While Ethereum (ETH) and XRP Exchange-Traded Funds (ETFs) ended March in negative territory, Bitcoin (BTC) funds recorded their best monthly performance of the year despite weak market sentiment and geopolitical tensions. Related Reading: Analyst Forecasts More Pain For XRP In Q2 – How Much Lower Can It Go? Bitcoin ETFs End Negative Spell Bitcoin ended the first quarter of 2026 by breaking out of a five-month negative streak, closing with a positive performance for the first time since September 2025. The flagship crypto has been in a downtrend over the past six months, retracing over 50% from its October all-time high of $126,000. As its price closes the month in green, US spot BTC-based ETFs have also ended a multi-month negative spell on Tuesday. According to SoSoValue data, the funds pulled in $1.32 billion in March, registering their first monthly gain in 2026. The category has been registering outflows since November, with cumulative outflows of around $6.3 billion until February. Nate Geraci, co-founder of the ETF Institute, previously highlighted that spot Bitcoin ETF investors have “largely displayed diamond hands” despite the ongoing market correction and negative sentiment. As reported by NewsBTC, Geraci argued that the funds’ cumulative outflows since the October 10 crash were insignificant compared to the $56 billion in cumulative total net inflows the category has experienced since its January 2024 debut. Despite the positive monthly close, BTC ETFs ended a four-week inflow streak after investors pulled out $296.18 million from the investment products. Additionally, the funds ended Q1 on a negative note, as March inflows couldn’t offset the $1.81 billion redemptions from January and February. Therefore, spot Bitcoin ETFs closed the first quarter of 2026 with $496 million in outflows, their second-worst quarterly performance after Q4 2025’s $1.15 billion cumulative outflows. Solana Leads Altcoin ETFs Performance Similar to Bitcoin, Solana (SOL) ETFs closed March on a positive note and led altcoin-based funds, with inflows worth $45.44 million. This performance brought SOL investment products’ quarterly inflows to $213.1 million. Notably, the category has not seen monthly outflows since its launch in October 2025, printing six consecutive months of inflows. Following this performance, Solana ETFs are near the $1 billion milestone, currently having cumulative net inflows of $979.3 million. Nonetheless, Ethereum funds tell a different story, closing the month with $46 million in outflows. Unlike Bitcoin, the second-largest cryptocurrency extended its negative streak to five months, recording total outflows worth $3.21 billion since November. In addition, ETH investment products saw $769 million outflows in Q1. CoinShares recent report noted that Ethereum led all assets in outflows last week, shedding over $200 million for the second straight week, which may signal that institutional demand for the second-largest cryptocurrency has been slowing. Related Reading: Bitcoin ‘Absolute Bottom’ Next? Analyst Says BTC’s Final Shakeout Is Near Meanwhile, XRP funds recorded their first monthly outflows after investors pulled $31.3 million from the ETFs. The category has recorded a remarkable performance since launching in November, with over $1.24 billion in inflows in the first four months. It’s worth noting that despite the March setback, XRP ETFs saw positive net flows worth $42.52 million during the first quarter of 2026, only behind Solana funds. Featured Image from Unsplash.com, Chart from TradingView.com
Bitcoin is struggling to reclaim $70,000. The price chart looks uninspiring. And according to the data, surface reading is missing the most important thing happening in this market right now. Related Reading: Ethereum Is Flashing a Warning Signal Most Holders Are Ignoring – Here Is What It Says An XWIN Research Japan report has identified a structural divergence that the price alone cannot show. On the surface, the signals are bearish: the Exchange Whale Ratio confirms increased large-holder activity on exchanges, meaning the biggest participants are not accumulating — they are distributing. The market is struggling to break higher because the overhead selling pressure is real, consistent, and measurable. But beneath that surface, a different structure is forming. In the first quarter of 2026, public companies accumulated approximately 62,000 BTC — a figure documented in SEC filings, not estimated from on-chain inference. These are not traders reacting to price. They are corporations making balance sheet decisions, raising capital through debt and equity issuance, and converting it into Bitcoin regardless of short-term momentum. MicroStrategy alone represents a persistent, structurally driven demand flow that does not pause because the chart looks weak. Two markets are operating simultaneously at the same price. One is selling. The other is buying with borrowed capital and a multi-year time horizon. The report’s task — and this article’s — is to determine which one is building the future. The Buyers and the Sellers Are Not Playing the Same Game The report draws a distinction that changes how the current market should be read. Traditional long-term holders accumulate when conviction is high and reduce exposure when it falters. Corporate buyers operate differently. By issuing debt and equity to fund Bitcoin purchases, companies like MicroStrategy have created a demand flow that is structurally decoupled from short-term price signals. When the chart looks weak, they do not stop buying. They raise more capital and continue. That persistence is not sentiment — it is strategy, and it does not respond to the same triggers that move retail or even institutional traders. The ETF picture complicates the narrative further. BlackRock has continued to see inflows, but Grayscale outflows have offset them — producing rotation rather than net new capital entering the market. Total ETF holdings finished Q1 2026 flat to slightly down. The products exist. The conviction behind them, as a category, has not yet arrived. The report’s verdict on the current market structure is precise and should be stated plainly: whales are selling, corporations are accumulating, ETFs are treading water, and retail is net negative. These four participants are pulling in four different directions simultaneously. Bitcoin at $70,000 is not weak. It is fragmented — held in place by opposing forces of roughly equal short-term weight. The question the report leaves open is which force is building faster. Corporate balance sheets accumulating at scale suggest the answer, but the price has not yet confirmed it. Related Reading: An XRP Key Indicator Just Flipped Bullish — and Most Traders Are Not Watching It Bitcoin Holds Range Below Key Moving Averages Bitcoin continues to consolidate just below the $70,000 level, with price action showing clear hesitation after the sharp breakdown in February. The chart reflects a market still attempting to stabilize following a strong impulsive move to the downside, which was accompanied by a significant spike in volume — a typical signature of forced selling or liquidation-driven pressure. Since that capitulation event, BTC has been trading in a relatively tight range between roughly $62,000 and $72,000. This range-bound behavior suggests a temporary equilibrium between buyers and sellers, but not a confirmed reversal. Importantly, price remains below the 50-day and 100-day moving averages, both trending downward, indicating that short-term momentum is still structurally bearish. Related Reading: Binance Inflows Suggest Money Is Starting to Move Back Into Crypto – Find Out What Changed The 200-day moving average, positioned near the $90,000 region, continues to act as a distant dynamic resistance, reinforcing the broader trend shift from expansion to correction. Each attempt to push higher has so far resulted in lower highs, signaling that demand lacks conviction at current levels. Volume has declined noticeably during this consolidation phase, which raises a critical question: is selling pressure truly exhausted, or is this simply a pause before another leg lower? Until Bitcoin reclaims key moving averages, the structure favors caution over confirmation. Featured image from ChatGPT, chart from TradingView.com
Bitcoin price started a recovery wave above $68,000. BTC is now struggling to surpass $68,800 and showing signs of a fresh decline. Bitcoin failed to settle above $68,800 and trimmed most gains. The price is trading below $67,200 and the 100 hourly simple moving average. There was a break below a rising channel with support at $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,000 and $67,800 levels. Bitcoin Price Faces Rejection Bitcoin price formed a base above $66,500 and started a recovery wave. BTC was able to settle above $67,200 to move into a short-term positive zone. The price climbed above the $67,500 resistance zone. The bulls even cleared the 38.2% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. However, the bears were active near the $69,200 resistance zone. The price failed to clear the 61.8% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. There was a fresh bearish reaction and there was a break below a rising channel with support at $67,200 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $67,200 and the 100 hourly simple moving average. If the price remains stable above $66,000, it could attempt a fresh increase. Immediate resistance is near the $67,800 level. The first key resistance is near the $68,500 level. A close above the $68,500 resistance might send the price further higher. In the stated case, the price could rise and test the $69,250 resistance. Any more gains might send the price toward the $69,500 level. The next barrier for the bulls could be $70,000. More Losses In BTC? If Bitcoin fails to rise above the $68,000 resistance zone, it could start another decline. Immediate support is near the $66,000 level. The first major support is near the $65,750 level. The next support is now near the $65,500 zone. Any more losses might send the price toward the $65,000 support in the near term. The main support now sits at $64,200, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $66,000, followed by $65,500. Major Resistance Levels – $67,800 and $68,500.
