Invest ideasNews
9 Apr 2026, 08:31
Bhutan Sells, Whales Buy: Where Is Bitcoin’s Price Headed Next?
The past several days have been highly eventful in terms of activity in the war between the US/Israel and Iran, which included a major cease-fire deal, although it doesn’t appear to be supported by Israel. During this time of uncertainty but rising hope for a lasting peace in the region, BTC investors have adopted various strategies. Who Sells and Who Buys? Data from SoSoValue shows that investors using the spot Bitcoin ETFs to gain exposure to the largest cryptocurrency spent over $470 million on Monday to increase their positions, making it the single-best day in terms of net inflows since late February. The timing was rather intriguing as it came with just hours left before Trump’s deadline expiration, after which he had threatened to wipe out an entire civilization. Once the US and Iran actually reached a cease-fire deal and his threats were disregarded, investors pulled funds out of the ETFs, with $159.05 million in net outflows in the hours leading up to the major development, and another $124.55 million taken out on the day after. Lookonchain, on the other hand, reported that the Royal Government of Bhutan continues to transfer some of its BTC holdings with the likely intention to sell, with another 320 BTC movement. The analytics company said Bhutan’s holdings have declined by over 9,000 BTC since October 2024. The Royal Government of #Bhutan transferred out another 319.7 $BTC ($22.68M) an hour ago. Since Oct 28, 2024, Bhutan’s $BTC holdings have dropped from 13K $BTC to 3,954 $BTC , selling over 9K $BTC ($640M). https://t.co/hiNf1ySQhU pic.twitter.com/Yi7Svmbn9S — Lookonchain (@lookonchain) April 9, 2026 On the opposite side stand bitcoin whales. Ali Martinez cited data from Santiment, suggesting that these large market participants have accumulated approximately 10,000 BTC in the past 72 hours alone, bringing their holdings to around 5.17M units. Where Is BTC Going Next? The primary cryptocurrency went through some intense volatility after the business week began, especially when it jumped from $68,400 to $72,700 after the cease-fire deal was announced, and later to $72,800 when reports emerged that Iran wanted Bitcoin toll payments for passage through the Strait of Hormuz. However, it was stopped there and now stands at around $71,000, with analysts warning that these gains could be short-lived and suggesting that BTC could head for new lows soon. Popular analyst Jelle noted that the first upside liquidity was taken and the focus is now on whether bitcoin can turn the resistance back into support, or it’s falling toward $60K. Liquidity games continue – $BTC has taken out the first upside liquidity. Main question is, can it turn the resistance back into support, or are we falling back into the $60ks? Turn this into another deviation and the CME gap is back on the short-term menu. Let’s see. pic.twitter.com/2uMFDaX2Wr — Jelle (@CryptoJelleNL) April 9, 2026 The post Bhutan Sells, Whales Buy: Where Is Bitcoin’s Price Headed Next? appeared first on CryptoPotato .
9 Apr 2026, 08:30
Higher Before Lower: How Bitcoin Price Will Get To $240,000
The current downtrend has put the Bitcoin price in an increasingly difficult position as bears push back on every recovery. Even now, the price continues to struggle to maintain an uptrend, but it has not deterred bulls from predicting higher prices. The general consensus still remains that the Bitcoin price will cross $100,000 again and eventually reach new all-time highs. As these bullish predictions roll out, one analyst has given their opinion on how the cryptocurrency’s price will move from here. Bitcoin Could Rally To $90,000 First Before Crashing Pseudonymous crypto analyst Cyclop shared their expectations for the Bitcoin price on X following the initial rally at the start of the week. While bearish sentiment still abounds, the analyst does not believe that this would necessarily lead to the price crashing further from here. Related Reading: Why XRP Supply Crashing On Coinbase Is A Good Thing For The Price Instead, Cyclop says that the current bearish sentiment could end up pushing the price higher. The reason for this is the fact that investors are ready to buy lower. What this means is that there is still money