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Crypto pundit Vivek has revealed that Bitcoin has entered a buy zone that led to parabolic rallies in the previous bull cycles. This comes as analysts predict that BTC risks dropping to the psychological $70,000 level, with the leading crypto showing weakness on lower timeframes. Bitcoin Enters Historic Buy Zone That Led To Parabolic Rallies In an X post, Vivek stated that Bitcoin has entered the best buy zone of this cycle, similar to the buy zones in the 2018 and 2022 bear cycles, just before BTC rallied 1,700% and 660%, respectively. The pundit declared that a parabolic rally is next, seeing as the same setup has appeared again. Related Reading: Analyst Compares This Bitcoin Bear Market To Previous Cycles To Show What’s Coming Next Bitcoin has entered this buy zone following its latest decline to the lower $70,000 range as the U.S. and Iran have yet to reach a peace deal. Crypto analyst Altcoin Sherpa stated that BTC isn’t giving him much confidence on the lower timeframes at this level. He added that he was hoping for a bounce, but the leading crypto is still likely to drop to $70,000 or even lower next. Bitcoin notably surged above $73,000 yesterday following President Donald Trump’s statement that the naval blockade at the Strait of Hormuz will be lifted. BTC also rose as the president said he was about to decide on the draft agreement between the U.S. and Iran. However, Trump failed to announce his final decision on the agreement. Iran has also confirmed that a draft agreement exists, but it has yet to ratify it. A potential deal between the U.S. and Iran is bullish for BTC and the broader crypto market as it will ease the inflationary pressures caused by the war. Analyst Reiterates Bear Market Thesis In an X post, crypto analyst Colin reiterated his bear market thesis for Bitcoin, noting that BTC has always dropped 77% or greater from peak to bear market bottom. He noted that a 70% drop would mean BTC could drop to $38,000 from its October high of $126,000. The analyst added that any bear market floor price above $40,000 would be quite bullish, as it would be better than prior bear market floors. Related Reading: Bitcoin’s Golden Ratio Multiplier Drops Low, And It’s Predicting A 50% Crash In another X post, he opined that the delayed impact of extremely low oil reserves may be what drags the Bitcoin price down later on. The analyst also predicted that the next S&P 500 local top is marked by an oil price breakout. Colin noted that it takes time for the effects of the U.S.-Iran war to trickle down and be felt by the everyday person. At the time of writing, the Bitcoin price is trading at around $73,300, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

The Bitcoin (BTC) price crash below $73,000 has brought renewed attention to key cycle indicators, with one metric now pointing to possible further downside. CryptoCon, a market analyst, says a shift in the Bitcoin Golden Ratio Multiplier is currently flashing bearish signals. He noted that the indicator has historically aligned with major price bottoms in past Bitcoin cycles. Based on that pattern, the current reading is now being interpreted as a warning that BTC could still face a deeper correction of up to 50% if the historical structure repeats. Bitcoin Golden Ratio Multiplier Signals 50% Price Crash In a recent post on X, CryptoCon warned that the market may still have more downside ahead, as key chart signals continue to point toward a deeper cycle bottom for Bitcoin . His analysis is based on the Golden Ratio Multiplier, a model used to identify major price peaks, bottoms, and extended market conditions. He noted that Bitcoin’s cycle bottom estimate has steadily declined as the bear market progresse s. According to him, the latest readings now place the expected bottom around $36,000, which would represent roughly a 51% drop from current levels above $73,000. He added that this shift shows the model is still adjusting as market conditions evolve. Sharing his chart, CryptoCon pointed to Level 1 of the model, currently aligned near $36,000. He stressed that this level has historically marked key cycle lows , including Bitcoin’s drop to $1.98 in November 2011, $181 in January 2015, $3,000 in December 2018, and $16,800 in June during the 2022 bear market . Because of this surprisingly accurate track record, Crypto Con continues to treat Bitcoin’s Golden Ratio Multiplier as one of the most reliable tools for mapping Bitcoin’s long-term cycle structure and bottom target. However, he acknowledged that while the metric is reliable, the Level 1 price can change over time as market conditions change. This means that Bitcoin’s target could still drift lower than $36,000 if weakness continues , further adjusting the projected cycle bottom. BTC’s Realized Market Cap Bottom Defines Range In his analysis, CryptoCon also compared the Golden Ratio Level 1 with Bitcoin’s Realized Market Cap bottom, which currently sits near $42,500. The Realized Market Cap bottom tracks the average price at which all BTC tokens were last moved on-chain and has historically aligned with major capitulation phases and bear market lows when the price approaches it. With the Golden Ratio Multiplier Level 1 at roughly $36,000 and the Realized Market Cap floor at $42,500, CryptoCon predicts that BTC’s likely cycle bottom will fall somewhere between the two targets. From current market prices above $73,000, a move into this bottom range would imply a decline of roughly 42% to 52%, depending on where BTC’s price ultimately settles.

