Invest ideasNews
6 Apr 2026, 15:00
Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000
The Bitcoin price has surged back above $69,000 after experiencing a major decline last week. While the price appears to be rebounding from the downtrend, a market analyst has warned that the BTC could still face another price crash. After projecting its decline from above $100,000, the analyst now forecasts a price plunge to $29,000, likely marking Bitcoin’s final bottom. Bitcoin Price Faces Possible Crash To $29,000 Market expert LavaXBT has shared two possible scenarios for Bitcoin’s next move. However, the analyst appears to be leaning more bearish, projecting that BTC could fall again, hitting levels not seen in years. In his “macro update,” shared on X, the analyst predicts that Bitcoin could first decline to $45,000 before plunging toward a possible price floor around $29,000, as shown on the chart. Related Reading: XRP Analyst Reveals Why The Altcoin Is Set To Hit $27 LavaXBT noted that his previous thesis for the first quarter of 2026 did not play out as expected, despite most technical indicators aligning. He attributed this deviation to a lack of trading volume and the ongoing geopolitical tensions affecting the market. Recently, financial markets have been experiencing significant volatility as investors’ fear grow amid the US-Iran war. While Bitcoin appears resilient, the conflict and reduced confidence could still put significant pressure on its price. Given the analyst’s bearish outlook, he plans to short Bitcoin if its price jumps back up to $73,000, $78,000, and possibly $80,000. He emphasized that the current environment is not ideal for trading, given Bitcoin’s low volume and how unpredictable its price action has become. Also, LavaXBT believes that a decline in Bitcoin could affect the broader altcoin market. He predicts that if BTC crashes to $29,000, then altcoins will likely fall harder. He also expects most altcoins to return to their 2022 crash prices or drop even lower. As a result, the analyst has warned against buying altcoins at random levels. Rather, he suggests that traders and investors should wait for Bitcoin to hit strong support levels before considering accumulating altcoins. He highlighted the importance of patience, noting that he would wait and focus on higher opportunities as the Bitcoin price navigates the current bear market. Related Reading: Pundit Predicts How Long It Will Take For The XRP Price To Reach $20 Analyst Highlights BTC’s Possible Upside While he projects that Bitcoin could fall to $29,000, which is a more than 58% decline below its current price of over $69,000, LavaXBT has also outlined the potential for a strong upside. In his price chart, the analyst noted that the likelihood of Bitcoin reaching an all-time high in this cycle would only increase when it reclaimed the swing high around $93,000. Once Bitcoin exceeds this resistance zone, LavaXBT noted that the cryptocurrency must close above $120,000 before it can confirm its uptrend and establish higher highs. If this happens, he believes the target for the next macro upswing is around $160,000, exceeding BTC’s current all-time high of $126,000 by roughly 27%. Featured image created with Dall.E, chart from Tradingview.com
6 Apr 2026, 15:00
Solana RWA holders jump 440% YoY – Can it bridge gap to Ethereum’s XAUT?
Solana faces the challenge of turning surging RWA adoption into Treasury confidence while competing with Ethereum’s dominance in tokenized gold.
6 Apr 2026, 14:52
IMF Warns Tokenized Finance, Stablecoins Could Amplify Financial Crises
Tokenization moves settlement to machine speed, outpacing the tools regulators use today, the International Monetary Fund said.
6 Apr 2026, 14:50
Binance Compliance Staff Leave Financial Crime, Monitoring Roles
When Binance pleaded guilty to US sanctions and anti-money-laundering violations in late 2023, rebuilding its compliance operation was key to the deal. The exchange had earlier that year hired Noah Perlman, a former assistant US attorney, as chief compliance officer, to lead teams handling sanctions enforcement, financial crime monitoring and investigations.