As quantum computing continues to evolve, questions about its potential impact on Bitcoin are gaining renewed attention. At the center of the debate is whether the world’s largest cryptocurrency could one day be vulnerable to the immense processing power of quantum machines. While the technology is still in its early stages, the discussion around long-term security is becoming increasingly relevant. Amid the frenzy, crypto analyst Luke Martin has shared the only public comment Satoshi Nakamoto made about the quantum computing risk on Bitcoin. Martin revealed on X that in 2010, a user named llama raised concerns about what would happen if BTC cryptographic signatures were broken by quantum technology, and whether that could render BTC worthless. What Satoshi Nakamoto Actually Said About Quantum Risk Satoshi’s response acknowledged that a sudden breakthrough could pose a serious threat, and a gradual advancement in quantum computing would give the network time to adapt and transition to stronger cryptographic methods. He further explained that users could upgrade their software, and upon doing so, their holdings would be re-signed using a more secure algorithm. Related Reading: Bitcoin Bombshell: Google’s 2029 Quantum Warning Sparks New Fear The current narratives surrounding quantum computing as an imminent threat to Bitcoin are being overstated. An analyst known as pika2zero on X argued that the technology is still far from the level required to meaningfully challenge BTC’s cryptography, despite recent claims suggesting otherwise. Pika2zero pointed out that the current most advanced quantum systems operate at around 6,000 qubits and can only be maintained for 13 seconds. In his view, this is nowhere near the scale needed to break modern encryption, which requires 500,000 stable qubits in 9 minutes, especially as the technology is getting exponentially harder. Even minor disturbances are capable of collapsing the entire computation. However, he further questions the assumptions behind the Heisenberg Uncertainty Principle, suggesting that the real requirements for breaking modern cryptography could be millions of qubits, rather than the commonly cited estimates. Building and operating such a machine to attack BTC would require massive resources, potentially only accessible to major technology firms like Google, IBM, or other Bigtech, and would demand enormous energy and infrastructure. From pika2zero’s perspective, an individual hackster can not have a $10 billion supercomputer the size of a building and the energy demand of a small city in his basement to attack BTC. Will Bitcoin Adopt Stronger Quantum Defenses In Time? Senior analyst at CoinDesk and advisor at Coinsilium Group, James Van Straten, has also offered insight into BIP 360 as a short-term solution for quantum resistance. However, it will not address the full scope of the problem. Van Straten argues that using quantum computing to access Patoshi’s coins is estimated at around 1 million BTC and could be considered a fair game. Related Reading: Bitcoin Demand Heats Up: Coinbase Premium Green For 25 Straight Days At the same time, he points to alternative approaches such as Hourglass V2. James noted that the market had previously demonstrated its ability to absorb significant selling pressure and handle close to 1 million BTC over 30 days in December without systemic disruption. Featured image from Pixabay, chart from Tradingview.com
On-chain data shows the average Bitcoin exchange deposit has ballooned to a significant size, a potential sign that whales are making inflows. Average Bitcoin Exchange Inflow Hits 2.62 BTC As pointed out by CryptoQuant community analyst Maartunn in an X post, the mean Exchange Inflow has shot up for Bitcoin. The “Exchange Inflow” here refers to an indicator that keeps track of the BTC transactions that are heading toward centralized exchanges from self-custodial wallets. Related Reading: Dogecoin Network Comes Alive: Active Addresses Jump 28% In the context of the current topic, the version of the metric that’s of interest is the one tracking mean exchange deposits. That is, this indicator measures the size of the average transfer that’s being sent to exchange-related wallets. When the value of the metric is high, it means the average exchange inflow is significant in scale. Such a trend can be a sign that large entities are actively participating in exchange deposit activity. On the other hand, the indicator being low can suggest that smaller hands are the ones responsible for the current exchange inflows. Now, here is the chart shared by Maartunn that shows the trend in the 7-day exponential moving average (EMA) of the mean Bitcoin Exchange Inflow over the past year: As displayed in the above graph, the 7-day EMA of the mean Bitcoin Exchange Inflow has just observed a rapid surge, indicating that whales have potentially ramped up their deposit activity. Generally, one of the main reasons why investors transfer their coins to exchanges is for selling-related purposes, so this spike in the mean Exchange Inflow may be a sign that the big-money hands are preparing to exit from the cryptocurrency. The latest high level of the indicator isn’t ordinarily seen, serving as a rare signal for the network. “The average BTC transaction sent to exchanges climbed to 2.62 BTC, a level that typically only appears during high-stress market moves,” explained the analyst. From the chart, it’s visible that the last time the Exchange Inflow saw a similar surge was alongside the price crash at the start of February. It now remains to be seen whether the latest spike in the indicator will have any effect on the Bitcoin price. Related Reading: Recent Bitcoin Rally Saw Retail Shift To Selling, Glassnode Reveals In some other news, very old Bitcoin hands have shown activity recently, as Maartunn has highlighted in another X post. From the chart, it’s visible that multiple large transactions involving tokens older than ten years have been spotted on the blockchain over the past couple of days. In total, these transactions have broken dormancy for about 600 BTC, worth about $41.2 million right now. BTC Price Bitcoin has made some recovery from its lows as its price has climbed back to $68,500. Featured image from Dall-E, chart from TradingView.com
Crypto analyst Sykodelic has declared that the Bitcoin bleed is almost over and suggested that BTC is unlikely to drop to $40,000 as some experts predict. He alluded to the 2022 bottom to explain why the leading crypto is likely to find a bottom soon and begin a new bull cycle. Analyst Explains Why Bitcoin Will Soon Find A Bottom In an X post, Sykodelic said the Bitcoin bleed is almost over and that people expecting a drop to the $40,000 range will be sidelined. He further remarked that this is how people who were waiting for a drop to $12,000 were sidelined during the 2022 bottom. Commenting on the current BTC price action, the analyst noted that the leading crypto is trading in the largest pocket of supply it has seen in over five years, just below the higher-time-frame (HTF) bullish structure. Related Reading: Bitcoin Price At $59,000 Is The Line In The Sand, Here’s What You Should Know He stated that back in 2022, the Bitcoin price action was totally different. Back then, BTC had lost its HTF structure, and there was zero demand below. Instead, what was below was “clear air” with Bitcoin dropping below. However, the analyst said such price action is unlikely to occur this time around. Sykodelic said that the most he sees happening this time around is a deviation from the range low at around $60,000, then a reclaim, followed by a push back above $74,400, which would confirm an expanded flat. The analyst added that if a deviation move below $60,000 occurs, it is very likely due to the U.S.-Iran war, and that it could happen in the next two weeks. Lastly, he mentioned that there have been signs of large accumulation across the board, with much greater strength. As such, the analyst is confident that this downtrend will be over much faster than most people expect. Why BTC Could Drop To As Low As $46,000 In an X post, popular crypto analyst Willy Woo stated that old-school on-chain models suggest that Bitcoin will form a bottom between $46,000 and $54,000. He further remarked that the Orange line on the accompanying chart corresponds to the capital stored in BTC, and it has been leaving since November. The analyst also pointed out that the CVDD Floor Model has the advantage of climbing over time and is currently at $45,500. Related Reading: The Last Time Bitcoin Sentiment Was This Bad Was 2022, But There Was A Silver Lining However, Willy Woo cautioned that these models rely on past behavior and that there have been only four prior bear markets, all within a secular bull market in risk equities. As such, he noted that if the foundation collapses, Bitcoin and the broader crypto market will enter uncharted territory, which could lead to a deeper bear market. At the time of writing, the Bitcoin price is trading at around $68,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
A market expert has outlined five distinct phases in the Bitcoin (BTC) bear market that could indicate when the leading cryptocurrency has hit a bottom. The analysis concludes that the cryptocurrency could still face additional downward pressure before ultimately reaching its final price floor this year. The Early Phases Of Bitcoin’s Price Bottom Ardi, a technical analyst on X, has used the market structure and price movements during the 2022 bear market to predict when Bitcoin could reach a price floor in this current bear cycle. In his analysis, he shared the five phases that could indicate that a bottoming process is already underway. According to the analyst, these five distinct stages have repeated across multiple assets, eras, and cycles, meaning they are not just limited to Bitcoin and could be used to determine the bottom timeline of other cryptocurrencies. He noted that Phase A is marked by an abrupt halt in the previous trend that has been pushing the Bitcoin price downward. He stated that a violent event usually takes place here, breaking the old momentum and forcing the market out of a clean downtrend. Related Reading: What Happens To The XRP Price If The 5D Bottoming Blueprint Repeats Itself? In Phase B, Ardi emphasized that this is where Bitcoin’s trading range will likely begin building. The analyst noted that the market is currently in this stage, suggesting that Bitcoin could still be months away from hitting a bottom. He explained that this stage is typically the longest of the five, often causing investors and traders to lose interest as prices consolidate and move sideways without a clear direction for weeks or months. After this comes Phase C, which the analyst described as a critical “test.” During this period, BTC is expected to make one final move in the direction of its previous downtrend, shaking out the weak hands and trapping bulls. Based on the analyst’s chart, Phase C will likely mark Bitcoin’s final market bottom. However, Ardi expects this move to trigger breakout traders into taking wrong positions, allowing the market to determine whether any significant pressure remains. The Final Stages Of The Bottoming Process Moving forward, Ardi noted that Phase D likely marks the end of the Bitcoin bear market, with a new trend gradually taking shape ahead of a bullish breakout. During this period, Bitcoin’s market structure could begin to strengthen, even as overall sentiment remains cautious, and participants may still feel uncertain about the safety of entering long positions. Related Reading: What Every XRP Holder Must Understand As Activity Wanes For the final phase of this bottoming process, Ardi expects Bitcoin to break out of its range-bound movement, making the emerging bullish trend more visible to the broader market. He noted that most traders trust this stage because it is the first point at which the market’s direction appears clear. However, he warned that this can be a trap. Traders often buy only when conditions feel safe and sell when the trend seems obvious, but by then, they may have already lost their advantage and missed the opportunity to accumulate at lower prices. Featured image created with Dall.E, chart from Tradingview.com
