Opinion: If BTC breaks through $76,000 and ETH breaks through $2,400, a bullish trend may emerge.

Macro investor Jordi Visser says Bitcoin and Ethereum are not far from key price levels that could signal a trend reversal this year, despite a growing consensus in the industry that the market has entered a bear market cycle. He stated, "If Bitcoin breaks $76,000 and Ethereum breaks $2,400, I think that would be the start of a sustainable uptrend this year, because I don't think there will be a recession." Visser also said, "I think inflation will remain high, and people will need to look for profitable assets in a world where the S&P 500 isn't rising." The prediction market Kalshi currently prices a 24% probability of a recession in 2026, a 10 percentage point decrease from the past 30 days. Visser's view contrasts with the growing pessimism in the crypto industry—some even predicting Bitcoin will fall below its year-to-date low of $60,000 on February 6th. Veteran trader Peter Brandt stated on March 31 that Bitcoin may retest or even "slightly below" that price level in September or October this year, which would mark the low point of this bear market. (Cointelegraph)