Bitcoin price failed to stay above $68,800 and declined further. BTC is now consolidating below $68,000 and might continue to move down. Bitcoin started a fresh decline from well above the $70,500 zone. The price is trading below $68,800 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,250 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 $68,800 levels. Bitcoin Price Extends Losses Bitcoin price failed to continue higher above $71,200 and reacted to the downside. BTC trimmed gains and declined below the $70,000 support. The bears pushed the price below $68,800 and $68,000. The price tested the $65,000 zone. A low was formed at $65,030, and the price is now consolidating losses near the 23.6% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. Bitcoin is now trading below $68,000 and the 100 hourly simple moving average. There is also a bearish trend line forming with resistance at $67,250 on the hourly chart of the BTC/USD pair. If the price remains stable above $65,750, it could attempt a fresh increase. Immediate resistance is near the $68,000 level. The first key resistance is near the $67,250 level and the trend line. A close above the $67,250 resistance might send the price further higher. In the stated case, the price could rise and test the $68,500 resistance or the 50% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. Any more gains might send the price toward the $69,200 level. The next barrier for the bulls could be $70,000. More Losses In BTC? If Bitcoin fails to rise above the $68,500 resistance zone, it could start another decline. Immediate support is near the $65,750 level. The first major support is near the $65,000 level. The next support is now near the $64,200 zone. Any more losses might send the price toward the $64,000 support in the near term. The main support now sits at $63,500, 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 just the 50 level. Major Support Levels – $65,750, followed by $65,000. Major Resistance Levels – $67,250 and $68,500.
Institutional money has been pouring into Bitcoin at a scale that would have seemed far-fetched just a few years ago. Since the launch of Bitcoin exchange-traded funds, roughly $56 billion has flowed in from asset managers around the world — a shift that Bitmine CEO Tom Lee says is changing how serious investors think about protecting wealth. Related Reading: Ethereum Sets User Record As Price Lags Far Behind Network Growth Gold’s Track Record Under Scrutiny Speaking at the Futu Investment Exhibition, Lee made a pointed case against gold’s long-held reputation as the go-to inflation shield. Historical data, he said, shows gold has failed to keep pace with inflation about 48% of the time over the past 55 years. That’s a striking number for an asset millions of investors hold precisely because they believe it protects purchasing power. Gold prices have also taken a hit recently, dropping over 15% in the past week to trade around $4,493. Bitmine CEO：Bitcoin Beats Inflation 97% of the Time, Far Outperforming Gold Bitmine CEO Tom Lee stated the crypto winter is ending at the Futu Investment Exhibition. He believes Bitcoin is a better inflation hedge than gold, outperforming inflation 97% of the time since its… pic.twitter.com/H5LfaePnRe — Wu Blockchain (@WuBlockchain) March 27, 2026 Bitcoin, by contrast, has outperformed inflation 97% of the time since its creation in 2009, according to Lee. He pointed to the asset’s hard cap of 21 million coins as a key reason why. Supply cannot be expanded. No central bank can print more of it. That fixed ceiling, combined with rising demand from institutions, is what Lee says makes Bitcoin a stronger modern hedge than gold. “Many investors hold large amounts of gold for protection, but may be missing exposure to Bitcoin,” Lee said. Wall Street’s Growing Appetite The ETF numbers back up at least part of that argument. Billions of dollars have moved into Bitcoin-focused funds as major asset managers add the cryptocurrency to client portfolios. Reports indicate this trend has pushed Bitcoin further from its early reputation as a speculative bet and closer toward a mainstream financial instrument — the kind typically compared to commodities like gold or oil. Bitcoin was trading near $66,000 at the time of Lee’s remarks, though the price had slipped about 3.35% in the preceding 24 hours. Ethereum Gets A Mention Lee’s presentation didn’t stop at Bitcoin. He also flagged Ethereum as a potential infrastructure layer for Wall Street’s future, saying the blockchain could be used for tokenization, settlement, and broader financial operations. Related Reading: XRP Futures Market Keeps Resetting As Whales Accumulate Amid Mixed Signals Reports note that Lee sees growing connections between crypto networks and traditional finance — particularly as institutions look for faster, programmable ways to move and settle assets. Whether that vision plays out remains to be seen. But the flow of institutional capital into Bitcoin ETFs suggests that at least part of Wall Street is no longer treating crypto as an afterthought. Featured image from Unsplash, chart from TradingView
After declining to around $65,500 on Friday, Bitcoin appears to be recovering slowly this weekend. Having briefly reclaimed the $67,000 level on Saturday, March 28, the premier cryptocurrency seems to be enjoying a brewing bullish momentum. According to the latest on-chain data, the Bitcoin price might be preparing for a broader expansion to the upside over the next few weeks. BTC Net Short Positions Jump 52% In Two Days In a recent post on the social media platform X, popular crypto trader Ali Martinez shared an insight into the general sentiment among the crowd in the world’s largest cryptocurrency market. The crypto analyst revealed that a record number of traders are currently betting against the price of Bitcoin. Related Reading: Binance Users Register Record Gold Futures Trading Activity – What This Means This on-chain observation is based on the Net Short metric, which measures the difference between the number of new short positions opened and the number of existing short positions closed over a given period. Typically, a positive value suggests that more new positions are being opened more than closed, while a negative Net Short metric signals otherwise. According to data highlighted by Martinez, the number of “short” positions being taken by the Bitcoin traders is up by more than 52% over the past two days. This trend has perhaps been influenced by the waning momentum — as evidenced by the fall to $65,500 — of the BTC price in the last few days. Merely looking at this piece of data, it could be concluded that the crowd sentiment is tilting toward the bearish side of the market, implying potential further downside for the premier cryptocurrency. However, historical trends show that the crypto market tends to move in the opposite direction of the crowd. Martinez wrote on X: Historically, when everyone leans too far to one side, the opposite often happens. If BTC starts to climb, all those people betting against it will be forced to buy back in, potentially fueling a powerful “short squeeze” to the upside. Typically, a short squeeze is a phenomenon where the price of a cryptocurrency (Bitcoin, in this case) rises unexpectedly, forcing short traders to try to cover their positions by buying the asset. The forced liquidation of these short positions also adds fuel to the further upward price movement. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $66,880, reflecting a nearly 2% jump in the past 24 hours. Related Reading: Crypto Trader Predicts Bitcoin Price Will Hit $100,000 Again When This Happens Featured image created by DALL.E, chart from TradingView
Bitcoin's price dropped below $67,000 this weekend, after a brutal slide that left it more than 40% below its October 2025 peak. In February, BTC had fallen about 47% from its high near $126,000. In an earlier version of this market, that kind of drop would cause all kinds of ugly reactions that would spread […]
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Santiment data shows that bearish sentiment language is flooding social media at peak levels. However, this might actually be a good thing for smart bullish investors, as the sentiment data proposes that what retail traders are saying may be setting up the opposite move in price. Social Media Fear Shows Fading Bullish Language Data from Santiment’s social dominance tracking tool shows a vivid rise in bearish language dominating Bitcoin-related discussions on social media platforms. Terms like “crash,” “dip,” “pullback,” and “bloodbath” are now appearing more frequently across social platforms, and this is a direct reflection of the fear among retail participants. Santiment’s social dominance tracking tool monitors the balance between bullish and bearish language across crypto-related social media in real time. Related Reading: XRP Futures Market Keeps Resetting As Whales Accumulate Amid Mixed Signals At the same time, optimistic phrases tied to rallies, such as “buy,” “accumulation,” or “mooning,” have faded into the background. As bearish as this may sound, history shows that this imbalance between fear and greed has always been associated with turning points for crypto prices. As of late March 2026, Santiment’s chart shows that fearful language is once again heating up, with the metric flagging the current moment as a zone comparable to prior “Buy” signals marked throughout the past 13 months. Each of those prior signals, which are shown in the chart image below and visible across February, April, August, October, and November 2025, preceded meaningful upside moves in Bitcoin’s price action. On the other hand, every major Santiment-marked “Sell” signal where bullish language peaked corresponded with local price tops. The most prominent of these occurred in late November 2025 and again in mid-January 2026, both of which were followed by price crashes. Crypto Sentiment On Social Media. Source: Santiment On X Bitcoin Network Activity Tells A More Complicated Story Price alone, however, may not be enough to confirm a durable bottom. CryptoQuant data on Bitcoin active addresses introduces an important caveat: network participation has declined by more than 30% from its August 2025 peak. During the height of Bitcoin’s bull run in August 2025, active addresses reached 938,609 on a single day, with the 30-day moving average sitting above 743,000. However, daily active addresses have fallen to 655,908 in late March, with the 7-day moving average now around 613,000 and the 30-day average at 636,000. Bitcoin Active Addresses. Source: CryptoQuant This cooling in activity means that fewer participants are actively transacting on the Bitcoin blockchain network. This is another reflection of the lack of bullish price action, lack of investor engagement, and a prolonged consolidation phase. Related Reading: UK Slaps Sanctions On $20B Crypto Black Market Tied To Southeast Asia Scam Rings According to a crypto analyst on the CryptoQuant platform, a price recovery alone may not be enough to validate a convincing structural recovery. Active participants, wallets transacting, moving coins, and engaging with the network at scale will also be required for any structural recovery. Featured image from Unsplash, chart from TradingView
