BTC/USD sold on the rally

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Anton Kharitonov

20.04.2026

BTC/USD sold on the rally — BTC/USD

BTC pullbacks toward the 73.8–73.4K support zone were actively bought, allowing bulls to break through resistance at 75.4K and 76K, which led to a price increase toward 78.4K.

However, escalating tensions in the Middle East continue to drive risk-off sentiment, causing Bitcoin rallies to be used for selling, which has pushed the price back into the mentioned support zone. Demand remains active near this area, and bulls are once again attempting to break above the 75.4K resistance.

If successful, a retest of the 76.0–76.2K levels is possible, and a sustained breakout above this range would open the path toward 77.6K. If bulls fail to overcome the current resistance, it could trigger another wave of selling and a decline toward the 73.8–73.4K support zone.

The Middle East conflict remains a negative factor for the crypto market. In addition, the inability of bulls to reach the psychological 80K level could trigger a broader liquidation of long positions.

In the near term, range-bound trading is likely.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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