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Daily profits from Bitcoin sales are climbing fast — and analysts say a key threshold could determine whether the current rally has legs or runs out of steam. Related Reading: ‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces Profit-Taking Still Below Danger Zone Realized daily profits are hovering around $500 million, according to blockchain data firm CryptoQuant. That number matters because $1 billion has historically marked the point where local price peaks tend to form. Reports from CryptoQuant indicate that if Bitcoin pushes closer to its realized price of $76,800, that $1 billion ceiling could be breached — and that is when selling pressure tends to build fast enough to stop a rally cold. Bitcoin touched $76,052 on Coinbase earlier this week, its highest level since early February. The move drew attention across crypto markets, where investors had been watching for signs of a recovery. Hopes for a sustained climb were partly tied to signals that the conflict involving Iran may be winding down, giving risk assets some breathing room. Exchange Inflows Hit A Multi-Month High What happened next raised a flag. As prices climbed, the amount of Bitcoin flowing into exchanges surged. Hourly inflows hit 11,000 BTC — the highest recorded since December. Large inflows like that typically mean one thing: holders are moving coins into position to sell. The average size of each deposit also jumped. At 2.25 BTC per transaction, it reached its highest point since July 2024. CryptoQuant pointed to a similar pattern in January, when average deposits climbed to around 2 BTC just before Bitcoin dropped from $100,000 to roughly $60,000 over the following weeks. That comparison is not lost on analysts watching the current move. Data shows the $76,800 level carries added weight because it represents the average price at which all existing Bitcoin last changed hands — what analysts call the realized price. When an asset trades near that level, many holders find themselves close to breaking even. The temptation to exit is strong. CryptoQuant says that dynamic capped Bitcoin’s upward move in January, and conditions now are similar enough that it could happen again. Related Reading: Bitcoin Could Hit $85K Before April Ends, Analyst Says Support Level Waits Below A lower band sits at $67,600, which CryptoQuant identifies as near-term support if the rally stalls and prices pull back. That gives the market a fairly wide range to work with before anything more serious would need to be reassessed. For now, the data suggests the rally is at its first real test. Selling activity is rising but has not yet crossed the levels that typically precede a sharper reversal. Whether buyers can absorb the supply hitting exchanges in the days ahead will likely decide which direction Bitcoin heads next. Featured image from Pexels, chart from TradingView

Fundstrat’s chief investment officer, Tom Lee, says the next big move in markets won’t be led by stocks — it’ll be driven by crypto. Speaking Wednesday on CNBC’s “Closing Bell,” Lee argued that Bitcoin and Ether are positioned to lead the next leg of the rally, alongside the Magnificent 7 tech stocks and the broader software sector. Related Reading: Bitcoin Could Hit $85K Before April Ends, Analyst Says Crypto And Tech Move In Step He also said some investors are still sitting on the sidelines, waiting for more clarity on the Middle East conflict before putting money to work — and that their eventual return could push prices higher. His comments came on a day when markets moved decisively. The Nasdaq Composite closed at a new all-time high of 24,016, up 1.60% for the session. The S&P 500 tagged its own record at 7,022, gaining 0.78%. Tech stocks as a group were up more than 2% on the day, according to data from Yahoo Finance. Even as S&P 500 $SPY reached all-time hit today, investors remain skeptical and sidelined: – many said long war = long bear – but stocks bottom on bad news not “good” We expect leaders to be: – crypto $ETH $BTC $BMNR – MAG7/software $MAGS $IGV Great speaking with… https://t.co/5hTtN3Wcl9 — Thomas (Tom) Lee (not drummer) FundstratDirect.com (@fundstrat) April 15, 2026 Bitcoin kept pace. The world’s largest cryptocurrency briefly hit $76,000 on Wednesday, up roughly 1.20% over the prior 24 hours. That move was part of a broader run — BTC has climbed nearly 10% over the past two weeks. A War Winding Down Much of Wednesday’s optimism was tied to signals out of Washington. US President Donald Trump said that the US-Iran conflict may be close to ending. “If I pulled up stakes right now, it would take them 20 years to rebuild that country,” Trump said. “We’ll see what happens. I think they want to make a deal very badly.” Trump stopped short of declaring victory. A deal, he made clear, has not been struck. But the tone was enough to lift investor confidence across both equity and crypto markets, with traders interpreting the comments as a sign that the geopolitical pressure weighing on risk assets could soon ease. Related Reading: ‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces Bulls See Room To Run Lee, known for his bullish market calls, pushed back against any suggestion that the recent rally has run out of steam. He posted on X that stocks tend to bottom on bad news — not good — making the case that the upward move has further to go. His view is that the market and US economy have held up well despite the ongoing conflict, and that the conditions for continued gains remain in place. Whether crypto leads equities or simply rides alongside them remains to be seen. But on Wednesday, at least, both were pointing in the same direction — up. Featured image from MetaAI, chart from TradingView

The Bitcoin price is approaching a critical resistance zone as a crypto analyst warns of a potential volatility spike ahead. Apparently, an important liquidity cluster is stuck to this key level, with market participants watching closely for a breakout or rejection. How price reacts at this resistance zone could determine whether Bitcoin extends its recent rally from above $74,000 toward $79,000 or faces renewed selling pressure in the near term.  Bitcoin Price Nears Next Critical Resistance Level On April 14, Ardi, a crypto market analyst on X, presented a new Bitcoin price analysis, unveiling a key resistance level around $76,000 that could determine the cryptocurrency’s next short-term move during the ongoing bear market. Ardi has pointed to heavy liquidity clustered between $75,000 to $76,000 on his price chart, noting that Bitcoin is now rapidly rising toward this area. Related Reading: XRP Analyst Says It’s ‘Almost Certain’ That Price Will Reach $1,000 In This Timeframe According to the analyst, this resistance zone has been building since early March this year and contains a mix of trapped traders, including late short sellers and early breakout buyers who were caught on the wrong side of price action. Ardi explained that if Bitcoin successfully breaks above the level, it could trigger a chain reaction in the market.  He stated that short sellers may be forced to close their positions by buying back, while sidelined buyers could re-enter the market, adding upward pressure to Bitcoin’s price. He noted that this dynamic could push BTC toward the next liquidity pocket between $77,500 and $79,300, where price is likely to face another test of resistance.  In the near term, the analyst says he is looking to take quick long trades if the breakout occurs, but only under strict market conditions. Ardi emphasized the importance of BTC not just breaking $76,000, but holding firmly above it. A successful move could see the level flip from resistance into support, signaling that buyers have taken control of the market. On the other hand, failing to hold that level could invalidate the setup and signal a false breakout, potentially leading to an extended price decline.  Breakout Above $76,000 May Trigger A Squeeze The $76,000 region is considered particularly significant because of the concentration of market participants there. Ardi noted that many traders will likely react to this level, with some attempting to sell into the strength, which could make a breakout even harder. Despite this, the analyst added that if BTC manages a clean move above this resistance, it could trigger a squeeze higher, potentially accelerating price sharply to the upside.  Related Reading: XRP Sentiment Is Sitting At Levels That Have Led To A Price Rally, But Is This Time Different? Looking at the bigger picture, the analyst remains cautious about Bitcoin’s outlook. While a short-term rally is possible, he still considers a lower high on the macro timeframe as the most likely outcome. Based on current market behavior, they suggest that BTC could peak somewhere between $79,000 and $81,000 before facing a fresh round of selling pressure.  At the same time, Ardi warned that downside risk remains. He indicated that a price drop below $74,900 is still on the table, and even if Bitcoin attempts a move higher, the $76,000 level could act as a strong barrier due to the amount of liquidity and interest there.  Featured image created with Dall.E, chart from Tradingview.com

