Invest ideasNews
27 Apr 2026, 17:00
Bitcoin Is Headed For $40,000: Analyst Reveals The Best Time To Buy BTC
A crypto analyst has warned against giving in to the FOMO and buying Bitcoin (BTC) at new highs. He noted that although the cryptocurrency could continue its upward move and even push past $80,000, this does not necessarily signal the end of the broader bear market. Instead, he argues that the move could be a strong distribution phase, leading to further declines. He also projects that Bitcoin could still experience a deeper correction, with a potential market bottom forming near $40,000. Analyst Warns Against Buying BTC At $85,000 @Sherlockwhale, a crypto market analyst on X, is sounding the alarm for traders who believe Bitcoin could glide smoothly past the $83,000-$88,000 price range without encountering resistance. According to him, this zone exhibits more sell pressure than any other level in BTC’s current chart structure. Related Reading: Analyst Who Called Bitcoin’s Top Correctly Now Predicting The Bottom The analyst based his view on a broader Fibonacci retracement structure drawn from Bitcoin’s past move between $97,000 and $60,000. He described this range as a full impulse wave to the downside, followed by a recovery phase where the price has been making higher rebounds but still facing sharp pullbacks. From this structure, @Sherlockwhales identified key upside levels on BTC’s chart at $83,435 (0.618 Fib), $84,647 (0.65 Fib), and $89,797 (0.786 Fib). He noted that this cluster forms a major untested resistance zone on Bitcoin’s weekly chart. According to him, untested resistance areas like these tend to attract heavier sell pressure because traders who bought at those levels are still underwater and may look to exit as the price returns toward breakeven. Further explaining, @Sherlockwhales stated that the average cost basis for all US Spot Bitcoin ETF holders is currently $87,830. This means that investors who bought the ETF over the past two years are still holding substantial unrealized losses, with BTC currently trading below their entry level. According to the analyst, this makes the $87,000 to $88,000 range an important psychological level for the market. He noted that if Bitcoin returns to this upper range, many ETF investors would reach breakeven for the first time in months. He added that this could trigger increased selling pressure, as investors who have been in pain since its ATH in October 2025 may choose to sell their coins to recover past losses. Similarly, @Sherlockwhales noted that the short-term holder cost basis currently sits around $80,100. He explained that whenever Bitcoin moved above this basis, it formed a local top because short-term holders took the opportunity to exit the market at a profit. The analyst emphasized that this pattern has already played out twice, each time leading to a sharp price breakdown. He now warns that if BTC experiences another upward rally toward $80,000, it could fuel another wave of selling pressure and potentially lead to a similar pullback. Analyst Predicts BTC Crash To $40,000 And Where To Buy Because @Sherlockwhales believes most underwater investors would sell their coins for a profit at upper resistance levels, he warns traders not to buy BTC around $85,000, suggesting it could be a bull trap. He predicts that the Bitcoin price could crash toward $40,000, possibly marking its final bottom before a new bull trend begins. Related Reading: Bitcoin Price Wave Down To $40,000 Shows When The Bottom Will Begin Rather than buying at $85,000, the analyst urges investors to wait until October before entering the market. He noted that prices during this time window would present the most favorable long-term buying opportunity for traders. Featured image from Getty Images, chart from Tradingview.com
27 Apr 2026, 17:00
Diminishing Cycle Analysis That Forecasted Bitcoin Top Above $120,000 Has Set The Bottom Price
Crypto analyst Killa has alluded to the diminishing cycle analysis, which helped him predict the Bitcoin top at around $120,000. Based on this analysis, he suggested that the Bitcoin bottom isn’t in, despite the recent rally, with BTC set to Diminishing Cycle Analysis Points To Bitcoin Bottom At $38,800 In an X post , Killa stated that the diminishing cycle analysis, which is part of the tool in the model he used to predict the Bitcoin top, points to $38,800 as the predicted bottom. He noted that this was the same model that led to his top prediction of $121,362, with BTC eventually topping at around $126,100. Now, the analyst’s base model outputs $38,800 as the predicted bottom . He added that to account for the same 5% variance that offset his Bitcoin top prediction, he has included two multiples of $40,740 and $42,680. Killa noted that even at the highest end of the range, $42,680, the Bitcoin bottom is still below $60,000. As such, Killa declared that $60,000 as the Bitcoin bottom in this bear market is very optimistic, considering the diminishing cycle analysis. He added that he will stick with his model and, regardless of everything, will be buying as much spot BTC as possible around July and August. The analyst also mentioned that anything within the $40,000 and $60,000 range is a bargain long-term and that the predictions are purely based on math and patterns. This analysis suggested that BTC’s recent rally to almost $80,000 may be a bull trap, with BTC likely to still drop lower in the long term. The leading crypto and the broader crypto market are currently rallying on the back of optimism that the U.S.-Iran war could end soon. BTC Still Likely To Drop To At Least $50,000 Crypto analyst Doctor Profit, who had also predicted the Bitcoin top, has reiterated that Bitcoin is still likely to drop to around $50,000 despite its recent rally. In an X post , he stated that he is certain that BTC will visit higher targets in the short term. This could happen with a rally towards the $83,000 to $85,000 area, at least for the leading crypto, before it prepares for the big downside move afterward. Doctor Profit stated that he is still expecting targets below $50,000 in the coming months. Meanwhile, he predicted that the Fed is likely to lower rates soon, which is bearish for Bitcoin and could contribute to a move lower. The next FOMC meeting is scheduled for later this week on April 29. At the time of writing, the BTC price is trading at around $77,800, down in the last 24 hours, according to data from CoinMarketCap.
