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Bitcoin drops 22% in Q1 2026 with support levels broken, traders watch for further moves.

Market News
23 Apr 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Bitcoin's price fell 22% in Q1 2026, breaking key support levels, according to ARK Invest's report. Despite the drop, long-term holders increased their Bitcoin holdings by 69%, suggesting potential for a market reversal. Traders are cautious as the Polymarket contract for Bitcoin at $60,000 in April shows low volume but offers a high return if reached. Market watchers will focus on Federal Reserve policies and institutional Bitcoin moves for future price direction.

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