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CryptoQuant Places Bitcoin Bear Market Bottom at $55,000 as Key Indicators Show Extended Correction Ahead

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CryptoQuant Places Bitcoin Bear Market Bottom at $55,000 as Key Indicators Show Extended Correction Ahead

TLDR:

  • Bitcoin trades 25% above its realized price of $55,000, which historically marks bear market bottoms
  • February 5 sell-off triggered $5.4 billion in daily losses, the largest since March 2023’s $5.8 billion event
  • Monthly realized losses at 0.3 million BTC remain far below 2022 bear market bottom of 1.1 million BTC
  • Long-term holders selling near breakeven versus 30-40% losses typical at previous bear market cycle lows

 

Bitcoin’s bear market floor sits around $55,000, according to blockchain analytics platform CryptoQuant. The firm’s latest assessment suggests the cryptocurrency remains more than 25% above this critical support level.

CryptoQuant analysts note that bear market bottoms require several months to establish rather than forming through sudden capitulation events.

This analysis comes as Bitcoin trades significantly higher than key historical support zones that marked previous cycle lows.

Realized Price Indicates Extended Bottoming Process

The realized price metric serves as CryptoQuant’s primary indicator for determining Bitcoin’s potential bottom. This measure calculates the average price at which all coins last moved on the blockchain.

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Historical data shows this metric provided strong support during past bear markets. Current trading prices remain elevated compared to this threshold, suggesting additional downside potential exists.

Previous bear cycles demonstrated distinct patterns when Bitcoin approached these levels. During the 2018 downturn, prices dropped 30% below the realized price before stabilizing.

The FTX collapse in 2022 pushed Bitcoin 24% beneath this metric. After reaching these depths, the cryptocurrency spent between four and six months building a foundation before recovery began.

Recent market volatility has not yet pushed Bitcoin into the extreme zones that characterize true bottoms. On February 5, the asset experienced a 14% decline to $62,000, triggering $5.4 billion in realized losses.

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This marked the largest single-day loss realization since March 2023, when holders crystallized $5.8 billion in losses. The figure also exceeded the $4.3 billion recorded shortly after the FTX exchange collapsed.

Despite these substantial losses, CryptoQuant maintains that a structural bottom has not materialized. Monthly cumulative realized losses currently stand at 0.3 million BTC, well below the 1.1 million BTC observed at the end of the 2022 bear market. This disparity suggests selling pressure has not reached the intensity associated with cycle lows.

Source: Cryptoquant

Multiple Indicators Show Market Remains Above Capitulation Levels

The MVRV ratio, which compares market value to realized value, has not entered extreme undervaluation territory. This metric historically signals bear market bottoms when reaching deeply depressed levels.

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Current readings indicate Bitcoin trades above the ranges that marked previous cycle nadirs. Similarly, the Net Unrealized Profit and Loss metric has not declined to the 20% unrealized loss threshold observed at past bottoms.

Long-term holder behavior provides additional evidence that full capitulation has not occurred. These investors currently sell positions near breakeven prices.

During previous bear market conclusions, long-term holders typically absorbed losses between 30% and 40% before markets reversed. This behavioral difference suggests conviction remains higher than at historical turning points.

Approximately 55% of Bitcoin’s circulating supply remains profitable at current prices. This contrasts with the 45% to 50% range typically observed at cycle lows.

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The elevated proportion of profitable holdings indicates many investors entered positions at lower prices and maintain paper gains. Bear market bottoms usually feature a higher percentage of underwater positions across the holder base.

CryptoQuant’s Bull-Bear Market Cycle Indicator remains in the Bear Phase rather than advancing to the Extreme Bear Phase. The latter designation historically marks the beginning of extended bottoming periods.

These extreme phases typically persist for several months, reinforcing the firm’s assessment that bear markets require time to resolve.

Standard Chartered recently adjusted its outlook, projecting Bitcoin could test $50,000 before recovering later this year.

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Genius Group sells entire Bitcoin treasury in Q1 as debt repayment takes priority

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Microsoft stock plunges 11% as Bitcoin traders seek refuge amid broader tech selloff

AI-powered Genius Group has sold off its remaining Bitcoin holdings in the first quarter to pay down debt.

