Bitcoin’s hashrate has climbed back above 1,000 exahash per second (EH/s), or 
1 zettahash per second (ZH/s), even as hashprice has pulled back over the past 
week. Hashprice Falls 6.65% in Three Days As of Saturday, March 28, the 
network is running at 1.02 ZH/s, or 1,022 EH/s. The seven-day average from 
hashrateindex.com sits at […]

Bitcoin Hashrate Reclaims 1 ZH/s as Hashprice Slides Lower

A similar bill was proposed in 2024 but it failed to advance past the second 
reading in the House of Commons and ultimately died before it could become 
law.

Canada proposes crypto political donation ban over foreign interference fears

Bitcoin’s recent price action confirms a clear structural breakdown, ending 
weeks of compression and shifting momentum to the downside. While a short-term 
bounce remains possible as price fills nearby imbalances, the broader outlook 
stays bearish. Unless key resistance levels are quickly reclaimed, any upside 
move is likely to be temporary, with further downside pressure expected. 
Rising Channel Breakdown Signals Shift In Structure According to a BTC update 
by crypto analyst Columbus, the market structure has finally broken down after 
weeks of compression. Price had been coiling within a rising channel, forming 
higher lows that pressed into overhead resistance. Instead of acceptance 
higher, Bitcoin faced rejection at trend resistance, followed by a decisive 
breakdown. Related Reading: Bitcoin Slumps As Traders Turn Defensive: Options 
Market Flashes Red Warning Signal Current price action suggests continuation 
to the downside. What once looked like bullish compression has now 
transitioned into a potential distribution phase. Key liquidity levels now sit 
below. The $64,000 region stands as the first major magnet, supported by prior 
reactions and stacked bids. Beneath that, the $62,000 zone represents a deeper 
sweep area, especially if selling pressure accelerates. Earlier expectations 
were clear: acceptance above resistance would confirm continuation, while 
rejection would trigger a move lower. However, the market has chosen the 
latter. Unless price quickly reclaims the channel and holds above the $68,000 
level, any upward movement is likely to be a relief rally into supply, with 
short-term bias remaining bearish while monitoring reactions around $64,000. 
Bitcoin 4H Structure Flip Signals Bearish Control Analyzing Bitcoin’s 4H 
timeframe, analyst Minga noted that weekends, especially Saturdays, typically 
come with reduced movement. However, current bias leans neutral to slightly 
bullish, as price is reacting from the weekly lows region. Holding above the 
blue order block (OB) below remains key, as it keeps the door open for a 
potential retest of the $67,300 level. Related Reading: Bitcoin Preparing For 
Liftoff Or Another Drop? Key Levels To Decide Despite that short-term bounce, 
the 4H market structure has already flipped bearish. The recent downside move 
has also left behind a noticeable imbalance, which the price tends to revisit 
and fill either over the weekend or heading into early next week. A successful 
reclaim of the $67,300 level could trigger a stronger corrective move higher 
toward $68,800, which now stands as a critical zone for bearish continuation. 
Thus, any rally into it could present resistance and set the stage for another 
leg down in line with the broader trend. There is also a possibility that the 
price will sweep into the lower boundary of the blue OB before any meaningful 
move higher. Regardless of the exact path, the imbalance left behind from the 
previous move is expected to be filled. For that reason, short-term sentiment 
leans slightly bullish on the lower timeframes, but with a bearish retest 
before continuation in line with the prevailing downtrend. Featured image from 
Getty Images, chart from Tradingview.com

Bitcoin Breakdown Confirmed: Bearish Continuation Looms Despite Short-Term Bounce Setup

Bitcoin is currently trading around $66,400, which is almost 48% below its 
all-time high of $126,080 set in October 2025, and a technical analysis is 
drawing a line in the sand for the correction. According to a crypto analyst 
known as Leshka.eth, Bitcoin is now approaching a price level that will 
determine whether this cycle survives or collapses into a full reset. That 
line is $60,000, and whether it holds may shape Bitcoin&#8217;s price trajectory for 
the rest of the year. Related Reading: UK Slaps Sanctions On $20B Crypto Black 
Market Tied To Southeast Asia Scam Rings $60,000 As The Important Line Of 
Defense According to crypto analyst Leshka.eth, the $60,000 price is now the 
most important zone for Bitcoin in the current market structure. This level is 
what the analyst describes as the final barrier that will determine whether a 
deeper correction plays out to lower price levels. Bitcoin has been trading 
around the low $70,000 region in recent sessions, and the past 24 hours have 
been characterized by another 3.3% drop. Although its current positioning 
keeps it comfortably above the $60,000 level for now, the margin is no longer 
wide enough to ignore downside risks. The weekly candlestick chart shared by 
the analyst shows how previous breakdowns from similar structures have led to 
price crashes. However, it is important to note that Bitcoin has not lost the 
$60,000 price level this cycle, with the early February crash finding a bottom 
around $63,000. This context makes the $60,000 level particularly significant. 
It has kept on acting as a solid floor throughout the past two months, helping 
to maintain the higher price structure between $63,000 and $76,000. Therefore, 
a loss of $60,000 would mean that buyers have lost control of an important 
structural level that has supported the Bitcoin price throughout the current 
cycle. Bitcoin Price Chart. Source: @leshka_eth On X The Macro Trendline In 
Every Bitcoin Cycle The broader structure becomes clearer when looking at the 
long-term trendline drawn across multiple Bitcoin cycles. The trendline, which 
is drawn on the weekly candlestick chart from 2018 through to a projected 
2028, connects the deepest cycle lows that formed during extended bearish 
price action. In late 2018, Bitcoin topped out, collapsed, and fell to the 
trendline in 2020 before entering a prolonged accumulation phase near the 
lows. It then finally surged into the 2021 cycle top. The same structure 
repeated in the 2022 bear market: Bitcoin crashed from its peak, returned to 
the macro trendline in 2023, accumulated, and launched into a new cycle that 
carried it to $126,080 in October 2025. Related Reading: Shiba Inu Under 
Pressure As Nearly 40B Netflow Surge Hits Exchanges That trendline is now 
around the $40,000 price level. According to the analyst, if $60,000 holds, 
then the cycle survives. If it breaks, $40,000 becomes the bottom and 
accumulation starts over, Leshka.eth wrote in the post on X. Featured image 
from Pexels, chart from TradingView

Bitcoin Last Line Of Defense Revealed: Can BTC Price Still Go To $40,000?

Crypto-backed mortgages gain traction as housing costs strain affordability, 
positioning digital assets as an alternative pathway to unlock homeownership 
while reshaping how lenders assess wealth and borrower eligibility. Housing 
Affordability Pressures Drive Crypto Mortgage Innovation Growing barriers to 
homeownership are prompting financial firms to redefine how wealth is 
evaluated, with Coinbase partnering with Better Home […]

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