Bitcoin has climbed back toward a key on-chain resistance zone, but Glassnode says the move still looks more like a fragile rebound than the start of a fully convincing trend shift. In its latest The Week On-chain report, the analytics firm said Bitcoin was trading near $74,000, roughly 5.2% below the True Market Mean at $78,100, a level it framed as the market’s most important near-term test. Glassnode’s central argument is that the market has improved enough to keep the rally alive, but not enough to remove the structural risks overhead. Spot demand has recovered, ETF flows have turned positive again, and institutional exposure is beginning to rebuild. Even so, profit-taking is rising, derivatives positioning remains cautious, and participation is still uneven across venues and investor groups. Glassnode Flags A Fragile Bitcoin Rally Near Major Resistance The report said Bitcoin “has gradually trended higher, now trading near $74k, approximately 5.2% below the True Market Mean, tracing the cost basis of active supply.” It added that while price has not yet broken above that threshold and held it, “the probability of a spike toward and potentially above it remains considerable in the mid-term.” That leaves the market in an awkward position: close enough to resistance for traders to focus on a breakout, but not yet strong enough to suggest the ceiling has truly given way. One of the main reasons Glassnode stops short of endorsing the move outright is the behavior of short-term holders. The firm highlighted the share of short-term holder supply in profit, which measures how much recently acquired supply is sitting on unrealized gains. Historically, local tops in bear market rallies have often formed as that figure approaches its statistical mean of around 54.2%. It currently stands at 43.2%. Related Reading: Bitcoin Price Alert: German State Could Take Control of Another 57,000 BTC That, according to the report, means the rally may still have some room to run before it reaches a more typical exhaustion zone. But it is also a reminder that Bitcoin is moving into an area where distribution pressure tends to build, especially if newer market participants start using strength to de-risk. Glassnode sees that process already underway in broader realized profit-taking metrics. The 30-day EMA of the realized profit/loss ratio now sits at 1.16, a reading above 1 that signals realized profits are outpacing realized losses. In the firm’s words, “the current reading of 1.16 confirms that investors are broadly seizing the present rally as an opportunity to exit positions at breakeven or capture thin profit margins. While this is not an immediate reversal signal, a sharp spike in this ratio during a bear market rally has historically been a cautionary indicator of distribution rather than genuine demand recovery.” That distinction runs through the entire report. The rebound is real, Glassnode suggests, but the character of the move still matters. For the rally to evolve into something more durable, the market would need to absorb selling pressure and establish support above $78,100, not merely trade up to it. Off-chain data tells a similar story. Spot cumulative volume delta has improved sharply since February’s capitulation, but the demand profile remains selective. Binance-led buying has outpaced Coinbase, suggesting stronger participation from offshore and retail-driven segments than from the institutional cohort often associated with Coinbase flows. Glassnode called that divergence notable, arguing that sustained rallies typically need broader engagement from both sides of the market. Institutional proxies have also improved, albeit cautiously. CME futures open interest has started rebuilding from local lows, and US spot ETF assets under management have turned higher after a stretch of outflows. Still, neither series has returned to previous highs, which Glassnode said points to “a more cautious re-engagement, rather than a full risk-on shift.” Related Reading: Bitcoin Could Be Near A Bigger Breakout As Key Metrics Turn, Capriole Founder Says In derivatives, the firm found little evidence of strong directional conviction. Funding rates remain broadly balanced, implied volatility has compressed across the curve, and 25-delta skew continues to favor puts over calls, even if the tilt has softened from more defensive extremes. In plain terms, traders have reduced some of their stress hedging, but they have not rotated aggressively into upside exposure either. Hyperliquid liquidation data reinforces that picture of a reactive market. Dense long liquidations sit between $63,000 and $65,000, while short liquidation clusters are concentrated around $74,000 to $76,000. Recent price action has repeatedly interacted with those zones, suggesting flows and liquidation mechanics are still shaping the range more than strong underlying conviction. Glassnode also flagged dealer positioning as a key near-term market structure factor. A large pocket of negative gamma between $74,000 and $76,000 could amplify moves if spot continues higher, turning what might look like resistance into an area where hedging flows accelerate price. Even so, the report stops well short of declaring a breakout regime. The result is a market that looks healthier than it did during the February washout, but still far from settled. Bitcoin bulls may have a clear target in $78,000, yet Glassnode’s message is that reclaiming it will require more than momentum alone. It will take sustained inflows, deeper institutional participation, and enough real demand to absorb the profit-taking now building into strength. At press time, BTC traded at $74,905. Featured image created with DALL.E, chart from TradingView.com

Bitcoin has seen a lot of sell-offs recently that have contributed to the decline in its price. As a result, there has been a lot of panic in the market as the sentiment shifted deep into the negative. However, it seems like the larger investors are actually looking at the current downtrend as an opportunity to fill up their bags. The buying has been rapid recently, suggesting that I stations are actually picking up whatever BTC retail has been dumping on the market. What The Big Players Have Been Up To The last week has seen a lot of activity from large investors when it comes to Bitcoin and the crypto industry at large. Instead of following the crowd and taking a cautious stance, they have instead been buying up coins at a rapid rate, suggesting bullishness among these big players. Related Reading: Bitcoin Has Hit The Last Bull Trap, But The Accumulation Level Lies Much Lower CoinShares reported that numbers for last week had risen rapidly, with institutions putting $1.1 billion into crypto products. As expected, the vast majority of this inflow had moved into Bitcoin, with $871 million moving into BTC products. This move signaled a change in the sentiment toward Bitcoin, especially among large investors, as they continue to pour into the digital asset. In the same vein, Michael Saylor’s Strategy has also continued its Bitcoin buying spree, with its latest purchase coming in on Monday. According to the announcement, the company had spent another $1 billion buying 13,927 BTC at an average of $71,902 per coin. This move brought the public company’s total Bitcoin holdings to $780,897 BTC, with over $59 billion spent buying the digital asset since 2020. It follows the trend that the big players are still very bullish on Bitcoin’s future despite the decline. Bitcoin ETF Inflows Are Still Ramping Up Although there have been some outflows from the Bitcoin ETF funds, the inflows far outweigh the selling. According to data from the Farside Investors website, the inflows far outweigh the outflows for the last week, and the trend has continued in the new week. Related Reading: What The Bitcoin Relief Rally Above $71,000 Says About Where The Price Is Headed Analysts are also predicting that the Bitcoin price will continue to surge, with Merlijn The Trader saying the BTC price will hit $150,000 once the manipulation phase is over. But the decision still remains to be made, and this will happen at $70,000. Bitcoin analyst Willy Woo also pointed out that Bitcoin capital flows have turned positive for the first time since January. This means that liquidity is now returning to the market again and could provide a much-needed prop for the price to continue to rally. Featured image from Dall.E, chart from TradingView.com

As Bitcoin (BTC) attempts to hold the $74,000-$75,000 area, an analyst suggested that the flagship crypto could see another 10% rally toward a key area, but warned that this level could be the ceiling. Related Reading: BNB Chain’s RWA Value Tops $3.5 Billion As Global Ecosystem Grows Bitcoin Double Bottom Breakout Targets Key Level In a Wednesday analysis, crypto analyst Rekt Capital shared an outlook for Bitcoin’s potential rally, as it holds the $73,000-$74,000 area as support for the first time in a month. The analyst highlighted that BTC’s price continues to move between its 2021 and 2024 all-time highs (ATHs), which have been a major resistance area since the early February correction. After the recent market rally, the flagship crypto retested the 2021 ATH as a new support level on the weekly timeframe, but ultimately rejected from the 2024 ATH during last week’s close. According to the analyst, if Bitcoin can weekly close above the 2024 ATH, located around $74,000, then the price could move into the high $70,000. “Until that confirmation, however, price will continue to be sandwiched between 2021 and 2024 old All Time Highs,” he added. Rekt Capital also noted that BTC has formed a double bottom pattern in the weekly timeframe, and is “now pressing beyond the resistance” of the formation. As he explained, the cryptocurrency would need a weekly close and a post-breakout retest of the top of the double bottom, around $72,810, to confirm a breakout. If it confirms a breakout from this formation, the price could rally toward the $81,000-$82,500 area in a Measured Move. Nonetheless, the analyst warned that, given the phase of the market cycle we are currently in, the price will likely develop a macro market structure that “will appear sufficiently bullish only to ultimately fail over time.” “The failure could occur by virtue of rejecting from the Double Bottom resistance, by failed post-breakout retest to register a fake-breakout, or by falling short of a Measured Move once the breakout is confirmed.” BTC Resembles 2014 Breakdown Rekt Capital also analyzed BTC’s historical behavior to assess the ongoing rally’s potential failure. The analyst noted that whenever Bitcoin has broken down from its macro triangle formation, the price usually retraces until it forms a bear market bottom. However, the way the cryptocurrency does that has differed from cycle to cycle, he detailed. In 2018 and 2022, the breakdown led to a very quick bearish acceleration toward the bear market bottom accumulation period. On the contrary, Bitcoin consolidated below the triangle base in 2014, retested it, and saw another leg down. This time, BTC’s performance resembles its 2014 breakdown, as it has been consolidating behind the triangle base after losing it in January. To the analyst, if the cryptocurrency continues to mirror its 2014 performance, the price could consolidate a bit longer, potentially rally to the base at $82,500, before rejecting. “Furthermore, Bitcoin tends to build major consolidation periods on breakdowns from Macro Triangles. In 2018 and 2022, these major consolidation periods developed at Bear Market bottoms,” Rekt Capital explained. Related Reading: Bitmine’s Ethereum Holdings Hits 4% Supply Milestone After 71,524 ETH Buy “Whereas in 2014, Bitcoin built two such periods: just beneath the Macro Triangle it broke down from, and then later at its respective Bear Market Bottom,” he continued. The analyst concluded that if history repeats, BTC’s current consolidation could precede additional downside, and another major consolidation period could develop during the bear market bottom. Featured Image from Unsplash.com, Chart from TradingView.com

A proposed court deal in the movie2k case could put another 57,000 Bitcoin within reach of the German state, reviving a supply-overhang story that the market thought had largely passed after Saxony’s 2024 Bitcoin liquidation. Local news MDR reported this week that the presiding judge has outlined a possible agreement that would let Saxony keep the €2.64 billion ($3.112 billion) already raised from last year’s Bitcoin sale and potentially obtain access to additional coins allegedly still controlled by the main defendant. German State Could Gain Access To 57,000 BTC The case centers on the former operators of the illegal streaming portal movie2k.to, now on trial. The lead defendant, 42, is charged in part with commercial money laundering, while a second defendant, 39, faces money-laundering and tax-evasion allegations. The original copyright offenses tied to roughly 220,000 unauthorized works are now time-barred, but the fight over the Bitcoin fortune remains very much alive. After the main defendant’s arrest in 2023, authorities received 49,858 BTC, which were later sold in June and July 2024 for about €2.64 billion. According to MDR’s reporting, the judge sketched the deal on Monday as a way to shorten proceedings rather than litigate every alleged money-laundering violation one by one. Under that outline, the main defendant would confess and receive a prison sentence of one to one-and-a-half years, suspended on probation, while the co-defendant would receive eight to 12 months, also suspended. The real market-moving clause is elsewhere: Saxony would be able to lawfully confiscate the 2024 sale proceeds, and the defendant would also hand over access to another 57,000 BTC (worth roughly $4.224 billion) that prosecutors believe he still controls. Related Reading: What Presidio Bitcoin Found About Quantum Computing: Threat Timeline And Next Steps The legal hinge is whether expired copyright counts still leave room for asset confiscation through the remaining charges and related forfeiture mechanisms. In remarks carried by MDR, court spokesperson Katrin Seidel framed it this way: “It is, in essence, about a large number of copyright violations. But those are time-barred. That means criminal law can no longer reach them.” She added that the money generated from those acts can still potentially be stripped away as criminal proceeds, which is one of the central issues in the case. The 57,000 BTC figure is not coming out of thin air. Prosecutors have argued that the main defendant originally acquired 136,000 BTC with proceeds from advertising and subscription traps linked to the site. After subtracting the nearly 50,000 BTC already transferred to authorities, additional amounts allegedly sold off, and 22,000 BTC and 5,000 BTC said to have been paid to associates, the state’s working assumption is that around 57,000 BTC remain. That estimate has been part of the prosecution narrative since the opening phase of the trial. Related Reading: Bitcoin Could Be Near A Bigger Breakout As Key Metrics Turn, Capriole Founder Says The defense has pushed back hard. In dpa-covered proceedings, lawyers described the indictment as “economically driven,” arguing that the case appears aimed above all at dividing up the defendants’ Bitcoin wealth and constructing a basis for state seizure. That tension matters because the proposal is not final, the defense has criticized its premise, and it remains unclear whether the main defendant would accept any deal that includes surrendering access to additional coins. For Bitcoin traders, the story is less about an immediate transfer than about the reappearance of a familiar risk: state-controlled supply that could eventually be sold into the market. Saxony’s last liquidation became a widely watched price event. If this deal advances and the 57,000 BTC are actually reachable, that overhang comes back into view. At press time, Bitcoin traded at $74,320. Featured image created with DALL.E, chart from TradingView.com