A new analysis released by CryptoQuant, written by contributor CryptoMe, suggests that Bitcoin (BTC) may still have room to fall this year, and that the collapse could give the ideal purchasing opportunity for long-term investors. Bitcoin Bottom At $54,000? In a Monday report, CryptoMe highlighted the cryptocurrency’s Realized Price indicator as a key reference point and argued that periods when spot prices dip at or below that level have historically been attractive accumulation zones. The Bitcoin Realized Price is, in simple terms, the market’s average cost basis: the price paid for all coins in circulation weighted by when they last moved. Notably, this Bitcoin metric has frequently acted as meaningful support during past bear markets. Related Reading: XRP Price Alert: Expert Predicts $0.80 On Bitcoin’s Potential Retreat To $60,000 When Bitcoin spot prices drop below the Realized Price indicator, the analyst says, the market is often in a state of capitulation — characterized by negative news, extreme fear, and pervasive pessimism. Bitcoin’s Realized Price sits at roughly $54,000, compared with a market price near $67,000 at the time of writing— a gap of about 19.4% between these levels. CryptoMe argues that if the cryptocurrency were to fall to the Realized Price or below, that area would be a potential market bottom in the current bear cycle, and an optimal zone for spot purchases and step‑by‑step accumulation. Prepare For Drawdowns CryptoMe also reminded investors of two important caveats. First, historical episodes show that when Bitcoin does move beneath the Realized Price, it can remain there for widely varying lengths of time — from as few as seven days to as long as 301 days. The analyst warned prospective buyers at these levels to be prepared for a potentially extended period of underperformance before prices recover. Related Reading: US Labor Department Eyes 401(k) Crypto Access, Bitcoin Considered In New Rule Second, a drop below the Realized Price indicator does not imply a fixed floor: CryptoMe asserts that the broader crypto market may fall further, and investors must be ready for deeper drawdowns. Despite those warnings, the analyst concluded on a bullish note: “Below $54,000, Bitcoin is cheap compared to the market average, and it is a perfect place to make gradual accumulation and collect Bitcoin.” After failing to break through the key resistance level of $76,000 last week, Bitcoin has dropped by almost 12% to its current trading price. This surge in volatility has been linked to increased Middle Eastern tensions and rising oil prices, which have caused investors to withdraw their funds from riskier assets. As a result, Ethereum (ETH), XRP, and Solana (SOL) have all followed Bitcoin’s price movement, falling to crucial support levels. Featured image from OpenArt, chart from TradingView.com
On-chain analytics firm Glassnode has revealed how the smaller Bitcoin investor cohorts shifted toward distribution in the recent rally. Bitcoin Accumulation Trend Score Shows Selling From Small Entities In a new post on X, Glassnode has talked about the recent trend in the Bitcoin Accumulation Trend Score. This on-chain indicator basically tells us about whether BTC investors are accumulating or distributing right now. The metric accounts for two factors when calculating its value: the 30-day balance changes happening in the wallets of the investors and the size of those wallets. The latter factor means that larger entities have a higher weightage in the score. Related Reading: Dogecoin Still Trapped In Triangle—29% Move Brewing? When the value of the indicator is greater than 0.5, it means the investors are in a phase of accumulation. The closer is the metric to 1, the stronger is this behavior. On the other hand, the Accumulation Trend Score being under 0.5 suggests distribution is dominant, with the strongest selling occurring at the zero mark. In the context of the current topic, the Accumulation Trend Score of the collective network isn’t of interest, but rather the Wallet Size version, which showcases the behavior of the various investor cohorts divided based on balance size. Below is the chart shared by Glassnode that shows the trend in the Bitcoin Accumulation Trend Score by Wallet Size over the last few months. From the graph, it’s visible that the Bitcoin Accumulation Trend Score took on a shade of blue for some of the groups during February, suggesting investors of various sizes were accumulating. In March, however, distribution has become dominant, with holders across the board participating in no or little accumulation. Two cohorts in particular stand out for their behavior: the below 1 BTC and 1 to 10 BTC ones. These groups, which correspond to the smallest of investors in the market, took to heavy distribution at the start of March, with the Accumulation Trend Score hitting close to zero. From the chart, it’s visible that BTC’s surge toward $76,000 was met with continued selling from these groups, suggesting that the retail hands were exiting alongside the recovery. Recently, BTC’s recovery has retraced, but behavior among the below 1 BTC and 1 to 10 BTC cohorts hasn’t changed. That said, the 1,000 to 10,000 BTC group has seen the metric just edge past the neutral zone, a sign that the whales are participating in some accumulation. Related Reading: OG Bitcoin On-Chain Models Could Hint At $46,000-$54,000 Floor: Analyst On the whole, though, Bitcoin holder behavior remains largely that of distribution. “Broad-based accumulation across wallet sizes remains absent, limiting the sustainability of upward moves,” noted the analytics firm. BTC Price Bitcoin has stayed down since its latest plunge as its price has continued to trade around $66,700. Featured image from Dall-E, chart from TradingView.com
Bitcoin price started a recovery wave above $67,500. BTC is now consolidating below $68,800 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,200. The price is trading above $67,000 and the 100 hourly simple moving average. There is a rising channel forming with resistance at $68,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,500 and $68,800 levels. Bitcoin Price Eyes Recovery Bitcoin price formed a base above $65,500 and started a recovery wave. BTC was able to settle above $66,000 to move into a short-term positive zone. The price climbed above the $67,200 resistance zone. The bulls even cleared the 38.2% Fib retracement level of the downward move from the $71,986 swing high to the $65,030 low. However, the bears are now active near the $68,500 resistance zone. Bitcoin is now trading above $67,000 and the 100 hourly simple moving average. If the price remains stable above $67,000, it could attempt a fresh increase. Immediate resistance is near the $68,500 level or the 50% Fib retracement level of the downward move from the $71,986 swing high to the $65,030 low. The first key resistance is near the $68,800 level. There is also a rising channel forming with resistance at $68,800 on the hourly chart of the BTC/USD pair. A close above the $68,800 resistance might send the price further higher. In the stated case, the price could rise and test the $69,250 resistance. Any more gains might send the price toward the $69,500 level. The next barrier for the bulls could be $70,000. Another Drop In BTC? If Bitcoin fails to rise above the $68,800 resistance zone, it could start another decline. Immediate support is near the $67,000 level. The first major support is near the $66,800 level. The next support is now near the $65,800 zone. Any more losses might send the price toward the $65,800 support in the near term. The main support now sits at $65,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $67,000, followed by $65,800. Major Resistance Levels – $68,500 and $68,800.
Crypto analyst Sweep has revealed that 20 Bitcoin indicators have flashed bullish at the same time, providing a bullish outlook for the leading crypto. Based on this development, the analyst has predicted that BTC could rally to $150,000, marking a new all-time high (ATH). 20 Bitcoin Indicators Hint At Rally To $150,000 In an X post, Sweep stated that 20 independent indicators are bullish at the same time. He noted that this has only happened three times in Bitcoin’s history, and each time was followed by a 300% rally. The first of this indicator is the Global M2 money supply, which just hit an all-time high (ATH) while BTC is still lagging. Related Reading: None Of The 30 Bitcoin Market Peak Indicators Have Been Hit, So Why Did The Price Crash? Sweep further revealed that the Dollar Index is at 100, the exact level that preceded 500% rallies twice before. Another bullish indicator is that BTC’s exchange reserves have fallen to a 7-year low, with only 2.1 million BTC remaining across all crypto exchanges. The drop in these exchange reserves has come as whales bought 270,000 BTC over 30 days, the largest accumulation wave since 2013. Another bullish indicator is that the Fear and Greed index has been stuck at extreme fear for 46 straight days, currently at 12. Bitcoin’s weekly RSI has printed 27.48, the third time in history that it has been this low. Furthermore, funding rates have been negative for weeks, with traders paying fees to short BTC. Meanwhile, Sweep also mentioned that the stablecoin supply has hit an all-time high of $320 billion, with supply sitting on the sidelines. Miners have been in capitulation for 4 months straight, the longest stretch this cycle. At the same time, the hash rate is recovering from a 22% decline. The Macro Angle For BTC Sweep mentioned bullish macro indicators, such as the Fed ending quantitative tightening, draining the reverse repo from $2.5 trillion to nearly zero, and resuming purchases of Treasury bills. Furthermore, Consumer confidence is in the second-lowest zone ever recorded in 70 years of data, while the ISM manufacturing is back in expansion for the first time in 40 months. Related Reading: The Last Time Bitcoin Sentiment Was This Bad Was 2022, But There Was A Silver Lining Another bullish indicator is that the Bitcoin ETF flows have turned positive in March, with $2.5 billion in inflows. SoSoValue data shows that the BTC ETFs are on course to end a streak of four consecutive months of outflows. Sweep mentioned that BTC has just printed 5 consecutive red monthly candles, which has happened only once and led to a 308% rally afterwards. Lastly, 92% of short-term holders are underwater. The analyst noted that the last time this many signals aligned was in November 2022, when Bitcoin was trading at $16,000. Since then, BTC has pumped to a new ATH of $126,000. At the time of writing, the Bitcoin price is trading at around $67,500, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Bitcoin has shed about $3,500 in value over recent days, slipping from above $70,000 earlier in March to around $66,500, as short-term holders take their exits. On one particularly turbulent day, about 22,000 BTC were moved to exchanges in a single session. Yet, the Bitcoin price is still holding above support and hasn’t broken below the $60,000 range. A different dynamic is quietly taking shape, one that raises a more important question than the selloff itself: who is actually absorbing all the Bitcoin being sold? ETF Demand Is Quietly Absorbing Market Supply Short-term holders, those who acquired Bitcoin relatively recently and are most sensitive to price drawdowns, have been routing coins to exchanges at an elevated pace. However, on-chain data from CryptoQuant data reveals a counterforce of equal or greater magnitude. Related Reading: What Every XRP Holder Must Understand As Activity Wanes The latest data points to a steady flow of Bitcoin moving into institutional hands, particularly through spot ETFs. Over the past 30 days, roughly 63,000 BTC has been accumulated by institutions. This figure stands in contrast to the daily selling pressure coming from short-term holders. As shown in the ETF flows chart below, which was first posted on the social media platform X by a crypto analyst with the name Crypto Tice, green bars representing ETF inflows consistently offset red periods of outflows, even during days where price action isn’t holding up as expected. This has given rise to a pattern of large buyers stepping in to buy BTC during dips and after they’ve slowed down, effectively soaking up available liquidity. Bitcoin ETF Tracker. Source: @CryptoTice_ On X Are Sellers Running Out Of Bitcoin To Sell? March had its ups and downs in terms of price action, with Bitcoin briefly reclaiming levels above $76,000 before falling back under pressure as selling increased toward the end of the month. As it stands, the Bitcoin price is most likely going to close March below $70,000, and it is even at risk of closing the month red, which would bring it to six consecutive months of bearish closes. At the time of writing, Bitcoin is trading at $67,339, which places it just 0.57% above its March open of $66,970. Related Reading: The Bitcoin Price Bottom Is Close, But There Is Still A Crash Below $60,000 Left On the other hand, US-based Spot Bitcoin ETFs are currently sitting on $1.2 billion in net inflows for March 2026, bringing an end to four consecutive months of net outflows. This turnaround shows that institutional appetite is starting to return after a prolonged period of reduced exposure, with capital gradually flowing back into Bitcoin. Although these inflows have not been strong enough to fully counterbalance the short-term selling pressure on the Bitcoin price, they do point to a willingness among larger players to accumulate at the current price range. Short-term holders, by definition, have a finite supply of coins acquired at recent prices. If the current absorption rate continues, then the supply available to sellers will continue declining while demand is still strong. Featured image created with Dall.E, chart from Tradingview.com
