Bitcoin traded within a clear trend-range structure, showing repeated Bitcoin breakouts that lacked follow-through. After breaking out from a downward channel early in the session, the BTC price formed an upward-moving channel, which also gave way to another brief upside move. Despite the strength, RSI signalled overbought conditions, and the Bitcoin price stalled near the $95,760 mark. MACD offered conflicting signals, flipping between Golden and Death Crosses throughout the day, highlighting indecision. BTC held within a tight range, with RSI hovering between 70 and 30, reflecting limited volatility. The session ultimately shaped into a trend-range day, where breakouts were weak but directional bias tilted upward.
Bitcoin Price Analysis for April 26, 2025
A downward-moving channel appeared in the price of BTC, which broke out to the upside at 03:40 UTC, supported by a Golden Cross of MACD. An upward-moving channel appeared in the price of BTC, which again broke out to the upside at 11:25 UTC, supported by a Golden Cross of MACD. Price spiked to the upside but failed to form a channel. In the meantime, at 12:00 UTC, RSI moved above the level of 70, indicating overbought market conditions and suggesting a reversal or at least a pullback in the price. Price marked the high of the day at $95,760.
A Death Cross appeared in the MACD at 12:50 UTC; another Death Cross appeared at 15:30 UTC. A Golden Cross appeared at 18:30 UTC. These indications in the MACD suggest that the price is in a range-bound market. BTC had already marked the low of the day at $92,855. The day is considered to be a trending range day where breakouts failed, but in the meantime, the price continued to move upward. The day is not as volatile. After giving the overbought market signal, RSI hovered between the levels of 70 and 30, suggesting extreme range-bound movement.
Bitcoin Price Prediction
In the early hours of 26th April, the price of BTC broke out to the upside from the converging triangle, which began forming yesterday at 01:15 UTC. But the upside Bitcoin breakout failed, and the price is again moving sideways. As the day is Saturday, most breakouts tend to fail, and spikes often reverse, because the U.S. market is closed and BTC is trading against the U.S. dollar. If the BTC price goes up, then the recent resistance should be $95,760, with support at $94,450.
Breakouts Fade, Weekend Caution
The Bitcoin price began April 26 with a failed breakout from a converging triangle, reverting to sideways movement. As it’s a Saturday, lower volume and lack of U.S. market participation increase the likelihood of failed spikes and weak follow-through. The immediate resistance stands at $95,760, while support is seen at $94,450. Unless a high-volume breakout confirms, BTC is likely to stay within this range. Traders should remain cautious, especially on weekends, and watch for MACD alignment and RSI extremes before acting. Until a clearer direction is developed, BTC remains range-bound, showing signs of consolidation rather than trend continuation.
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