In this video, we break down Bitcoin on the Daily, Daily & 1hr charts using Elliott Wave Theory. You’ll discover both bullish and bearish scenarios, plus the critical price levels and targets to watch.
Video by Koenz Trading.
"Start online trading with iqoption. Access stocks, forex, and crypto on a world-class platform. Sign up for a free demo account and master your tools today!"
Learn more >>
Bitcoin (BTC) is trading around $69,101.12 as of April 6, 2026, marking a recovery after a period of weekend volatility.
Buy Bitcoin >>
Bitcoin Insights Today
-Ceasefire Optimism: Prices jumped above $70,000 early Monday following reports of a potential 45-day ceasefire in the Iran conflict, providing a relief rally for risk assets.
-Short Squeeze: The sudden price bounce triggered nearly $273 million in bearish liquidations over the last 24 hours.
-ETF Inflows: U.S.-listed Bitcoin ETFs recorded over $360 million in fresh inflows, offering strong fundamental support despite broader macro uncertainty.
-Institutional Behavior: Data from Binance shows significant "whale" activity characterized by buying dips and selling into price rallies.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
