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Bitcoin just hit another milestone and the hype is real! While altcoins come and go with flashy promises, BTC continues to prove why it remains the undisputed leader of the crypto market.
With institutional adoption at an all-time high, nation-states adding BTC to their reserves, and ETFs pulling in billions, Bitcoin is no longer just"DIGITAL GOLD" it’s becoming a global reserve asset.
What makes BTC special?
Fixed supply of 21 million coins
Decentralized & censorship-resistant
Battle-tested for over 17 years
Highest liquidity and security in the industry
Even during bear markets, Bitcoin has always come back stronger. The halving cycles, network growth, and Lightning Network adoption show that the fundamentals are rock solid.
Altcoins may give 10x pumps, but Bitcoin gives stability + long-term wealth preservation. Smart money is still rotating into BTC.
Are you still stacking sats in 2026? Or are you chasing the next shiny meme coin?
Drop your BTC price prediction for end of 2026 in the comments .
#Bitcoin #BTC #Crypto #BinanceSquare #CryptoNewsCommunity

The BCMI indicates that #Bitcoin may now be close to a region that often translates to deep undervaluation.
Bitcoin has rebounded from its April 12 low of $70,500 to trade at $77,982, marking a 10% recovery. Amid the recent price action, Woominkyu, a verified analyst at CryptoQuant, pointed out that the Bitcoin Combined Market Index (BCMI) shows Bitcoin may be testing a historical pivot zone. 
Key Points
The BCMI suggests Bitcoin may be retesting a historical pivot zone.This index sits between 0.2 and 0.3, placing Bitcoin within a historically undervalued range.The SMA(90) is still trending downward, and only a flattening would confirm that selling pressure has eased.Bitcoin sees derivatives conditions that historically led to upward moves in over 80% of cases.
BCMI Shows Bitcoin Undervaluation
Woominkyu noted that the BCMI combines MVRV, NUPL, SOPR, and Fear & Greed indicators into a single reading. This makes it easier to understand overall market conditions, including profitability and sentiment. In general, higher values suggest the market may be overheating, while lower levels indicate undervaluation.
According to the analyst, the BCMI has dropped into the 0.2 to 0.3 range. Chart data places it at exactly 0.33. Earlier, on April 12, the index stood at 0.2969 when Bitcoin corrected to $70,500. While prices have since recovered, the index has only moved up gradually to 0.33.

Market Value and Sentiment at 2023 Levels
In addition, he stressed that the current figures involving the individual data points for the NUPL (25%) and the MVRV ratio (30%) show that the recent correction has reset market value and investor sentiment to levels last seen in early 2023.
At the moment, the MVRV ratio sits at 1.38, which suggests the market is in a healthy growth phase rather than being overvalued. The NUPL stands at 0.24, showing that investors are still holding moderate unrealized profits. 
However, Woominkyu also pointed out that the SMA(90) line is still trending downward. He explained that this trend needs to flatten before traders can say that selling pressure has fully eased.
Where Next for Bitcoin?
Considering these signals, Woominkyu believes Bitcoin is entering what he calls a value-accumulation zone. In this phase, the downside risk appears to be more limited compared to the long-term upside. 
However, he advised that traders remain cautious and wait for clearer signs of price stability before confirming that the market has reached a bottom.
Elsewhere, Michaël van de Poppe observed that Bitcoin funding rates have turned negative, while most options traders are holding put positions. 

According to him, similar situations have happened before and, in more than 80% of those cases, the market moved upward afterward. These moves often led to a wave of short liquidations.
He also pointed out that Bitcoin is currently facing a resistance zone that many traders expect to hold and push prices lower. As a result, most traders are preparing for further downside. 
However, this kind of one-sided expectation can sometimes lead to the opposite outcome. According to van de Poppe, when markets like the Nasdaq move higher, Bitcoin typically follows with stronger moves, and the current situation may not be different.
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#Bitcoin is struggling around a familiar resistance level, as earlier bullish momentum has faded, but the chances of forging ahead remain.
Bitcoin is showing a familiar bullish signal, and the past few days have proved this. The largest cryptocurrency by market cap has demonstrated resilience lately, overcoming early-month setbacks to regain higher prices.
On Tuesday, it rallied to a high of $76,100, its highest price since early February. From the lows of $65,692 this month, this reflected a 15.8% price growth. Currently, BTC has retained just 8.45% of that, as its price has pulled back considerably from the high.
Bitcoin Price Analysis
Yesterday’s intraday high saw Bitcoin (BTC) reclaim a familiar resistance level: the $75,000 mark. It surged past this supply zone to $76,100 but failed to close above it on the daily chart. The selling pressure around the area proved too strong for bulls, pulling the asset’s price to a close at $74,164.

Meanwhile, this is not the first time Bitcoin has failed in its attempt to break this resistance. The premier asset also reached $76,000 on March 17 but met a similar supply wall, forcing an even larger correction than yesterday, down to $73,920.
Stalling at the exact $75,000 resistance not only suggests the market is not yet ready for higher prices but also reemphasizes its importance. The strength gathered after last month’s rejection was not enough to breach the stronghold resistance, putting Bitcoin at risk of dropping lower again.
Interestingly, Bitcoin was not up against this familiar resistance alone but also the 100-day simple moving average (SMA). This dynamic indicator sits at $94,935, joining forces with the usual supply wall around the zone to frustrate bulls.
Failing to clear this resistance puts the Bitcoin price at risk of falling back into the $68,000-$65,000 price range, with the 50-day MA at $69,680 serving as potential support.
$85,000 Still in Sight
Nonetheless, the chances of Bitcoin rallying higher remain. The crypto leader continues to hold the micro support level at $72,000, as identified by analyst Michael van de Poppe. Notably, BTC trades at $74,036 at the time of writing.
Holding $72,000 allows Bitcoin to build the momentum to break the $75,000 resistance. When it closes above the area with strong volume, it could target much higher prices.
Van de Poppe identified the $80,000-$85,000 range as the possible target, claiming it could happen before the end of April. The move would see BTC reclaim levels not seen since late January.
Meanwhile, daily RSI stands at 60.74, indicating that there is still room for further upside before entering the overbought territory above 75. The MACD also signals bullish momentum, with large green histograms not hinting at an imminent price reversal. Additionally, the MACD line at 1,201.91 is well above the signal line at 590.84, supporting bullish price action.
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