Bitcoin profit taking keeps BTC below $70K as Trump doubles down on Iran
6 April 2026 at 20:03
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Bitcoin found familiar resistance as it crossed the $70,000 mark to hit new April highs, with analysis blaming "profit-taking pressure."
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Bitcoin found familiar resistance as it crossed the $70,000 mark to hit new April highs, with analysis blaming "profit-taking pressure."
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Bitcoin hinted at a long-term bullish trend change as BTC neared an MACD cross that last resulted in $25,000 gains over two months.
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Bitcoin added downside BTC price warnings as Binance order-book data showed multiple investor classes selling coins into the weekend.
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ARK Invest CEO Cathie Wood said that Bitcoin as a "proven" asset would no longer experience drawdowns of 85% or more from all-time highs.