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Coinpaper 2026-04-08 17:40:57

Bitcoin Price Prediction: Why BTC Rally Is Stalling Now

Bitcoin is pushing against major resistance again, but the path higher still looks crowded. A daily chart shows BTC testing the final range ceiling, while short term orderbook data points to heavy sell pressure just above current price. Bitcoin Tests Final Range Ceiling as Third Breakout Attempt Starts Bitcoin is making another push toward the top of its broader range, and this chart shows why traders are watching the move closely. According to Titan of Crypto, BTC has already moved through the second fair value gap, or FVG, while only one overhead imbalance remains. That leaves price close to the last resistance zone before a possible breakout from the range. Bitcoin Daily Chart. Source: Titan of Crypto on X The chart shows Bitcoin trading inside a large sideways structure after a sharp drop. Since then, price has repeatedly failed to hold above the upper boundary. Two earlier breakouts turned into fakeouts, which means buyers pushed price above resistance but could not keep control. As a result, BTC fell back into the range both times. Now the structure looks different. Price has reclaimed the lower FVGs step by step and is now pressing into the final overhead FVG near the range high. That matters because it shows stronger recovery than in the previous attempts. Instead of rejecting immediately, Bitcoin climbed back through multiple imbalance zones and held the move. Even so, the chart does not confirm a breakout yet. The upper FVG is still acting as resistance, and that area sits near the same zone where earlier fakeouts formed. So this is the key level to watch. If Bitcoin clears that last FVG and closes above the range high, the market structure could shift more clearly in favor of buyers. On the other hand, if BTC fails again at this level, the range will remain intact. Then the move would look like another rejection from resistance rather than the start of a sustained breakout. In that case, price could rotate back toward the middle or lower end of the range. So the main takeaway is clear. Bitcoin has improved its position by clearing two overhead FVGs, but the final test still stands. This third attempt could become the real breakout, yet the chart still needs confirmation above the range ceiling. Bitcoin Stalls After Sharp Move as Whale Orderbook Shows Heavy Sell Wall Bitcoin has moved into a pause after its latest push higher, and the latest CoinGlass whale orderbook snapshot helps explain why. The 15 minute chart shows heavy sell pressure stacked between $72,400 and $73,600, while the largest visible bid sits much lower near $70,600 with more than $40 million in support. Bitcoin Whale Orderbook Analysis, 15 Minute Chart. Source: CoinGlass on X The chart shows BTC trading around $71,700 after a fast upward move. Since that surge, price has started to move sideways instead of extending higher. That shift suggests the market is now consolidating as traders react to a thick cluster of sell orders overhead. The clearest resistance zone sits between $72,400 and $73,600. Multiple large red order blocks are stacked in that range, which means sellers are waiting above current price. As long as those orders remain in place, Bitcoin may struggle to break higher in the near term. Even if price pushes upward, that area could slow the move or trigger another rejection. On the downside, the strongest visible support on this snapshot sits near $70,600. CoinGlass marks that level as the largest bid on the board, at more than $40 million. That makes it an important area to watch if Bitcoin starts pulling back. If sellers push price lower, buyers may try to defend that zone first. The chart also shows smaller bids above that level, including support zones around the low $71,000s and near $70,400. So for now, Bitcoin appears stuck between nearby support and a dense wall of overhead supply. In other words, the market has shifted from expansion into a range. That leaves traders watching both ends of the structure. A move above the heavy $72,400 to $73,600 sell zone could reopen bullish momentum. However, if Bitcoin loses the nearby support levels, the bigger liquidity magnet may sit lower around $70,600. Right now, the orderbook suggests range trading remains the dominant short term setup.

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