Macro analyst Jordi Visser argues Bitcoin and Ether are near levels that could signal a sustainable 2026 trend reversal, despite a widespread bear market consensus. He stated that if Bitcoin trades above $76,000 while Ether surpasses $2,400, it could indicate a move that will be sustainable due to his expectation of no recession. This perspective challenges forecasts from others, like veteran trader Peter Brandt, who predicts Bitcoin may retest or fall below its yearly low of $60,000 later in 2026.
Macro analyst Jordi Visser outlined specific price levels that could signal a reversal for Bitcoin and Ether this year. He said on a podcast published on Friday that “If we trade above $76,000 and at the same time we see Ethereum above $2,400, I believe that is the beginning of a move that will be sustainable this year because I don’t think we’re going to have a recession.” A move to $76,000 would represent an increase of approximately 6.1% from Bitcoin’s current price, while Ether’s move to $2,400 would be an increase of around 8%.
Visser’s outlook aligns with probability markets, where traders are pricing a declining chance of a recession. He believes inflation will remain elevated, necessitating assets that perform well. The U.S. Bureau of Labor Statistics reported that the Consumer Price Index rose 3.3% year-over-year in April.
This view directly challenges growing bearish sentiment across the cryptocurrency industry. Some analysts anticipate more downside in 2026, even calling for Bitcoin to move below its yearly low. On March 31, veteran trader Peter Brandt forecasted that Bitcoin could retest or move “slightly lower” than its Feb. 6 price level of $60,000 in September or October. Brandt stated that “That would then be the bear cycle low.”
Visser explained he has never been a “big fan” of labeling Bitcoin trends as bull or bear markets, especially when prices are at all-time highs. He noted that prices go up and then the normal course is that investment eventually slows. His comments provide a counterpoint to prevailing negative forecasts for the remainder of the year.
