hodler

27 Mar 2026, 00:30

Bitcoin And Ethereum Outlook: Too Soon For A Crypto Bounce

Summary While cryptos offer diversification from traditional asset movements, they are also highly sensitive to the gravity of risk aversion. After failing to hold above the quintessential $75,000 milestone, pressured by a heavier FOMC, Bitcoin is now forming a clear Head and Shoulders (H&S) pattern. Ethereum is also forming a head and shoulders pattern in recent action, pointing to an almost precise test of the $1,750 major support (which acted as the bottom last time it was reached). By Elior Manier It is a year of pump fakes for all asset classes, and cryptocurrencies could not sustain the pressure. Just last week, one could have imagined that cryptos were isolated from the anxiety-dampening global assets – but it was too soon to assume that things were going to be so simple. Markets are intercorrelated, and depending on where they stand on the risk spectrum, assets can react differently to pessimistic events. And the bearish turn that has taken over markets since the rise of inflationary fears has swept virtually everything on the risk spectrum, from safe havens (as seen in bonds and metals) to riskier equities and cryptocurrency markets. When the common denominator, the US dollar, shines, everything hurts. With crude and general energy prices increasingly pressuring all sides of the global economy, it is difficult to find a sustainable hedge. While cryptos offer diversification from traditional asset movements, they are also highly sensitive to the gravity of risk aversion. Bitcoin ( BTC-USD ) attempted to push above its $75,000 major psychological level shortly after the 20 million BTC issuance , but also dragged the entire asset class down when it failed to form a breakout above. The issue with today's session, particularly, is that selloffs are gripping higher-beta assets even harder, as seen in the Nasdaq's 2% plunge, and altcoins just can't resist. Uncertainty should drag on into at least tomorrow and, most probably, also towards the weekend. At least crypto markets aren't closed over the weekend, so if the Trump Administration really attempts to end the war, they will be the first to react. The harder part, however, is that weekend moves, if anything happens during that time, tend to see the largest corrections . Current Session in Cryptos – March 26, 2026 (14:30). Source: FInviz As traders brace for uncertain days ahead, let's dive right into the intraday charts with technical levels for Bitcoin and Ethereum ( ETH-USD ). Are there interesting spots to trade cryptos in the event of volatility spikes over the coming days? Let's discover this now. Bitcoin (BTC) 4H Chart and Technical Levels Bitcoin (BTC) 4H Chart, March 26, 2026 – Source: TradingView After failing to hold above the quintessential $75,000 milestone, pressured by a heavier FOMC, Bitcoin is now forming a clear Head and Shoulders (H&S) pattern. There is still a possibility that better news will prevent the pattern from unfolding, but the price action is not on the bull side for now – at least, it may allow to buy some dips. Reactions when we get there will be necessary to estimate if this is indeed a good opportunity, but a return to $60,000-61,000 (H&S target), would mark a triple bottom and potentially provide another opportunity to buy a dip. Keep in mind that a longer-term H&S pointed towards $55,000, so make sure to stagger entries in the event of wider corrections. Levels of interest for BTC trading: Support Levels: $70,000 short-term momentum pivot (50 and 200-4H MA) $60,000 to $63,000 main 2024 support (H&S target ~$61,500) $59,935 February lows $52,000 to $58,000 next support and 200-week MA ($55,000 mid-point) $40,000 mid-2024 breakout support Resistance Levels: $70,000 short-term momentum pivot (50 and 200-4H MA) March highs: $76,003 (pre-FOMC highs) $75,000 key long-term pivot (acting as resistance) $80,000 to $83,000 mini resistance (50-day MA) $90,000 to $95,000 pivotal resistance Current ATH resistance: $124,000 to $126,000 Ethereum (ETH) 4H Chart and Technical Levels Ethereum (ETH) 4H Chart, March 26, 2026– Source: TradingView Ethereum is also forming a head and shoulders pattern in recent action, pointing to an almost precise test of the $1,750 major support (which acted as the bottom last time it was reached). To confirm the fall, look for a break and 4H close below the $2,000 mini support; for those only looking for entries, placing orders around the double bottom could be wise. Keep in mind that ETH is also evolving within a bear channel, which sees its bottom around $1,580 in case the selloff extends. Levels of interest for ETH trading: Support Levels: Mini support: $2,000 $1,700 to $1,800 pre-bounce 2025 key support (testing) $1,744 February 6 lows (H&S target) $1,380 to $1,500 2025 support 2025 lows: $1,384 Resistance Levels: March highs: $2,385 (testing) $2,100 to $2,300 June war support now a key pivot $2,500 to $2,700 June 2025 key support now resistance (channel highs) $3,000 to $3,200 pivotal resistance (test of the $3,000) $4,950 current new all-time highs Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.

