Apr 28, 2026
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BEARISH 📉 : Bitcoin drops under $78K; bulls must reclaim $77.6K resistance level
Bitcoin rejects $79.5k and slips. Price consolidates below $78k; $76.5k holds for now.
Bitcoin (BTC) failed above $78.5k and pulled back. Price dipped to $76,480, then moved sideways under the 100‑hour SMA. NewsBTC tracks the move and prior resistance at $78.5k here and the 100‑hour SMA backdrop here.
Bounce faces a cap at $77.6k. A trendline resistance sits there. A close above $77.6k opens $78k, then $78.5k–$78.8k.
Fail at $77.6k risks fresh lows. First supports: $76.75k and $76.5k. Below, $75.5k, then $74.2k. Major floor at $73.5k.
Momentum cools. MACD trends bearish. RSI sits below 50.
Key levels:
- Resistance: $77.6k, $78k, $78.5k–$78.8k
- Support: $76.75k, $76.5k, $75.5k, $74.2k, $73.5k
