hodler

21 Apr 2026, 08:06

Bitcoin price prediction ahead of Kevin Warsh Senate hearings

Bitcoin price has remained in a narrow range this week as traders watched the new developments in the Middle East. BTC was trading at $76,000 as traders focused on the upcoming Kevin Warsh testimony. It has formed an ascending triangle, pointing to more gains in the near term. Bitcoin price steady ahead of Kevin Warsh testimony Kevin Warsh , Donald Trump’s nominee to become the next Federal Reserve Chairman, will be grilled in the Senate Banking Committee on Tuesday. This is an important grilling that will provide more information about his tenure as the Federal Reserve Chairman. There will be two important things to watch in this grilling: his thoughts on interest rates and his views on cryptocurrencies. His views on interest rates are important because of the ongoing pressure from President Donald Trump. Trump has criticized Jerome Powell for not cutting interest rates fast enough, with Jeanine Pirro filing a lawsuit against him. As such, Senators will want to know whether he will be open to cutting rates this year. The other key catalyst will be his views on Bitcoin and the crypto market. Warsh has made several statements about the industry in the past few years. In a WSJ editorial a few years ago, he was highly critical about the industry. Recently, however, he has maintained a bullish outlook about Bitcoin and the crypto market. He changed his views recently when Trump became president, which raised his chances of becoming the Federal Chair. A bullish statement about Bitcoin and other coins would be highly bullish for the coin. Still, it is worth noting that the Federal Reserve is not involved in the crypto market. Instead, the regulations are usually handled by the Securities and Exchange Commission (SEC) and CFTC. BTC ETF inflows are continuing Data shows that investors are piling into spot Bitcoin ETFs this month, a sign that demand is resilient. Spot Bitcoin ETFs have added over $1.6 billion this month, bringing the cumulative net inflows to $57 billion. These funds now hold over $100 billion in assets, with the biggest ones being by BlackRock, Fidelity, and Grayscale. One reason for the rising inflows is that American investors believe that Bitcoin is a bargain after falling by double-digits from the all-time high. At the same time, there are signs that investors are rotating from gold ETFs to Bitcoin. This is notable because the opposite was happening a few weeks ago. BTC price technical analysis Bitcoin price chart | Source: TradingView The daily chart shows that the BTC price has continued rising in the past few months. It has moved to the 23.6% Fibonacci Retracement level. The coin has flipped the red Supertrend indicator from red to green, a move that will lead to more gains. It has also formed an ascending triangle pattern, while the Relative Strength Index (RSI) has continued rising. Therefore, the most likely Bitcoin price prediction is bullish, with the next key target to watch being the 50% retracement level at $93,300. This target is about 23% above the current level. The post Bitcoin price prediction ahead of Kevin Warsh Senate hearings appeared first on Invezz

21 Apr 2026, 08:06

Crypto rally today: Why Bitcoin, Venice Token, Zcash, and altcoins are going up

A crypto rally is happening today, with Bitcoin and top coins like Venice Token, Zcash, Canton, and Monad jumping by over 5%. Bitcoin jumped to $76,000, while Zcash rose to $315. Venice Token has jumped by nearly 1000% from its lowest level this year. This article explores some of the top reasons why the crypto market is going up today. Crypto rally is happening as Donald Trump seeks an Iran deal The main reason why the crypto market is going up is that President Donald Trump is seeking to ink an Iran nuclear deal in the next few days. In a statement on Monday, Trump talked about the deal he is working with Iran, noting that it will be a better one than the JCPOA, which was reached by President Barack Obama. Analysts believe that the deal will be similar to the JCPOA, only with a few tweaks. For one, Monday’s statement did not have the threats he made on Sunday, when he said that he would bomb Iran’s critical infrastructure like bridges and power plants. An end to the war will be bullish thing for the crypto industry because it will lead to lower crude oil and natural gas prices. Indeed, the risk of a deal has pushed Brent and the West Texas Intermediate (WTI) down to $95 and $86, respectively. Still, the main risk is that the two sides may not reach a deal, leading to the resumption of fighting. A new phase of fighting will likely be more brutal than the first one, with the focus being on the crucial oil infrastructure in the region. Kevin Warsh's testimony in the Senate The crypto market rally is happening as traders focus on the upcoming testimony of Kevin Warsh at the Senate Banking Committee , which will happen later today. Warsh is seeking to replace Jerome Powell as the Federal Reserve Chair when his term ends in May. This grilling will be important for the crypto industry for two main reasons. First, Warsh will likely be quizzed about the crypto industry and whether he supports it. Signs of support will lead to more gains in the crypto industry as he will be the first Fed Chair who is openly supportive to the industry. Second, he will likely provide his thinking about where interest rates should be. Analysts believe that Warsh, unlike Jerome Powell, will be open to cutting interest rates this year as Donald Trump has asked for. Bitcoin and the broader crypto market does well when the Fed is cutting rates. However, Warsh's main challenge is that the rate is set by the Federal Open Market Committee (FOMC), where he has just one vote. To cut rates, he will need to convince the other officials, who may not be open to cut rates now that inflation remains much higher than the bank’s target of 2.0%. Bitcoin price has formed an ascending triangle pattern Bitcoin price chart | Source: TradingView BTC and the broader crypto market is rising as Bitcoin has formed a highly bullish ascending triangle pattern. This pattern is made up of a horizontal line, which, in this case, is at $76,200, and an ascending trendline, which connects the lowest levels since February. Bitcoin price has also flipped the Supertrend indicator from red to green, which is a highly bullish sign in technical analysis. Also, top oscillators like the Relative Strength Index (RSI) and the MACD have continued rising. As such, the coin may surge to the next key resistance level at $93,500, the 50% Fibonacci retracement level at. Such a move will lead to more gains in the crypto market. The post Crypto rally today: Why Bitcoin, Venice Token, Zcash, and altcoins are going up appeared first on Invezz