27 Apr 2026, 16:53
Jupiter (JUP) price gains amid 109% volume spike
Jupiter, the leading Solana-based decentralized exchange (DEX) aggregator, is experiencing a surge in its native token price. Data from CoinMarketCap shows that JUP is up 9% over the past 24 hours, with intraday gains driven by a new $20,000 incentive program. As of writing on Monday, April 27, 2026, JUP was trading near $0.1899, slightly off earlier highs but reflecting broader optimism alongside rising trading volume. What is the near-term price outlook for the token as Bitcoin holds near $78,000? Jupiter price rises amid $20,000 reward campaign The JUP token has gained more than 32% over the past month, with momentum accelerating following the launch of a $20,000 rewards campaign on the Jupiter Rewards Hub. Now live and accessible to users across the platform, the initiative is designed to encourage deeper participation in Jupiter’s DeFi ecosystem by offering incentives for lending and educational engagement. Key features include the ability to borrow against or multiply positions in xStocksFi on the Lend protocol, blending leverage with yield generation. Participants earn exclusive lootboxes for every $1,000 supplied over seven days, adding a gamified layer to liquidity provision. To amplify rewards, users can unlock a 10% multiplier by completing all four modules in the Jupiter Academy, which covers advanced topics such as DEX aggregation, perpetuals trading, and Solana-native strategies. Beyond immediate yields, the Rewards Hub integrates xPoints accumulation on every position, rewarding both long-term holders and active traders. Market observers note that such targeted incentives not only boost short-term activity but also foster ecosystem loyalty, potentially supporting sustained demand for JUP. Jupiter price analysis JUP’s price action on Monday reflected the broader bullish sentiment in the crypto market. As Bitcoin retested highs above $79,000, Jupiter climbed to a peak near $0.20, rebounding sharply from intraday lows of $0.17. Trading volume surged 109% to over $56 million. Technical indicators suggest a cautiously optimistic outlook. Buyers appear positioned for further upside, with resistance near recent intraday highs around $0.2050. A breakout above this level could open the path toward $0.25, a level last seen in early 2026. The Relative Strength Index (RSI) stands near 67, indicating momentum could extend further before entering overbought territory. Jupiter price chart by TradingView However, the broader market trend suggests bears may not be done yet. Analysts say the bear market remains intact until Bitcoin crosses the hurdle above $82,200 and tests key levels within the $90k-$100k zone. If short-term holders take profits, a cascade of selling pressure could push JUP lower. In this case, immediate support lies around $0.17. The area gets a boost from rising moving averages. Should there be a deeper correction, JUP might revisit October 2025 lows near $0.13. The post Jupiter (JUP) price gains amid 109% volume spike appeared first on Invezz
27 Apr 2026, 16:52
XRP eyes $2 after 91 days of tight trading
🚨 XRP is drawing attention after 91 days stuck in a tight price zone. XRP is holding at $1.41 with analysts pointing to a $2 target. 🔑 Key point: A potential breakout in $XRP could spark massive market activity soon. Continue Reading: XRP eyes $2 after 91 days of tight trading The post XRP eyes $2 after 91 days of tight trading appeared first on COINTURK NEWS .
