Viewpoint: If BTC breaks through 76,000 USD and ETH breaks through 2400 USD, a trend reversal may occur

By: rootdata|2026/04/12 06:50:55
0
Share
copy

According to Cointelegraph, macro investor Jordi Visser stated that Bitcoin and Ethereum are not far from key price levels that could indicate a trend reversal this year, despite an increasing number of opinions in the industry suggesting that the market has entered a bear cycle. He said, "If Bitcoin breaks through $76,000, and Ethereum breaks through $2,400, I believe this will mark the beginning of a sustainable upward trend this year, as I do not expect an economic recession."

Visser also stated, "I believe inflation will remain high, and people will need to look for profitable assets in a world where the S&P index has no gains." The prediction market Kalshi currently prices the probability of a recession in 2026 at 24%, down 10 percentage points from the past 30 days. Visser's views contrast with the growing pessimism in the current crypto industry—some even expect Bitcoin to fall below the year-to-date low of $60,000 set on February 6. Veteran trader Peter Brandt stated on March 31 that Bitcoin may retest or even "slightly dip below" that price level in September or October this year, which would mark the low point of this bear market.

You may also like

Why Is Bitcoin Down in 2026? What We Can Learn From 2022

Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com