According to this expert, the bottom is in

[bbc.reporter]

I very much like this news update because it creates a speculation based only on blockchain data. The other speculations from experts are sometimes based on what they have witnessed the market did before. However, the past of what the market did does not make the future a certainty.



Bitcoin may have recently looked choppy under $70,000, but a ton of BTC was traded then, in a sign of strong dip demand.

That's evident from blockchain data, which shows the total amount of BTC that last moved on-chain in the $60,000-$70,000 range now stands at 1,845,766 BTC, up from 1,001,491 BTC on Jan. 1, according to data source Glassnode. This increase of 844,275 BTC indicates that some market participants aggressively bought the dip below $70,000.

More importantly, that 1.84 million BTC figure accounts for about 9.23% of bitcoin's circulating supply. It means valuations below $70,000 could act as a floor because a lot of coins are “anchored” there and sellers might be reluctant to sell below it.

Read in full https://www.coindesk.com/markets/2026/04/08/bitcoin-buyers-gobbled-up-nearly-850-000-btc-between-usd60-000-and-usd70-000

[STT]

The experts all the way back from Feb is still looking a genius or idiot savant at worst.   We haven't exceeded that mark, it was a very good guess if nothing else.
  Not a great recovery but it was never claimed an immediate recovery as the story is often more nuanced then the absolute headlines up or down we tend to demand or at fear and get hyped about.

[Akbarkoe]

If this expert is correct, this might become the shortest bear market of bitcoin and we can be certain it will also be certain that this will be also a short bear market for the whole cryptospace?

Does everyone reckon that he is correct? I would certainly want him to be correct hehehehe, however, is he correct?

If this cycle becomes the shortest cycle then it will attract huge price speculation considering that the potential increase will last longer until the next halving, this could be the basis for bitcoin to be more than 100% price increase from the previous ATH.
 
But don't be too lulled by analysts' narratives, they are often incorrect in predicting prices.
If this does happen I and bitcoin holders will be very happy, and the disappointed ones are those who have sold in the last days.

[kawetsriyanto]

If this expert is correct, this might become the shortest bear market of bitcoin and we can be certain it will also be certain that this will be also a short bear market for the whole cryptospace? Does everyone reckon that he is correct? I would certainly want him to be correct hehehehe, however, is he correct?

If he is correct, sure it will be a very short bearish season. It just lasts for few months, it is surprising if it will be over soon. However, I quite doubt it because I don't see something that can trigger this bearish season to change to bullish season. It must be big thing like halving or the like. Do we have it?  

The experts all the way back from Feb is still looking a genius or idiot savant at worst. We haven't exceeded that mark, it was a very good guess if nothing else.

The people aren't idiot or genius, they are just trying to guess/speculate. However, I don't call them as experts. They are just normal people who predict with their own ways.
What mark do you refer to?

Not a great recovery but it was never claimed an immediate recovery as the story is often more nuanced then the absolute headlines up or down we tend to demand or at fear and get hyped about.

So far, the best recovery is BTC reaching $75k-$76k. Since there is too many bad news and we are in the beginning of bearish season period, I don't think it is the right time to expect the fast recovery.


By the way, it is interesting about how people define the end of the bearish. What price they will assume it is the end of bearish? I personally only assume the end of bearish once Bitcoin returns to $100k. 

[bbc.reporter]

Comedy news update.

This quarrel of CZ vs. Star Xu and with a viral mention of CZ's personal life makes the market very much appear that it is nearing the bottom hehehehe.



This latest flare-up also follows an earlier public disagreement in January, when Xu blamed Binance-linked market dynamics for amplifying the Oct. 10 crypto crash, a claim Binance and other market participants disputed. The latest flare-up was triggered by CZ's memoir, published earlier this week, Xu said.

The dispute escalated when Xu questioned whether Zhao had misrepresented his marital status, referencing earlier CoinDesk reporting in which Zhao’s spouse was described as his “wife” in a letter submitted to a judge. Xu said he would apologize if Zhao could produce a divorce agreement signed by both parties.

Zhao responded that he is “officially divorced” and challenged Xu to a $1 billion bet or any amount Xu chose, that the divorce had been finalized, saying lawyers could verify the agreement while declining to publish documents.

Read in full https://www.coindesk.com/business/2026/04/10/star-xu-calls-cz-a-liar-as-founders-of-world-s-largest-crypto-exchanges-argue-over-past-allegations

[bbc.reporter]

News update.

There is another expert who has declared that we have reached the bottom already and this $65,000 will be  the strongest of all support on the market!

There has been bad news from Iran and the Donald on the latest announcement, however, it appears that the market us not anymore reacting negatively.



Bitcoin adds another layer to this shifting landscape, behaving more like gold, while gold has, at times, traded with characteristics more akin to BTC.

