Odaily Planet Daily Report: Cryptocurrency analyst Jason Pizzino’s latest research indicates that the Bitcoin price may not reach its long-term bottom until October 2026. Currently, BTC trading volume continues to decline, similar to the pattern seen from late 2022 to early 2023, reducing the likelihood of a short-term bull market return. Meanwhile, CryptoQuant data shows that the share of large investors’ exchange deposits has decreased from 47% in mid-November to the current 21%, with average deposit amounts shrinking by 36%, indicating weakening selling pressure. If this trend continues, BTC price is expected to rebound to $99,000. Analysts point out that the 200-day simple moving average acts as a strong resistance, market risk appetite remains insufficient, and Bitcoin may need to undergo a consolidation period before a new round of market activity. (Cointelegraph)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CKpool’s Miner’s Lottery has drawn again! A lucky winner beat the 1 in 280k odds to take home $210k alone
In Bitcoin network hash rate competition, an independent miner using CKpool successfully mined a block, earning 3.139 BTC (about $210k), with odds of only 1 in 280k. CKpool lets small miners take on solo mining; if they succeed, they get all the rewards, and if they fail, they earn nothing. This block was the first solo win since February 28.
ChainNewsAbmedia33m ago
BTC 15-minute rise of 0.45%: whale funds inflow into exchanges drives short-term fluctuations
2026-04-06 02:00 to 02:15 (UTC), the BTC spot price fluctuated in the range of 68772.5 to 69317.9 USDT, with an amplitude of 0.79%, and the candlestick (K-line) return recorded +0.45%. The brief abnormal move sparked market attention; the magnitude of volatility was influenced by multiple capital activity patterns. Overall sentiment leaned cautiously, and attention increased.
The main driving force behind this abnormal move was whale capital flowing into exchanges. On-chain data shows that during this period, whale (holding ≥1000 BTC) net inflows totaled 867.3 BTC, reaching a recent high and accounting for a portion of the total for the entire day total flow—
GateNews50m ago
Arthur Hayes: Bitcoin’s long-term target price is $250k to $750k, and in the short term it could fall below $60k
Arthur Hayes said on a podcast that, because the Federal Reserve has not expanded liquidity, he will not put more money into Bitcoin. He expects his medium- to long-term target price to be between $250,000 and $750,000. He warned that if the Iran–U.S. conflict continues, Bitcoin could fall below $60,000 in the short term. Meanwhile, Charles Schwab will launch spot trading for Bitcoin and Ethereum. Research shows that after major shocks, Bitcoin has performed better than gold and the S&P 500, and its current price has rebounded to $67,300.
GateNews2h ago
Bitcoin Breaks Through 68,000 USDT, Up 1.05% Within the Day
Gate News message: On April 6, market data shows that Bitcoin has broken through 68,000 USDT; it is currently trading at 68,007.46 USDT, with a intraday gain of 1.05%.
GateNews2h ago
Decode the luck of a solo Bitcoin Miner winning 210.000 USD
A solo Bitcoin miner recently won $210,000 by successfully mining a block on CKpool, highlighting the rarity and luck involved in solo mining. With a success probability of 1 in 28,000 daily, solo mining remains appealing despite its low odds, contrasting with the stability of pool mining for most miners.
TapChiBitcoin2h ago
Quantum computing is a major threat to Bitcoin and crypto
This week, Google released a research paper describing how—at least in theory—a quantum computer could derive the Bitcoin private key in 9 minutes, setting off ripple effects across Ethereum, other tokens, private banks, and possibly everything in this world.
Quantum computers are easily misunderstood as a ph
TapChiBitcoin2h ago