Summary

  • Genius Group sold its remaining Bitcoin in Q1 to repay debt, stepping back from its earlier commitment to hold the majority of reserves in BTC.
  • The company reported a turnaround in performance, with revenue reaching $3.3 million and net profit at $2.7 million after a loss a year earlier.

According to an April 1 press release, the company said it will “recommence building its Bitcoin Treasury when it believes market conditions are more favorable,” outlining that the exit is tied to timing rather than a full departure from its digital asset strategy.

The firm first committed to a “Bitcoin first” approach back in November 2024, stating that 90% or more of its reserves would be held in BTC. The latest move marks a break from that position as liquidity needs took priority.

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Genius Group reported holding 84 BTC, valued at about $5.7 million, as of March 2026. Its Bitcoin balance had been declining since April 2025, when a US court temporarily blocked treasury expansion. The company resumed purchases in June, but the latest sale has now reduced its holdings to zero, according to data from Bitcoin Treasuries.

Revenue for the quarter rose 171% year-on-year to $3.3 million, while gross profit increased 228% to $2 million. A $500,000 operating loss recorded in Q1 2025 turned into a $2.7 million net profit in Q1 2026.

Similar decisions have surfaced across the sector as companies adjust balance sheets.

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MARA Holdings sold 15,133 BTC in March for roughly $1.1 billion, reducing its treasury to 38,689 BTC and pushing it down to the third-largest corporate holder. The bulk of the proceeds went toward repurchasing about $1 billion in convertible senior notes, with the remainder allocated to general corporate use.

Similarly, mining company Bitdeer liquidated its entire 943 BTC balance in February and also sold newly mined coins, reducing its corporate holdings to zero. Among other firms, Cango Inc. sold 4,451 BTC to cut exposure, while GD Culture Group approved the sale of part of its 7,500 BTC reserve.

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3 Made In USA Coins To Watch In April 2026

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The CLARITY Act’s Senate Banking Committee markup could find a direction in April, and three Made in USA coins are approaching technical inflection points that could determine their direction for the month.

BeInCrypto analysts have identified setups across three popular US-origin coins where regulatory clarity, on-chain fundamentals, and chart structures are converging at the same time. Each token offers a different risk profile heading into April.

Stellar (XLM)

Stellar enters April with the strongest alignment between fundamental catalysts and technical structure among the three Made in USA coins on this list. The CLARITY Act’s April markup directly benefits Stellar as an ISO 20022-compliant payments rail. Franklin Templeton’s BENJI tokenized fund continues to operate on Stellar, and the network now holds over $1.4 billion in real-world asset value according to rwa.xyz data.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

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The daily chart shows an inverse head-and-shoulders pattern forming since late January. The neckline sits near $0.190, and a breakout would target a 21.24% measured move to $0.234.

The Relative Strength Index (RSI), a momentum indicator that tracks the speed of price changes, supports the case. Between January 25 and March 29, price printed a lower low while RSI printed a higher low. That bullish divergence is still active. Previously, when a similar divergence confirmed, around March 22, Stellar surged approximately 21%.

XLM Price Analysis
XLM Price Analysis: TradingView

If the April 3 XLM price candle forms above $0.163, another divergence layer confirms. The first hurdle sits at $0.176, the 0.618 level. A fall below $0.154 would invalidate the entire inverse head-and-shoulders structure. $0.163 separates an active divergence-driven rally toward $0.190 from a structural failure below $0.154.

Cardano (ADA)

Cardano is the bearish counterweight on this list despite carrying the strongest single April catalyst among Made in USA coins as Volatility Shares just debuted live 2x leveraged ETFs and standard futures exposure for Cardano.

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The Midnight privacy sidechain launched in Q1 2026 with Google Cloud, MoneyGram, and Vodafone as validators. Yet the chart is not responding to these triggers.

The daily chart shows a bearish triangle pattern with the lower trendline sitting at $0.2327. ADA is down 13% over the past 30 days and 4.07% in the latest session, pressing closer to that support with each candle.

A hidden bearish divergence is adding pressure. Between February 6 and April 1, price made a lower high while RSI made a higher high. This pattern typically signals that the existing downtrend retains control even when short-term momentum improves temporarily.

A break below $0.232 exposes $0.219, the base of the measured structure. The first recovery level sits at $0.271. Only a sustained push above $0.354, the 0.618 level, would shift the bias to bullish.

