The Bitcoin price is currently sitting on a key support trendline that could determine its next major move. According to a crypto analyst, a breakout from this level could lead to two possible scenarios. On the bullish side, the cryptocurrency could extend its recent price recovery and push higher. However, in a bearish scenario, the analyst predicts a steep decline, with price possibly revisiting $68,000. Given the significance of this trendline, analysts and traders are closely watching to see how Bitcoin will react here. Bitcoin Price Sits At Critical Make Or Break Trendline Crypto market analyst Ardi has presented another compelling Bitcoin price analysis on X. However, this time, he has outlined two potential price scenarios for the flagship cryptocurrency. While others believe that Bitcoin may have entered bullish territory following its surge above $79,000, Ardi still maintains a cautious stance even as he projects possible bullish scenarios. Related Reading: Bitcoin Has Entered A Bull Market And Will Continue To Rise; Analyst Shares Why In his post, Ardi noted that the Bitcoin price is currently sitting at a critical technical area where two key support levels are converging. He said that these supports include an established ascending trendline pointing toward $79,418 and a liquidity zone around the $77,300 level. According to him, this ascending trendline has guided Bitcoin’s price action since it reached $65,000 in early April. The chart also clearly shows that every major swing high within BTC’s latest recovery has respected this trendline, making it a consistently tested support area throughout the upward move. As a result, Ardi emphasized that this trendline has become a critical zone for the market to watch, especially as Bitcoin is now approaching a decisive point where price could either break above or below the support. He also noted that every rally since the $65,000 level was gained from key liquidity zones found on this ascending trendline. Because of this, he believes that as long as the trendline holds, Bitcoin’s broader bullish structure will remain intact. Moreover, if the cryptocurrency can break above the trendline at $79,410, it could extend its move higher. Analyst Predicts Possible Price Flush To $68,000 For his bearish outlook, Ardi explained that if Bitcoin loses the $77,300 support level, it could mark the first clear breakdown toward a decline to lower levels. He noted that this would invalidate BTC’s bullish structure and signal a major shift in momentum. Related Reading: Analyst Predicts Bitcoin Price Is Going To $200,000, Reveals When To Buy From there, he expects BTC’s price to move into deeper liquidity pockets below current levels. He pointed to a potential healthy retest around $76,000, followed by a pullback near $73,600 if selling pressure persists. If Bitcoin breaks this area, he believes that the cryptocurrency could turn bearish, potentially driving the price back toward $68,000. Featured image from Pixabay, chart from Tradingview.com
The rallies bolster regime stability, reducing the likelihood of significant political change and impacting opposition movements' momentum.
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Powell's optimism suggests limited rate cuts, but geopolitical tensions or economic shifts could alter the Fed's current stance.
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Amazon's investment in AI chips could reshape the competitive landscape, potentially challenging Nvidia's dominance by mid-year.
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Warsh's potential confirmation as Fed Chair could shift monetary policy direction, impacting financial markets and economic stability.
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The surge in blockchain-based private credit highlights growing institutional interest, potentially boosting Ethereum's long-term value if adoption rises.
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The conflict's financial burden heightens inflation concerns, limiting the Fed's flexibility for rate cuts and impacting economic stability.
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Rising international pressure on Israel may destabilize Netanyahu's political standing, complicating peace efforts and regional stability.
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The stalled US-Iran talks heighten geopolitical tensions, impacting global oil markets and increasing uncertainty in diplomatic relations.
