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Bitcoin BTC Market Analysis April 27, 2026
I mentioned before that this upward move is a rebound, and it is still on the way, running above the pink support zone. As long as the daily level (Figure 1) does not break below 70,761 and the lows move higher, breaking through the first resistance level at 84,330, this rebound can be viewed as the largest rebound in the downward process from 126,199 to 60k. Afterwards, wait for all short positions to be liquidated, then look for a position to go long!
Another possibility is that the daily chart (Figure 2) shows this upward wave directly piercing through 84,330 but failing to stabilize, liquidating all short positions early, and ending this rebound directly. Subsequently, the pullback may lack strength, and the 84,330 level could become the biggest resistance in the first half of this year. The highs will continue to be lowered, ultimately breaking below 60k! #比特币突破7.9万美元 $BTC