Bitcoin’s recent price action confirms a clear structural breakdown, ending weeks of compression and shifting momentum to the downside. While a short-term bounce remains possible as price fills nearby imbalances, the broader outlook stays bearish. Unless key resistance levels are quickly reclaimed, any upside move is likely to be temporary, with further downside pressure expected. Rising Channel Breakdown Signals Shift In Structure According to a BTC update by crypto analyst Columbus, the market structure has finally broken down after weeks of compression. Price had been coiling within a rising channel, forming higher lows that pressed into overhead resistance. Instead of acceptance higher, Bitcoin faced rejection at trend resistance, followed by a decisive breakdown. Related Reading: Bitcoin Slumps As Traders Turn Defensive: Options Market Flashes Red Warning Signal Current price action suggests continuation to the downside. What once looked like bullish compression has now transitioned into a potential distribution phase. Key liquidity levels now sit below. The $64,000 region stands as the first major magnet, supported by prior reactions and stacked bids. Beneath that, the $62,000 zone represents a deeper sweep area, especially if selling pressure accelerates. Earlier expectations were clear: acceptance above resistance would confirm continuation, while rejection would trigger a move lower. However, the market has chosen the latter. Unless price quickly reclaims the channel and holds above the $68,000 level, any upward movement is likely to be a relief rally into supply, with short-term bias remaining bearish while monitoring reactions around $64,000. Bitcoin 4H Structure Flip Signals Bearish Control Analyzing Bitcoin’s 4H timeframe, analyst Minga noted that weekends, especially Saturdays, typically come with reduced movement. However, current bias leans neutral to slightly bullish, as price is reacting from the weekly lows region. Holding above the blue order block (OB) below remains key, as it keeps the door open for a potential retest of the $67,300 level. Related Reading: Bitcoin Preparing For Liftoff Or Another Drop? Key Levels To Decide Despite that short-term bounce, the 4H market structure has already flipped bearish. The recent downside move has also left behind a noticeable imbalance, which the price tends to revisit and fill either over the weekend or heading into early next week. A successful reclaim of the $67,300 level could trigger a stronger corrective move higher toward $68,800, which now stands as a critical zone for bearish continuation. Thus, any rally into it could present resistance and set the stage for another leg down in line with the broader trend. There is also a possibility that the price will sweep into the lower boundary of the blue OB before any meaningful move higher. Regardless of the exact path, the imbalance left behind from the previous move is expected to be filled. For that reason, short-term sentiment leans slightly bullish on the lower timeframes, but with a bearish retest before continuation in line with the prevailing downtrend. Featured image from Getty Images, chart from Tradingview.com
Bitcoin is currently trading around $66,400, which is almost 48% below its all-time high of $126,080 set in October 2025, and a technical analysis is drawing a line in the sand for the correction. According to a crypto analyst known as Leshka.eth, Bitcoin is now approaching a price level that will determine whether this cycle survives or collapses into a full reset. That line is $60,000, and whether it holds may shape Bitcoin’s price trajectory for the rest of the year. Related Reading: UK Slaps Sanctions On $20B Crypto Black Market Tied To Southeast Asia Scam Rings $60,000 As The Important Line Of Defense According to crypto analyst Leshka.eth, the $60,000 price is now the most important zone for Bitcoin in the current market structure. This level is what the analyst describes as the final barrier that will determine whether a deeper correction plays out to lower price levels. Bitcoin has been trading around the low $70,000 region in recent sessions, and the past 24 hours have been characterized by another 3.3% drop. Although its current positioning keeps it comfortably above the $60,000 level for now, the margin is no longer wide enough to ignore downside risks. The weekly candlestick chart shared by the analyst shows how previous breakdowns from similar structures have led to price crashes. However, it is important to note that Bitcoin has not lost the $60,000 price level this cycle, with the early February crash finding a bottom around $63,000. This context makes the $60,000 level particularly significant. It has kept on acting as a solid floor throughout the past two months, helping to maintain the higher price structure between $63,000 and $76,000. Therefore, a loss of $60,000 would mean that buyers have lost control of an important structural level that has supported the Bitcoin price throughout the current cycle. Bitcoin Price Chart. Source: @leshka_eth On X The Macro Trendline In Every Bitcoin Cycle The broader structure becomes clearer when looking at the long-term trendline drawn across multiple Bitcoin cycles. The trendline, which is drawn on the weekly candlestick chart from 2018 through to a projected 2028, connects the deepest cycle lows that formed during extended bearish price action. In late 2018, Bitcoin topped out, collapsed, and fell to the trendline in 2020 before entering a prolonged accumulation phase near the lows. It then finally surged into the 2021 cycle top. The same structure repeated in the 2022 bear market: Bitcoin crashed from its peak, returned to the macro trendline in 2023, accumulated, and launched into a new cycle that carried it to $126,080 in October 2025. Related Reading: Shiba Inu Under Pressure As Nearly 40B Netflow Surge Hits Exchanges That trendline is now around the $40,000 price level. According to the analyst, if $60,000 holds, then the cycle survives. If it breaks, $40,000 becomes the bottom and accumulation starts over, Leshka.eth wrote in the post on X. Featured image from Pexels, chart from TradingView
A worst-case scenario is now on the table. Some analysts say Bitcoin could fall as low as $41,000 if a bear flag pattern currently forming on price charts plays out — a warning sign drawing attention as the cryptocurrency trades near $66,000, roughly half of what it was worth at its recent high. Related Reading: Ethereum Sets User Record As Price Lags Far Behind Network Growth Geopolitical Shock Hits At A Bad Time The closure of the Strait of Hormuz sent oil prices surging this week, rattling global markets and pulling risk assets lower. Bitcoin was caught in the selloff. Prices slipped below $66,000 as traders weighed rising energy costs, stubborn US inflation, and fresh stress in the bond market. The timing of the geopolitical flare-up has made an already fragile price setup harder to defend. A bear flag pattern — a technical chart signal where prices briefly consolidate after a decline before continuing lower — is now visible on Bitcoin’s chart. Based on reports from market analysts, the pattern puts an initial downside target near $50,000, with the $41,000 level emerging as a deeper floor if selling pressure intensifies. Bitcoin is down 47% from its peak. That kind of drawdown might sound alarming, but analysts who track long-term crypto cycles say it fits a pattern that has shown up before. A Cycle That Has Played Out Before Data shows that Bitcoin tends to lose momentum in midterm years. Reports going back to 2014, 2018, and 2022 show a recurring sequence: prices start the year relatively stable, fade through late Q1 into early Q2, and then grind lower through the summer months. The 2026 price action has tracked this historical average closely. On average, around now is when #Bitcoin continues its decline in midterm years. pic.twitter.com/JZ7Rcx2wJY — Benjamin Cowen (@intocryptoverse) March 27, 2026 Analyst Benjamin Cowen, who has followed Bitcoin’s multi-year cycles, points to what he calls the mid-cycle dip zone — a phase that typically follows a major bull run and stretches across several quarters. According to Cowen, midterm years are not crash events. They are cooldown periods. Rallies lose steam. Volatility picks up. Corrections run longer than most investors expect. That description fits what is happening now. Following a strong run in 2025, Bitcoin’s year-to-date performance has tilted negative, matching the kind of softening seen in prior cycles. Related Reading: UK Slaps Sanctions On $20B Crypto Black Market Tied To Southeast Asia Scam Rings Patience May Be The Only Strategy Left For long-term Bitcoin holders, the message from analysts is straightforward: this has happened before, and it has always eventually ended. But the short-term picture offers little comfort. Macro pressures are stacking up at the same moment that Bitcoin’s chart structure is weakening, and there is no clear catalyst in sight to reverse the trend. Featured image from Unsplash, chart from TradingView
The Bitcoin price has been trading below $100,000 for months now, and there has been no attempt to reclaim this level. Even now, the price continues to trade more than 40% below its all-time high, as massive sell-offs continue to push the price down. Amid this widespread selling and negative macroeconomic factors, a crypto analyst has revealed when they expect the Bitcoin price to reach the $100,000 mark again before attempting a new all-time high. End Of Iran War Will Drive Bitcoin Price Back in February, the United States had apparently carried out coordinated strikes on the Iranian military, eventually leading to what is now known as the US-Iran war. This move affected financial markets across the globe, and Bitcoin was not left out. Even now, the cryptocurrency market continues to feel the impact of the conflict as inflows have slowed down. Related Reading: Ethereum Accumulation Map Reveals Price Roadmap To $20,000 This negative macroeconomic climate has put a damper on the Bitcoin price, and investors remain wary. While the war rages on, the expectation is that financial assets will continue to struggle, especially as oil prices rise. However, the real move is expected to come in the event of a ceasefire. According to a pseudonymous crypto analyst, who goes by @RoccobullboTTom on X (formerly Twitter), the Bitcoin price will surge when the US-Iran war ends. The analyst explains that this will be the catalyst that will eventually push the BTC price back above $100,000. But When Will BTC Reach A New ATH? The crypto analyst takes a look at past Bitcoin performances in the analysis. The first of these was when the Bitcoin price had done its initial run from the $15,000 low recorded in 2022. Then, there was the rapid rise from $49,000 to $104,000 that took place in 2024. Last but not least was the notable 2025 rally that took the Bitcoin price to $126,000 all-time high of $126,000 in 2026. Related Reading: Expert Analyst Says Bitcoin Expansion Is Over, It Won’t Rally Until This Is Over All of these bull runs have seen the Bitcoin price rise more than 100% from its previous levels in order to make new all-time highs. Taking this into account, the crypto analyst believes that the next bull run could take the Bitcoin price between $150,000 and $200,000. Nevertheless, all of these continue to hinge on the improvement of macroeconomic factors. Most notably, the end of the Iran war is likely to be the catalyst that puts the digital asset on the way to its new all-time highs. Featured image from Dall.E, chart from TradingView.com
