Fidelity Digital Assets said Bitcoin has fallen about 50% this market cycle, a smaller post-ATH drawdown than the historical 80% to 90% declines seen in past cycles. The firm's analyst Zack Wainwright added that cycle-to-cycle returns have shown "diminishing" moves, while separate analysts suggested a potential bottom window in late September or early October 2026 and noted BTC remains below key moving averages.

Glassnode said smaller Bitcoin holder cohorts shifted into distribution during the latest upswing, based on its Wallet Size Accumulation Trend Score. The <1 BTC and 1–10 BTC groups moved into heavy selling as BTC pushed toward $76,000, while the 1,000–10,000 BTC cohort only slightly crossed above neutral. BTC later traded around $66,700 after a pullback.

Bitcoin rebounded above $67,500 after basing over $65,500, but it is consolidating under $68,800 and may find it difficult to extend gains. BTC remains above $67,000 and the 100-hour SMA, with resistance clustered at $68,500–$68,800 and support seen at $67,000, $66,800, and $65,800.

Bitfarms (BITF) reported a $284.5 million net loss for 2025, citing weaker Bitcoin prices and elevated cost of revenue, while its shares still gained 6.6% on Tuesday. The miner said it is about five months into shifting from Bitcoin mining toward high-performance computing and AI, with a plan to rebrand to Keel Infrastructure on Wednesday and relocate its legal base from Canada to the US.

US Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act, which would create a certification for data centers that avoid equipment from “foreign adversaries.” The proposal seeks to shift chip and mining-rig production to the US and would also link a Strategic Bitcoin Reserve to coins mined at certified facilities.

Moody's Ratings has assigned provisional Ba2 ratings to as much as $100 million of bitcoin-backed taxable revenue bonds planned by the Business Finance Authority of the State of New Hampshire. The deal includes two classes due in 2029, with repayment reliant on BTC collateral and a mandatory redemption if collateral value hits the 1.40x LTV trigger.

Bitcoin [BTC] has stayed capped below $71K even as 1,635 BTC worth $110.7 million left major exchanges over the past week and fresh wallets added another 450 BTC ($30.08M) plus 1,000 BTC ($67.25M). The market remains range-bound between $64K support and $71K resistance, with overhead pressure from a descending trendline and the 50-day EMA near $71,040. On-chain and order-flow readings suggest accumulation and buyer absorption are ongoing, but price has yet to expand beyond the range.

The Crypto Fear and Greed Index is still in "extreme fear" at 11 and has stayed there for 12 straight days, after only a brief rebound from March 17 to March 18. Bitcoin has continued consolidating above the $60,000 support, while analysts point to muted sell pressure and signs that longer-term holders may be accumulating.