BITCOIN Can this 4H Death Cross drop it to $55550?Bitcoin (BTCUSD) has been trading within a Channel Down since the March 17 local High and only a week ago it formed a 4H Death Cross. The last time this formation emerged was on January 25, during BTC's previous Channel Down that led to a sharp decline, the Bear Cycle's 2nd Bearish Leg.
As a result
Key facts today
BTCUSD topped ~$73,130 after a bullish flag breakout, trading above $72k and the 100‑hour SMA. Immediate resistance near $73,250, then $74k–$75k. Support at $71,500, $70k, major near $69,500.
BTCUSD shows bottom signals: Sharpe Ratio near −40, Buy/Sell Pressure Delta easing toward buy zone; macro conditions and liquidity remain key risks for traders.
Long-term Bitcoin holders net bought ~88,000 BTC over 30 days to April 9, raising cohort balances to ~4.5M BTC. Short-term Sharpe at -40; 30-day buy-sell pressure near neutral.
Key stats
About Bitcoin
Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.
Related coins
BTCUSD – Market Bullish AnalysisBTCUSD – Market Structure Analysis
Following a prolonged corrective phase, Bitcoin established a consolidation base, indicating a period of accumulation. The recent impulsive move to the upside suggests a shift in market sentiment, with price breaking above short-term resistance and confirming early
Bitcoin just broke something BIG!Good morning, traders☀️🌴
On the 4-hour chart, BTC impulsively broke the local trendline that was holding price down since mid-March.
Not only that — price also pushed above the EMA 100.
Right now, we’re seeing a pause at the EMA 200 — key level.
If this holds, I’m expecting a move toward 70,300.
A
BTCUSD Bearish Rejection from Trendline Breakdown TargetThe chart shows Bitcoin on the 2H timeframe moving within an overall **downtrend**, clearly respected by a strong descending **trendline resistance**. Price recently pushed upward but failed to break this trendline, forming a **clear rejection near 69,500–70,000**.
After the rejection:
* Price dro
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Why Confirmation Is More Important Than PredictionMany traders approach the market with a forecasting mindset. They try to determine where price will go next, often forming strong opinions about direction before the market reveals its intent.
Prediction feels attractive because it creates the illusion of control. If a trader can anticipate the nex
BTCUSD: From Rejection to Expansion — A Bullish SetupBTCUSD is no longer about whether it will go down or not — it’s about how the market is preparing to move higher.
Looking at the chart, the key isn’t the descending trendline itself, but how price is reacting to it. Each rejection shows weaker selling pressure, and more importantly, the bounce from
BTCUSD: We are exactly halfway through the Bear Cycle.Bitcoin remains extremely bearish on its 1W technical outlook (RSI = 36.027, MACD = -9332.300, ADX = 26.249) despite the consolidation of the past 2 months. One would assume that would make the market neutral but being in a Bear Cycle, this consolidation is simply an accumulation period for sellers.
BTC Weekly Outlook 06/04/2026COINBASE:BTCUSD
It looks like the current most probable scenario for #BTC is to continue lower to complete the sequence, with a potential local bottom around $62.5K
From there, we should see a tradable upside move with the main targets at $70.1K (minor) and $72K (major)
Disrespecting 4h-OB will
BITCOIN 2026 vs 2022 Channel Down: A perfect symmetry.Bitcoin (BTCUSD) has been trading within a Channel Down since the very start of this Channel Down in October. Right now it appears to be within the consolidation phase that is about to start the 3rd Bearish Leg of the pattern.
The Channel Down is not an uncommon pattern during Bear Cycles as the ve
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Discover funds exposed to Bitcoin and find another way to access the coin.
Frequently asked questions
The current price of Bitcoin (BTC) is 72,670 USD — it has fallen −0.07% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing BTC price chart.
The current market capitalization of Bitcoin (BTC) is 1.45 T USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Bitcoin (BTC) trading volume in 24 hours is 39.71 B USD. See how often other coins are traded in this list.
Bitcoin price has risen by 7.27% over the last week, its month performance shows a 2.56% increase, and as for the last year, Bitcoin has decreased by −12.02%. See more dynamics on BTC price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Bitcoin (BTC) reached its highest price on Oct 6, 2025 — it amounted to 126,272 USD. Find more insights on the BTC price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Bitcoin (BTC) reached the lowest price of 2 USD on Oct 20, 2011. View more Bitcoin dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Bitcoin (BTC) is 20.01 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Bitcoin has the limit of 21.00 M coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying BTC is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade BTC right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Bitcoin (BTC): today its technical analysis shows the buy signal, and according to the 1 week rating BTC shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's neutral. Find inspiration in Bitcoin trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Bitcoin (BTC) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Bitcoin is estimated as 2.66% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Bitcoin, you can find more inspiration in our curated watchlists.
You can discuss Bitcoin (BTC) with other users in our public chats, Minds or in the comments to Ideas.









