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Bitcoin’s recent price behavior has kept traders split between those expecting another leg down and those calling that a bottom is already in. That tension is now feeding different technical analyses,

Bitcoin’s recent price behavior has kept traders split between those expecting another leg down and those calling that a bottom is already in. That tension is now feeding different technical analyses, with one analyst arguing that the probability of a deeper crash has dropped significantly based on long-term signals.

Chance Of Bitcoin Making New Lows Is Very Small
Bitcoin has spent months testing the patience of its holders since its all-time high of $126,000 in 2025. According to crypto analyst Sykodelic, there is a compelling case that the drawdown is done and that the probability of Bitcoin revisiting new lows at this point has dropped massively.

Sykodelic’s rationale leans heavily on the behavior of the Relative Strength Index (RSI) on the weekly candlestick timeframe chart. According to his analysis posted on X, Bitcoin has just printed a powerful bullish break on the weekly RSI, and what makes this particular reading extraordinary is not just where it bounced from but how low it got before doing so.


Source: Chart from Sykodelic on X
The weekly RSI has only fallen below 30 on three occasions in BTC’s history, with the most recent being Q1 2026. However, the RSI is now back into the normal zone, and it has broken above a descending trendline that touches lower highs. According to the analyst, this scenario means that the probabilities are now very slim for new lows of any kind.

The Bottom Signals Have Stacked Up
The RSI break did not arrive on its own. Sykodelic noted that multiple bottom indicators have converged simultaneously, a convergence he described as reaching a very high degree. According to him, about 12 important bottom indicators have fired, and Bitcoin is showing it here.

The broader data support his reading. Bitcoin exchange reserves have fallen to seven-year lows while whale wallets are now accumulating more than 

Bitcoin’s recent price behavior has kept traders s

Claim1,200 USDT in the Monthly Creation ChallengeHTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!Brent jumped, DXY rose, and Bitcoin rolled over. XRP followed the pressure l

Claim1,200 USDT in the Monthly Creation Challenge

Brent jumped, DXY rose, and Bitcoin rolled over. XRP followed the pressure lower through the week, even though its long-term pitch should, in theory, become more relevant as global money flows grow more expensive and more fragile.

That contradiction is the center of the setup. XRP rallied for much of this cycle on the idea that Ripple’s regulated expansion, enterprise positioning, and capital-market traction were building a more durable floor under the token.

Brent jumped, DXY rose, and Bitcoin rolled over. X

Blockchain Forum 2026, MoscowOrigins Network and HolmesAI Partner to Pioneer Decentralized Digital Personas and AI Monetization The convergence of AI and Web3 is now a reality where AI agents will be 

Origins Network and HolmesAI Partner to Pioneer Decentralized Digital Personas and AI Monetization
The convergence of AI and Web3 is now a reality where AI agents will be an integral part of how individuals experience their digital identity. Origins has taken a significant step for the AI agent market by forming a strategic partnership with HolmesAI to connect AI-generated digital profiles with the secure & verifiable ownership model of a blockchain. This will give users more than just being tracked as data points but will allow each individual to have ownership over their own digital identity.

Orchestrating the “Clone Your Intelligence” Vision

Holmes AI’s Clone Your Intelligence framework is the foundation of this partnership. The company has received $8 million in funding from some of the biggest investors in technology, and they are establishing themselves as a leader in Digital Avatars and AI. Rather than building siloed AI, like many current AI Models today, HolmesAI focuses on building agents that replicate the real-world person with all their nuances of personality, knowledge, and professional experience.

As a result of being integrated with Origins Network, digital clones can evolve from just a standard chat interface to being representable as verified, on-chain accounts. A user can use a verified identity to confirm that an AI agent operating on their behalf is legitimately authorized and under their control. A major challenge in today’s AI landscape is enabling automated interactions where there is a lack of trust or legitimacy regarding the identities of the users communicating with each other.

From Verifiable Compute to Digital Sovereignty

The use of “verifiable compute” is moving towards the development of “verifiable identity.” The use of verifiable computing ensures that data will compute exactly how it should be used and not be tampered with. By applying this to an individual’s identity, we will have the ability f

Origins Network and HolmesAI Partner to Pioneer De

On April 18, the US Central Command stated on social media that since the US naval blockade, 21 ships have turned back to Iran as directed by the US military. According to reports from the British shi

US Military: 21 Ships Have Turned Back to Iran as Directed

WL: Ethereum L2/Sidechain

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto founder Joe McCann’s passport is sitting with Zanzibar police. He isn’t going anywhere until 

Crypto Exec Joe McCann Draws Scrutiny After Fiancée’s Death In Zanzibar

Claim1,200 USDT in the Monthly Creation ChallengeHTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!Those features can help XRPL win pilots, and production flows from firms tha

Those features can help XRPL win pilots, and production flows from firms that will not touch open, permissionless order books.