Bitcoin has faced strong rejection around the $76,000 resistance zone, signaling that bullish momentum is beginning to fade at higher levels. With selling pressure increasing and key support levels now in focus, the market is entering a critical phase where a breakdown could start to take shape if buyers fail to regain control. Rejection At $74,000–$76,000 Caps Bitcoin’s Momentum Bitcoin faced a firm rejection after pushing into the $74,000–$76,000 resistance zone, highlighting strong selling pressure at the top of the range. The inability to sustain momentum above this region suggests that bulls are struggling to take full control, leaving price vulnerable to short-term pullbacks. Related Reading: Why Every Bitcoin Macro Triangle Breakdown Has Led To A Retracement Phase According to analyst Kamile Uray, the $70,467 level on the 4-hour chart has now become a critical pivot point. As long as BTC continues to hold above this level, the structure remains supportive of further upside.  If a breakout above resistance occurs with strong volume confirmation, Bitcoin could extend its rally toward the $79,000 level. Beyond that, $98,000 stands as the next major macro target to monitor. However, repeated rejection at resistance combined with a breakdown below $70,467 would weaken the structure and likely open the door for a move into the $68,000–$66,000 support region. On the daily timeframe, the $65,666 level remains a crucial foundation for the broader trend. Staying above it preserves the bullish outlook in the bigger picture, but a decisive close below this level would signal growing weakness. In that scenario, BTC could revisit support zones at $63,823, $62,433, and $60,000, with a daily close under $60,000 potentially confirming a more extended bearish phase. Bearish Engulfing Hints At Shift In Market Control In a recent BTC update on the 4-hour timeframe, analyst Minga revealed that the price is currently ranging above the previous weekly high on lower timeframes, indicating a period of consolidation after the recent upward push. While holding above this level suggests some underlying strength, the lack of follow-through highlights growing hesitation among buyers. Related Reading: Bitcoin Supply Map Reveals Key Support And Resistance Zones – Analyst On the 4H chart, Bitcoin pushed into the upper boundary of its rising channel but was met with a strong rejection. The move was followed by a bearish engulfing candle, a pattern that often signals a shift in momentum at key resistance zones. The first 4H candle of the new day attempted to reclaim upside momentum but ultimately closed as an inverted hammer. Such a formation typically reflects a potential continuation to the downside. Bears are gradually stepping in and building a stronger case for a pullback. A decisive break below the $73,700 level could accelerate the move toward the lower boundary of the rising wedge. If that structure breaks to the downside, Bitcoin could extend its decline toward the monthly open region around $65,000 over the coming weeks. Featured image from Getty Images, chart from Tradingview.com

Bitcoin price started a fresh surge and cleared the $74,500 zone. BTC is consolidating and might aim for more gains above the $75,000 level. Bitcoin managed to stay above $73,500 and started a fresh increase. The price is trading above $74,000 and the 100 hourly simple moving average. There is a declining channel forming with resistance at $75,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $73,650 and $73,300 levels. Bitcoin Price Aims for Steady Gains Bitcoin price found support near $73,000 and started a fresh increase. BTC gained pace for a move above the $73,500 and $73,650 resistance levels. The last swing high was formed at $76,088 before there was a downside correction. The price dipped below $74,000. It even spiked below the 38.2% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high. Bitcoin is now trading above $74,000 and the 100 hourly simple moving average. There is also a declining channel forming with resistance at $75,000 on the hourly chart of the BTC/USD pair. If the price remains stable above $73,650, it could attempt a fresh increase. Immediate resistance is near the $75,000 level. The first key resistance is near the $75,500 level. A close above the $75,500 resistance might send the price further higher. In the stated case, the price could rise and test the $76,000 resistance. Any more gains might send the price toward the $77,500 level. The next barrier for the bulls could be $78,000. Another Decline In BTC? If Bitcoin fails to rise above the $75,500 resistance zone, it could start another decline. Immediate support is near the $74,250 level. The first major support is near the $73,650 level. The next support is now near the $73,300 zone or the 50% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high. Any more losses might send the price toward the $72,650 support in the near term. The main support now sits at $72,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $73,650, followed by $73,300. Major Resistance Levels – $75,000 and $76,000.

The idea of a hidden backdoor in Bitcoin strikes at the very heart of what the network claims to represent: decentralization, transparency, and trustless control. Over the years, a persistent theory has circulated, suggesting that before disappearing, Satoshi Nakamoto may have left behind an override key. This mechanism could theoretically influence or even control the network. The Mystery Behind Satoshi Nakamoto And The Bitcoin Origins In the early days of Bitcoin, Satoshi Nakamoto introduced the Alert Key and gave one developer the secret key that could override every BTC node. An analyst known as Sweep, the Co-Founder of GlydeGG, revealed on X that in 2010, after the infamous 184 billion bug coin that nearly collapsed the entire network, Satoshi Nakamoto introduced this key designed to help protect Bitcoin in emergencies. Related Reading: Adam Back Denies Being Bitcoin Creator In Response To NYT: ‘I Am Not Satoshi’ When a valid alert was received, BTC clients could enter a form of safe mode, warning users and, in certain cases, limiting normal operation to prevent further damage. Before stepping away, Satoshi transferred this powerful key to Gavin Andresen and also handed over the control of the code repository. Access to the key was reportedly limited to three people: Satoshi Nakamoto, Gavin Andresen, and Theymos. Between 2012 and 2014, the alert key was used 12 times to issue emergency upgrade notices. This decentralized currency with no central authority had a hidden override switch and was controlled by three individuals for six years. This mechanism remained in place until the release of BTC version 0.13.0 in 2016, when it was removed as the network matured and no longer required a centralized alert. Then, in 2018, developers published the key publicly, ensuring it could never be used again in any capacity. Sweep argues that even the most decentralized financial network in history has a hidden backdoor the entire time, and almost nobody knew about it. How Bitcoin Naturally Gravitates Toward Untapped Liquidity Zones Bitcoin’s price action is currently signaling that the rally is nearing exhaustion because the market has already achieved its primary objective on the upside. Crypto trader Max Trades on X has highlighted that the buyers have aggressively driven the price higher, sweeping through all the major liquidity clusters sitting above. With upside liquidity now largely cleared, the market naturally shifts its focus to where liquidity remains. Related Reading: Bitcoin Slides As Failed Diplomacy Sparks Wave Of Shorting Activity According to Max Trades, the first key area sits around $70,000, where a significant liquidity cluster aligns with a strong support level. Below that, another large cluster sits at the range low between $65,000 and $66,000. Even if the bullish trend continues, BTC would see a pullback around the current area and sweep the liquidity around the $70,000 zone. Featured image from Getty Images, chart from Tradingview.com

Bitcoin may be approaching another pivotal point in its long-term market cycle, according to a recent analysis shared by crypto analyst @CryptoTice on X. The analyst argues that a time-based signal that historically appeared at major market bottoms has triggered again, a development he suggests has previously preceded large upward expansions in price. A 14-Month Timing Pattern That Has Marked Bitcoin Bottoms The signal highlighted by CryptoTice centers on a recurring 14-month period that has historically followed Bitcoin’s most significant market downturns. In the chart attached to the analyst’s post, this timeframe appears repeatedly across several market cycles, each instance marked by a red segment labeled “14 Months” followed by a large green expansion box representing the next upward move. Related Reading: XRP Sentiment Is Sitting At Levels That Have Led To A Price Rally, But Is This Time Different? The pattern begins with the 2014 market cycle. After the prolonged decline that followed the 2013 peak, Bitcoin spent roughly fourteen months consolidating before establishing a durable bottom. According to the chart, the market then transitioned into a powerful rally that carried prices into the next major bull phase. A similar sequence appeared again after the 2018 bear market. The chart illustrates another fourteen-month stretch between the bottoming phase and the beginning of a major upward trend. Once that period concluded, Bitcoin entered the rally that eventually drove the market to new highs during the 2020–2021 cycle. The third example referenced in the chart occurs after the 2022 market downturn. Again, the timing window highlighted by the analyst spans approximately fourteen months before the market structure shifted upward. In each case, the chart visualizes a comparable structure: a defined time interval following a bear-market low, followed by a strong expansion phase. CryptoTice claims that the same timing alignment has now appeared again in 2026. Why Analysts Say This Bitcoin Signal Could Matter The analyst argues that the current cycle has now reached the same 14-month timing window that historically aligned with previous Bitcoin market bottoms. This timing condition alone does not confirm a rally. Instead, it acts as a structural prerequisite that has repeatedly appeared before major upward movements. Related Reading: It’s Too Early For A Bitcoin Price Bottom, Here’s What You Should Be Looking At The reasoning behind the signal focuses on broader market dynamics. According to the analysis, several underlying conditions have already unfolded during this period. Market risk has been repriced following previous volatility, excessive leverage within the system has been removed, and overall sentiment has cooled significantly compared to the peak of the previous cycle. When these factors combine with the historical timing structure, the analyst argues that the market environment begins to resemble previous transition points between bear phases and major bull markets. However, CryptoTice emphasizes that time alignment alone does not guarantee an immediate breakout. Instead, he frames the current moment as a potential opportunity window. If the historical pattern repeats as it did after 2014, 2018, and 2022, the analyst believes the market could once again be approaching the early stage of a major expansion cycle for Bitcoin. Featured image created with Dall.E, chart from Tradingview.com

