Bitcoin added $5,000 to its value in 72 hours, reaching its highest level 
since February. The total market cap rose to $1.58 trillion while the rapid 
price jump triggered a short squeeze, liquidating $207 million in short bets. 
Key Takeaways: Bitcoin surged to $79,500 on April 22, hitting a 72-hour high 
after President Trump extended […]

Squeeze Dynamics: Why Analysts Say Bitcoin’s Rise to $79,500 Lacks Conviction

Bitcoin is back in a place where bold upside calls are starting to circulate 
again, and while short-term sentiment is still mixed, one analyst believes the 
cryptocurrency is setting up for a powerful move that sends the price action 
all the way to $200,000. The call is built around a long-term cycle structure 
on the monthly candlestick timeframe chart that treats Bitcoin’s recent price 
action as part of a larger repeating pattern. The Monthly Chart Case For 
$200,000 The chart Bitcoin Teddy shared is a monthly Bitcoin chart that maps 
out three major cycle phases using large green expansion boxes and blue- 
circled buy zones. These buy zones are situated around a curved support line 
that connects previous lows. Related Reading: Why You Should Be Paying 
Attention To The Bitcoin Monthly MACD The first buy zone appeared in 2019, 
ahead of the move that eventually carried Bitcoin above $69,000. The second 
buy zone was in late 2022, just before the rally that eventually pushed 
Bitcoin&#8217;s price action to $126,000 in October 2025. The third is the current 
setup, labeled as a 2026 buy zone near the long-term curved support line, with 
the projected next peak sitting at $200,000. Each rally is gradually shrinking 
in percentage terms. The move from 2019 to 2021&#8217;s peak was over 2,000%. The 
move from 2022 to the current peak was over 700%. The expected move from the 
current accumulation zone to $200,000 is around 233%. When The Chart Says To 
Buy The &#8220;when to buy&#8221; part of the forecast is just as important as the 
$200,000 target itself. Bitcoin Teddy’s chart points to the current region, 
which is the zone between the long-term curve and the lower part of the latest 
green box, as the preferred entry window. That area sits around the $60,000s 
up into the $70,000s, with the blue circle placed close to the latest 
corrective low in February. Related Reading: Analyst Sounds Bitcoin Warning: 
This Surge Above $78,000 Should Not Be Trusted Bitcoin has since rebounded 
from that February low, and the broader market has started to stabilize, with 
Spot ETF inflows returning to more consistent levels. Despite that recovery, 
price action has not fully broken away from the highlighted accumulation band. 
It is still within the same broader zone identified on the chart, meaning the 
setup to the $200,000 projection is still technically in place. At the time of 
writing, Bitcoin is trading at $77,880. Therefore, the path from current 
levels to $200,000 would require approximately a 156% gain from around 
$77,000, a move that several institutional analysts believe is achievable 
within the current cycle window. Goldman Sachs filed for its first Bitcoin ETF 
product shortly after Morgan Stanley launched its own spot Bitcoin ETF, 
showing that large financial firms are still pushing deeper into Bitcoin- 
linked products. Featured image from Pngtree, chart from Tradingview.com

Analyst Predicts Bitcoin Price Is Going To $200,000, Reveals When To Buy

GSR’s new BESO ETF on Nasdaq actively manages a Bitcoin‑Ethereum‑Solana basket 
with weekly rebalancing, a 1% fee, and built‑in staking rewards where allowed. 
GSR is moving from pure market‑making into the center of the ETF arms race, 
rolling out its…

GSR debuts first active multi‑asset crypto staking ETF on Nasdaq

The US-Iran tensions over the Strait of Hormuz highlight the fragile 
geopolitical landscape, impacting global oil markets and diplomatic efforts.
The post Iran accuses US of hypocrisy over Strait of Hormuz blockade appeared 
first on Crypto Briefing.

Iran accuses US of hypocrisy over Strait of Hormuz blockade

The crypto exchange advocated for two key changes to US tax law affecting 
crypto users to “eliminate millions of unnecessary forms.”

Cryptocurrency price in TWD