The Bitcoin price is approaching a decisive moment, according to the head of a major crypto analytics firm. A clearly defined price threshold has been identified, and falling below it could accelerate the current downturn. The warning centers on how both market structure and investor behavior may shift if this level fails, raising concerns about a deeper and more aggressive bear phase. Crypto CEO Flags A Critical Bitcoin Price Level Joao Wedson, founder of the crypto analytics platform called “Alphractal”, has issued a warning about a critical price level that could shape the next phase of the Bitcoin market. According to Wedson, $60,490 represents the realized price of Binance’s Bitcoin reserve, effectively the average cost basis of the exchange’s entire BTC holdings. Related Reading: What Happens To The XRP Price If The 5D Bottoming Blueprint Repeats Itself? As long as Bitcoin trades above this level, Binance’s reserve remains in profit. However, a sustained drop below $60,490 would push the largest exchange-held Bitcoin reserve into unrealized loss. In practical terms, that shift would mean the bulk of BTC held on Binance was acquired at higher prices than the current market value. This is why Wedson views the level as more than just another technical support. Realized price metrics tied to large reserves often function as structural market boundaries. When the price holds above them, it signals that major holders remain comfortably in profit and have little pressure to distribute their coins. That dynamic can help stabilize the market during periods of volatility. But the structure changes if that threshold breaks. Wedson noted a similar scenario in the 2022 bear market, when Bitcoin stayed below Binance’s reserve realized price for months. During that time, large holders faced unrealized losses, keeping downward pressure on the market. This matters because holders in profit are less likely to sell, but once losses appear, selling pressure can rise as they seek to limit further downside. Because Binance controls the largest Bitcoin reserve among exchanges, the $60,490 level carries broader market implications. If Bitcoin loses this zone decisively, it would remove a key profitability cushion for one of the market’s largest holders. According to Wedson, that type of structural shift is exactly the kind of development that tends to deepen bear markets. Related Reading: If Bitcoin Should Be Worth $280,000 Right Now, What’s The Real Value Of Dogecoin And XRP? How Market Psychology Could Amplify The Downtrend The implications extend beyond institutional positioning to overall market sentiment. A decisive break below the identified level could weaken confidence among participants, reinforcing negative expectations. As sentiment shifts, more investors may adopt defensive strategies, contributing to additional selling pressure. This interaction between price movement and psychology creates a feedback loop. Declines can trigger fear, which in turn leads to further declines. Wedson’s warning highlights how this cycle could intensify if the key level fails. However, he believes that if Bitcoin holds above it, the market may retain a degree of stability. If it falls below, the conditions described point toward a deepening bear market. Featured image created with Dall.E, chart from Tradingview.com
As Bitcoin (BTC) retests a crucial level after breaking down of a bearish pattern, an analyst has suggested that the flagship crypto’s final correction before the next bull market could start in the coming days. Related Reading: Ethereum Could Hit $40,000 And Beat Bitcoin, Standard Chartered Says Start Of ‘Final Washout’ Is Days Away In a Monday analysis, market observer Ali Martinez affirmed that Bitcoin’s final leg down before the next bull run could be around the corner based on the flagship crypto’s past cycle’s behavior. The analyst explained that historically, the crossover between BTC’s 50 and 200 Simple Moving Averages (SMAs) has marked the “‘absolute bottom’ of every major cycle since 2014.” Over the past 12 years, whenever these two lines crossed on the three-day chart, it has consistently signaled the start of the “final washout” before the next bull market begins. In 2014, 2018, and 2022, Bitcoin had already declined by 50%-72% from its cycle peaks when the 50- and 200-SMAs crossed. 23-33 days after the crossover, the cryptocurrency continued its correction, retracing another 45%-52% before bottoming. In 2022, “another lower low formed 156 days later, completing the bear structure and opening the door for the next bull market.” Now, Bitcoin has already seen a 52% correction from its October 2025 peak, while the SMAs crossed over on February 27. “As of today, we are exactly 30 days into this signal,” the analyst detailed, adding that “If history ‘rhymes,’ we are likely entering the Final Accumulation Window of this cycle within the next 3 to 6 days.” Martinez noted that while the final leg down could be intimidating, history has shown that the crossover is the “Golden Opportunity” for long-term investors. Based on its 40%-50% “resets,” the analyst suggested two main accumulation zones: the $40,000 and $30,000 levels. Structurally, this setup has historically aligned with the last major downside move before a generational macro bottom forms. (…) The countdown to the next vertical move has begun. Bitcoin Bear Flag Breakdown Confirmed? After closing the week around the $66,000 mark, Bitcoin has surged to the $67,000-$68,000 area to retest a crucial level from below. The flagship crypto has been trading between $62,000-$74,000 for nearly two months, developing a bearish formation during this period. Notably, BTC has formed a bearish flag pattern on the daily timeframe, retesting the formation’s lower and upper boundaries multiple times since early February. Following last week’s correction, the cryptocurrency retraced over 10% from its recent highs to a four-week low of $65,000 on Sunday. Related Reading: The Last Time Bitcoin Sentiment Was This Bad Was 2022, But There Was A Silver Lining Amid this performance, Bitcoin lost the lower boundary of its bear flag formation, risking a second leg down toward lower levels. Analyst Crypto Jelle noted that the cryptocurrency is currently retesting the formation from below after today’s bounce, which could confirm that the pattern’s support has turned into resistance if BTC price is rejected. In addition, the market watcher pointed out that the cryptocurrency’s bear market lows have historically formed below the Fibonacci 0.618 retracement levels, which could place BTC’s bottom below the $57,000 area. “Is this time different? Doubt it,” Jelle concluded. Featured Image from Unsplash.com, Chart from TradingView.com
The US Labor Department published a proposed regulation on Monday intended to give 401(k) participants access to alternative investments, including crypto assets such as Bitcoin (BTC). The Employee Benefits Security Administration (EBSA) framed the rule as “historic,” saying it lays out a clear, process-driven framework that plan fiduciaries can follow when evaluating non-traditional assets for defined contribution plans. Safe‑Harbor Rules For 401(k) Considering Crypto At the heart of the proposal are safe-harbor procedures designed to guide plan managers through the selection of designated investment alternatives. Under the rule, fiduciaries would be required to evaluate potential alternatives, addressing factors such as expected performance, fees, liquidity, valuation methods, appropriate performance benchmarks, and the complexity of the crypto assets. The department emphasized that the rule is intentionally neutral with respect to asset classes: it does not endorse any particular type of investment but instead sets out a prudent process for review and selection. Related Reading: XRP Price Alert: Expert Predicts $0.80 On Bitcoin’s Potential Retreat To $60,000 The move follows President Trump’s executive order, “Democratizing Access to Alternative Assets for 401(k) Investors,” and represents an attempt to translate that directive into practical regulatory guidance, according to the statement on the matter. Labor Department officials say the proposed rule returns the agency to a long-standing approach that focuses on fiduciary process rather than picking winners and losers among asset types. “The department’s days of picking winners and losers are over. Our rule clearly spells out that managers must evaluate any and all potential product offerings by following a prudent process,” said Deputy Secretary of Labor Keith Sonderling. Treasury And SEC Back Labor Proposal The EBSA noted that the Biden administration’s 2022 compliance guidance — which effectively discouraged fiduciaries from offering crypto options — diverged from the Employee Retirement Income Security Act’s (ERISA) requirements, contributing to the limited uptake of alternatives in retirement plans. The new proposal aims to remove that regulatory uncertainty by providing concrete, process-based protections for fiduciaries who choose to consider crypto investments. Officials from other agencies welcomed the initiative as part of a broader push to expand retirement investment options. Related Reading: XRP Nears Key Turning Point As Descending Wedge Tightens Treasury Secretary Scott Bessent praised the Labor Department’s rulemaking as “another step in ushering in President Trump’s Golden Age,” saying the proposal seeks to broaden access to additional retirement options for “millions of Americans” while protecting retirement assets. Securities and Exchange Commission (SEC) Chairman Paul Atkins also expressed support, noting that enabling Americans to participate in innovation and economic growth through diversified, long-term investments is important for retirement planning and that the SEC helped formulate the proposal. If finalized, the rule would provide plan fiduciaries with a structured path to consider crypto and other alternative assets without immediately exposing them to the compliance risks that had discouraged inclusion in recent years. At the time of writing, Bitcoin was trading at $66,580, having failed to capitalize on moves slightly above $68,000 earlier on Monday. Featured image from OpenArt, chart from TradingView.com
