Bitcoin: Cracks 7-Month Ceiling | Flash News Detail | Blockchain.News
Latest Update
4/17/2026 9:12:00 PM

Bitcoin: Cracks 7-Month Ceiling

Bitcoin: Cracks 7-Month Ceiling

Bitcoin surges past 7-month high at $77,384, eyeing further gains amid bullish trends and BTC price prediction momentum.

Source
...

Bitcoin just shattered its 7-month price ceiling, trading at $77,384.02 as bulls dominate the crypto market. This breakout aligns with surging interest in BTC and related assets like TAO, fueling speculation on whether the rally can sustain amid volatile conditions. Traders eye BTC price prediction models pointing to potential upside, especially as institutional flows ramp up in a landscape avoiding a full crypto market crash.

From a technical confluence standpoint, Bitcoin's 4-hour chart screams bullish conviction with price hugging the upper Bollinger Band at $77,388.71, signaling volatility expansion but not yet exhaustion. The MACD's golden cross at 1011.42 confirms trend strength, while the EMA50 at $73,648.33 and EMA200 at $70,943.27 act as rock-solid supports for any pullback. RSI at 69.78 stays neutral, avoiding overbought territory, which sets up a clean path for continuation if buyers defend the lower band support near $72,761.38—expect a test there before pushing higher, classic setup for macro longs in this cycle.


Decrypt

@DecryptMedia

Delivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.