27 Mar 2026, 00:25

Bitcoin Technical Analysis: Veteran Trader Peter Brandt Issues Critical Sell Signal on Rising Wedge Pattern

BitcoinWorld Bitcoin Technical Analysis: Veteran Trader Peter Brandt Issues Critical Sell Signal on Rising Wedge Pattern Veteran trader Peter Brandt has issued a significant technical warning for Bitcoin, identifying a classic chart pattern that historically signals potential trend reversals. On the social media platform X, Brandt highlighted the formation of a rising wedge structure on Bitcoin’s price chart, a development he explicitly described as a sell signal. This analysis, coming from a figure with over five decades of market experience, immediately captured the attention of the global cryptocurrency trading community. Consequently, market participants are now closely monitoring the identified $65,000 support level for signs of a confirmed breakdown. Bitcoin Technical Analysis Reveals Rising Wedge Pattern Technical analysis involves the study of historical price charts to forecast future market movements. Furthermore, chart patterns like the rising wedge serve as visual representations of market psychology. A rising wedge specifically forms when an asset’s price makes higher highs and higher lows, but the converging trend lines slope upward. Importantly, this pattern typically develops during a prolonged uptrend. Traders widely interpret its completion, marked by a breakdown below the lower trend line, as a strong indication of bearish momentum. Therefore, Brandt’s identification of this structure on Bitcoin’s chart carries substantial weight for market sentiment. Understanding the Mechanics of a Rising Wedge The rising wedge pattern functions as a bearish reversal signal. Although the price continues to climb, the narrowing range between the highs and lows suggests weakening bullish conviction. Essentially, each successive push higher requires more effort but yields diminishing returns. This dynamic often creates a “coiling” effect before a decisive directional move. For Bitcoin, Brandt pinpointed the convergence point of these trend lines as a critical juncture. The pattern’s reliability stems from its frequent appearance at market tops across various asset classes, including equities, commodities, and cryptocurrencies. The Significance of Peter Brandt’s Market Perspective Peter Brandt brings unparalleled experience to his chart analysis. As a principal of Factor LLC and the author of “The Diary of a Professional Commodity Trader,” Brandt has navigated numerous market cycles since the 1970s. He famously identified major trends in commodities like the 1980s grain bull market. Moreover, his public analysis of Bitcoin dates back years, where he has correctly called several major parabolic advances and subsequent corrections. His methodology relies heavily on classical charting principles developed by pioneers like Richard Schabacker and Robert Edwards. This long-term, disciplined approach provides crucial context for his current Bitcoin assessment, separating it from short-term social media speculation. Historical Context of Chart Patterns in Cryptocurrency Markets Chart patterns are not new to Bitcoin’s volatile history. For instance, the market observed similar technical formations before the major corrections in 2018 and 2021. During the 2021 bull market peak near $69,000, several analysts flagged bearish divergence and topping patterns. The current market structure, however, presents unique challenges. Bitcoin now trades within a global macroeconomic framework of potential interest rate shifts and evolving regulatory landscapes. These external factors can amplify or negate purely technical signals. Comparing the current wedge to past instances requires adjusting for increased institutional adoption and the maturation of Bitcoin’s market structure since earlier cycles. The Critical $65,000 Support Level Explained Brandt specifically identified the $65,000 price zone as a key support line for Bitcoin. In technical terms, a support level represents a price point where buying interest is historically strong enough to halt a decline. The $65,000 area has acted as both resistance and support multiple times throughout 2024 and early 2025. A sustained break below this level, especially on high trading volume, would validate the rising wedge’s bearish prediction. Such a breakdown could trigger automated sell orders from algorithmic trading systems and prompt reassessments by large institutional holders. Therefore, this level serves as a concrete line in the sand for traders heeding Brandt’s analysis. Broader Market Impact and Trader Sentiment The announcement immediately influenced derivatives and spot market activity. Options traders began adjusting their positions, with increased demand for put options at the $65,000 strike price. Meanwhile, funding rates in perpetual swap markets showed subtle shifts. It is crucial to note that not all analysts share Brandt’s bearish interpretation. Some counter that Bitcoin’s fundamental drivers, like the continued adoption by nation-states and corporations as a treasury asset, outweigh short-term technical signals. The market often experiences a clash between on-chain fundamentals, which remain strong, and near-term technical pressures highlighted by patterns like the rising wedge. Key factors traders are monitoring include: Volume Profile: Declining volume during the wedge’s formation strengthens the bearish case. On-Chain Data: Exchange flows and holder behavior provide fundamental context. Macro Correlations: Bitcoin’s sensitivity to U.S. dollar strength and equity markets. Timeframe: The pattern’s validity depends on the chart timeframe (daily, weekly). Conclusion Peter Brandt’s identification of a rising wedge pattern presents a critical juncture for Bitcoin technical analysis. His decades of experience lend significant authority to the sell signal derived from this classic chart formation. The entire cryptocurrency market now watches the $65,000 support level for confirmation. While technical patterns provide a framework for probability, they do not guarantee outcomes in a market influenced by complex fundamentals and macro forces. Ultimately, Brandt’s analysis serves as a vital risk management reminder for all market participants, emphasizing the importance of disciplined chart reading alongside a comprehensive understanding of the broader digital asset landscape. FAQs Q1: What is a rising wedge pattern in technical analysis? A rising wedge is a bearish chart pattern characterized by upward-sloping and converging trend lines. It signals a potential trend reversal from bullish to bearish, especially when it forms after a sustained uptrend, indicating weakening momentum. Q2: Why is Peter Brandt’s analysis considered significant? Peter Brandt is a veteran trader with over 50 years of experience in commodity and financial markets. His long-term track record and adherence to classical charting principles give his technical assessments substantial credibility among professional traders. Q3: What happens if Bitcoin breaks below the $65,000 support level? A confirmed break below $65,000, particularly on high volume, would validate the rising wedge’s bearish prediction. This could trigger further selling pressure, with the next major support levels likely becoming the focus for traders and analysts. Q4: Can fundamental factors override a technical sell signal? Yes, fundamental developments such as major institutional adoption, regulatory clarity, or macroeconomic shifts can override near-term technical signals. Markets often weigh technical patterns against underlying fundamentals like network adoption and hash rate. Q5: How should traders use this kind of technical analysis? Traders should use technical analysis like the rising wedge as one tool within a broader risk management strategy. It is best combined with fundamental analysis, market sentiment indicators, and strict position-sizing rules, not as a standalone signal for action. This post Bitcoin Technical Analysis: Veteran Trader Peter Brandt Issues Critical Sell Signal on Rising Wedge Pattern first appeared on BitcoinWorld .