to buy cryptocurrencies such as Bitcoin, and this is not how a bottom would play out. Given that bottoms happen when people have run out of money to buy, the analyst believes that there would be another run-up just to shake out investors. This initial run could send the Bitcoin price high toward the $90,000 level, but then the resulting dump would reset the market sentiment. It is only when something like this happens that the crypto analyst believes that the Bitcoin price will have hit a bottom. The squeeze higher and the dump could completely devastate sentiment, leaving room for the Bitcoin price to finally have a real rally. BTC Pushing The Road To $240,000 In a previous post, the crypto analyst had stated the major targets that they are looking at for the Bitcoin price. The first was $69,000, which the cryptocurrency had hit earlier in the week, marking a possible start to the rally that takes it back to six-figures. Related Reading: Ethereum Eyes Macro Bottom As Key Level Comes Into Focus: Analyst Next is a run-up to around $78,000, which is the upward squeeze the analyst spoke of. Then the next in line would be a massive crash that would take the Bitcoin price to new cycle lows at $42,000, and reset the sentiment. And finally, there would be the explosive rally, which the crypto analyst believes could see the bitcoin price reach $240,000. Featured image from Dall.E, chart from TradingView.com
9 Apr 2026, 08:30
Morgan Stanley Bitcoin ETF Debuts With $34M Volume
MSBT exceeded expectations, and saw over 1.6 million shares traded. The fund offers a 0.14% fee, undercutting competitors like BlackRock and Grayscale. Its debut coincided with a broader Bitcoin rebound and renewed ETF interest. MSBT Sees Strong Start Morgan Stanley’s entry into the spot Bitcoin ETF market began with a solid debut, as its Morgan Stanley Bitcoin Trust (MSBT) recorded approximately $34 million in trading volume on its first day. The fund saw over 1.6 million shares traded and closed at $20.47, surpassing expectations from analysts who projected slightly lower initial activity. A key differentiator for MSBT is its aggressive pricing strategy. With a sponsor fee of just 0.14%, it undercuts major competitors like BlackRock’s iShares Bitcoin Trust, which charges 0.25%, and even slightly edges out Grayscale’s Bitcoin Mini Trust ETF at 0.15%. This low-cost structure positions Morgan Stanley to compete more effectively for inflows, particularly among more cost-sensitive investors. The firm also brings a distribution advantage through its network of roughly 16,000 financial advisors overseeing $9.3 trillion in assets, which could help drive adoption over time. The launch coincided with a broader resurgence in Bitcoin and ETF market activity. Bitcoin itself experienced a sharp rebound, and raised more than 7.5% from recent lows to briefly approach $73,000 before stabilizing close to $71,000 . BTC’s price action over the past 24 hours (Source: CoinCodex) This upward move followed geopolitical developments, including a ceasefire announcement between the United States and Iran, alongside reports that Iran was accepting cryptocurrency payments for oil transit fees. At the same time, US-listed spot Bitcoin ETFs recorded around $471 million in net inflows earlier in the week, which was the strongest daily total in about six weeks. Funds managed by major players like BlackRock and Fidelity led the inflows. Bitcoin ETF flows (Source: Farside Investors) However, despite this recent recovery, the sector is still rebounding from sustained outflows, with nearly $5 billion withdrawn since November. These losses have only been partially offset by inflows seen in March and early April.
9 Apr 2026, 08:24
Ondo Finance-linked wallet drives ONDO token sales as retail buyers absorb supply
An Ondo Finance-linked wallet offloaded millions of ONDO tokens on several major exchanges this month. Despite this selling, retail buyers appeared to steadily purchase ONDO, even during short-term price declines. Continue Reading: Ondo Finance-linked wallet drives ONDO token sales as retail buyers absorb supply The post Ondo Finance-linked wallet drives ONDO token sales as retail buyers absorb supply appeared first on COINTURK NEWS .
9 Apr 2026, 08:13
XRP’s Losing Streak Meets a Tight Squeeze — What’s Cooking Under the Hood?