However, the value-capture question does not disappear. Permissioned venues can settle stablecoin to stablecoin. They can clear tokenized funds in issued units. They can use XRPL as rails while minimizing exposure to XRP, unless the venue’s liquidity model, quoting conventions, and routing paths put XRP at the center.

Those features can help XRPL win pilots, and produ

On April 18, analyst Alicharts noted that ETH has broken through the upper boundary of an ascending triangle and the key resistance level of $2385, which will now act as a support level. As the supply

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Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!MSTR Stock Forecast as Michael Saylor's Strategy Unrealized Gains Hit $1.37B Strategy sh

MSTR Stock Forecast as Michael Saylor's Strategy Unrealized Gains Hit $1.37B


Strategy shares moved higher on April 17 as Bitcoin climbed above $77,000 and briefly crossed the $78,000 mark for the first time since the sharp February selloff. The rally put fresh focus on Michael Saylor’s company because its balance sheet remains closely tied to Bitcoin price moves. With Bitcoin trading above Strategy’s average purchase price of $75,577, the company returned to an unrealized profit position, with market commentary placing paper gains at about $1.37 billion.


Source: X

MSTR also gained during the session as traders responded to the broader recovery in risk assets. At one point during market hours, the stock was up 13.83% and trading near $169.54. Separate market updates also showed the stock ahead by about 8% on the day. The move came as Bitcoin strength improved sentiment around companies with direct digital asset exposure.

Bitcoin Breakout Lifts Strategy Back Into Profit

Bitcoin’s move above $77,000 marked its strongest level since the correction that followed the February 5 selloff, when the asset fell close to $60,000. On April 17, Bitcoin traded around $78,209.10 in one market update, while another reading placed it near $77,286.74. That price recovery mattered for Strategy because the company’s large treasury position leaves its valuation highly sensitive to changes in Bitcoin.

Strategy now holds 780,897 BTC, according to the reports. At current price levels, those holdings were valued at about $60.817 billion. Since the company’s average Bitcoin purchase price stands at $75,577, the latest market move pushed the firm back above its cost basis. That change reversed part of the pressure seen in the first quarter, when Strategy reported about $14.5 billion in unrealized paper losses.

The stock’s technical picture also improved. MSTR moved abo

MSTR Stock Forecast as Michael Saylor's Strategy U

Bitcoin Hits $78K as Trump Says Strait of Hormuz Is Fully Open Bitcoin surged on April 17 after the US President Donald Trump said the Strait of Hormuz was open again and shipping passage was being re

Bitcoin Hits $78K as Trump Says Strait of Hormuz Is Fully Open
Bitcoin surged on April 17 after the US President Donald Trump said the Strait of Hormuz was open again and shipping passage was being restored.
In a Truth Social post, Trump wrote that Iran had announced the strait was “fully open and ready for full passage.” He added that sea mines had been removed, or were being removed, with the help of the United States.
Earlier today, Trump posted again that Chinese President Xi Jinping was “very happy” that the Strait of Hormuz was open or rapidly opening. He also said that a meeting coming up in China could be historic.

The market reacted fast as Bitcoin jumped to a 10-week high above $78,000, reaching around $78,400 for the first time since February 4.



BASED: Hyperliquid’s On-Chain Super App

Bitcoin Hits $78K as Trump Says Strait of Hormuz I

Claim1,200 USDT in the Monthly Creation ChallengeHTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!It is the same mechanism that gives major currencies their durable monetary 

It is the same mechanism that gives major currencies their durable monetary premium. So, this demand is not driven by tiny fees. Instead, it is pushed by the need to hold liquidity to do business.

A simple inventory model shows why this matters. If XRP-mediated payment volume reaches $1 trillion per year, the daily flow works out to roughly $2.74 billion.

If market makers keep about half a day of buffer inventory, the required inventory would be about $1.37 billion in XRP.

It is the same mechanism that gives major currenci

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