Bitcoin Rally Faces First Test At $76K As Sellers Step In: Analysts

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NewsBTC • April 16, 2026 at 17:00 • Analysis
Daily profits from Bitcoin sales are climbing fast — and analysts say a key threshold could determine whether the current rally has legs or runs out of steam. Related Reading: ‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces Profit-Taking Still Below Danger Zone Realized daily profits are hovering around $500 million, according to blockchain data firm CryptoQuant. That number matters because $1 billion has historically marked the point where local price peaks tend to form. Reports from CryptoQuant indicate that if Bitcoin pushes closer to its realized price of $76,800, that $1 billion ceiling could be breached — and that is when selling pressure tends to build fast enough to stop a rally cold. Bitcoin touched $76,052 on Coinbase ...

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