{"id":81473,"date":"2026-04-16T14:03:30","date_gmt":"2026-04-16T14:03:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=81473"},"modified":"2026-04-16T14:03:30","modified_gmt":"2026-04-16T14:03:30","slug":"bitcoin-btc-rebounds-12-in-2-weeks-yet-analyst-believes-the-max-pain-could-be-on-the-way","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=81473","title":{"rendered":"Bitcoin (BTC) Rebounds 12% in 2 Weeks, Yet Analyst Believes The \u2018Max Pain\u2019 Could be on the Way"},"content":{"rendered":"
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Bitcoin (BTC) has staged a notable recovery over the past 14 days, with its price hovering around $75,000.<\/p>\n

One of the cryptocurrency\u2019s early supporters, though, warned that the bottom of the cycle is yet to be reached, predicting a major crash ahead.<\/p>\n

Prepare for \u2018Max Pain\u2019<\/h2>\n

Davinci Jeremie \u2013 the early Bitcoin advocate who went viral in 2013 for urging people to buy BTC at $1 \u2013 is among the latest crypto commentators to sound the alarm of a potential price crisis.<\/p>\n

He found similarities between the dump this February, when the asset\u2019s valuation suddenly plummeted<\/a> below $60,000 to the one from June 2022. Later on, the analyst alerted<\/a> traders and investors that \u201cthe max pain isn\u2019t in yet,\u201d foreseeing one capitulation event like the FTX crash before BTC tumbles to its cycle low.<\/p>\n

The meltdown of the once-leading crypto exchange occurred<\/a> in November 2022 and triggered a broader market collapse, massive liquidations, and reputational damage to the entire industry. BTC, for instance, briefly nosedived under $16,000.<\/p>\n

X user Chiefy also made a bearish forecast, claiming<\/a> that the asset could soon tumble to the $35,000-$38,000 range.\u00a0For their part, Doctor Profit described<\/a> the asset\u2019s resurgence as \u201ca large trap for the bulls,\u201d arguing that the real question now is how high the valuation can climb before a sharp correction sets in.<\/p>\n

\u2018Make-or-Break\u2019 Moment<\/h2>\n

The renowned analyst Ali Martinez added his name to the long list of people discussing Bitcoin\u2019s performance as of late. He believes<\/a> the asset is at \u201ca make-or-break\u201d point, claiming that for the third time in six months, BTC is testing the 100-day simple moving average (SMA) as resistance.<\/p>\n

He reminded that in October (right after the formation of that pattern) the price plunged by 30%. A similar thing happened at the start of the year when the valuation plunged by 39%.<\/p>\n

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\u201cToday: We are testing this exact level again. A third rejection here would be a major structural failure. It could trigger a triple top effect, potentially sending Bitcoin back down to the yearly low at $59,800,\u201d Martinez said.<\/p>\n<\/blockquote>\n

At the same time, the analyst claimed that closing above the 100-day SMA could open \u201ca direct path\u201d toward $80,000-$84,000 and confirm that \u201cthe macro correction might be over.\u201d<\/p>\n

The recent whale activity and the declining amount of coins stored on exchanges support the bullish scenario. Large investors have acquired 10,000 BTC (worth roughly $750 million at current rates) over the last 96 hours: a move that could stimulate smaller players to follow suit.<\/p>\n

Meanwhile, there are now fewer than 2.7 million coins situated on centralized exchanges, representing the lowest level since 2019. Such a development shows strong investor conviction and reduces immediate selling pressure.<\/p>\n

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\"BTC<\/a><\/dt>\n
BTC Exchange Reserve, Source: CryptoQuant<\/dd>\n<\/dl>\n<\/div>\n

The post Bitcoin (BTC) Rebounds 12% in 2 Weeks, Yet Analyst Believes The \u2018Max Pain\u2019 Could be on the Way<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) has staged a notable recovery over the past 14 days, with its price hovering around $75,000. One of the cryptocurrency\u2019s early supporters, though, warned that the bottom of the cycle is yet to be reached, predicting a major crash ahead. Prepare for \u2018Max Pain\u2019 Davinci Jeremie \u2013 the early Bitcoin advocate who went […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-81473","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/81473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=81473"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/81473\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}