The latest Bitcoin (BTC) price drop has raised concerns about the cryptocurrency’s upcoming performance, with some analysts warning that BTC’s next key closes could signal the start of another major correction. Related Reading: Dogecoin Bottom Not In? Analyst Warns DOGE’s Macro Downtrend Won’t Be Over Soon Bitcoin Risks Another Major Crash On Friday, Bitcoin plunged over 7% intraday to a three-week low of $65,700, raising concerns about the flagship crypto’s short- to mid-term performance. The cryptocurrency has been trading between the $65,000-$72,000 levels since the early February crash. After its latest drop, analyst Altcoin Sherpa noted that holding the current levels is crucial, as losing this boundary could quickly send BTC’s price 6%-10% down to the next support area, around $60,000-$62,000. Several market observers also warned that the cryptocurrency is currently breaking down a crucial bearish formation, which could also trigger a massive crash to newer lows if the price doesn’t bounce soon. Notably, Bitcoin has been forming a bear flag pattern on the daily timeframe for nearly two months, retesting the formation’s lower boundary on multiple occasions. However, BTC now risks losing this level as support, as it shows multiple concerning signs. Ted Pillows asserted on X that Bitcoin is not only dropping in price but also losing momentum as it has lost its RSI uptrend. “A major sign of weakness,” he added. The analyst also emphasized that BTC’s breakdown “is only a matter of when, not if,” cautioning that the flagship cryptocurrency has already broken down of a similar two-month bear flag pattern at the start of the year. Meanwhile, Ali Martinez suggested that BTC could drop another 30%-45% based on its historical performance over the past decade. As he explained, Bitcoin has kicked off new bull runs after dropping below its long-term holder realized price, and it’s −0.2 standard deviation band, located at the $48,387 and $36,657 levels, respectively. “I’ll be watching these zones for dip-buying opportunities ahead of the next bull cycle,” he stated. All Eyes On BTC’s Weekly Close Analyst Rekt Capital highlighted another concerning sign for Bitcoin, noting that BTC has once again dropped below the 200-week Exponential Moving Average (EMA). Amid this drop, the cryptocurrency is treating this level as resistance once more, putting the focus on the upcoming weekly close. The analyst previously explained that “If the 200-week EMA is lost as support this week and price Weekly Closes below it again, Bitcoin could actually turn the EMA into new resistance.” Last week, the largest crypto by market capitalization technically closed below the 200W EMA after attempting to “post-breakout retest” it as support, but failing to end the week above the $68,000 area. “That means that price technically kickstarted a breakdown from the EMA,” and a weekly close below this level would confirm it. Related Reading: Bitwise CIO Projects Circle To Hit $75B Valuation By 2030 Despite Selloff, Clarity Act Concerns “Given this latest Weekly Close, there is therefore scope for another dip into the 200-week EMA for another retest to see if BTC can solidify a reclaim into support,” he detailed, “But the overall suspicion has become confirmed: The 200-week EMA is acting as both an unreliable resistance and an unreliable support, never truly confirming a clear role.” The analyst concluded that the indecisiveness could lead to further retests of this area “before ultimately breaking down into additional Macro Downside over time.” As of this writing, Bitcoin trades at $65,600, a 6% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Investor sentiment in the crypto market sits at its lowest point in months — and the biggest Bitcoin holders are treating it like a buying window. Retail Sellers, Whale Buyers While everyday investors have been stepping back, wallets holding between 10 and 10,000 Bitcoin added roughly 61,568 coins over the past 30 days, according to data from market analytics firm Santiment. Related Reading: Over $6B: XAUT Futures Volume Rewrites Records On Binance That 0.45% increase in holdings came even as geopolitical tensions flared and broader financial markets turned choppy. At the same time, the smallest wallets — those holding under 0.01 BTC — also added coins, picking up around 213 Bitcoin, a 0.42% rise. The two groups moved in the same direction, but for different reasons, analysts say. ???????? Despite dipping to $68.1K today, Bitcoin’s key stakeholders are accumulating. Whales and sharks with 10-10K $BTC have accumulated 61,568 BTC (+0.45%) in the past month, which is a promising sign of an eventual breakout from this range. ???? Besides the current macroeconomic… pic.twitter.com/YDbRYNYH85 — Santiment (@santimentfeed) March 26, 2026 Dominick John, an analyst at Zeus Research, said that large holders are quietly stacking during flat-price periods, not reacting to daily headlines. Small wallet holders, he said, are driven by something else entirely — fear of missing out when prices tick upward. “Small wallets are chasing the momentum,” John said, adding that if retail buying overheats, a brief sell-off before the next accumulation wave is possible. A Pattern Analysts Have Seen Before Santiment analysts pointed to a longer historical pattern: when large wallets accumulate while smaller holders are selling, it has often preceded the start of a sustained price rise. The firm called the current behavior a “promising sign” that a breakout from the months-long trading range could be ahead — and that the direction of that breakout is more likely to be up than down. Bitcoin exchange outflows have also been steady throughout March, data shows. Coins leaving exchanges typically signal holders are moving assets into cold storage, a sign they plan to hold rather than sell in the short term. Not every major holder has been buying, though. On March 19, two Bitcoin whales moved tens of millions of dollars worth of coins onto exchanges — a move that often precedes a sale. That day, Bitcoin prices dropped as attacks on Gulf oil and gas infrastructure pushed energy prices higher and rattled markets tied to the Iran conflict. Related Reading: Iran Rejects Peace Talk Claims, Leaving Bitcoin Stuck At $70K Extreme Fear Grips The Market The Crypto Fear & Greed Index recorded a score of 10 on Thursday and 13 on Friday. Both readings fall firmly in “extreme fear” territory. The entire month of February and the week prior both averaged the same. A score of zero represents maximum fear; 100 represents peak greed. That kind of prolonged fear reading is unusual. It reflects a market where uncertainty has settled in — not as a spike, but as a sustained mood. Middle East tensions have been a key driver. US and Israeli strikes against Iran in February triggered a wave of retaliations across the region, and the conflict has continued to weigh on global markets since. Featured image from EG Healthcare, chart from TradingView
A veteran Bitcoin evangelist who entered the market when most people had never heard the word “blockchain” is now pointing the finger at the Trump family, not a crypto exchange, as many think, for the liquidation chaos that shook the crypto industry last October. Davinci Jeremie, one of the earliest known Bitcoin adopters, recently shared his unfiltered take on what he believes caused the October 10, 2025, crash. What Davinci Jeremie Actually Believes The October 10, 2025, crypto market crash is one of the most debated events of the current cycle, with traders still split over what really triggered the sudden collapse in price. In the months since, several theories have surfaced, ranging from Binance-led liquidations to coordinated sell attacks. Related Reading: Expert Analyst Says Bitcoin Expansion Is Over, It Won’t Rally Until This Is Over Speaking on The Sujal Show, Jeremie offered a perspective that was politically charged. In his view, the Trump family’s financial interests provide a simpler explanation for what happened to the crypto market on that day. “I think obviously the Trump family. It’s clear right now that the Trump family wants to push crypto down so that they can get as much as they want,” Jeremie said. According to the early Bitcoin believer, wealthy participants approach markets differently. In his words, short-term thinking dominates retail behavior, with many looking for quick gains or rapid wealth creation. Large players, however, operate on extended timelines, often spanning five to ten years. “If you’re wealthy, you don’t think in short terms as most people do; you think in long terms,” he said. The Binance Theory That Took Over Crypto Jeremie’s take stands in opposition to the explanation that dominated industry discourse in the months following October 10. The October 2025 crypto crash, primarily on October 10, saw over $19 billion in leveraged positions liquidated within 24 hours. The sell-off began shortly after Donald Trump signaled plans to impose an additional 100% tariff on Chinese imports. That caused traders to dump risky investments, from stocks to Bitcoin. However, that crash was much more pronounced on the crypto market than expected. Related Reading: Bitcoin Roadmap To $300,000: Analyst Shares Step-By-Step Guide To The Top After the immediate aftermath of the crash, much of the attention was directed to crypto exchange Binance. The exchange quickly became the focal point of speculation, with many pointing to liquidation cascades on its derivatives platform as the primary reason for the crash. The theory was amplified after OKX CEO Star Xu went public with his criticisms, which were based on Binance’s promotional campaign that offered 12% APY on USDe. According to Star Xu, the campaign by Binance blurred the line between USDe and stablecoins like USDT and USDC, and retail investors were not aware of the systemic risks relating to the synthetic stablecoin ecosystem. Davinci Jeremie is known as one of the earliest Bitcoin adopters, having entered the market when BTC was trading around $1. His reputation grew significantly years later when an old YouTube video resurfaced of him urging viewers to buy at least $1 worth of Bitcoin. The clip has since become one of the most referenced moments in crypto history. Featured image from Pngtree, chart from Tradingview.com