27 Mar 2026, 00:19

GameStop didn't sell its 4,710 Bitcoin after all, filing shows

GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on Coinbase as part of a covered-call strategy.

27 Mar 2026, 00:05

GBP/JPY Price Forecast: Critical 213.00 Resistance Holds as Ominous Bearish Flag Emerges

BitcoinWorld GBP/JPY Price Forecast: Critical 213.00 Resistance Holds as Ominous Bearish Flag Emerges The GBP/JPY currency pair faces a crucial technical test in early 2025 trading, stalling decisively at the psychologically significant 213.00 resistance level. Meanwhile, chart patterns reveal a potentially ominous development for bullish traders as a bearish flag formation takes shape on daily timeframes. This technical setup occurs against a complex macroeconomic backdrop involving divergent central bank policies between the Bank of England and Bank of Japan. GBP/JPY Technical Analysis at Critical Juncture Forex traders globally monitor the 213.00 level with heightened attention following repeated rejection patterns. The British pound to Japanese yen exchange rate has tested this barrier multiple times throughout March 2025 without establishing a sustained breakout. Consequently, each failure to breach this resistance has increased selling pressure during subsequent retests. Technical analysts note that the 213.00 level previously served as both support and resistance during 2024’s volatile trading sessions. Market participants now observe several concerning technical developments. First, the pair’s momentum indicators show clear divergence from price action. Second, trading volume has diminished during recent upward moves toward resistance. Third, the 50-day moving average has begun flattening after months of consistent upward trajectory. These factors collectively suggest weakening bullish conviction at current price levels. Bearish Flag Pattern Emergence and Implications The emerging bearish flag pattern represents a continuation formation typically preceding further declines. This technical structure consists of two distinct components: a sharp downward move (the flagpole) followed by a period of consolidation with a slight upward bias (the flag). The current GBP/JPY chart exhibits both characteristics following January’s significant correction from 215.50 to 209.80. Technical analysts measure bearish flag patterns to project potential price targets. The traditional measurement technique involves calculating the flagpole’s height and projecting that distance downward from the flag’s breakdown point. For GBP/JPY, this calculation suggests a potential decline toward the 205.00-206.00 support zone should the pattern complete. However, traders await confirmation through a decisive break below the flag’s lower boundary. Key Support and Resistance Levels for Traders Several critical price levels warrant monitoring in coming sessions. Resistance clearly clusters around the 213.00-213.50 region where multiple technical factors converge. Immediate support resides near 211.20, corresponding to the 38.2% Fibonacci retracement of the recent rally. A break below this level would likely accelerate selling pressure toward the more substantial 209.80 support, which represents the March 2025 low. Longer-term support zones include: 208.50: 200-day moving average and psychological level 206.80: 61.8% Fibonacci retracement of 2024-2025 advance 205.00: Previous consolidation zone from Q4 2024 Fundamental Drivers Behind GBP/JPY Price Action Beyond technical patterns, fundamental factors significantly influence GBP/JPY dynamics. The Bank of England maintains a relatively hawkish stance compared to global peers, with inflation concerns persisting despite economic slowdown signals. Conversely, the Bank of Japan continues its ultra-accommodative monetary policy framework, though market participants increasingly anticipate potential normalization steps later in 2025. Interest rate differentials between British and Japanese government bonds remain a primary driver for the currency pair. The 10-year yield spread currently favors sterling by approximately 350 basis points, providing underlying support for GBP/JPY during risk-on market environments. However, narrowing spreads during periods of global risk aversion typically pressure the pair lower as carry trade unwinding accelerates. Historical Context and Pattern