building into a potential Easter-driven slowdown, according to analysts at K33.
Ever since the February drop, the Ethereum price has been trading within a range with predefined resistance and support. In the times when the Bitcoin price is attempting larger moves, ranging from lows around $62,000 to as high as $75,600, the ETH price is failing to secure a range above 2,200. However, the price has …
In March 2026, public companies added over 47 000 BTC to their balance sheets, with Strategy contributing 44 400 BTC through large weekly purchases funded by STRC and MSTR ATM sales. After about 22 000 BTC was sold by nine firms, the net addition was around 25 000 BTC. Outside of Strategy, roughly 15 companies …
Bitcoin price started April back above $68,000 after a late-March relief rally tied to hopes that the Iran war could move toward de-escalation. According to CryptoSlate's data, the flagship digital asset gained more than 3% in the last 24 hours to reach as high as $69,170 before retreating to about $68,456 as of press time, […]
The post Bitcoin traders cheer April’s historic gains, yet one Fed calendar date could flip this rally overnight appeared first on CryptoSlate.
Bitcoin crossed $69,000 USD, amid Trump’s war easing statement. ETF inflow flips to green after 4 consecutive red candles Ethereum, Solana, LINK, Cardano, XRP. Follow the trail with a 3% to 5% Surge in 24h The US-Iran war is now at rest, as Trump announces a temporary pause on attacks on Iranian energy infrastructure. Iran, …
Bitcoin has recently rebounded, closing its first positive month after five consecutive monthly declines, a key psychological milestone for traders. However, the recovery has not been smooth. BTC Price action remains volatile and uneven; the current structure is non-linear, marked by alternating upward and downward moves. While sentiment has slightly improved, the market is still …
A new analysis released by CryptoQuant, written by contributor CryptoMe, suggests that Bitcoin (BTC) may still have room to fall this year, and that the collapse could give the ideal purchasing opportunity for long-term investors. Bitcoin Bottom At $54,000? In a Monday report, CryptoMe highlighted the cryptocurrency’s Realized Price indicator as a key reference point and argued that periods when spot prices dip at or below that level have historically been attractive accumulation zones. The Bitcoin Realized Price is, in simple terms, the market’s average cost basis: the price paid for all coins in circulation weighted by when they last moved. Notably, this Bitcoin metric has frequently acted as meaningful support during past bear markets. Related Reading: XRP Price Alert: Expert Predicts $0.80 On Bitcoin’s Potential Retreat To $60,000 When Bitcoin spot prices drop below the Realized Price indicator, the analyst says, the market is often in a state of capitulation — characterized by negative news, extreme fear, and pervasive pessimism. Bitcoin’s Realized Price sits at roughly $54,000, compared with a market price near $67,000 at the time of writing— a gap of about 19.4% between these levels. CryptoMe argues that if the cryptocurrency were to fall to the Realized Price or below, that area would be a potential market bottom in the current bear cycle, and an optimal zone for spot purchases and step‑by‑step accumulation. Prepare For Drawdowns CryptoMe also reminded investors of two important caveats. First, historical episodes show that when Bitcoin does move beneath the Realized Price, it can remain there for widely varying lengths of time — from as few as seven days to as long as 301 days. The analyst warned prospective buyers at these levels to be prepared for a potentially extended period of underperformance before prices recover. Related Reading: US Labor Department Eyes 401(k) Crypto Access, Bitcoin Considered In New Rule Second, a drop below the Realized Price indicator does not imply a fixed floor: CryptoMe asserts that the broader crypto market may fall further, and investors must be ready for deeper drawdowns. Despite those warnings, the analyst concluded on a bullish note: “Below $54,000, Bitcoin is cheap compared to the market average, and it is a perfect place to make gradual accumulation and collect Bitcoin.” After failing to break through the key resistance level of $76,000 last week, Bitcoin has dropped by almost 12% to its current trading price. This surge in volatility has been linked to increased Middle Eastern tensions and rising oil prices, which have caused investors to withdraw their funds from riskier assets. As a result, Ethereum (ETH), XRP, and Solana (SOL) have all followed Bitcoin’s price movement, falling to crucial support levels. Featured image from OpenArt, chart from TradingView.com
Analysts said long-term conviction in bitcoin is still intact, noting that the decline is more cyclical than fundamental.