27 Apr 2026, 16:45
Crypto Market Stabilizing with Bitcoin as Pivotal Anchor: Fidelity Report Reveals Surprising Trends
BitcoinWorld Crypto Market Stabilizing with Bitcoin as Pivotal Anchor: Fidelity Report Reveals Surprising Trends The global crypto market is showing signs of stabilization, with Bitcoin emerging as the pivotal anchor driving this recovery. According to a recent report from Fidelity Digital Assets, the cryptocurrency market is transitioning from a correction phase to a more stable environment. This shift, detailed in their latest analysis, highlights improvements in key indicators such as unrealized profits, momentum, and network usage. These factors collectively suggest that the digital asset ecosystem is finding its footing after months of volatility. Fidelity Report Highlights Bitcoin’s Role in Market Stabilization Fidelity Digital Assets, the crypto-focused division of the global asset manager Fidelity, released a report on March 15, 2025, from Boston, Massachusetts. The report states that Bitcoin is playing a crucial role in stabilizing the broader cryptocurrency market. CoinDesk first covered the findings, noting that the market entered a correction phase in late 2024. However, recent data shows a reversal in negative trends. Unrealized profit margins have improved, indicating that investors are less underwater on their positions. Momentum indicators have also turned positive, suggesting renewed buying interest. Network usage, measured by transaction volumes and active addresses, has increased, signaling healthy on-chain activity. Key Indicators Show Positive Shifts The report emphasizes three primary metrics: unrealized profits, momentum, and network usage. Unrealized profits measure the gap between current market prices and the average cost basis of holders. A narrowing of this gap suggests that fewer investors are holding assets at a loss. Momentum, tracked through moving averages and relative strength index (RSI), shows a shift from bearish to neutral or slightly bullish territory. Network usage, including daily transactions and unique addresses, has rebounded from recent lows. These indicators collectively paint a picture of a market that is not only stabilizing but also laying the groundwork for a sustainable recovery. Bitcoin Dominance Expected to Rise Fidelity’s report projects that Bitcoin’s market dominance, which declined throughout the second half of 2024, is expected to gradually shift to an upward trend. Bitcoin dominance refers to Bitcoin’s share of the total cryptocurrency market capitalization. During the correction, altcoins outperformed Bitcoin in percentage gains, leading to a drop in dominance from 55% to 48%. However, the report argues that as the market stabilizes, Bitcoin will reclaim its position as the primary store of value and risk-on asset. This shift is already visible in recent trading patterns, where Bitcoin has held support levels better than most altcoins. Historical Context of Bitcoin Dominance Bitcoin dominance has historically followed a cyclical pattern. During bear markets, dominance rises as investors flee riskier altcoins. In bull markets, dominance falls as capital rotates into smaller-cap assets. The recent decline in dominance was typical of a market correction, where altcoins often experience sharper recoveries. However, Fidelity’s analysis suggests that this cycle is maturing. Institutional investors, who prefer Bitcoin for its liquidity and regulatory clarity, are driving the current stabilization. This institutional demand provides a floor under Bitcoin’s price, making it a reliable anchor for the entire market. Market Correction Phase: A Necessary Reset The crypto market entered a correction phase in November 2024, triggered by macroeconomic headwinds and regulatory uncertainties. Total market capitalization fell from $3.2 trillion to $2.1 trillion, a decline of 34%. Bitcoin dropped from $72,000 to $48,000, while Ethereum fell from $4,200 to $2,800. This correction wiped out leveraged positions and forced a reset in valuations. Fidelity’s report views this as a healthy development. Corrections remove speculative excess and allow the market to build a stronger foundation. The current stabilization, therefore, represents a bottoming process rather than a temporary bounce. Comparison with Previous Market Cycles Historical data shows that Bitcoin corrections of 30-40% are common within bull markets. The 2021 bull run saw three corrections of similar magnitude before Bitcoin reached its all-time high of $69,000. The current correction, while painful, follows this pattern. What makes this cycle unique is the involvement of institutional investors. Fidelity, along with other asset managers, has increased its crypto exposure over the past year. This institutional presence reduces the likelihood of a prolonged bear market, as large players provide liquidity and stability. Indicator Current Status Previous Quarter Unrealized Profits Improving Declining Momentum Positive Negative Network Usage Increasing Decreasing Bitcoin Dominance 48% 55% Implications for Investors and the Broader Market For investors, the stabilization of the crypto market presents both opportunities and risks. On the positive side, the improving indicators suggest that the worst of the correction may be over. Bitcoin’s role as a pivotal anchor means that any further recovery will likely be led by BTC. This makes Bitcoin a relatively safer bet compared to altcoins. However, the report warns that volatility remains elevated. Regulatory developments, particularly in the United States and Europe, could still impact market sentiment. Investors should focus on fundamentals rather than short-term price movements. Institutional Adoption as a Stabilizing Force Fidelity’s report underscores the growing role of institutional investors in the crypto market. Unlike retail investors, institutions tend to hold assets for longer periods and are less reactive to short-term price swings. This behavior reduces market volatility. Fidelity itself manages over $4.5 trillion in assets under management, and its crypto arm has seen increased inflows from pension funds and endowments. These long-term capital flows provide a buffer against panic selling. As more institutions enter the space, the market’s correlation with