hodler

27 Apr 2026, 09:31

AVAX Comprehensive Technical Analysis: Detailed Review of April 27, 2026

AVAX at $9.25 is in a downtrend, trending weakly below EMA20 with bearish signals. Support at $9.22 is critical, resistance at $9.46 is challenging; BTC correlation increases risk.

27 Apr 2026, 09:30

‘The Beat Goes On’ – Saylor Hints At Another Bitcoin Buying Spree

Strategy’s preferred equity instrument, STRC, has been trading below its $100 par value — a detail that has quietly drawn attention from investors watching the company’s ability to keep funding its Bitcoin purchases. RR Saturn Steps In As Questions Mount The company behind the Bitcoin treasury strategy recently attracted fresh capital despite the uncertainty. Saturn, a STRC-backed yield provider, put $18 million into STRC, bringing its total investment to $33 million. The move came even as critics questioned whether demand for the instrument is strong enough to sustain Strategy’s aggressive acquisition pace. STRC offers holders a monthly payout with an annual return of 11.5%, and the funds raised through it go directly toward buying more Bitcoin. Still, the stock sitting below par has prompted questions. An account tracking STRC activity posted online over the weekend, estimating that the past week saw roughly zero Bitcoin purchased. “What will Monday’s 8-K confirm?” the post asked. The ₿eat Goes On. pic.twitter.com/tBDs2z0b4z — Michael Saylor (@saylor) April 26, 2026 That question may already have an answer in the works. Saylor Posts The Orange Dots — Again On Sunday, April 26, Michael Saylor posted on X with a simple message: “The Beat Goes On.” Attached was Strategy’s so-called “Orange Dots” chart, a visual record of every Bitcoin purchase the company has made. Based on past trends, the post is widely read as a signal that another acquisition announcement is coming. Strategy now holds more than 815,000 Bitcoin. Last Monday, the company added to that total with a $2.54 billion purchase, cementing its position as the largest corporate holder of Bitcoin in the world. No other publicly traded company comes close. The title of Saylor’s post — “The Beat Goes On” — captures the tone he has maintained for years: steady accumulation, public signaling, and near-total indifference to critics. BTC Schiff Calls It A ‘Ponzi’ Scheme Peter Schiff , one of Bitcoin’s most vocal long-term critics, has been especially focused on STRC lately. He has called it “the most obvious Ponzi that has ever existed” and warned that the math behind the product doesn’t hold up under scrutiny. The claim that Bitcoin only has to rise by 2% per year to cover the 11.5% yield on $STRC indefinitely assumes $MSTR stops issuing STRC. But Saylor is actually increasing issuance. The more STRC MSTR sells, the more BTC must rise to cover the yield. Also, if the price of STRC… — Peter Schiff (@PeterSchiff) April 25, 2026 His argument centers on the relationship between STRC issuance and Bitcoin’s price growth. According to Schiff, the claim that Bitcoin only needs to rise 2% annually to cover STRC’s 11.5% yield assumes the company stops issuing more STRC. RR If issuance grows, the required rate of Bitcoin appreciation rises with it. He also warned Saylor of potential lawsuits, saying the product’s marketing could be considered misleading. Schiff sees only one exit from what he calls a death spiral — canceling the dividend. But he says that move would itself trigger steep losses across STRC, Strategy’s stock, and Bitcoin prices. Strategy has not publicly responded to Schiff’s claims. Saylor, for his part, appears unmoved. The orange dots keep getting added to the chart. Featured image from Gemini, chart from TradingView

27 Apr 2026, 09:30

The Big Banks Are Very Bullish On Bitcoin And Here Are Their 6-Figure Predictions

