{"id":40776,"date":"2026-04-20T20:30:55","date_gmt":"2026-04-20T20:30:55","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-rebounds-strongly-can-bulls-drive-price-toward-79000\/"},"modified":"2026-04-20T20:30:55","modified_gmt":"2026-04-20T20:30:55","slug":"bitcoin-rebounds-strongly-can-bulls-drive-price-toward-79000","status":"publish","type":"post","link":"https:\/\/cryptd.in\/tr\/bitcoin-rebounds-strongly-can-bulls-drive-price-toward-79000\/","title":{"rendered":"Bitcoin Rebounds Strongly \u2014 Can Bulls Drive Price Toward $79,000"},"content":{"rendered":"<p>Bitcoin is showing renewed strength after a sharp rebound, signaling that buyers are stepping back in at key levels. With momentum building and price pushing higher, attention is now shifting toward the $79,000 resistance zone, where a <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-breakout-confirmed\/\" target=\"_blank\" rel=\"noopener \">breakout<\/a> could confirm continued upside and open the door for a stronger rally.<\/p>\n<h2>Selling Pressure After Initial Reaction<\/h2>\n<p><a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-73k-rally-us-investors-major-driver\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> saw an immediate response to yesterday\u2019s developments, facing notable selling pressure as the market processed the news. Analyst Kamile Uray <a href=\"https:\/\/x.com\/remdocan\/status\/2046113511789498541?s=20\" target=\"_blank\" rel=\"noopener nofollow\">\u00f6nemli\u0307 noktalar<\/a> that while the initial reaction was bearish, the possibility for a continued rally remains on the table, provided the immediate low of $73,371 is successfully defended.<\/p>\n<p>However, a 4-hour candle close below this mark would likely trigger a deeper correction toward the $68,720 level, which represents the critical 0.618 Fibonacci <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-eye-retracement-phase\/\" target=\"_blank\" rel=\"noopener \">retracement<\/a> of the most recent upward wave. Holding this support provides the foundation for a fresh leg up.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-892518\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Bitcoin-chart-from-Kamile-Uray-2.png?w=512&amp;resize=512%2C324\" alt=\"Bitcoin\" width=\"512\" height=\"324\" loading=\"lazy\" \/><\/p>\n<p>On the bullish side, a decisive close above $79,000 would signal a continuation of the broader uptrend toward much higher targets. Uray identifies a major<a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/next-key-bitcoin-price-resistance\/\" target=\"_blank\" rel=\"noopener \"> resistance<\/a> cluster between $98,000 and $107,000\u2013$109,000. Should the price face a rejection at these elevated levels, traders should expect a return to the previous support zones, ranging from $73,371 to the $66,000 region.<\/p>\n<p>Examining the daily timeframe, the $65,666 level serves as a pivot point. As long as Bitcoin maintains its position above this threshold, the overall structure remains skewed toward a potential rise.<\/p>\n<p>A failure to hold the $65,666 level would shift the focus to lower support levels at $63,823, $62,433, and $60,000. The most critical warning comes at the $60,000 mark; a daily close below this psychological and technical barrier would likely extend the corrective phase significantly.<\/p>\n<h2>Bitcoin Bounces Strongly As Week Kicks Off<\/h2>\n<p>In his most recent <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/2046135529377517760?s=20\" target=\"_blank\" rel=\"noopener nofollow\">update<\/a>, analyst Micha\u00ebl van de Poppe noted a relatively strong upward bounce for Bitcoin on Monday. This movement is particularly significant as it occurs during a period where <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin-ethereum-trading-expands-as-charles-schwab-enters-crypto-market\/\" target=\"_blank\" rel=\"noopener \">markets<\/a> typically trend toward a risk-off stance ahead of the weekly opening. The ability of Bitcoin to push higher against this cautious backdrop suggests underlying strength in current demand.<\/p>\n<p>A key factor in this analysis is the recent decoupling from traditional safe-haven assets. While Bitcoin has shown resilience and upward momentum, gold has trended downward. Looking at the weekly <a href=\"https:\/\/www.newsbtc.com\/breaking-news-ticker\/three-way-bitcoin-outlook-tied-to-us-iran-war-which-case-is-most-realistic\/\" target=\"_blank\" rel=\"noopener \">outlook<\/a>, the presence of a price gap at the $77,300 level remains a primary focal point for traders. Given the strength of the recent bounce and the existing technical vacuum toward that higher level, Bitcoin is expected to fill this gap and achieve new highs before the current week concludes.<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/4Nk6MMqs\/\" alt=\"Bitcoin\" width=\"2084\" height=\"1636\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin is showing renewed strength after a sharp rebound, signaling that buyers are stepping back in at key levels. With momentum building and price pushing higher, attention is now shifting toward the $79,000 resistance zone, where a breakout could confirm continued upside and open the door for a stronger rally. Selling Pressure After Initial Reaction [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-40776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Rebounds Strongly \u2014 Can Bulls Drive Price Toward $79,000 - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/tr\/bitcoin-rebounds-strongly-can-bulls-drive-price-toward-79000\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Rebounds Strongly \u2014 Can Bulls Drive Price Toward $79,000 - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Bitcoin is showing renewed strength after a sharp rebound, signaling that buyers are stepping back in at key levels. 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