US lawmakers on Friday unveiled the Digital Asset PARITY Act — a wide‑ranging draft bill that would reshape tax and regulatory treatment for digital assets while drawing immediate criticism for excluding Bitcoin (BTC). Introduced by Representatives Max Miller and Steven Horsford, the measure would, among other changes, create a narrow tax exemption for small stablecoin transactions and alter how staking income is treated. Key PARITY Act Provisions Under the PARITY proposal, regulated payment stablecoins used in transactions worth less than $200 would be exempt from recognizing gains or losses, provided the stablecoin’s price remains within 1% of its dollar peg at the time of payment. Related Reading: NVIDIA Faces Class Action After Court OKs $1 Billion Crypto-Mining Revenue Claims – Stock Dips 7% The bill also contains several other notable provisions, on staking for example, as it seeks to change the tax timing for income earned by passive participants in proof‑of‑stake (PoS) networks, permitting those “passive stakers” to defer the immediate tax consequences of staking rewards. Yet the bill’s approach to staking and mining has become a focal point for criticism. The Bitcoin Policy Institute (BPI) has been one of the most vocal opponents, arguing that PARITY’s staking deferral provisions create an uneven, technology‑biased tax regime that disadvantages proof‑of‑work (PoW) networks such as Bitcoin. BPI Objection Over Bitcoin Exclusion The Bitcoin Policy Institute contends the draft perpetuates the “phantom income” problem that both miners and stakers previously acknowledged needed legislative relief, but solves it only for stakers. The organization warned that by offering deferral to staking participants while leaving miners outside the relief, the bill effectively penalizes mining and undermines technological neutrality. Related Reading: MARA Holdings’ Bitcoin Sell-Off: 15,000 BTC Liquidated As Prices Crash Below $69,000 BPI called the imbalance “a two‑tier tax regime,” and urged lawmakers to remedy it by restoring a broader de minimis exemption that is not limited to stablecoins and by extending the deferral election to all block‑reward recipients — miners as well as stakers — or otherwise explicitly including mining in the relief. The Bitcoin Policy Institute argued these fixes are minimal but necessary steps if Congress truly intends to maintain US leadership in Bitcoin and digital asset innovation. Left unchanged, the group warned, the draft could disadvantage proof‑of‑work systems and shift innovation offshore. At the time of writing, Bitcoin was trading at roughly $66,000, representing a 4% and almost 6% loss in the 24-hour and seven-day time frames, respectively, as the broader crypto market wraps up the week to the downside. Featured image from OpenArt, chart from TradingView.com
The crypto market is consolidating. Bitcoin and Ethereum have traded within the same range for more than 50 days. And in the third week of March, the derivatives market made its first significant statement about what comes next. Related Reading: Unknown Wallet Buys $107 Million In Ethereum – Purchase Pattern Points To Bitmine A CryptoQuant analysis tracking perpetual futures activity has identified a meaningful acceleration in open interest: on March 16, combined Bitcoin and Ethereum OI climbed to approximately $30 billion — the highest reading since late January, and a level that was not reached gradually but in a single week of concentrated positioning. Bitcoin OI reached $23 billion. Ethereum approached $16 billion. Both moved in the same direction, at the same time, during the same price rally. That synchronicity matters. When open interest builds across two major assets simultaneously during a relief rally, it does not reflect organic spot demand — it reflects traders opening leveraged positions in anticipation of a directional move. The capital is not buying Bitcoin and Ethereum. It is betting on them. Fifty days of consolidation have a way of building pressure. The $30 billion in open interest now sitting in perpetual futures is the market’s way of declaring that the range will not last forever — and that when it breaks, the move will be amplified. When Crypto Leverage Moves, It Goes to Binance First. The CryptoQuant report is precise about where the $30 billion in open interest is actually sitting. Binance absorbed the largest share of the inflow by a significant margin: BTC open interest on the exchange rose by $829 million, while ETH open interest climbed by approximately $1.6 billion — a combined $2.4 billion in new leveraged exposure flowing into a single venue during a single week. Bybit and Gate.io recorded meaningful gains as well, but the heatmap data leaves no ambiguity about the hierarchy. That concentration is not coincidental. It is structural. During periods of strong price momentum, capital does not distribute evenly across the derivatives landscape — it gravitates toward the deepest, most liquid venues where large positions can be opened and closed without slippage. Binance is that venue. It has been for every significant derivatives expansion in recent memory, and the March rally was no exception. What the concentration reveals is as important as the size. When $2.4 billion in new open interest flows into a single exchange in one week, the resulting positions are tightly clustered. Clustered positions create clustered liquidation levels. And clustered liquidation levels mean that when the market moves against those positions, it does not move gradually. The leverage is on Binance. The range is still intact. Those two facts belong in the same sentence. Related Reading: $2.3 Billion Ethereum Has Left OKX And Binance This Quarter: The Sell-Side Supply Is Thinning The Entire Market Has Given Back a Year of Gains The total crypto market cap stands at $2.31 trillion, down 0.21% on the week — a marginal move on a candle that opened at $2.32 trillion, reached $2.44 trillion, and has since retreated. That weekly high rejection at $2.44 trillion is the operative fact. The market attempted to reclaim lost ground and was turned back. The macro context is what makes the current level sobering. Total market cap peaked near $4.1 trillion in late 2025 — the highest level in crypto’s history — and has retraced approximately 44% from that peak, erasing the entirety of the 2025 bull run and returning to levels last traded in early 2024. This is not a correction within a bull market. It is a full cycle rollover. Related Reading: The Bitcoin Coinbase Discount Is Back: History Says That Is Worth Watching The weekly moving average configuration confirms the structural damage. Price has broken decisively below the 50-week MA, which has now turned lower from the $3.5 trillion region. The 100-week MA, the green line ascending through approximately $2.9 trillion, provided no meaningful support — price sliced through it and has not reclaimed it since. The 200-week MA continues its long-term ascent near $2.1 trillion and represents the last major structural support visible on this timeframe. The current level of $2.31 trillion is trading in the gap between the 200-week MA below and the 100-week MA above. That gap is the battleground. Reclaiming $2.9 trillion is the minimum requirement for any credible structural recovery argument. Until then, the chart describes a market in retreat, not consolidation. Featured image from ChatGPT, chart from TradingView.com
An interesting statement from Grant Cardone has led to a different kind of conversation. According to the popular American businessman, the Bitcoin price should be $280,000. His claim that Bitcoin should already be trading at $280,000 raises a deeper question: if that valuation were accurate today, what would it imply for the rest of the market? That question becomes even more interesting when applied to cryptocurrencies like Dogecoin and XRP, which tend to move in tandem to Bitcoin. Grant Cardone’s $280,000 Bitcoin Call And What It Implies The real estate mogul, who oversees about $5.3 billion in assets through his firm CardoneCapital, recently took to X to deliver a blunt verdict on the state of Bitcoin: “Bitcoin should be $280,000.” No chart attached, no lengthy thread. Just four words carrying the weight of a man who has put $70 million of his firm’s balance sheet behind Bitcoin. Related Reading: Bitcoin Distribution Mechanism Has Not Changed, All Roads Point To Crash Below $50,000 At the time of writing, Bitcoin is trading far below that $280,000 price projection. To put this into perspective, Bitcoin is currently trading just below $70,000, at around $67,750, meaning Cardone’s projection implies a 4x revaluation. However, that kind of move doesn’t exist in isolation. When Bitcoin goes on such a move, the liquidity spills into altcoins, pushing them into price rallies of their own. What The XRP And Dogecoin’s Prices Could Look Like In That Scenario Dogecoin has always traded as a high-beta extension of Bitcoin. When Bitcoin trends upward, Dogecoin often amplifies that move, driven by retail momentum and speculative cycles. If Bitcoin were to move from roughly $70,000 to $280,000, maintaining current ratios alone would already imply a significant shift. At a 4x Bitcoin move, Dogecoin could theoretically follow into a similar multiple, placing it somewhere around the $0.35 to $0.40 range from current levels near $0.09. That is the conservative view based purely on correlation. However, Dogecoin rarely rallies only 4x in strong bull phases. In previous cycles, it has outperformed Bitcoin by a wide margin during peak momentum periods. If that dynamic repeats, a Bitcoin price at $280,000 could easily place Dogecoin closer to a new all-time high above $0.73 and probably even above $1. Related Reading: Breaking Down The $100 XRP Prophecy: Is There A Timeline? On the other hand, XRP is currently trading near $1.43. That puts the XRP/BTC ratio at approximately 0.00002. If Bitcoin were to re-rate to $280,000 while that ratio stays constant, XRP would be trading somewhere between $5.60 and $6.00. That alone would already see the XRP price trading at price peaks compared to the current range, which many long-term holders have been waiting for. XRP’s upside is always discussed in terms of utility and integration into cross-border payments. In a scenario where Bitcoin reaches $280,000, those utility conditions could amplify XRP’s role as a bridge asset and even cause the XRP price to break above double digits above $10. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin fell to its lowest level in over two weeks as traders adopted a more cautious stance after the year’s biggest options expiration, Bloomberg reported. At the moment of writing, BTC trades for the highs $66k. Related Reading: GameStop Didn’t Sell Bitcoin — What It Did Instead Will Anger BTC Maxis Bitcoin Options Market Turns Defensive The drop followed the largest Bitcoin options expiry of 2026 so far, with roughly $14 billion in notional contracts rolling off on Friday. Around 30–40% of open interest in front‑month Bitcoin options was wiped out in a single session, leaving a “cleaner” positioning landscape. Spot volumes picked up versus the previous session (e.g. +10–20%), suggesting the move was driven by more than just options mechanics. Positioning shows traders are bracing for a drawn‑out conflict, Griffin Ardern, co‑founder of multi‑asset manager Primal Fund, said. The risk of stagflation, and even “forced rate hikes” has sharply deepened bearish sentiment. Post‑expiry, more people were buying protection than betting on upside. Options flows skewed toward puts, with put volumes outpacing calls: over the past 24 hours, the put/call ratio has climbed to 1.3, signaling that traders are loading up on downside protection as they head into the weekend. Derivatives Positions Hold The Key According to Fortune, market participants view derivatives positioning going a long way toward explaining the recent still. James Harris, CEO of asset manager Tesseract, believes institutional players spent much of the first quarter selling upside calls, essentially betting that prices wouldn’t rip higher, to harvest premium in a quiet market. That flow pushed risk onto market makers, who in turn have been buying dips and fading rallies to keep their books roughly hedged. Traders say this setup has effectively smoothed out volatility, with Bitcoin’s price repeatedly drifting back toward the so‑called “max pain” zone around $75,000, where the most options expire worthless. In practice, those hedging flows have worked like a magnet, pulling BTC higher on dips but also putting a lid on how far rallies can run. Related Reading: Bitcoin Rangebound At $70K While Macro Cracks Deepen – Why Analyst Says It’s Too Early To Call A Bottom What Traders Should Look For Next The shift in positioning comes after a powerful Q1 run, with Bitcoin still up double‑digit % year‑to‑date even after the latest pullback. If defensive positioning in options persists (elevated put/call, negative skew, higher near‑term IV), it may signal traders are bracing for another leg lower rather than a quick “buy‑the‑dip” rebound. For active traders, the setup favors disciplined risk management: tighter stops on leveraged longs, selective hedging via short‑dated puts, and watching whether defensiveness eases or intensifies into the next major macro/data catalyst. At the moment of writing, BTC’s price has crashed under $67k. Source: BTCUSD on Tradingview Cover image from Perplexity, BTCUSD chart from Tradingview
Bitcoin fell back toward $65,000 on Friday as investors cut exposure to risk assets after another round of Middle East tensions kept oil prices elevated, pushed Treasury yields to their highest levels in months, and lifted the dollar. According to CryptoSlate's data, BTC dumped nearly 5% to around $66,484, its lowest price since the beginning […]
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JPMorgan says the Iran war has produced an unusual market split: bitcoin is showing signs of safe-haven demand while gold and silver, the traditional geopolitical hedges, have weakened under the pressure of outflows, profit-taking and deteriorating liquidity. In a report dated March 26, Nikolaos Panigirtzoglou and his team said bitcoin has held up better than precious metals since the conflict escalated. Gold is down about 15% this month, according to the bank, while gold ETFs recorded nearly $11 billion in outflows in the first three weeks of March. Silver has also come under pressure, with JPMorgan saying ETF inflows built since last summer have now been unwound, even as bitcoin funds continued to post net inflows over the same stretch. Bitcoin Shows Safe-Haven Demand That divergence is not just a price story. JPMorgan argues it is also visible in positioning and market structure. Gold and silver had become heavily crowded trades after a run that pushed gold close to $5,500 an ounce and silver near $120 earlier this year. Related Reading: The Bitcoin Price Bottom Is Close, But There Is Still A Crash Below $60,000 Left As rates rose, the dollar strengthened and investors moved to de-risk, those positions started to unwind. CME-based positioning shows a sharp drop in gold and silver exposure since January, while bitcoin futures holdings have stayed comparatively stable in recent weeks. The bank’s explanation is more nuanced than a simple “bitcoin replaced gold” narrative. Bitcoin initially sold off with other risk assets when the war broke out, briefly falling into the low-$60,000 range before stabilizing back in the high-$60,000 to low-$70,000 area. JPMorgan’s point is that bitcoin did not behave like a classic shelter in the first shock phase, but it recovered as flows returned, while gold and silver kept losing support. Related Reading: Bitcoin Recovery Lacks One Key Ingredient, Glassnode Warns JPMorgan also tied that relative resilience to crypto’s utility in a stressed jurisdiction. “The deterioration in liquidity conditions in gold has seen its market breadth decline below that of bitcoin currently,” the bank wrote. In a separate summary of the same report, JPMorgan said, “The surge in Iran’s crypto activity highlights the role of cryptocurrencies as a safe haven asset in countries experiencing economic and monetary instability and geopolitical stress.” The bank cited Chainalysis data showing increased Iranian crypto activity after the outbreak of war, including transfers from domestic exchanges into self-custody wallets and international platforms. That combination of borderless settlement, self-custody and round-the-clock trading sits at the center of the bank’s argument. Bitcoin’s momentum indicators, which had fallen into oversold territory, are now moving back toward neutral, JPMorgan said, suggesting selling pressure may be easing. Gold and silver momentum, by contrast, swung from overbought to below-neutral as liquidations accelerated. The bank’s liquidity work points the same way: gold’s market breadth has now fallen below bitcoin’s, while silver’s thinner depth has made its decline even more violent. At press time, BTC traded at $68,597. Featured image created with DALL.E, chart from TradingView.com
On-chain analytics firm CryptoQuant has pointed out how Bitcoin has tended to revisit or stay below the Realized Price in past bear markets. Currently, this level is located at $54,000. Bitcoin Hasn’t Gone Below Realized Price This Cycle In a new post on X, CryptoQuant has talked about what the Realized Price is telling us about Bitcoin right now. The “Realized Price” here refers to an on-chain indicator that keeps track of the cost basis or acquisition level of the average investor on the BTC network. When the spot price of the asset is trading above this metric, it means the addresses as a whole are in a state of net unrealized profit. On the other hand, BTC’s value being below the indicator suggests an underwater status for the overall network. Related Reading: Bittensor (TAO) Rallies 35%, But Social Sentiment Stays Mixed Now, here is the chart shared by CryptoQuant that shows the trend in the Bitcoin Realized Price over the history of the cryptocurrency: As displayed in the above graph, Bitcoin broke through the Realized Price at the end of the 2022 bear market and since then, the asset has maintained above this line. This suggests that investors have enjoyed net profits in this period. Recently, the cryptocurrency has faced some notable bearish momentum, but so far, it has managed to stay some distance above the Realized Price. Currently, the metric is situated at $54,000. From the chart, it’s visible that past bear markets generally saw Bitcoin spend time at or below this level. When the majority of the investors are in loss, selling pressure with the motive of profit-taking starts running out, so it may be why the asset historically found bottoms below the metric. While the holders as a whole are still in the green, a significant segment of the userbase is already underwater at the current price levels. As the below chart shows, the Realized Price of the short-term holders has been floating some distance above the spot price recently. The short-term holders refer to BTC investors who purchased their coins within the past 155 days, so their Realized Price tracks the average buying price of coins that moved over the last five months. With the spot price currently being under this level, it would appear that this group is in a state of loss. “Recent buyers are underwater, creating sell pressure on every bounce,” noted the analytics firm. Related Reading: Bitcoin Whales Go Silent: Large Transactions Plummet Strategy, the largest Bitcoin treasury company in the world, has also seen the asset drop under its cost basis with the recent bearish action. At present, the firm’s Realized Price is sitting around $75,600. “Right where the recent rally got rejected, the market is reacting to this level,” said CryptoQuant. BTC Price Bitcoin has continued to consolidate sideways recently as its price is trading around $68,400 right now. Featured image from Dall-E, chart from TradingView.com
