April 13, 2026

Entering the new week 🗓️

🌐 GENERAL MARKET
➡️ Bitcoin retreated after testing above $73,000 over the weekend due to geopolitical pressure
➡️ Total market capitalization gave back some of its weekly gains
➡️ The Fear & Greed Index approached its peak last week; Still trying to stay in neutral territory
➡️ Market more resilient compared to previous weeks despite strong news flow

🌍 GEOPOLITICS
➡️ Islamabad negotiations ended in disagreement
➡️ The US side demanded the opening of the Strait of Hormuz, while Iran did not back down
➡️ Trump announced that the US Navy would initiate a blockade in the Strait of Hormuz
➡️ Initial reaction in the oil market was sharp: WTI and Brent prices saw rapid increases
➡️ A possible full blockade scenario carries the risk of a 10M+ barrel daily supply shock
➡️ The crypto market also came under pressure as global risk appetite decreased

BITCOIN (BTC)
➡️ BTC fluctuated in the $71,000 – $73,500 range
➡️ Shortly tested below $71,000 due to news flow
➡️ Still strong on a weekly basis: approximately 8-10% increase maintained
➡️ Institutional Demand is noteworthy: Strong buying from BlackRock continues
➡️ ETF inflows are positive, supply continues to be tight
➡️ According to analysts, the 85K-90K range is still on the table in the medium term

🔷 ETHEREUM & ALTCOINS
➡️ ETH and major altcoins retreated in correlation with BTC
➡️ Relative strength continues in privacy-focused coins
➡️ New examples of crypto's use in trading are noteworthy
➡️ The preference for BTC over stablecoins strengthened the "censorship resistance" theme

📋 HIGHLIGHTED DEVELOPMENTS
➡️ Tension escalated between the US and Iran, negotiation process suspended
➡️ The Strait of Hormuz decision directly affected the global energy market
➡️ Upward pressure on oil prices continues as of the beginning of the week
➡️ Institutional investors continue to use BTC as a hedge
➡️ The crypto market remains the center of price discovery over the weekend Continuing
➡️ SEC's crypto regulation meeting on April 16th is on the agenda

🔭
➡️ The market's direction in the short term is entirely dependent on news flow from Hormuz
➡️ Sharp rise in oil prices → inflationary pressure → pullback in risky assets
➡️ In this scenario, the 65K–67K support zone is critical for BTC
➡️ Alternative scenario: the market could recover quickly if diplomacy returns
➡️ In the long term, the underlying story remains strong: institutional demand + ETF flows + real use

The new week begins with high volatility and geopolitical risk. A cautious outlook is maintained in the short term, while a constructive outlook remains in the long term.
$BTC ‌$ETH ‌$GT ‌#GateSquareAprilPostingChallenge