Anibal_BTC(@Square-Creator-da4113be6fd1)'s insights

$BTC 24 of April 2026: BITCOIN (BTC) AND TREND FOR MAY:

Anibal_BTC · 2026-04-24T12:28:32.000Z

$BTC 24 of April 2026: BITCOIN (BTC) AND TREND FOR MAY: Bitcoin is in a fragile range around $78,000 USD. This zone has become a "psychological" and technical "wall" due to the confluence of geopolitical factors and liquidation dynamics in the market. Why it can't break above $78,000 The struggle to consistently break this level in recent days is due to three main reasons: Base Cost Resistance: Many short-term traders have their average buy price near $80,700. As the price approaches this level, selling pressure increases. Liquidation Wall: There are approximately $180 million in short positions concentrated just above $78,000. Big players ("whales") often defend these levels to avoid being liquidated, creating considerable bullish friction. Geopolitical Factors: Even though President Trump extended the ceasefire with Iran, the balance remains delicate. Any news about the closure of the Strait of Hormuz or tensions in the oil market directly impacts BTC as a risk asset. What will happen (Short-term Scenarios) Analysts suggest that Bitcoin is at an imminent tipping point: Bullish Breakout: If it manages to close a daily candlestick strongly above $78,200, a rapid move towards $80,000 - $80,700 is expected, driven by the forced closure of short positions. Correction or Sideways Range: If it fails to break above $78,000 repeatedly, the price could pull back to seek support in the $75,000 to $75,700 zone, where there is strong accumulated buying interest. Trend for May: A more favorable market environment is anticipated for May, with possible rate cuts and advancements in crypto market structure laws, which could consolidate a new bullish cycle.$ETH $BNB