On-chain analytics firm Glassnode has revealed how the smaller Bitcoin investor cohorts shifted toward distribution in the recent rally. Bitcoin Accumulation Trend Score Shows Selling From Small Entities In a new post on X, Glassnode has talked about the recent trend in the Bitcoin Accumulation Trend Score. This on-chain indicator basically tells us about whether BTC investors are accumulating or distributing right now. The metric accounts for two factors when calculating its value: the 30-day balance changes happening in the wallets of the investors and the size of those wallets. The latter factor means that larger entities have a higher weightage in the score. Related Reading: Dogecoin Still Trapped In Triangle—29% Move Brewing? When the value of the indicator is greater than 0.5, it means the investors are in a phase of accumulation. The closer is the metric to 1, the stronger is this behavior. On the other hand, the Accumulation Trend Score being under 0.5 suggests distribution is dominant, with the strongest selling occurring at the zero mark. In the context of the current topic, the Accumulation Trend Score of the collective network isn’t of interest, but rather the Wallet Size version, which showcases the behavior of the various investor cohorts divided based on balance size. Below is the chart shared by Glassnode that shows the trend in the Bitcoin Accumulation Trend Score by Wallet Size over the last few months. From the graph, it’s visible that the Bitcoin Accumulation Trend Score took on a shade of blue for some of the groups during February, suggesting investors of various sizes were accumulating. In March, however, distribution has become dominant, with holders across the board participating in no or little accumulation. Two cohorts in particular stand out for their behavior: the below 1 BTC and 1 to 10 BTC ones. These groups, which correspond to the smallest of investors in the market, took to heavy distribution at the start of March, with the Accumulation Trend Score hitting close to zero. From the chart, it’s visible that BTC’s surge toward $76,000 was met with continued selling from these groups, suggesting that the retail hands were exiting alongside the recovery. Recently, BTC’s recovery has retraced, but behavior among the below 1 BTC and 1 to 10 BTC cohorts hasn’t changed. That said, the 1,000 to 10,000 BTC group has seen the metric just edge past the neutral zone, a sign that the whales are participating in some accumulation. Related Reading: OG Bitcoin On-Chain Models Could Hint At $46,000-$54,000 Floor: Analyst On the whole, though, Bitcoin holder behavior remains largely that of distribution. “Broad-based accumulation across wallet sizes remains absent, limiting the sustainability of upward moves,” noted the analytics firm. BTC Price Bitcoin has stayed down since its latest plunge as its price has continued to trade around $66,700. Featured image from Dall-E, chart from TradingView.com
On April 1, 2013, Bitcoin traded above $100 for the first time, a major milestone in its early market journey. Just four years earlier, Bitcoin had little to no monetary value. The surge past $100 came during a period of rising global financial stress, including the Cyprus banking crisis, which increased demand for alternatives to …
BitGo will serve as custodian and liquidation agent responsible for liquidating bitcoin to make interest and principal payments.
Bitcoin price started a recovery wave above $67,500. BTC is now consolidating below $68,800 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,200. The price is trading above $67,000 and the 100 hourly simple moving average. There is a rising channel forming with resistance at $68,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,500 and $68,800 levels. Bitcoin Price Eyes Recovery Bitcoin price formed a base above $65,500 and started a recovery wave. BTC was able to settle above $66,000 to move into a short-term positive zone. The price climbed above the $67,200 resistance zone. The bulls even cleared the 38.2% Fib retracement level of the downward move from the $71,986 swing high to the $65,030 low. However, the bears are now active near the $68,500 resistance zone. Bitcoin is now trading above $67,000 and the 100 hourly simple moving average. If the price remains stable above $67,000, it could attempt a fresh increase. Immediate resistance is near the $68,500 level or the 50% Fib retracement level of the downward move from the $71,986 swing high to the $65,030 low. The first key resistance is near the $68,800 level. There is also a rising channel forming with resistance at $68,800 on the hourly chart of the BTC/USD pair. A close above the $68,800 resistance might send the price further higher. In the stated case, the price could rise and test the $69,250 resistance. Any more gains might send the price toward the $69,500 level. The next barrier for the bulls could be $70,000. Another Drop In BTC? If Bitcoin fails to rise above the $68,800 resistance zone, it could start another decline. Immediate support is near the $67,000 level. The first major support is near the $66,800 level. The next support is now near the $65,800 zone. Any more losses might send the price toward the $65,800 support in the near term. The main support now sits at $65,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $67,000, followed by $65,800. Major Resistance Levels – $68,500 and $68,800.