Crypto market analyst Marmot has sounded the alarm on the latest Bitcoin price surge, warning that the cryptocurrency’s rally above $70,000 is a “very, very bad” signal. He argues that Bitcoin has not flipped into bullish territory, urging investors and traders not to mistake the recent rebound as a sign of sustained recovery. Based on his technical analysis, Marmot believes that Bitcoin is yet to reach its true bottom, warning that the flagship cryptocurrency could still face another sharp decline. Why The Bitcoin Price Rebound Above $70,000 Is Bad Marmot has called Bitcoin’s price rebound above $74,000 a trap. In a post on X, he emphasized how dire the situation surrounding BTC is, suggesting that the market could be headed for a deeper pullback to new lows once the uptrend reverses. The analyst noted that Bitcoin’s pump above $72,000 was not without reason, highlighting that the bounce was a carefully designed whale trap to attract retail buyers before a broader sell-off. Related Reading: Bitcoin Bulls Must Hold This Level Or Price Could Crash To $65,000 Again Marmot urged investors not to mistake this relief rally as the beginning of a new bull run. He noted that similar rallies have historically lured traders into poorly timed entries, only to be flushed out. The analyst also outlined why 90% of BTC traders typically get wiped out in November 2026, when previous bear market cycles bottomed.  According to Marmot, during a bear market, Bitcoin often experiences bull traps, in which sudden price pumps create the illusion that the downtrend has ended. This move tends to fuel hope and trigger FOMO among investors, leading many to buy into the rebound.  Once this happens, Bitcoin’s price reverses sharply to the downside, often falling back to levels it reached before the rally began, triggering heavy liquidations.  The analyst emphasized that, beneath the recent price strength, global liquidity is drying up as institutions quietly exit the market to limit downside risk. With weaker demand and ongoing geopolitical tensions weighing heavily on market sentiment, Marmot believes Bitcoin’s bear market bottom is still very far away.  Timeline And Target For Bitcoin’s Price Bottom In his chart analysis, Marmot referenced past cycles, noting that Bitcoin has historically experienced long drawdowns before forming a bottom. He pointed out that in 2012, Bitcoin traded sideways for up to 405 days before it hit a bottom. In the 2026 cycle, the cryptocurrency found a price floor after about 362 days, and finally, in 2020, the market declined for roughly 376 days before reaching a bottom.  Related Reading: What The Bitcoin Relief Rally Above $71,000 Says About Where The Price Is Headed Based on this historical bear market pattern, Marmot estimates that Bitcoin’s capitulation phase in this cycle could occur between July and November 2026. His chart shows that BTC’s price could rise even higher above $78,000 before experiencing a final pullback below $54,000, where it may likely find its true bottom. Featured image from Getty Images, chart from Tradingview.com

Bitcoin (BTC) is pressing up against a major decision point after failing to break above the $76,000 resistance level. Following consecutive rejections in that area, the cryptocurrency has shifted into consolidation once again.  Bitcoin Set For A ‘Final Push’ One of the latest bullish takes came on Wednesday from market analyst Ted Pillows, who recently suggested that Bitcoin has broken out of a broader 7-month downtrend.  In his view, this shift is supported by a technical signal on the weekly chart: a weekly MACD bullish cross. Pillows argues that, together, these developments could trigger what he describes as a final push higher, with BTC potentially targeting the $77,000–$78,000 zone. Related Reading: Bitcoin Price Breaks Higher: What The Market Data Says Could Happen Next Yet Pillows also included a warning that tempers the upside outlook. He said that after Bitcoin reaches that area, the cryptocurrency could fall to new yearly lows in the second quarter, without offering a specific price level for how low BTC might drop.  In explaining why a bottom might form later, Pillows pointed to the macroeconomic backdrop. He believes the new Federal Reserve (Fed) chair will accelerate rate cuts and drive liquidity injections in the third quarter as mid-term elections approach.  According to his scenario, that policy shift would help establish a market bottom for Bitcoin and could set the stage for a “V-shape” recovery, similar to what the market experienced during March 2020 and again in April 2025. Extreme Capitulation Scenario A separate technical post from analyst Ali Martinez focused more directly on timing and “capitulation” levels that could define the floor. Martinez highlighted the Long-Term Holder (LTH) Realized Price of approximately $49,387 as what he called the final line of defense for the cycle.  Related Reading: What Presidio Bitcoin Found About Quantum Computing: Threat Timeline And Next Steps In his framework, if Bitcoin reaches that level and holds, it may prevent the market from sliding into a more severe outcome. However, Martinez also described an extreme scenario—what he referred to as a “black swan” event—where a further wick down could occur to the -0.2 Standard Deviation Band at $36,657. Martinez suggested that these two levels can be viewed as “Generational Entries,” meaning they could represent points where longer-term participants step in and where conditions begin to shift from capitulation toward recovery.  Featured image from OpenArt, chart from TradingView.com 

Bitcoin is consolidating around the $74,000 level after a stretch of bullish price action that has brought buyers back into the market and renewed optimism around a broader recovery. While price momentum remains the focus for most traders, an important structural development is quietly unfolding on the supply side — one that could play a meaningful role in determining whether the current strength holds or fades. Related Reading: Ethereum Just Saw Its Strongest Institutional Demand Signal Since October: Find Out If It Lasts According to an Arab Chain report, the Miners’ Position Index has moved into negative territory, recording a reading of approximately -0.83. That reading reflects a clear shift in miner behavior: rather than transferring Bitcoin to exchanges in preparation for selling, miners are currently opting to hold. The result is a meaningful reduction in one of the market’s most consistent sources of structural selling pressure. The historical context makes the current reading more significant. When the MPI rises above 2, it has consistently signaled periods of elevated miner selling — and the chart shows that those spikes have coincided with price corrections. The current negative reading represents the opposite condition: miners are not adding to exchange supply, and the overhead pressure that those transfers typically create is largely absent from the market right now. For Bitcoin attempting to consolidate gains near $74,000, that matters. Rallies that develop without miner selling pressure tend to face fewer internal headwinds than those that must absorb simultaneous supply from the network’s largest producers. A Different Pattern From the Spikes The chart history behind the current MPI reading adds important context. Over the previous months, the index experienced several sharp spikes above the 2 level — and each one coincided with a period of price weakness for Bitcoin. That correlation was not subtle. When miners moved aggressively to exchanges, price followed downward. The pattern was consistent enough to function as a leading indicator of short-term selling pressure entering the market from one of its most structurally significant sources. The current phase looks different. Rather than spiking, the index is moving within a low, stable range — a behavioral shift that suggests miners have collectively stepped back from the distribution posture that defined those earlier episodes. At -0.83, the index is not just below the danger threshold. It is signaling that the miners who drove previous corrections are currently sitting on their coins rather than moving them toward exchanges. With Bitcoin trading near $74,000, the timing of that shift matters. A price attempting to consolidate at elevated levels is considerably more durable when the supply side is quiet than when it is actively adding overhead. The report frames the outlook carefully — continued stability in the MPI would support more balanced price action going forward, while any return toward the 2 threshold would warrant closer attention as a signal that miner behavior is shifting back toward distribution. For now, the pressure that caused previous corrections is absent. That is not a guarantee of further upside, but it removes one of the clearest historical triggers for downside. Related Reading: XRP Has Not Been This Illiquid Since 2021: The Setup Nobody Is Talking About Bitcoin Approaches Structural Inflection Point Bitcoin is attempting to reclaim the $74,000 level after a sharp February breakdown that reset market structure and flushed leverage. The selloff, marked by a high-volume capitulation wick into the low $60,000s, defined the current range and established a clear local bottom. Since then, the price has been forming a series of higher lows, indicating gradual buyer re-entry and stabilization. The recovery, however, is now testing a critical confluence zone. The $74,000–$75,000 region aligns with prior support turned resistance and sits directly beneath the declining 100-day moving average (green), while the 200-day (red) remains significantly higher, reinforcing the broader downtrend. Related Reading: Ethereum Profit-Loss Indicator Is Hovering Just Below Neutral – The Market Waits for A Catalyst Short-term momentum is improving. The 50-day moving average (blue) has turned upward and is supporting price from below, suggesting that the current move is structurally healthier than previous relief rallies. However, the lack of expansion in volume compared to the February capitulation implies that this is still a controlled recovery rather than aggressive accumulation. The key variable is acceptance above $75,000. A sustained break would shift the structure toward a continuation phase and open the path toward the $80,000 region. Failure to break cleanly would likely result in another rejection, reinforcing the current range between roughly $68,000 and $75,000. Featured image from ChatGPT, chart from TradingView.com 

