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
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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.
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