Reliability Bearish flag patterns have demonstrated varying reliability across different market conditions for GBP/JPY. Historical analysis reveals that these formations proved particularly effective during periods of monetary policy divergence between 2013-2015 and 2022-2023. During those epochs, bearish flags accurately predicted continuation moves approximately 68% of the time according to quantitative research from major investment banks. The current macroeconomic environment shares similarities with both historical periods. Central bank policy divergence remains pronounced, while global growth concerns create volatility in risk-sensitive currency pairs. Additionally, geopolitical tensions in Eastern Europe and Asia contribute to safe-haven flows that typically benefit the Japanese yen during periods of market stress. Risk Management Considerations for Traders Professional traders emphasize several risk management principles when trading potential bearish flag breakdowns. Position sizing should account for the pair’s historical volatility, which averages approximately 90-110 pips daily. Stop-loss placement above the flag’s upper boundary provides logical risk definition, while profit targets should align with measured move projections and key support levels. Trading psychology becomes particularly important during potential breakdown scenarios. Confirmation through both price action and volume remains essential before committing to directional positions. False breakdowns occur frequently in major currency pairs, especially around psychologically significant round numbers like 213.00. Therefore, many institutional traders await closing prices below support levels rather than intraday breaks. Conclusion The GBP/JPY price forecast remains cautiously bearish while the pair consolidates below the critical 213.00 resistance level. The emerging bearish flag pattern suggests potential for further declines should technical support levels fail to hold. Traders should monitor both technical breakdown signals and fundamental developments from the Bank of England and Bank of Japan. The 211.20 support represents the immediate line in the sand, with a breach potentially accelerating moves toward the 209.80 March low. Ultimately, the GBP/JPY technical outlook depends on whether bulls can muster sufficient momentum to overcome the formidable 213.00 barrier or whether bears will capitalize on the deteriorating chart structure. FAQs Q1: What exactly is a bearish flag pattern in technical analysis? A bearish flag pattern represents a continuation formation that typically occurs after a sharp downward move. It consists of a brief consolidation period with slight upward bias before the prevailing downtrend resumes. Technical analysts consider it a reliable pattern when confirmed by volume and momentum indicators. Q2: Why is the 213.00 level so significant for GBP/JPY? The 213.00 level represents a major psychological round number that has served as both support and resistance throughout 2024 and early 2025. Multiple technical factors converge at this price, including Fibonacci retracement levels, previous swing highs and lows, and moving average clusters. Q3: How do interest rate differentials affect GBP/JPY pricing? Interest rate differentials between British and Japanese government bonds significantly influence GBP/JPY valuation. Wider spreads typically support the pair as carry traders seek yield advantage, while narrowing spreads often pressure GBP/JPY lower as these positions unwind. Q4: What fundamental factors could invalidate the bearish technical outlook? A more hawkish shift from the Bank of Japan or unexpectedly dovish communication from the Bank of England could undermine bearish technical patterns. Additionally, improved global risk sentiment typically benefits GBP/JPY as carry trades become more attractive. Q5: What timeframes are most relevant for analyzing this bearish flag pattern? Daily and 4-hour charts provide the clearest visualization of the emerging bearish flag pattern. However, traders should monitor multiple timeframes for confirmation, with weekly charts providing broader context and hourly charts offering precise entry and exit timing. This post GBP/JPY Price Forecast: Critical 213.00 Resistance Holds as Ominous Bearish Flag Emerges first appeared on BitcoinWorld .