Bitcoin’s market structure is showing a split signal: institutional demand through ETFs is accelerating, while short-term holders are still selling into exchanges at a loss. That divergence is helping explain why BTC has held up near the $70,000 area even as retail stress remains visible in on-chain data. In his latest Morning Brief, Axel Adler Jr. said US spot Bitcoin ETFs absorbed 62,986 BTC over the past 30 days, equal to $11.3 billion in net inflows between February 24 and March 25. Over that stretch, cumulative ETF holdings rose to 1,326,874 BTC. The pace of buying also picked up materially. Adler said the 7-day simple moving average of ETF flows reached 3,288 BTC per day, versus 1,256 BTC for the 30-day average, meaning the current weekly pace is running about 2.6 times above the monthly trend. That institutional bid has so far outweighed episodic outflows and coincided with a move in Bitcoin’s price from $64,100 to $71,307 over the same month. Adler’s read is that ETF demand is providing a floor, but not a clean breakout signal on its own. For that to happen, he argued, the short-term flow trend needs to stay positive for several more sessions and the market still needs to avoid a fresh run of negative macro-driven ETF days. Related Reading: Analyst Who Predicted Bitcoin $125,000 Top Reveals What To Expect Next The other side of the picture is far less constructive. Adler said short-term holders remain firmly in a loss-realization regime, with loss-side flows to exchanges at 15,500 BTC per 24 hours. Total short-term holder inflows to exchanges stood at 35,200 BTC per day, a sign that selling pressure remains active even if it has not yet reached the kind of extreme typically associated with final capitulation. Bitcoin STH Stress Eases But Whales Prevent Rally That broader stress signal is partly offset by a separate observation from Darkfost, who argued that panic behavior among newer holders has eased meaningfully since the February flush. He wrote: “When BTC fell below $60,000, a wave of panic emerged among the youngest investors (STHs), pushing them to send around 100,000 BTC (7-day sum) to Binance at the beginning of February. This behavior has evolved significantly, as these STH inflows to Binance have now been divided by four. Today, these inflows have reached their lowest recorded level, at around 25,000 BTC.” That does not contradict Adler’s thesis so much as refine it. Retail stress is still there across exchanges, but the most acute panic phase may be fading. Darkfost framed the shift as “a rather positive signal,” adding that the drop in Binance inflows represents “a real reduction in selling pressure” during what he called a difficult period for risk assets. Related Reading: Bitcoin Recovery Lacks One Key Ingredient, Glassnode Warns Even so, order-book data suggests Bitcoin is not yet out of the woods on the upside. CoinGlass flagged “heavy sell wall at 72.3k–72.6k” and called it “key resistance on any bounce.” It also pointed to near-term bids around $69,200, stronger support at $68,200 to $68,500, and deeper liquidity around $67,000 to $67,500. In CoinGlass’s words, “This is a classic setup of heavy overhead supply with layered bids below. Unless BTC reclaims the major sell wall overhead, short-term price action still looks more likely to sweep lower liquidity first before staging a stronger bounce.” Taken together, the data points to a market where institutional accumulation is absorbing supply fast enough to steady price, but not yet force a decisive breakout. The constructive case is straightforward: ETF demand remains well above trend, panic selling among short-term holders continues to cool, and Bitcoin holds above $70,000. The risk is just as clear. If ETF flows roll over and the market fails to clear the $72,300-$72,600 sell wall, the next move could still be a sweep into lower liquidity before any stronger recovery takes shape. At press time, BTC traded at $69,573. Featured image created with DALL.E, chart from TradingView.com
Bitcoin price failed to stay above $70,500 and declined further. BTC is now consolidating below $70,500 and might continue to move down. Bitcoin started a fresh decline from well above the $71,200 zone. The price is trading below $70,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $70,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $70,000 and $70,500 levels. Bitcoin Price Dips Further Bitcoin price failed to continue higher above $72,000 and reacted to the downside. BTC trimmed gains and declined below the $71,200 support. The bears pushed the price below $70,500 and $70,000. The price tested the $68,000 zone. A low was formed at $68,115, and the price is now consolidating losses near the 23.6% Fib retracement level of the downward move from the $71,985 swing high to the $68,115 low. Bitcoin is now trading below $70,200 and the 100 hourly simple moving average. There is also a bearish trend line forming with resistance at $70,050 on the hourly chart of the BTC/USD pair. If the price remains stable above $68,200, it could attempt a fresh increase. Immediate resistance is near the $69,200 level. The first key resistance is near the $70,000 level and the trend line. A close above the $70,000 resistance might send the price further higher. In the stated case, the price could rise and test the $70,500 resistance or the 61.8% Fib retracement level of the downward move from the $71,985 swing high to the $68,115 low. Any more gains might send the price toward the $71,200 level. The next barrier for the bulls could be $72,000. More Losses In BTC? If Bitcoin fails to rise above the $70,000 resistance zone, it could start another decline. Immediate support is near the $68,400 level. The first major support is near the $68,000 level. The next support is now near the $67,200 zone. Any more losses might send the price toward the $66,800 support in the near term. The main support now sits at $65,500, 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 below the 50 level. Major Support Levels – $68,400, followed by $68,000. Major Resistance Levels – $70,000 and $70,500.
Toncoin is at a critical juncture as it tests the $1 range, a key level that has anchored its trading for weeks. How it reacts here could determine whether the range holds or breaks, setting the stage for either a bullish flip or an accelerated drop. With strong fundamentals in play but the chart still in control, traders are watching closely for the decisive signal. Range Flip Or Breakdown: What BTC Pair Tells Us About Toncoin Charting the TON/BTC and TON/USDT daily pairs, analyst Umair Crypto points out that Toncoin is at a critical juncture. On the BTC pair, the RSI has broken above its trendline, signaling early bullish momentum. However, the 200 SMA on this pair remains the key level to watch, as it will determine whether the $1 support on the USDT pair holds or if the range flips higher. Related Reading: Toncoin, Quant Seeing Whale Activity Explosion, Big Move Ahead? The BTC pair has been consolidating within a range for 166 days, and the recent RSI trendline breakout above 50 hints that bullish pressure is building. Meanwhile, on the USDT pair, price is attempting to recover the 50 SMA, showing early signs of strength, though confirmation is still needed. From here, two scenarios are possible. If the BTC pair closes convincingly above the 200 SMA, it would likely trigger a range flip on Toncoin’s USDT pair to the upside. Conversely, if the BTC pair gets rejected at the 200 SMA, the range may break down, putting Toncoin at risk of forming a lower low below $1. Such a breakdown would shift the market structure into bearish territory and could accelerate selling pressure, making $1 a crucial level to watch. $1 Support: More Than Just A Psychological Level The analyst stressed that the $1 level is far more than a psychological benchmark; it is a critical structural support that anchors the entire TON/USDT range. If this level fails, the decline could accelerate sharply, making it a key inflection point for traders and investors alike. Holding above $1 is essential to maintain the current range and prevent a potential breakdown that could trigger further selling pressure. Even with strong fundamental catalysts, the market has remained largely unresponsive. AlphaTON Capital Corp recently launched a $100 million treasury strategy, while TON Wallet officially expanded into the US market, both moves signaling growing institutional adoption. Related Reading: Lucky Train Launches TON-Based Web3 Project With Staking-Like Participation Model At this critical juncture, the BTC pair’s 200 SMA is shaping up as the ultimate deciding factor. A decisive close above this level could reinforce $1 as strong support and pave the way for a bullish range flip. Conversely, rejection at the 200 SMA could tip the market into bearish territory, signaling that structural weakness now overrides fundamental optimism. Featured image from Adobe Stock, chart from Tradingview.com
The corporate Bitcoin treasury boom is losing oxygen: a $100 billion public-company bet has shrunk, buying has collapsed outside Strategy (formerly MicroStrategy), and the financing model that drove the trade is starting to fail. Data from CryptoQuant show that the Michael Saylor-led company bought about 45,000 Bitcoin over the last 30 days, the largest 30-day […]
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Bitcoin’s next move is one of the most debated questions in the market right now. One side sees the current price structure as a base for a push to new all-time highs, pointing to strength around $70,000 and repeated rebounds above this price level. Another camp believes the recent action is only a pause within a broader downtrend, with more range consolidation and lower levels still ahead before any real rally begins. That divide is exactly where expert analyst Tony Severino steps in with a very cautious outlook. According to the crypto trading expert, Bitcoin might not see a rally again until complacency is crushed. A Warning Against The Bullish Complacency Severino, who posts under the handle @tonythebullBTC on X, recently declared that “the 16-year Bitcoin expansion is over.” This is a statement that carries particular weight given his track record. He had previously anticipated that Bitcoin’s bull run would end in 2025 and projected that the corrective wave ushering in a bear market could extend as far as mid-2027. Related Reading: Analyst Predicts Bitcoin To Gold Rotation That Will Send BTC Price To $800,000, But When? Severino’s latest comments directly challenge the idea that Bitcoin is simply gearing up for another rally. The comments were in response to a sarcastic post by another analyst. In his view, the widespread belief that the Bitcoin price will continue to rise indefinitely is misplaced. Severino describes the current environment as one dominated by complacency, where investors have grown too comfortable buying dips without questioning the broader structure. According to him, it is because of people like this who think it will only go up forever. Destruction First, Then Growth The most important part of Severino’s outlook is not just that a downturn could happen, but that it is necessary. Only when that complacency is fully broken, he contends, can a new cycle begin on a stronger footing. Related Reading: Bitcoin Is Officially In A Bear Market And Is Headed Below $30,000, Analyst Warns “This destruction and reset is necessary for growth again. But not until complacency is crushed,” he said. “Complacency says: ‘Same asset, same behavior.’ Reality: Same asset, different environment = different outcome distribution,” he continued. This is not the first time Tony Severino has sounded the alarm of complacency for investors who are strongly bullish despite Bitcoin’s recent price struggles. Back in February, he pointed out that the Bitcoin price may have already reached a 16-year cyclical peak. Notably, this 16-year cyclical peak concept has become a recurring theme in his broader outlook. That same idea resurfaced again in his latest remarks, where he noted the complacency among some investors. In another analysis, Severino predicted a somewhat -72% maximum drawdown from Bitcoin’s October 2025 peak price of $126,000. If that scenario plays out, it would place Bitcoin’s price in the region of $34,000 before a more sustainable bottom can form. Featured image from Getty Images, chart from Tradingview.com
