Tune in at 3:30!

Is this time different for BTC? While $QQQ $SPY continue pushing toward new all-time highs, Bitcoin still sits roughly 36% below its peak. We break down prior cycles, compare where we are today, and look at what might be different this time. Watch below.

Today, Jerome Powell will deliver his last FOMC press conference as Federal Reserve Chair.

As institutional adoption accelerates, the conversation is shifting toward liquidity, capital efficiency, treasury strategy, and scalable execution. If you’re exploring OTC liquidity, derivatives, lending, or API-driven execution, connect with our team at @consensus2026.

We’ll be attending @TheBitcoinConf from April 27-29. If you’re looking to unlock liquidity, structure positions, or scale execution across OTC, derivatives, and lending, connect with our executive team.

$BTC - BITCOIN WHALES ACCUMULATE AT FASTEST PACE IN A YEAR Bitcoin “whales” added about 45,000 BTC last week, the largest weekly accumulation since July 2025, according to Cex. IO. Whales—wallets holding 100 to 10,000 BTC—bought in sync rather than separately, signaling stronger bullish momentum. Long-term holders have now accumulated over 1 million BTC in the past three months.

MORE TANKERS CROSSING HORMUZ THAN TRACKING SHOWS: DUNAND

Where is $BTC headed next? We mapped out the downside risk, short-term volatility, and the massive historical significance of the current moving average overlap. Don't get caught off guard. Get the data-driven insights from Secure Digital Markets.

$BTC testing 100D MA. $QQQ nearing ATH. Geopolitical uncertainty remains high.What happens next? Watch our weekly video to understand where markets may be heading.

SDM MarketBeat #007 — Apr 2 2026 $BTC holds steady near mid $60K despite rising geopolitical tension, showing relative strength vs broader risk assets. Macro pressure remains the key overhang, with firm USD and elevated yields limiting upside. Flows stay cautious and positioning light, as markets remain headline driven into the weekend.

SDM MarketBeat #006 — Apr 1 2026 $BTC holds in the mid-$60K range, with price action stabilizing as markets pause and wait for clearer macro direction. Sentiment remains cautious, as a strong USD and ongoing rate uncertainty continue to cap upside across risk assets. Positioning appears short-term and reactive, with limited conviction as participants wait for stronger signals. sdm.co/market-insights/daily…

SDM MarketBeat #005 — Mar 31 2026 $BTC is holding in the mid-$60K range as macro conditions continue to guide price action and limit upside momentum. ETF flows remain negative, pointing to steady institutional repositioning rather than panic selling, while funding rates are still positive, showing that long positioning hasn’t fully unwound. CME basis is continuing to compress, suggesting softer conviction and a growing preference for hedging as markets wait for clearer direction from upcoming macro catalysts. sdm.co/market-insights/daily…

SDM MarketBeat #004 — Mar 27 2026 $BTC extends downside, trading ~$66K as macro pressure persists. ETF flows show continued pressure with ~$3.4B in outflows, largest in weeks. sdm.co/market-insights/daily…

SDM MarketBeat #003 - Mar 26 2026 $BTC slides below $70K as risk-off takes hold. Funding 0.82%, CME basis 4.20%. #ETF outflows (-$3.31B) largest in six weeks. $TAO up 23.3%, amidst broad altcoin weakness. Core PCE tomorrow. Watch closely. sdm.co/market-insights/daily…

SDM MarketBeat #002 - Mar 25 2026 BTC reclaims $71K as risk-on returns. Funding 0.82%, CME basis 4.20%. ETF outflows (~$3.85B) look like rebalancing. TAO 32%, HYPE 5.84%, ADA 4.74%. Core PCE Thursday. sdm.co/market-insights/daily…

We produce high-quality research for our team and clients. Not sure why we haven’t been sharing it here. Starting now; daily drops. Starting with #001. Let us know what you think 👇 sdm.co/market-insights/daily…