27 Mar 2026, 00:01

Bitcoin (BTC) Lost $70,000: What's Next? Is ChainLink (LINK) Hiding $10 Potential? XRP Aims at $1.2 Once Again: Crypto Market Review

The market is taking a plunge after Bitcoin's unsuccessful attempt to hold the $70,000 level.

27 Mar 2026, 00:00

Shiba Inu Holders Surge amidst Declining SHIB Exchange Supply

Shiba Inu’s latest on-chain metrics point to steady ecosystem growth, even as price performance remains relatively subdued. Recent data indicate that user participation continues to increase, while a shift in asset storage behavior suggests a growing preference for long-term holding among investors. Rising Participation Across the Network Recent figures from @Shibizens, a Shibarium ecosystem X account, show the token’s on-chain activity as of March 2025. According to the update, the total number of wallets holding SHIB has reached 1,558,200. This milestone reflects a consistent increase in adoption, supported by the addition of thousands of new addresses each month. Over the last month alone, roughly 8,500 wallets were created, reinforcing a broader trend of gradual but sustained growth. Monthly additions reportedly range between 5,000 and 12,000 new participants, indicating that retail interest remains active despite broader market conditions. SHIB On-Chain Update | Holder Growth 1,558,200 holders. Verified Metrics (March 25, 2026) +8,500 wallets monthly Steady growth Top 10: 62.65% Burn wallet + exchanges + large holders 78% long-term holders 1+ year ~80.9T SHIB on exchanges Declining What’s… pic.twitter.com/7ahPMN0GBb — Shibarium | SHIB.IO (@Shibizens) March 25, 2026 Concentration of Supply Among Large Holders Despite the increase in wallet addresses, ownership distribution remains heavily concentrated. Data shows that the top 10 wallets collectively hold 62.65% of the total supply. A substantial portion of this is attributed to the burn wallet, which contains over 410 trillion SHIB, accounting for approximately 41% of all tokens. Other major holders include centralized exchange platforms. On-chain records from Etherscan identify entities such as Upbit, Robinhood, Binance, Crypto.com, Bithumb, and OKX among the largest holders, primarily due to custodial holdings on behalf of users. Long-Term Holding Trends and Exchange Outflows Investor behavior suggests a strong inclination toward long-term retention. Approximately 78% of SHIB holders have maintained their positions for over one year, indicating a preference for extended holding periods rather than short-term trading strategies. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 At the same time, the volume of SHIB held on exchanges is gradually declining. Current estimates place exchange reserves at around 80.9 trillion tokens, with a noticeable downward trend over time. This movement implies that holders are transferring assets away from trading platforms into private wallets, reducing immediate selling pressure and reinforcing long-term positioning. Supply Reduction and Network Activity Another important factor influencing the ecosystem is the ongoing reduction in circulating supply. To date, approximately 410 trillion SHIB tokens have been permanently removed from circulation through burn mechanisms. This decrease in available supply has implications for long-term scarcity. Additionally, network activity has shown modest improvement, suggesting that wallets are not entirely inactive. While price action has not reflected significant upward momentum, underlying engagement within the network appears stable. The latest on-chain data presents a picture of gradual but consistent development within the Shiba Inu ecosystem. Increasing participation, a high proportion of long-term holders, and declining exchange balances collectively indicate a shift toward sustained engagement rather than speculative trading. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Shiba Inu Holders Surge amidst Declining SHIB Exchange Supply appeared first on Times Tabloid .