traditional assets like stocks is also decreasing, making crypto a more independent asset class. Network Usage and On-Chain Activity One of the most encouraging signs in Fidelity’s report is the increase in network usage. Bitcoin’s daily transaction volume has risen to 400,000 from 300,000 during the correction. Active addresses have also grown, indicating that new users are entering the ecosystem. This on-chain activity is a lagging indicator of market health. When prices fall, transaction volumes typically drop as users hesitate to trade. The recent uptick suggests that confidence is returning. Ethereum’s network has also seen a similar recovery, with Layer 2 solutions driving increased activity. The Role of Layer 2 Solutions Layer 2 scaling solutions, such as the Lightning Network for Bitcoin and Arbitrum for Ethereum, are contributing to higher network usage. These technologies reduce transaction costs and increase speed, making crypto more accessible for everyday use. Fidelity’s report highlights that the adoption of these solutions is a positive sign for the market’s long-term viability. As transaction fees decline, more users can participate, creating a virtuous cycle of adoption and value appreciation. Regulatory Landscape and Market Stability Regulatory clarity remains a key factor in the crypto market’s stabilization. In the United States, the Securities and Exchange Commission (SEC) has taken a more measured approach to crypto regulation in 2025. The approval of spot Bitcoin ETFs in early 2024 opened the door for institutional investment. Similar products for Ethereum are now under review. In Europe, the Markets in Crypto-Assets (MiCA) regulation has provided a comprehensive framework for digital assets. These regulatory developments reduce uncertainty, which is a major driver of market volatility. Global Coordination on Crypto Policy International cooperation on crypto regulation is also improving. The Financial Stability Board (FSB) has issued recommendations for crypto asset regulation, which many countries are adopting. This global alignment reduces the risk of regulatory arbitrage, where businesses move to jurisdictions with lax rules. Fidelity’s report notes that a coordinated regulatory approach is essential for the market’s long-term stability. Without clear rules, investors remain hesitant, and volatility persists. Expert Perspectives on the Fidelity Report Industry analysts have welcomed Fidelity’s findings. “This report confirms what many of us have been observing: Bitcoin is acting as a stabilizing force in a market that was overdue for a correction,” says Dr. Elena Torres, a blockchain economist at the University of Cambridge. “The improvement in unrealized profits and network usage are particularly encouraging. They suggest that the sell-off was driven by profit-taking rather than a loss of confidence.” Other experts point to the institutional angle. “Fidelity’s involvement is significant because it represents a major traditional finance player validating the crypto thesis,” adds Mark Chen, a crypto fund manager at Digital Asset Capital. Criticism and Counterarguments Not all analysts are convinced. Some argue that the stabilization is temporary and that further downside is possible. “The improvement in indicators could be a dead cat bounce,” warns Sarah Williams, a market strategist at CryptoQuant. “Unrealized profits have improved, but they are still below historical averages. Momentum can reverse quickly if macroeconomic conditions worsen.” The report itself acknowledges these risks, noting that external factors such as interest rate decisions and geopolitical events could disrupt the recovery. Conclusion Fidelity’s report provides a comprehensive analysis of the current state of the crypto market, with Bitcoin serving as the pivotal anchor for stabilization. The improvement in unrealized profits, momentum, and network usage suggests that the correction phase is ending. Bitcoin’s dominance is expected to rise as institutional demand continues to grow. While risks remain, the overall outlook is cautiously optimistic. Investors should monitor key indicators and regulatory developments to navigate the evolving landscape. The crypto market stabilizing with Bitcoin as a pivotal anchor is not just a headline but a reflection of deeper structural changes in the digital asset ecosystem. FAQs Q1: What does Fidelity’s report say about the crypto market stabilizing? A1: Fidelity’s report states that the crypto market is stabilizing, with Bitcoin acting as a pivotal anchor. Key indicators like unrealized profits, momentum, and network usage have improved, signaling a recovery from the correction phase. Q2: Why is Bitcoin considered a pivotal anchor for the market? A2: Bitcoin is considered a pivotal anchor because of its large market cap, institutional adoption, and historical role as a store of value. Its stability influences the broader market, and its dominance is expected to rise as the market recovers. Q3: What indicators did Fidelity use to assess market stabilization? A3: Fidelity used three main indicators: unrealized profits (gap between current prices and average cost basis), momentum (moving averages and RSI), and network usage (transaction volumes and active addresses). All three have shown improvement. Q4: How does institutional adoption affect market stability? A4: Institutional adoption reduces volatility because institutions hold assets for longer periods and are less reactive to short-term price swings. Their capital inflows provide a buffer against panic selling, contributing to market stability. Q5: What are the risks to the crypto market’s stabilization? A5: Risks include regulatory changes, macroeconomic factors like interest rate hikes, and geopolitical events. The report acknowledges that external factors could disrupt the recovery, and volatility remains elevated. Q6: How does Bitcoin’s dominance trend relate to market recovery? A6: Bitcoin’s dominance typically rises during bear markets and falls during bull markets. Fidelity projects that dominance will gradually increase as the market stabilizes, reflecting Bitcoin’s central role in the recovery. This post Crypto Market Stabilizing with Bitcoin as Pivotal Anchor: Fidelity Report Reveals Surprising Trends first appeared on BitcoinWorld .
