Read more
10:37 · 6 April 2026

Bitcoin gains 3.5% approaching $70k level 📈

Market sentiment around Bitcoin is gradually improving, supported by a slight weakening of the US dollar and rising risk appetite ahead of Monday’s US session. Negotiations between Washington and Tehran are ongoing, and in the short term the market appears cautiously optimistic about the possibility of at least a temporary ceasefire.

Bitcoin chart (D1 timeframe)

Looking at the last two downward price impulses, BTC has behaved similarly in both cases. Currently, as well as at the turn of November and December 2025, the price declined by around 10% below the 23.6% Fibonacci retracement of the downward move—previously around $91,000, and currently near $69,000. As in the previous move, the price has also rebounded from resistance at the 38.2% Fibonacci retracement - earlier around $98,000, and now approximately $74,600.

The key support level is currently located around $65,000. A break below this threshold could trigger a decisive third downward impulse. If such a move were to mirror the scale of the previous two declines (roughly 1:1), Bitcoin could potentially fall toward the $45,000 area. On the other hand, upward move above $70k makes the retest of $74.600 more probable.

Source: xStation5

24 April 2026, 18:53

Daily summary: AI optimism, Nvidia stock surge & second round of US - Iran talks drive optimism on Wall Street

24 April 2026, 18:46

📌Oil slips below $100

24 April 2026, 16:34

⚡ Will US drought fuel speculative grain volatility on CBOT?

24 April 2026, 15:58

🔴Three markets to watch next week: all eyes on the Fed (24.04.2026)

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.