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Bitcoin Holds Near $67K This Easter as Market Enters Post-Peak Cooling Phase

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Bitcoin’s Easter prices show a steady rise from $5 in 2012 to $84.5K in 2025 before easing in 2026.
  • Historical data reveals repeated cycles of growth followed by corrections across different market phases.
  • The 2026 Easter price near $67K reflects a cooldown after the late 2025 peak above $120K.
  • Current price action remains range-bound, signaling consolidation as the market searches for direction.

Bitcoin traded near $67,000 during Easter 2026, marking a pause after a sharp correction from late 2025 highs. Historical Easter data shows how the asset has evolved through cycles, reflecting both rapid growth phases and periods of consolidation.

Bitcoin’s Easter Prices Trace Its Evolution Across Market Cycles

Data shared by Watcher.Guru outlines Bitcoin’s Easter price history from 2012 to 2026. The asset traded at $5 in 2012 and climbed steadily over the years. By 2017, it had reached $1,195, reflecting early adoption and rising demand.

The trend continued into later cycles, with Easter 2021 recording $58,000 during a strong rally. However, prices have not moved in a straight line.

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For instance, Easter 2018 saw $6,850, followed by a drop to $5,325 in 2019. This pattern shows alternating growth and correction phases.

Moving forward, Bitcoin reached $70,000 in Easter 2024 and $84,500 in 2025. These levels followed a strong upward phase that pushed the asset above $120,000 later in 2025. Yet, Easter 2026 shows a pullback to $67,000, reflecting a cooling period after the peak.

This historical data presents a clear pattern of expansion followed by retracement. Each cycle builds on the previous one, although corrections remain part of the trend. As a result, Easter prices provide a snapshot of Bitcoin’s position within broader market cycles.

2026 Easter Reflects Consolidation After Sharp Decline

Price action places Bitcoin near $66,795 as of writing, holding within a narrow range. The market has formed lower highs and lower lows since the late 2025 peak. This structure confirms a bearish trend despite the recent stabilization.

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At the same time, the price is moving sideways between $65,000 and $75,000. This range indicates a balance between buyers and sellers after the earlier sell-off. Such periods often appear after strong declines, as the market searches for direction.

Technical indicators support this view of stabilization. The Relative Strength Index remains below 50, showing limited bullish strength. However, it has recovered from oversold levels, suggesting that selling pressure has slowed.

Similarly, the MACD shows weak momentum, with a slight negative reading and limited follow-through. Although a crossover attempt occurred, it has not developed into a clear trend. This aligns with the ongoing consolidation phase.

Key levels remain unchanged during this period. Support holds near $65,000, while $60,000 stands as a deeper floor. On the upside, resistance near $75,000 continues to limit upward movement, with $90,000 acting as a higher barrier.

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Looking at the broader cycle, Bitcoin has moved through accumulation, markup, distribution, and markdown phases. The current period appears to be a pause following the markdown phase of early 2026. Price behavior within this range will determine the next stage.

Bitcoin’s Easter history continues to reflect its cyclical nature. While long-term growth remains visible, short-term movements show that corrections remain part of the market structure.

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Market Preview: CPI Inflation Reports and Delta (DAL) Earnings Amid Iran Conflict

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

Key Highlights

  • First inflation measurements since Iran conflict began: March CPI and February PCE reports scheduled
  • March employment report showed 178,000 new positions, surpassing the 65,000 forecast
  • Crude prices surged more than 50% following war outbreak, pushing gasoline beyond $4 nationwide
  • Delta Air Lines earnings Wednesday will reveal jet fuel expense impact on carrier profitability
  • Major indices snapped five consecutive weeks of declines, climbing at minimum 3%

Investors are preparing for a pivotal week featuring critical inflation measurements, quarterly corporate results, and continued monitoring of the Iran conflict’s economic ramifications.

Last week’s trading session saw the S&P 500 advance 1.6%, while the Dow Jones climbed 1.2%, and the Nasdaq Composite surged 2.2%. The rally ended a five-week decline for all three benchmarks. Year-to-date, the S&P 500 and Dow remain lower by 3.8% and 3.2%, respectively.

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E-Mini S&P 500 Jun 26 (ES=F)

Friday’s employment data for March significantly exceeded analyst projections. The report revealed 178,000 nonfarm payroll additions versus consensus estimates of 65,000. This represented a sharp reversal from February’s 92,000 job losses.

“The message here is equilibrium,” noted Gina Bolvin, president of Bolvin Wealth Management Group. “Robust employment growth diminishes pressure for immediate rate reductions, though it doesn’t alter the overall deceleration pattern.”

Michael Feroli, JPMorgan Chase’s chief US economist, indicated the figures provided “somewhat greater assurance that economic expansion can absorb the current energy cost surge without substantial lasting harm.”