When bitcoin reached $126,000 last October, fast-moving capital rotated out of crypto and into gold, a shift visible in exchange-traded fund (ETF) flows. Now, however, with bitcoin already down 50–60% from its peak, Timmer sees fewer “paper hands” left in the market.

Selling pressure has largely been absorbed, while gold, after a strong run, appears more vulnerable to a pullback. Despite this, he remains bullish on both assets. Bitcoin, in particular, looks technically interesting to him, with the $65,000 level acting as solid support.

Read in full https://www.coindesk.com/markets/2026/04/07/oil-at-usd100-vs-bitcoin-at-usd70k-the-wild-ride-that-fidelity-strategist-says-is-a-real-buying-opportunity

[yhiaali3]

I hope this analyst is right and that we have indeed passed the worst and that Bitcoin's bottom was at $60,000, but I am not convinced of that yet and I do not think the bear market is over.

In addition, the conflict in the Middle East is not over yet, and we do not know whether the United States and Iran will come out with an agreement or whether they will return to war. In the event of a resumption of war, no one knows what might happen if energy facilities in the region are destroyed, which could threaten a global crisis that would negatively affect all markets.

[fuguebtc]

I hope this analyst is right and that we have indeed passed the worst and that Bitcoin's bottom was at $60,000, but I am not convinced of that yet and I do not think the bear market is over.

In addition, the conflict in the Middle East is not over yet, and we do not know whether the United States and Iran will come out with an agreement or whether they will return to war. In the event of a resumption of war, no one knows what might happen if energy facilities in the region are destroyed, which could threaten a global crisis that would negatively affect all markets.

Given the current macroeconomic situation, I also do not believe that the bear market is over and Bitcoin has bottomed out. However, I think that even if thing get worse, bitcoin will not fall much further. What I mean is that Bitcoin has not hit bottom yet, but it is probably very close to it

During this cycle, Bitcoin has grown by more than 80% from its peak in the previous cycle. This suggest that Bitcoin is gradually maturing and its volatility is decreasing. Therefore, it will also be difficult for it to be heavily dumped like in previous cycle

[d5000]

Just read about an analysis of another crystal ball reader (Captain Faibrik) - don't really know how knowledgeable/expert they are - but the idea behind it is interesting.

Basically he's argumenting that altcoins may already have seen the bottom, and he's moderately bullish on them. But Bitcoin may still see lower lows even if its now going to see 77-78k - but he expect it only to go down to 54-56k. Which would not be really a substantial new bottom. AFAIK this could very well be a "spring" event, a short bottom with rapid recovery.

I've thought a bit about that and indeed there are often signs that altcoin tops/bottoms come a bit earlier as Bitcoin tops/bottoms. Regarding the bottoms, this often is the case when in the crypto winter, people are still full of despair and fear, but they see some stabilization and a couple of small altcoins rallying. Even if small altcoins rally all the time (and also crash all the time), many people could thus be tricked into thinking that there are already big chances to go long in other altcoins too.

Bitcoin in these market situations could be lagging because it doesn't offer that high volatility for high instant profits, being thus less attractive for that "I'll try my luck!" style of investing/trading, and people may be more cautious. In addition, the "four year cycle" is more of a Bitcoin narrative (as it is often associated with halvings), while altcoins have other halving cycles and thus many people would not expect a later bottom for alts in late 2026 like the  (IMO debunked) cycle theory would suggest for BTC.

[yhiaali3]

I hope this analyst is right and that we have indeed passed the worst and that Bitcoin's bottom was at $60,000, but I am not convinced of that yet and I do not think the bear market is over.

In addition, the conflict in the Middle East is not over yet, and we do not know whether the United States and Iran will come out with an agreement or whether they will return to war. In the event of a resumption of war, no one knows what might happen if energy facilities in the region are destroyed, which could threaten a global crisis that would negatively affect all markets.

Given the current macroeconomic situation, I also do not believe that the bear market is over and Bitcoin has bottomed out. However, I think that even if thing get worse, bitcoin will not fall much further. What I mean is that Bitcoin has not hit bottom yet, but it is probably very close to it

During this cycle, Bitcoin has grown by more than 80% from its peak in the previous cycle. This suggest that Bitcoin is gradually maturing and its volatility is decreasing. Therefore, it will also be difficult for it to be heavily dumped like in previous cycle

I agree with you on this point. I mean, Bitcoin is maturing gradually and its volatility is decreasing. Therefore, it will also be difficult for it to experience a sharp drop in price like what happened in the previous cycle.

But one thing that no one can predict is the repercussions that could occur due to the failure to reach an agreement between the United States and Iran. This scenario would lead the world into unknown and unpredictable situations.

[bbc.reporter]

I hope this analyst is right and that we have indeed passed the worst and that Bitcoin's bottom was at $60,000, but I am not convinced of that yet and I do not think the bear market is over.

