Bitcoin is currently trading near $78,000, showing resilience after a weekly rally of nearly 6%. While institutional demand remains high, the market is facing resistance near the $80,000 psychological barrier due to rising energy costs and geopolitical tension.
Bitcoin is pushing higher and the rally is not over yet. But how much higher can this actually go? In this video I walk through the daily chart structure, show you the Fibonacci target zone between 82K and 94K, and then open two tools that flagged this April strength weeks before it happened. The cycle analyzer and seasonality data both pointed to an April window for upside, and I show you what they say about the weeks ahead.
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Bitcoin BTC Price News & Insights Today 23-4-2026 - Technical analysis of BTC, on market structure, key support and resistance zones. Video by More #Crypto Online.
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Bitcoin Insights Today
-Macro Headwinds: Bullish momentum has been hindered by a surge in oil prices and rising government bond yields, which typically weigh on risk assets like crypto.
-Regulatory Watch: Over 100 crypto firms have urged the U.S. Senate to advance a market structure bill (the Clarity Act), which analysts view as a potential major catalyst if passed.
-U.S. Military Involvement: In a surprising development, reports surfaced today that the U.S. military is running its own Bitcoin node as a form of "power projection".
-Upcoming Volatility: A massive $13.5 billion options expiry is set to hit the market later this week, coinciding with pending SEC decisions on various crypto ETF filings.
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