21 Apr 2026, 08:04

Bitcoin Holds Near $76,000 as Ceasefire Expiry and ETF Inflows Pull in Opposite Directions

Bitcoin is trading around $75,000 to $76,000 today as the expiry of the US-Iran ceasefire and continued Strait of Hormuz tensions compete with sustained institutional ETF demand to produce a rangebound but resilient market. The asset opened Monday around $73,820 before recovering to the $75,242 level by mid-morning as initial geopolitical risk-off sentiment faded, a pattern that has repeated multiple times since the Iran-US war began on February 28. BlackRock’s iShares Bitcoin Trust recorded $284 million in single-day inflows as recently as April 17, demonstrating the scale of institutional capital actively positioned in the asset class regardless of short-term macro noise. The Crypto Fear and Greed Index is sitting at 29, firmly in fear territory, but that reading has not translated into the price collapses that pure sentiment analysis might suggest. Bitcoin hit a low of approximately $60,000 in February following the outbreak of the Iran-US conflict before recovering to current levels, consistent with its historical pattern of sharp initial geopolitical dips followed by recovery as inflation and currency debasement concerns take over the narrative. Former Federal Reserve Chair Janet Yellen was reported to have privately warned at a recent event that current US fiscal and monetary policies could push the dollar toward hyperinflation, comments that have fuelled renewed interest in Bitcoin’s fixed-supply characteristics. The technical picture puts key resistance at $77,500, with a sustained break above that level needed to open a path toward the $85,000 to $90,000 range that several analysts have identified as the next major target. Some analysts describe 2026 as a consolidation year following October 2025’s all-time high of approximately $126,000, framing current price action as the late phase of a post-halving cycle. Others point to sustained institutional ETF inflows, the approaching World Cup driving consumer engagement with digital assets, and potential resolution of the Iran conflict as catalysts for a renewed move higher before year-end. Until the ceasefire situation resolves definitively one way or another, the market is likely to remain headline-sensitive and rangebound rather than directional in either direction.

21 Apr 2026, 08:02

Kaspa (KAS) And Litecoin (LTC): With Faster POW Rails Mentioned In Settlement Pilots, Do KAS And LTC Front‑Run A “Payments Hashpower” Trade Or Fade With BTC?

As of mid-April 2026, the narrative surrounding Proof-of-Work (PoW) is undergoing a major rebranding. While Bitcoin remains the undisputed "Digital Gold," a new "Payments Hashpower" trade is emerging, focusing on assets that combine the security of PoW with the speed required for real-time settlement. With the 2026 G20 Payments Roadmap specifically highlighting "high-velocity mining networks" for cross-border experiments, Kaspa and Litecoin are being pulled into the spotlight. The question for the tape is simple: Are these assets starting a structural breakout as utility rails, or are they just higher-beta satellites destined to fade if Bitcoin’s dominance flattens? Kaspa (KAS): High‑Beta Rail In Early Repair Source: tradingview Kaspa is currently the "momentum horse" for the faster PoW thesis. Its BlockDAG architecture—now fully optimized in the 2026 "Rust+ Rewrite"—allows for near-instant confirmation times that have made it a favorite in recent sub-ten-dollar settlement pilots. Technical Verdict: The chart shows an early, reasonably healthy uptrend emerging from deeply depressed levels. At $0.0347, KAS is successfully trading above its 7-day ($0.0341) and 30-day ($0.0334) moving averages. The MACD line is clearly positive, suggesting this move has more substance than a simple news-driven spike. Near-Term Outlook: KAS is currently grinding toward its 200-day SMA ($0.042). Reclaiming that level would be the first major technical signal of a cycle shift. Until then, expect a wide trading band where the token outperforms on green days but remains sensitive to broader "risk-off" sentiment. Litecoin (LTC): The Mature Rail Seeking A New Spark Source: tradingview Litecoin remains the "Silver to Bitcoin’s Gold," but in 2026, it is increasingly viewed as the "Institutional Utility Rail." With MWEB (MimbleWimble) privacy features now standard across major Asian exchanges and its status as a top-3 asset on the PayPal-Venmo 2.0 checkout, LTC’s fundamental floor is arguably the strongest in the PoW sector. Technical Verdict: LTC is currently in a "sideways tilt" phase. At $55.07, it is essentially hugging its short-term averages. While the MACD has turned positive, indicating a recovery from earlier weakness, the RSI-14 at 51 shows a lack of aggressive buying pressure. It is behaving like a mature asset that tracks Bitcoin's health rather than a speculative front-runner. Near-Term Outlook: The path to a re-rating requires LTC to tackle the heavy resistance at its 200-day SMA ($74.01). Currently, it fits a "-20% to +30%" range candidate profile. It provides stability for institutional players, but it lacks the vertical torque currently seen in the Kaspa setup. Conclusion The "Payments Hashpower" trade is technically a split-velocity market. Kaspa (KAS) is the clear beta play for those looking to front-run the settlement pilot narrative; its chart is already responding with an early uptrend and positive momentum. Litecoin (LTC) is the deeper, more liquid anchor that provides a safer way to express the theme without the extreme volatility of a 90% drawdown recovery. For this to turn into a sustained bull leg, we need to see both assets reclaim their 200-day moving averages on high volume. Until that happens, they remain high-quality range-trade candidates that will likely participate in any Bitcoin-led rally but struggle to decouple entirely. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.