Bitcoin BTC/USD ends the trading week at 77725 and continues to move as part of the development of a bullish correction and a downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which is downward due to pressure from sellers of the asset and a potential continuation of the fall in BTCUSD quotes. At the moment, we can expect an attempt to develop a bullish correction in the price of the coin and a test of the resistance area near the level of 79605. From where we can again expect a downward rebound and a continuation of the fall in the Bitcoin rate with a potential target below the level of 49065.
Bitcoin Forecast BTC/USD April 27 – May 1, 2026
An additional signal in favor of a fall in BTC/USD quotes in the current trading week April 27 – May 1, 2026 will be a rebound from the upper boundary of the “Wedge” reversal pattern. The second signal will be a rebound from the descending resistance line on the relative strength indicator (RSI). Cancellation of the Bitcoin fall option in the current trading week will be a strong growth and a breakdown of the 89505 area. This will indicate a breakdown of the resistance area and continued growth of BTC/USD quotes with a potential target above the level of 95605. Confirmation of the development of the bearish movement will be a breakdown of the support area and closing of quotes below the level of 68505, which will indicate a breakdown of the lower boundary of the bullish correction channel.
Bitcoin Forecast BTC/USD April 27 – May 1, 2026 suggests an attempt at the resistance area near the level of 79605. Then, the continued fall of the cryptocurrency to the area below the level of 49065. An additional signal in favor of a decrease in the Bitcoin rate in the current trading week will be a test of the trend line on the relative strength index (RSI). Cancellation of the option of falling Bitcoin cryptocurrency quotes will be a strong growth and breakdown of the area of 89505. In this case, we should expect a continuation of the rise with a target at the level of 95605.
