NewsBTC •
April 16, 2026 at 03:20 •
Analysis
Bitcoin has faced strong rejection around the $76,000 resistance zone, signaling that bullish momentum is beginning to fade at higher levels. With selling pressure increasing and key support levels now in focus, the market is entering a critical phase where a breakdown could start to take shape if buyers fail to regain control. Rejection At $74,000–$76,000 Caps Bitcoin’s Momentum Bitcoin faced a firm rejection after pushing into the $74,000–$76,000 resistance zone, highlighting strong selling pressure at the top of the range. The inability to sustain momentum above this region suggests that bulls are struggling to take full control, leaving price vulnerable to short-term pullbacks. Related Reading: Why Every Bitcoin Macro Triangle Breakdown Has Led To A Retracement P...