Ethereum has already shown the way. While Bitcoin climbed roughly 5% in a single day, Ether moved more than 8% — outpacing it by a factor of nearly 1.4. That gap, according to one analyst, is a preview of what the broader crypto market could do if Bitcoin keeps climbing through the rest of April. Related Reading: ‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces A Specific Price Level Is Drawing Attention Michael Van de Poppe, founder of MN Fund and a widely followed market analyst, says Bitcoin has a clear path to the $80,000–$85,000 range before the month closes out. He made the call on X this week, pointing to a recovering global market as the main force behind the expected move. Bitcoin was trading around $74,500 at the time of his post, up more than 5% in 24 hours, with trading volume jumping over 90% over the same period. #Bitcoin aims to attack the highs and is consolidating around $75K. If it blasts through $75K with volume, we’ll be in for $80-85K this month, as that’s where the higher timeframe resistances are. Yesterday I’ve made an analysis with several scenarios that I’m looking for.… pic.twitter.com/zq47n6NhXk — Michaël van de Poppe (@CryptoMichNL) April 14, 2026 The $85,000 target would mark a return to price levels Bitcoin last visited in late January, when it slipped from around $89,000 down to $84,600. Getting back there would represent a gain of nearly 14% from where it stood when Van de Poppe made his call. One level matters more than the rest right now: $75,000. According to Van de Poppe, breaking through that resistance with strong volume behind it sets the stage for the run to $80,000–$85,000 — where heavier selling pressure from longer-term chart history tends to sit. Bitcoin had already pushed past $75,000 by the time the analysis circulated. Downside Support Gives The Bull Case A Floor Van de Poppe also outlined what could keep the bullish scenario alive even if prices pull back. Based on his analysis, as long as Bitcoin holds above $72,000, there is better than a 70% chance it trades above $80,000 before April ends. That support zone acts as a line in the sand. A drop below it would likely change the picture. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert The backdrop helping Bitcoin here is broader than crypto. Global markets have been stabilizing after weeks of pressure tied to geopolitical tensions, and Bitcoin has moved in step with that recovery. Altcoins Could Amplify The Move Van de Poppe’s bigger claim may be the one about altcoins. He sees them moving at two to three times Bitcoin’s rate — meaning if Bitcoin gains 10%, altcoins could rise 20% to 30% or more. Reports indicate that this pattern tends to follow a predictable path. Capital flows into Bitcoin first, then into large-cap coins, and eventually rotates into smaller altcoins. Featured image from Meta, chart from TradingView

The US-Iran war continues to affect Bitcoin, Ethereum, and Dogecoin prices, with volatility at high levels. However, risk-on sentiment also appears to be returning, with open interest rising as BTC rises to a new multi-month high.  How The US-Iran War Affects The Bitcoin, Ethereum, and Dogecoin Prices In an X post, crypto analyst Michaël van de Poppe noted that the US-Iran war continues to drive market volatility. He further remarked that there won’t be a path forward where the Bitcoin, Ethereum, and Dogecoin prices will do well if this continues to be the consensus. However, he added that the U.S. economy is “sufficiently weak” and that the Fed has no choice but to start printing money again, which is a positive for these risk assets.  Related Reading: Bitcoin Is Playing Out The Same Cycle Again On A Bigger Scale Bitcoin, Ethereum, and Dogecoin prices have so far held up amid the US-Iran war, with BTC rallying to a multi-month high of $76,000 yesterday. This comes as market participants continue to price in an imminent end to the war despite the fragile two-week ceasefire. US President Donald Trump recently mentioned that another round of peace talks could happen within the next two days, which has also sparked bullish sentiments.  Interestingly, risk-on sentiment has increased amid the US-Iran war, which is also contributing to the rally for Bitcoin, Ethereum, and Dogecoin prices. On-chain analytics platform Santiment noted that BTC and ETH’s rally to their highest levels since the start of February comes with increased optimism, as margin and leveraged positions are being created rapidly.  Santiment revealed that Bitcoin’s open interest has surged 59% over seven weeks, while Ethereum’s has climbed 45% over the same period. The platform noted that this reflects growing trader conviction but also introduces higher risk as crowded leveraged trades can quickly unwind. They added that when open interest climbs alongside prices, markets often become more volatile, with sudden squeezes in either direction more likely.  Analyst Warns That BTC Has Yet To Form A Bottom Crypto analyst Colin has warned that a bear market bottom has unlikely formed despite the rebound in the Bitcoin, Ethereum, and Dogecoin prices amid the US-Iran war. He noted that the $60,000 February bottom for BTC was only four months into a typical 12-month cycle, which is why he believes that the $60,000 price level isn’t the bear market bottom.  Related Reading: Ethereum Is About To Go ‘Parabolic’ – Analyst Signals Golden Triangle Formation The analyst acknowledged that the bear market could be shorter this time around, but not by 2/3 of the normal bear cycle. He also noted that Bitcoin’s drop so far from its October 2025 peak is only 53%, compared to the 77% crashes recorded in prior cycles. In line with this, Colin said, “The $60k bottom is *statistically unlikely* to be the bottom.” Featured image from Pixabay, chart from Tradingview.com

More than 87% of Argentinians surveyed in a January Coinbase poll said they view crypto and blockchain technology as a way to strengthen their financial independence — a sign that the role of Bitcoin in the global economy may already be shifting well beyond what markets have priced in. Related Reading: ‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces Bitcoin’s Dual Role Draws New Attention Matt Hougan, chief investment officer at Bitwise, made that case publicly this week. He said Bitcoin could one day command a total addressable market larger than gold’s $34 trillion valuation — but only if it manages to function both as a store of value and as an actual working currency. That’s a bigger claim than what Bitcoin bulls have traditionally made. For years, the comparison to gold was the headline argument. Now, a war is adding a new layer to that conversation. https://t.co/jxIcOn1e23 — Matt Hougan (@Matt_Hougan) April 14, 2026 Iran has proposed allowing ships passing through the Strait of Hormuz to pay a toll in crypto. The plan, reported in recent days amid escalating conflict with the United States, is being watched closely by Bitcoin investors. To Hougan, it points to something larger. In a world where countries have turned financial systems into weapons, he wrote on social media, Bitcoin is emerging as an option that no single government controls. A $1 Million Price Target — And Possibly Higher Hougan previously put a number on his store-of-value thesis: if Bitcoin captures 17% of that market over the next decade, each coin could be worth $1 million. Based on his latest comments, that figure may need to be revised upward if Bitcoin begins functioning like a currency alongside its role as a savings vehicle. At the time of writing, Bitcoin trades around $74,150, with a total market cap of roughly $1.4 trillion. Gold, by comparison, sits at $4,854 per ounce, with an estimated market cap exceeding $33 trillion. Corporate treasuries have also been buying in. Data shows private and public companies collectively hold more than 1.5 million Bitcoin, valued at over $116 billion. Merchant Adoption Remains A Work In Progress Still, the currency side of the equation has ground to cover. A study by academic publisher Springer Nature found roughly 11,000 merchants worldwide currently accept Bitcoin as payment — a relatively modest number for an asset of its size. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert Adoption has been strongest in countries where local currencies have collapsed. Citizens in Turkey and Venezuela, like those in Argentina, have turned to Bitcoin to protect savings against persistent inflation. Whether Iran’s crypto toll proposal signals a turning point for Bitcoin as an international currency — or simply reflects one sanctioned nation finding a workaround — remains to be seen. What’s clear is that Bitwise believes the story is bigger than gold alone. Featured image from Meta, chart from TradingView

Bitcoin may be approaching a more consequential upside move if current technical and on-chain trends hold, according to Capriole founder Charles Edwards, who argued in a new market note that a cluster of macro, sentiment and blockchain indicators has shifted in a more constructive direction despite a volatile geopolitical backdrop. Edwards framed the current environment as unusually difficult to navigate, with markets swinging between war fears, oil spikes and a fast-moving AI threat landscape. Even so, he said the underlying signal from Bitcoin and broader macro data is increasingly hard to ignore, particularly if BTC can sustain a monthly and weekly close above $71,500, a level he described as a critical threshold. Bitcoin Technicals And On-Chain Turn Bullish On price structure alone, Edwards said a close above $71,500 would mark Bitcoin’s strongest technical monthly finish in a year. On the daily chart, he described the recent move as even more encouraging, citing an engulfing advance and notable relative strength against other markets since the start of the Iran war. That relative performance matters in his framework because Bitcoin had largely traded like a risk asset over the prior nine months. Related Reading: What Presidio Bitcoin Found About Quantum Computing: Threat Timeline And Next Steps He paired that chart view with a series of on-chain signals that, in his view, resemble prior accumulation zones. Normalized dormancy is low, which he said suggests long-term holders are not distributing into weakness. He also pointed to renewed “restacking” by longer-dated holders, including a recent turn in the 2-year-plus cohort, and to deeply depressed SOPR readings, which historically have often coincided with stronger forward Bitcoin opportunities. Miners are sending a similar message, he argued. Edwards said the market remains in a deep miner capitulation phase, referencing Hash Ribbons, while miner sell pressure is also unusually subdued. He added that one of the most important charts in his stack now shows institutions as net buyers again, a backdrop he said has accompanied every major Bitcoin appreciation phase of the last five years when demand exceeded newly mined supply. Taken together, the message was straightforward: “Amongst this swathe of data (and more) it’s hard not to be bullish on Bitcoin above $71.5K.” Macro Fear Is Fading, But Not Gone Edwards also tied Bitcoin’s improving backdrop to traditional market gauges. He highlighted a recent VIX macro buy signal after volatility dropped from above 30 toward the 20 area, a CNN Fear & Greed reading back in buy territory, and what he called the biggest weekly jump in US liquidity since May 2025. In his telling, those shifts suggest markets are beginning to move past the sharpest phase of geopolitical panic. That matters because, in his reading, markets are increasingly treating the Iran conflict as a contained risk rather than a lasting macro shock. Oil has moved back below $100, the US-Iran ceasefire is in place, and Bitcoin has outperformed equities by 11% since the war began, according to Edwards. For an asset that had spent months in a broad downtrend, he sees that as a meaningful change in character. He went further, arguing that markets may now be entering what he called “volatility fatigue,” a phase in which investors begin discounting daily headline reversals and return to pricing liquidity, growth and fundamentals instead. Related Reading: Bitcoin Whales Ramp Up Accumulation: Holdings Hit 2-Month High Still, the note was not purely a bullish market call. Edwards spent substantial time on what he sees as a growing AI-driven security threat to crypto infrastructure, especially DeFi and complex smart contract systems. He argued that increasingly capable models will compress the time needed to discover and exploit vulnerabilities from months to minutes. His advice was blunt: “If you don’t have a really good reason to use complex DeFi protocols and smart contracts, you probably shouldn’t be as we enter this new AI realm. Think about it. Is it really worth the complexity of juicing out that extra few basis points to lend/borrow/bridge/stake/restake?” That caution sits alongside the bullish case rather than against it. Edwards’ broader argument is that the market is starting to reward opportunity over fear, but only for investors who remain disciplined on risk. “Let’s not overweight the problems in our head, but be prepared accordingly,” he wrote. “Long-term performance has historically rewarded those that position for the optimistic outcome, while concurrently managing risks, diligently monitoring the data and acting with strong conviction. In short, if the current move breaks down next week, and risk metrics start flashing, our systematic portfolio will pivot accordingly. Until then, things look great for Bitcoin and equites today.” At press time, BTC traded at $74,117. Featured image created with DALL.E, chart from TradingView.com

