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BTC Pulls Back from Barrier Again
Bitcoin markets continue to see a lot of resistance just above current levels, although it must be said that the buyers are persistent. The Bitcoin market continues to build a larger base from what I can see. Bitcoin markets tried to rally to kick off the trading session on Wednesday, but we did give back some of the gains. That’s not a huge surprise considering that the market is sitting at a major resistance barrier and as a result, it would be a little bit difficult to just simply continue to scream to the upside. Yes, we do have a certain amount of risk appetite returning to the market due to the ceasefire, but ... (full story)
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From financemagnates.com | Apr 9, 2026
Bitcoin (BTC) traded at $71,362 on Wednesday, April 9, 2026, up approximately 4.5% from Tuesday's open as the two-week U.S.-Iran ceasefire collapsed crude oil prices and sent $427 million in crypto short positions into forced liquidation. The Bitcoin price prediction debate has shifted sharply over the past 72 hours. Now BTC is pressing into the densest ...
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