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Bitcoin is holding above $76,000 as the market tests resistance, and bulls attempt to build the momentum needed for the next leg higher. The price is constructive. The order book above it is not cooperating. Data from CoinGlass shows that the sell wall between $80,500 and $82,000 has been in place for over 24 hours. The orders are large, evenly spaced at approximately $3.3 million intervals, and they have not moved. In order book analysis, that combination — scale, spacing, and persistence — is the fingerprint of deliberate placement rather than coincidental accumulation. Spoofs disappear within minutes. This wall has survived a full trading day and is still there. Related Reading: Crypto Traders Just Moved $100 Billion In Gold Volume: Find Out What Is Driving The Rush The picture below shows that the current price adds a layer of complexity to the straightforward bearish reading of the supply overhead. Bids are stacking meaningfully around $76,800 and throughout the $75,000 to $76,000 zone — a demand cluster building beneath Bitcoin, at the same time, a supply cluster is holding firm above it. The market is being compressed from both directions simultaneously. That compression is the setup that defines the current moment. A wall of persistent selling above. A cushion of building demand below. Bitcoin caught between them, holding $76,000, with the next decisive move depending entirely on which side of the order book proves stronger when the pressure resolves. The Wall Has Not Moved. That Is the Point The CoinGlass analysis cuts through the most common objection to reading persistent order book levels as meaningful signals. Individual orders can be pulled, replaced, or refreshed at any moment — that is the nature of a dynamic order book, and it means no single order should be treated as a commitment. That is not what makes the current setup significant. What makes it significant is the zone itself. The $80,500 to $82,000 range has remained consistently occupied by large, evenly spaced sell orders for over 24 hours — not because the same orders have been sitting untouched, but because whatever orders were removed have been replaced by orders of similar size in similar positions. The zone is being actively maintained. Someone, or multiple coordinated participants, is ensuring that a visible supply continues to exist in this specific area, regardless of what happens to the individual orders within it. That distinction matters enormously for how the current resistance should be interpreted. A cluster of orders that appears once and disappears is noise — it could be a spoof, a momentary imbalance, or a participant who changed their mind. A zone that remains consistently populated over an extended period is a statement. It reflects participants who want that supply to be visible, who want the market to know that selling interest exists at those levels, and who are willing to maintain that appearance through a full trading day and beyond. The question the data cannot answer — and the one the article must address — is why. Control, defense, pressure, or a test of real demand. The wall is real. The motivation behind it is what determines how the next move resolves. Related Reading: Binance Ethereum Supply Hits 2020 Levels While Staking Locks A Third: Repricing Ahead? Bitcoin Holds Above Reclaimed Range as Resistance Approaches Bitcoin is trading near $77,500 on the daily chart, maintaining strength after reclaiming the $74,000–$75,000 range that previously acted as resistance. That zone now functions as support, and the structure since early April shows a clear shift: higher highs and higher lows have replaced the choppy, directionless behavior seen through March. The recovery from the February capitulation near $62,000 was aggressive, supported by a strong volume spike that marked a clear exhaustion of sellers. Since then, volume has normalized, but price has continued to grind higher — a constructive sign that demand remains present even without panic-driven flows. Related Reading: XRP’s Recovery Is Real, But The Risk Appetite Behind It Is Still Broken – Analyst Technically, Bitcoin is now pressing into the $78,000–$80,000 region, where previous breakdowns occurred and where the 100-day moving average is beginning to flatten overhead. The 200-day moving average sits lower, around the reclaimed range, reinforcing the $74,000 area as a key structural support. Momentum is positive but slowing. The recent candles show smaller bodies and wicks on both sides, indicating hesitation as the price approaches resistance. If Bitcoin consolidates above $74,000, the structure supports a breakout attempt toward $82,000. Losing that level would weaken the trend and risk a move back into the prior range. Featured image from ChatGPT, chart from TradingView.com
Increased diplomatic engagement with Iran could reduce military tensions, impacting geopolitical stability and market dynamics.
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The UN's rejection of Iran's toll plan underscores geopolitical tensions, potentially affecting global oil markets and maritime security dynamics.
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Coinbase's early support for MegaETH deposits suggests strong market confidence, potentially influencing future token launch strategies.
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Market volatility highlights the sensitivity to potential Fed leadership changes, impacting investor confidence and economic stability.
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Geopolitical tensions may lead to tighter monetary policy, impacting global markets and economic stability through increased inflation risks.
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The drone strike exacerbates tensions, diminishing prospects for a ceasefire and highlighting the fragility of diplomatic resolutions.