While others argue that the Bitcoin price has already found its bottom and could be gearing up for a bullish reversal, one crypto analyst has rejected these claims, expecting further downside instead. According to Marmot, a crypto expert on X, Bitcoin has not yet reached its true price floor. He warns that the flagship cryptocurrency could crash below $45,000 before any sustainable recovery to the upside takes shape.  Bitcoin Price Action Mirrors 2022 Bear Market In a recent X post, Marmot shared a bearish analysis of Bitcoin, comparing its current bear market to past cycles. The analyst noted that Bitcoin’s recent price action closely mirrors patterns seen in the 2022 bear market.   Related Reading: What The Bitcoin Relief Rally Above $71,000 Says About Where The Price Is Headed Notably, Bitcoin has already fallen more than 40% from its all-time high above $126,000 in October 2025. Since that peak, the flagship cryptocurrency has trended downward, recording brief price rallies, which Marmot has described as “fake recoveries.” These upside moves temporarily lure investors into the market before prices reverse sharply downwards, leading to losses.  To support his bearish outlook, Marmot has divided Bitcoin’s current bear market into three phases. The first phase was completed after the cryptocurrency crashed by over 54%, now trading at around above $74,000. According to him, the market is now in the second bear phase, a period characterized by repeated bull traps, fakeouts, and continued volatility designed to wipe out short-term investors.  The most recent bull trap was observed after the US-Iran ceasefire announcement, which sent Bitcoin surging briefly above $73,000. However, this rally proved short-lived as the price quickly reversed toward $71,000 before rebounding again above $74,000 at the time of writing.  As bear traps repeatedly wipe out more shorts and long positions get caught in successive bull traps, Marmot argues that Bitcoin is now entering the final phase of its bear market. He believes that this stage is where Bitcoin’s true bottom is most likely to form.  Analyst Forecasts The “Real” Bitcoin Bottom In his chart, Marmot placed Bitcoin’s projected bottom below the $43,700 level. With the price currently hovering around $74,000, this implies a potential decline of over 40% and a drop of more than 65% from its all-time high.  Related Reading: Bitcoin Bulls Must Hold This Level Or Price Could Crash To $65,000 Again Before reaching that low, Marmot predicts that the market could experience one final crash to shake out the remaining market participants. His price chart shows that Bitcoin experienced a bear trap and a bull trap before ultimately bottoming during the 2022 cycle. Notably, the current cycle is almost perfectly repeating the same pattern, with BTC’s bull and bear trap already complete as the market gears up for its next bottom crash.  The chart also shows that rather than a straight decline to the projected price floor, BTC could first drop to $45,500, stage a brief rebound, and then hit a bottom before recovering and climbing back above $45,000 as its new bullish phase begins. Featured image from Pixabay, chart from Tradingview.com

Bitcoin price started a fresh surge and cleared the $74,200 zone. BTC is consolidating and might aim for more gains above the $75,500 level. Bitcoin managed to stay above $73,200 and started a fresh increase. The price is trading above $74,200 and the 100 hourly simple moving average. There is a declining channel forming with resistance at $75,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $73,950 and $72,650 levels. Bitcoin Price Aims for More Upsides Bitcoin price found support near $71,200 and started a fresh increase. BTC gained pace for a move above the $72,500 and $73,200 resistance levels. The bulls even pushed the price above the key level at $75,000. A high was formed at $76,088, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high. Bitcoin is now trading above $74,200 and the 100 hourly simple moving average. There is also a declining channel forming with resistance at $75,200 on the hourly chart of the BTC/USD pair. If the price remains stable above $74,000, it could attempt a fresh increase. Immediate resistance is near the $74,800 level. The first key resistance is near the $75,200 level. A close above the $75,200 resistance might send the price further higher. In the stated case, the price could rise and test the $76,000 resistance. Any more gains might send the price toward the $77,500 level. The next barrier for the bulls could be $78,000. Downside Correction In BTC? If Bitcoin fails to rise above the $75,200 resistance zone, it could start another decline. Immediate support is near the $73,950 level. The first major support is near the $73,300 level. The next support is now near the $72,650 zone or the 50% Fib retracement level of the upward move from the $70,518 swing low to the $76,088 high. Any more losses might send the price toward the $72,000 support in the near term. The main support now sits at $71,850, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $73,950, followed by $72,650. Major Resistance Levels – $75,200 and $76,000.

The Bitcoin price is bouncing back strongly amid growing hopes for a potential shift in the standoff between the US and Iran. So far, BTC has gained roughly 10% in the weekly time frame. This pushed the asset back toward the $76,000 area and briefly marked a nearly one-month high.  The move appears to have been driven by improving sentiment around the conflict, even as tensions remain very real and the US simultaneously took action in the region. Regulatory Clarity Before A Bigger Push? The Bitcoin price rally followed claims by President Donald Trump that Iran had reached out to his administration about possible peace talks. At the same time, the US began a naval blockade of the Strait of Hormuz.  Related Reading: XRP Could Face Big Moves Based On CLARITY Act Outcomes – 3 Key Price Scenarios Damien Loh, chief investment officer at Ericsenz Capital, told Bloomberg that Bitcoin is behaving like other risk assets during the move. In his view, the market interpreted Trump’s comments as a sign that the timeline for a deal may be getting extended and that another round of discussions is being pursued.  Loh also added an important nuance: the Bitcoin price has been trading better than broader risk assets, but he suggested it may take additional regulatory clarity before the next leg up can truly take hold.  Specifically, he pointed to the possibility that the Bitcoin price could remain range-bound until the US passes the long-awaited CLARITY Act, the industry’s market structure framework.  Bitcoin Price Breakout Is Just Getting Started Market analyst Ali Martinez, citing data from his latest analysis, argued that the current push higher is not finished. Martinez said BTC has finally broken above a descending trendline on its 12-hour chart after roughly two months of consolidation inside a symmetrical triangle.  He described this as a structural change—essentially signaling that the “coiling” phase is over. If the breakout holds, Martinez expects the Bitcoin price could move toward $80,000, which would mark the highest point since January 31 of this year. Martinez also pointed out that the bullish momentum is happening for more reasons than just the Iran–US news. He said Bitcoin miners have paused forced selling and have been hoarding more than $330 million in BTC over the past few weeks.  Related Reading: Three-Way Bitcoin Outlook Tied To US–Iran War—Which Case Is Most Realistic? On the demand side, the analyst said there’s a noticeable increase in interest from US-based institutions. He referenced the Coinbase Premium metric as one piece of evidence, noting that it has flipped positive.  In his framing, a positive Coinbase Premium suggests that regulated capital may be positioning aggressively ahead of what could be the next upward move. Even after the Bitcoin price initially surged toward $76,000, it later retraced slightly. At the time of writing, the Bitcoin price was trading around $75,163, still close to a key level Martinez has highlighted.  He set a target of $75,300, explaining that reaching this price point would liquidate roughly $80 million in short positions. Martinez said this could trigger what he described as a “cascading effect,” where forced buying from liquidations catches bearish traders off guard and allows BTC to continue moving higher. Featured image from OpenArt, chart from TradingView.com 

Bitcoin has approached $75,000 as on-chain data shows the whale-sized investors have pushed their supply to the highest point since mid-February. Bitcoin Whale Holdings Have Crossed 4.25 Million BTC In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the Bitcoin whale supply. “Whales” typically refer to investors holding between 1,000 and 10,000 tokens of the cryptocurrency. Related Reading: Huge XRP Bull Market Ahead? Analyst Flags ‘Ultimate’ Buy Zone At the current exchange rate, this range converts to $74.5 million at the lower end and $745 million at the upper end. Thus, the only holders who would qualify for the cohort would be those with a substantial amount of capital invested in the asset. Given their massive size, whale entities can hold some degree of influence in the market. As such, their behavior can often be worth keeping an eye on. Below is the chart shared by Santiment that shows the data for the combined supply held by investors of this size, which can act as a proxy for their behavior. From the graph, it’s visible that the Bitcoin whale supply witnessed a decline earlier, indicating large investors were participating in distribution. Since bottoming out in mid-March, however, the metric has seen an upward reversal. The uptrend accelerated during this weekend, with whale-sized wallets scooping up 27,652 BTC (worth more than $2 billion) on Sunday alone. The fresh accumulation has meant that the whale supply has returned to 4.25 million BTC, which is the highest value of the metric since mid-February. A Bitcoin rally back toward the $75,000 level has followed the whale expansion, so it’s possible that buying from these humongous investors helped provide fuel for the surge. Whale behavior could now be monitored as what this group will do next could further impact the cryptocurrency’s price. The recent trend has been one of accumulation, but it often doesn’t take much for the whales to flip. Back in February, these investors participated in significant buying initially, but then they quickly reversed course, taking their supply to a lower point than what they started buying at. Related Reading: XRP Social FUD Nears 2-Year High—Contrarian Signal Brewing? Bitcoin isn’t the only digital asset that has seen bullish action from the whale entities recently. As the analytics firm has highlighted in another X post, the Ethereum network has observed a rise in wallets holding at least 100,000 ETH (about $238.4 million). As displayed in the above chart, the large Ethereum holders have seen their population jump from 54 to 57 over the past week, indicating an influx of fresh big-money capital. “You can expect a level of correlation with price when this number grows, and there is strong justification that the #2 market cap can continue its rise,” explained Santiment. BTC Price At the time of writing, Bitcoin is trading around $74,500, up 8% over the past week. Featured image from Dall-E, chart from TradingView.com