Bitcoin (BTC) slipped below $69,000 on Thursday, erasing gains seen earlier in the week as MARA Holdings (MARA), the largest crypto mining company in the United States, disclosed a substantial liquidation of its BTC holdings to fund an expansion into artificial intelligence (AI) computing. MARA Shares Climb On Debt-Repurchase Plan In its disclosure covering March 4–25, MARA said it sold 15,133 BTC for roughly $1.1 billion. The sale reduced Marathon’s holdings by roughly 28% from the 53,822 BTC it held at the start of March, according to BitcoinTreasuries.net data. Related Reading: Ethereum (ETH) May Be Reversing Course, Says Top Analyst; Watch These Key Resistances The market reaction to the move was notable on both fronts. Bitcoin’s price retreated to approximately $68,997 at the time of writing — a decline that places the cryptocurrency more than 45% below its record highs near $126,000 set during last year’s rally. Meanwhile, MARA stock rose almost 7% intraday, bringing the stock closer to the $9-per-share level as investors digested the company’s pivot toward AI and high-performance computing. The Bitcoin miner said the proceeds from the sale will be used to repurchase $1 billion in convertible bonds maturing in 2030 and 2031 through privately negotiated buyback agreements expected to close on March 30 and March 31. Management framed the transaction as a strategic refinancing move that both strengthens the balance sheet and increases financial flexibility. MARA CEO Fred Thiel stated: This transaction enhances financial flexibility and increases strategic optionality as we expand beyond pure-play bitcoin mining into digital energy and AI/[high-performance computing] infrastructure. Sale Sees Holdings Fall To 38,689 Bitcoin In a similar vein, MARA Holdings’ CEO emphasized the sale was a deliberate capital-allocation decision intended to position the company for long-term growth. By retiring more than $1 billion of face-value debt at a discount, the company said it captured approximately $88 million in value that otherwise might have been lost, reduced potential shareholder dilution, and used its Bitcoin holdings to de-lever the balance sheet on terms favorable to the company. The sale follows changes MARA disclosed earlier this month in a Form 10-K filed with the Securities and Exchange Commission (SEC). The company revised its 2026 policy to permit the sale of Bitcoin held on its balance sheet during liquidity stress or market crises. Related Reading: Crypto Bill Clash: Coinbase Rejects CLARITY Act Changes On Stablecoin Yields The filing warned that prolonged weakness in Bitcoin’s price could materially affect MARA Holdings’ financial health; sustained or further declines in BTC could significantly reduce the value of its holdings and weigh on liquidity and the balance sheet. MARA Holdings’ reduced stash is now valued at roughly $2.66 billion at current prices. BitcoinTreasuries.net shows the company has fallen to the third-largest public holder following the sale, overtaken by Twenty One Capital, which now holds 43,514 coins. The industry leader remains Strategy (formerly MicroStrategy), which has maintained an aggressive acquisition strategy on a weekly basis and now holds 762,099 Bitcoin. Featured image from OpenArt, chart from TradingView.com
Bitcoin may be moving closer to the kind of long-term support zone that has characterized major bottoms in past cycles, but one technical analyst believes the market has not reached that moment just yet. An interesting technical analysis points to Bitcoin’s weekly moving averages as the clearest guide for where this decline could finally exhaust itself. That setup shows that the current price action may be narrowing to form a bottom, even though one more leg lower below $60,000 could still come first. Bitcoin Has Already Entered A Late-Stage Correction Bitcoin has been in an extended downtrend since October 2025, down by almost 50% from its all-time high above $126,000. As it stands, the Bitcoin price now hovering around $70,000, and a growing body of technical evidence shows the price action is trading at an accumulation zone, but the bottom may not yet be in. Related Reading: Analyst Who Predicted Bitcoin $125,000 Top Reveals What To Expect Next According to a weekly chart analysis shared by @thescalpingpro on X, Bitcoin is converging on two long-term moving averages that have defined every major cycle bottom since 2018, and the final leg down could still take price below $60,000 before a floor is established. Technical analysis shows that the 200-week moving average and the 300-week moving averages are the structural backbone of Bitcoin’s macro price history. Back in the 2018 bear market, Bitcoin found its floor precisely at the 200 WMA, which was the end of an 84% drawdown from the prior cycle peak. The March 2020 COVID crash, brief as it was, sent the Bitcoin price straight through the 200 WMA and into the 300 WMA before reversing sharply. Then in 2022, during the FTX crash and the collapse of the crypto credit market, Bitcoin again bottomed in the vicinity of the 300 WMA. This completed a pattern that has now repeated across three different market cycles during three entirely different macroeconomic conditions. Bitcoin Price Chart. Source: @thescalpingpro On X Where Does Bitcoin Need To Go? At the time of writing, Bitcoin is trading at $69,820, down by 1.8% in the past 24 hours. However, Bitcoin is still trading above both moving averages but has not meaningfully tested either. The 200 WMA is currently sitting at $59,268, while the 300 WMA is positioned at $51,805. These two levels now define the high-probability accumulation range that could be identified as the bottom zone for the current correction. Related Reading: Bitcoin Distribution Mechanism Has Not Changed, All Roads Point To Crash Below $50,000 The red support box drawn on the right side of the chart above shows exactly that possibility. The price may still dip into the upper end of the support band around the 200-week moving average or, in a more intense selloff, slide toward the 300-week moving average around $51,800. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin is hovering around $70.000 in a relatively tight range, slightly dropping today to $69.3000. Price action looks more like consolidation rather than stress or capitulation. Related Reading: Crypto Analysts Warn: Traders Misreading The Clarity Act Could Miss The Real Opportunity Bitcoin Remains Resilient Amidst Geopolitical Unrest Today’s QCP Market Colour reports Bitcoin’s resilience against a macro backdrop that continues to be tenuous, especially in comparison with traditional risk assets. Renewed tensions in the Middle East, oil trading with a geopolitical premium, and a fragile growth outlook are all in play, while risk assets have so far digested the inflation shock more quickly than the potential growth shock. It is still unclear how much broader growth damage will eventually show up if geopolitical strains continue. Flows suggest coins are leaving exchanges (accumulation rather than urgent selling) and BTC dominance is grinding higher, signaling a defensive, bitcoin‑first stance in crypto. Too Early To Call A Bottom Aligned with this, CryptoQuant data suggests that is still too early to assure that the market has reached its bottom. Key cycle indicators brought up by analyst Crypto Dan, such as MVRV, NUPL and their bull–bear cycle gauges have not yet reached the washed‑out levels usually seen at major bear‑market lows. A large share of supply (around half or more) remains in profit, whereas past macro bottoms came when that share fell closer to 45–50%, suggesting more pain or more time could still be needed. A graphic shared by Crypto Dan backs up the analysts arguments that BTC has not yet reached its bottom. Source: CryptoQuant. In the options landscape, implied vols are easing and term structure is in mild contango and carry is positive. This is consistent with consolidation rather than an imminent volatility shock. Downside hedges remain in demand but not at panic levels, showing that professional desks are pricing caution, not a full‑blown crash scenario. Bitcoin appears to be accumulated on dips rather than chased higher. ETF and derivatives flows are more tactical than euphoric, and traders are fading extremes while respecting the range. This leaves BTC in an uncomfortable, though not clearly bearish, position: it no longer behaves like a straightforward high‑beta equity proxy, yet it has not secured steady safe‑haven flows either. Related Reading: Hyperliquid Takes Over Wall Street: Can PURR Options Trigger a Fresh Rally? An In-Between Regime For Bitcoin Markets have repriced the inflation shock (via oil and rates) faster than any potential growth shock, leaving a risk that weaker data or prolonged geopolitical stress forces another leg of repricing. Bitcoin is increasingly treated as a hybrid macro hedge/high‑beta asset, with correlations shifting as institutional capital rotates and tests BTC as a partial stagflation or geopolitical hedge. Summing up, until on‑chain cycle metrics reset and macro visibility improves, rallies are likely tactical, not the start of a clean new trend: the idea of a “headline‑driven range” around $70.000 where dip‑buying and disciplined hedging make more sense than calling a macro bottom. BTC’s price dropped slightly after reaching $71k yesterday, trading for around $69k today. Source: BTCUSD on TradingView Cover image from Perplexity, BTCUSD chart from Tradingview
