Gate News message, April 12, macro investor Jordi Visser said that Bitcoin and Ethereum are not far from the key price levels that could signal a trend reversal this year. Visser noted that if Bitcoin breaks $76,000 while Ethereum breaks $2,400, that would mark the beginning of a sustainable uptrend this year, because he believes there won’t be an economic recession. Visser also said that inflation will remain at elevated levels, and people will need to look for assets that can generate profits in an environment where the S&P 500 hasn’t seen gains. Forecast market Kalshi data shows that the probability of an economic recession in 2026 is currently 24%, down 10 percentage points from the past 30 days. Visser’s view contrasts with the increasingly bearish expectations in the current crypto industry, with some people expecting Bitcoin to fall below the year-to-date low of $60,000 on February 6. Veteran trader Peter Brandt said on March 31 that this year Bitcoin may retest, or even be slightly below, that price level again in September or October, which would then be the low point of this bear market.
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