Morgan Stanley’s freshly launched Bitcoin exchange-traded fund pulled in nearly $62 million within its first week of trading — a debut that landed in the middle of the strongest week for crypto investment products in three months. Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event Macro Shifts Fuel The Comeback That broader rebound was driven by more than one firm’s market entry. Crypto funds globally attracted $1.1 billion in net inflows for the week ending April 11, according to asset manager CoinShares. The turnaround came after five straight weeks of outflows that drained roughly $4 billion from the market and left investor sentiment battered heading into April. CoinShares head of research James Butterfill pointed to two specific triggers: early ceasefire signals out of Iran and a softer-than-expected US inflation reading. Both helped ease nerves that had kept institutional money on the sidelines. US investors led the charge. Based on CoinShares data, American buyers accounted for $1.06 billion — about 95% of total global flows for the week. US spot Bitcoin ETFs absorbed the largest share, pulling in $833 million, per data from Farside Investors. Bitcoin And Ethereum Both Draw Fresh Money Bitcoin funds worldwide attracted $871 million. Ethereum, which had recorded outflows for three consecutive weeks before this, saw $196.5 million flow back in. Weekly trading volumes climbed 13% to $21 billion, though that number still sits well below the year-to-date average of $31 billion, reports indicate. The positioning among big investors told an interesting story. At the same time institutions were buying into Bitcoin and Ethereum, short-Bitcoin products — funds that profit when Bitcoin’s price falls — recorded $20 million in inflows. That was the highest single-week total for those products since November 2024. Money was moving in, but some of it was being used as a safety net. XRP funds, which had briefly outpaced Bitcoin the previous week with nearly $120 million in inflows, cooled significantly. Reports show XRP investment products brought in a little over $19 million during the same period. Morgan Stanley Moves Deeper Into Crypto Beyond the weekly numbers, Morgan Stanley’s expanding footprint in the space drew attention. The bank has already filed for Ethereum and Solana ETFs following its Bitcoin fund launch. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert According to reports, Morgan Stanley executive Amy Oldenburg said the firm also plans to roll out crypto services including a tokenized money market fund and tax-harvesting options for clients. Year-to-date, Bitcoin ETF inflows have reached just under $2 billion — about 82% of all crypto ETP inflows recorded in 2026. Ethereum remains in the red for the year, sitting at $130 million in cumulative outflows despite last week’s recovery. Total assets under management across crypto investment products climbed back to levels not seen since early February. Featured image from Pexels, chart from TradingView

Across multiple market cycles, Bitcoin has shown a consistent technical pattern that often goes unnoticed until it’s already underway. Whenever price breaks down from a macro triangle structure, it has historically marked the beginning of a broader retracement phase rather than an immediate recovery. These large-scale consolidation formations often signal periods of compression, where price action tightens as the market prepares for a decisive move. How Large-Scale Consolidation Patterns Form On The Bitcoin chart The Bitcoin behavior is following a macro triangle breakdown that has remained structurally consistent across cycles. An analyst known as Rekt Capital on X mentioned that when BTC breaks down from its black macro triangle, price tends to retrace until it forms a bear market bottom over time. Related Reading: Bitcoin On The Brink: One Move Could Trigger A Massive Shift In cycles like 2018 and 2022, the macro triangle breakdown triggered rapid bearish acceleration before transitioning into a final accumulation range at the bottom. However, the current market structure echoes the 2014 macro triangle, where price was consolidating beneath the orange macro triangle base. If BTC continues to mirror 2014, it may remain in consolidation for an extended period, with the previous triangle base at around $82,500 acting as a ceiling for price action. Rekt Capital highlighted that BTC tends to form orange boxes as major consolidation zones after breaking down from macro triangles. In 2018 and 2022, these consolidation phases developed at the bear market bottom. Meanwhile, in 2014, BTC formed two distinct consolidation ranges, one immediately after the macro triangle breakdown and another later at the ultimate bear market bottom. If that historical structure repeats, the current consolidation may not mark the end of the downtrend. Instead, it could be an intermediate phase, potentially preceding additional macro downside over time, with a more definitive consolidation range forming closer to the eventual bear market bottom. Trading Below HTF EMAs Confirms Bitcoin Trend Direction Bitcoin’s current structure continues to support a strongly bearish bias. According to a crypto trader known as ctm_trader on X, a high-timeframe bearish head-and-shoulders pattern is forming, and the price is rejecting at the range highs, an area where risk-to-reward clearly favors short positions. Related Reading: Bitcoin Just Deviated From The Bearish Trend That Began In January And $86,000 Could Be Next At the same time, the majority of liquidity is sitting below the current price, while much of the upside liquidity has already been swept. The recent daily close printed a bearish doji candle. Meanwhile, the Relative Strength Index (RSI) remains in overbought territory, and the Moving Average Convergence Divergence (MACD) shows bearish momentum shifts. From a technical perspective, the price is trading below the high-timeframe Exponential Moving Averages (EMAs), showing that the broader trend remains bearish despite recent upward moves. On lower timeframes, BTC has already experienced a market structure shift, followed by a breakdown below recent lows. Furthermore, the latest rally was largely driven by news and not supported by organic price action. Historically, such impulsive moves tend to retrace. All of these combined make the downside the higher probability moves. Featured image from Pngtree, chart from Tradingview.com

Bitcoin climbed to its highest level since the early-February sell-off after US producer prices went up, but rose less than economists expected, in March, with easing oil prices and stronger equity markets adding to the rebound in risk assets. According to CryptoSlate's data, Bitcoin surged past the $76,000 mark during early US trading hours, with […]
The post Bitcoin surges on $650 million short squeeze, passing $76,000 as US inflation numbers fuels risk asset rally appeared first on CryptoSlate.

A wave of forced liquidations swept through crypto markets on Tuesday as traders who had bet against Bitcoin and Ether were caught off guard by a sharp price surge tied to hopes of a US-Iran agreement. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert Around 80% of the $530 million in total liquidations over 24 hours — roughly $425 million — came from leveraged short positions in the two largest cryptocurrencies. Bitcoin touched just under $75,000 on CoinMarketCap, a level not seen in nearly a month, before running into heavy resistance and retreating to about $74,655. Ether made an even bigger move, climbing 7% to reach $2,378 — its highest point since early February. Geopolitical Hopes Fuel The Move The rally came as markets began pricing in the possibility of a negotiated end to weeks of tension between Washington and Tehran. Jeff Mei, chief operating officer at crypto exchange BTSE, said traders believe the two sides are drawing closer to an agreement. Iran’s oil exports are central to its economy, and a US blockade of the Strait of Hormuz shipping lane could put severe pressure on the country to come to the table. “Now, it appears that Iran is frantically looking to broker a deal, and stock and crypto markets are rallying as a response,” Mei said. US President Donald Trump confirmed Monday that a military blockade had begun. He threatened to eliminate any Iranian vessels that come near. Trump also told reporters Iran wants to reach a deal, but his administration will not sign anything that allows Tehran to pursue nuclear weapons. The broader crypto market climbed to a total value of $2.6 trillion — its highest in a month — as the news spread. About 177,000 traders were liquidated across markets over a 24-hour period, according to data from CoinGlass. Not Everyone Is Convinced The rapid price jump did not go unquestioned. Valerius Labs, a market analyst, pushed back on the idea that the move signals a genuine recovery. “This isn’t a breakout,” the firm said. “It’s a short squeeze running into overhead supply. Real buyers show up above the 200-day simple moving average, not 15% below it.” Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event Some analysts reported that over $300 billion in crypto short positions were wiped out in just a few hours, adding more than $100 billion to the total market cap in the process. Beyond the short squeeze, other forces may also be at work. Reports indicate that institutional buying through spot crypto exchange-traded funds, along with purchases by centralized exchanges, could be adding fuel to Bitcoin’s climb. Still, the rejection at $75,000 resistance kept the bulls from claiming a clean win. Featured image from Getty Images, chart from TradingView

