Bitcoin Holds Above $75,000 as Major Cryptocurrencies Trade Sideways Amid US-Iran Meeting Delay
Bitcoin remained above $75,000 while trading sideways alongside Ethereum, XRP, and Dogecoin following a delay in a U.S.-Iran meeting. Recent data showed significant trader liquidations and positive ETF inflows. Analysts offered varied perspectives on market cycles and trends.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)-Iran meeting. 11% drop. 39%.
-Iran meeting, Benzinga reported. 09 million, according to Coinglass data. 8 million, based on SoSoValue figures.
Top gainers over the past 24 hours included RaveDAO, MemeCore, and JUST. Quantitative trader KillaXBT stated that Bitcoin is still viewed as being in a mid-bear market cycle, roughly 212 days into its current phase. He suggested that downside pressure could extend into the second or third quarter, with a potential cycle bottom still several months away if past behavior repeats.
Analyst Ted Pillows pointed to the seasonal trend known as 'sell in May and go away,' noting that Bitcoin sometimes mirrors equity market seasonality during mid-cycle phases. He added that while this pattern has appeared in previous cycles, its reliability in crypto is inconsistent and should not be treated as a certainty.
Trader Jackis said the price continues to hold above key trendlines and has invalidated several bearish technical patterns, including prior wedge breakdown scenarios and fractal-based bearish comparisons.
Jackis emphasized that the current trend bias remains positive unless major support levels are decisively broken.
Key Facts
Story Timeline
5 events- 2026-04-21
Bitcoin, Ethereum, XRP, and Dogecoin trade sideways amid US-Iran meeting delay.
1 sourceBenzinga - 2026-04-20
Net inflows of $238.4 million from spot Bitcoin ETFs and $67.8 million from spot Ethereum ETFs.
1 sourceSoSoValue - Past 24 hours as of 2026-04-21
114,658 traders liquidated for $286.09 million.
1 sourceCoinglass - Past 24 hours as of 2026-04-21
Top gainers include RaveDAO, MemeCore, and JUST.
1 sourceBenzinga - Recent cycle phase
Bitcoin viewed as 212 days into mid-bear market cycle.
1 sourceKillaXBT
Potential Impact
- 01
Positive ETF inflows may support Bitcoin holding above $75,000 in the short term.
- 02
Continued sideways trading could stabilize investor sentiment amid geopolitical delays.
- 03
High liquidations could increase market volatility if downside pressure extends.
- 04
Seasonal trends might influence mid-cycle behavior, mirroring equities.
Transparency Panel
Related Stories
yna.co.krU.S. Halts Naval Escorts in Strait of Hormuz as Iran Enforces New Transit Rules
President Trump announced Tuesday that the United States would pause its days-old naval operation escorting ships through the Strait of Hormuz. The decision followed claims of great progress on a potential agreement and requests from Pakistan and other countries. Oil prices fell…
Jashuah / Wikimedia (CC BY-SA 3.0)Oil Prices Drop After Reports of U.S.-Iran Talks on Ending War and Reopening Strait of Hormuz
Oil prices dropped significantly following reports that the U.S. and Iran are close to a memorandum of understanding to halt fighting and begin nuclear talks. President Trump announced a pause in the U.S. naval escort operation in the Strait of Hormuz. Iran is expected to respond…
insidermonkey.comCrypto Firm World Liberty Financial Sues Investor Justin Sun Over Alleged Smear Campaign
World Liberty Financial, a cryptocurrency company founded by the Trump and Witkoff families, has filed a lawsuit accusing investor Justin Sun of conducting a smear campaign to harm its token's value. The suit claims Sun shorted the token in violation of agreements and used social…