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14.04.202606:23 Forex Analysis & Reviews: Trading Signals for BITCOIN on April 14-16, 2026: sell below $75,000 (21 SMA - 4/8 Murray)

Rilevanza fino a 00:00 2026-04-28 UTC--4

Exchange Rates 14.04.2026 analysis

The price of Bitcoin reached the levels seen on March 15, around $75,000, though it was unable to hold above this psychological level. We observed a technical correction, and the price also reached the upper band of the uptrend channel; both of these levels are acting as strong resistance.

If Bitcoin consolidates above $75,000 in the coming hours, we could view this as a positive signal, and BTC is expected to reach the strong weekly resistance around $77,250 quickly; if it breaks above this level, it could reach the 5/8 Murray level around $81,250.

Given that Bitcoin faces strong resistance below $75,000, if the price consolidates below this zone in the coming hours, it could be seen as an opportunity to open short positions with a target at the 21 SMA around $72,500. If the technical correction continues, we could expect BTC to reach the 200 EMA around the psychological level of $70,000.

Given that the Eagle indicator is reaching overbought levels, it is likely that if Bitcoin reaches the $75,000 or $77,000 levels, this could be seen as a zone to enter short positions with a short-term target around the 3/8 Murray level at $68,750.

Our trading plan for the coming hours is to sell Bitcoin if the price attempts to break above $75,000 but fails to do so, with targets at $73,500, $72,800, and $72,500. The Eagle indicator is showing a negative signal.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
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