About 97% of the machines used to mine Bitcoin currently come from companies based in China. This heavy reliance on foreign technology has created a bottleneck at American ports and raised alarms about the long-term security of the network. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold To fix this, US Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act. The bill aims to move the production of specialized computer chips and mining rigs onto American soil. Cleaning Up The Mining Supply Chain The proposed law creates a special “Mined in America” certification for data centers. To earn this label, a facility must prove it is not using equipment made by “foreign adversaries.” This would force a massive shift in how the industry operates. Right now, most miners buy their hardware from Chinese giants like Bitmain or MicroBT. Under the new rules, companies would have to phase out that gear in favor of US-made alternatives. It is a bold attempt to build a domestic industry from the ground up. Digital asset mining is a big part of our economy. We should be doing it here in America. Proud to introduce the Mined in America Act with @SenLummis, which secures supply chains, backs U.S. manufacturing, and supports this key industry.https://t.co/qZdv6SEe3g — U.S. Senator Bill Cassidy, M.D. (@SenBillCassidy) March 30, 2026 Reports indicate that federal agencies would play a major role in this transition. The National Institute of Standards and Technology would be tasked with helping US manufacturers develop more efficient chips. This move is designed to ensure that the US does not just host the mining power, but actually owns the technology behind it. By making the hardware at home, the industry could avoid the shipping delays and customs seizures that have slowed down growth over the last year. Connecting Mining To National Reserves The legislation does more than just worry about hardware. It also seeks to lock in a plan for a Strategic Bitcoin Reserve. US President Donald Trump has previously expressed support for the government holding a stockpile of the digital currency. This bill would codify that idea into law. It suggests that the Bitcoin held in this national reserve should ideally come from “Mined in America” facilities. This creates a direct link between national security and the computers humming in rural warehouses across the country. Related Reading: Bitcoin Faces Fresh Pressure As Oil Crosses $104 For First Time In 4 Years Data shows the US currently accounts for roughly 38% of the global hashrate, which is the total computing power used to secure the Bitcoin network. While that makes the US a leader in operations, it remains a follower in manufacturing. Officials said the bill would use the Manufacturing Extension Partnership to give small and medium-sized American factories the tools they need to compete. The goal is to turn Bitcoin mining into a pillar of American industrial policy rather than just a niche financial activity. Featured image from Unsplash, chart from TradingView
Tech mogul Elon Musk is convinced that quantum computers could enable the recovery of lost crypto wallet passwords – a plus side of the computing technology amid all the recent buzz of the great risks it poses to blockchain and cryptocurrencies. Blockchain analytics estimates that at least 3-4 million Bitcoin (BTC), or 15%-20% of the …
Bitcoin may no longer be moving in lockstep with the S&P 500 over a short time frame, but that does not mean it has escaped the broader risk-off regime. In Axel Adler Jr.’s latest morning brief, the more important signal is not the breakdown in short-term correlation, but Bitcoin’s continued relative weakness against US equities. Bitcoin Weakens Against The S&P 500 Adler’s argument rests on two charts that, taken together, push back on the increasingly familiar claim that a lower BTC-equity correlation automatically points to decoupling. The first is the 13-week BTC-S&P correlation, which has recently turned negative and stayed below zero. On the surface, that could look constructive for Bitcoin. But Adler argues that the reading is easy to misinterpret. “The 13-week correlation measures how closely the weekly returns of BTC and the S&P 500 have moved together over a short window,” he wrote. “Over recent weeks, the short-term correlation has turned negative and has been holding below zero. At first glance this might look like a loosening of the link between BTC and equities – but in practice it more likely reflects the choppy nature of recent weeks, where isolated Bitcoin bounces have alternated with continued weakness in the index.” Related Reading: OG Bitcoin On-Chain Models Could Hint At $46,000-$54,000 Floor: Analyst That distinction is central to the note. A falling or negative correlation only says that the two assets are no longer moving neatly together over that window. It does not say Bitcoin is strong. It does not say capital is treating BTC as a defensive asset. And it does not confirm that the market has begun to price Bitcoin independently of the same macro pressures hitting equities. For that, Adler points to the second chart: the BTC/S&P price ratio. This is