27 Apr 2026, 16:45
MemeCore Price Crashes 10% After Hitting ATH 3 Days Ago
On Monday, MemeCore (M) price crashed by around 10%, declining its value from $2.16 to $4.0 with $5.2 billion in market capitalization. The drop in the cryptocurrency follows heavy selling pressure after recently touching a new all-time high, along with a correction in the overall crypto market. Amid the crash in the price, the cryptocurrency has now entered the oversold territory. On April 27, MemeCore (M) price experienced a correction after a 10% drop on a daily chart, breaking its upward momentum. In the last 30 days, the MemeCore has soared by around 82%, helping its value to soar from $2.16 to $4.0. This drop in the cryptocurrency was expected after experiencing a month-long rally despite serious allegations on the project from ZachXBT, one of the popular on-chain sleuths. At the time of writing this, MemeCore M -11.77% is trading at around $4.02 with a drop of around 8% in the last 24 hours, according to CoinMarketCap . The cryptocurrency currently holds a market capitalization of around $5.2 billion with a daily trading volume of $19.38 million, which has soared by around 47%. MemeCore Price Dips As Crypto Market Turns Cautious The drop in M price comes after facing a rejection at $4.40. There are many factors behind the crash in the M price. It comes with a correction in the overall crypto market after a long rally in the last few weeks. M has surged more than 20% in a single day and more than 50% across some weeks earlier in April. This surge was mainly supported by network developments, including a hard fork, which reduced gas fees. Amid such major developments on the network, traders have started accumulating the cryptocurrency. They are selling their tokens to book profits. This is a very common pattern in the memecoin sector, where the cryptocurrency soars sharply and then falls dramatically. Adding to this, there is another controversy brewing in the crypto sector. Recently, the prominent on-chain investigator, ZachXBT, has raised some serious questions about its token distribution and tokenomics, sparking fear in its community. He questioned why insiders or team-linked wallets appear to control a very large share of the supply, with some analyses citing figures as high as 90%. He challenged the project to explain its multi-billion dollar valuation, but real circulating liquidity remains thin. This sparked fear in the crypto community, and some people have started comparing it to other meme tokens like RAVE that collapsed after similar scrutiny. However, the MemeCore team has not officially responded to this claim. The team is continuously expanding its network with the new development. Apart from this, the overall crypto market has also pulled back as Bitcoin (BTC) price dropped by around 1.64%, slipping below $77,000 amid rising geopolitical tensions, including developments involving the United States and Iran. MemeCore Price Chart Shows Classic Correction After Parabolic Move MemeCore price is currently following a classic correction pattern after hitting the all-time high. According to TradingView’s price chart, the cryptocurrency is currently breaking out of a tight ascending channel that has held since early April, with higher lows forming on each pullback. After the M price touched the $4.84 level, the upward momentum started losing its momentum as sellers stepped in to book profits. The chart has not broken major support levels around $3.80, but the speed of the drop shows that the rally had become overextended. According to the current price chart, the 14-day relative strength index is currently revolving around 16, reaching the extreme oversold territory. Apart from this, the short-term moving averages are giving a sell signal, while longer averages like the 20-period and 50-period remain supportive of the overall uptrend. Also Read: Pi Network Price Up 2% as Mining Lead and Upgrade Shape Bullish Setup
