Bitcoin: Targets Macro Breakout Above $77k | Flash News Detail | Blockchain.News
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4/21/2026 12:39:00 PM

Bitcoin: Targets Macro Breakout Above $77k

Bitcoin: Targets Macro Breakout Above $77k

Bitcoin tests macro resistance at $77.6k after 100-Day SMA support, eyeing rally to $87.5k if bulls break key levels in BTC price prediction.

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Bitcoin traders watch closely as $BTC rebounds from back-to-back tests at the 100-Day SMA, with both Trend Precognition algorithms flipping bullish on the daily chart. The crypto king pushes to shatter macro structure after a wick to roughly $77k, but stacked resistance looms large: the 21-Week SMA at $77.6k, Q2 2025 Timescape level near $78.3k, top of the Bear Flag at $79k, and psychological barrier at $80k. Bulls nailing weekly closes above these could diverge from the 2022 fractal, trash the Bear Flag, confirm the Cup & Handle pattern, and propel a surge to the Yearly Open around $87.5k—a move that echoes historical Bitcoin Cup and Handle pattern examples from the past year, where similar setups preceded sharp rallies amid broader crypto market volatility.

Technical Confluence on 4H Chart

Price action on the 4-hour Bitcoin chart screams controlled bullish momentum, trading at $76,028.57 well above the EMA200 support at $72,072.58 while hugging the EMA50 at $74,830.42 as a dynamic floor. MACD's golden cross at 254.75 fuels this uptrend strength, yet with RSI at a neutral 54.38, we're not overbought—price dances inside Bollinger Bands, testing upper resistance at $76,858.36 that could cap gains short-term before a dip to lower support near $74,269.28 refreshes buyers for the next leg up, aligning perfectly with BTC price prediction models eyeing macro breaks amid hype around assets like TAO in the broader crypto ecosystem.


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