A technical setup brewing on the bitcoin chart could decide which way the market breaks next, with the largest cryptocurrency sliding even as global equities hit record highs.

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As of mid-April 2026, the narrative surrounding Proof-of-Work (PoW) is undergoing a major rebranding. While Bitcoin remains the undisputed "Digital Gold," a new "Payments Hashpower" trade is emerging, focusing on assets that combine the security of PoW with the speed required for real-time settlement. With the 2026 G20 Payments Roadmap specifically highlighting "high-velocity mining networks" for cross-border experiments, Kaspa and Litecoin are being pulled into the spotlight. The question for the tape is simple: Are these assets starting a structural breakout as utility rails, or are they just higher-beta satellites destined to fade if Bitcoin’s dominance flattens? Kaspa (KAS): High‑Beta Rail In Early Repair Source: tradingview Kaspa is currently the "momentum horse" for the faster PoW thesis. Its BlockDAG architecture—now fully optimized in the 2026 "Rust+ Rewrite"—allows for near-instant confirmation times that have made it a favorite in recent sub-ten-dollar settlement pilots. Technical Verdict: The chart shows an early, reasonably healthy uptrend emerging from deeply depressed levels. At $0.0347, KAS is successfully trading above its 7-day ($0.0341) and 30-day ($0.0334) moving averages. The MACD line is clearly positive, suggesting this move has more substance than a simple news-driven spike. Near-Term Outlook: KAS is currently grinding toward its 200-day SMA ($0.042). Reclaiming that level would be the first major technical signal of a cycle shift. Until then, expect a wide trading band where the token outperforms on green days but remains sensitive to broader "risk-off" sentiment. Litecoin (LTC): The Mature Rail Seeking A New Spark Source: tradingview Litecoin remains the "Silver to Bitcoin’s Gold," but in 2026, it is increasingly viewed as the "Institutional Utility Rail." With MWEB (MimbleWimble) privacy features now standard across major Asian exchanges and its status as a top-3 asset on the PayPal-Venmo 2.0 checkout, LTC’s fundamental floor is arguably the strongest in the PoW sector. Technical Verdict: LTC is currently in a "sideways tilt" phase. At $55.07, it is essentially hugging its short-term averages. While the MACD has turned positive, indicating a recovery from earlier weakness, the RSI-14 at 51 shows a lack of aggressive buying pressure. It is behaving like a mature asset that tracks Bitcoin's health rather than a speculative front-runner. Near-Term Outlook: The path to a re-rating requires LTC to tackle the heavy resistance at its 200-day SMA ($74.01). Currently, it fits a "-20% to +30%" range candidate profile. It provides stability for institutional players, but it lacks the vertical torque currently seen in the Kaspa setup. Conclusion The "Payments Hashpower" trade is technically a split-velocity market. Kaspa (KAS) is the clear beta play for those looking to front-run the settlement pilot narrative; its chart is already responding with an early uptrend and positive momentum. Litecoin (LTC) is the deeper, more liquid anchor that provides a safer way to express the theme without the extreme volatility of a 90% drawdown recovery. For this to turn into a sustained bull leg, we need to see both assets reclaim their 200-day moving averages on high volume. Until that happens, they remain high-quality range-trade candidates that will likely participate in any Bitcoin-led rally but struggle to decouple entirely. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Geopolitical tensions and US data shape trends for Bitcoin, gold, and other assets. Markets await inflation figures and key diplomatic meetings in the Middle East. Continue Reading: Global markets focus on geopolitical tensions and US inflation data amid uncertainty The post Global markets focus on geopolitical tensions and US inflation data amid uncertainty appeared first on COINTURK NEWS .