In addition, the conflict in the Middle East is not over yet, and we do not know whether the United States and Iran will come out with an agreement or whether they will return to war. In the event of a resumption of war, no one knows what might happen if energy facilities in the region are destroyed, which could threaten a global crisis that would negatively affect all markets.

I speculate that they might be proven correct if the Donald will stop his attack on Iran and announcement of peace is created. This will certainly bring back the optimism on the market. It appears that there might be an announcement heheheh. Bitcoin has been pumping.

However, the Donald is also unpredictable. He might also declare more bombs and destroy everything. It will be a very headshaking occurrence.

[yhiaali3]

I hope this analyst is right and that we have indeed passed the worst and that Bitcoin's bottom was at $60,000, but I am not convinced of that yet and I do not think the bear market is over.

In addition, the conflict in the Middle East is not over yet, and we do not know whether the United States and Iran will come out with an agreement or whether they will return to war. In the event of a resumption of war, no one knows what might happen if energy facilities in the region are destroyed, which could threaten a global crisis that would negatively affect all markets.

I speculate that they might be proven correct if the Donald will stop his attack on Iran and announcement of peace is created. This will certainly bring back the optimism on the market. It appears that there might be an announcement heheheh. Bitcoin has been pumping.

However, the Donald is also unpredictable. He might also declare more bombs and destroy everything. It will be a very headshaking occurrence.

Yes, Trump is unpredictable and constantly changes his decisions. Despite continuing negotiations with Iran, he sent American warships to blockade the Strait of Hormuz, and the Pentagon recently announced that it will send thousands more troops to the Middle East.

Therefore, no one knows if Trump will drop more bombs and destroy everything as he announced before the start of negotiations. Although the market is currently rising due to the temporary lull, this is not guaranteed and we do not know how long it will last.

[STT]

BTC acting well, 7th and 13th of this month so far the price sold but found its support above or near the weekly average.   With a rising 50 day average also now, Bitcoin could even be said to be medium term bullish though that might be jumping the gun still.
  
 That is the beginnings of a bullish phase, its still not proven well enough to break out of prior pricing so remains unchallenged or untested.  A proper move really takes off when its fought and won some kind of sell off attempt but with the dates above it has done that on a smaller scale.

[bbc.reporter]

I hope this analyst is right and that we have indeed passed the worst and that Bitcoin's bottom was at $60,000, but I am not convinced of that yet and I do not think the bear market is over.

In addition, the conflict in the Middle East is not over yet, and we do not know whether the United States and Iran will come out with an agreement or whether they will return to war. In the event of a resumption of war, no one knows what might happen if energy facilities in the region are destroyed, which could threaten a global crisis that would negatively affect all markets.

I speculate that they might be proven correct if the Donald will stop his attack on Iran and announcement of peace is created. This will certainly bring back the optimism on the market. It appears that there might be an announcement heheheh. Bitcoin has been pumping.

However, the Donald is also unpredictable. He might also declare more bombs and destroy everything. It will be a very headshaking occurrence.

Yes, Trump is unpredictable and constantly changes his decisions. Despite continuing negotiations with Iran, he sent American warships to blockade the Strait of Hormuz, and the Pentagon recently announced that it will send thousands more troops to the Middle East.

Therefore, no one knows if Trump will drop more bombs and destroy everything as he announced before the start of negotiations. Although the market is currently rising due to the temporary lull, this is not guaranteed and we do not know how long it will last.

My speculation is when everyone has begun to have the feeling that everything is safe already and they begin to pump bitcoin and altcoins in the cryptospace, this might be where the Donald will declare that the war is not over and begin bombing Iran again. Also, this new bombing occurrence will be the biggest that we will witness!

This is only my speculation, however. My wish is no occurrence like this will happen hehehe.

[coinrifft]

I hope this analyst is right and that we have indeed passed the worst and that Bitcoin's bottom was at $60,000, but I am not convinced of that yet and I do not think the bear market is over.

In addition, the conflict in the Middle East is not over yet, and we do not know whether the United States and Iran will come out with an agreement or whether they will return to war. In the event of a resumption of war, no one knows what might happen if energy facilities in the region are destroyed, which could threaten a global crisis that would negatively affect all markets.

I speculate that they might be proven correct if the Donald will stop his attack on Iran and announcement of peace is created. This will certainly bring back the optimism on the market. It appears that there might be an announcement heheheh. Bitcoin has been pumping.

However, the Donald is also unpredictable. He might also declare more bombs and destroy everything. It will be a very headshaking occurrence.

Yes, that is the biggest question, DJT is chaos in it's purest form, Lol. He really is very unpredictable and the thing is that there are people behind supporting him no matter what. It's like they are attracted on DJT's aura and wanting to go with everything he said. So it's hard to imagine when will there be piece. It's just one puzzle that we need to connect. There is also Israel, another stubborn nation and all bent in destroying Iran. But so far, price looks strong despite this conflict and chaos although I think the bottom might yet to come, maybe $50k-$55k might be a true test.

