Bitcoin and Ether are approaching price levels that could mark a trend reversal this year, macro analyst Jordi Visser said, even as many in the industry expect a continued bear market. Visser told Anthony Pompliano on his podcast that sustained moves above $76,000 for Bitcoin and $2,400 for Ethereum would signal the start of a durable upward trend, adding that he does not expect a recession.
At the time of Visser’s remarks, Bitcoin traded around $71,646, so a rise to $76,000 would be roughly a 6.1% gain; Ether rising to $2,400 would be about an 8% increase, according to CoinMarketCap data.
Prediction market Kalshi reflects a similar macro view, pricing a roughly 24% chance of a recession in 2026, a probability that has fallen about 10 percentage points over the past 30 days. Visser said he expects inflation to remain elevated and that investors will seek assets that generate returns in a market where the S&P 500 is stagnant.
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index rose 3.3% year-over-year in April, underscoring the persistent inflationary backdrop Visser referenced.
Visser’s stance runs counter to some market participants who forecast further downside for crypto in 2026, with a few predicting Bitcoin could revisit or drop below the Feb. 6 yearly low near $60,000. Veteran trader Peter Brandt has suggested Bitcoin might retest or move slightly below the low later in the year, which he would consider the bear-cycle bottom.
Visser also said he is wary of rigidly labeling Bitcoin price action as bull or bear markets, particularly when prices are at or near all-time highs, noting markets often go through periods of less investor participation after extended rises.
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