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TRADERS... THIS CHART IS GIVING US A BIG WARNING

Satoshi Stacker · · 10:08 · Watch on YouTube

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BTC near publication: $77,0544-hour candle close · 29 Apr 2026, 08:00 UTC · BTC/USDT

On Bitcoin

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Views

  • Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): Overall, still happy with the current state. We're still in a short-term bullish trend towards the upside. ▶ 09:28 The call was wrong: 77.1k when said, 73.5k on 29 May 2026 (−4.6%).

Levels named

  • 82k: Resistance (short-term holder break-even zone that still has to be broken): Now, this one is currently at $82,000. So, this is also something we will have to break. ▶ 08:48
  • 79k: Resistance (cost basis of recent investors, usually broken at the start of a bull market): So, where is this right now? It is at about $79,000. And you can see it right here. ▶ 08:24
  • 76.6k: Support (Other): today, a bit of a green candle trying to stay above the $76,600 level. ▶ 00:48

Their own position: Not said.

Dates named

  • Fed rate decision and Powell's last press conference on 29 Apr 2026: You're going to have the Fed rate decision today. Everyone are expecting the Fed to leave the rates unchanged.