Bitcoin is no longer being discussed only by crypto traders and retail bulls. Some of the world’s biggest banks are now attaching six-figure targets to the leading cryptocurrency, and this is a major change in how Wall Street is looking at Bitcoin’s next cycle. Major banks including Citi, JPMorgan, Goldman Sachs, Standard Chartered, and TD Cowen are all pointing to a future where the BTC price trades well above current levels, with several projections clustered between $140,000 and $200,000. Banks And Their 6-Figure Predictions For Bitcoin Not long ago, the words “fraud” and “ponzi scheme” were the most popular way Wall Street described Bitcoin. The very institutions now projecting six-figure price targets spent years trying to talk investors out of the asset entirely. The most interesting BTC price projection is from Citi. Citi projected a base case of $143,000 for BTC, with its bull case reaching as high as $189,000. The forecast is tied to stronger institutional demand and the idea that Bitcoin can continue absorbing capital through ETFs. JPMorgan’s outlook is similarly bullish, with analysts at the bank pointing to a $170,000 scenario based on Bitcoin’s valuation relative to gold. The bank’s model suggests BTC still has room to close the gap with gold as a store-of-value asset, especially if there’s continued ETF demand. Goldman Sachs has highlighted its view as a scenario, and the number is also worth noting. Goldman’s digital assets team sees potential for Bitcoin to approach $200,000 in 2026. Standard Chartered has taken the longest view of the group. The bank revised its 2026 year-end target to approximately $100,000, citing reduced buying from digital asset treasury companies and slowing ETF inflows. However, Standard Chartered still maintains a long-term projection of $500,000 by 2030. TD Cowen rounds out the group with a target of $140,000, which is the lowest prediction from the bunch. Bitcoin Price Predictions From Banks. Source: @CryptoPatel On X Big Banks Moving Into BTC? The contrast between Wall Street’s past posture and its current research output is interesting, mostly with JPMorgan. Back in September 2017, when Bitcoin was trading around $4,200, JPMorgan CEO Jamie Dimon called the cryptocurrency a fraud at an investor conference, compared it to tulip bulbs, and said he would fire in a second any trader caught dealing in it. However, things have changed now, and reports indicate that JPMorgan Chase & Co. is in the process of offering cryptocurrency trading services to institutional clients. Goldman Sachs also disclosed in a regulatory filing that it owns around $1 billion worth of Bitcoin, with CEO David Solomon also confirming that he personally owns a small amount of the asset. Citi, Morgan Stanley, JPMorgan, and Goldman Sachs have all announced new Bitcoin-related products over the past three months, spanning custody, trading, ETF filings, and direct purchases. The banks that once called BTC a fraud are now modeling its path to $200,000. According to crypto analyst Crypto Patel, that’s not adoption. That’s capitulation.

27 Apr 2026, 09:19

XRP plunges after $1.45 touch: is a deeper drop below $1.40 next?

XRP is trading around $1.41, extending a mild pullback after briefly testing the $1.45 area on CoinMarketCap. The move has left the token stuck in a tight range, with price action now compressed between $1.39 and $1.46. Despite multiple attempts to break higher, momentum faded quickly as broader crypto sentiment weakened and buyers failed to sustain pressure above resistance. Over the past 24 hours, XRP has slipped about 1.1%, underperforming a slightly weaker Bitcoin and reflecting a wider shift away from altcoins. Notably, the decline was not driven by any XRP-specific development. Instead, it aligned with a broader market rotation where Bitcoin dominance edged higher toward 60%, signalling capital moving out of riskier assets. Selling pressure builds as volume spikes The XRP price drop was accompanied by a sharp rise in trading activity. The XRP volume has climbed roughly 51% to about $1.7 billion according to CoinMarketCap , showing that the move was backed by real participation rather than low-liquidity drift. This level of activity suggests that sellers were active during the pullback, reinforcing downward pressure as the price slipped away from recent highs. At the same time, XRP continues to behave like a high-beta asset within the crypto market. A broader decline in total crypto market capitalisation of about 0.38% was enough to trigger proportional weakness in XRP, which fell roughly in line with the wider market. This pattern reflects a consistent theme across recent sessions: XRP is reacting more to overall liquidity conditions than internal developments. Key support at $1.40 now the focal point The current price structure now centres on a clearly defined support zone around $1.40 to $1.41. This area has repeatedly acted as a short-term pivot. As long as XRP holds above it, the market remains in a consolidation phase rather than a full breakdown. If support at $1.40 fails, the next level traders are watching sits near $1.39. Below that, downside pressure could extend further as liquidity thins out in the lower range. On the upside, XRP faces immediate resistance at $1.43, a level that has repeatedly capped recovery attempts. A daily close above that zone would open the door toward $1.46 to $1.47, where short-term projections cluster. However, technical indicators show a mixed picture with 7 out of 23 tracked technical indicators signalling a bullish trend, 6 leaning bearish, and 10 showing neutral readings, reflecting a lack of strong directional conviction. Most importantly, while the 14-day RSI sits near 52, a neutral level that suggests the market could go either way, the weekly RSI near 37 signals broader weakness still lingering beneath the surface. In addition, XRP has only reclaimed the 10-day EMA, 20-day EMA, and the 50-day EMA, while the 100-day and 200-day EMAs remain above XRP's price, acting as layered resistance. This configuration typically reflects a market that is recovering in the short term but still constrained by longer-term pressure. XRP price forecast: range-bound unless $1.43 breaks Near-term projections suggest XRP remains in a consolidation phase unless key levels break. A move above $1.43 could extend momentum toward $1.47, which is the next short-term target based on technical projection models. On the downside, a failure to hold $1.40 would likely expose $1.39, with further weakness possible if selling volume remains elevated. Longer-term outlook models show wider scenarios rather than a single trajectory. Estimates for 2026 place XRP in a broad range between approximately $0.86 and $2.28, reflecting the uncertainty around macro conditions and liquidity cycles. While some projections extend higher into future cycles, current price action remains firmly in a consolidation phase with the next breakout direction dependent on whether buyers can reclaim resistance at $1.43 or whether sellers force a breakdown below $1.40. The post XRP plunges after $1.45 touch: is a deeper drop below $1.40 next? appeared first on Invezz

