First Half of 2026 was mostly Bearish
The bearish pullback started in January and #Bitcoin fell 30% to $60,100. First half of 2026 was a continuation of 2025, with geopolitical risk covering the headline news. Cryptocurrency market crashed again when Iran War started in February. Israel and US attacked Iran after negotiations failed at talks. Peace deal has not been signed yet.
Rising energy prices affected the economy as well, with central banks eyeing for a rate hike to tame inflation.
Bitcoin tested the 60,000 support multiple times this year. So far the long term signal 200 weekly moving average held its place. Will the second half of 2026 be more bear or bullish?
#marketanalysis
Grayscale hands XRP the "global payments" label
In a post breaking down what each major asset is actually for, @Grayscale gave XRP a single, clean identity: global payments. Bitcoin got digital money, Ethereum the world computer, and Solana high performance.
One word, but a pointed one. It frames XRP's case around cross-border settlement and institutional adoption, not speculation or smart contracts. A utility lane.
$XRP has always sold itself as a way to move money. Now one of the biggest asset managers is saying it out loud.
#Bitcoin Sell Wall Too Strong
Bitcoin hit $82,814 last week and broke above $80,000 for the first time since January. The bearish selling also started in January and hit as low as 59,900.
The 200-day SMA is what every trader watches for in market situations. Surprisingly, the 200-day moving average caught up to the current price zone at $82,270. Just observing the daily and weekly chart, there is likely a sell wall or resistance at the 83,000 dollars area.
Sentiment for crypto market is below 50, for Bitcoin to break above $83,000 there needs to be a renewed catalyst of a peace deal in the middle east, or better environment in the economy.
Dollar vs. The Yen
After the double bottom at 152 Yen, dollar became bullish again. There is a clear breakout at 159 and hit a high at 160.4.
Since end of February the dollar gained roughly 2.8% against the Yen. Bulls favored the dollar in 2025, Usd was mostly under 150 Yen which is a key price line, there was also a lot of intervention from BOJ.
Yen crash in July 2024 triggered massive selloffs causing the Yen to gain 9%.
Compared to Euro, Usd, Yen is in the weaker basket. BOJ's interest rate is at 0.75%. Dollar bulls will stay in town, and for the yen to see under 150 may be far away for the time being.
#fx #forex
2026 Might Be More Bumpy Than 2025 For Markets 💱🛣️
The world economy has not really recovered from last year's problems, with trade tariff and geopolitical risk. Crypto regulation seems to be improving, but that won't guarantee the market will be a smooth ride.
Matter of fact, 2026 may be more bumpy than 2025, it could see new highs or lows depending on the macro economy. From my experience Q1 might turn out more bearish than traders expect, and perhaps recover around March.
Q1 could be another bear market depending on news. US President said he will raise taxes if Europe does not respond or comply with Greenland.
These news will likely put sell pressure on #cryptocurrency in January and February, resulting in a selloff to $2.7~2.9 trillion area. #Bitcoin could fall to 80,000 area which is last years bearish territory.
#marketanalysis
@amritwt so he was apparently the closest person to Satoshi, I think Satoshi understood network and computers more than anyone at his time. Crypto market cap is 3 trillion dollars today, no need for explanaing.