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Bitcoin Breaks $76,000, Ethereum Breaks $2,400, Possibly Signaling Trend Reversal

BroadChainBroadChain04/12/2026, 02:15 PM
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Summary

Macro investor Jordi Visser believes that if Bitcoin breaks above $76,000 and Ethereum breaks above $2,400, it could signal a trend reversal in 2026 and the start of a sustainable upward trend, which stands in stark contrast to the current widespread pessimistic market expectations.

According to Cointelegraph on April 12, macro investor Jordi Visser stated that Bitcoin and Ethereum are not far from key price levels that could signal a trend reversal in 2026, despite a growing consensus within the industry that the market has entered a bear cycle.

"If Bitcoin breaks above $76,000 and Ethereum surpasses $2,400, this would mark the beginning of a sustainable uptrend in 2026, as there will be no economic recession," Visser added. "Inflation will remain persistently high, and people will need to seek assets that can generate returns in a world where the S&P index shows no gains."

The prediction market Kalshi currently prices the probability of an economic recession in 2026 at 24%, a 10-percentage-point decrease over the past 30 days.

Jordi Visser's view contrasts with the increasingly pessimistic expectations in the crypto industry—some even anticipate Bitcoin falling below its year-to-date low of $60,000 recorded on February 6.

On March 31, veteran trader Peter Brandt suggested that Bitcoin could retest or even dip "slightly below" that price level in September or October 2026, which would mark the low point of the current bear market.