where the case for decoupling breaks down. The ratio, which tracks Bitcoin’s performance relative to the S&P 500, has declined since the start of the year and remains under pressure. In practical terms, that means Bitcoin has been underperforming stocks even during periods when the short-term correlation has weakened. “What matters to the market here is not the fact of negative correlation per se, but whether it is accompanied by sustained BTC outperformance over the S&P,” Adler wrote. “That confirmation is not there yet, so it is too early to talk about Bitcoin achieving genuine independence from the risk-off regime.” Related Reading: JPMorgan Says Bitcoin Is Beating Gold And Silver During The Iran War That framing matters because it shifts the focus away from a single statistical measure and back toward market behavior. If Bitcoin were truly decoupling, the relative-strength picture would likely be improving. Instead, Adler argues, the market is still assigning Bitcoin the role of a higher-beta risk asset, one with “higher risk and a larger drawdown amplitude” than the index. He makes the point even more explicitly in the note’s conclusion. “The market is currently sending an uncomfortable but fairly honest signal,” Adler wrote. “The S&P 500 continues to decline, and BTC is not merely staying vulnerable to external risk-off pressure – it continues to underperform the index in relative terms. The prevailing regime remains risk-off.” In that framework, the more useful trigger to watch is not whether correlation stays negative for another week, but whether the BTC/S&P ratio can reverse and hold higher. Adler says only “a new stable regime” of relative outperformance would support a real decoupling thesis. Until then, the market message remains straightforward: the relationship between Bitcoin and equities may have become less linear, but not less risk-sensitive. At press time, BTC traded at $66,652. Featured image created with DALL.E, chart from TradingView.com
There are now over 47 million cryptocurrencies in existence. That number alone may explain a lot of what is happening to prices of altcoins right now. Related Reading: Bitcoin ETFs Pull In $56B As CEO Pitches Crypto Over Gold Altcoins: A Market Spread Too Thin Blockchain networks have become token factories. Solana hosts more than 22 million tokens. Base accounts for over 18 million more. BNB Smart Chain adds another 4 million on top of that. With that much supply chasing a limited pool of investor money, most of these assets simply cannot attract enough buyers to hold their value. Analysts call it liquidity dilution — capital spread too thin to support the crowd. That structural problem is now showing up in the numbers in a dramatic way. Data from CryptoQuant shows that over 40% of all altcoins are currently trading at or near their all-time lows. More than 40% of Altcoins near All-Time Lows “This is even higher than during the previous bear market, which peaked at ~38%… However, when such extreme underperformance appears, it can also create very attractive opportunities.” – By @Darkfost_Coc pic.twitter.com/XvAmKiKyyQ — CryptoQuant.com (@cryptoquant_com) March 30, 2026 That figure surpasses the previous bear market peak of around 38%, making this cycle the worst on record for altcoin performance. CryptoQuant analyst Darkfost put it bluntly. Altcoins, he said, have never faced this kind of pressure in the current cycle. Staggering Losses The losses across individual coins are staggering. Bitcoin has fallen roughly 45% from its all-time high — painful, but modest compared to what has happened further down the market cap rankings. XRP has shed 60% from its peak. Solana sits 70% below its high. Cardano has collapsed 90% from where it once traded. Some smaller assets are in even worse shape. VeChain is down approximately 98% from its record price and is hovering just above an all-time low. Ethena hit a new all-time low recently, last trading around $0.09. Arbitrum and SUI are both sitting at levels where a further drop would push them into all-time low territory. Macroeconomic uncertainty and geopolitical tensions have added weight to an already fragile market. Risk assets across the board have taken hits, and crypto — altcoins above all — has absorbed some of the heaviest blows. Related Reading: 8.25M XRP Exit Long-Term Holders As Whales Buy $1.20–$3 Bitcoin Holds Up. Most Altcoins Don’t. Bitcoin’s relative steadiness compared to the rest of the market has drawn attention. While it is not immune to the selling pressure, its decline has been far less severe than what altcoins have experienced. That gap between Bitcoin and the broader crypto market is a defining feature of this particular downturn. Featured image from Unsplash, chart from TradingView
Bitcoin rose back above $68,000 on March 31 after markets began to bet on a resolution to the Iran-US-Israel War and Iranian President Masoud Pezeshkian said Tehran was prepared to end the war under certain conditions. Data from CryptoSlate showed the broader crypto market added about $40 billion in value after the remarks. Bitcoin climbed […]
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