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Bitcoin dropped under $75,000 after FOMC minutes showed the US Federal Reserve holding interest rates and expressing slight concerns over inflation and the war in Iran.
The market's skepticism highlights the challenges new tokens face in achieving high valuations without broader exchange support or significant catalysts.
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Alphabet and Microsoft crushed Q1 estimates on the same day, with Google Cloud up 63% and Microsoft's AI business hitting a $37 billion run rate.
Tether has moved to combine bitcoin treasury, mining, and financial services under one roof.
The Fed's rate decision highlights macroeconomic uncertainty, dampening Bitcoin's short-term rally prospects amid geopolitical tensions.
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It will be worth watching whether the ZCSH ETF can sustain over $2 million in daily volume into the new month.
Alphabet's cloud growth highlights its potential market influence, yet NVIDIA's dominance remains largely unchallenged in the short term.
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Western Union’s decision to build on Solana isn’t just another stablecoin integration, but a signal that the foundations of global payments may be starting to shift. For decades, Western Union has been synonymous with cross-border money movement, built on a network of intermediaries, settlement layers, and regional constraints. Behind the surface, this move suggests a potential shift in how global payment infrastructure is being built, upgraded, and ultimately replaced. How Solana Could Fit Into The Future Of Global Money Movement Western Union’s decision to build USDPT on Solana is more than just another stablecoin headline; it’s a signal that the role of stablecoins is moving from crypto narrative to real payment infrastructure. The CEO of MEXC and Honorary Chairman of MVenturesLabs, Vugar Usi, has pointed out on X that for years, stablecoins have mainly been seen as trading tools, and were a way for traders to move capital faster, manage liquidity, and reduce friction in crypto. Related Reading: Solana Prepares For The Quantum Era: Foundation Details Step-By-Step Transition However, when a global remittance giant begins building a dollar-based payment token on SOL, the narrative shifts from trading utility to real-world infrastructure. This is no longer about traders optimizing capital flow, but about real-world settlement, treasury management, and cross-border payments operating on new rails. Furthermore, it’s about replacing slow, fragmented financial rails with infrastructure that operates seamlessly in the background. In Vugar Usi’s view, SOL is validated as a payment rail, and stablecoins as a real financial infrastructure. Thus, exchanges should be ready with liquidity, access, education, and simple user journeys. For platforms like MEXC, this shift carries clear implications, because adoption does not always arrive loudly. Sometimes, it arrives through better rails, faster settlement, and fewer reasons for users to care about the backend. If these rails disappear, that’s when crypto will win. Is Solana Entering The Kind Of Zone Where Reversals Begin? Solana is going through one of those moments that tend to define the market cycle. Crypto analyst Robert revealed that SOL price has taken a severe hit, down 71% from its 2025 all-time high (ATH). At the same time, Solana’s Net Unrealized Profit/Loss (NUPL) is sitting deep at 0.67 in full capitulation territory, a level that typically reflects that holders are sitting on heavy unrealized losses. Related Reading: Solana Foundation President Explains Why SOL Is Built For Unified Liquidity Data from Fidelity Investments suggests that historically, similar conditions have preceded strong rebounds, with a median of over 516% the following year. Meanwhile, they’re quick to emphasize the limitations of a small sample size, weak correction, and that past performance may not repeat itself. On the bright side, network usage is rising, with monthly active addresses up 50%, new addresses growing over 35%, and stablecoin flows are holding steady. However, this shift shows that real utility is building even as the price is down, but on-chain activity tells a more resilient story. Featured image from Freepik, chart from Tradingview.com
The indictment's market impact highlights the influence of legal proceedings on financial speculation and procedural expectations.
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The closure heightens geopolitical tensions, potentially disrupting global oil markets and increasing the risk of military conflict.
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Bennett's plan highlights potential political instability, with market skepticism indicating challenges in shifting leadership dynamics swiftly.
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Amazon's stock decline highlights investor concerns over its strategies, potentially easing NVIDIA's path to becoming the market cap leader.
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Amazon's strong earnings could challenge NVIDIA's market cap dominance, influencing trader sentiment and future market dynamics.
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