empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

23.04.202606:37 Forex Analysis & Reviews: Trading Signals for BTC/USD on April 23-25, 2026: sell below 79,500 (21 SMA - 4/8 Murray)

Relevance up to 00:00 UTC--4

Exchange Rates 23.04.2026 analysis

Bitcoin is trading around $78,358, undergoing a technical correction after reaching its monthly high of $79,519 during Wednesday's US trading session. Bitcoin has reached the upper band of the uptrend channel that has been forming since early April, and it is likely that Bitcoin will consolidate below this level in the coming days.

If Bitcoin attempts to break above the $79,500 zone in the coming hours and is rejected, this could be seen as an opportunity to sell below this zone, as technically, overbought levels are observed.

If Bitcoin falls below the 5/8 Murray level around $78,125, this could be seen as an opportunity to sell with targets at the 21 SMA at $76,499 and finally at the 4/8 Murray level around $75,000.

As long as the Bitcoin price continues to trade within the uptrend channel, it is expected that Bitcoin will resume its uptrend after a technical correction and could reach the 6/8 Murray line around $81,126.

Given that Bitcoin is currently at resistance levels, a technical correction toward the lower band of the uptrend channel at $75,700 could follow in the coming days. Around this area, we could look for opportunities to open long positions with targets at $78,125 and $81,250.

A sharp break below the psychological level of $75,000 could change the outlook for Bitcoin, and we could expect it to fall toward the 200-day EMA at $72,480 and ultimately toward the 2/8 Murray line at $68,750.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2026
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaSpot
Download MetaTrader 4 and open your first trade
Não pode falar agora?
Faça sua pergunta no chat.