NewsBTC •
April 13, 2026 at 07:20 •
Analysis
Over the last week, the Bitcoin bulls looked to have taken control of the price, eventually pushing it back above $73,000 again. There has been a slowdown since then, with bears trying to retest the $70,000 level over the weekend. For now, the bulls are still open, but there is still the possibility that the price will crash again. To that end, the Bitcoin price has an important support level to hold if the bulls are actually going to sustain the uptrend. The Magic Point For Bitcoin Lies At $70,500 After the initial rejection from the range highs, the Bitcoin price is now moving toward a crucial level. According to crypto analyst Max Trades, it is now moving toward the next major support level that bulls must maintain. This level lies just at $70,500, being the major...