XRP’s Six-Month Slide Meets a Tight Range XRP is caught in a rare and telling moment, one where persistent long-term weakness is colliding with short-term stability. After logging six consecutive monthly losses, its longest losing streak since 2014, the asset is under undeniable pressure. The scale of the decline is hard to ignore because XRP has shed over 55% of its value, with losses averaging close to 10% per month. This kind of sustained drawdown typically signals deep market fatigue. Nevertheless, beneath the surface, the current price action tells a more nuanced story because despite the prolonged slide, XRP is no longer in freefall. Instead, it has settled into a tight consolidation range between $1.30 and $1.35, with CoinCodex data showing the price presently at $1.33. As a result, this shift from aggressive selling to sideways movement suggests that bearish momentum may be losing steam, at least for now. Consolidation phases like this often act as inflection points. They reflect a temporary balance between buyers and sellers, where neither side has enough conviction to force a decisive move. In XRP’s case, recent sessions have produced small rebounds, hinting at emerging demand. However, the absence of a confirmed breakout keeps the market in a state of hesitation. XRP Trapped in a Pressure Cooker Setup What makes XRP’s current setup particularly interesting is the stark contrast in timeframes. On a macro level, XRP remains entrenched in a clear downtrend, weighed down by months of consistent losses. On a micro level, though, the price is stabilizing, volatility is compressing, and the market appears to be recalibrating. As a result, this kind of divergence often precedes a significant move. A breakout above the $1.35 range could signal the start of a relief rally, as sidelined buyers step in and short positions unwind. On the flip side, a breakdown below $1.30 would likely reinforce the broader bearish structure, potentially opening the door to further declines. In conclusion,XRP sits at a crossroads because its extended losing streak depicts the asset’s vulnerability, but the ongoing consolidation suggests that selling pressure is no longer as dominant as it once was. As a result, a wait-and-see approach is needed to know whether the present setup results in a recovery or renewed downside.
9 Apr 2026, 08:10
Algorand price prediction 2026-2032: Is a resurgence possible?
Key takeaways: Our Algorand price prediction indicates a high of $0.2765 in 2026. In 2028, ALGO will range between $0.2559 and $0.3324, with an average price of $0.2942. In 2030, it will range between $0.2792 and $0.3856, with an average price of $0.3324. Algorand’s capabilities make it an interesting prospect for investors and developers interested in smart contracts and blockchain interoperability. Will ALGO go up? Can it reach $10? Where will ALGO be in 5 years? We explore these and more in our Cryptopolitan price prediction. Overview Cryptocurrency Algorand Symbol ALGO Current Algorand price $0.1112 Market cap $989.32M Trading volume $64.22M Circulating supply 8.89B All-time high $3.28 on Jun 21, 2019 All-time low $0.08 on Mar 30, 2026 24-hour high $0.1237 24-hour low $0.1093 Algorand price prediction: Technical analysis Indicator Value Volatility (30-day variation) 13.45% (Very high) 50-day SMA $0.08979 200-day SMA $0.1450 Sentiment Bearish Green days 16/30 (53%) Fear and Greed Index 17 (Extreme Fear) Algorand price analysis On April 9, ALGO was red, dropping 9.98% in 24 hours, but was up 30.18% in 30 days. Its trading volume fell by 36.98% to $64 million, signaling low trading interest. Algorand 1-day chart analysis ALGOUSD chart by TradingView ALGO started recovering this year but later turned bearish after failing to break through the $0.1420 resistance level. This month it made a big break, with an over 40% rise in value. The recent drop shows that it is reversing after reaching a high of $0.1270. The MACD histograms show that its positive momentum is slowing, limiting further upside. Algorand 4-hour chart analysis ALGOUSD chart by TradingView The 4-hour chart highlights ALGO’s run this month, showing the recent recovery faced resistance at the 50-day EMA at $0.1220. The William Alligator trendlines indicate rising volatility and negative market momentum. ALGO was relatively bullish this month. Algorand technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.1246 SELL SMA 5 0.1176 SELL SMA 10 0.1038 BUY SMA 21 0.09233 BUY SMA 50 0.08979 BUY SMA 100 0.1033 BUY SMA 200 0.1450 SELL Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.09487 BUY EMA 5 0.09446 BUY EMA 10 0.1001 BUY EMA 21 0.1083 BUY EMA 50 0.1220 SELL EMA 100 0.1442 SELL EMA 200 0.1723 SELL What to expect from the ALGO price prediction next? Algo recovered this month despite the general market sentiment remaining bearish. Over the short term, ALGO is correcting from the bullish run. Why is Algorand down? Algorand’s sharp decline was a combination of technical failure and a leveraged washout, with no further positive ecosystem news to support it. Will ALGO reach $1? Per our Algorand price forecast, ALGO will break above $1 by the