Bitcoin price started a recovery wave above $67,000. BTC is now consolidating below $68,500 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,500. The price is trading above $67,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $67,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,500 and $68,800 levels. Bitcoin Price Attempts Recovery Bitcoin price extended losses and tested the $65,000 zone. BTC formed a base above $65,000 and recently started an upside correction above $66,000. The price climbed above the $67,000 resistance zone. There was a break above a bearish trend line with resistance at $67,350 on the hourly chart of the BTC/USD pair. The bulls even cleared the 38.2% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. Bitcoin is now trading above $67,500 and the 100 hourly simple moving average. If the price remains stable above $67,200, it could attempt a fresh increase. Immediate resistance is near the $68,500 level or the 50% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. The first key resistance is near the $68,800 level. A close above the $68,800 resistance might send the price further higher. In the stated case, the price could rise and test the $69,250 resistance. Any more gains might send the price toward the $69,500 level. The next barrier for the bulls could be $70,000. Another Decline In BTC? If Bitcoin fails to rise above the $68,500 resistance zone, it could start another decline. Immediate support is near the $67,200 level. The first major support is near the $67,000 level. The next support is now near the $66,200 zone. Any more losses might send the price toward the $65,500 support in the near term. The main support now sits at $65,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $67,000, followed by $65,000. Major Resistance Levels – $68,500 and $68,800.
Analyst Willy Woo has highlighted how some old-school Bitcoin on-chain models could suggest a bottoming zone for the asset in the current cycle. Bitcoin Bottomed Between Realized Price & CVDD In Past Bear Markets In a new post on X, analyst Willy Woo has talked about where the Bitcoin bottom could lie according to two on-chain models. The models in question are the Realized Price and CVDD. Related Reading: KPMG, PwC Involved In Tether’s First-Ever Audit: Report First, the “Realized Price” keeps track of the cost basis or acquisition value of the average token part of the cryptocurrency’s circulating supply. Whenever the spot price is above this metric, the investors as a whole could be assumed to be in a state of net unrealized profit. Similarly, the asset being below the level can imply the dominance of loss on the blockchain. As shown in the chart shared by Woo, the Bitcoin Realized Price has been sliding down recently, meaning that average investor cost basis has been declining. In other words, the average capital invested per holder is down, so some net capital could be considered to have left the cryptocurrency. Following the drawdown in the Realized Price since November, its value has dropped to around $54,200. So far in the latest bearish market phase, Bitcoin has yet to retest this level. From the chart, it’s visible that past bear markets found their bottoms when BTC was below the indicator. Interestingly, the other model in the chart, the CVDD, served as a sort of lower bound across these cycles, with BTC never dipping below it. The CVDD, standing for Cumulative Value Days Destroyed, is an indicator created by Woo that derives from the popular Coin Days Destroyed (CDD) metric. A “coin day” is a quantity that 1 BTC accumulates after being dormant on the blockchain for 1 day. When a token dormant for some number of days is moved, its coin days reset back to zero and are said to be destroyed. The CDD measures the number of coin days being reset across the network in this manner. The CVDD goes a step further and attaches a USD value to each of these coin days, based on the BTC price at the time, and takes their cumulative sum. Additionally, it applies a normalization factor by taking the sum’s ratio with the total age of the market (in days). Related Reading: Bitcoin Unrealized Loss Hits 15% Of Market Cap—Still Below FTX Capitulation Levels Today, the Bitcoin CVDD is sitting at $45,500. If the pattern from the last few cycles is anything to go by, it’s possible that BTC could find a bottom somewhere between this level and the Realized Price at $54,200. That said, the analyst also added a caution, noting: Models use past behaviour… there’s only been 4 prior bear markets and they have been inside a secular bull market in risk equities. If that foundation collapses, we will be in uncharted territory (deeper bear). BTC Price Bitcoin has again failed to maintain its recovery as its price has slipped to the $67,200 mark. Featured image from Dall-E, chart from TradingView.com
The Bitcoin price could be on the verge of a major surge as new discussions from market watchers warn that the next big print from policymakers is inevitable. They point to key catalysts, including geopolitical tensions, banking stress, and more, that could trigger this move. Once it unfolds, Bitcoin is projected to explode in value, driven by adoption from both institutions and retail investors. Why Experts Say A Big Print Is Coming On March 29, LG Doucet, host at the crypto media company Milk Road, interviewed John Haar, managing director at Swan Private, on YouTube. During the discussion, Doucet asked Haar about the current market conditions that trigger another large-scale printing event. Related Reading: Crypto Trader Predicts Bitcoin Price Will Hit $100,000 Again When This Happens Haar noted that there have been two major prints in most people’s adult lives, the most recent occurring during the COVID-19 pandemic. He explained that at the time, many people began adopting Bitcoin as a monetary and fiscal response to the global crisis, likely seeing the leading cryptocurrency as a hedge against inflation. In the interview, Haar stated that “it’s only a matter of time before the next big print.” While he did not provide a specific date for when this could happen, the Swan Private managing director expressed confidence that a large-scale printing event is inevitable. Haar outlined nine catalysts that could trigger a potential big print. First, he pointed to a large-scale geopolitical war or military mobilization as a major factor. He emphasized, however, that the ongoing conflict between the US and Iran does not yet qualify as a big-print catalyst, unless the war escalates significantly. Another key catalyst, according to Haar, is AI-driven labor displacements, which he believes could lead to the passage of a substantial new spending bill. He also highlighted the risk of state budget collapses or the need for federal or private credit bailout. Additionally, Haar warned of potential pension system insolvencies and regional banking sector crises, similar to those seen in 2023 following the collapse of major banks such as Silicon Valley Bank. Looking ahead, Haar also highlighted other big print catalysts such as a structural expansion of entitlements, including Social Security, Medicaid, Medicare, and student loan forgiveness. Finally, he noted that a major climate event or natural disaster could trigger a big print. Haar emphasized that any of these scenarios, or a combination of them, could occur within the next 3 to 24 months. How This Affects The Bitcoin Price During the interview, Doucet asked how large-scale adoption could affect cryptocurrencies, specifically Bitcoin. Haar noted that during such events, adoption of Bitcoin rises as investors tend to allocate more to the cryptocurrency than to other asset classes. He noted that asset classes like real estate are slow to sell and are not easily traded, while private equity is harder to access. Related Reading: Bitcoin Last Line Of Defense Revealed: Can BTC Price Still Go To $40,000? For his long-term projection, Haar forecasts that Bitcoin could hit $1 million per coin between 2030 and 2035 regardless of a big print. He also noted that, over the next few years, institutional adoption of Bitcoin will be gradual but steady, likely driving its valuation upward. Featured image from Pixabay, chart from Tradingview.com
Bitcoin’s market sentiment has crashed by a large margin since hitting a new all-time high of $126,000 back in 2025. This drop in sentiment reflects how the broader cryptocurrency market has performed and how investors are now responding to the crypto market. The sentiment being this bad also carries some major implications for the Bitcoin price, especially since the sentiment is at its worst it’s ever been in over three years. Bitcoin Fear & Greed Index Crashes To 9 The Bitcoin Fear & Greed Index is an index that takes into account a number of factors across the crypto market and then creates an aggregate score to represent investor sentiment. This index goes from 1-100, representing sentiment from Extreme Greed to Extreme Fear. Related Reading: The Crowd Is Bearish On Bitcoin, But History Says That’s Bullish At each end of the spectrum, it shows whether investors are currently bullish or bearish on Bitcoin and the entire market. Naturally, Extreme Greed points to a time of peak bullishness and Extreme Fear points to a time of extreme bearishness; both serve their purpose to show how investors are moving. Currently, the Bitcoin Fear & Greed Index is sitting at a score of 9, according to alternative.me, which is a state of Extreme Fear. The interesting thing about this score is the fact that the index has not been this low since 2022. This means that the Bitcoin Fear & Greed Index just hit a new 3.5-year low. One major difference between the 2022 low and now is the fact that it was driven by notable events in the crypto industry. The most popular of these was the crash of the FTX crypto exchange, in which the resulting fallout sent the Bitcoin price below $17,000. Why This Could Be Good For The Market While periods of Extreme Fear often signify that there is a lot of bearishness among investors, these have historically been levels where the market has marked a bottom. This was the case back in 2022 following the FTX crash when the Bitcoin price reached its bottom. Over the next few months, the cryptocurrency’s price would begin to recover again. Related Reading: Bitcoin Last Line Of Defense Revealed: Can BTC Price Still Go To $40,000? The same trend played out back in 2019 as well, when the market entered a period of Extreme Fear. But as always, the bottom was marked at this level, and the Bitcoin price went on to rally to new all-time highs. Going by these past performances, the current fear dominating the market could suggest that a bottom is close. Featured image from Dall.E, chart from TradingView.com
Bitcoin price failed to stay above $68,800 and declined further. BTC is now consolidating below $68,000 and might continue to move down. Bitcoin started a fresh decline from well above the $70,500 zone. The price is trading below $68,800 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,000 and $68,800 levels. Bitcoin Price Extends Losses Bitcoin price failed to continue higher above $71,200 and reacted to the downside. BTC trimmed gains and declined below the $70,000 support. The bears pushed the price below $68,800 and $68,000. The price tested the $65,000 zone. A low was formed at $65,030, and the price is now consolidating losses near the 23.6% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. Bitcoin is now trading below $68,000 and the 100 hourly simple moving average. There is also a bearish trend line forming with resistance at $67,250 on the hourly chart of the BTC/USD pair. If the price remains stable above $65,750, it could attempt a fresh increase. Immediate resistance is near the $68,000 level. The first key resistance is near the $67,250 level and the trend line. A close above the $67,250 resistance might send the price further higher. In the stated case, the price could rise and test the $68,500 resistance or the 50% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. Any more gains might send the price toward the $69,200 level. The next barrier for the bulls could be $70,000. More Losses In BTC? If Bitcoin fails to rise above the $68,500 resistance zone, it could start another decline. Immediate support is near the $65,750 level. The first major support is near the $65,000 level. The next support is now near the $64,200 zone. Any more losses might send the price toward the $64,000 support in the near term. The main support now sits at $63,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now just the 50 level. Major Support Levels – $65,750, followed by $65,000. Major Resistance Levels – $67,250 and $68,500.
