📊 Market Update: Q1 Recap & Geopolitical Winds
The first quarter of 2026 is officially in the books, and it’s been a rollercoaster. Despite a late-season recovery, the macro view for Q1 shows the impact of a heavy winter:
$BTC : Closed Q1 down 22%.
$ETH : Closed Q1 down 29%.
BUT March finally broke the bleeding cycle. BTC snapped a 5-month losing streak with a +2% monthly close, while ETH ended a brutal 6-month slide with a +7% bounce.
BTC is currently knocking on the door of $70k.
- Resistance: $70,000.
- Target: a breakout here clears the path to $75,000.
However, technicals are taking a backseat to geopolitics. All eyes are on the Fed’s upcoming statements and the escalating tension in the Middle East. With the UAE reportedly considering involvement in a forceful reopening of the Strait of Hormuz, energy prices and global risk appetite are on a knife-edge.
The US Department of Justice has officially declared war on crypto manipulation. Charges have been filed against 10 executives from Gotbit, Vortex, Antier, and Contrarian.
In a landmark move for state-level adoption, New Hampshire is set to issue $100M in bonds backed by Bitcoin. This is a massive "proof of concept" for $BTC as a legitimate collateral asset for government debt.
What’s your play for April? Are we breaking $70k or is the geopolitical noise too loud?