Bitcoin stalls near $78,500 as momentum fades

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Bitcoin stalls near $78,500 as momentum fades
Bitcoin stalls near $78,500 as momentum fades
Liezl Gambe
Written by Liezl Gambe
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Bitcoin traded at $77,989 on April 26, 2026, consolidating near the upper end of its range as short-term momentum showed signs of weakening.

The cryptocurrency hovered just below the $78,500 level with technical indicators such as RSI at 64 and MACD at 2,047 pointing to positive but unconvincing momentum.

Traders are watching a potential move toward $79,500 resistance, while a drop below $77,200 could determine the next directional shift.

On the one-hour chart, bitcoin remains in tight consolidation with resistance between $78,200 and $78,500 and support between $77,200 and $77,400, reflecting fading buying pressure near recent highs.

The four-hour structure shows a range-bound market after rejection near $79,500, with choppy price action and liquidity sweeps indicating a lack of strong directional conviction.

On the daily timeframe, bitcoin maintains a broader bullish trend with higher highs and lows, though declining volume near recent peaks suggests slowing momentum and the possibility of a pause or retracement.

If support at $77,200 holds, bitcoin may retest $79,500, but failure at this level could trigger a pullback toward $75,000 or lower support zones near $73,500.

At the time of reporting, Bitcoin price was $79,121.81.

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