Joao Wedson, popular market analyst and founder of analytics platform Alphractal, has shared a cautionary insight on the Bitcoin market involving potential developments with the Binance exchange reserves. Related Reading: Bitcoin Faces Familiar Crossroads As Midterm Cycle Turns Bearish: Analyst Binance BTC Reserves In Danger – Possible Deep Bear Market? The Bitcoin market has remained in a bear phase for the last six months, marked by geopolitical tensions and macro uncertainties. During this time, the premier cryptocurrency has struggled to establish any sustained uptrend while constantly absorbing waves of corrective price action. In the most recent wave, Bitcoin prices returned to around $65,000, resulting in a net loss of 5.14% in the last seven days. Since then, the market has experienced a small range consolidation and presently trades around $66,000. According to Joao Wedson, this recent decline brings Bitcoin closer to a key support level, i.e., Binance Reserve Realized Price, which represents the average cost basis of BTC coins held on the exchange. Notably, this metric presently stands at $60,490, which is a mere 9% from present price levels. A drop below this threshold would push a significant portion of Binance-held supply into unrealized losses, potentially weakening market sentiment and increasing the risk of sell pressure, especially given Binance’s position as the world’s largest crypto exchange. Wedson notes the postulated situation had occurred in the 2022 bear market, during which the exchange’s reserve held unrealized losses for months. General historical trend recognizes Binance Reserve Realized price as a key support level, loss of which would expose the bear market to lower price levels and deepen broader losses. In this case, the initial support target is at $54,000, which represents the general realized price level. However, significant chances of lower levels remain as Bitcoin has previously experienced bear market corrections ranging between 70%-80% from the cycle peak. For context, present levels are only 52% away from the current all-time high at $126,100. Related Reading: Binance Users Register Record Gold Futures Trading Activity – What This Means Bitcoin Price Overview At the time of writing, Bitcoin is trading at $66,681, posting a modest 1.01% gain over the past 24 hours, though still down 1.2% on the monthly timeframe. Looking ahead, Coincodex analysts’ projections point to a potential upside, with forecasts placing BTC at $74,187 within the next five days and around $72,426 over the next one. If realized, this would signal renewed bullish momentum and a possible shift in market sentiment. Featured image from iStock, chart from Tradingview
Bitcoin continues to move within the $66,000 range following the corrective wave that dominated the last trading week. The leading cryptocurrency remains in a bear market that began in October 2025, and has resulted in a 52% decline from the cycle’s all-time high so far. However, recent on-chain data is reflecting some positive developments that support a budding price recovery. Related Reading: Bitcoin Short-Term Holders Capitulate As 22K BTC Flow To Exchanges Bitcoin STH Realized Price Safe With No Market Overheating In their latest QuickTake post, the analytics page CryptoZeno shares that Bitcoin retains a constructive market structure even as intense volatility levels rock the market. This claim is backed by multiple data points, starting with the short-term holder (STH) realized price. For context, Bitcoin’s price continues to hold above this key psychological level, suggesting that many investors in this cohort remain profitable despite the recent price loss. Importantly, this observation suggests there is a decreased immediate selling pressure to support a long-term correction. Interestingly, the 7-day Spent Output Profit Ratio (SOPR) is presently valued around 1, presenting another observation that suggests investors are less willing to offload their holdings. While an SOPR of 1 indicates coins are being sold at a profit, a sustained SOPR above 1 during marked consolidations is associated with moderate profit-taking rather than a distribution spree. The 30-day exchange netflow represents the final data point, which has recorded a steady outflow in the past week. Generally, consistent withdrawal from exchanges aligns with accumulation activity, particularly by long-term investors. In particular, CryptoZeno likens the outflow levels to those experienced during early-to-mid bullish phases. Notably, after touching the local low of $60,000 in early February, Bitcoin has witnessed an upward consolidation move, touching as high as $76,000 while also constantly retracing to lows around $65,000. The macro perspective provided by the three metrics mentioned above paints a market with an intact structural support, healthy profit-realization, and a reduced market supply, which collectively suggest the premier cryptocurrency in this consolidation. However, CryptoZeno analysts also warn that the recent loss in price momentum, combined with a falling STH realized price, still puts Bitcoin in a precarious position. Any failure to maintain this support level could trigger selling and cause a short-term dip or sentiment shift. Related Reading: What The Solana Open Interest Is Saying About The Cryptocurrency Right Now Bitcoin Price Overview At press time, Bitcoin is valued at $66,748 after a slight 1.04% gain in the last 24 hours. However, daily trading volume has plunged by 53.48%, suggesting weakening market participation and a lack of strong conviction behind the recent price move. Featured image from iStock, chart from Tradingview
After declining to around $65,500 on Friday, Bitcoin appears to be recovering slowly this weekend. Having briefly reclaimed the $67,000 level on Saturday, March 28, the premier cryptocurrency seems to be enjoying a brewing bullish momentum. According to the latest on-chain data, the Bitcoin price might be preparing for a broader expansion to the upside over the next few weeks. BTC Net Short Positions Jump 52% In Two Days In a recent post on the social media platform X, popular crypto trader Ali Martinez shared an insight into the general sentiment among the crowd in the world’s largest cryptocurrency market. The crypto analyst revealed that a record number of traders are currently betting against the price of Bitcoin. Related Reading: Binance Users Register Record Gold Futures Trading Activity – What This Means This on-chain observation is based on the Net Short metric, which measures the difference between the number of new short positions opened and the number of existing short positions closed over a given period. Typically, a positive value suggests that more new positions are being opened more than closed, while a negative Net Short metric signals otherwise. According to data highlighted by Martinez, the number of “short” positions being taken by the Bitcoin traders is up by more than 52% over the past two days. This trend has perhaps been influenced by the waning momentum — as evidenced by the fall to $65,500 — of the BTC price in the last few days. Merely looking at this piece of data, it could be concluded that the crowd sentiment is tilting toward the bearish side of the market, implying potential further downside for the premier cryptocurrency. However, historical trends show that the crypto market tends to move in the opposite direction of the crowd. Martinez wrote on X: Historically, when everyone leans too far to one side, the opposite often happens. If BTC starts to climb, all those people betting against it will be forced to buy back in, potentially fueling a powerful “short squeeze” to the upside. Typically, a short squeeze is a phenomenon where the price of a cryptocurrency (Bitcoin, in this case) rises unexpectedly, forcing short traders to try to cover their positions by buying the asset. The forced liquidation of these short positions also adds fuel to the further upward price movement. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $66,880, reflecting a nearly 2% jump in the past 24 hours. Related Reading: Crypto Trader Predicts Bitcoin Price Will Hit $100,000 Again When This Happens Featured image created by DALL.E, chart from TradingView
Bitcoin’s recent price action confirms a clear structural breakdown, ending weeks of compression and shifting momentum to the downside. While a short-term bounce remains possible as price fills nearby imbalances, the broader outlook stays bearish. Unless key resistance levels are quickly reclaimed, any upside move is likely to be temporary, with further downside pressure expected. Rising Channel Breakdown Signals Shift In Structure According to a BTC update by crypto analyst Columbus, the market structure has finally broken down after weeks of compression. Price had been coiling within a rising channel, forming higher lows that pressed into overhead resistance. Instead of acceptance higher, Bitcoin faced rejection at trend resistance, followed by a decisive breakdown. Related Reading: Bitcoin Slumps As Traders Turn Defensive: Options Market Flashes Red Warning Signal Current price action suggests continuation to the downside. What once looked like bullish compression has now transitioned into a potential distribution phase. Key liquidity levels now sit below. The $64,000 region stands as the first major magnet, supported by prior reactions and stacked bids. Beneath that, the $62,000 zone represents a deeper sweep area, especially if selling pressure accelerates. Earlier expectations were clear: acceptance above resistance would confirm continuation, while rejection would trigger a move lower. However, the market has chosen the latter. Unless price quickly reclaims the channel and holds above the $68,000 level, any upward movement is likely to be a relief rally into supply, with short-term bias remaining bearish while monitoring reactions around $64,000. Bitcoin 4H Structure Flip Signals Bearish Control Analyzing Bitcoin’s 4H timeframe, analyst Minga noted that weekends, especially Saturdays, typically come with reduced movement. However, current bias leans neutral to slightly bullish, as price is reacting from the weekly lows region. Holding above the blue order block (OB) below remains key, as it keeps the door open for a potential retest of the $67,300 level. Related Reading: Bitcoin Preparing For Liftoff Or Another Drop? Key Levels To Decide Despite that short-term bounce, the 4H market structure has already flipped bearish. The recent downside move has also left behind a noticeable imbalance, which the price tends to revisit and fill either over the weekend or heading into early next week. A successful reclaim of the $67,300 level could trigger a stronger corrective move higher toward $68,800, which now stands as a critical zone for bearish continuation. Thus, any rally into it could present resistance and set the stage for another leg down in line with the broader trend. There is also a possibility that the price will sweep into the lower boundary of the blue OB before any meaningful move higher. Regardless of the exact path, the imbalance left behind from the previous move is expected to be filled. For that reason, short-term sentiment leans slightly bullish on the lower timeframes, but with a bearish retest before continuation in line with the prevailing downtrend. Featured image from Getty Images, chart from Tradingview.com