Previous bear markets left scars that are hard to ignore. The 2017 crash wiped out more than 80% of Bitcoin’s value. The 2021 collapse took nearly 77%. So when a fresh wave of analysts began calling for a drop to $50,000, the warnings carried weight — at least on paper. Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event A Different Kind Of Cycle Nick Ruck, director of LVRG Research, said the $50,000 level was being eyed as the last major buying opportunity before any real recovery could take hold. A drop to that price, he said, would represent a “healthy cycle reset” given the pressure from broader economic forces and weak movement of capital into crypto. But Ruck also raised a point that separates this downturn from past ones: Bitcoin is already down roughly 40% from its record high, and this time around, large institutions are involved in ways they simply weren’t before. That changes the math. Prior crashes were driven mostly by retail traders — ordinary people buying and panic-selling. Institutional money behaves differently, and consistent buying pressure from that side of the market may be putting a floor under prices that didn’t exist in earlier cycles. “There is a chance this cycle might not reach an idealized 60% drawdown,” Ruck said, pointing to what he called a distinctively macro-structured market environment. Bitcoin: the big flush… I don’t think we’ve had it yet I don’t think $60,000 was the bottom You can pray for it of course ???? but it won’t help Trend is still down The few % bounces are tiny if you zoom out I will reconsider this stance in case bull strength returns It’s just… — Ivan on Tech ???????????? Head Trader @ Bullmania (@IvanOnTech) April 13, 2026 Trader and author Ivan Liljeqvist posted to X that Bitcoin had yet to experience what he called “the big flush.” He said he didn’t believe $60,000 marked the bottom, and that the overall trend remained pointed downward. The small bounces seen along the way, he argued, looked minor against the bigger price picture. Analyst Merlijn Enkelaar echoed that view, suggesting Bitcoin was entering a second bear phase that could push prices to $50,000 before any wider distribution of gains takes place. THREE PHASES. BITCOIN ABOUT TO ENTERTHE SECOND. Accumulation: done. Manipulation: loading. Distribution: $150K. Pending. $70K is the decision. Hold it: manipulation is short. Lose it: $50K first. They ran this playbook once already. You watched it happen. pic.twitter.com/yJMAeA6Tfh — Merlijn The Trader (@MerlijnTrader) April 13, 2026 Geopolitical Tensions Drive Swings Crypto prices don’t move in a vacuum. A temporary ceasefire between the US and Iran sent Bitcoin briefly above $75,000 — the kind of jump that happens when fear lifts, even for a moment. US President Donald Trump announced the two-week pause in hostilities, and markets responded quickly. But the relief didn’t last. Peace talks broke down over the weekend, and by Monday Bitcoin had slipped back below $71,000 after Trump ordered a naval blockade of the Strait of Hormuz. Rising consumer prices, reported in Friday’s CPI data, added further weight. Bitcoin’s all-time high stands at $126,198, set in October 2025. At current prices around $72,500 to $74,600, that puts the drawdown at roughly 40% to 44% — deep, but still well short of the 60% collapse that some models suggest a full bear market requires. BTC STILL LOOKS SUPER BEARISH HTF Weekly short imbalances were filled and rn we can only go to 1M imbalance, which is ~$80K Right after it, I am waiting for a final huge dump to one of my targets: $59K or $50K Either way last dump is coming Notifs on, I’ll call exact bottom pic.twitter.com/twHr5VhxRr — symbiote (@cryptosymbiiote) April 13, 2026 Analysts Split On What Comes Next One analyst posting under the name “symbiote” called the chart “super bearish” on longer time frames, saying a final large drop to either $59,000 or $50,000 was still coming. Others are less certain the floor hasn’t already been set. Related Reading: Dollar’s Shrinking Value Adds Fuel To XRP Bull Case: Finance Expert What makes this cycle harder to read is the mix of forces pulling in both directions. Institutional investment and ETF inflows provide steady demand. Global conflict, inflation data, and uncertain monetary policy cut against that. Neither side has clearly hit the proverbial bullseye. Bitcoin touched a low of around $66,000 in early April before recovering. Whether that low holds — or whether the market has another leg down before it finds real footing — remains an open question that even the most watched voices in crypto can’t agree on. Featured image from Unsplash, chart from TradingView

Bitcoin price started a fresh surge and cleared the $73,800 zone. BTC is consolidating and might aim for more gains above the $75,000 level. Bitcoin managed to stay above $72,000 and started a fresh increase. The price is trading above $74,000 and the 100 hourly simple moving average. There is a steep bullish trend line forming with support at $73,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $73,800 and $72,750 levels. Bitcoin Price Surges Nearly 5% Bitcoin price found support near $70,500 and started a fresh increase. BTC gained pace for a move above the $72,000 and $72,500 resistance levels. The bulls even pushed the price above the key level at $74,000. A high was formed at $74,966, and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $70,517 swing low to the $74,966 high. Bitcoin is now trading above $74,000 and the 100 hourly simple moving average. There is also a steep bullish trend line forming with support at $73,800 on the hourly chart of the BTC/USD pair. If the price remains stable above $74,000, it could attempt a fresh increase. Immediate resistance is near the $74,800 level. The first key resistance is near the $75,000 level. A close above the $75,000 resistance might send the price further higher. In the stated case, the price could rise and test the $76,500 resistance. Any more gains might send the price toward the $77,200 level. The next barrier for the bulls could be $78,000. Downside Correction In BTC? If Bitcoin fails to rise above the $75,000 resistance zone, it could start another decline. Immediate support is near the $73,800 level and the trend line. The first major support is near the $73,250 level. The next support is now near the $72,750 zone or the 50% Fib retracement level of the upward move from the $70,517 swing low to the $74,966 high. Any more losses might send the price toward the $72,200 support in the near term. The main support now sits at $71,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $73,800, followed by $72,750. Major Resistance Levels – $75,000 and $76,500.

Sitting on paper losses exceeding $14 billion, Michael Saylor’s Strategy didn’t slow down last week. The company spent roughly $1 billion buying more Bitcoin — its latest move in a relentless accumulation run that has now brought its total stash to 780,897 BTC. Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event A Purchase Funded By Preferred Shares That $1 billion didn’t come from operating cash. Strategy raised the money by selling 10 million shares of STRC, its perpetual preferred equity. Data shows the sale generated about $1 billion in net proceeds — and it was no small transaction. According to reports, STRC recorded its second-largest weekly issuance on record, coming in at nearly three times the four-week average. The surge followed a rule change Strategy made in early March that loosened restrictions on STRC share sales. No shares of MSTR, STRK, STRF, or STRD were sold during the same period. The 13,927 Bitcoin acquired between April 6 and 12 were purchased at an average price of $71,902 per coin. That figure sits below the company’s overall average buy price of $75,577 — meaning last week’s batch technically brought the cost basis down, not up. A Milestone Within Reach Strategy now needs just 19,103 more Bitcoin to cross the 800,000 BTC mark. Reports indicate the company has already bought more than 107,000 BTC in 2026 alone. All told, its holdings were acquired for a combined $59 billion — a figure that underscores just how deep the company is committed to this position. The purchase came during a volatile stretch for Bitcoin prices. The market briefly climbed past $73,000 early last week after news broke of a US-Iran ceasefire. That rally didn’t hold. Weekend negotiations fell apart, and an announcement of a naval blockade on April 13 pulled Bitcoin back toward $71,000. Strategy’s buying was among the signals backing the earlier rally, Nomura’s Laser Digital said, on top of solid inflows into spot Bitcoin exchange-traded funds, which took in $786 million over the same period. Related Reading: Forget XRP Forecasts: The ‘Delusional’ Crowd Could Have The Last Laugh Big Losses, Bigger Bets The backdrop to all of this is a balance sheet carrying $14.6 billion in unrealized losses on digital assets — a figure Strategy disclosed for the first quarter of 2026. That number reflects how far Bitcoin’s price has fallen from the highs at which much of the company’s holdings were acquired. Still, the buying continues. SEC filings confirm the latest purchase was formally disclosed Monday in an 8-K report. There is no indication from the company of any plan to pause or reverse course. With fewer than 20,000 BTC separating Strategy from the 800,000 milestone, the next purchase announcement may not be far off. Featured image from Vecteezy, chart from TradingView

A crypto analyst has announced that Bitcoin (BTC) has hit its last bull trap, signaling that the price of the flagship cryptocurrency could fall much further before a potential reversal begins. The analyst has shared a chart highlighting key accumulation areas at levels below $60,000, the lowest price BTC has reached since its all-time high in 2025. Bitcoin Reaches Final Bull Trap Following Bitcoin’s rebound over the weekend, a pseudonymous whale and crypto analyst known as NoName shared an update on Bitcoin’s latest price action and what its next moves may be. In a post on X, NoName announced that Bitcoin has recently hit its second and final bull trap since reaching a price peak in 2025. Related Reading: This Bitcoin Metric Has Predicted Every Cycle Bottom, But What Is It Saying Now? He shared a video chart showing how the Bitcoin price has moved throughout its ongoing bear market. After a prolonged rally that eventually pushed Bitcoin to an all-time high above $126,700, the market shifted direction and entered a sustained downtrend, marked by multiple corrective waves.  Later during Q1 2026, Bitcoin experienced its first major bull trap. At the time, the price spiked sharply upward, drawing in late buyers and briefly reviving bullish sentiment before quickly reversing and resuming its decline. The move ultimately caught overleveraged traders off guard, leading to significant losses for those who entered near the top. After this initial trap, the price continued to slide and establish lower price levels before forming its latest bull trap this month. Here, BTC surged above $72,000 shortly after the US-Iran ceasefire announcement. The rally held for several days, sustaining optimism slightly, before momentum faded and the price retraced back toward the $70,000 level at the time of writing. With this last bull trap in place, NoName has stated that Bitcoin’s path has become clearer. The analyst is now anticipating a final downside flush, suggesting that more volatility and pain could lie ahead for BTC. He projects a potential price crash to $50,000, representing a more than 28% drop from its current price and a drawdown of about 60% from BTC’s peak. Notably, NoName has marked the $50,000 level as a potential accumulation area, and investors and traders could begin entering the market again to prop up their positions.   What’s Next For The BTC Price? Based on NoName’s analysis, the $50,000 level is likely Bitcoin’s final price bottom before a bullish reversal. Once the cryptocurrency hits this accumulation point, the analyst anticipates an upward move to the next re-accumulation area between $75,000 and $85,000. Related Reading: Analyst Says Bitcoin Has Printed A Historically Aggressive Recovery Setup, What To Expect After consolidating around this range for a bit, NoName projects that Bitcoin could rise sharply to his “mark-up” target between $95,000 and $110,000, before skyrocketing to a new all-time high above $130,000. Featured image from Pixabay, chart from Tradingview.com