end of 2032. Can Algorand reach $10? Per our Cryptopolitan price prediction, ALGO will not break above $10 by the end of 2032. Can Algorand reach $20? According to our Cryptopolitan price prediction, it remains improbable for ALGO to break above $20 by the end of 2032. Can ALGO reach 100 dollars? At $100, Algorand’s market capitalization must rise above $700 billion from its current $1.2 billion. In comparison, Ethereum’s market capitalization is at $380 billion. Per our price prediction, Algorand is highly unlikely to reach $100. Is there a future for Algorand? Like most mega-altcoins, Algorand is trading at its lowest level this year. A break below 30 on the RSI will be crucial to sending it back to previous highs. Looking ahead, ALGO will register new all-time highs in the coming years. Is ALGO a good investment? Analysis by Intotheblock shows that over 80% of holders are in the red at the current price. The figure will likely drop lower in the short term. However, as our Cryptopolitan price prediction shows, this will change over the long term. Recent news Algorand jumped by more than 40% last week after being mentioned in a Google research paper, as post-quantum cryptography emerges as a new crypto narrative. ALGO price prediction April 2026 The Algorand network price forecast for April is a maximum price of $0.1310 and a minimum price of $0.0820. The average price for the month will be $0.1099. Month Potential low ($) Potential average ($) Potential high ($) April 0.0820 0.1099 0.1310 Algorand price prediction 2026 For 2026, ALGO’s price will range between $0.0845 and $0.2765. The average price for the period will be $0.1896. Year Potential low ($) Potential average ($) Potential high ($) 2026 0.0845 0.1896 0.2765 Algorand price prediction 2027-2032 Year Minimum price Average price Maximum price 2026 0.0845 0.1896 0.2765 2027 0.114 0.1325 0.1511 2028 0.2559 0.2942 0.3324 2029 0.5082 0.6325 0.7623 2030 0.2792 0.3324 0.3856 2031 0.3581 0.3979 0.4376 2032 0.5278 0.6067 0.6855 Algorand price prediction 2027 Algorand market price prediction climbs even higher into 2027. According to the prediction, Algo’s price will range from $0.1140 to $0.1511, with an average of $0.1325. Algorand coin price prediction 2028 Our analysis indicates a further acceleration in Algo’s price. It will trade between $0.2559 and $0.3324 and an average price of $0.2942. Algorand price prediction 2029 According to the 2029 Algorand forecast, the price of Algo will range from $0.5082 to $0.7623, with an average of $0.6325. Algo price prediction 2030 The Algo price prediction for 2030 is $0.2792-$0.3856, with an average of $0.3324. Algorand price prediction 2031 The Algorand price forecast for 2031 is a high of $0.4376. It will reach a minimum price of $0.3581 and an average price of $0.3979. Algorand Algo price prediction 2032 The year 2032 will also be bullish. Our analysis estimates a price range of $0.5278 to $0.6855, with an average price of $0.6067. Algorand price prediction 2026-2032 Algorand market price prediction: Analyst’s ALGO price forecast Platform 2026 2027 2028 Coincodex $0.09542 $0.09857 $0.08788 Gate.com $0.1165 $0.1281 $0.1384 Cryptopolitan Algorand price prediction Our predictions indicate that ALGO will achieve a high of $0.28 in 2026. In 2028, it will range between $0.26 and $0.33, with an average of $0.29. In 2030, it will range from $0.28 to $ 0.39, with an average price of $0.33. Note that the predictions are not investment advice. Seek independent professional consultation or do your research. Algorand price history Algorand price history by CoinGecko Algorand conducted its token sale in June 2019 at $2.40 per token. Union Square Ventures, Lemniscap, and NGC Ventures, among others, held earlier funding rounds. The public sale raised $60.40 million, while funding rounds raised $66 million. Token sale participants who held their tokens since launch are down 90%. Binance listed ALGO on 21 June 2019. According to CoinMarketCap data, it pumped after its listing, reaching an all-time high (ATH) of $3.28. ALGO later crashed; four months later, it was down 90% from its ATH. In July 2021, Coinbase listed the ALGO token. As a result, it gradually recovered, peaking at $0.64 in August. In retrospect, 2021 was the golden year for the crypto market. The emergence of NFTs, DeFi growth, and institutional interest drove growth. In 2021, it rose from a low of $0.32 in January to $2.30 in October, a 200% gain. Nothing prepared crypto enthusiasts for the 2023 crypto winter, which worsened with the FTX crash. The year closed with ALGO trading at $0.23. The decline continued through 2023, registering an all-time low at $0.0876 in September. The market’s recovery began in October. By the end of the year, it had risen above $0.2. It began recovering in November from a low of $0.12, reaching $0.61 in December. It then corrected into 2025 below the $0.40 mark in January and $0.35 in February. It crossed into October, trading at $0.22. The coin later nosedived, and by December, it had dropped to $0.14. It remained at this level into January 2026. It later turned bearish, dropping below $0.10 in March.