The price of Bitcoin succumbed to bearish pressure and fell to around $65,500 on Friday, while the geopolitical tensions between the United States, Israel, and Iran seem to worsen. According to a recent on-chain evaluation, this latest price decline appears to have been triggered by a panic-driven sell-off among the market’s most sensitive investor group. Panic Selling Dominates Short-Term Market Sentiment Market analyst Maartunn revealed, in a March 27th post on the X platform, that Bitcoin’s short-term holders have moved a significant amount of Bitcoin into exchanges over the past day. This on-chain observation puts some perspective on the latest drop in the BTC price. Related Reading: $2.3 Billion Ethereum Has Left OKX And Binance This Quarter: The Sell-Side Supply Is Thinning The relevant metric here is the Short-Term Holder P&L to Exchange Sum, which measures the total profit or loss that short-term holders realize when sending Bitcoin to exchanges over 24 hours. According to data from CryptoQuant, Bitcoin short-term investors sent roughly 21,700 coins to exchanges in a bid to cut their losses. Notably, the highlighted chart shows a sharp spike in realized losses at the same time these exchange inflows occurred. Maartunn explained that this means all of these investors who moved their coins actually did so while incurring losses. Typically, short-term holders are more likely to exit unfavorable conditions, unlike the long-term holders, who tend to accumulate during dips. It is also worth noting that such capitulation events often occur during periods of high uncertainty (as is currently the case), where fear is the predominant short-term sentiment, rather than confidence. What’s Next For Bitcoin’s Price? The current sell-off by the short-term participants may signal either a potential turning point for Bitcoin or an increased risk of further downward movement. On one hand, as STHs (weaker hands) exit under pressure, their coins are gradually transferred to more resilient investors with higher conviction (known as the diamond hands). This redistribution is often a source of strength for the overall market structure, as long-term holders are known to accumulate during periods of fear and uncertainty. Hence, what merely seems to be panic selling may actually be underground work for Bitcoin’s recovery. On the flip side, this capitulation event may further expose the premier cryptocurrency to more downside risk. This scenario would likely come into play if more macroeconomic factors (for example, increasing interest rates) cause demand shrinkage. This “demand shrinkage” can make the recent STH capitulation appear more severe than it actually is, as fewer participants are available to absorb supply. As a result, the Bitcoin price could see a spread of bearish momentum, which would in turn send prices further south. As of press time, Bitcoin’s valuation stands at around $66,110, reflecting a significant 4.2% decline in the past 24 hours. Related Reading: Ethereum Price Drops Near $2,020, Downside Pressure Continues to Build Featured image from iStock, chart from TradingView
In the last week, Bitcoin prices fell to around $65,000, resulting in a net loss of 6.74%. This recent decline underlines the asset’s struggles in March, which, despite periods of attempted price breakout, has witnessed an equal or greater pullback, producing a current net monthly loss of 4.4%. Amid this price instability, the Analytics page Easy On Chain has shared an interesting trend on smart money accumulation in the Bitcoin market. Related Reading: If Bitcoin Should Be Worth $280,000 Right Now, What’s The Real Value Of Dogecoin And XRP? Bullish Market Divergence Dominates Bitcoin Activity In the QuickTake post on March 27, Easy On Chain analysts show that Bitcoin price drops in the third month of 2026 have been accompanied by a contrasting reaction from the smart money investors, such as institutional players or ultra-high net worth whales. Notably, the month commenced with a TradFi-led surge, as big money aggressively bought exposure to Bitcoin, causing the Fund Market Premium to reach 2.72 as of March 11. However, this sturdy demand was followed by a strategic market exit, as Bitcoin attained a local monthly peak at $76,007 on March 17. This temporary fall in demand was reflected in the Exchange Whale Ratio, a key selling indicator, hitting a high value of 0.835, while the Stablecoin Supply Ratio (SSR), which compares Bitcoin market cap to stablecoin supply, also touched 10.95, indicating an exhausted buying power. Since then, Bitcoin has recorded a steady correction to $65,000, during which the Net Unrealized Profit/Loss (NUPL) for short-term holders (STH) turned negative, forcing these investors into panic. However, signs of market re-accumulation by long-term holders began on March 22. While the Coins Days Destroyed (CDD) recorded a high value of 27.1 million, which showed movement of 2-7 year old coins, there was no significant change in the exchange inflows CDD level at 48,909. Meanwhile, $2.27 billion in ERC-20 USDT was moved from exchanges, indicating that whales and institutions acquired Bitcoin on the OTC market, bypassing exchange public order books. Related Reading: What Every XRP Holder Must Understand As Activity Wanes Miners Participate In Accumulation Shift According to Easy On Chain, recent activity by Bitcoin miners also supports the underlying accumulation trends. Notably, selling activity has declined, with their total holdings now valued at 1,805,235 on March 27. With a profit margin of 71.4% on present market prices, these participants are also discouraged from any forced selling. At press time, Bitcoin trades at $66,003, reflecting a 4.23% loss in the past day. Easy On Chain analysts state the critical “life line” now lies at $63,200, i.e., the realized price for 1.5 to 2-year holders. For a bullish reversal to occur, there is a need for a revival in US spot demand marked by the Coinbase and Fund Premiums turning positive. Featured image from Unsplash, chart from Tradingview
The Bitcoin price has been trading below $100,000 for months now, and there has been no attempt to reclaim this level. Even now, the price continues to trade more than 40% below its all-time high, as massive sell-offs continue to push the price down. Amid this widespread selling and negative macroeconomic factors, a crypto analyst has revealed when they expect the Bitcoin price to reach the $100,000 mark again before attempting a new all-time high. End Of Iran War Will Drive Bitcoin Price Back in February, the United States had apparently carried out coordinated strikes on the Iranian military, eventually leading to what is now known as the US-Iran war. This move affected financial markets across the globe, and Bitcoin was not left out. Even now, the cryptocurrency market continues to feel the impact of the conflict as inflows have slowed down. Related Reading: Ethereum Accumulation Map Reveals Price Roadmap To $20,000 This negative macroeconomic climate has put a damper on the Bitcoin price, and investors remain wary. While the war rages on, the expectation is that financial assets will continue to struggle, especially as oil prices rise. However, the real move is expected to come in the event of a ceasefire. According to a pseudonymous crypto analyst, who goes by @RoccobullboTTom on X (formerly Twitter), the Bitcoin price will surge when the US-Iran war ends. The analyst explains that this will be the catalyst that will eventually push the BTC price back above $100,000. But When Will BTC Reach A New ATH? The crypto analyst takes a look at past Bitcoin performances in the analysis. The first of these was when the Bitcoin price had done its initial run from the $15,000 low recorded in 2022. Then, there was the rapid rise from $49,000 to $104,000 that took place in 2024. Last but not least was the notable 2025 rally that took the Bitcoin price to $126,000 all-time high of $126,000 in 2026. Related Reading: Expert Analyst Says Bitcoin Expansion Is Over, It Won’t Rally Until This Is Over All of these bull runs have seen the Bitcoin price rise more than 100% from its previous levels in order to make new all-time highs. Taking this into account, the crypto analyst believes that the next bull run could take the Bitcoin price between $150,000 and $200,000. Nevertheless, all of these continue to hinge on the improvement of macroeconomic factors. Most notably, the end of the Iran war is likely to be the catalyst that puts the digital asset on the way to its new all-time highs. Featured image from Dall.E, chart from TradingView.com
