BTC in Last Chance Saloon: Bears Ready to Trigger Major Breakdown? (April 2026 TA)
Source: TradingView
The weekly time frame shows that this surge for $BTC has added around $13,000 to the price in just four weeks. Is this the end of it, or is there one last big effort to come?
It’s only the beginning of the week, but the new candle has already taken on a bearish look. If the bulls are still to pull something out of the hat, they will need to make the $78,000 level new support, which along with $80,000 is the main resistance band until $90,000. Closing this week below this band would probably be a confirmation of the dip to come.
At the foot of the chart, the Stochastic RSI indicator lines are approaching the top. If they can hold above the 80.00 level for a while, there is still hope for the bulls. However, if they roll over and start to come back down, a collapse could already be in the process of developing.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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