Critical Inflation Measurements Approaching

Thursday delivers the February Personal Consumption Expenditures index, an inflation gauge the Federal Reserve prioritizes. Analyst consensus projects a 0.4% monthly advance and 2.8% annual growth.

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Source: Forex Factory

Friday presents the more significant release: March’s Consumer Price Index. Forecasters anticipate a 0.9% monthly increase and 3.4% annual rise. February’s CPI registered 2.4% annually. This upcoming report represents the initial measurement incorporating Iran war-related pricing effects.

National average gasoline prices exceeded $4 per gallon last week, per AAA data. Goldman Sachs analyst Ben Shumway noted escalating costs are “contributing to further deterioration in consumer sentiment from previously depressed readings.”

Andy Schneider, senior US economist at BNP Paribas, observed that “supply disruptions in the Strait of Hormuz have materialized while tariff impacts continue spreading,” noting that “initial petroleum price transmission will be reflected in March figures.”

Goldman economist Manuel Abecasis characterized the present supply disruption as “less worrisome than previous instances that generated inflation challenges,” pointing to its constrained scope and range.

Corporate Results and Conflict Implications

Delta Air Lines releases quarterly results Wednesday morning before market open. The carrier’s performance will illuminate how elevated aviation fuel expenses are impacting airline sector margins. Constellation Brands and Levi Strauss additionally report during the period.

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Street analysts forecast earnings expansion exceeding 13% across the S&P 500 overall, per FactSet data.

Oil prices have climbed over 50% during the five weeks since hostilities commenced. Shipping activity through the Strait of Hormuz remains virtually nonexistent. Trump conducted a Monday briefing alongside military leadership as his self-established deadline for strait reopening nears.

Capital.com analyst Daniela Hathorn observed that “investors have shifted from pricing in de-escalation scenarios to assessing escalation likelihood.”

Paola Rodriguez-Masiu, Rystad Energy’s chief oil analyst, indicated the temporary cushion that initially contained price increases from pre-conflict petroleum inventories is now depleting.

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The Federal Reserve’s March policy meeting minutes release Wednesday at 2 p.m. ET. Market participants broadly anticipate the Fed will maintain current interest rates at its upcoming April session.

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Odds of a US Invasion of Iran Spike After Trump’s Threat of Escalation

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Iran, US Government, United States, Donald Trump, Oil and Gas, Polymarket

The odds of the United States invading Iran this year surged to 63% on the Polymarket prediction platform on Sunday, following comments made by US President Donald Trump on social media.

Despite the surge, the odds of an invasion before 2027 are still down from the high of 68% on March 29, due to a US troop buildup in the region and comments from the Trump administration that the United States was considering capturing Kharg Island, a major Iranian oil shipping station.

Volume on that prediction was about $3.74 million at the time of publication.

Iran, US Government, United States, Donald Trump, Oil and Gas, Polymarket
Odds of the US invading Iran before 2027 surge to 63%. Source: Polymarket

On Tuesday, after Trump signaled that the US might leave Iran in the next two to three weeks, Bitcoin (BTC) jumped by about 2.6% and the S&P 500 index to added about 2.91%. However, Trump reversed course with his latest statement on Sunday. He wrote:

“Tuesday will be power plant day, and bridge day, all wrapped up in one, in Iran. There will be nothing like it! Open the fuckin’ strait, you crazy bastards, or you’ll be living in hell.”

At last look, BTC was little changed, trading up less than 0.1% in the past 24 hours, remaining anchored around the $67,500 level, according to data from TradingView.

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The mixed signals from the Trump administration on the war and how long it will last continue to create investor uncertainty and an impact on all risk asset prices, as market analysts, traders and economists attempt to forecast the effects of the war.

Iran, US Government, United States, Donald Trump, Oil and Gas, Polymarket
Source: Donald Trump

Related: Polymarket takes down market on missing US pilot after backlash

Trump’s comments draw a wave of online backlash, but asset prices barely budge

“I wish Trump would stop threatening Iranian civilian infrastructure. It’s a lose-lose for us: backing down hurts his negotiating credibility,” economist Peter Schiff said in response to Trump’s comments. 

“Carrying it out escalates the war, damages US standing, generates sympathy for Iran and fuels Iranian hatred for America,” Schiff continued.

“I assumed this was a fake, it isn’t — wild,” podcaster and Bitcoin advocate Peter McCormack said.

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Brent crude oil, the most widely used pricing benchmark for the international spot oil market, remains elevated, closing Thursday at more than $109 per barrel. Trading is scheduled to resume on Monday following the Easter holiday weekend.

Magazine: Inside the Iranian Bitcoin mining industry