The latest Bitcoin (BTC) price drop has raised concerns about the cryptocurrency’s upcoming performance, with some analysts warning that BTC’s next key closes could signal the start of another major correction. Related Reading: Dogecoin Bottom Not In? Analyst Warns DOGE’s Macro Downtrend Won’t Be Over Soon Bitcoin Risks Another Major Crash On Friday, Bitcoin plunged over 7% intraday to a three-week low of $65,700, raising concerns about the flagship crypto’s short- to mid-term performance. The cryptocurrency has been trading between the $65,000-$72,000 levels since the early February crash. After its latest drop, analyst Altcoin Sherpa noted that holding the current levels is crucial, as losing this boundary could quickly send BTC’s price 6%-10% down to the next support area, around $60,000-$62,000. Several market observers also warned that the cryptocurrency is currently breaking down a crucial bearish formation, which could also trigger a massive crash to newer lows if the price doesn’t bounce soon. Notably, Bitcoin has been forming a bear flag pattern on the daily timeframe for nearly two months, retesting the formation’s lower boundary on multiple occasions. However, BTC now risks losing this level as support, as it shows multiple concerning signs. Ted Pillows asserted on X that Bitcoin is not only dropping in price but also losing momentum as it has lost its RSI uptrend. “A major sign of weakness,” he added. The analyst also emphasized that BTC’s breakdown “is only a matter of when, not if,” cautioning that the flagship cryptocurrency has already broken down of a similar two-month bear flag pattern at the start of the year. Meanwhile, Ali Martinez suggested that BTC could drop another 30%-45% based on its historical performance over the past decade. As he explained, Bitcoin has kicked off new bull runs after dropping below its long-term holder realized price, and it’s −0.2 standard deviation band, located at the $48,387 and $36,657 levels, respectively. “I’ll be watching these zones for dip-buying opportunities ahead of the next bull cycle,” he stated. All Eyes On BTC’s Weekly Close Analyst Rekt Capital highlighted another concerning sign for Bitcoin, noting that BTC has once again dropped below the 200-week Exponential Moving Average (EMA). Amid this drop, the cryptocurrency is treating this level as resistance once more, putting the focus on the upcoming weekly close. The analyst previously explained that “If the 200-week EMA is lost as support this week and price Weekly Closes below it again, Bitcoin could actually turn the EMA into new resistance.” Last week, the largest crypto by market capitalization technically closed below the 200W EMA after attempting to “post-breakout retest” it as support, but failing to end the week above the $68,000 area. “That means that price technically kickstarted a breakdown from the EMA,” and a weekly close below this level would confirm it. Related Reading: Bitwise CIO Projects Circle To Hit $75B Valuation By 2030 Despite Selloff, Clarity Act Concerns “Given this latest Weekly Close, there is therefore scope for another dip into the 200-week EMA for another retest to see if BTC can solidify a reclaim into support,” he detailed, “But the overall suspicion has become confirmed: The 200-week EMA is acting as both an unreliable resistance and an unreliable support, never truly confirming a clear role.” The analyst concluded that the indecisiveness could lead to further retests of this area “before ultimately breaking down into additional Macro Downside over time.” As of this writing, Bitcoin trades at $65,600, a 6% decline in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
A veteran Bitcoin evangelist who entered the market when most people had never heard the word “blockchain” is now pointing the finger at the Trump family, not a crypto exchange, as many think, for the liquidation chaos that shook the crypto industry last October. Davinci Jeremie, one of the earliest known Bitcoin adopters, recently shared his unfiltered take on what he believes caused the October 10, 2025, crash. What Davinci Jeremie Actually Believes The October 10, 2025, crypto market crash is one of the most debated events of the current cycle, with traders still split over what really triggered the sudden collapse in price. In the months since, several theories have surfaced, ranging from Binance-led liquidations to coordinated sell attacks. Related Reading: Expert Analyst Says Bitcoin Expansion Is Over, It Won’t Rally Until This Is Over Speaking on The Sujal Show, Jeremie offered a perspective that was politically charged. In his view, the Trump family’s financial interests provide a simpler explanation for what happened to the crypto market on that day. “I think obviously the Trump family. It’s clear right now that the Trump family wants to push crypto down so that they can get as much as they want,” Jeremie said. According to the early Bitcoin believer, wealthy participants approach markets differently. In his words, short-term thinking dominates retail behavior, with many looking for quick gains or rapid wealth creation. Large players, however, operate on extended timelines, often spanning five to ten years. “If you’re wealthy, you don’t think in short terms as most people do; you think in long terms,” he said. The Binance Theory That Took Over Crypto Jeremie’s take stands in opposition to the explanation that dominated industry discourse in the months following October 10. The October 2025 crypto crash, primarily on October 10, saw over $19 billion in leveraged positions liquidated within 24 hours. The sell-off began shortly after Donald Trump signaled plans to impose an additional 100% tariff on Chinese imports. That caused traders to dump risky investments, from stocks to Bitcoin. However, that crash was much more pronounced on the crypto market than expected. Related Reading: Bitcoin Roadmap To $300,000: Analyst Shares Step-By-Step Guide To The Top After the immediate aftermath of the crash, much of the attention was directed to crypto exchange Binance. The exchange quickly became the focal point of speculation, with many pointing to liquidation cascades on its derivatives platform as the primary reason for the crash. The theory was amplified after OKX CEO Star Xu went public with his criticisms, which were based on Binance’s promotional campaign that offered 12% APY on USDe. According to Star Xu, the campaign by Binance blurred the line between USDe and stablecoins like USDT and USDC, and retail investors were not aware of the systemic risks relating to the synthetic stablecoin ecosystem. Davinci Jeremie is known as one of the earliest Bitcoin adopters, having entered the market when BTC was trading around $1. His reputation grew significantly years later when an old YouTube video resurfaced of him urging viewers to buy at least $1 worth of Bitcoin. The clip has since become one of the most referenced moments in crypto history. Featured image from Pngtree, chart from Tradingview.com
US lawmakers on Friday unveiled the Digital Asset PARITY Act — a wide‑ranging draft bill that would reshape tax and regulatory treatment for digital assets while drawing immediate criticism for excluding Bitcoin (BTC). Introduced by Representatives Max Miller and Steven Horsford, the measure would, among other changes, create a narrow tax exemption for small stablecoin transactions and alter how staking income is treated. Key PARITY Act Provisions Under the PARITY proposal, regulated payment stablecoins used in transactions worth less than $200 would be exempt from recognizing gains or losses, provided the stablecoin’s price remains within 1% of its dollar peg at the time of payment. Related Reading: NVIDIA Faces Class Action After Court OKs $1 Billion Crypto-Mining Revenue Claims – Stock Dips 7% The bill also contains several other notable provisions, on staking for example, as it seeks to change the tax timing for income earned by passive participants in proof‑of‑stake (PoS) networks, permitting those “passive stakers” to defer the immediate tax consequences of staking rewards. Yet the bill’s approach to staking and mining has become a focal point for criticism. The Bitcoin Policy Institute (BPI) has been one of the most vocal opponents, arguing that PARITY’s staking deferral provisions create an uneven, technology‑biased tax regime that disadvantages proof‑of‑work (PoW) networks such as Bitcoin. BPI Objection Over Bitcoin Exclusion The Bitcoin Policy Institute contends the draft perpetuates the “phantom income” problem that both miners and stakers previously acknowledged needed legislative relief, but solves it only for stakers. The organization warned that by offering deferral to staking participants while leaving miners outside the relief, the bill effectively penalizes mining and undermines technological neutrality. Related Reading: MARA Holdings’ Bitcoin Sell-Off: 15,000 BTC Liquidated As Prices Crash Below $69,000 BPI called the imbalance “a two‑tier tax regime,” and urged lawmakers to remedy it by restoring a broader de minimis exemption that is not limited to stablecoins and by extending the deferral election to all block‑reward recipients — miners as well as stakers — or otherwise explicitly including mining in the relief. The Bitcoin Policy Institute argued these fixes are minimal but necessary steps if Congress truly intends to maintain US leadership in Bitcoin and digital asset innovation. Left unchanged, the group warned, the draft could disadvantage proof‑of‑work systems and shift innovation offshore. At the time of writing, Bitcoin was trading at roughly $66,000, representing a 4% and almost 6% loss in the 24-hour and seven-day time frames, respectively, as the broader crypto market wraps up the week to the downside. Featured image from OpenArt, chart from TradingView.com