The new Binance guidelines for market makers requires them to disclose information such as their identity and contract terms. Binance Tightens The Grip On Market Makers On Wednesday, the largest centralized crypto exchange in the world released a new set of guidelines aimed to token issuers and liquidity providers, tightening their grip on the mandatory disclosure of market maker identity and legal entity and contract terms. Additionally, Binance is posing an explicit ban on profit‑sharing and guaranteed‑return arrangements. In their blog post, Binance clarifies that a market maker is a professional trader or firm that provides liquidity by always placing buy and sell orders on a CEX or DEX. They earn money from the small difference between their buy price and sell price (the spread). In return, the liquidity they provide help other traders get in or out of positions quickly without moving the price too much. Related Reading: Hyperliquid Takes Over Wall Street: Can PURR Options Trigger a Fresh Rally? Top 3 Red Flags That Market Makers Should Look For Binance highlights ix “red flag” behaviors, including aggressive sell‑offs against vesting schedules, one‑sided order books and coordinated cross‑platform dumping 1. Selling against the vesting schedule Market makers are expected to stick to the token’s agreed vesting and unlock plan. If they start offloading large amounts too early, too often, or in a way that clearly clashes with that schedule, it’s a sign incentives are off or internal risk controls are weak. 2. One‑sided “liquidity” Effective market making is supposed to provide balanced liquidity on both sides of the book. When you see sustained sell orders with little or no matching buy interest from the same party, it can add downward pressure on price and disrupt orderly trading conditions. 3. Coordinated dumping across venues When big token transfers hit several exchanges at once and are quickly followed by heavy selling that goes beyond routine liquidity rebalancing, it’s often a clue that tokens are being systematically offloaded, not just responsibly warehoused for market making. More Illicit Activity Binance warns that market makers should also watch out for volume that doesn’t match price, volatility spikes from thin liquidity and large‑scale token offloading. The new expectations for token projects are clear: strict adherence to token release plans, no large offloads via market makers, full disclosure of MM identities and mandates to the exchange, clear written trading parameters, and continuous monitoring post‑listing. Banned activity includes revenue‑sharing/profit‑sharing models, guaranteed‑return deals between projects and market makers and vague token‑lending agreements that don’t clearly limit how borrowed tokens can be used. The goal of the new rules is to ensure their market-making arrangements are aligned with “long-term market integrity”, as responsible market makers ultimately boost liquidity and “reduce slippage”. Binance warns it will take swift action against violations of the guidelines, including blacklisting market makers that manipulate markets or violate token release schedules. Related Reading: Crypto Analysts Warn: Traders Misreading The Clarity Act Could Miss The Real Opportunity Market Implications Of The Binance Guidelines Binance is effectively admitting that “liquidity support” has doubled as unofficial selling channels and volume‑washing tools, and is trying to pre‑empt both another crash narrative and tougher external regulation. The potential winners of the new rules are retail traders who get cleaner order books and fewer surprise dumps on newly listed tokens, plus more transparent token‑launch structures. The likely losers, however, are smaller token issuers and aggressive market makers who relied on off‑the‑record guarantees or profit splits to juice volume and unlock liquidity. The practical takeaways for traders are the obvious: watch order‑book depth and slippage instead of headline volume, be cautious around early‑stage altcoin listings while market makers and issuers adjust, and expect some pairs to see thinner liquidity as aggressive players step back. If Binance really enforces blacklisting and reporting channels, the cost of “liquidity games” rises, which could reduce short‑term pumps but improve long‑term price discovery on the exchange. BTC’s price drops slightly after reaching $71k yesterday, trading for around $69k today. Source: BTCUSD on Tradingview Cover image from Perplexity, BTCUSD chart from Tradingview
Bitcoin has clawed its way back toward $70,000 after a sharp slide to roughly $67,000, but Glassnode says the rebound still lacks the kind of demand profile needed to turn stabilization into a more durable recovery. In its latest weekly report from March 25, titled Awaiting Liquidity, the on-chain analytics firm argued that several pressure points have eased at once, including sell-side intensity, ETF outflows and dealer-driven market imbalances. Even so, muted spot volumes, subdued leverage and a dense band of overhead supply suggest the market is not yet in a high-conviction breakout phase. Weak Spot Bitcoin Demand Could Limit The Upside Glassnode’s central point is that the structure has improved, but not enough to declare the correction finished. “Bitcoin is beginning to show some constructive signs after a sharp corrective move, with price stabilising, ETF flows improving, and derivatives positioning becoming less one-sided,” the report said. “The pressure that defined the recent selloff appears to be easing, and the market is starting to look more balanced than it did a week ago.” That balance, however, sits inside a narrow and still fragile range. Glassnode said a new accumulation cluster is forming around current levels, with the 1-week to 1-month cohort carrying a cost basis near $70,200. That gives the market a developing support floor, but one the firm described as vulnerable because the current base of buyers remains modest. Related Reading: Bitcoin Whales Go Silent: Large Transactions Plummet Above the market, the resistance picture is heavier. The 1-month to 3-month holder cohort sits around $82,200, while Glassnode also flagged a larger cluster of short-term holder supply between roughly $93,000 and $97,000. Elsewhere in the report, it noted “a notably heavy concentration of short-term holder supply above $84k,” describing that inventory as a potential source of renewed sell pressure on any sustained recovery attempt. The on-chain backdrop also points to a market under stress, but not one showing outright panic. Relative unrealized losses have stabilized above 15% of market cap over the past two months, a pattern Glassnode said resembles the fear seen in the second quarter of 2022, though still well short of capitulation episodes like the FTX collapse. At the same time, realized profitability has thinned out dramatically. Entity-adjusted realized profit, using a 7-day moving average, has fallen from around $3 billion per day in July 2025 to below $100 million now, a decline of more than 96%. For Glassnode, that speaks to both sides of the current setup: fewer profitable sellers left to distribute coins, but also a weaker flow of fresh capital into the market. “Spot market activity remains relatively muted following the sharp selloff into the $67k region, with aggregate exchange volumes showing only a modest response during the subsequent recovery,” the report said. Related Reading: Bitcoin Miner Supply Shock Hasn’t Arrived Yet, New Data Suggests Compared to the stronger participation seen during prior impulsive advances, current spot volumes remain soft. This suggests the rebound back toward $70k has so far been supported more by selective dip-buying and short-term repositioning than by broad-based spot demand returning at scale.” That is the missing ingredient in Glassnode’s view. ETF flows have improved, with the 7-day average turning modestly positive after an extended stretch of outflows, suggesting early institutional re-engagement. But the firm stressed that the scale of those inflows remains limited compared with earlier accumulation phases. Derivatives markets tell a similarly cautious story. Perpetual funding rates remain negative, implying traders are still paying to hold downside exposure, while futures open interest has stayed relatively subdued rather than expanding alongside the bounce. Options markets are no longer flashing acute stress, but they are not pricing strong upside conviction either. Short-dated skew remains tilted toward puts, showing continued demand for downside protection, even as longer-dated positioning looks more balanced. A major near-term variable is Friday’s weekly, monthly and quarterly options expiry. Glassnode said dealers remain concentrated in short gamma between $70,000 and $75,000, with around $10 billion of that positioning set to roll off. Once that mechanical influence clears, BTC may become more sensitive to broader macro and liquidity conditions. At press time, BTC traded at $69,961. Featured image created with DALL.E, chart from TradingView.com
The Bitcoin price topped slightly above $126,000 back in October 2026 and is now down by over 40% since then. This move that has sent the cryptocurrency’s price below the $70,000 level multiple times since then, marking a possible entrance into the bear market. What is interesting about this move, though, is the fact that none of the 30 indicators that have previously been used to possibly predict the Bitcoin market peak has been hit. Bitcoin Bull Market Peak Indicators Remain Untriggered On the Coinglass website, there is an aggregation of 30 Bitcoin Bull Market Peak Indicators that track how far along the cryptocurrency is in the cycle. The process of these indicators are then used to map the probability of whether the Bitcoin price has hit its peak yet or not. Related Reading: XRP Price Will Not Move The Way People Think, Here’s A Better Pattern According to the website, not despite the Bitcoin price falling, not even one of these indicators have actually been hit so far. Some of the Indicators are farther along than others, where the likes the Bitcoin Long Term Holder Supply is over 91% along to hit its peak. However, the indicator has still not been triggered. Long-term holders have trimmed their supply, but there is still enough BTC held by them to show that they expect higher prices. Another interesting one is that the Bitcoin Dominance is yet to hit a peak. The indicator shows it is 89.8% alone, but with the dominance above 65%, it still puts Bitcoin well in charge of the market. This bleeds into the Altcoin Season Index, as the market is yet to have a proper altcoin season, which often happens toward the end of a bull market. All of the 30 indicators have progressed by varying degrees, but with none of them being hit yet, the Buy-Sell indicator continue to points to this being a time to hold instead of sell. Why Is The BTC Price Crashing? So far, Bitcoin seems to have deviated from the traditional indicators and has begun responding to macroeconomic factors more and more. This is no surprise given the entrance of companies into the digital asset through not only direct buying, but massive exposure for institutional players through Spot Exchange-Traded Products. Related Reading: Ethereum Whales Are Making Money Again, But Will They Hold Or Sell? The most recent development that has adversely affected the Bitcoin price has been the budding US-Iran war, as the scuffle over oil continues. Bitcoin has managed to bounce back from the previous crashes. But with sentiment still firmly in the Extreme Fear territory, it might take a while before the market sees another major rally compared to 2024-2025. Featured image from Dall.E, chart from TradingView.com