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ADA Price Analysis
ADA Price Analysis: TradingView

Until then, the pending ETF filings and Midnight launch remain catalysts without chart confirmation. Per the chart, $0.232 separates a contained triangle consolidation from a fresh breakdown to new year-to-date lows at $0.219.

Algorand (ALGO)

Algorand is the most conflicted of the three tokens heading into April. Allbridge Core, a cross-chain bridge protocol that allows users to move stablecoins between different blockchain networks without wrapping them, enabled native USDC transfers to Algorand from Solana, Ethereum, Base, Sui, and Stellar earlier this year.

The integration gives Algorand a direct stablecoin on-ramp from five major ecosystems for the first time, addressing one of its longest-standing liquidity gaps.

However, Algorand’s DeFi total value locked has dropped from $133.27 million in July 2025 to $53.76 million according to DefiLlama data. That 60% decline in on-chain activity stands in contrast with the 15% monthly price gain, creating a disconnect between price and fundamental usage.

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DeFi TVL
DeFi TVL: DefiLlama

The daily chart shows a possible bull flag and pole pattern with a pole height of approximately 39%. A pullback is now building. Between January 5 and April 1 (broader timeframe), price made a lower high while RSI made a higher high, a hidden bearish divergence that hints at weakening upward momentum and a pullback.

April’s direction depends entirely on whether $0.095 holds. A daily close above $0.095 keeps the flag structure intact and preserves a path toward $0.104, followed by the full projection near $0.145.

ALGO Price Analysis
ALGO Price Analysis: TradingView

A break below $0.095 invalidates the bullish flag hypothesis. That would also open a risk to $0.079.

For now, $0.095 separates a 39% bull flag projection from a structural failure that aligns with Algorand’s declining DeFi fundamentals.

The post 3 Made In USA Coins To Watch In April 2026 appeared first on BeInCrypto.

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Crypto VC Paradigm to Launch Prediction Market Terminal

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Crypto VC Paradigm to Launch Prediction Market Terminal

Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wider push by exchanges, brokers and crypto firms into prediction markets.

Led by Paradigm partner Arjun Balaji, the prediction market offering will cater to professional traders and market makers, Fortune said in a report on Wednesday, citing sources that said they started working on the project in late 2025.

Paradigm’s offering adds to a growing list of companies looking to offer access to prediction markets, which some forecast could reach $1 trillion in annual volume by the end of the decade.

Paradigm is also considering rolling out an internal market-making desk — an in-house team that provides liquidity by placing buy and sell orders — for prediction markets.

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One of the sources told Fortune that Paradigm is also working with researchers to explore the feasibility of creating prediction market indexes.

“This would entail bundling multiple prediction markets together into one tradable package, much like the S&P 500 combines the stocks of 500 companies into one index,” Fortune said.

Cointelegraph reached out to Paradigm for additional information, but didn’t receive an immediate response.

Related: CFTC’s top enforcer puts prediction market insider traders on notice

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Prediction markets became one of the fastest-growing use cases in crypto last year and have consistently surpassed $10 billion in monthly trading volume.

Coinbase and Gemini have since launched prediction market offerings, while Nasdaq and Cboe are seeking permission to offer prediction market-style binary options.

Paradigm had been looking at ways to get involved in the burgeoning market. It led Kalshi’s $185 million Series C funding round in June and its $1 billion Series E round in December.

The venture capital firm has also created a dashboard showing trading volume and open interest on Polymarket, Kalshi and other platforms across sports, crypto, politics, culture, financials and other topics.

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Legal issues over prediction markets still being ironed out

Kalshi and its biggest competitor, Polymarket, have been dominating prediction markets trading volume. However, other challengers, such as OPINION and predict.fun, have also seen an uptick in trading activity recently.

The rapid growth of the prediction markets space has attracted regulatory scrutiny, with critics concerned that the platforms encourage insider trading and market manipulation, while event contracts based on sporting events are a form of sports betting. 

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US regulators at the federal and state levels are hashing out who should have jurisdiction in regulating prediction markets, while some regulators abroad have outright banned certain prediction market platforms. 

Magazine: IronClaw rivals OpenClaw, Olas launches bots for Polymarket — AI Eye