27 Apr 2026, 09:15

Gold Price Hesitates as Bulls Wait for Crucial FOMC Meeting Signal

BitcoinWorld Gold Price Hesitates as Bulls Wait for Crucial FOMC Meeting Signal Gold price action shows a clear lack of commitment from bulls, even as the US dollar shows modest weakness. Market participants now shift their complete focus to the upcoming Federal Open Market Committee (FOMC) meeting. This meeting holds the key for the next major move in gold markets. Gold Bulls Show Hesitation Despite USD Weakness The precious metal struggles to gain traction. Gold bulls appear non-committed. They refuse to push prices higher. This hesitation occurs despite a modest decline in the US Dollar Index. Typically, a weaker dollar supports gold prices. However, this time, the correlation breaks down. Traders remain cautious. They wait for clear signals. The FOMC meeting provides that clarity. Until then, gold trades in a tight range. The market reflects uncertainty. Investors do not want to make large bets. They fear unexpected policy changes. Key factors driving this hesitation include: Uncertainty about interest rate cuts: The market expects a rate cut. But the size and timing remain unknown. Mixed economic data: Recent US data shows a resilient economy. This reduces the urgency for aggressive cuts. Stronger-than-expected inflation: Sticky inflation could force the Fed to hold rates higher for longer. Geopolitical risks: Global tensions provide some support for gold. But they do not trigger a breakout. FOMC Meeting: The Key Catalyst for Gold The FOMC meeting dominates market attention. This two-day event concludes with a policy statement. Fed Chair Jerome Powell then holds a press conference. The market dissects every word. Any hint about future rate paths moves gold prices. Currently, the CME FedWatch Tool shows a high probability of a rate cut. However, the debate centers on the pace of future cuts. A dovish stance would weaken the dollar. This scenario benefits gold. A hawkish surprise would strengthen the dollar. This would pressure gold prices lower. Market participants analyze the dot plot. This chart shows each member’s rate expectations. It provides a roadmap for policy. A lower dot plot signals more cuts. This is bullish for gold. A higher dot plot signals fewer cuts. This is bearish. What Experts Predict for Gold After the FOMC Analysts offer mixed views. Some see a breakout above $2,050. Others warn of a drop to $1,980. The range reflects the uncertainty. A clear FOMC signal breaks this deadlock. “The market needs a catalyst,” says one strategist. “The FOMC provides that. Until then, gold remains range-bound.” Another expert adds: “A dovish Fed is the green light for gold bulls. A hawkish hold is a red flag.” Historical data supports this view. Gold often rallies after the first rate cut. However, the reaction depends on the economic context. If the cut signals a recession, gold may struggle. If it signals a soft landing, gold thrives. USD Weakness: A False Signal for Gold? The recent USD weakness seems modest. It does not trigger a strong gold rally. This divergence puzzles traders. Typically, a weaker dollar boosts gold. But other factors override this relationship. Rising bond yields compete with gold. Higher yields increase the opportunity cost of holding gold. This non-yielding asset loses appeal. The 10-year Treasury yield remains elevated. This caps gold’s upside. Inflation expectations also play a role. If inflation stays high, the Fed may delay cuts. This supports the dollar. It also pressures gold. The market watches the breakeven inflation rate. A rise here signals higher future inflation. This could be bullish for gold as a hedge. Technical Analysis: Gold in a Consolidation Zone From a technical perspective, gold trades in a well-defined range. The support level sits near $2,000. The resistance level stands at $2,050. A breakout above $2,050 targets $2,075. A breakdown below $2,000 opens the door to $1,980. The Relative Strength Index (RSI) sits near 50. This neutral reading confirms the indecision. The Moving Average Convergence Divergence (MACD) shows a flat line. This indicates no clear momentum. Traders use these tools to gauge the next move. A clear signal from the FOMC breaks this technical stalemate. Key technical levels to watch: Resistance: $2,050, $2,075, $2,100 Support: $2,000, $1,980, $1,950 50-day moving average: $2,020 (a key pivot point) 200-day moving average: $1,970 (long-term support) Global Factors Influencing Gold Sentiment Beyond the FOMC, other factors shape gold sentiment. Central bank buying continues. The People’s Bank of China adds to its reserves. This provides a floor for prices. Geopolitical tensions in the Middle East and Eastern Europe add safe-haven demand. However, this demand lacks urgency. Consumer demand in India and China shows mixed signals. The wedding season in India supports physical buying. But high prices deter some buyers. Chinese demand remains steady. The country’s economic slowdown limits aggressive purchases. Conclusion Gold bulls remain on the sidelines. They wait for the FOMC meeting to provide direction. The modest USD weakness fails to ignite a rally. The market needs a clear catalyst. The FOMC decision and Powell’s comments deliver that catalyst. A dovish outcome likely pushes gold higher. A hawkish surprise pressures prices lower. Traders must stay alert. The next few days define the gold trend for the coming weeks. FAQs Q1: Why are gold bulls hesitant despite a weaker dollar? Gold bulls hesitate because the FOMC meeting creates uncertainty. The market waits for clear interest rate signals. A weaker dollar alone does not provide enough confidence for a breakout. Q2: How does the FOMC meeting affect gold prices? The FOMC sets interest rate policy. Lower rates weaken the dollar and reduce the opportunity cost of holding gold. Higher rates strengthen the dollar and pressure gold. The meeting outcome directly moves gold prices. Q3: What is the key support level for gold right now? The key support level is $2,000. A break below this level could trigger a sell-off toward $1,980. The 200-day moving average at $1,970 provides long-term support. Q4: What technical indicators show gold market indecision? The RSI near 50 and the flat MACD line both indicate market indecision. These neutral readings confirm that traders are waiting for a catalyst before making big moves. Q5: Could the FOMC decision trigger a gold rally? Yes, a dovish FOMC decision with hints of more rate cuts could trigger a strong rally. A break above $2,050 resistance would confirm the bullish move. A hawkish surprise could cause a sharp decline. This post Gold Price Hesitates as Bulls Wait for Crucial FOMC Meeting Signal first appeared on BitcoinWorld .