6 Apr 2026, 14:42
Strategy books $14.46 billion unrealized Bitcoin loss but moves ahead with new acquisitions
Strategy reported a $14.46 billion unrealized Bitcoin loss but gained a $2.42 billion tax benefit. The company increased its Bitcoin holdings to 766,970 coins, now worth approximately $53 billion. Continue Reading: Strategy books $14.46 billion unrealized Bitcoin loss but moves ahead with new acquisitions The post Strategy books $14.46 billion unrealized Bitcoin loss but moves ahead with new acquisitions appeared first on COINTURK NEWS .
6 Apr 2026, 14:39
MSTR Stock Forecast as Strategy Restarts BTC Buys With 4,871 Bitcoin April Purchase
Michael Saylor-led Strategy has resumed its Bitcoin buying after adding 4,871 BTC for about $329.9 million. The purchase was disclosed on April 6 and covered transactions made between April 1 and April 5. The company paid an average of $67,718 per Bitcoin, according to its filing . The latest purchase lifted Strategy’s total Bitcoin holdings to 766,970 BTC. The company said it acquired that position for about $58.02 billion in total, with its average cost basis now standing at $75,644 per coin. The update also drew attention to MSTR stock, which rose in premarket trading after the disclosure. TradingView data cited in reports showed the stock moving from about $120 to $125 before the open. That placed the stock up more than 4% on the day, although it remained down more than 22% for the year. Strategy Restarts Bitcoin Buying After a Quiet Week The new purchase followed a week in which Strategy reported no Bitcoin buying. That pause ended with a fresh round of accumulation that kept the company’s treasury policy unchanged. Strategy continues to treat Bitcoin as its main reserve asset and has maintained that approach through recent price swings. At recent Bitcoin prices near $69,500, the company remains below its aggregate cost basis. That means the market value of its holdings still trails the average price paid across the full position. Even so, the company continued buying and expanded its holdings further. Strategy’s Bitcoin balance now accounts for a large share of the total supply in circulation. Bernstein analysts said last week that the company holds about 3.6% of total Bitcoin supply. They also repeated a $150,000 year-end Bitcoin price target and pointed to ETF inflows and corporate demand. Capital Raising Continues to Fund the Bitcoin Strategy Strategy funded the latest purchase through its at-the-market equity programs. The company raised about $227.3 million through sales of its variable-rate Series A perpetual Stretch preferred stock, known as STRC, in late March. It added another $102.6 million in early April and also raised $72 million from Class A common stock sales during the same period. STRC is designed to trade near a $100 par value and pays an adjustable monthly dividend. The structure gives Strategy another way to raise capital from income-focused investors while continuing to build its Bitcoin position. The company has increasingly relied on that model as part of its broader financing plan. That approach remains central to the Strategy story and also shapes the outlook for MSTR stock. Investors in the stock continue to track both Bitcoin price direction and the company’s ability to access capital markets. Reports also said Strategy expanded its fundraising capacity with support from major Wall Street firms, giving it room for further stock and preferred share offerings. Strategy Unrealized Losses Amid Criticism For the quarter ended March 31, 2026, Strategy reported a $14.46 billion unrealized loss on its digital asset holdings. The company also recorded a $2.42 billion deferred tax benefit, which partly offset that figure. Its reported carrying value for the Bitcoin portfolio was $51.65 billion. Management also said more valuation allowances tied to deferred tax assets from the software business may still be required. The latest purchase shows that management is still adding Bitcoin during periods of price weakness or uncertainty. This purchase comes as Peter Schiff renews his criticism of Bitcoin especially with Strategy’s regular buys. He argued that Bitcoin’s five-year return trails gold, silver, and major equity indexes, and he used that comparison to challenge its role as a long-term store of value. Michael Saylor pushed back by using a different performance window starting in August 2020. He said Bitcoin still leads major assets on that basis. The exchange turned attention back to MSTR, which remains closely tied to Saylor’s Bitcoin strategy and investor demand for corporate Bitcoin exposure. Schiff also questioned whether MSTR’s stock gains reflect Bitcoin strength alone. He argued that investors are paying a premium for Strategy’s ongoing ability to issue stock and preferred shares and use that capital to acquire more Bitcoin with its target to hit 1,000,000 coins.
