Opinion: If BTC breaks through $76,000 and ETH breaks through $2,400, a trend reversal may occur.

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Mars Finance News, April 12 — According to Cointelegraph, macro investor Jordi Visser stated that the key price levels that may signal a trend reversal for Bitcoin and Ethereum are not far off, despite increasing industry opinions that the market has entered a bear cycle. He said: “If Bitcoin breaks above $76,000 and Ethereum surpasses $2,400, I believe this will mark the beginning of a sustainable rally this year because I don’t think a recession will occur.” Visser also said: “I believe inflation will remain high, and people will need to find profitable assets in a world where the S&P 500 shows no gains.” The market forecast on Kalshi currently prices in a 24% chance of a recession in 2026, down 10 percentage points over the past 30 days. Visser’s view contrasts with the increasingly pessimistic outlook within the crypto industry—some even expect Bitcoin to fall below the intra-year low of $60,000 set on February 6. Senior trader Peter Brandt stated on March 31 that Bitcoin might retest or even “slightly below” that price level in September or October this year, which would be the low point of this bear market.

BTC-1.84%
ETH-1.56%
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