Bitcoin Hits $78,000 Milestone | Flash News Detail | Blockchain.News
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4/17/2026 3:01:00 PM

Bitcoin Hits $78,000 Milestone

Bitcoin Hits $78,000 Milestone

Bitcoin surges to $78,000, up $18,000 from February low and outperforming S&P 500 and Nasdaq with 20% gains amid bullish BTC price prediction trends.

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Bitcoin just smashed through $78,000 for the first time since February 3rd, marking a sharp rebound with gains of $18,000 from the February 6th bottom and $13,000 from the March 31st dip. This surge outpaces traditional markets, as Bitcoin climbed 20% from March lows while the S&P 500 rose 11.51% and Nasdaq gained 16.96%, underscoring crypto's edge in volatile times amid ongoing BTC price prediction buzz and hype around assets like TAO in the broader market.

From a technical confluence standpoint, Bitcoin's 4-hour chart screams sustained bullish momentum with price action at $77,874.45 testing the upper volatility band resistance near $77,167.44, backed by a golden cross in MACD at 976.99 signaling strong trend strength. The EMA50 at $73,514.04 and EMA200 at $70,878.41 act as rock-solid long-term supports, but with RSI hitting an overbought 74.04, expect a tactical pullback to that 50-EMA level before bulls reload for another push, especially as lower support at $72,823.08 holds firm against any crypto market crash fears.


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