According to macro analyst Jordi Visser, Bitcoin and Ether are not far from levels that could signal a trend reversal this year, despite a growing industry consensus calling for a bear market.
“If we trade above $76,000 and at the same time we see Ethereum above $2,400, I believe this is the beginning of a move that will continue this year because I don’t think we will have a recession” – Visser he said on Anthony Pompliano’s podcast posted Friday on YouTube.
A move to $76,000 would represent a 6.1% boost from Bitcoin’s (BTC) price of $71,646 at press time, According to to CoinMarketCap data. A move for Ether (ETH) to $2,400 would represent an boost of about 8%.
Inflation will remain high, says Visser
Traders in the Kalshi forecast market tend to favor a similar macro outlook to Visser, quotation the risk of recession in 2026 is 24%, which means a decline of 10% in the last 30 days.
“I think inflation will remain elevated, and I think people will have to find something that is profitable in a world where the S&P is not going anywhere,” Visser said.
The U.S. Bureau of Labor Statistics (BLS) revealed in a report released Friday that the Consumer Price Index (CPI) rose 3.3% year-over-year in April.
Visser’s latest comments challenge a growing view in the crypto industry that 2026 has even more deterioration ahead, with some even calling for a drop below the Feb. 6 annual low of $60,000.
Bitcoin could fall below yearly low of $60,000
On March 31, veteran trader Peter Brandt said this may not be a 2026 low, predicting that Bitcoin could retest or even fall “slightly lower” than the price level in September or October this year.
“This would then be the low point of the bear cycle,” Brandt said.
Related: Bitcoin charts indicate 80 thousand. dollars in April: Here’s how it can happen
Visser explained that he has never been a “big fan” of labeling Bitcoin price trends as a bull or bear market.
“Especially when we are at all-time highs. At some point it seems like everything is fine, prices go up, and then the normal course is that at some point people don’t invest as much as they have,” he said.
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