NewsBTC •
April 16, 2026 at 02:40 •
Analysis
Bitcoin price started a fresh surge and cleared the $74,500 zone. BTC is consolidating and might aim for more gains above the $75,000 level. Bitcoin managed to stay above $73,500 and started a fresh increase. The price is trading above $74,000 and the 100 hourly simple moving average. There is a declining channel forming with resistance at $75,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $73,650 and $73,300 levels. Bitcoin Price Aims for Steady Gains Bitcoin price found support near $73,000 and started a fresh increase. BTC gained pace for a move above the $73,500 and $73,650 resistance levels. The last swing high was formed at $76,088 before there was a downside correction. The price dipped be...