[jaberwock]

While it's true that there are a lot of people who bought a lot more during this dip, that doesn't mean that it will not go down more. Check the previous bear markets and you will see that while it was going down, there were more and more people who are buying up, and that is why I am not expecting it to change anytime soon.

I think the best situation at hand would be that we are looking at something that would be a bit different and for that reason I think it's clear that we are not going to end up with anything profitable here just because they are buying up. It's true that we are not looking into this that much, and we should be considering how this could be a thing that would make sense for the long term.

[bbc.reporter]

I hope this analyst is right and that we have indeed passed the worst and that Bitcoin's bottom was at $60,000, but I am not convinced of that yet and I do not think the bear market is over.

In addition, the conflict in the Middle East is not over yet, and we do not know whether the United States and Iran will come out with an agreement or whether they will return to war. In the event of a resumption of war, no one knows what might happen if energy facilities in the region are destroyed, which could threaten a global crisis that would negatively affect all markets.

I speculate that they might be proven correct if the Donald will stop his attack on Iran and announcement of peace is created. This will certainly bring back the optimism on the market. It appears that there might be an announcement heheheh. Bitcoin has been pumping.

However, the Donald is also unpredictable. He might also declare more bombs and destroy everything. It will be a very headshaking occurrence.

Yes, that is the biggest question, DJT is chaos in it's purest form, Lol. He really is very unpredictable and the thing is that there are people behind supporting him no matter what. It's like they are attracted on DJT's aura and wanting to go with everything he said. So it's hard to imagine when will there be piece. It's just one puzzle that we need to connect. There is also Israel, another stubborn nation and all bent in destroying Iran. But so far, price looks strong despite this conflict and chaos although I think the bottom might yet to come, maybe $50k-$55k might be a true test.

It appears that we have witness the headshaking occurrence hehehehe. Iran has declared that they will not go to another face to face meeting with the American representatives for more peace talks. They have also declared that the Strait of Hormuz is closed again.

However, we are not yet witnessing a dump. I speculate another headshaking occurrence where the big dump will happen and the Donald and Iran will declare lasting peace heheheheh!

[bbc.reporter]

It appears that all of you will be very happy to hear this news hehe. According to Deutsche Bank, the retail investors are coming back! I reckon everyone is becoming more optimistic on bitcoin again!

However, the contrarian in me speculates that when retail investors begin to participate, there is a chance they are wrong on their timing. Does everyone reckon that this might imply that there will be another dump?



U.S. crypto adoption is rebounding, bitcoin still dominates, Deutsche Bank says

Retail participation in the U.S. has bounced back to mid-2025 levels even as most consumers expect lower bitcoin prices ahead, the bank said.

Read in full https://www.coindesk.com/markets/2026/04/20/u-s-crypto-adoption-is-rebounding-bitcoin-still-dominates-deutsche-bank-says

[bbc.reporter]

It appears that there is another man who has declared that the bottom is in and we will witness another bull market if the price of bitcoin will not dump another $76k on the end of May. This is very much good news hehehehe!

However, this man is one of our most favorite uncles, Tom Lee hehehe. If this man becomes bullish, this might be the beginning of another bearishness on the market.



The crypto bear market is likely over, arguing that a fresh cycle driven by tokenization and artificial intelligence-powered financial services is beginning to take shape, said Tom Lee, chairman of Bitmine (BMNR) and co-founder of Fundstrat.

After positive monthly returns in March and April, BTC is up another roughly 5% in May so far, which would be the third consecutive positive monthly return.

"You have never in a bear market if bitcoin closes up three consecutive months," Lee said. "If bitcoin closes above $76,000 this month, the bear market is definitively over."

Read in full https://www.coindesk.com/markets/2026/05/07/bitcoin-ending-may-above-usd76-000-would-confirm-new-bull-market-tom-lee-says

[bbc.reporter]

News update.

This information will certainly make recent buyers from this forum more braver in holding their investment on bitcoin because there were much conviction buyers on the dump to $60k. These buyers will certainly not sell and this implies that bitcoin will not dump anymore. There will be small price corrections, however.



In a significant shift in bitcoin’s market structure the amount of supply held by “conviction buyers” has surged to nearly 4 million BTC, according to BitGo data cited by Bitfinex on Wednesday.

Bitcoin in long-term buyers’ hands currently represents a 300% increase since the end of 2025, signaling a massive migration of the crypto’s realized value into large, low-activity entities, according to Bitfinex.

Read in full https://www.coindesk.com/markets/2026/05/13/bitcoin-s-available-supply-is-shrinking-as-long-term-hoarding-hits-record-4-million-btc