27 Apr 2026, 09:12

Can PI rally to $0.20 as bulls defend crucial EMA level?

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have all retraced after hitting key resistance levels on Sunday. The broader cryptocurrency market has opened the new weekly candle bearish despite the market sentiment turning positive. The crypto market capitalization rose to $2.64 trillion in the early hours of Monday but quickly retreated to the $2.60 trillion level that has held steady over the past five days. The effect has spilled to other altcoins, with Pi Network (PI) also affected by the current market conditions. PI is trading just below $0.1800 at press time on Monday, holding above its 50-day Exponential Moving Average (EMA) at $0.1768 after Sunday's 5% recovery. The three-day recovery for PI aligned with a two-day pause in mainnet migration, which eased the headwinds. The momentum indicators for PI remain cautiously bullish, with the price testing a potential down-channel breakout. PI surges as mainnet migration hits pause PI recorded gains last week following two weeks of persistent selling pressure from investors. The selloff was triggered by the mainnet token migration, which enables PI token holders, commonly referred to as Pioneers. According to PiScan , a two-day pause in the mainnet migration aligned with Sunday's 5% recovery as the headwinds eased. Despite the current dip, the sentiment index has risen to 47, entering neutral territory and reaching its highest level since the second half of January. Since August 2025, the indicator has spent no more than a few consecutive days above 50, the first sign of a bear market. In the near term, approaching the neutral level could increase the risk of a fresh wave of selling. With the US Dollar facing selling pressure in the near term, this could allow major cryptocurrencies including Bitcoin and PI to rally higher. Bulls continue to face resistance The PI/USD 4-hour chart is bullish and efficient as PI has held the $0.17200 support level in the near term. Currently, PI is edging lower as the overhead trendline of a downward channel caps Sunday's recovery. It has pushed its price back above the 50-day EMA at $0.1768, tilting the near-term tone toward a modestly constructive bias. The momentum indicators suggest that the bulls remain in control. The positive Moving Average Convergence Divergence (MACD) histogram widens as the MACD and signal line rise toward the zero line. The Relative Strength Index (RSI) at 64 on the 4-hour chart rises without signaling overbought conditions, suggesting buyers are gradually regaining control. If the rally resumes, initial resistance will be met at the downward trendline at $0.1841. A daily close above this level would open the way for a more meaningful recovery toward the $0.2000 psychological level. The 200-day EMA at $0.2446 could also serve as another major resistance level in the medium term. On the downside, the 50-day EMA at $0.1768 offers immediate support. Failure to defend this level would signal fading bullish momentum and expose a deeper pullback within the prevailing longer-term downtrend. The post Can PI rally to $0.20 as bulls defend crucial EMA level? appeared first on Invezz